JAMAICA STOCK EXCHANGE “Providing A Fair, Efficient and Transparent Stock Market”

JAMAICA STOCK EXCHANGE 1 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 2 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

TABLE OF CONTENTS

MESSAGES 4 Chairman - JSE 5 General Manager - JSE

7 Historic Points of the JSE over the last 40 Years 8 JSE Corporsate Highlights 2009

12 General Manager’s Report 19 Jamaica Stock Exchange Regulatory Functions

Year in Review 2008 21 Economic Highlights and Stock Market Performance

STOCK 25 A Five Year History of Trading Activity MARKET 30 Month-End Stock Price Quotations ACTIVITY 34 Year-End Stock Price Quotations 36 Year-End Corporate Bond Quotations 37 Annual High & Low Stock Prices

STOCK 39 Monthly Volumes and Values MARKET 40 Monthly Index & Trading Averages DATA 41 Top Twenty Companies: By Market Capitalization, Volume and Value 43 Twenty Most Active Stocks for 2009 & Block Transactions for 2009 44 A Five-Year History of Dividend Summary 45 Bonuses, Splits and New Issues: A Five Year History

COMPANY 46 Corporate Data: Issued Capital, Par Value and Due Dates PROFILES & 47 Top Twenty Companies: By Sales, Pre-Tax Profit and After-Tax Profit PERFORMANCE 49 Corporate Profit Profile: 2008 vs. 2009 50 Monthly Trading Volumes and Values 59 Understanding Terms and References 61 Corporate Information and Financial Data 119 Best Practices Awards 2008

JSE DATA 120 Listing Fees and Trading Charges for Main Market and Junior Market 122 JSE Statement of Corporate Governance Principles and Practices 126 JSE Stockbrokerages & Contact Information 127 Index to Advertisers 128 JSE Board Members’ Profile 135 Acknowledgement

The Jamaica Stock Exchange Yearbook is published annually by the Jamaica Stock Exchange, 40 Harbour Street, P.O.Box 1084, Kingston, Jamaica. Telephone: (876) 967-3271/Fax: 924-9090. Visit us at: www.jamstockex.com Copies of the Book may be obtained by contacting the Jamaica Stock Exchange. Editor: Neville Ellis, Cover Design & Book Layout: Richard Paisley

JAMAICA STOCK EXCHANGE 3 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

Message - chairman, Jamaica Stock exchange The Importance of Market Data

he Jamaica Stock Exchange (JSE) has been a source of data collection and representation over the past 40 years. This activity has become so ingrained in the company's operations, that we are defined by the many publications that are produced and circulated Teach year - including this popular publication - the JSE Year Book. We are a major institution in Jamaica and a valuable source of economic data which we compile and present with pride every year to the market. This year's data presentation is rich with charts and graphs and we have continued the same rigor and meticulous standards that were used in the past, to ensure excellence in the data compilation produced for the public.

Data and the collection of data are very important in our everyday life as the information gathered allows us to make important decisions. Since the financial meltdown, information disclosure has been brought into full focus. Investment decisions are very important in our lives and the country on a whole. The investment decisions that we make today can either make us or break us financially, and affect our twilight years, particularly after retirement. The JSE recognized the importance of publishing consistently accurate data to allow investors, market analysts, researchers and students to keep abreast of market trends.

The JSE collects a pool of data ranging from five year trading activities to stock splits, five year dividend summaries and year- end high and low stock prices. Such information is designed to assist the investing public to forecast possible market trends. The compelling feature of the Year Book is that all the information is found in one place and can be used as easy reference when needed. Due care and diligence are used to compile the data and in some cases the information is also represented with graphs and charts to allow for quick analysis.

As we continue to evolve as an organization, we promise to have more data and analyses to allow for more information to be available to assist in better decision making. We stand committed to providing a fair, efficient and transparent market in which not only Jamaicans can participate, but also persons across the globe, I would like to use this medium to say thanks to all the staff members that were involved in the data collection and dissemination process. Your contribution will always be remembered, as everyone that uses the data presented here now or in years to come, will be using information that was compiled by you. Therefore, your contribution will no doubt impact prudent financial decision-making in a meaningful way.

Mr. Curtis A. Martin Chairman, Jamaica Stock Exchange May 21, 2009

JAMAICA STOCK EXCHANGE 4 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

Message - General Manager, Jamaica Stock Exchange

t is with a sense of pride and satisfaction that we present to you our valued customers, the Jamaica Stock Exchange Year Book 2009. Since the 12th century AD, with formation of the first Stock Exchange in France and the subsequent proliferation of Stock Markets all over the globe, Stock Exchanges have been a source of data collection and dissemination to the public. The Jamaica Stock Exchange I(JSE) has followed this important standard and over the last 40 years has provided useful and timely information to the market.

We have endeavoured to ensure that as we provide information to the market, especially through our Year Book, that the content is presented in a format that will attract and serve a wide cross section of persons ranging from investors, students, researchers and potential investors. As the years evolved and the use of technology increased, we have employed new means of ensuring the timeliness, attractiveness and the reach of this product. Today, the JSE Year Book enjoys wide dissemination and can be found at the Jamaica Stock Exchange, stock brokerages, at all our educational outreach events, universities and via our website (www.jamstockex.com)

While format and reach are very important, we believe content is even more so, as individuals will search for a publication with good content and even excuse its format. We think we have managed over time to get all three elements right. However over the years our content has seen significant development providing you with not only raw stock market data but with market reviews and analyses reviews, charts and graphs in user friendly mode and pertinent information on companies listed and trading on the Exchange.

As information on mortality rate is important to analyze population trends and demography, the data collected by Stock Exchanges assist us to measure the wealth, stability and economic activities in our country. We understand and appreciate that the Stock Exchange is a barometer of the economy and the statistical data can be used to monitor companies' performances and by extension the economy. We therefore take pride in ensuring that the information we compile and disseminate is of the highest standard.

Let me express my gratitude to the many and varied public and private sector groups and in particular our listed companies who continue to support our efforts in providing this very key information and useful publication, which we know is used by many organizations within and external to our country as a source to assist in evaluating, forecasting trends and planning.

I also want to use this medium to thank members of all the departments that assisted us to live up to our promise to deliver to the market relevant and credible data, in an efficient and transparent manner. Special thanks to the Market Operations and Trading Department for the high standard that is maintained each year in presenting market information to the public and for you the public, for entrusting this responsibility to us.

Finally, I wish to thank our sponsors who by advertising in this publication allow us to present timely and relevant information to you our readers free of cost. We look forward to your continued support.

Mrs. Marlene Street Forrest General Manager Jamaica Stock Exchange

JAMAICA STOCK EXCHANGE 5 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 6 YEAR BOOK 2009 Historical Points of the JSE over the last 40 Years

April 2008 Establishment of RMOC & RMOD

JAMAICA STOCK EXCHANGE 7 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” JSE CORPORATE HIGHLIGHTS 2009

JSE Best Practices Awards 2008

Governor General Awards for Excellence: Miss Anya Schnoor (left), Chief Executive Officer, Scotia DBG Investments and Donovan Perkins (right), President & CEO, PanCaribbean Financial Services receive shared award for the Overall Winner of the Best Practices Awards 2008. They received the Governor General’s Awards for Excellence from Former Prime Minister The Most Hon. Edward Seaga.

Mr. Richard Byles, President & CEO, Sagicor Life Jamaica and Mrs. Janice Grant Taffe (centre) accept PSOJ Corporate Governance Award from Ms. Greta Bogues, PSOJ Corporate Governance Committee member.

Ms. Yvonne Clarke (left), Group Chief Financial Officer, National Commercial Bank Jamaica, accepts the award for second place in JSE’s Best Practices Corporate Disclosure & Investor Relations Award from Mrs. Marlene Street Forrest, General Manager, JSE.

JAMAICA STOCK EXCHANGE 8 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” JSE CORPORATE HIGHLIGHTS 2009

Mr. Lissant Mitchell (left), Snr. Vice President Treasury & Capital Markets accepts the award on behalf of Scotia DBG Investments for joint first runner up in the JSE’s Best Practices Annual Report Awards from Mr. Livingstone Morrison, JSE Board Member.

Members of the audience listen attentively to the Keynote Speaker Dr. Geraldene B. Hodelin; Associate Professor of the University of Technology (UTECH).

From left to right Ed Mckie- Director JSE, Mayor Councillor Desmond McKenzie, Hon. Audley Shaw-Minister of Finance and Mrs. Marlene Street Forrest-General Manager JSE greet guests outside the St. Andrew's Scot Kirk United Church where JSE celebrated its 40th Anniversary with a Church Service held on February 8, 2009.

JAMAICA STOCK EXCHANGE 9 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” JSE CORPORATE HIGHLIGHTS 2009

40th Anniversary Celebration

Members of the audience are all smiles as the watch the event unfolded at the JSE's Evening of Musical Excellence, held at the Little Theatre on July 14, 2009.

On October 30, 2009 history was created when Access Financial Services Ltd (AFS) was first the company to be listed on the JSE Junior Market. Mr. Marcus James, Chief Executive Officer of Access Financial Services Ltd and Mrs. Sharon Harvey Wilson, Finance Director of Mayberry Investments Ltd, official inserts the Access Financial Services Limited strip at the Jamaica Stock Exchange; looking on from left to right: Mr. Brian Goldson, Chairman of Access Financial Services Ltd.; Mr. Don Wehby, Chief Operating Officer,GraceKennedy; Mrs. Marlene Street Forrest, General Manager of the Jamaica Stock Exchange; and Mr. Wentworth Graham, Chief Regulatory Officer.

Mrs. Marlene Street-Forrest, GM, JSE, (centre); Mr. Livingstone Morrison, Chairman, RMOC and Mr. Rohan Barnett, Executive Director, FSC listen intently as Mr. Sushil Jain, (left), makes a point at the Launch of the Market Surveillance System, held on September 18, 2009.

JAMAICA STOCK EXCHANGE 10 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” JSE CORPORATE HIGHLIGHTS 2009

From Left to Right: Ms. Dian Black - Director JSE, Ms. Hiliary Phillips, Q.C. - former Chairman of JSE Regulatory Market Oversigt Committee, Mr. Wentworth Graham - Chief Regulary Officer RMOD, Mr. Livingstone Morrison - Director JSE, Mrs. Marlene Street Forrest - General Manager, Mr. Quincy Campbell - winner of the RMOD logo competition, Mr. Garth Kiddoe - Director JSE and Mrs. Jane George - Director JSE. The occasion was the announcement of the winner of the RMOD logo competition held on April 15, 2009 at the Jamaica Stock Exchange.

JAMAICA STOCK EXCHANGE 11 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

GENERAL MANAGER'S REPORT - JSE

The year 2009 marked the end of a decade which saw several positive transformations to the Jamaica Stock Exchange (JSE); changes that are designed to improve profitability, market confidence and the delivery of products and services.

ENVIRONMENTAL FACTORS The global economic crisis, the high interest rate policies and the effect of the fall of many unregulated schemes all negatively impacted the market in 2008 and continues to do so throughout 2009. The country is still faced with the cut in export earnings arising from the shutdown of a large portion of the bauxite/alumina sector, the fall in remittances and revenue from other products in the traditional and non-traditional sectors which could impact on companies’ profitability and the ability of investors to invest. Not-with- standing this, as we have seen in the past, if the measures that are taken to reduce interest rates and if the foreign exchange rate can remain relatively stable then the market may rebound.

All these factors impacted the psyche of investors in the equities market bringing confidence to an all time low. This resulted in the strengthening of the 'bear market' that had started in 2008 as many investors sought a more conservative approach to investments or cashed in on their investments in equity to meet cash flow needs.

We expect that these conditions will persist, though with some small improvements, for much of 2010.

JSE PERFORMANCE IN 2009 As a direct result of environmental factors, the stock market experienced declining stock prices and continued low levels of trading throughout 2009 and many companies with potential did not come to market to be listed. The company’s income from the main revenue stream declined significantly.

While efforts to constrain expenditure were successful and resulted in a reduction of the year's expenses below that of the previous year in real terms and while investment income was marginally higher than 2008, these positives were insufficient to translate to a profitable outcome for the Group after discounting for the Compensation Fund's Income. The JSE and its subsidiary, the Jamaica Central Securities Depository (JCSD), both experienced sharp declines in revenue and profitability. JCSD Trustee Services Ltd., the new subsidiary formed in 2008, experienced its first surplus. The growth of business in Trustees Service and Registrar Services was positive in a market of declines.

The negative financial results did not deter the Exchange from achieving some positive milestones, including the celebration of our 40th Anniversary with the successful staging of several events and activities designed to continue the process of market education. One highpoint was the musical evening of excellence, which captured through music and drama, the Exchange's journey as a company twinned with Jamaica's journey as a nation. Other functions included our annual capital markets conference and our best practice awards, both of which continued to enjoy increasing interest and good support. Mrs. Marlene Street Forrest General Manager (Continued) Jamaica Stock Exchange

JAMAICA STOCK EXCHANGE 12 YEAR BOOK 2009 GENERAL MANAGER'S REPORT - JSE (Cont’d)

Throughout the year we embarked on an intensive marketing programme to educate and encourage small and medium sized companies to take advantage of the recently launched Junior Stock Market. This, we are convinced is a potential bright spot for the growth and development of our market and the economy. Access Financial Services Limited listed in 2009 and we are assured of many more listings for 2010 and beyond.

The long awaited Caribbean Exchange Network continues as a 'work in progress' but with one major hurdle cleared, as the Regional regulators signal their approval for the implementation of the CXN. However there are many slips between the cup and the lip and so we continue to work on clearing the few remaining hurdles. We continue to pursue this initiative, as we believe this will redound to the growth of the Regional Capital Markets.

We have started the development of the JSE e-Learning Campus, which is designed to provide post-graduate certification and comprehensive, structured and continuous professional education to persons in the financial services sector. We expect to launch this new initiative in 2010.

We believe that we need to accelerate the process of making relevant changes to our rules and procedures to enhance the market and have therefore been working with our listed companies, member-dealers and investors to implement these changes. Throughout the year, we also had discussions with the Government of Jamaica and other stakeholders towards enhancing the market through service delivery and the introduction of new products. We urge you to look towards even more products and innovations in the coming years.

OPPORTUNITES In spite of the fragile economic environment, the JSE identified possibilities and achieved some firsts in 2009. Many new products have been started in 2009 that will be completed in 2010 and many that were started in 2008 have now been completed.

In April 2009, we successfully launched the Junior Stock Market, even though the delayed passing of the tax amendments to codify incentives in September 2009 caused some hesitation on the part of Companies coming to list. We also completed the development and introduction of new bond indices, which are published daily on the Jamaica Stock Exchange's Website. The Stock Market Game, a simulated electronic trading and portfolio management competition aimed at improving market understanding and getting younger persons involved in the market was launched in 2008 and has succeeded in attracting many new entrants and broadening our reach within high schools and colleges across the island.

Sustainability is important to the Exchange. Therefore, we are proud to report that the initiatives that have been launched over the decade, such as electronic trading and the implementation of new products and services such as our website, the Stock Market Game and the Investment & Capital Markets Conference show potential for enhancing stakeholder value and have all been maintained and enhanced through the dedication of our internal and external teams.

STAYING THE COURSE Our vision remains focused on improving the capital market by creating products that will enhance investment experience and encourage new companies to list on either the Main or the Junior Exchange. We also consider it an imperative to provide greater value to our listed companies by identifying areas in which the overall cost of listing, inclusive of disclosure requirements, can be minimized while raising the standards of effective and efficient communication to investors.

While the year has been challenging, we at the JSE continue to have successes in maintaining focus on our priorities and fulfilling our mandate of fostering growth and development of the market through efficiency and transparency.

TRADING OPERATIONS IN 2009 In 2009, we implemented the Average Price as the method of determining the Close Price for daily trading. While this has improved market perception in respect to manipulation, we are now examining the Circuit Breaker Rule to see whether we can further improve the efficiency of the market operations in this regard.

There is always merit in introducing new blood to the market place through additional member-dealers. The Exchange considered the auctioning of at least one seat in 2009 but discontinued the process due to the market conditions. It remains an integral part of our strategic plan but this will be effected at the most opportune time.

JAMAICA STOCK EXCHANGE 13 YEAR BOOK 2009 GENERAL MANAGER'S REPORT - JSE (Cont’d)

JSE OPERATING PLATFORMS Our trading and settlement platforms remained robust in 2009. We experienced no significant downtime and have even improved on the previous year's performance. Despite this, we continue to examine the offerings within the market to ensure that the platforms on which we operate are on par with our most developed contemporaries and provide the most cost-effective return on investment. As we look towards offering new products and services to the market, we will be using the coming year to request proposals from other service providers in the industry in order to ensure that we have the best platforms for service delivery at the most competitive rate.

JSE CORPORATE ACTIVITIES AND NEW INITIATIVES

Ongoing Activities

Upgrades and Enhancement of trading platform for efficient market delivery

Upgrades of other supporting systems to ensure relevance and compliance

Website Enhancement including Stock Market Game geared at market education at the high school & tertiary level

Staff training

Continued Development of internal processes for CXN

DEPARTMENTAL HIGHLIGHTS

MARKETING ACTIVITIES In keeping with the organization's goals and objectives, our Marketing Department worked assiduously to organize and host several events and implemented a number of projects during the year to increase our customer base and to have greater interaction with our stakeholders. In achieving this objective the JSE was engaged in the following programmes:

(i) High School Education Programme This is geared towards educating high school students about the Stock Market. This programme continues to make strides with forty-two (42) High Schools visiting the Exchange, setting the stage for continuous education of the public.

(ii) National Investor Education Week The JSE held several events marking the week of September 28, 2009 to October 3, 2009. As in the previous year, we had good attendance.

(iii) Teacher's Outreach Programme: The Teacher's Outreach Programme, which was introduced in 2008, continues to be a successful venture. Six schools participated in the programme this year.

(iv) The JSE's Public Investor Outreach Programme: There were nine Public Investor Outreach programmes held across the island.

(v) JSE's Investments & Capital Market Conference: The year 2009 saw the Exchange celebrating its 40th year anniversary. The JSE continued its vision of bringing persons not only from across the Caribbean, but from Europe and North and South America, to exchange ideas and network in an effort to continue the development of the Capital Market. The JSE took the opportunity to honour the Rt. Hon. Edward Seaga, former Prime Minister of Jamaica, who is a founding member of the Jamaica Stock Exchange.

JAMAICA STOCK EXCHANGE 14 YEAR BOOK 2009 GENERAL MANAGER'S REPORT - JSE (Cont’d)

(vi) Evening of Musical Excellence: The JSE continued its 40th year Anniversary on July 13, 2009 by hosting an Evening of Musical Excellence at the Little Theater. This event was well supported and honoured many of the entertainers who contributed to Jamaica's musical industry over the years.

(vii) Workshops: The JSE hosted a series of workshops throughout the year. The objective of these workshops was to expose stakeholders in the market to international best practices in the capital market. A total of four (4) workshops were held and covered areas such as: Risk Management; Listing Companies on the Junior Market; Mentorship for Junior Market companies; and Preparing Documentation for Listing.

The efforts that we have put into market outreach programmes and workshops continue to reap tremendous benefits. This is evidenced by the fact that even though most companies had contracted on their expenditure, employers are not averse to their employees participating in our workshops. We have flagged this area for growth in the medium to long term.

(viii) Best Practices: The year culminated in December 2009 with the JSE's Annual Best Practices Awards. The Awards which was launched in 2004 are part of an effort to encourage Listed Companies and Stock Brokerages participants to adopt international industry standards and best practices. Companies are awarded for outstanding performances in several categories, ranging from Best Annual Report to Best Investor Relations. The Best Practices Awards Programme has become a calendar event and the criterion for each award is a benchmark for companies within the industry.

The JSE through its Marketing and Communication's Department is committed to the process of dialoguing and educating all the players in the market to allow all to operate at international standards.

INTERNAL AUDIT Towards the end the year we outsourced our internal audit functions to PriceWaterhouse Coopers, as we are of the view that this would further strengthen our internal controls and improve on our procedures. This has improved on our efficiencies.

INFORMATION TECHNOLOGY The JSE continues to implement and utilize information systems that support and enhance its strategic objectives.

(i) Infrastructure and Core Business Applications At the hub of the Exchange, we continue to utilize electronic trading, clearing and settlement platforms, which are robust, secure and efficient. Brokers and other external users access the systems via our Wide Area Network (WAN). As the JSE continues to expand its services, the infrastructure is continuously upgraded to take advantage of the emerging trends.

(ii) Website The JSE's Website is the 'public face' of the Exchange. In 2009 a significant enhancement was unveiled, as the site had been made more functional, user-friendly and accessible. The website continues to be a very valuable resource for information dissemination to our listed companies and for information gathering by investors, financial analysts, researchers, students, and other visitors to the site.

Some of the valuable resources available on the site include daily and historical stock market information; trade sheets; company news by subscription; charting capabilities; financial statements; information on listed companies and member firms; membership subscription; our stock market game; portfolio manager; online statement access; and archived trade sheets from 1969. Additionally, we have introduced subscription services, such as RSS feeds where persons can subscribe to receive the most current market information. The year 2010 will see the introduction of live video streaming of the JSE events.

JAMAICA STOCK EXCHANGE 15 YEAR BOOK 2009 GENERAL MANAGER'S REPORT - JSE (Cont’d)

(iii) Data Services Information dissemination is crucial in keeping investors abreast of the activities on the Stock Market. Consequently, the JSE ensures that accurate and quality information is made available to its clients through sources such as Bloomberg, which utilizes a Market Data Feed provided by the JSE. Other products of this data feed can be seen on cable stations and websites of clients who subscribe to this technology. In 2009, we expanded this service to include text messaging, which may become a key source of income in future years.

