Change in Management

Cable & Wireless (LIME) – Movements

Effective August 12, 2003, Mr. George Brown will no longer be employed to Cable & Wireless Ja. Mr. Rakesh Goswami, SVP/Finance has resigned from the company, effective July 31, 2003.

GraceKennedy Ltd. (GK) – New Board

As of January 1, 2002, the Board of Directors of Grace, Kennedy & Company Ltd. is as follows: Douglas Orane Donald Wehby Brian Goldson Robert Kinlocke Erwin Burton John Mahfood