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Carreras Ltd (CAR)- Dividend Declared

On March 14, 2006, the Board of Directors passed the following resolutions:

1. That an interim dividend of $2 per stock unit be paid out of accumulated profits;

2. That an interim special capital cash distribution of $3.60 per stock unit be paid out of proceeds received from the voluntary liquidation of Cigarette Company of Jamaica Ltd.;

3. That the interim dividend and the interim special capital cash distribution are payable on April 11, 2006 to stockholders as shown by the register of members as at March 28, 2006.