(iv) Application Development During the year, we completed development of a Market Surveillance System for the Regulatory and Market Oversight Division (RMOD) and the first part of a Registrar System for the JCSD Registrar. Undoubtedly, these systems will assist in enhancing the efficiency of both business units while allowing them to meet business objectives.

In 2009, we started development of an online Learning Management System, which will offer online training to persons in the financial market. The system dubbed The JSE e-Learning Campus will be launched in the second quarter of 2010 and will be an exciting addition to the JSE's many service offerings.

(v) Risk Management and Compliance The Company's principal business activities rely heavily on information technology and by nature are subject to various risks including systems downtime, which may result in operational risk or loss of revenue and confidence in the market.

Rigorous policies and Operational procedures are established and approved by the relevant management personnel and quarterly internal audits are conducted to ensure compliance with the established policies and international standards. There are also system redundancies, data protection measures, and security measures in place to ensure a more resilient system, which would have 100% availability during business hours.

JSE's IT Governance structure incorporates: 1. Administrative controls effected through the relevant committee (Audit and Finance) 2. Organizational controls effected through segregation of duties, requisite training and adherence to implemented polices. These controls are reviewed on a quarterly basis to ensure they provide effective governance and compliance is maintained.

Business Continuity As part of its Business Continuity strategy, the JSE continues to ensure that its hotsite remains current in order to provide redundancy for its core systems (Trading, Clearing and Settlement) and other supporting systems.

In addition to the system redundancies in place, the JSE's business recovery plan is continually updated to ensure that the business is able to recover from disasters and other disruptions in the shortest possible time. The plan outlines the response to be undertaken and indicates the minimum resources required to ensure the continuity of key business units in the event of disruptions.

(vi) Focus for 2010 In 2010, we will be implementing a new server infrastructure focused on enhancing system stability and ensuring that we set the stage for further information technology upgrades needed to meet the business objectives for the future.

We will also continue our thrust to implement solutions that are geared towards allowing the JSE and its subsidiaries to take advantage of market opportunities, which will increase revenue and improve customer service.

JAMAICA STOCK EXCHANGE 16 YEAR BOOK 2009 GENERAL MANAGER'S REPORT - JSE (Cont’d)

HUMAN RESOURCES 2009 Despite the financial challenges affecting the Exchange during the year, the JSE team-members demonstrated their resilience and commitment by continuing to make sterling contributions to the achievement of our strategic objectives.

While there were budgetary constraints, the JSE in its mandate to effectively equip staff to deliver excellent service, continues to contribute to staff development through training in areas such as Operational Risk Management, IFRS, Junior Market, Mentoring for Small and Medium Size Business and internal cross training. Our ancillary and support staff is now computer literate, as they successfully participated in in-house computer training. The JSE continues to support staff education achievement through education grants and education loan facilities. The year 2009 saw one staff member acquiring her Bachelors Degree and three staff members acquiring their Masters Degrees.

In continuing our quest to have a motivated workforce, the Employee Recognition Award was re-introduced in 2009. The objective of this award is to recognize consistently superior performance of JSE's employees and especially those who go beyond the call of duty for the smooth and effective operation of the Exchange. This award is intended to act as a vehicle to access and reward distinction and at the same time, encourage and motivate others to strive towards high standards at the workplace.

Good health of staff members is of great importance to the JSE. Consequently, the JSE collaborated with the Heart Foundation to conduct at the Exchange, critical tests for our employees.

The year 2009 was challenging, but we understand that staffs members need to unwind and through the innovation and creativity of the JSE's family, our car park was transformed on December 17, 2009 for a memorable occasion dubbed “Lyme in di Park”. This saw staff members and their families coming together and having fun.

CORPORATE SOCIAL RESPONSIBLITY The challenges we faced during the year did not deter us from making a difference in the lives of others through donations and corporate social activities. The year 2009 saw the Jamaica Stock Exchange celebrating its 40th Anniversary and one of the activities to mark this very special occasion was the “Musical Evening of Excellence” where icons in the musical/entertainment field were honoured for their sterling contributions to the development of Jamaica's music and culture. Proceeds from the JSE’s Musical Evening of excellence were donated to the Good Samaritan Inn.

We also maintained close association with our community by making donations towards St. Michael's Primary School Breakfast Feeding Programme and the KSAC's Roadways Reconstruction Programme. Monetary support was also given to Trevayne Campbell, a teenager who had lost a leg to cancer.

Our commitment to education and development of our youth is maintained through JSE's Scholarships for students of both the University of the West Indies and University of Technology. The JSE continue to provide work experience programmes for student from UWI, UTECH, EXED and other institutions of learning. We are also committed to United Way and other charitable organizations.

FORECAST - 2010 We are continuing to build on the gains achieved in 2009. Major decisions taken by the Government in early 2010 such as the Jamaica Debt Exchange Programme (JDX) will provide a stimulus for the market. It is expected that the Junior Market will prove an engine for the listing of small, and medium sized companies. There has been tremendous interest from many potential listed companies. In addition, building market awareness and the advantages that exist even in the face of an economic downturn for both investors and current and potential listed companies will be the thrust of the Group's activities for 2010. We will seek new ways of providing better service to the market at a lower cost. We will improve on our response time to our stakeholders.

(Continued)

JAMAICA STOCK EXCHANGE 17 YEAR BOOK 2009 GENERAL MANAGER'S REPORT - JSE (Cont’d)

The Group pursues several other business initiatives, which include:

An Exchange Traded Fund (ETF) market

New Exchange Indices

Market Data Messaging Services

Listing of Foreign/International Companies

The Caribbean Exchange Network

We wish to thank all our listed companies, investors and others, whose tremendous support and feedback has enabled us to continue our growth path.

Our many successful market education programmes such as the Market Analyst Competition and Best Practice Awards would not be possible without the dedicated Committee members who volunteer of their expertise and themselves to the oftentimes challenging and time consuming tasks necessary for ensuring high standards of execution.

We know that employee retention and job satisfaction are essential to our continued future success in product and service delivery. I wish personally to commend the time, efforts and enthusiasm displayed by our staff members in the execution of their duties throughout the year, as they often went above and beyond the call of duty.

………………………………...... ………. Marlene J. Street Forrest General Manager, JSE

JAMAICA STOCK EXCHANGE 18 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

Jamaica Stock Exchange Regulatory Functions

The Jamaican economy experienced severe trauma in 2009 and this was a contagion of the Global Meltdown from the preceding year that had its origins in the financial crisis that was atypical to any since the Great Depression of the 1930s. Clearly, the local Equities Market also faced the onslaught of the economic challenges with significant declines in all Indices, a depreciated Total Market Capitalization and weakened financial performance for the Exchange. Notwithstanding the daunting period, the Jamaica Stock Exchange's (JSE) institutional framework stood tall and resilient in the midst of the challenges, which was partly due to the regulatory activities that were undertaken by the Regulatory and Market Oversight Division (RMOD).

2009 Regulatory Activities During the year, the RMOD addressed one hundred and twenty three (123) regulatory matters, which were thirty seven (37) above 2008. The activities were a composite of market surveillance and compliance issues for Listed Companies, member-dealers and other market stakeholders. The RMOD attributes the growth in issues to its redefined and intensified focus in discharging its market oversight functions. It should be noted that of the total number of cases, 95% were closed and 5% were carried forward into 2010. Carry-over cases in 2009 were 6% of the previous year's total cases. A summary of the RMOD's oversight activities in 2009 is presented in the diagram below.

Nature of Infraction 1 Nature of Infraction

Mr. Wentworth Graham Chief Regulatory Officer (Continue on next page)

JAMAICA STOCK EXCHANGE 19 YEAR BOOK 2009 Jamaica Stock Exchange Regulatory Functions (Cont’d)

Other Divisional undertakings that advanced the Exchanges regulatory functions were: 1. Developing new rules such as: Management Discussion & Analysis, Complaint Management System Guidelines, the Regulatory and Market Oversight Committee and Disciplinary Proceedings. 2. Creating a Logo and Tagline for the Division, developing the RMOD's Newsletter and implementing an Automated Market Surveillance System for the Exchange; 3. Undertaking member-dealers' standard and special inspections; and streamlining their reporting requirements to fully satisfy market requirements.

Supports and Looking Ahead The JSE's regulatory advancements would not have been possible without guidance and support from the Regulatory and Market Oversight Committee (RMOC), which is comprised of the Independent Directors of the Exchange's Board of Directors. A special note must be made for the first RMOC Chairman, Hilary Philips QC, who relinquished her post in June 2009 having been appointed an Appellate Judge of Jamaica's Appeal Court. Justice Philips worked tirelessly and with devotion to establish the framework of the RMOC and RMOD and the baton has been passed to Chairman Livingstone Morrison, who is keen on reinforcing the institutional framework of the JSE's regulatory operations. Ms. Nicole Lambert replaced Justice Philips as the Bar Association of Jamaica's representative and in this capacity; she will serve as an Independent Director and sit on the RMOC. The Exchange's regulatory affairs were also advanced due to support from entities such as the Companies Office of Jamaica, the Institute of Chartered Accountants of Jamaica and most importantly the team of officers within the RMOD, as well as the wider Exchange.

In 2010, the RMOD's areas of focus will centre on advancing its institutional structure by strengthening its operational capacity and creating stronger association with support entities both locally and overseas. Additionally, there will be a concerted drive to advance public awareness of the RMOC/RMOD's affairs. In closing, it is safe to say that the coming year will have new challenges and by all account, the JSE's regulatory activities will have to continue standing tall. In this regard, the RMOD will be guided by the maxim: “Act, Learn and Refine” as it stays focused in fulfilling its general purpose of market regulation and oversight for the Exchange's affairs.

JAMAICA STOCK EXCHANGE 20 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” A REVIEW OF STOCK MARKET ACTIVITY IN 2009

Economic Overview

The year 2009 brought about many interesting stories as economies struggled to recuperate, investors sought good returns within a hostile environment and governments shuffled to put in place the best monetary policies to strengthen currency and stabilize their countries’ economies. There were many highlights for the Jamaican economy during 2009; the government entered into discussion with the International Monetary Fund to lend us US$1.25 billion; the reform of the country’s budget and three tax packages for the calendar year in an effort to minimize government spending and increase revenues to cover government expenditure; global bond ratings being slashed by Standard & Poor and Moody's Credit Rating agencies; the unemployment rate skyrocketed when companies moved to restructure their organizational charts to operate more efficiently. During the third quarter ended September 2009, the central bank continued to decrease interest rates on open market instruments in an effort to continue on the path in achieving a stabilized exchange rate, a strong net international reserve account and positive trends in inflation rate. Streamlining towards the year end, the exchange rate was relatively stable as there was a fair increase of $9.1346 or 11.35 percent to close the year at $89.6059; net international reserves slightly declined by US$36.59 million, closing with US$1,736.35 million when compared to 2008 and the inflation rate for the calendar year closed with 10.2 percent, a decrease of 6.6 percent when compared to the 16.8 percent recorded in 2008.

Indices The trading year started out with values of the JSE Main Index, All Jamaican Composite Index and the JSE Select Index being 80,152.02 points, 73,994.96 points and 1,984.74 points, respectively. However, the JSE Main Index advanced by 3,169.94 points or 3.95% to close at 83,321.96 points whilst the JSE Select Index and the All Jamaican Composite Index declined. The JSE Select Index fell by 88.69 points or 4.47% to close at 1,896.05 points and the All Jamaican Composite Index declined by 2,999.16 points or 4.05%, closing at 70,995.77 points. The JSE Cross Listed Index and JSE Junior Market Index were introduced on February 2, 2009 and March 2, 2009, respectively. The latter, however, did not become active until October 30, 2009 with the listing of the first company on that date. The Cross Listed Index declined by 37.08 points or 3.71%, closing at 962.92 points whilst the Junior Market Index advanced by 50.01 points or 50.01% to close at 150.01 points.

The period under review reflects that the three main indices recorded their highest value in January 2009; such values of JSE Index, All Jamaican Composite Index and the JSE Select Index were 87,501.69 points, 76,296.00 points and 2,084.99 points, respectively. It was however noted that the lowest values of the JSE Index and All Jamaican Composite Index were recorded in April 2009 with values 78,482.98 points and 60,952.64 points, respectively, whilst the JSE Select Index recorded its lowest value in March 2009 with 1,630.03 points. The Cross Listed Index maintained its highest value of 1,000 points during February 2 and March 6, 2009 and recorded its lowest value of 887.63 points in November 2009. The Junior Market Index' lowest value is the same as its opening value due to continuous increases since it commenced at 100 points, whilst its highest value closed the year with 150.01 points. The JSE Index registered its highest one day loss by 2,596.47 points, with a percentage of 3.09% on November 18, 2009. The JSE Index achieved its highest one day appreciation of 3.64%, increasing by 2,949 points on November 23, 2009. In reference to the monthly changes, the JSE Index suffered its greatest loss in March with a decline of 4,068.80 points or 4.90% and in January the index had appreciated by 7,054.87 points or 8.80%. The All Jamaican Composite Index recorded its highest one day percentage increase of 3.77% or 2,484.49 points on November 9, 2009. The index' largest one day percentage declined by 6.14% on February 11, 2009, with a difference of 4,469.82 points. On a monthly basis the index achieved its highest increase in May, by 6,110.14 points or 9.75%. The All Jamaican Composite Index however suffered its highest monthly decline of 7,626.83 points or 10.07% as at the end of February. The JSE Select Index recorded its highest one day percentage loss by 7.43% on February 11, 2009, a difference of 145.13 points when compared to the previous trade day. The Index however attained its highest one day percentage increase of 4.59%, on November 9, 2009, reflecting an increase of 83.06 points. The JSE Select index gained 179.18 points or 10.54% at the end of May, indicating the highest monthly appreciation, whilst at the end of March the Index suffered its greatest monthly decline of 227.03 points or 12.19%.

JAMAICA STOCK EXCHANGE 21 YEAR BOOK 2009 A REVIEW OF STOCK MARKET ACTIVITY IN 2009 (Cont’d)

The newly introduced Cross Listed Index recorded its highest one day loss of 90.79 points or 9.28% on November 18, 2009 and highest one day appreciation of 74.97 points or 8.45% within the same month, which was on November 23, 2009. Since its inception the Cross Listed Index experienced its highest monthly decline of 18.02 points or 1.83% in June 2009 and recorded its highest one month appreciation in August with 12.85 points or 1.35%. The Junior Market Index two-month’s activity indicates that December 2009 was the higher monthly increment of 24.60 points or 19.61% when compared to the previous month, November 2009.

Trading Activity During the year under review, trading volume, value and transactions all declined significantly due to the downturn in the economy over the past years, as well as increases in interest rates on government papers. The total trading volume for ordinary transactions declined by 14,283 or 47.11% when compared to the 2008 corresponding period, which recorded a total of only 16,029 transactions. During the 253 days trading period 1.66 billion ordinary units valued at $11.51 billion traded, represented a decline by 0.63 billion units or 27.60% in volume and $12.87 billion or 52.77% in value when compared to the previous year ended December 2008. As at December 31, 2009, the total volume traded in the block market amounted to 102.74 million units arising from 70 block transactions valued at $12.19 billion. The average daily volume and value for the period under review was 6.57 million and $45.51 million, respectively, indicating reductions in the average daily volume and value of 2.61 million or 28.43% and $52.00 million or 53.33% when compared to the corresponding period in 2008.

On March 2, 2009 the closing price method was changed from last sale price method to a weighted average price method in an effort to reduce the manipulation of stock prices in the market. The Weighted Average Price (WAP) is a measure of the price at which all the day's trading in a given security took place. WAP is calculated by taking the weighted average of the prices of each trade.

The advanced/ decline ratio, a method used to determine the movement in prices of listed companies, depicts bearish performances during the one year trading period as 18 companies appreciated in prices and 19 decreased. When compared to the 2008 corresponding period, 10 more companies had appreciation in prices whilst 11 had depreciation as at the end of December 2009. Of the eighteen stocks that experienced price appreciation, only one company experienced appreciation of 100%, whilst two companies experienced increases of over 50%. These companies were Ciboney Limited, which advanced by 100%, Jamaica Broilers Group Limited which advanced by 55.00% and Pan Caribbean Financial Services by 50.83%. The other advancers and top decliners for the year ended December 31, 2009 are stated in table 1. Volume leaders for the year were: Supreme Ventures Limited with over 651 million units traded, valued at $1.47 billion, National Commercial Bank Jamaica Limited traded over 230 million shares valued at $3.25 billion and Pan Caribbean Financial Services Limited with over 186 million units traded with a value of $2.63 billion. All three stocks represent the top leaders in reference to the companies with the highest traded value.

JSE Monthend Index Values for the one year period ended December 31, 2008 & 2009 Points

JAMAICA STOCK EXCHANGE 22 YEAR BOOK 2009 A REVIEW OF STOCK MARKET ACTIVITY IN 2009 (Cont’d)

Top 10 Winners & Losers for the year ended December 31, 2009

The table below shows the top ten winners and losers change in percentage by price movement for the year ended December 31, 2009. Winners Losers

Ciboney Group 100.00% Hardware & Lumber (65.00%)

Jamaica Broilers Group 55.00% Jamaica Money Market Brokers (45.58%)

Pan Caribbean Financial Services 50.83% Berger Paints (Jamaica) (40.00%)

Pan Jamaican Investment Trust 44.00% First Caribbean Intl Bank Jamaica (39.52%) Sagicor Life Jamaica 25.36% Kingston Wharves (35.83%) Montego Freeport 22.58% Lascelles, deMercado & Co (34.73%) Salada Foods Jamaica 19.23% Radio Jamaica (33.00%) First Caribbean International Bank 17.94% Gleaner Company (32.95%) Pegasus Hotel 17.59% Cable & Wireless (Jamaica) (24.00%) Jamaica Producers Group 12.57% Mobay Ice Company (21.65%)

Market Developments for the year ended December 31, 2009

Cross Listed Group The Cross Listed Index which was introduced on February 2, 2009, tracks the performance of the four cross listed companies listed on the JSE, those stocks that originated from either the Barbados Stock Exchange & Trinidad Stock Exchange. These companies include FirstCaribbean International Bank, Guardian Holdings Limited, Sagicor Financial Corporation and Trinidad Cement Limited. Sagicor Financial Corporation was later delisted and is no longer included in the calculation of the cross listed index.

JSE Junior Market The Junior Market was launched on April 2, 2009 but there were no companies listed at the time of the launch. Access Financial Services Limited was the first Junior Market listing on October 30, 2009. The JSE continues to work with those small and medium sized businesses that wish to be listed. The JSE has collaborated up with Jamaica Trade & Invest Limited to assist these companies in an effort to shape their organizational, financial and transparency framework to satisfy the listing requirements.

Main Market Listing Barita Investments Limited has applied for listing on the regular market with a combined share offer of 100,000,000 Series A Redeemable Cumulative Variable Rate Preference Shares, 100,000,000 Series B Convertible Cumulative Variable Rate Preference Shares and 200,000,000 Ordinary Shares. The IPO was opened on December 7 and closed on December 15. The public participated by taking up 99.99% of the Series A Redeemable Cumulative Variable Rate Preference Shares, 4.54% of the Series B Convertible Cumulative Variable Rate Preference Shares and 19.63% of the Ordinary Shares. The Offers raised a total of $407,241,200. Listing will take place at the beginning of the next year.

Delisting Goodyear Jamaica Limited was delisted on July 20, 2009 after being suspended on December 22, 2008 due to the company participating in a winding up process. Sagicor Financial Corporation delisted on September 16, 2009 due to low trading activity in the Company's shares.

