Other Company News

CIBC (Ja.) – New Name

Following an Extraordinary General Meeting held on August 21, 2002, the company has received shareholders approval to change the name of the company to First Caribbean International Bank Jamaica Limited,

Seprod Ltd. (SEP) – News from Subsidiary

Industrial Sales Ltd., fully owned subsidiary of Seprod Ltd. has by ordinary resolution of the company dated November 14, 2001, increased its share capital by $9.6 million to $29.1 million

Courts Ja. Ltd. (CRTS) – Movements

Miss Conniffer Grant has been appointed Financial Controller/Company Secretary with effect from August 2001 while Dennis Harris now assumes the role of Deputy Managing Director.

RBTT Financial Holding Ltd. – New Listing

RBTT Financial Holdings was listed on the JSE on November 28, 2001. On March 15, 2001, Union Bank of Jamaica was acquired by RBTT International Ltd. – a member of

CIBC (W.I.) – Board Movement

Mr. Ronald Harford and Mr. Ronald Huggins both of Republic Bank Ltd. have resigned from the Board of the company effective September 26, 2001. At a meeting of the Board

Cable & Wireless Ja. (LIME) – Board Movements

Nicole Foga and Milton Weise, the Government nominees on the Board of Directors have resigned with immediate effect. Mr. Milton Weise was appointed to the Board on August 28, 2001,

DB&G – Capital Distribution

The Board has advised of the declaration of a capital distribution of 10% of profit after tax to shareholders. The dividend to be paid is $0.099 per share; the record