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Acquisitions

Lascelles, deMercado and Company Ltd. (LAS)- Acquisition

The Lascelles, de Mercado Group of Companies has purchased Jamaica General Insurance Co. Ltd. and the transaction has been completed. However, the name, “The Jamaica General Insurance Company Ltd.” has

Ciboney Group. Ltd. – Acquisition

The Board on Sept. 11, 2003 approved the extension of the Sale Agreement between Rios Hotel Management Ltd. and the Company, for purchase of the resort, to December 31, 2003,

Guardian Holdings Ltd. (GHL) – Acquisition

NEM (WI) Insurance Ltd., a member of the Guardian Holdings Gp. has acquired the issued share capital of Link Underwriting Agency Ltd. from Rubicon Corp. UK. Link is a Managing

Trinidad Cement Ltd. (TCL)- Offer to shareholders

On June 24, 2002, Cemex S.A.,de C.V. (“CEMEX”), through its wholly owned indirect subsidiary, Cetacea investments Limited, presented to Shareholders of TCL a written conditional offer to acquire 249,765,136 issued

TDB – Acquisition

On November 22, 2000 TDB entered into an agreement for exchange of shares with First Life Insurance of TDB to acquire the whole of the issued share capital of Pan-Caribbean