JAMAICA STOCK EXCHANGE 23 YEAR BOOK 2009 JAMAICA STOCKEXCHANGE A REVIEWOFSTOCKMARKETACTIVITYIN2009 Yearend Stockmarket Index (1969 - 2009)

120,050

110,050

100,050

90,050

80,050

Points 70,050 24 60,050

50,050

40,050

30,050

YEARBOOK 2009 20,050

10,050

50

9

ec-6 ec-70

c-75 (Cont’d) D D Dec-71 Dec-72 Dec-73 ec-77 Dec-74 De c-82 Dec-76 D 89 Dec-78 Dec-79 Dec-80 Dec-81 De Dec-83 Dec-84 Dec-85 c-92 -95 Dec-86 Dec-87 Dec-88 Dec- ec-93 Dec-90 Dec-91 De ec-96 -02 D Dec-94 Dec D Dec-97 Dec-98 Dec-99 ec-03 Dec-00 Dec-01 c-08 Dec D Dec-04 Dec-05 Dec-06 Dec-07 De Year End Dec-09 MARKET ACTIVITY - A Five Year History

TRADING VALUE (JA$000's) 2009 2008 2007 2006 2005 BANK OF NOVA SCOTIA + 834,614 1,734,928 3,641,821 BERGER PAINTS JAMAICA 3,553 20,747 40,538 96,326 56,289 CABLE & WIRELESS (JA) # 72,193 369,839 388,569 292,093 496,310 CAPITAL & CREDIT FINANCIAL GROUP 28,951 49,821 CAPITAL & CREDIT MERCHANT BANK + 47,191 254,589 260,819 714,924 CARIBBEAN CEMENT COMPANY 36,963 204,709 331,269 305,288 468,241 CARRERAS LIMITED 379,426 926,795 1,034,053 328,531 638,777 CIBONEY GROUP 451 461 526 2,089 3,770 CMP INDUSTRIES + 13 2,268 437 203 COURTS (JAMAICA) + 473,293 9,169,807 356,518 DESNOES & GEDDES 71,619 666,077 498,532 441,462 1,095,418 DYOLL GROUP LIMITED + 576 5,267 104,013 FIRST CARIBBEAN INTERNATIONAL@ 55,286 659,239 270,490 50,657 60,072 FIRST CARIBBEAN INTERNATIONAL JAMAICA^ 2,745 6,873 15,311 17,423 23,463 FIRST JAMAICA INVESTMENTS 64,381 479,497 584,794 361,122 882,726 GLEANER COMPANY 62,331 274,705 458,606 182,258 391,007 GOODYEAR (JAMAICA) LIMITED + 12,658 6,167 13,201 34,643 GRACEKENNEDY LIMITED 500,484 2,217,789 1,711,549 1,274,816 1,652,120 GUARDIAN HOLDINGS LTD 3,668 397,159 271,416 211,450 72,975 HARDWARE & LUMBER 2,963 57,395 25,789 39,973 109,509 ISLAND LIFE INSURANCE+ - - - JAMAICA BROILERS GROUP 304,661 1,184,979 577,502 973,594 853,508 JAMAICA MONEY MARKET BROKERS 38,608 254,503 185,431 500,648 491,365 JAMAICA PRODUCERS GROUP 287,132 424,437 398,297 374,812 403,020 KINGSTON PROPERTIES LIMITED 22,075 1,011 KINGSTON WHARVES LIMITED 4,812 26,813 67,929 91,997 656,554 LASCELLES de MERCADO 182,114 2,127,795 9,290,409 1,865,515 3,487,036 MAYBERRY INVESTMENTS 43,092 421,687 1,568,576 250,773 1,786,325 MONTEGO BAY ICE COMPANY 264 2,529 109 65 137 MONTEGO FREEPORT 4,469 16,565 14,386 8,288 18,875 NCB GROUP+ - - - NATIONAL COMMERCIAL BANK LTD 3,249,097 4,776,730 2,504,391 3,001,331 2,128,990 PALACE AMUSEMENT 252 2,751 170 146 533 PAN CARIBBEAN FINANCIAL SERVICES LIMITED 2,626,323 303,850 270,736 3,079,976 14,771,841 PAN JAMAICAN INVESTMENT TRUST 180,159 1,034,071 3,035,601 519,306 1,307,061 PEGASUS HOTELS 4,034 25,627 18,420 16,380 7,703 PULSE INVESTMENTS LIMITED 11,036 186,677 7,114 25 RADIO JAMAICA 24,496 137,564 107,559 125,177 147,291 RBTT FINANCIAL HOLDINGS + 287,531 215,553 358,546 530,331 SAGICOR FINANCIAL CORPORATION + 130 612,434 SAGICOR LIFE JAMAICA 157,868 747,313 589,328 964,197 1,883,459 SALADA FOODS 73,950 103,461 122,762 6,331 4,239 SCOTIA DBG INVESTMENTS 187,267 679,332 404,914 5,622,802 1,225,568 SCOTIA GROUP JAMAICA 858,137 2,321,558 1,406,125 SEPROD LIMITED 395,049 367,860 346,937 800,755 201,123 SUPREME VENTURES LTD 1,466,618 1,270,834 589,291 3,541,251 TRINIDAD CEMENT LTD 16,595 358,104 69,407 136,194 38,076 UNION BANK+ - - - WEST INDIES PULP & PAPER+ - - - TOTAL ORDINARY VALUE 11,423,252 24,066,984 28,993,896 37,026,056 40,745,834

JAMAICA STOCK EXCHANGE 25 YEAR BOOK 2009 MARKET ACTIVITY - A Five Year History

(Cont’d.) TRADING VALUE (JA$000's) * 2009 2008 2007 2006 2005 BANK OF NOVA SCOTIA JAMAICA VAR. PREFERENCE 1,138 1,699 12,712 CABLE & WIRELESS (JA) 5.5% # - - 6 CABLE & WIRELESS (JA) 6% # 0 4 5 8 10 CAPITAL & CREDIT MERCHANT BANK VAR PRE 602 884 JAMAICA LIVESTOCK ASSN. 7.5% 1,345 4,852 738 1,220 774 JAMAICA MONEY MARKET BROKERS 12% 6,102 5,119 JAMAICA MONEY MARKET BROKERS 12.25% 58,429 150,887 JAMAICA MONEY MARKET BROKERS 12.15% 76 444 JAMAICA PUBLIC SERVICE 5% C 3 - - 2 JAMAICA PUBLIC SERVICE 5% D 0 9 - 22 26 JAMAICA PUBLIC SERVICE 6% 4 - 17 18 JAMAICA PUBLIC SERVICE 7% 4 - - 11 JAMAICA STOCK EXCHANGE VAR PREF 3,995 569 LASCELLES de MERCADO 6% 36 - - - MAYBERRY INVESTMENTS 12% 5,652 79,119 13,694 NCB CAPITAL MARKETS 11.75% 6,345 48,986 26,378 13,663 PAN CARIBBEAN FIN SERV 12.5% 7,442 19,852 UNION BANK 20% + - - - UNION BANK 25% + - - - TOTAL PREFERENCE+BOND VALUE 91,126 312,471 53,527 14,930 847

TOTAL VALUE 11,514,378 24,379,455 29,047,423 37,040,986 40,746,681 Annual % Change -52.77% -16.07% -21.58% -9.09% 13.20%

* Market Value includes Block Transactions # Formerly Telecommunications of Jamaica (TOJ) + Delisted @Formerly CIBC WI Holdings ^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009 Sagicor Financial Corporation was delisted on September 16, 2009 Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009 Dehring Bunting & Golding name changed to Scoita DBG Investments Limited in 2008 Life of Jamaica Limited name changed to Sagicor Life Jamaica Limited in 2008

Top Ten Market Capitalization as at Dec. 31, 2009

CAR, 3% GK, 2% PCFS, 2% TCL, 3% LAS, 4%

SLJ, 5% FCIB, 33%

NCBJ 7%

GHL, 11%

SGJ, 11%,

JAMAICA STOCK EXCHANGE 26 YEAR BOOK 2009 MARKET ACTIVITY - A Five Year History

TRADING VOLUME (000's) 2009 2008 2007 2006 2005 BANK OF NOVA SCOTIA + 33,207 82,715 132,618 BERGER PAINTS JAMAICA 2,310 7,323 12,677 31,019 11,757 CABLE & WIRELESS (JA) # 170,995 503,462 459,390 303,175 323,534 CAPITAL & CREDIT FINANCIAL GROUP 8,821 8,220 CAPITAL & CREDIT MERCHANT BANK + 4,764 24,930 16,966 25,383 CARIBBEAN CEMENT COMPANY 9,384 22,459 35,686 47,327 34,488 CARRERAS LIMITED 9,423 13,291 17,583 8,410 18,875 CIBONEY GROUP 8,745 15,211 18,834 32,631 40,129 CMP INDUSTRIES + 3 623 209 86 COURTS (JAMAICA) + 118,209 2,293,934 85,501 DESNOES & GEDDES 19,032 97,069 65,251 53,563 129,190 DYOLL GROUP + 709 6,245 7,236 FIRST CARIBBEAN INTERNATIONAL@ 465 4,767 2,109 420 490 FIRST CARIBBEAN INTERNATIONAL JAMAICA^ 197 297 693 885 1,269 FIRST JAMAICA INVESTMENTS 2,706 13,149 17,047 10,695 18,299 GLEANER COMPANY 50,134 86,755 185,683 90,798 127,980 GOODYEAR (JAMAICA) + 2,832 853 1,157 3,083 GRACEKENNEDY LIMITED 11,346 28,210 27,457 19,895 14,782 GUARDIAN HOLDINGS LTD 13 1,383 1,005 930 181 HARDWARE & LUMBER 454 3,756 1,727 2,573 4,090 ISLAND LIFE INSURANCE + - - - JAMAICA BROILERS GROUP 76,569 226,205 128,269 307,048 162,491 JAMAICA MONEY MARKET BROKERS 7,153 22,029 17,610 35,712 30,559 JAMAICA PRODUCERS GROUP 14,206 14,219 13,212 10,439 11,107 KINGSTON PROPERTIES LIMITED 3,377 197 KINGSTON WHARVES LIMITED 1,837 3,904 8,842 15,237 127,470 LASCELLES deMERCADO & CO 617 4,317 25,318 8,300 12,910 MAYBERRY INVESTMENTS 22,800 102,425 562,380 103,566 312,871 MONTEGO BAY ICE COMPANY 17 132 10 6 12 MONTEGO FREEPORT 2,448 7,010 6,932 4,656 7,715 NCB GROUP + - - - NATIONAL COMMERCIAL BANK JA. LTD 230,630 224,884 112,226 180,386 108,069 PALACE AMUSEMENT 4 73 5 5 10 PAN CARIBBEAN FINANCIAL SERVICES 186,932 15,379 13,314 189,133 467,333 PAN JAMAICAN INVESTMENT TRUST 5,537 20,708 68,478 12,119 20,394 PEGASUS HOTELS 258 1,739 1,595 1,275 730 PULSE INVESTMENTS LTD. 2,028 35,859 3,204 11 RADIO JAMAICA 10,913 39,728 29,464 24,059 23,662 RBTT FINANCIAL HOLDINGS + 712 560 1,006 1,318 SAGICOR FINANCIAL CORPORATION + 1 2,758 SAGICOR LIFE JAMAICA 27,279 96,823 76,100 126,293 166,604 SALADA FOODS 4,938 2,285 3,602 250 205 SCOTIA DBG INVESTMENTS 11,976 28,284 16,762 229,411 51,145 SCOTIA GROUP JAMAICA 49,955 101,023 64,616 SEPROD LIMITED 24,963 23,097 22,790 51,470 13,440 SUPREME VENTURES LTD 651,315 403,007 211,603 1,328,544 TRINIDAD CEMENT LTD 300 3,651 858 2,018 392 UNION BANK @ + - - - WEST INDIES PULP & PAPER + - - - WORKERS BANK + - - - TOTAL ORDINARY VOLUME 1,630,078 2,193,399 2,411,423 5,634,491 2,497,408

JAMAICA STOCK EXCHANGE 27 YEAR BOOK 2009 MARKET ACTIVITY - A Five Year History

(Cont’d.) TRADING VOLUME (000's) 2009 2008 2007 2006 2005 BANK OF NOVA SCOTIA JAMAICA VAR. PREF. 834 1,221 8,760 CABLE & WIRELESS (JA) 5.5% # - 11 CABLE & WIRELESS (JA) 6% # 0 9 10 15 20 CAPITAL & CREDIT MERCHANT BANK 341 JAMAICA MONEY MARKET BROKERS 12% 2,723 1,955 JAMAICA MONEY MARKET BROKERS 12.25% 21,346 52,412 JAMAICA MONEY MARKET BROKERS 12.15% 24 141 JAMAICA LIVESTOCK ASSN. 7.5% 575 2,020 289 517 436 JAMAICA PUBLIC SERVICE 5% C 7 - 6 JAMAICA PUBLIC SERVICE 5% D 0 25 - 64 74 JAMAICA PUBLIC SERVICE 6% 10 1 42 45 JAMAICA PUBLIC SERVICE 7% 10 - 1 28 JAMAICA STOCK EXCHANGE VAR PREF 1,836 268 LASCELLES deMERCADO 6% 1 - MAYBERRY INVESTMENTS 12% 2,011 26,356 4,439 NCB CAPITAL MARKETS 2,351 17,130 8,564 4,281 PAN CARIBBEAN FIN SERV 12.5% 39 99 UNION BANK 20% @ + - UNION BANK 25% @ + -

TOTAL PREFERENCE+BOND VOLUME 32,081 101,664 22,063 4,920 620

TOTAL VOLUME 1,662,158 2,295,063 2,433,486 5,639,411 2,498,028 Annual % Change -27.58% -5.69% -56.85% 125.75% -51.91%

+ Delisted # Formerly Telecommunications of Jamaica (TOJ) @Formerly CIBC WI Holdings ^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009 Sagicor Financial Corporation was delisted on September 16, 2009 Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009 Dehring Bunting & Golding name changed to Scoita DBG Investments Limited in 2008 Life of Jamaica Limited name changed to Sagicor Life Jamaica Limited in 2008

JAMAICA STOCK EXCHANGE 28 YEAR BOOK 2009 17 Ripon Road, Kingston 5 Tel: (876) 960-6389-94 Tel: Fax: (876) 960-6816 Email: [email protected] 17 Ripon Road, Kingston 5 Tel: (876) 960-6389-94 Tel: Fax: (876) 960-6816 Email: [email protected] IFC

JAMAICA STOCK EXCHANGE 29 YEAR BOOK 2009 MONTH-END STOCK PRICE 2009 Ordinary Shares January February March April May BERGER PAINTS LTD 2.02 1.90 1.80 1.78 1.78 CABLE & WIRELESS (JA.) LTD. 0.50 0.40 0.45 0.43 0.48 CAPITAL & CREDIT FINANCIAL GROUP 4.00 3.40 3.95 4.00 3.75 CARIBBEAN CEMENT COMPANY 4.50 4.00 3.60 4.08 4.50 CARRERAS GROUP 52.00 43.00 37.76 39.00 40.43 CIBONEY GROUP LTD 0.03 0.05 0.05 0.05 0.07 DESNOES & GEDDES 4.15 3.85 3.90 3.90 4.00 FIRST CARIBBEAN INTERNATIONAL BANK 122.00 122.00 120.00 119.97 118.99 FIRST CARIBBEAN INTER. BANK JAMAICA 21.00 20.00 20.00 20.00 20.00 FIRST JAMAICA INVESTMENTS 22.07 23.20 19.04 19.00 23.50 GLEANER COMPANY 1.70 1.65 1.53 1.55 1.53 GOODYEAR JAMAICA 3.26 3.26 3.26 3.26 3.26 GRACEKENNEDY LTD. 44.00 43.00 39.90 43.01 49.52 GUARDIAN HOLDINGS LTD. 320.00 320.00 320.00 320.00 320.00 HARDWARE & LUMBER 9.01 9.00 5.10 5.10 5.00 JA. BROILERS' GROUP 3.62 3.26 3.50 3.19 3.42 JAMAICA MONEY MARKET BROKERS 5.00 5.00 6.00 6.00 5.00 JA. PRODUCERS GROUP 15.05 16.00 16.07 15.00 15.05 KINGSTON PROPERTIES LTD 4.65 4.50 4.50 4.50 4.50 KINGSTON WHARVES 4.75 3.90 3.05 2.60 2.85 LASCELLES DEMERCADO 449.99 400.00 300.01 300.00 310.00 MAYBERRY INVESTMENTS 2.10 2.00 1.95 1.90 1.95 MONTEGO BAY FREEPORT 1.65 1.55 1.55 1.55 1.80 MONTEGO BAY ICE 16.00 16.00 16.00 16.00 16.00 NATIONAL COMMERCIAL BANK JA 17.00 15.49 12.22 12.39 14.37 PALACE AMUSEMENT 61.00 60.00 60.00 60.00 60.00 PAN CARIBBEAN FINANCIAL SERVICES 15.00 12.50 12.34 13.00 15.17 PAN JAMAICAN INVESTMENT TRUST 35.00 28.50 24.75 26.00 36.00 PEGASUS HOTELS 17.50 15.00 15.00 13.50 12.51 PULSE INVESTMENTS 5.50 5.45 5.45 5.00 5.44 RADIO JAMAICA 2.50 2.15 3.00 2.00 1.78 SAGICOR FINANCIAL CORPORATION 260.00 260.00 260.00 260.00 260.00 SAGICOR LIFE JAMAICA 5.70 5.00 4.20 4.18 5.02 SALADA FOODS JA. 8.80 11.50 10.28 10.65 11.00 SCOTIA DBG INVESTMENTS 15.00 16.20 13.00 13.00 17.00 SCOTIA GROUP JAMAICA 16.50 15 14.15 16.00 17.99 SEPROD LIMITED 16.20 13.50 14.75 13.80 15.01 SUPREME VENTURES LTD. 2.90 2.01 2.50 2.12 2.00 TRINIDAD CEMENT LIMITED 80.00 80.00 80.00 80.00 80.00

JAMAICA STOCK EXCHANGE 30 YEAR BOOK 2009 MONTH-END STOCK PRICE 2009

(Cont’d.)

June July August September October November December 1.60 1.60 1.60 1.50 1.30 1.15 1.20 0.44 0.40 0.38 0.36 0.37 0.37 0.38 4.36 4.04 4.06 2.92 2.50 3.09 4.41 4.60 3.61 3.40 3.99 3.70 3.65 4.00 41.01 40.78 41.30 44.45 43.54 38.99 35.02 0.04 0.04 0.04 0.04 0.04 0.06 0.10 4.00 3.90 4.10 3.61 3.81 3.51 3.42 118.99 116.00 118.89 118.88 118.00 117.95 117.94 15.00 13.39 13.00 12.75 12.75 12.90 12.70 25.50 24.00 23.24 26.00 26.50 28.01 27.97 1.35 1.36 1.41 1.45 1.22 1.16 1.16 3.26 48.03 45.50 46.51 42.46 39.00 40.02 40.50 320.00 320.00 320.00 320.00 320.00 299.50 299.50 5.50 6.00 4.90 4.91 4.91 4.21 3.50 3.41 3.86 3.95 4.24 4.34 4.42 4.96 4.51 4.19 4.00 4.10 4.01 4.00 4.00 15.00 14.11 15.01 14.01 13.50 18.82 25.89 4.50 4.50 4.50 4.50 4.50 6.70 5.00 2.80 2.70 2.31 2.30 1.90 2.03 3.08 310.00 300.00 280.00 280.00 250.00 251.00 250.00 1.90 1.84 1.81 1.72 1.62 1.73 1.99 2.28 2.01 2.11 1.91 1.98 1.80 1.90 16.00 16.00 16.00 16.00 16.00 16.00 15.67 13.00 13.04 13.08 13.00 13.10 13.09 16.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 15.49 14.51 13.10 13.19 14.30 21.37 18.10 35.49 33.23 33.96 33.00 32.49 38.50 36.00 12.54 12.54 12.54 12.51 12.51 20.00 19.99 5.44 5.48 5.48 5.48 5.45 5.45 5.44 1.73 1.60 2.05 2.50 2.25 1.95 2.01 260.00 260.00 260.00 4.78 5.04 4.97 5.20 6.40 7.00 7.02 8.90 8.50 9.50 7.51 10.00 14.97 15.50 16.06 15.72 16.40 16.12 17.50 23.76 16.62 17.22 16.80 17.02 17.48 17.87 20.96 19.57 15.10 14.20 16.00 15.50 15.50 19.00 18.00 2.08 2.00 2.15 2.10 2.01 2.00 2.01 55.25 55.25 55.25 57.00 72.00 72.00 72.00

JAMAICA STOCK EXCHANGE 31 YEAR BOOK 2009 MONTH-END STOCK PRICE 2009

(Cont’d.) Preference Shares January February March April May Bank of Nova Scotia 1.15 1.50 1.32 1.49 1.55 CWJA 5.50 % 0.50 0.50 0.50 0.50 0.50 CWJA 6 % 0.50 0.50 0.50 0.50 0.50 CCMBVP 1.80 0.98 2.00 2.03 2.04 Jamaica Livestock Association 7.5% 2.55 2.55 2.55 2.55 2.29 JMMB Limited 12% 2.16 2.16 2.16 2.16 2.16 JMMB Limited 12.15% 3.15 3.15 3.15 3.15 3.15 JMMB Limited 12.25% 2.35 2.25 2.40 2.47 2.50 J.P.S 5% C 0.36 0.36 0.36 0.36 0.36 J.P.S 5% D 0.35 0.35 0.35 0.35 0.35 J.P.S 6% 0.40 0.40 0.40 0.40 0.40 J.P.S 7% 0.39 0.39 0.39 0.39 0.39 JSEVP 2.10 2.10 2.18 2.30 2.30 Las deM 15% 20.00 20.00 20.00 20.00 20.00 Las deM 6% 25.01 25.01 25.01 25.01 25.01 Mayberry Investments Ltd. 12% 2.90 2.08 2.22 2.25 3.05 NCB Capital Markets 11.75% 2.99 2.75 2.60 2.51 2.64 P.C.F.S. 12.5% 20.00 200.00 200.00 200.00 200.00 PAN JAM 10% CCR 0.00 0.00 0.00 0.00 0.00

@Formerly CIBC WI Holdings ^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009 Sagicor Financial Corporation was delisted on September 16, 2009 Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009

JAMAICA STOCK EXCHANGE 32 YEAR BOOK 2009 MONTH-END STOCK PRICE 2009

(Cont’d.)

