Other Company News

Cable & Wireless (LIME) – Board Movements

Mr. Donald Reed and Mr. Colin Little have resigned from the Board of Directors effective May 31, 2000 and May 16, 2000 respectively. Mr. Robert Lerwill has been appointed Director

Seprod Ltd. (SEP) – Purchase of Facey Commodity

On May 26th , 2000 Seprod Ltd. and Musson Jamaica Limited, as equal partners, signed an agreement with Industrial Commercial Developments Ltd. to purchase all of their 97% shares in

Grace, Kennedy Ltd. (GK) – Revenue Highlights

Interim Report to shareholders – March 2000: The Group achieved revenues of $3,585.9 million (1999 $3,603.5 million.) The net profit attributable to shareholders increased by $27.3 million over the corresponding

Seprod Ltd. (SEP) – Capital Distribution

The Board of Directors resolved that a Capital Distribution of forty cents per share (less Transfer Tax) be paid to all shareholders on record as at May 18, 2000 and

Cable & Wireless (LIME) – Board Movements

Mr. Odie Donald resigned as a Director of the company effective April 4, 2000 and Mr. James Cheesewright has been appointed a Director effective April 12, 2000.

Seprod Limited (SEP) – Board Movements

The following changes were effected at a meeting of the Board on April 3,200: Mr. A.R. Diaz announced his retirement as director of Seprod; Mr. Gregory B. Solomon tendered his

Cable & Wireless (LIME) – Bonus to come

The Board will recommend to the annual general meeting that upon the recommendation of the Directors the authorised share capital of the company be increased from J$11,300,000,000 to J$13,100,000,000 by

Goodyear Ja. Ltd. (GYR) – Relocation

Effective immediately the company will consolidate its operations and as part of this change the company’s administrative office will be relocated from 8 Olivier Road, Kingston 8 to 230 Spanish

DB&G – Four cents capital distribution

The Board of Directors have declared an a capital distribution of four cents per share to stock holders on record as at December 14, 1999. Payment date is January 31,