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Hardware and lumber (HL) – Trading of Shares

On 21 December 2005, One Thousand Two Hundred shares of Hardware & Lumber held by Pan-Jamaican Investment were transferred to the following directors, as nominee holders:

Name                       No. of Units

W. G. B. Ewen          600
Stephen B. Facey    600       

The Directors are required to hold a minimum of 1,000 shares either as nominee holder or in their own names. These shares are being held under a Declaration of Trust on behalf of Pan-Jamaican Investment Trust Ltd.