June July August September October November December 1.60 1.33 1.28 1.30 1.20 1.26 1.12 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.53 0.53 2.04 2.03 2.03 1.80 1.75 1.55 1.55 2.45 2.40 2.40 2.40 2.40 2.40 2.40 2.21 2.22 2.25 2.25 2.25 2.26 2.27 3.15 3.15 3.12 3.12 3.12 3.12 3.12 2.50 2.31 2.40 2.44 2.63 2.48 2.53 0.36 0.36 0.36 0.36 0.36 0.36 0.36 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.39 0.39 0.39 0.39 0.39 0.39 0.39 2.60 2.30 2.01 2.05 2.06 2.20 2.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 25.01 25.01 25.01 25.01 25.01 25.01 25.01 3.09 2.63 2.52 2.60 2.60 2.80 2.80 2.61 2.72 2.70 2.61 2.67 2.70 2.70 200.00 190.00 190.00 199.00 199.00 199.00 199.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Best Practices Awards 2009

To be held at The Jamaica Pegasus Hotel on Wednesday, December 8, 2010

JAMAICA STOCK EXCHANGE 33 YEAR BOOK 2009 Year-End Closing Stock Price Quotation

ORDINARY SHARES Last 2009 Last 2008 Last 2007 Last 2006 Last 2005 Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK BANK OF NOVA SCOTIA* 23.55 23.50 23.55 26.06 26.06 26.50 22.50 23.00 23.10 BERGER PAINTS 1.20 1.20 3.00 2.00 2.00 3.50 3.00 3.01 3.40 4.20 4.10 5.09 3.78 3.74 3.78 CABLE & WIRELESS (JAMAICA) LTD. + 0.38 0.39 0.44 0.50 0.40 0.83 0.67 0.62 0.67 1.01 1.01 1.11 1.48 1.41 1.48 CAPITAL & CREDIT FINANCIAL GROUP 4.41 2.81 4.50 5.28 4.00 9.40 CAPITAL AND CREDIT MERCHANT BANK* 9.06 12.25 9.60 9.60 10.00 18.50 15.01 17.00 22.50 21.05 22.50 CARIBBEAN CEMENT COMPANY 4.00 3.72 4.00 3.95 3.50 10.99 9.75 9.21 9.75 9.64 9.20 9.64 9.50 9.55 9.85 CARLTON SAVANNAH REIT (JA) LTD 5.00 4.00 5.00 4.65 4.05 6.01 CARRERAS LIMITED 35.02 35.00 37.50 35.00 35.00 91.99 69.00 68.00 73.00 54.00 53.60 55.00 36.00 35.65 36.50 CIBONEY GROUP 0.10 0.05 0.10 0.05 0.01 0.06 0.01 0.01 0.04 0.07 0.04 0.06 0.09 0.07 0.10 CMP INDUSTRIES* 4.25 4.25 4.25 3.55 4.25 2.10 1.90 2.00 2.40 0.00 3.00 COURTS JAMAICA * 4.25 0.00 0.00 4.00 0.00 4.10 4.50 4.40 4.50 DESNOES & GEDDES 3.42 3.36 3.70 4.05 3.99 8.10 7.00 6.99 7.00 9.12 9.00 9.25 10.20 10.20 10.45 DYOLL GROUP* 0.26 0.00 0.00 0.90 0.90 1.03 1.85 1.86 2.00 FIRST CARIBBEAN INTERNATIONAL BK @ 117.94 118.90 100.00 100.00 160.00 152.00 150.00 152.00 120.01 120.01 0.00 123.20 123.20 129.00 FIRST CARIBBEAN INTERNATIONAL BK JA^ 12.70 13.50 21.00 21.00 20.51 28.00 27.00 25.50 27.00 26.00 0.00 25.90 18.01 16.00 18.50 FIRST JAMAICA INVESTMENTS 27.97 26.50 30.75 25.00 24.00 43.20 41.00 39.50 40.00 41.00 39.00 41.00 43.00 42.01 43.50 GLEANER COMPANY 1.16 1.16 1.29 1.73 1.50 4.30 4.30 4.20 4.30 1.99 1.96 1.98 2.60 2.62 2.65 GOODYEAR JAMAICA* 3.26 3.00 5.99 4.92 4.95 5.20 8.50 8.50 9.00 11.13 11.12 12.75 GRACEKENNEDY LIMITED 40.50 40.03 40.50 43.50 43.00 95.00 71.50 71.00 71.50 63.50 62.91 63.50 87.45 87.45 89.00 GUARDIAN HOLDINGS LTD. 299.50 210.00 225.00 320.00 250.00 360.00 290.00 250.00 300.00 240.00 265.00 0.00 360.00 365.00 385.00 HARDWARE & LUMBER 3.50 3.50 10.00 10.00 20.00 16.00 18.00 18.40 18.00 17.20 18.00 18.00 17.60 19.00 JAMAICA BROILERS 4.96 4.97 4.99 3.20 3.00 7.30 4.50 4.55 4.69 5.00 4.90 5.00 4.09 4.00 4.09 JAMAICA MONEY MARKET BROKERS 4.00 4.00 5.00 7.35 6.00 16.10 11.00 9.66 11.00 14.10 13.50 15.00 16.00 15.60 16.49 JAMAICA PRODUCERS GROUP 25.89 23.00 26.00 23.00 15.20 40.00 35.05 37.00 38.49 43.90 39.00 43.90 34.51 34.50 35.00 KINGSTON WHARVES 3.08 3.00 3.30 4.80 4.70 8.00 7.65 7.56 7.95 7.94 7.80 7.94 6.00 5.80 6.00 LASCELLES DEMERCADO & CO 250.00 250.00 320.00 383.00 383.00 610.00 565.00 565.00 570.00 275.10 275.10 280.00 228.00 220.00 228.00 MAYBERRY INVESTMENTS 1.99 1.85 1.99 2.00 2.00 5.15 4.90 4.85 4.90 4.00 3.89 3.90 3.70 3.80 3.99 MONTEGO FREEPORT 1.90 1.85 1.90 1.55 1.50 3.50 1.60 1.60 2.00 2.08 2.06 2.20 1.95 1.91 1.95 MONTEGO BAY ICE 15.67 13.00 16.00 20.00 15.00 20.22 13.20 13.80 16.00 6.56 7.01 16.00 11.50 0.00 12.50 NATIONAL COMM. BANK JAMAICA 16.00 15.10 15.99 18.00 13.00 24.95 22.95 22.80 22.99 23.65 23.65 23.85 18.50 18.50 19.00 PALACE AMUSEMENT 60.00 31.00 61.00 31.00 61.00 31.45 0.00 0.00 31.45 0.00 31.43 52.70 0.00 39.00 PAN CARIBBEAN FINANCIAL SERVICES 18.10 15.00 19.50 12.00 12.00 24.00 20.00 20.50 20.99 23.00 22.05 23.00 24.30 22.55 24.25 PAN JAMAICAN INVESTMENT TRUST 36.00 34.70 36.00 25.00 22.50 59.95 50.00 49.50 50.00 56.50 56.75 57.00 55.00 55.00 56.00 PEGASUS HOTELS 19.99 15.50 19.00 17.00 10.65 22.50 10.65 10.05 13.50 13.90 13.00 14.00 9.00 9.05 10.08 PULSE INVESTMENTS LTD 5.44 4.08 5.30 5.20 2.41 8.00 2.60 2.35 0.00 2.36 0.00 3.00 RADIO JAMAICA LIMITED 2.01 2.01 2.55 3.00 2.70 4.25 3.60 3.60 3.63 4.70 4.60 4.70 5.70 5.61 5.70 RBTT FINANCIAL HOLDINGS LTD* 351.00 455.00 390.00 352.00 0.00 390.00 360.00 405.00 410.00 410.00 420.00 SAGICOR FINANCIAL CORPORATION* 250.00 150.00 260.00 218.00 210.00 248.00 SAGICOR LIFE JAMAICA 7.02 6.80 7.00 5.60 4.90 9.10 8.15 8.00 8.15 9.00 8.81 9.00 9.86 9.86 9.95 SALADA FOODS JAMAICA 15.50 14.00 15.80 13.00 6.20 150.00 44.00 55.00 60.00 40.00 31.51 38.00 10.01 12.00 15.00 SCOTIA DBG INVESTMENTS 16.62 16.60 19.31 15.00 12.00 31.00 23.75 23.25 23.99 28.00 27.80 28.00 22.50 22.50 22.70 SCOTIA GROUP JAMAICA 19.57 19.00 20.39 17.50 15.25 29.90 21.40 21.40 21.50 SEPROD LIMITED 18.00 18.01 21.00 17.80 14.01 21.00 14.04 14.04 14.99 16.00 16.05 17.00 16.00 16.00 16.20 SUPREME VENTURES LTD 2.01 2.01 2.25 2.50 2.00 4.00 2.82 2.72 2.82 1.80 1.77 1.80 TRINIDAD CEMENT LTD. 72.00 0.00 71.90 80.00 80.00 115.00 94.00 81.00 94.50 84.50 70.00 84.50 105.00 100.00 105.00 WI PULP & PAPER* JAMAICA STOCK EXCHANGE 34 YEAR BOOK 2009

Year-End Closing Stock Price Quotation

(Cont’d.) PREFERENCE SHARES Last 2009 Last 2008 Last 2007 Last 2006 Last 2005 Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK BANK OF NOVA SCOTIA JA VARIABLE PREF. 1.12 1.11 1.30 1.02 1.00 1.70 1.55 1.53 1.55 CABLE & WIRELESS (JA) 5.5% 0.50 0.00 0.00 0.50 0.50 0.00 0.00 0.50 0.00 0.00 0.50 0.00 0.00 CABLE & WIRELESS (JA) 6% 0.53 0.53 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.52 0.51 0.00 0.50 0.00 0.00 CAPITAL & CREDIT MERCHANT BANK VAR PREF 1.55 1.25 1.55 1.80 0.83 2.10 JAMAICA LIVESTOCK ASSOCIATION 7.5% 2.40 0.55 0.00 2.55 1.75 3.99 4.35 3.50 4.00 5.00 1.75 5.00 2.70 1.75 2.60 JAMAICA MONEY MARKET BROKERS 12% 2.27 2.26 2.80 2.16 2.00 3.03 JAMAICA MONEY MARKET BROKERS 12.25% 2.53 2.52 3.00 2.20 2.20 3.20 JAMAICA MONEY MARKET BROKERS 12.15% 3.12 0.00 3.11 3.15 3.10 3.15 JPS 5% C 0.36 0.36 0.00 0.36 0.36 0.36 0.36 0.36 0.00 0.36 0.36 0.00 0.37 0.36 0.00 JPS 5% D 0.35 0.35 0.00 0.35 0.35 0.35 0.35 0.35 0.00 0.35 0.35 0.00 0.37 0.35 0.00 JPS 6% 0.40 0.40 0.00 0.40 0.40 0.40 0.40 0.40 0.00 0.40 0.40 0.00 0.40 0.40 0.00 JPS 7% 0.39 0.39 0.00 0.39 0.39 0.39 0.40 0.39 0.00 0.40 0.41 0.00 0.39 0.38 0.00 JAMAICA STOCK EXCHANGE VAR PREF 2.00 1.95 2.20 2.10 2.00 2.60 LASCELLES de MERCADO 15% 20.00 0.00 0.00 20.00 20.00 4500.00 0.00 20.00 2000.00 0.00 20.00 1200.00 0.00 LASCELLES de MERCADO 6% 25.01 0.00 0.00 25.01 25.01 25.01 10.00 25.00 0.00 10.00 1200.00 0.00 10.00 750.00 0.00 MAYBERRY INVESTMENTS 12% 2.80 2.82 3.08 2.92 2.50 3.10 3.10 3.02 0.00 NCB CAPITAL MARKETS LTD 11.75% 2.70 2.70 3.50 2.50 2.50 3.00 3.00 2.86 3.00 3.18 3.18 0.00 PAN CARIBBEAN FIN SERV 12.5% 199.00 196.00 200.00 200.00 205.00 PAN JAM 10% CCR 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

+ Formerly Telecommunications of Jamaica (TOJ) *Delisted @ Formerly CIBC W.I Holdings ^Formerly CIBC Jamaica Limited

JAMAICA STOCK EXCHANGE 35 YEAR BOOK 2009 Year-End Corporate Bond Quotation

(Cont’d.) US$ DENOMINATED SECURITIES Last 2009 Last 2008 Last 2007 Last 2006 Last 2005 Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK Sale Price BID ASK 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ------

JAMAICA STOCK EXCHANGE 36 YEAR BOOK 2009 ANNUAL HIGH AND LOW STOCK PRICES

ORDINARY SHARES 2009 2008 2007 2006 2005 HIGH LOW HIGH LOW HIGH LOW HIGH LOW HIGH LOW Bank of Nova Scotia (Ja.) Ltd.* 27.89 23.01 27.50 17.05 34.00 20.00 Berger Paints (Ja.) Ltd. 2.05 1.10 3.50 2.00 4.30 2.90 4.20 2.60 7.30 3.40 Cable & Wireless (Ja.) Ltd. 0.65 0.35 0.83 0.40 1.12 0.58 1.48 0.62 2.00 1.15 Capital & Credit Financial Group Ltd 5.00 2.05 9.40 4.00 Capital & Credit Merchant Bank* 12.25 9.06 16.98 9.00 22.00 10.00 35.01 20.00 Caribbean Cement Co. Ltd. 5.00 3.20 10.99 3.50 11.00 8.09 10.00 3.70 17.45 7.67 Carlton Savannah REIT (Ja.) Ltd 6.70 3.99 6.01 4.05 Carreras Group Ltd. 52.00 35.00 91.99 35.00 74.00 48.01 55.00 33.50 43.00 30.00 Ciboney Group Ltd. 0.10 0.03 0.06 0.01 0.07 0.01 0.11 0.03 0.13 0.03 Desnoes & Geddes Ltd. 4.50 3.31 8.10 3.99 9.80 5.65 10.40 7.01 10.50 7.80 First Caribbean International@ 122.00 116.00 160.00 100.00 160.00 110.00 135.00 106.00 130.00 112.50 First Caribbean International Jamaica^ 20.00 12.50 28.00 20.51 39.10 17.50 26.00 15.00 22.29 13.00 First Jamaica Investment Ltd. 30.00 19.00 43.20 24.00 41.00 28.00 41.02 28.00 62.50 30.00 Gleaner Co. Ltd. 1.84 1.10 4.30 1.50 4.30 1.33 2.65 1.68 3.85 1.96 Goodyear (Ja.) Ltd. 5.99 3.00 11.00 4.90 13.50 7.06 13.50 8.80 GraceKennedy Ltd. 51.05 36.00 95.00 43.00 74.00 53.01 89.00 50.00 123.00 80.00 Guardian Holdings Ltd. 320.00 100.00 360.00 250.00 310.00 207.00 360.00 190.00 450.00 355.00 Hardware & Lumber Ltd. 9.01 3.50 20.00 10.00 17.75 13.00 19.00 12.00 38.00 15.50 Jamaica Broilers Group Ltd. 5.20 3.10 7.30 3.00 5.50 3.60 5.30 2.50 6.50 2.92 Jamaica Money Market Brokers Ltd. 7.33 3.90 16.10 6.00 14.26 9.00 18.20 9.45 20.00 10.65 Jamaica Producers Go. Ltd. 26.00 12.00 40.00 15.20 42.00 22.10 46.00 28.01 50.00 23.00 Kingston Wharves Ltd. 4.80 1.90 8.00 4.70 8.00 7.07 9.00 4.85 6.60 4.10 Lascelles de Mercado Ltd. 450.00 240.00 610.00 383.00 575.00 225.00 299.99 170.08 373.15 175.00 Mayberry Investments Ltd. 2.35 1.53 5.15 2.00 5.18 2.12 4.39 1.65 8.40 1.80 Montego Bay Freeport Ltd. 2.60 1.45 3.50 1.50 2.99 1.50 2.50 1.30 3.40 1.70 Montego Bay Ice Ltd. 16.00 15.00 20.22 15.00 13.20 7.00 11.50 6.51 17.50 11.50 National Commercial Bank Ja. Ltd 19.50 12.00 24.95 13.00 24.51 19.52 25.00 13.82 25.30 16.03 Palace Amusement Ltd. 60.00 60.00 61.00 31.00 31.45 31.00 31.45 31.45 62.00 52.70 Pan Caribbean Financial Services 21.50 12.00 24.00 12.00 24.50 17.00 27.50 13.50 42.50 18.00 Pan Jamaican Investment Trust 40.00 23.00 59.95 22.50 53.50 39.01 58.20 35.00 79.00 41.00 Pegasus Hotels of Ja. Ltd. 20.00 12.51 22.50 10.65 13.50 9.80 15.00 8.50 16.00 8.00 Pulse Investments Ltd. 5.50 5.00 8.00 2.41 2.60 2.00 2.36 2.30 Radio Jamaica Ltd. 3.00 1.40 4.25 2.70 4.60 2.75 5.75 3.85 8.25 4.80 Sagicor Financial Corporation 260.00 260.00 248.00 210.00 Sagicor Life Jamaica Limited 7.50 4.00 9.10 4.90 9.00 6.60 10.00 6.31 14.00 8.05 Salada Foods Ltd. 20.50 7.51 150.00 6.20 70.00 28.50 44.00 10.00 28.50 9.00 Scotia DBG Investments 26.00 12.00 31.00 12.00 28.49 18.05 28.89 14.51 28.99 17.80 Scotia Group Jamaica Ltd. 23.00 14.00 29.90 15.25 23.98 19.51 Seprod Group Ltd. 19.00 13.00 21.00 14.01 19.35 12.00 18.35 11.10 17.40 12.15 Supreme Ventures Ltd. 3.30 1.72 4.00 2.00 3.70 1.51 4.08 1.55 - - Trinidad Cement Ltd. 72.00 55.25 115.00 80.00 105.00 66.00 100.00 65.25 115.06 80.61

JAMAICA STOCK EXCHANGE 37 YEAR BOOK 2009 ANNUAL HIGH AND LOW STOCK PRICES

(Cont’d.) PREFERENCE SHARES 2009 2008 2007 2006 2005 HIGH LOW HIGH LOW HIGH LOW HIGH LOW HIGH LOW Bank of Nova Scotia Variable Pref. 1.75 1.10 1.70 1.00 1.90 1.00 C & W Ja Ltd. 5.5% 0.50 0.50 0.50 0.50 0.50 0.50 C & W Ja Ltd. 6% 0.53 0.53 0.50 0.50 0.52 0.50 0.52 0.50 0.50 0.50 Capital & Credit Merchant Bank Var Pref 2.04 0.97 2.10 0.83 Jamaica Livestock Association 7.5% 2.46 0.30 3.99 1.75 4.35 2.00 5.00 1.50 2.70 1.45 Jamaica Money Merket Brokers 12% 2.40 2.15 3.03 2.00 Jamaica Money Merket Brokers 12.25% 3.00 2.20 3.20 2.20 Jamaica Money Merket Brokers 12.15% 3.13 3.12 3.15 3.10 JPS 5% C 0.36 0.36 0.36 0.36 0.37 0.36 0.37 0.35 JPS 5% D 0.35 0.35 0.35 0.35 0.35 0.35 0.37 0.35 JPS 6% 0.40 0.40 0.40 0.40 0.42 0.40 0.40 0.40 JPS 7% 0.39 0.39 0.40 0.40 0.40 0.39 0.39 0.38 Jamaica Stock Exchange Var Pref 2.60 2.00 2.60 2.00 Lascelles Group 15% ------Lascelles Group 6% 25.01 25.01 ------Mayberry Investments Ltd. 12% 3.09 2.00 3.10 2.50 3.10 3.00 NCB Capital Markets 11.75% 3.00 2.51 3.00 2.50 3.23 2.75 3.20 3.10 - - P.C.F.S. 12.5% 199.00 190.00 205.00 200.00

US $ DENOMINATED SECURITIES 2009 2008 2007 2006 2005 HIGH LOW HIGH LOW HIGH LOW HIGH LOW HIGH LOW BEL GOV MRTG N 10 ------BEL GOV MRTG N 10 ------BEL GOV MRTG N 11 ------DOMINICA SERIES A ------DOMINICA SERIES B ------LUCELEC ------NEVIS BOND ------NEVIS 10.5% BOND ------UNION BANK CCR ------

* Ordinary shares delisted, preference shares listed @Formerly CIBC WI Holdings ^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009 Sagicor Financial Corporation was delisted on September 16, 2009 Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009 All US Denominated Securities were delisted in 2009

JAMAICA STOCK EXCHANGE 38 YEAR BOOK 2009 STOCK MARKET DATA

MONTHLY TRADING VOLUME (000's) units*

2009 2008 2007 2006 2005 JANUARY 112,655 249,458 249,807 72,091 461,609 FEBRUARY 47,038 340,495 162,014 121,361 202,153 MARCH 498,028 88,231 144,265 173,041 256,605 APRIL 81,664 179,300 76,994 217,842 579,434 MAY 86,595 797,069 90,928 125,340 151,792 JUNE 23,566 141,109 184,459 1,495,383 135,545 JULY 64,739 222,077 579,078 304,918 82,395 AUGUST 120,261 103,751 121,679 162,828 102,260 SEPTEMBER 212,708 311,935 183,924 142,661 203,179 OCTOBER 36,568 384,711 126,153 70,177 78,293 NOVEMBER 319,279 74,886 336,597 135,721 84,790 DECEMBER 161,792 59,989 177,589 2,618,029 159,973 YEAR 1,764,893 2,953,011 2,433,487 5,639,392 2,498,028 ANNUAL CHANGE -40.23% 21.35% -56.85% 125.75% -51.91%

* Including block transactions

MONTHLY TRADING VALUE (JA$000's)*

2009 2008 2007 2006 2005 JANUARY 527,323 3,820,014 2,448,428 736,662 10,921,576 FEBRUARY 368,619 4,671,501 2,055,426 1,672,693 3,314,830 MARCH 1,352,785 1,325,564 3,158,750 2,104,487 3,792,940 APRIL 707,094 1,921,934 766,214 1,879,929 9,804,193 MAY 488,788 8,355,051 885,941 1,130,174 2,505,103 JUNE 200,622 3,388,715 1,109,828 7,616,970 1,827,457 JULY 505,671 35,893,868 2,019,007 1,462,105 1,275,076 AUGUST 1,198,223 1,088,847 1,371,428 958,165 1,196,306 SEPTEMBER 1,256,443 2,370,103 1,622,940 1,020,789 1,718,225 OCTOBER 240,681 2,787,634 2,139,369 840,164 901,211 NOVEMBER 3,326,288 854,959 9,166,231 1,559,250 851,579 DECEMBER 2,017,543 548,681 2,303,862 16,059,603 2,638,185 YEAR 12,190,080 67,026,871 29,047,424 37,040,991 40,746,681 ANNUAL CHANGE -81.81% 130.75% -21.58% -9.09% 13.20%

* Including block transactions

JAMAICA STOCK EXCHANGE 39 YEAR BOOK 2009 STOCK MARKET DATA

(Cont’d.)

