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Jamaica Pegasus Hotels

Pegasus Hotels of Jamaica Limited has advised of the following Board changes effective November 22, 2007:

Resignation of Directors

Rev. Denzil Barnes, Hon. Shirley Tyndall, Mrs. Marjorie Campbell, Mr. Easton Douglas, and Mr. George Duncan.

Appointment of Directors

Mr. Louis Williams, Miss Joy Douglas, Mr. L.L. (Laurie) Ventour, Miss Marcia Ward and Mr. Alston Douglas.

Pegasus Hotels of Jamaica Limited has also advised that a new Audit Committee will be selected at the next Directors Meeting to be held on Monday, January 28, 2008.

Pegasus Hotels of Jamaica Limited has also advised that a new Audit Committee will be selected at the next Directors Meeting to be held on Monday, January 28, 2008.