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Caribbean Cement Company Ltd.( CCC) – Late Financials

Please be advised that Caribbean Cement Company Limited (CCCL) is unable to comply with the requirement to file audited financial statements for the year ended 31st December, 2005 within ninety (90) days of the Company’s year-end, pursuant to Rule 408 of the JSE’s Rule Book.

 

The Company has been adversely impacted by problems experienced in the implementation of a new Information Technology system. This has resulted in delays in the finalization of CCCL’s Accounts and the completion of the audit therein.

 

It is expected that the external audit will be completed on or before May 31, 2006 and the Audited Financial Statements will then be available for publication. Should the exercise be completed earlier the filing will be advanced.

 

Since, 1999 CCCL has filed its Audited Financial Statements on time and has made every effort to comply fully with JSE’s rule and regulations. We therefore look forward to favourable consideration in this matter.