JSE STOCK MARKET INDEX

MONTH 2009 2008 2007 2006 2005 JANUARY 87,206.90 108,718.70 101,718.82 100,868.26 118,379.43 FEBRUARY 83,091.44 108,463.94 92,949.46 96,845.29 114,221.65 MARCH 79,022.64 107,439.31 90,595.08 86,896.12 111,931.18 APRIL 79,742.37 109,353.87 91,110.61 88,312.15 119,179.47 MAY 82,837.63 112,127.89 90,057.73 87,094.49 114,148.90 JUNE 80,866.14 109,754.01 90,069.92 85,108.22 110,621.87 JULY 79,304.49 109,903.53 92,021.84 85,753.11 107,231.92 AUGUST 79,883.87 108,044.77 94,544.95 84,004.96 103,997.53 SEPTEMBER 79,928.03 102,018.87 96,299.80 86,195.99 103,332.61 OCTOBER 80,567.52 93,750.90 99,579.19 85,955.93 102,445.33 NOVEMBER 83,322.40 86,864.24 103,429.33 94,617.93 100,689.87 DECEMBER 83,321.96 80,152.02 107,968.00 100,678.00 104,510.38 YEAR END CHANGE 3.95% -25.76% 7.24% -3.67% -7.23%

MONTHLY TRADING AVERAGES

MONTHLY TRADING HIGHLIGHTS, 2009 *

Average Daily Average Daily JSE Index Month NO. OF Trading Days Transactions Transactions Volume(000s) Value J$ (000s) High Low Close JANUARY 21 1,336 64 5,365 25,111 87,501.69 85,034.13 87,206.90 FEBRUARY 19 1,474 78 2,476 19,401 87,142.97 81,831.69 83,091.44 MARCH 22 1,531 70 22,638 61,490 82,665.78 79,022.64 79,022.64 APRIL 20 1,123 56 4,083 35,355 80,311.68 78,482.98 79,742.37 MAY 20 1,117 56 4,330 24,439 82,837.63 79,714.41 82,837.63 JUNE 22 1,167 53 1,071 9,119 83,076.98 80,866.14 80,866.14 JULY 23 1,412 61 2,815 21,986 81,026.40 79,304.49 79,304.49 AUGUST 20 1,322 66 6,013 59,911 80,434.32 79,704.43 79,883.87 SEPTEMBER 22 1,285 58 9,669 57,111 80,519.86 79,453.70 79,928.03 OCTOBER 21 1,145 55 1,741 11,461 80,793.06 79,412.84 80,567.52 NOVEMBER 21 1,570 75 15,204 158,395 84,114.32 80,526.03 83,322.40 DECEMBER 22 1,547 70 7,354 91,707 83,404.85 81,716.19 83,321.96 YEAR 253 16,029 761 6,976 48,182

* Volume & Value include Block Transactions

JAMAICA STOCK EXCHANGE 40 YEAR BOOK 2009 STOCK MARKET DATA (Cont’d.)

Top Twenty Companies by Market Capitalisation, Volume and Value as at December 31, 2009 Market Capitalisation Market Volume Company JA$(000) Company Units (000) FIRST CARIBBEAN INTERNATIONAL BANK 179,874,060 Supreme Ventures Limited 651,314,866 SCOTIA GROUP JAMAICA 60,893,483 National Commercial Bank Jamaica Ltd. 230,630,320 GUARDIAN HOLDINGS LTD. 60,560,300 Pan Caribbean Financial Services Ltd 186,932,249 NATIONAL COMMERCIAL BANK JAMAICA LTD. 39,468,205 Cable & Wireless (Jamaica) Ltd. 170,994,672 SAGICOR LIFE JAMAICA 263,851,392 Jamaica Broilers Group 76,568,756 LASCELLES DEMERCADO & CO. 24,000,000 Gleaner Company Ltd. 50,133,775 TRINIDAD CEMENT COMPANY 17,983,090 Scotia Group Jamaica Limited 49,955,375 CARRERAS GROUP 17,000,109 Sagicor Life Jamaica Limited 27,279,033 GRACEKENNEDY LTD. 13,434,083 Seprod Limited 24,963,431 PAN CARIBBEAN FINANCIAL SERVICES LTD 9,917,425 Mayberry Investments Limited 22,799,731 DESNOES & GEDDES 9,607,366 Jamaica Money Market Brokers Ltd 12.25% 21,345,934 SEPROD GROUP LTD. 9,295,163 Desnoes & Geddes Ltd 19,032,011 FIRST JAMAICA INVESTMENTS 8,488,895 Jamaica Producers Group Ltd. 14,206,330 SCOTIA DBG INVESTMENTS LTD. 7,033,497 Scotia DBG Investments Ltd 11,976,364 CABLE & WIRELESS (JA.) LTD. 6,390,627 Gracekennedy Limited 11,345,964 PAN-JAM. INVEST. 6,247,263 Radio Jamaica Limited 10,912,909 JA. BROILERS' GROUP 5,948,411 Carreras Limited 9,422,922 JAMAICA MONEY MARKET BROKERS LTD 5,853,547 Caribbean Cement Company Ltd. 9,383,602 SUPREME VENTURES LTD. 5,300,882 Capital & Credit Financial Group Limited 8,821,468 JA. PRODUCERS' GROUP 4,842,052 Ciboney Group Limited 8,745,269 *Includes Block Transactions

Market Value Company JA$(000) National Commercial Bank Jamaica 3,249,096 Pan Caribbean Financial Services 2,626,323 Supreme Ventures Limited 1,466,618 Scotia Group Jamaica 858,137 GraceKennedy Limited 500,484 Seprod Limited 395,049 Carreras Limited 379,426 Jamaica Broilers Group 304,661 Jamaica Producers Group 287,132 Scotia DBG Investments 187,267 Lascelles deMercado & Co. 182,114 Pan Jamaican Investment Trust 180,159 Sagicor Life Jamaica 157,868 Salada Foods Jamaica Limited 73,938 Cable & Wireless (Jamaica) 72,193 Desnoes & Geddes Limited 71,619 First Jamaica Investments Limited 64,381 Gleaner Company Limited 62,331 JMMB 12.25% (Preference Shares) 58,429 First Caribbean International Bank 55,286 *Includes Block Transactions

JAMAICA STOCK EXCHANGE 41 YEAR BOOK 2009 TOP TEN COMPANIES BY TRADED VALUE (Block Transactions Included)

JBG JP SDBG 2% CAR 2% 2% 3% SEP NCBJ 3% 27% GK 4%

SGJ 7%

SVL 12% PCFS 22%

TOP TEN COMPANIES BY TRADED VOLUME (Block Transactions Included)

SLJ SEP MIL SGJ 2% 2% 1% 3% GLNR 3% JBG 5%

SVL CWJA 39% 10%

PCFS 11%

NCBJ 14%

JAMAICA STOCK EXCHANGE 42 YEAR BOOK 2009 STOCK MARKET DATA (Cont’d.)

Twenty Most Active Stocks for 2009 *

Company No. of Transactions SCOTIA GROUP JAMAICA 2,662 NATIONAL COMMERCIAL BANK JAMAICA 1,965 JAMAICA BROILERS GROUP LIMITED 1,178 SAGICOR LIFE JAMAICA 1,066 CARRERAS LIMITED 991 GRACEKENNEDY LIMITED 904 MAYBERRY INVESTMENTS LIMITED 600 CABLE & WIRELESS JAMAICA LIMITED 597 PAN JAMAICAN INVESTMENT TRUST 571 SCOTIA DBG INVESTMENTS LIMITED 558 JAMAICA MONEY MARKET BROKERS 525 DESNOES & GEDDES 440 CARIBBEAN CEMENT COMPANY 391 SUPREME VENTURES LIMITED 367 CAPITAL & CREDIT FINANCIAL GROUP 320 JAMAICA PRODUCERS GROUP 270 BANK OF NOVA SCOTIA JAMAICA 238 KINGSTON WHARVES 238 SEPROD LIMITED 231 PAN CARIBBEAN FINANCIAL SERVICES 223 * Includes Block Transactions

Block Transactions (2009)

Month NO. OF Volume Value % of Overall Market:- Transactions (000's) Units Ja$(000's) Volume Value JANUARY 0 0 0 0.00% 0.00% FEBRUARY 0 0 0 0.00% 0.00% MARCH 7 28,604 162,832 5.74% 12.04% APRIL 0 0 0 0.00% 0.00% MAY 1 841 38,358 0.97% 7.85% JUNE 0 0 0 0.00% 0.00% JULY 0 0 0 0.00% 0.00% AUGUST 0 0 0 0.00% 0.00% SEPTEMBER 1 58,691 418,465 27.59% 33.31% OCTOBER 0 0 0 0.00% 0.00% NOVEMBER 0 0 0 0.00% 0.00% DECEMBER 61 14,599 56,047 9.02% 2.78% YEAR 70 102,735 675,702 5.82% 5.54%

JAMAICA STOCK EXCHANGE 43 YEAR BOOK 2009 DIVIDEND SUMMARY

2009 2008 2007 2006 2005 Ordinary (Ja. $000’s) $ 000 $ 000 $ 000 $ 000 $ 000 Bank of Nova Scotia Jamaica Ltd 3,863,946 3,571,223 6,171,933 3,015,049 2,927,231 Berger Paints Jamaica Ltd 20,361 45,008 38,578 21,432 34,291 Cable & Wireless Jamaica Ltd - 504,526 672,697 1,009,046 - Capital & Credit Financial Group - - Capital & Credit Merchant Bank Ltd. - - - 96,174 58,880 Caribbean Cement Company - - - - 59,580 Carreras Limited 2,621,376 2,642,998 2,378,656 2,427,200 1,456,320 Desnoes & Geddes Limited 983,208 1,123,668 1,488,860 1,601,227 2,163,061 First Caribbean Bank Jamaica Ltd 106,303 - - - - First Jamaica Investments Ltd. 332,508 241,823 1,094,234 232,177 241,283 Gleaner Company Limited 62,768 81,174 79,645 78,889 80,645 GraceKennedy Limited 378,838 378,313 375,174 340,678 326,961 Hardware & Lumber Limited - - 25,784 - - Jamaica Broilers Group Limited 131,921 155,906 137,917 137,917 137,917 Jamaica Livestock Association 7.5% 4,309 4,309 4,309 4,309 4,309 Jamaica Money Market Brokers 336,579 321,946 307,311 292,678 263,411 Jamaica Producers Group 25,394 42,322 452,664 66,628 45,226 Kingston Properties Limited 9,528 2,193 Kingston Wharves Limited - 53,632 85,812 85,812 85,812* Lascelles deMercado & Co. Limited 1,344,162 162 288,162 192,162 292,962 Mayberry Investments Ltd. 96,092 240,230 120,115 - Montego Bay Ice Co. Limited - - - - - Montego Freeport Limited - 298,424 - - 50,676 National Commercial Bank (Ja.) Ltd. 2,165,911 2,806,790 1,796,326 1,748,924 1,179,878 Palace Amusement 2,156 - - - 287 Pan Caribbean Financial Services 684,905 657,509 490,010 368,225 236,495 Pan-Jamaican Investment Trust 232,973 171,261 796,047 163,260 165,238 Pegasus Hotels of Jamaica Ltd. 48,066 30,041 48,066 36,050 12,017 Pulse Investments Limited - - - - Radio Jamaica Limited - 34,389 - 34,498 - Sagicor Life Jamaica 2,141,157 1,650,003 1,123,582 1,007,157 739,287 Salada Foods Jamaica Limited - - - - - Scotia DBG Investments Ltd. 497,254 442,238 312,514 45,479 90,020 Scotia Group Jamaica Ltd. 4,231,746 3,920,582 1,866,944 Seprod Limited 335,658 232,379 180,739 154,920 142,009 Supreme Ventures Limited 584,359 420,839 - -

Total Dividend Payout 21,241,478 20,073,888 20,336,079 13,159,891 10,793,796

Percentage Change (%) 5.82% -1.29% 54.53% 21.92% 2.41%

89,161 93,591 89,834 68,632 56,003 * FirstCaribbean Int'l Bank Ltd. -4.73% 4.18% 30.89% 22.55% 35.97% 97,086 131,293 10,085 110,935 103,070 # Guardian Holdings -26.05% 1201.86% -90.91% 7.63% -0.02% 1,148 17,484 14,986 12,488 54,949 # Trinidad Cement Ltd -93.43% 16.67% 20.00% -77.27% 22.22%

# Dividend quoted in Trinidad & Tobago Dollars (TT$) * Dividend quoted in $US for 2004, and in BDS$ for all previous years

JAMAICA STOCK EXCHANGE 44 YEAR BOOK 2009 Stock Bonus, Splits & New Listings

COMPANY 2009 2008 2007 2006 2005 Bank of Nova Scotia 1 For 1 1 For 1 Berger Paints - - - - - Cable & Wireless Jamaica Ltd - - - - - Caribbean Cement Company - - - - - Capital & Credit Merchant Bank - - - - - Carreras Group - - - - - Courts Jamaica Ltd - - - - - Dehring, Bunting & Golding Limited - - - - - Desnoes & Geddes - - - - - Gleaner Company - - - - - GraceKennedy - - - - - Guardian Holdings Ltd - - - - - Jamaica Broilers - - - - - Jamaica Producers Group - - - - - Jamaica Money Market Brokers - - - - - Kingston Wharves Ltd - - - - - Mayberry Investments - - - - New Mayberry Investments Limited 12% - - New Montego Freeport - - - - - NCB Capital Markets 11.75% - - 1 For 1 New National Commercial Bank Jamaica Ltd - - - - - Pegasus Hotels - - - - - Pulse Investments Limited - - - New Radio Jamaica - - - - - RBTT Financial Holdings Ltd - - - - - Salada Foods - 1 For 10 Seprod Limited - - - - - Scotia Group Jamaica - - New Supreme Ventures Limited - - - New Trinidad Cement Ltd - - - - -

Best Practices Awards 2008

To be held at The Jamaica Pegasus Hotel on Wednesday, December 8, 2010

JAMAICA STOCK EXCHANGE 45 YEAR BOOK 2009 CORPORATE DATA

Due Date Issued Price Market Value Nominal Financial Audited for Company Capital Dec-31 Capitalisation $ Value Year-End Results BERGER PAINTS LTD 214,322,393 1.20 257,186,872 0.50 107,161,197 31-Mar. 30-June CABLE & WIRELESS (JA.) LTD. 16,817,439,741 0.38 6,390,627,102 1.00 16,817,439,741 31-Mar. 30-June CAPITAL & CREDIT FINANCIAL GROUP 927,565,945 4.41 4,090,565,817 0.00 0 31-Dec. 31-Mar. CARIBBEAN CEMENT COMPANY 851,136,591 4.00 3,404,546,364 1.00 851,136,591 31-Dec. 31-Mar. CARRERAS LIMITED 485,440,000 35.02 17,000,108,800 0.00 0 31-Mar. 30-June CIBONEY GROUP LTD 546,000,000 0.10 54,600,000 0.00 0 31-May 31-Aug DESNOES & GEDDES 2,809,171,264 3.42 9,607,365,723 0.00 0 30-June 30-Sept. FIRST CARIBBEAN INTER. BANK JAMAICA 265,756,730 12.70 3,375,110,471 0.10 26,575,673 31-Oct. 31-Jan. FIRST CARIBBEAN INTERNATIONAL BANK 1,525,131,934 117.94 179,874,060,296 0.50 762,565,967 31-Oct. 31-Jan. FIRST JAMAICA INVESTMENTS 303,500,000 27.97 8,488,895,000 0.00 0 31-Dec. 31-Mar. GLEANER COMPANY 1,211,243,827 1.16 1,405,042,839 1.00 1,211,243,827 31-Dec. 31-Mar. GRACEKENNEDY LTD. 331,705,747 40.50 13,434,082,754 0.50 165,852,874 31-Dec 31-Mar. GUARDIAN HOLDINGS LTD. 202,204,673 299.50 60,560,299,564 0.00 0 31-Dec. 31-Mar. HARDWARE & LUMBER 80,842,023 3.50 282,947,081 0.10 8,084,202 31-Dec. 31-Mar. JA. BROILERS GROUP 1,199,276,400 4.96 5,948,410,944 0.20 239,855,280 30-Apr. 31-July JAMAICA MONEY MARKET BROKERS LTD 1,463,386,752 4.00 5,853,547,008 0.00 0 31-Mar. 30-June JA. PRODUCERS GROUP 187,024,006 25.89 4,842,051,515 0.50 93,512,003 31-Dec. 31-Mar. KINGSTON PROPERTIES LTD 68,800,102 5.00 344,000,510 0.10 6,880,010 31-Dec. 31-Mar. KINGSTON WHARVES 1,072,649,578 3.08 3,303,760,700 0.20 214,529,916 31-Dec. 31-Mar. LASCELLES DEMERCADO & CO. 96,000,000 250.00 24,000,000,000 0.25 24,000,000 30-Sept. 31-Dec. MAYBERRY INVESTMENTS 1,201,149,291 1.99 2,390,287,089 0.00 0 31-Dec. 31-Mar. MONTEGO BAY FREEPORT 563,065,690 1.90 1,069,824,811 0.00 0 31-Mar. 30-June MONTEGO BAY ICE 6,161,510 15.67 96,550,862 0.00 0 31-Dec. 31-Mar. NATIONAL COMMERCIAL BANK JAMAICA LTD. 2,466,762,828 16.00 39,468,205,248 0.00 0 30-Sept. 31-Dec. PALACE AMUSEMENT 1,437,028 60.00 86,221,680 0.00 0 30-June 30-Sept. PAN CARIBBEAN FINANCIAL SERVICES LTD 547,924,039 18.10 9,917,425,106 0.50 273,962,020 31-Dec. 31-Mar. PAN-JAMAICAN INVESTMENT 173,535,078 36.00 6,247,262,808 0.10 17,353,508 31-Dec. 31-Mar. PEGASUS HOTELS 120,165,973 19.99 2,402,117,800 0.00 0 31-Mar. 30-June PULSE INVESTMENTS LTD. 271,789,674 5.44 1,478,535,827 1.00 271,789,674 30-June 30-Sept. RADIO JAMAICA 351,976,991 2.01 707,473,752 0.00 0 31-Mar. 30-June SAGICOR LIFE JAMAICA 3,758,566,835 7.02 26,385,139,182 0.10 375,856,684 31 -Dec. 31-Mar. SALADA FOODS JA. 103,883,290 15.50 1,610,190,995 0.10 10,388,329 30-Sept. 31-Dec. SCOTIA DBG INVESTMENTS LTD. 423,194,765 16.62 7,033,496,994 0.25 105,798,691 31-Oct. 31-Jan. SCOTIA GROUP JAMAICA 3,111,572,984 19.57 60,893,483,297 0.50 1,555,786,492 31-Oct. 31-Jan. SEPROD LIMITED 516,397,918 18.00 9,295,162,524 0.00 0 31-Dec. 31-Mar. SUPREME VENTURES LTD. 2,637,254,926 2.01 5,300,882,401 0.50 1,318,627,463 31-Dec. 31-Mar. TRINIDAD CEMENT LIMITED 249,765,136 72.00 17,983,089,792 0.00 0 31-Dec. 31-Mar. TOTAL 47,163,201,662 544,882,559,526 24,458,400,140

JAMAICA STOCK EXCHANGE 46 YEAR BOOK 2009 Top Twenty Companies

Turnover (Sales)

Turnover COMPANY 2009 2008 Change % GraceKennedy Limited 57,406,415 53,462,279 7.38% Scotia Group Jamaica Ltd. 47,160,703 38,364,947 22.93% National Commercial Bank Jamaica Ltd. 43,721,715 38,296,327 14.17% Bank of Nova Scotia Jamaica Ltd. 37,335,830 31,562,923 18.29% Supreme Ventures Limited 28,167,960 21,204,444 32.84% Sagicor Life Jamaica 27,872,526 28,258,936 (1.37%) Lascelles deMercado & Co. Limited 24,912,339 22,963,136 8.49% Jamaica Broilers Group 24,623,315 20,443,685 20.44% Cable & Wireless (Jamaica) Ltd. 16,370,138 16,046,854 2.01% Jamaica Money Market Brokers 15,969,623 10,935,216 46.04% Desnoes & Geddes Limited 13,447,889 12,488,766 7.68% Carreras Limited 10,923,530 9,037,241 20.87% NCB Capital Markets Ltd. 9,538,851 7,494,970 27.27% Seprod Limited 9,495,060 9,257,660 2.56% Pan Caribbean Financial Services 8,871,529 6,814,826 30.18% Caribbean Cement Company 8,869,260 8,805,293 0.73% Jamaica Producers Group 6,259,033 3,650,096 71.48% Capital & Credit Merchant Bank 6,059,048 5,667,008 6.92% Hardware & Lumber Ltd 5,940,599 6,788,162 (12.49%) FirstCaribbean International Bank (Jamaica) 5,220,049 4,977,464 4.87%

