Guardian Holdings Limited’s Allocation of Shares

NCB Capital Markets has advised that further to the closure of
NCB Global Holdings Limited’s (“NCBGH”) Invitation for Offers to Purchase Shares in Guardian Holdings Limited, they are now pleased to inform on the Basis of Allocation, which are as follows:

Allocation of Shares in Guardian Holdings Limited:
1) Staff of NCB Financial Group or Guardian Group with NCBCM Accounts:

– All applicants in this pool will receive full Allocation.

2) Clients of NCB Financial Group or Guardian Group in Jamaica with NCBCM Accounts:

– All applicants in this pool will receive full Allocation.

3) General Public:

– All applicants in this pool will receive full Allocation.

In accordance with the Prospectus, allocations in all pools were made on a first-come-first-served basis.

NCB Capital Markets Limited further advised that “Since the launch of the Invitation, GHL shares traded consistently at an average price between $750 and $760. With this in mind, the Seller, NCBGH, has taken the decision to give a partial refund of $48.04 on every share that was allocated. This decision means that investors who participated in the Invitation received the shares at an effective price of $746.96.”