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Change in Management

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

Carreras Gp. Ltd. (CAR) – New CEO

At the Board of Directors meeting on May 10, 2000 the Directors accepted the resignation of Mr. John Ruland as Chief Executive Officer and a director of the company and

Jamaica Broilers Ltd. (JBG) – New Chairman

At the meeting of the Board of Directors on April 19, 2000 Mr. Andrew Wildish retired from the Board and its chairmanship. Incumbent Director, Mr. R.D. Williams, was elected and

TDB – New Chairman

At the Board of Directors’ meeting of September 24, 1999, the Chairman Mr. A. Rafael Diaz tendered his resignation as Director and Chairman of TDB effective September 30, 1999. The

Goodyear Jamaica Ltd. (GYR) – Gets a New M.D.

The following appointments were made to the Directors of the company: Mr. Peter Graham – Managing Director Mr. Ian McNaughton – Financial Controller/Secretary Mr. Kenneth O. Earhart – Director Finance

First Life – New Director

Mr. Roy Collister was appointed as a Director of the company effective February 25, 1999.