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TDB – Shareholders’ Dividend Declared

The Board at its meeting on January 31, 1997, declared an interim dividend of ten cents to be paid on each stock unit of the paid up capital of the

First Caribbean International Bank Jamaica

A Board of Directors’ meeting resolved that an interim cash dividend in respect of 1996 of 15 cents per stock unit payable on February 24, 1997 be declared to stockholders

Island Life – Management Changes

The Directors approved the following management changes effective January 1: 1. Mr. Oliver E. Jones relinquishes the post of President of the company and will continue in office as Chairman

Dyoll Gp. Ltd. (DYOL) – New Transfer Agent

Effective January 1, 1997 the Registrar and Transfer Agent will be Pan- Caribbean Merchant Bank Ltd., 1st Floor, The Pan Caribbean Merchant Bank Bldg., 64 Knutsford Blvd., Kingston 5.

Life of Jamaica – Snr. Executive Appointment

The Hon. Dennis Lalor, Chairman of the Board announced on December 23, 1996 the appointment of Milverton Reynolds as President of LOJ. Mr. Reynolds joins LOJ and the ICWI Gp.

Seprod Ltd. (SEP) – Buy Out

The company has purchased Agricultural Marketing Corporation’s 20% shareholding in Jamaica Grain and Cereals Ltd. for a purchase consideration of Ja$12 million. As a result, Jamaica Grains and Cereals is

Radio Jamaica Ltd. (RJR) – Share Capital Increase

At the extra-ordinary general meeting on December 19 the following resolutions were passed: 1. An increase in the authorized share capital of the company from $22.9 million (divided into 50,000