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Pegasus Hotels of Jamaica Limited(PEG)- Appointment

Under Article 80 (1) (c) of the Articles of Incorporation, Rev. Denzil Barnes was co-opted a Director to serve on the Board of Pegasus Hotels of Jamaica Limited as as January 28, 2008.  This co-option is for a period of one (1) year.

Mr. L. L. (Laurie) Ventour was appointed a member of the Audit Committee and Rev. Denzil Barnes was retained as Chairman.  The Audit Committee now comprises:

Rev. Denzil Barnes              –   Chairman
Mr. B. Anthony Lindo
Mr. L. L. (Laurie) Ventour