Pre-Tax Profits

Profit Before Tax COMPANY 2009 2008 Change % Scotia Group Jamaica Ltd. 15,379,659 13,119,095 17.23% National Commercial Bank Jamaica Ltd. 13,133,635 10,808,009 21.52% Bank of Nova Scotia Jamaica Ltd. 12,970,595 11,816,466 9.77% Sagicor Life Jamaica 5,770,350 5,582,278 3.37% Carreras Limited 5,228,696 5,827,735 (10.28%) GraceKennedy Limited 3,653,867 2,478,893 47.40% Lascelles deMercado & Co. Limited 2,866,144 3,543,512 (19.12%) Scotia DBG Investments Ltd. 2,584,256 1,537,636 68.07% NCB Capital Markets Ltd. 2,213,363 683,454 223.85% Desnoes & Geddes Limited 2,211,441 1,670,350 32.39% Seprod Limited 2,185,901 1,435,462 52.28% First Jamaica Investments 2,120,145 1,772,675 19.60% Pan-Jamaican Investment Trust 2,115,020 1,699,803 24.43% Pan Caribbean Financial Services 1,959,266 1,834,829 6.78% Jamaica Money Market Brokers 1,544,528 1,254,902 23.08% FirstCaribbean International Bank (Jamaica) 1,307,287 1,246,477 4.88% Supreme Ventures Ltd. 1,265,884 1,107,833 14.27% Jamaica Broilers Group 1,003,727 903,515 11.09% Montego Bay Freeport 391,409 288,249 35.79% Capital & Credit Merchant Bank 347,762 517,283 (32.77%)

JAMAICA STOCK EXCHANGE 47 YEAR BOOK 2009 Top Twenty Companies

(Cont’d.) After-Tax Profits

Profit After Tax COMPANY 2009 2008 Change % Scotia Group Jamaica Ltd. 11,605,459 9,624,057 20.59% National Commercial Bank Jamaica Ltd. 10,248,185 8,701,173 17.78% Bank of Nova Scotia Jamaica Ltd. 9,651,781 8,619,584 11.98% Sagicor Life Jamaica 4,885,565 4,542,251 7.56% Carreras Limited 3,528,444 4,000,020 (11.79%) GraceKennedy Limited 2,722,823 1,780,886 52.89% Lascelles deMercado & Co. Limited 2,559,024 3,015,131 (15.13%) Scotia DBG Investments Ltd. 2,128,870 1,239,480 71.76% First Jamaica Investments 1,940,494 1,690,143 14.81% Pan-Jamaican Investment Trust 1,935,133 1,617,271 19.65% NCB Capital Markets Ltd. 1,714,737 755,585 126.94% Desnoes & Geddes Limited 1,551,323 1,042,449 48.82% Seprod Limited 1,485,937 938,203 58.38% Pan Caribbean Financial Services 1,477,844 1,380,932 7.02% Jamaica Money Market Brokers 1,102,622 1,061,610 3.86% FirstCaribbean International Bank (Jamaica) 886,658 835,053 6.18% Jamaica Broilers Group 828,063 740,316 11.85% Supreme Ventures Ltd. 751,202 645,989 16.29% Montego Bay Freeport 361,798 284,327 27.25% Capital & Credit Merchant Bank 342,706 453,402 (24.41%)

Monthly Transactions 2009/2008

16,000 15,500 15,000 14,500 14,000 13,500 13,000 12,500 12,000 11,500 11,000 10,500 10,000 9,500 9,000 2009 8,500 2008 8,000 7,500 7,000 6,500 6,000 5,500 No. of Transactions 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month

JAMAICA STOCK EXCHANGE 48 YEAR BOOK 2009 Corporate Profit Profile

Turnover Profit Before Tax Profit After Tax COMPANY 2009 2008 Change % 2009 2008 Change % 2009 2008 Change % Bank of Nova Scotia Jamaica Ltd. 37,335,830 31,562,923 18.29% 12,970,595 11,816,466 9.77% 9,651,781 8,619,584 11.98% Berger Paints Jamaica Limited 1,829,255 1,527,014 19.79% 95,416 21,479 344.23% 74,099 15,560 376.21% Cable & Wireless (Jamaica) Ltd. 16,370,138 16,046,854 2.01% (369,555) (7,216,382) 94.88% (302,825) (4,194,698) 92.78% Capital & Credit Financial Group 4,161,653 4,163,780 (0.05%) 287,751 499,543 42.40% 290,639 389,495 (25.38%) Capital & Credit Merchant Bank 6,059,048 5,667,008 6.92% 347,762 517,283 (32.77%) 342,706 453,402 (24.41%) Caribbean Cement Company 8,869,260 8,805,293 0.73% (241,028) 571,932 (142.14%) (144,512) 416,438 (134.70%) Carreras Limited 10,923,530 9,037,241 20.87% 5,228,696 5,827,735 (10.28%) 3,528,444 4,000,020 (11.79%) Ciboney Group Limited 0 0 0.00% 4,781 (3,381) 241.41% 1,015 (3,449) 129.43% Desnoes & Geddes Limited 13,447,889 12,488,766 7.68% 2,211,441 1,670,350 32.39% 1,551,323 1,042,449 48.82% FirstCaribbean International Bank (Jamaica) 5,220,049 4,977,464 4.87% 1,307,287 1,246,477 4.88% 886,658 835,053 6.18% First Jamaica Investments 1,635,592 1,490,699 9.72% 2,120,145 1,772,675 19.60% 1,940,494 1,690,143 14.81% Gleaner Company 3,274,179 3,246,297 0.86% 1,822 (451,266) 100.40% 208,180 (444,688) 146.81% GraceKennedy Limited 57,406,415 53,462,279 7.38% 3,653,867 2,478,893 47.40% 2,722,823 1,780,886 52.89% Hardware & Lumber Ltd 5,940,599 6,788,162 (12.49%) (295,608) (416,910) 29.10% (225,762) (259,956) 13.15% Jamaica Broilers Group 24,623,315 20,443,685 20.44% 1,003,727 903,515 11.09% 828,063 740,316 11.85% Jamaica Livestock Association 904,493 1,007,685 (10.24%) (186,941) (220,370) 15.17% (232,329) (161,636) (43.74%) Jamaica Money Market Brokers 15,969,623 10,935,216 46.04% 1,544,528 1,254,902 23.08% 1,102,622 1,061,610 3.86% Jamaica Producers Group 6,259,033 3,650,096 71.48% 307,562 (280,026) 209.83% 209,748 (2,856,467) 107.34% Kingston Wharves 2,570,325 2,708,044 (5.09%) 196,035 217,485 (9.86%) 155,080 165,979 (6.57%) Lascelles deMercado & Co. Limited 24,912,339 22,963,136 8.49% 2,866,144 3,543,512 (19.12%) 2,559,024 3,015,131 (15.13%) Mayberry Investments Ltd. 2,283,893 2,705,583 (15.59%) 211,235 356,146 (40.69%) 245,473 469,501 (47.72%) Montego Bay Freeport 423,858 217,316 95.04% 391,409 288,249 35.79% 361,798 284,327 27.25% Montego Bay Ice Co. Limited 33,782 15,906 112.39% 3,393 (125) 2814.40% 664 (15,404) 104.31% National Commercial Bank Jamaica Ltd. 43,721,715 38,296,327 14.17% 13,133,635 10,808,009 21.52% 10,248,185 8,701,173 17.78% NCB Capital Markets Ltd. 9,538,851 7,494,970 27.27% 2,213,363 683,454 223.85% 1,714,737 755,585 126.94% Palace Amusement Ltd 512,922 479,866 6.89% (6,715) 28,349 (123.69%) (5,286) 21,582 (124.49%) Pan Caribbean Financial Services 8,871,529 6,814,826 30.18% 1,959,266 1,834,829 6.78% 1,477,844 1,380,932 7.02% Pan-Jamaican Investment Trust 1,736,014 1,587,111 9.38% 2,115,020 1,699,803 24.43% 1,935,133 1,617,271 19.65% Pegasus Hotels of Jamaica 1,002,775 676,291 48.28% 80,340 63,178 27.16% 55,243 39,015 41.59% Pulse Investments Limited 1,554,791 1,356,745 14.60% 223,199 429,891 (48.08%) 223,199 429,891 (48.08%) Radio Jamaica Ltd 1,606,553 1,518,681 5.79% (98,827) 65,614 (250.62%) (139,975) 41,621 (436.31%) Sagicor Life Jamaica 27,872,526 28,258,936 (1.37%) 5,770,350 5,582,278 3.37% 4,885,565 4,542,251 7.56% Salada Foods Jamaica Limited 432,425 393,802 9.81% 161,838 114,034 41.92% 108,195 75,328 43.63% Scotia DBG Investments Ltd. 3,796,568 2,558,390 48.40% 2,584,256 1,537,636 68.07% 2,128,870 1,239,480 71.76% Scotia Group Jamaica Ltd. 47,160,703 38,364,947 22.93% 15,379,659 13,119,095 17.23% 11,605,459 9,624,057 20.59% Seprod Limited 9,495,060 9,257,660 2.56% 2,185,901 1,435,462 52.28% 1,485,937 938,203 58.38% Supreme Ventures Ltd. 28,167,960 21,204,444 32.84% 1,265,884 1,107,833 14.27% 751,202 645,989 16.29% Total 435,924,490 382,173,443 14.06% 80,627,633 62,907,647 28.17% 62,229,514 47,095,974 32.13%

FirstCaribbean International Bank (W.I.) * 749,549 815,227 (8.06%) 202,182 201,973 0.10% 175,201 179,753 (2.53%) Guardian Holdings Ltd. + 5,323,955 5,245,272 1.50% 493,910 (39,671) 1345.02% (821,027) 240,111 (441.94%) Trinidad Cement Limited + 1,755,837 2,074,428 (15.36%) 84,042 195,892 (57.10%) 94,281 156,319 (39.69%)

* Quoted in United States Dollars US$ + Quoted in Trinidad & Tobago Dollars TT$

JAMAICA STOCK EXCHANGE 49 YEAR BOOK 2009 Monthly Trading Volume

Ordinary Shares January February March April May Berger Paints 88,814 219,368 426,639 519,280 21,800 Cable & Wireless (Jamaica) 3,686,954 12,008,071 3,837,153 20,668,929 36,414,027 Capital and Credit Financial Group 1,013,704 127,477 1,096,180 7,150 1,348,694 Caribbean Cement Company 189,619 345,386 909,776 182,120 595,211 Carreras Limited 698,412 283,621 499,306 322,393 561,746 Ciboney Group 164,030 907,875 600,200 2,218,734 1,481,266 Desnoes & Geddes 635,560 743,725 1,084,635 480,622 1,000,110 First Caribbean International Bank 65,408 0 7,701 81,194 443 First Caribbean International Bank Ja 0 297 0 0 26,663 First Jamaica Investments Ltd. 252,227 76,142 658,913 30,018 13,766 Gleaner Company 925,213 1,317,954 343,906 82,000 1,088,801 Goodyear (Jamaica) Ltd 0 0 0 0 0 GraceKennedy Ltd 445,690 365,656 154,095 99,150 1,232,904 Guardian Holdings Ltd. 0 0 0 8,500 0 Hardware & Lumber Ltd 300 208,287 9,000 500 51,000 Jamaica Broilers Group 1,570,668 2,490,636 5,096,621 4,254,411 4,272,917 Jamaica Money Market Brokers 2,955,168 747,574 681,082 291,424 78,917 Jamaica Producers Group 75,758 1,039,249 529,903 60,385 12,510 Kingston Properties Ltd 100 3,500 0 10,000 43,230 Kingston Wharves 33,869 48,718 46,025 36,101 160,929 Lascelles deMercado 46,172 10,284 1,327 34,406 754 Mayberry Investments Ltd 1,993,037 1,929,006 5,215,567 1,497,423 2,259,079 Montego Freeport Ltd. 135,176 296,046 383,762 6,100 100,000 Montego Bay Ice 1,815 0 0 0 0 National Commercial Bank Ltd. 1,919,502 1,123,465 3,660,962 34,254,848 13,059,187 Palace Amusement Ltd 0 4,100 0 0 0 Pan Caribbean Financial Services 46,515 42,152 789,454 23,844 73,824 Pan-Jamaican Investment Trust 356,633 70,057 423,739 141,794 887,860 Pegasus Hotels 900 10,000 0 930 854 Pulse Investments Ltd. 9,020 100 0 5,000 5,340 Radio Jamaica 80,553 2,173,221 198,732 41,616 9,211 Sagicor Financial Corporation 500 0 0 0 0 Sagicor Life Jamaica 921,928 1,163,382 2,561,586 728,536 2,580,632 Salada Foods 132,064 26,560 66,225 19,460 4,450 Scotia DBG Investments 1,472,024 193,054 1,494,835 198,127 1,039,117 Scotia Group Jamaica 2,516,854 4,916,985 4,837,594 2,887,845 2,565,904 Seprod Limited 109,576 10,548,773 186,277 9,594,345 1,403,500 Supreme Ventures Limited 88,833,606 913,662 431,964,583 2,034,700 11,934,182 Trinidad Cement Ltd. 0 0 0 0 0 Total Ordinary (Monthly) 111,377,369 44,354,383 467,765,778 80,821,885 84,328,828

JAMAICA STOCK EXCHANGE 50 YEAR BOOK 2009 Monthly Trading Volume

(Cont’d.)

June July August September October November December Yearly Total 33,879 9,977 22,834 68,319 34,300 47,409 817,857 2,310,476 2,494,610 7,167,196 28,762,565 33,156,595 3,049,283 17,459,900 2,289,389 170,994,672 175,516 260,130 136,365 1,245,387 1,931,660 552,872 926,333 8,821,468 1,420,917 2,220,016 1,699,847 616,294 465,488 326,529 412,399 9,383,602 210,730 703,278 632,845 1,584,535 216,700 1,885,597 1,823,759 9,422,922 2,003,000 220,000 50,000 92,759 452,405 555,000 8,745,269 1,082,748 1,483,482 263,015 1,613,750 3,676,968 2,364,590 4,602,806 19,032,011 77,191 75,500 25,240 84,900 25,000 22,388 464,965 4,500 8,131 5,112 39,849 2,600 5,160 104,766 197,078 115,044 11,550 149,580 1,081,300 21,983 170,358 125,466 2,706,347 504,396 341,116 2,216,173 755,646 10,585,004 27,707,226 4,266,340 50,133,775 0 983,330 2,167,542 1,557,994 2,216,711 371,425 981,186 770,281 11,345,964 0 4,500 13,000 48,000 1,763 49,000 29,147 0 1,924 54,833 453,754 720,792 18,525,675 8,288,154 15,457,180 1,963,932 5,137,630 8,790,140 76,568,756 443,671 474,440 527,699 180,548 239,973 335,950 196,053 7,152,499 63,241 242,067 130,983 3,428,472 522,450 621,731 7,479,581 14,206,330 161,900 0 3,097,160 60,865 3,376,755 223,428 95,209 177,905 386,263 213,373 78,479 336,765 1,837,064 22,299 825 15,418 459,739 18,174 5,238 2,474 617,110 1,756,438 1,805,337 658,392 1,783,700 2,364,774 783,578 753,400 22,799,731 384,477 212,560 201,146 97,654 37,000 516,269 77,941 2,448,131 15,000 16,815 1,202,034 7,299,620 61,687,449 4,584,197 2,242,021 20,856,133 78,740,902 230,630,320 0 100 0 0 4,200 15,000 343,258 161,276 416,390 37,890 183,858,118 1,124,528 186,932,249 67,459 27,930 850,875 549,479 620,652 817,567 723,043 5,537,088 30,000 63,927 0 145,581 5,481 257,673 0 100,000 3,000 0 1,906,000 2,028,460 53,658 241,878 79,673 1,294,690 539,017 5,878,724 321,936 10,912,909 0 500 1,041,523 1,141,280 1,955,881 858,574 1,205,329 3,116,781 10,003,601 27,279,033 37,029 24,500 16,384 1,800 54,136 13,000 4,542,178 4,937,786 817,839 1,422,213 920,893 2,133,387 133,357 350,588 1,800,930 11,976,364 2,567,387 5,297,275 6,574,453 4,746,045 4,563,167 2,139,874 6,341,992 49,955,375 59,849 1,239,360 396,101 584,350 55,595 428,517 357,188 24,963,431 3,394,164 9,968,126 1,095,537 73,822,292 307,378 23,099,914 3,946,722 651,314,866 300,100 100 100 0 0 300,300 22,438,958 62,912,925 119,529,049 153,331,560 35,654,488 303,265,488 144,298,337 1,630,079,048

JAMAICA STOCK EXCHANGE 51 YEAR BOOK 2009 Monthly Trading Volume

(Cont’d.) Preference Shares January February March April May Bank of Nova Scotia Variable Pref. 14,083 2,667 60,722 13,475 77,319 C & W Ja. 5.5% 0 0 0 0 0 C & W Ja. 6% 0 0 0 0 0 CCMB Limited Var. Pref. 0 3,155 122,277 17,230 776 J.L.A. 7.5% 0 0 0 0 335,501 JMMB 12% 288,471 221,529 0 0 0 JMMB 12.15% 0 0 0 0 0 JMMB 12.25% 532,053 2,187,875 896,006 293,569 217,788 J.P.S 5% C 0 0 0 0 0 J.P.S 5% D 0 0 0 0 0 J.P.S 6% 0 0 0 0 0 J.P.S 7% 0 0 0 0 0 Jamaica Stock Exchange Var. Pref. 154,381 35,000 355,917 172,113 0 0 0 0 0 0 0 0 0 0 0 MIL12% 12,150 121,586 38,097 28,708 791,340 NCB CAP Markets 11.75% 276,660 112,100 185,371 316,889 2,300 P.C.F.S. 12.5% 0 0 0 0 0 Total Preference (Monthly) 1,277,798 2,683,912 1,658,390 841,984 1,425,024

Monthly Total 112,655,167 47,038,295 469,424,168 81,663,869 85,753,852

* includes block transactions

Goodyear Jamaica Limited was delisted on July 20, 2009 Sagicor Financial Corporation was delisted on September 16, 2009 Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009

JAMAICA STOCK EXCHANGE 52 YEAR BOOK 2009 Monthly Trading Volume

(Cont’d.)

June July August September October November December Yearly Total 80,899 106,415 28,842 140,270 67,112 118,145 123,845 833,794 0 0 0 0 0 0 0 0 0 111 0 111 0 8,907 4,760 25,994 52,300 104,500 1,167 341,066 116,418 108,116 1,000 0 0 13,960 0 574,995 105,000 200,000 183,500 0 10,000 47,000 1,667,000 2,722,500 0 24,444 0 0 0 0 24,444 131,718 115,500 111,293 280,440 605,407 15,505,217 469,068 21,345,934 0 0 0 0 0 0 0 0 0 355 0 355 0 0 0 0 0 0 0 0 0 0 0 0 60,200 323,784 89,668 83,233 20,748 29,934 510,809 1,835,787 0 0 0 0 0 0 0 0 0 0 33,949 549,414 59,633 120,290 131,712 1,709 122,159 2,010,747 599,115 394,695 228,756 15,558 25,959 192,500 1,090 2,350,993 0 19,200 19,450 0 0 0 38,650 1,127,299 1,826,031 731,896 685,235 913,238 16,013,431 2,895,138 32,079,376

23,566,257 64,738,956 120,260,945 154,016,795 36,567,726 319,278,919 147,193,475 1,662,158,424

Ordinary Volume (2009 vs 2008)

500,000

450,000

400,000

350,000

300,000

2009 250,000 Volume 2008

200,000 Series 3 Series 4 150,000 Series 5

100,000

50,000

0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Month

JAMAICA STOCK EXCHANGE 53 YEAR BOOK 2009 Monthly Trading Value Ja.$(000)

Ordinary Shares January February March April May Berger Paints 177,882 418,359 775,784 884,722 40,636 Cable & Wireless (Jamaica) 2,085,284 4,791,736 1,602,823 9,148,256 17,224,521 Captial and Credit Financial Group 4,005,440 483,577 4,067,167 28,550 4,110,403 Caribbean Cement Company 757,357 1,403,727 3,174,034 696,582 2,627,056 Carreras Group 27,362,353 13,068,997 19,307,630 12,455,549 22,552,633 Ciboney Group 7,190 45,694 30,010 110,937 78,063 Desnoes & Geddes 2,630,673 2,952,874 4,203,729 1,884,143 3,917,946 First Caribbean International Bank 7,859,776 0 926,040 9,663,255 52,713 First Caribbean International Bank Ja 0 5,940 0 0 532,376 First Jamaica Investments Ltd. 5,373,013 1,767,919 12,868,529 570,357 314,265 Gleaner Company 1,627,634 2,185,267 519,708 127,460 1,690,186 Goodyear (Jamaica) Ltd 0 0 0 0 0 GraceKennedy Ltd 19,710,743 15,490,934 6,221,744 4,116,505 57,568,492 Guardian Holdings Ltd. 0 0 0 2,720,000 0 Hardware & Lumber Ltd 2,703 1,774,647 52,000 2,550 255,100 Jamaica Broilers Group 5,518,343 8,743,437 18,539,979 13,936,220 15,259,738 Jamaica Money Market Brokers 19,075,256 3,276,260 3,837,956 1,747,918 407,960 Jamaica Producers Group 1,337,435 17,420,022 9,634,184 949,500 191,096 Kingston Properties Ltd 465 16,000 0 45,000 184,558 Kingston Wharves 161,621 215,771 151,739 97,837 427,231 Lascelles deMercado 20,406,930 3,403,355 438,607 10,137,179 231,220 Mayberry Investments Ltd. 3,816,792 3,842,023 9,917,601 2,673,349 4,534,465 Montego Freeport Ltd. 222,016 459,124 565,505 9,455 180,000 Montego Bay Ice 29,040 0 0 0 0 National Commercial Bank Ltd. 32,852,565 16,710,885 49,460,277 421,573,532 167,160,858 Palace Amusement Ltd 0 246,000 0 0 0 Pan Caribbean Financial Services 625,151 563,789 9,858,845 311,057 1,070,345 Pan-Jamaican Investment Trust 9,967,055 2,059,851 10,479,479 3,876,179 30,924,041 Pegasus Hotels 15,750 150,000 0 12,555 10,684 Pulse Investments Ltd. 49,580 545 0 25,000 29,050 Radio Jamaica 214,863 5,481,955 451,624 83,864 16,503 Sagicor Financial Corporation 130,000 0 0 0 0 Sagicor Life Jamaica 4,684,911 5,649,500 11,546,156 3,118,842 12,369,357 Salada Foods 1,343,965 292,772 690,975 207,249 47,669 Scotia DBG Investments 17,932,992 2,927,951 19,401,542 2,580,706 13,849,203 Scotia Group Jamaica 41,917,008 76,115,094 75,484,342 45,100,769 42,484,705 Seprod Limited 1,946,686 168,712,070 2,530,824 151,809,425 21,051,160 Supreme Ventures 290,460,519 1,867,455 909,531,235 4,370,942 25,224,699 Trinidad Cement Ltd. 0 0 0 0 0 Total Ordinary (Monthly) 524,308,992 362,543,531 1,186,270,068 705,075,445 446,618,928

JAMAICA STOCK EXCHANGE 54 YEAR BOOK 2009 Monthly Trading Value Ja.$(000)

(Cont’d.)

