The company will have its AGM at the LOJ Auditorium, 28-48 Barbados Avenue, Kingston 5 on July 30, 2003 at 10:00 a.m. For consideration:
1. A Proposed Stock Option/Grant Plan for Executives and a special resolution that 150 million of the authorised but unissued shares of ten cents each be set aside for allocation to the Executives of the company in accordance with the Stock Option/Grant Plan details of which have been circulated to the shareholders prior ro the AGM.
2.That the part of the authorised share capital of the company such part being the amount of J$3,150,000.00 comprising 1.7 million 8.17%A redeemable cumulative preference shares of $1.00 each , 300,000 8.17%B redeemable cumulative preference shares of $1.00 each , 975,000 10.37% redeemable cumulative preference shares of J$1.00 each and 175,000 10.37% D redeemable cumulative preference shares of $1.00 each (all of which redeemable cumulative preference shares have been duly redeemed by the company), be converted into J$3.15 million comprising 31.5 million ordinary shares of 10 cent each.
