RBTT Financial Holdings Ltd

Posted: May 29, 2008 at 12:00 am

RBTT Financial Holdings Limited (RBTT) was awaiting and has now received certain Central Bank approvals from banking regulators in Trinidad and Tobago, Barbados, Jamaica, the Eastern Caribbean States, the Netherlands Antilles, Aruba and Suriname for the amalgamation and that all other closing conditions are satisfied or waived as appropriate. RBTT and RBC have accordingly agreed that the Effective Date of the amalgamation will be June 16, 2008 and, for a period of fourteen (14) days preceding the proposed Effective Date RBTT would wish trading in the shares to be suspended in order to facilitate the execution of the various activities necessary to deliver to holders of RBTT ordinary shares the consideration therefore in a timely manner.  Trading in the shares of RBTT on the Jamaica Stock Exchange will be suspended effective June 2, 2008.

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