June July August September October November December Yearly Total 53,789 15,973 36,669 106,139 50,590 53,260 939,358 3,553,163 1,104,248 2,882,444 11,429,578 13,217,551 1,122,538 6,720,656 863,853 72,193,489 719,255 1,030,544 551,656 3,771,334 5,168,886 1,459,816 3,554,461 28,951,089 6,479,827 9,377,833 5,840,698 2,199,933 1,688,709 1,175,155 1,542,442 36,963,354 8,771,956 29,192,516 27,042,961 66,677,581 9,276,894 75,709,180 68,007,676 379,425,925 100,120 8,800 2,000 3,710 25,035 39,600 451,158 4,277,077 5,816,409 1,071,199 6,837,735 13,891,209 8,622,031 15,514,382 71,619,406 0 9,173,946 8,974,750 3,000,570 10,045,685 2,948,750 2,640,521 55,286,005 70,985 116,952 66,480 509,291 33,170 66,016 1,343,484 2,744,694 2,774,871 289,850 3,505,620 28,113,800 577,976 4,737,539 3,487,326 64,381,064 707,997 464,642 3,072,039 1,095,687 13,703,038 32,115,395 5,021,878 62,330,930 0 0 46,785,710 99,850,418 72,102,184 93,992,872 14,644,580 38,595,974 31,403,565 500,483,721 0 947,700 0 3,667,700 261,095 10,578 240,800 143,070 9,080 211,211 2,962,834 2,584,925 67,419,703 33,806,149 65,633,232 8,546,689 22,979,891 41,692,806 304,661,112 2,166,958 2,026,873 2,243,518 732,343 971,592 1,336,076 784,823 38,607,535 948,564 3,424,160 1,933,950 44,725,298 6,767,232 8,700,762 191,099,968 287,132,171 798,400 20,725,472 305,575 22,075,470 673,774 276,835 442,972 891,624 470,318 154,758 847,105 4,811,584 6,860,670 247,500 4,608,082 128,903,410 4,946,220 1,312,897 617,860 182,113,930 3,337,938 3,363,000 1,196,714 3,327,827 4,333,161 1,364,866 1,384,363 43,092,100 784,456 457,916 433,546 186,519 71,250 958,231 141,147 4,469,165 0 0 0 235,000 264,040 15,804,191 95,232,962 839,248,240 59,659,996 29,203,893 303,374,432 1,218,814,763 3,249,096,594 0 6,000 0 0 252,000 228,886 5,324,991 2,182,200 5,496,202 505,070 2,579,612,472 20,544,234 2,626,323,242 2,409,222 935,935 29,015,628 18,307,827 19,680,790 27,694,307 24,808,552 180,158,868 381,576 799,727 0 2,553,943 109,565 4,033,799 0 548,000 16,350 0 10,367,950 11,036,475 94,431 342,556 175,728 2,970,907 1,188,466 12,852,294 623,039 24,496,230 0 130,000 5,031,980 5,545,323 10,235,673 4,542,054 6,690,305 20,990,243 67,463,296 157,867,639 329,290 206,450 149,477 15,508 495,530 153,721 70,017,187 73,949,793 13,582,867 23,298,494 15,050,753 34,488,294 2,232,895 7,946,682 33,974,826 187,267,205 45,251,525 90,627,497 113,455,026 83,416,850 80,600,225 41,513,594 122,170,299 858,136,934 936,594 18,402,846 6,075,001 9,064,427 853,523 7,120,353 6,546,158 395,049,067 6,877,762 21,537,490 2,267,785 149,905,606 631,220 46,055,777 7,887,495 1,466,617,982 16,581,900 5,700 7,200 0 0 16,594,800 197,772,838 497,440,636 1,196,463,875 832,740,914 238,424,914 3,280,586,360 1,955,005,765 11,423,252,267

JAMAICA STOCK EXCHANGE 55 YEAR BOOK 2009 Monthly Trading Value Ja.$(000)

(Cont’d.) Preference Shares January February March April May Bank of Nova Scotia Variable Pref. 15,918 3,477 92,366 19,053 122,053 C & W Ja. 5.5% 0 0 0 0 0 C & W Ja. 6% 0 0 0 0 0 Capital & Credit Merchant Bank Var Pref 0 3,065 217,396 34,977 1,582 J.L.A. 7.5% 0 0 0 0 766,372 J.M.M.B. 12% 622,434 478,503 0 0 0 J.M.M.B. 12.15% 0 0 0 0 0 J.M.M.B. 12.25% 1,244,365 4,921,751 2,023,260 709,780 544,470 J.P.S 5% C 0 0 0 0 0 J.P.S 5% D 0 0 0 0 0 J.P.S 6% 0 0 0 0 0 J.P.S 7% 0 0 0 0 0 Jamaica Stock Exchange Var Pref 324,698 73,500 781,258 394,730 0 Lascelles deMercado & Co. 15% 0 0 0 0 0 Lascelles deMercado & Co. 6% 0 0 0 0 0 Mayberry Investments Ltd. 12% 35,235 288,665 82,683 64,593 2,370,469 NCB CAP Markets 11.75% 771,759 306,043 486,556 795,418 6,296 P.C.F.S. 12.5% 0 0 0 0 0 Total Preference (Monthly) 3,014,408 6,075,003 3,683,519 2,018,551 3,811,242

Monthly Total 527,323,400 368,618,534 1,189,953,588 707,093,996 450,430,171

*includes block transaction

Goodyear Jamaica Limited was delisted on July 20, 2009 Sagicor Financial Corporation was delisted on September 16, 2009 Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009

JAMAICA STOCK EXCHANGE 56 YEAR BOOK 2009 Monthly Trading Value Ja.$(000)

(Cont’d.)

June July August September October November December Yearly Total 127,890 166,761 36,047 179,409 82,854 150,975 141,122 1,137,923 0 0 0 0 0 0 0 59 0 59 0 18,081 9,673 46,799 91,640 176,575 1,809 601,596 283,706 259,478 2,400 0 33,504 0 1,345,460 229,930 444,000 412,875 22,500 106,220 3,785,490 6,101,951 0 76,310 0 0 0 76,310 329,295 268,865 264,703 682,447 1,613,504 44,647,041 1,179,271 58,428,752 0 0 0 0 0 0 0 124 0 124 0 0 0 0 0 0 0 0 0 0 152,020 770,823 180,233 171,547 42,741 65,855 1,037,855 3,995,260 0 0 0 0 0 0 0 0 0 0 104,902 1,554,038 148,968 322,429 333,084 4,700 342,045 5,651,812 1,621,498 1,100,000 627,848 40,706 69,363 516,780 2,943 6,345,209 0 3,648,000 3,793,750 0 0 0 7,441,750 2,849,240 8,230,047 1,759,055 5,237,088 2,255,685 45,701,832 6,490,535 91,126,207

200,622,079 505,670,683 1,198,222,930 837,978,003 240,680,599 3,326,288,192 1,961,496,299 11,514,378,474

Ordinary Value (2009 vs 2008)

4,100,000

3,600,000

3,100,000

2,600,000

2009 2,100,000 2008 Value($)

1,600,000

1,100,000

600,000

100,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Month

JAMAICA STOCK EXCHANGE 57 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 58 YEAR BOOK 2009 Understanding Terms and References

he policy used to guide the process of compiling statistics relating to each company requires that the data be Tarranged to mirror the published accounts of the respective company. The statistics are based on the audited financial statements of the companies under review. The figures given for the highest and lowest (share prices) relate to the highest and lowest prices for the calendar year. The closing stock price relates to closing price at the company's year-end.

The Jamaica Stock Exchange's Year Book is intended to be a general reference book and does not, by itself, provide answers to all the questions which should be asked about shares and their prospects. Detailed evaluation of a particular company should not be made without consulting a stockbroker or investment advisor.

International Securities Identification Number (ISIN) appears beside the name of each listed company. These numbers uniquely identify the securities internationally.

1. Shareholders' Equity includes share capital, which takes into account preference share, revenue and capital reserves, but excludes minority interest. 2. Return on Equity is calculated based on average capital (average of capital at beginning of year and capital at year-end) in use for the year, including preference stock. 3. Gearing debt includes interest bearing debts only, for example, bank loans, overdraft and long term liabilities. 4. After Tax Profits represent profit after taxation as reported by the annual reports of the listed companies. 5. Price Earnings Ratio is calculated using closing stock price at the companies' financial year end. 6. Earnings Per Share (EPS) reflects EPS as reported by companies. EPS and closing price per share are quoted in Jamaican dollars, except for First Caribbean International Bank (FCIB); Guardian Holdings Ltd., Trinidad Cement Ltd. and RBTT, where the quotations are in Barbados or TT dollars, except for closing stock which is in Jamaican dollars. 7. Operating Profit Margin is calculated using Turnover and Pre-tax Profit as reported in the financial statements of the listed companies. 8. Balance Sheet and Profit and Loss figures are quoted in thousands. 9. Previously published financial data, which is included in this report, may reflect adjustments made subsequent to publication. 10. The Jamaica Stock Exchange relies on the listed companies for information to ensure the accuracy of the book's content. Where information, such as telephone numbers or corporate data, is not received on time for publication, data in the previous year's publication is utilized or the information is omitted. LEGEND: n/a = Figures were not made available for publication. * = Re-stated * = Company was de-listed

ACKNOWLEDGEMENT

The Jamaica Stock Exchange Year Book is an annual publication of the Jamaica Stock Exchange. It is distributed free of cost to local and international investors. We are grateful to all our advertisers for their consistent support. The teams behind the publication are:

Marketing & Communications Market Operations & Trading Neville Ellis - Snr. Marketing Officer Riccalya Robb – Trading Officer Michael Johnson - Marketing Officer Robyn-Kay Deleon – Trading Assistant Davia Eastman – Marketing Assistant Charlette Eddie-Nugent - Communications Assistant

Marlene Street-Forrest General Manager Robin Levy Deputy General Manager

JAMAICA STOCK EXCHANGE 59 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 60 YEAR BOOK 2009 CORPORATE INFORMATION AND FINANCIAL DATA

Access Financial Services Ltd (AFS JMP )

Financial Year End December 31

Board of Directors Brian Goldson (Chairman); Marcus James (CEO); Gary Peart (Company Secretary) Christopher Berry; Alexander Johnson

Secretary Gary Peart

Registrar & Jamaica Central Securities Depository Ltd. Transfer Agent 40 Harbour Street, Kingston

Principal Activities A provider of micro, small and medium sized business loans and personal loans. The Company also offers hire purchase facilities, as well as remittance, cambio and bill payment services. Website: www.accessfinanceonline.com

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 27,451 68,800

Shareholders' Equity 273,794 114,882 Long Term Liability 1,041 Gearing Debt 308,060 301,686 Current Assets 477,044 294,660 Current Liabilities 334,686 325,103

PROFIT & LOSS (000) Turnover 299,284 220,841 % incr. over prior yr 35.52 Pre-tax Profit 84,750 51,154 % incr (decr.) over prior yr. 65.68 Aftertax Profit (Loss) 65,999 32,874 % incr. over prior yr. 100.76 Extraordinary items

IMPORTANT RATIOS Debt/Equity 1.13 2.63 Current Ratio 1.43 0.91 Return on Equity 33.96 Operating Profit (Loss) Margin 28.32 23.16 Earnings Per Share 2.88 1.50 Closing Stock Price 27.51 P.E. Ratio 9.55

*Restated JAMAICA STOCK EXCHANGE 61 YEAR BOOK 2009 Bank of Nova Scotia (Ja.) Ltd. (BNSJ JMP191761098)

Financial Year End October 31

Board of Directors Robert H. Pitfield (Chairman); Hon. Mayer Matalon, O.J. (Deputy Chairman); Bruce Bowen (President & CEO) Barbara Alexander ; Anthony Chang; Muna Issa (resigned effective July 19, 2010); Jeffrey Hall Pasquale Minicucci; Charles Johnston; Warren McDonald; Dr. Herbert Thompson; Professor Stephen Vasciannie Richard Waugh

Secretary Julie Thompson-James

Registrar & Scotia Jamaica Investment Management Ltd. Transfer Agent 4th Floor, Scotiabank Centre Cnr. Duke & Port Royal Streets, P.O. Box 627, Kingston

Subsidiaries Scotia Jamaica Life Insurance Company Ltd.; The Scotia Jamaica Building Society Scotia Jamaica Financial Services Ltd.; Brighton Holdings Ltd.

Principal Activities Commercial and merchant banking and trust company operations

Website: www.scotiabank.com.jm

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 100,000 100,000 100,000 2,927,232 2,927,232 1,463,616

Shareholders' Equity 38,170,121 31,717,204 27,802,325 27,389,555 23,524,953 20,605,017* Total Assets 242,448,272 214,461,164 205,207,502 199,840,115* 183,460,578* 168,167,649 * Deposits 152,724,668 138,610,153 127,874,460 113,279,538 107,546,636* 98,810,819 Loans 90,033,247 86,675,776 74,589,271 60,189,926 * 86,892,092* 78,500,762 Investments 72,420,141 55,093,573 58,723,425 47,906,955 * 41,046,175* 35,078,821

PROFIT & LOSS (000) Turnover 37,335,830 31,562,923 28,309,989 27,046,527 25,007,701 25,312,785* % incr. over prior yr 18.29 11.49 4.67 8.15 (1.21) 28.56 Pre-tax Profit 12,970,595 11,816,466 9,611,820 9,315,624 8,329,812 8,172,633 % incr. over prior yr. 9.77 22.94 3.18 11.83 1.92 11.84 Aftertax Profit 9,651,781 8,619,584 6,850,617 6,798,908 5,885,586 5,856,057 % incr. over prior yr. 11.98 25.82 0.76 15.52 0.50 7.32 Exceptional Items ------

IMPORTANT RATIOS Return on equity 27.62 28.96 24.82 26.71 26.67 30.61 Asset Growth 13.05 4.51 2.69 8.93 9.09 13.89 Deposit Growth 10.18 8.40 12.88 5.33 8.84 13.49 Loan Growth 3.87 16.20 23.92 -30.73 10.69 19.58 Loan & Investment Growth 14.59 6.34 23.33 -15.51 12.64 17.78 Return on Assets 3.98 4.02 3.34 3.40 3.21 3.48 Operating Profit Margin 34.74 37.44 33.95 34.44 33.31 32.29 Earnings Per Share 2.32 2.01 2.00 Closing Stock Price 1.20 1.12 1.35 22.10 21.14 25.26 P.E. Ratio 9.53 10.52 12.63 *Restated JAMAICA STOCK EXCHANGE 62 YEAR BOOK 2009 Berger Paints (Ja.) Limited (BRG JMP165551079)

Financial Year End December 31

Board of Directors Jalaj Dani (Chairman); Warren McDonald (Managing Director); Pokar Chandiram; Michael Fennell Milton Samuda; Gokul Manjeshwar; Newton Abrahams

Secretary Huron Gordon

Registrar & 41B Half Way Tree Road Transfer Agent Kingston 5

Principal Activities Manufactures and distributes of industrial and decorative paints and paint related material

Website: bergercaribbean.com

Financial Data

2009+ 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 214,322 214,322 214,322 214,322 214,322 214,322

Shareholders' Equity 458,036 404,098 433,346 424,361 428,538 418,270 Long Term Liability 105,253 95,114 89,574 78,674 67,336 52,566 Gearing Debt 0 0 0 0 0 0 Current Assets 527,802 687,594 673,698 587,890 557,415 530,184 Current Liabilities 243,884 481,120 415,094 316,604 257,424 213,271

PROFIT & LOSS (000) Turnover 1,829,255 1,527,014 1,454,602 1,286,955 1,174,469 1,107,405 % incr. over prior yr 19.79 4.98 13.03 9.58 6.06 8.96 Pre-tax Profit 95,416 21,479 76,594 53,075 97,715 105,376 % incr (decr.) over prior yr. 344.23 (71.96) 44.31 (45.68) (7.27) (15.66) Aftertax Profit (Loss) 74,099 15,560 47,363 38,487 65,791 67,017 % incr. over prior yr. 376.21 (67.15) 23.06 (41.50) (1.83) (18.04) Extraordinary items

IMPORTANT RATIOS Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 Current Ratio 2.16 1.43 1.62 1.86 2.17 2.49 Return on Equity 17.19 3.72 11.04 9.02 15.54 16.07 Operating Profit (Loss) Margin 5.22 1.41 5.27 4.12 8.32 9.52 Earnings Per Share 0.35 0.07 0.22 0.18 0.31 0.31 Closing Stock Price 2.68 2.00 3.00 4.20 3.78 5.67 P.E. Ratio 7.66 28.57 13.64 23.33 12.19 18.29 *Reclassified +Berger Paints Limited financial year end changed from Dec 31 to Mar 31, therefore the results used was for the 15 month period ended March 31, 2010

JAMAICA STOCK EXCHANGE 63 YEAR BOOK 2009 Cable & Wireless (Ja.) Ltd. (CWJA JMP192311026)

Financial Year End March 31

Board of Directors Christopher Dehring (Chairman); Andrew Cocking; Geoff Houston (Country Manager); Leonardo de Barros Mark Kerr-Jarrett JP; Hon. Patrick Rousseau, OJ; Ken McFayden; David Shaw (CEO LIME Caribbean) Camille Facey (Senior Vice President, Legal Regulatory & Public Policy/Company Secretary)

Secretary Camille Facey

Registrar & Duke Corporation Limited, Penthouse, Scotiabank Centre Transfer Agent Cnr. Duke & Port Royal Streets, Kingston

Subsidiaries Jamaica Digiport International Limited

Principal Activities Provision of international and domestic telecommunication services

Website: www.cwjamaica.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 16,817,440 16,817,440 16,817,440 16,817,440 16,817,440 16,817,440

Shareholders' Equity 15,387,416 14,695,499 20,321,828 19,497,937 19,164,960 17,067,619 Long Term Liability 285,951 3,421,455 222,515 219,501 563,957 1,441,477 Gearing Debt 302,163 4,170,494 3,277,030 605,228 929,455 3,589,475 Current Assets 5,692,429 5,643,395 7,805,406 6,608,609 6,341,464 6,604,777 Current Liabilities 6,642,511 6,589,605 8,978,982 5,834,551 6,691,888 15,990,918

PROFIT & LOSS (000) Turnover 16,370,138 16,046,854 18,004,306 16,700,281 17,257,383 18,576,773 % incr. over prior yr 2.01 (10.87) 7.81 (3.23) (7.10) (12.26) Pre-tax Profit (369,555) (7,216,382) 3,137,299 2,645,109 * 3,100,226 (8,195,078) % incr. over prior yr. 94.88 (330.02) 18.61 (14.68) 137.83 (406.96) Aftertax Profit (302,825) (4,194,698) 2,053,766 1,922,561 * 2,281,134 (5,381,056) % incr. over prior yr. 92.78 (304.24) 6.82 (15.72) 142.39 (393.85)

IMPORTANT RATIOS Debt/Equity 0.02 0.28 0.16 0.03 0.05 0.21 Current Assets Ratio 0.86 0.86 0.87 1.13 0.95 0.41 Return on Equity (2.01) (23.96) 10.32 9.95 12.59 (26.53) Operating Profit Margin (2.26) (44.97) 17.43 15.84 17.96 (44.11) Earnings Per Share (0.02) (0.25) 0.12 0.11* 0.14 (0.32) Closing Stock Price 0.45 0.78 0.99 1.20 1.55 0.98 P.E. Ratio (25.00) (3.12) 8.25 10.91 11.48 (3.06) *Restated

JAMAICA STOCK EXCHANGE 64 YEAR BOOK 2009 Capital & Credit Merchant Bank (CCMB JMP200871052)

Financial Year End December 31 Board of Directors Ryland T. Campbell (Chairman/Group President & CEO); Curtis A. Martin (Deputy Group President & CEO- Banking & Investment Services); Andrew Cocking (Deputy Group President & CEO- International Business); Maria Jones (Chief Executive Officer- Management Institute for National Development); Kelvin St. Clair Roberts (Chartered Accountant); Gregory B Shirley; Patrick Thelwell; Carlton Earl Samuels (Managing Director, NHT); Trudy-Ann Bartley Thompson (Company Secretary)

Secretary Trudy-Ann Bartley Thompson

Registrar & Veritat Corporation - 6 Duke Street, Kingston Transfer Agent KPMG Trinidad (Sub Registrar) Scotia Centre - 55-58 Richmond Street, Port of Spain, Trinidad & Tobago Subsidiary & Capital & Credit Securities Ltd. Capital & Credit Fund Managers Ltd. Affiliatesd Companies Capital & Credit International Inc.

Principal Activities Taking deposits, granting loans and trading in foreign exchange and Government securities

Website: www.capital-credit.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 641,160 641,160 641,160 588,800*

Shareholders' Equity 5,625,849 5,046,367 * 5,762,004 5,448,874 4,659,103 3,026,886 Total Assets 43,674,863 46,834,750 * 54,347,549 52,801,207 52,953,244 58,959,823 Deposits 8,336,639 9,378,051 7,670,991 5,683,937 4,821,355 4,522,026 Loans 6,957,451 7,557,891 6,404,421 * 3,919,943 2,643,783 2,630,935 Investments 10,755,360 11,008,285 19,062,910 44,710,750 47,227,433 46,057,868

PROFIT & LOSS (000) Turnover 6,059,048 5,667,008 5,472,222 6,069,800 5,888,334 5,295,371 % incr. (decr.) over prior yr 6.92 3.56 (9.85) 3.08 11.20 28.29 Pre-tax Profit 347,762 517,283 * 534,806 921,938 1,338,542 978,259 % incr. (decr.) over prior yr. (32.77) (3.28) (41.99) (31.12) 36.83 76.34 Aftertax Profit 342,706 453,402 446,483 771,882 1,157,223 865,319 % incr. (decr.) over prior yr. (24.41) 1.55 (42.16) (33.30) 33.73 85.98

IMPORTANT RATIOS Return on Equity 6.42 8.39 7.97 15.27 30.11 33.83 Asset Growth (6.75) (13.82) 2.93 (0.29) (10.19) 41.68 Deposit Growth (11.10) 22.25 34.96 17.89 6.62 109.88 Loan Growth (7.94) 18.01 63.38 48.27 0.49 43.80 Loan & Investment Growth (4.60) (27.10) (47.63) (2.49) 2.43 25.32 Return on Assets 0.78 0.97 0.82 1.46 2.19 1.47 Operating Profit (Loss) Margin 5.74 9.13 9.77 15.19 22.73 18.47 Earnings per share 0.52 0.70 0.69 1.20 1.96 1.47 Closing Stock Price 1.55 1.80 18.50 18.50 22.50 32.00 P.E. Ratio 2.98 2.57 26.81 15.42 11.48 21.77

Capital and Credit Merchant Bank ordinary shares were delisted on May 14, 2008 and its preference shares were listed on May 15, 2008

JAMAICA STOCK EXCHANGE 65 YEAR BOOK 2009 Capital and Credit Financial Group (CCMB JMP200871052)

Financial Year End December 31 Board of Directors Ryland T. Campbell (Chairman/Group President & CEO); Curtis A. Martin (Deputy Group President) Andrew Cocking (Deputy Group President); Maria Jones (Chief Executive Officer- Management Institute for National Development); Kelvin St. Clair Roberts (Chartered Accountant); E. Carroll Thorburn (Chartered Accountant) Gregory B Shirley; Audrey Deer Williams; Patrick Thelwell; Carlton Earl Samuels Trudy-Ann Bartley Thompson (Company Secretary)

Secretary Trudy-Ann Bartley Thompson

Registrar & Veritat Corporation - 6 Duke Street, Kingston Transfer Agent KPMG Trinidad (Sub Registrar) Scotia Centre - 55-58 Richmond Street, Port of Spain, Trinidad & Tobago Subsidiary & Capital & Credit Securities Ltd. Capital & Credit Fund Managers Ltd. Affiliatesd Companies Capital & Credit Merchant Bank Limited. Capital & Credit Remittance Limited

Principal Activities Taking deposits, granting loans and trading in foreign exchange and Government securities

Website: www.capital-credit.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 927,566 927,566 *

Shareholders' Equity 5,730,916 5,191,777 * 4,475,606 Total Assets 43,755,222 47,018,831 * 54,841,228 Deposits 8,335,744 9,377,986 7,667,834 Loans 6,833,886 7,626,062 6,523,850 Investments 10,823,479 11,084,670* 19,359,074

PROFIT & LOSS (000) Turnover 4,161,653 4,163,780 4,077,034 % incr. (decr.) over prior yr (0.05) 2.13 Pre-tax Profit 287,751 449,543 * 417,670 % incr. (decr.) over prior yr. (35.99) 7.63 Aftertax Profit 290,639 389,495 * 348,184 % incr. (decr.) over prior yr. (25.38) 11.86

IMPORTANT RATIOS Return on Equity 5.32 8.06 Asset Growth (6.94) (14.26) Deposit Growth (11.11) 22.30 Loan Growth (10.39) 16.90 Loan & Investment Growth (5.63) (27.71) Return on Assets 0.66 0.83 Operating Profit (Loss) Margin 6.91 10.80 Earnings per share 0.31 0.38 * 0.25 Closing Stock Price 4.41 5.28 P.E. ratio 14.23 13.89

JAMAICA STOCK EXCHANGE 66 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 67 YEAR BOOK 2009 Caribbean Cement Company (CCC JMP210961059)

Financial Year End December 31

Board of Directors Brian Young, F.C.A. (Chairman); Rollin Bertrand, Ph.D (Group CEO); Hollis Hosein F.C.C.A., C.A. Judith Robinson, F.C.C.A., Ph.D.; Paul Stockhausen, B.Eng.; Bevon Francis; Derek Jones

Secretary Shaun Lawson-Laing

Registrar & Pan Caribbean Merchant Bank Limited Transfer Agent 60 Kuntsford Boulevard, Kingston 5 (Effective 15/12/06)

Subsidiaries Jamaica Gypsum & Quarries Ltd; Harbour Head Rockfort Mineral Bath Complex Ltd.; Rockfort Caribbean Gypsum Company Ltd, Rockfort

Principal Activities Manufacture and sale of Portland cement and the winning and sale of gypsum.

Website: www.caribcement.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 851,137 851,137 851,137 851,137 851,137* 851,137

Shareholders' Equity 3,240,096 3,458,584 3,155,921 2,747,573 2,784,182 2,771,121 Long Term Liability 3,178 6,117 7,897 12,288 10,248 9,315 Gearing Debt 6,078 42,299 74,154 161,676 132,724 98,134 Current Assets 3,425,499 3,478,903 2,194,750 2,131,216 1,732,082* 1,517,678 Current Liabilities 3,473,008 3,470,851 1,740,937 2,080,248 1,785,343* 1,399,013

PROFIT & LOSS (000) Turnover 8,869,260 8,805,293 7,847,307 6,730,968 5,999,295 5,452,759 % incr. over prior yr. 0.73 12.21 16.59 12.20 10.02 35.75 Pre-tax Profit (Loss) (241,028) 571,932 659,672 58,809 215,451 859,012 % incr. (decr.) over prior yr. (142.14) (13.30) 1021.72 (72.70) (74.92) 35.86 Aftertax Profit (Loss) (144,512) 416,438 522,123 77,166 168,927 842,361 % incr. (decr.) over prior yr. (134.70) (20.24)576.62 (54.32) (79.95) 85.18 Exceptional Item ------Extraordinary Item ------

IMPORTANT RATIOS Debt/Equity Ratio 0.00 0.01 0.02 0.06 0.05 0.04 Current Assets Ratio 0.99 1.00 1.26 1.02 0.97 1.08 Return on Equity -4.31 12.59 17.69 2.79 6.08 34.57 Operating (Loss) Profit Margin (2.72) 6.50 8.41 0.87 3.59 15.75 Earnings (Loss) Per Share (0.17) 0.49 0.61 0.09 0.20 0.99 Closing Stock Price 4.00 3.95 9.75 9.64 9.50 12.90 P.E. Ratio (23.53) 8.06 15.98 107.11 47.50 13.03 *Restated JAMAICA STOCK EXCHANGE 68 YEAR BOOK 2009 Carreras Group Limited (CAR JMP213891048)

Financial Year End March 31

Board of Directors Christopher Burton (Chairman); Michael Bernard (Managing Director); William McConnell; Oliver Holmes Leonardo Morales (resigned effective July 19, 2010); Trevor Patterson; Patrick Smith (resigned effective February 9, 2010); Marcus Steele; Bruce Terrier; Federico Jenkins (appointment effective February 9, 2010); Alan Davy (appoinment effective July 20, 2010)

Secretary Marcus Steele

Registrar & N.C.B. Jamaica (Nominees) Limited Transfer Agent 32 Trafalgar Road, Kingston 10

Principal Activities Manufacturing distribution and marketing

Website: www.bat.com or www.batcca.com

Email: [email protected] [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 485,440 485,440 485,440 485,440 485,440 485,440

Shareholders' Equity 3,472,034 7,768,667 6,642,746 6,315,453 7,666,781* 13,992,418 Long Term Liability 0 0 0 0 0 0 Gearing Debt 0 0 0 0 0 0 Current Assets 4,670,052 8,836,628 8,861,463 10,304,333 8,166,199 11,421,194 Current Liabilities 2,784,422 2,373,418 1,789,508 4,163,469 2,267,543 1,746,898 Minority Interests 4,800 14,601 13,599 13,569 16,590 15,307

PROFIT & LOSS (000) Turnover 10,923,530 9,037,241 7,005,159 6,955,087 6,604,902 5,942,333 % incr. over prior yr 20.87 29.01 0.72 5.30 11.15 19.51 Pre-tax Profit 5,228,696 5,827,735 4,037,883 4,146,834 3,534,761 4,052,979 % incr. over prior yr. (10.28) 44.33 (2.63) 17.32 (12.79) (3.42) Aftertax Profit 3,528,444 4,000,020 2,766,915 3,033,553 2,459,194 2,849,685 % incr. over prior yr. (11.79) 44.57 (8.79) 23.36 (13.70) (15.05) Exceptional Items - - - - - (85,245) Extrordinary item - - - - -

IMPORTANT RATIOS Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets Ratio 1.68 3.72 4.95 2.47 3.60 6.54 Return on Equity 62.78 55.51 42.71 43.39 22.71 20.64 Operating Profit Margin 47.87 64.49 57.64 59.62 53.52 68.21 Earnings Per Share 7.27 8.24 5.69 6.24 5.06 5.86 Closing Stock Price 37.76 73.51 49.61 34.40 36.00 48.50 P.E. Ratio 5.19 8.92 8.72 5.51 7.11 8.28

JAMAICA STOCK EXCHANGE 69 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 70 YEAR BOOK 2009 Ciboney Group Limited (CBNY JMP283451095)

Financial Year End May 31

Board of Directors Robert Stephens; Geoffrey Messado; Michael Campbell; Errol Campbell (Chairman) Sharon Burke (Company Sec.)

Secretary Sharon Burke

Registrar & KPMG Regulatory & Compliance Services Transfer Agent The Victoria Mutual Building, 6 Duke Street, Kingston

Subsidiaries Ciboney Hotels Limited; Ciboney Proprietors Limited; Leisure Operators Limited; Luxury Resorts Enterprises Limited

Principal Activities Resorts Investments

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 546,000 546,000 546,000 546,000 546,000 546,000

Shareholders' Equity (21,965) (22,980) (19,530) (14,750) (25,132) (10,081) Long Term Liability 0 0 0 0 342,975 559,846 Gearing Debt 0 0 0 0 560,846 821,134 Current Assets 105,777 105,150 110,340 114,005* 331,750 359,830 Current Liabilities 127,743 128,130 129,902 128,848 613,523 567,346

PROFIT & LOSS (000) Turnover 0 0 0 0 0 78,421 % incr. over prior yr. (100.00) (32.02) Pre-tax Profit/(Loss) 4,781 (3,381) (3,203) 11,046 (10,829) 350,775 % incr. (decr.) over prior yr. 241.41 (5.56) (129.00) 202.00 (103.09) 744.71 After-tax Profit/(Loss) 1,015 (3,449) (4,781) 10,382 (15,051) 350,775 % incr. (decr.) over prior yr. 129.43 27.86 (146.05) (168.98) (104.29) 744.57 Exceptional Items ------Minority Interest - - - - - 68,364

IMPORTANT RATIOS Debt/Equity 0.00 0.00 0.00 0.00 (22.32) (81.45) Current Assets Ratio 0.83 0.82 0.85 0.88 0.54 0.63 Return on Equity (4.89) 18.28 48.96 (52.06) 85.49 (185.40) Operating Profit (Loss) Margin N/A N/A N/A N/A N/A 447.30 Earnings (Loss) Per Share 0.19 (0.63) (0.87) 0.02 (0.03) 0.06 Closing Stock Price 0.07 0.05 0.03 0.05 0.08 0.10 P.E. Ratio 0.37 (0.08) (0.03) 2.63 (2.86) 1.56

*Restated

JAMAICA STOCK EXCHANGE 71 YEAR BOOK 2009 Scotia DBG Investments Ltd (SDBG JMP345601059)

Financial Year End March 31

Board of Directors Anya Schnoor (Chief Executive Officer); Bruce Bowen; Barbara Alexander; Anthony Chang; Muna Issa (resigned effective July 19, 2010); Angela Fowler; Anthony Woodward; Dr. Anna Law; Phillip Martin; Julie Thompson-James; Professor Stephen Vasciannie (Chairman)

Secretary Julie Thompson-James

Registrar & Duke Corporation Limited Transfer Agent 7th Floor, Scotia Centre, Corner Duke & Port Royal Streets, Kingston

Subsidiaries Scotia DBG Fund Managers Inc; Scotia DBG Fund Managers Limited; Scotia DBG Merchant Bank Limited Scotia Jamaica Investment Management Limited; Billy Craig Investments Limited; Asset Management Company Limited Interlink Investments Limited; DB&G Corporate Services Limited Principal Activities The provision of corporate finance, investment and advisory services.

Website: www.scotiadbg.com

Email: [email protected] Financial Data

2009 2008 2007 2007 2006 2005 7 MONTHS 12 MONTHS BALANCE SHEET (000) No. of Shares issued 423,195 423,195 423,195 309,258 303,194 290,385

Shareholders' Equity 7,686,992 5,771,904 5,950,438 4,408,106 3,563,174 2,122,312* Total Assets 74,010,727 65,996,518 56,352,603 37,749,263 30,572,360 28,422,734* Deposits 2,644,024 3,647,923 3,048,121 2,614,104 2,452,666 2,087,583 Loans 2,726,008 3,406,966 3,466,685 3,741,177 3,330,433 2,421,195 Investments 825,782 619,939 2,225,840 20,184,987 17,726,996 19,267,078*

PROFIT & LOSS (000) Turnover 3,796,568 2,558,390 716,451 4,228,618 4,157,027 4,069,059* % incr. (decr.) over prior yr 48.40 257.09 -83.06 1.72 2.16 (10.39) Pre-tax Profit 2,584,256 1,537,636 457,487 700,102 886,429 810,953 % incr. (decr.) over prior yr. 68.07 236.10 (34.65) (21.02) 9.31 48.09 Aftertax Profit 2,128,870 1,239,480 686,295 702,955 882,319 802,642 % incr. (decr.) over prior yr. 71.76 80.60 (2.37) (20.33) 9.93 49.03 Exceptional items - - - -

IMPORTANT RATIOS Return on Equity 31.64 21.15 13.25 17.64 31.04 45.85 Asset Growth 12.14 17.11 49.28 23.48 7.56 20.17 Deposit Growth (27.52) 19.68 16.60 6.58 17.49 95.66 Loan Growth (19.99) (1.72) (7.34) 12.33 37.55 59.66 Loan & Investment Growth (11.80) (29.26) (76.21) 13.62 -2.91 15.36 Return on Assets 2.88 1.88 1.22 1.86 2.89 2.82 Operating Profit (Loss) Margin 68.07 60.10 63.85 16.56 21.32 19.93 Earnings per share 5.03 2.93 1.83 2.27 2.91 2.76 Closing Stock Price 17.50 22.00 23.02 24.90 18.20 22.50 P.E. Ratio 3.48 7.51 12.58 10.97 6.25 8.15 *Restated In 2007, DBG year end was changed to October 31 and as a result the financial data is provided for the twelve months ended March 31, 2007 and the seven months ended October 31, 2007 JAMAICA STOCK EXCHANGE 72 YEAR BOOK 2009 Desnoes & Geddes Ltd. (DG JMP350801032)

Financial Year End June 30

Board of Directors Richard Byles (Chairman); Alan Barnes (Managing Director); Allan Hood; Noel DaCosta (Corporate Relations Director); Andrew Jones; Damien King; Peter Karl Melhado; Richard William T. Coe; Lisa A. Soares-Lewis; Patrick Van Schie; Harrish McDonald

Secretary Gene M. Douglas

Registrar & NCB Jamaica (Nominees) Limited Transfer Agent 32 Trafalgar Road, Kingston 5

Subsidiaries D & G Wines Limited (in liquidation); Jamaica Metal Lithographers Limited (in liquidation) Foods of Jamaica (Export) Limited; Red Stripe Brewing Company Limited (Formerly GJL Limited)

Principal Activities Brewing, Blending and distributing beers and stouts.

Website: www.redstripebeer.com

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 2,809,171 2,809,171 2,809,171 2,809,171 2,174,980 1,404,586

Shareholders' Equity 6,246,636 6,332,871 6,537,303 * 4,784,763 4,147,944 4,334,801 Long Term Liability ------Gearing Debt 733,608 679,108 - - - 2,277 Current Assets 3,183,767 2,751,532 2,463,091 2,476,515 2,483,271* 1,895,345 Current Liabilities 2,992,255 2,876,658 2,214,262 1,536,507 1,737,859* 1,108,633

PROFIT & LOSS (000) Turnover 13,447,889 12,488,766 11,313,276 10,114,372 9,135,115 7,866,540 % incr. (decr.) over prior yr. 7.68 10.39 11.85 10.72 16.13 14.91 Pre-tax Profit (Loss) 2,211,441 1,670,350 2,093,226 * 2,324,401 2,503,442* 1,860,864 % incr. (decr.) over prior yr. 32.39 (20.20) (9.95) (7.15) 34.53 27.49 Aftertax Profit (Loss) 1,551,323 1,042,449 1,408,540 * 2,211,847 2,353,054 1,552,958 % incr. (decr.) over prior yr. 48.82 (25.99) (36.32) (6.00) 51.52 16.93 Extraordinary/Except. items Exceptional Items ------

IMPORTANT RATIOS Debt/Equity Ratio 0.12 0.11 0.00 0.00 0.00 0.00 Current Assets Ratio 1.06 0.96 1.11 1.61 1.43 1.71 Return on Equity 24.66 16.20 24.88 49.52 113.46 35.32 Operating (Loss) Profit Margin 16.44 13.37 18.50 22.98 27.40 23.66 Earnings (Loss) Per Share 0.55 0.37 0.51 0.79 0.83 0.55 Closing Stock Price 4.00 7.15 7.05 7.79 9.50 6.90 P.E. Ratio 7.27 19.32 13.82 9.89 11.45 12.55

* Restated # Reclassified to reflect a comparison between the 18 mnths ending Jun '98 vs. 12 mnths ending Dec '96

JAMAICA STOCK EXCHANGE 73 YEAR BOOK 2009 First Caribbean International Bank (FCIB)

Financial Year End October 31

Board of Directors Michael Kelvin Mansoor ( Executive Chairman); John D Orr (Chief Executive Officer/Managing Director) Sonia Baxendale; Sir Fred Winlyn Gollop; Richard Nesbitt; David Ritch; G. Diane Stewart; Thomas Woods J David Williamson; Paula Rajkumarsingh; Sir Allan Clifford Fields; Ella N. Hoyos (Company Secretary)

Secretary Ella N. Hoyos

Registrar & FirstCaribbean International Trust and Merchant Bank (Barbados) Limited Transfer Agent P.O. Box 503, Rendezvous Christ Church, Kingston 5

Subsidiaries First Caribbean International Bank Limited (Barbados); First Caribbean International Wealth Management Bank (Barbados) Limited; First Caribbean International Bank (Bahamas) Limited; First Caribbean International Finance Corporation (Bahamas) Limited, First Caribbean International (Bahamas) Nominees Company Limited; First Caribbean International Land Holdings (TCI) Limited (Turks & Caicos Islands); First Caribbean International Bank (Barbados) Limited; First Caribbean International Finance Corporation (Leeward & Windward) Limited (St. Lucia); First Caribbean International Land Holdings (Barbados) Limited; First Caribbean International Bank (Jamaica) Limited; First Caribbean International Building Society Limited (Jamaica), First Caribbean International Trust & Merchant Bank (Barbados) Limited; First Caribbean International Bank (Cayman) Limited Website: www.firstcaribbeanbank.com Email: [email protected] Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) $US $US $US $US $US $US No. of Shares issued 1,525,132 1,525,176 1,525,176 1,525,176 1,525,176 1,525,934

Shareholders' Equity 1,518,769 1,335,795 1,360,820 1,199,299 * 1,080,179* 1,207,103 Total Assets 10,502,577 10,940,154 11,855,675 11,421,728 * 9,572,641* 8,648,720 Deposits 8,658,353 9,196,049 9,275,685 9,135,950 7,729,395* 7,337,636 Loans 6,905,476 6,814,278 6,079,959 5,630,669 * 4,603,137 3,933,886 Investments 1,743,690 2,004,269 2,471,004 1,563,581 * 637,457 818,396

PROFIT & LOSS (000) Turnover 749,549 815,227 965,905 753,643 * 711,904* 512,206 % incr. over prior yr (8.06) (15.60) 28.16 5.86 38.99 N/A Pre-tax Profit 202,182 201,973 284,433 184,278 * 273,760* 108,795 % incr. over prior yr. 0.10 (28.99) 54.35 (32.69) 151.63 N/A Aftertax Profit 175,201 179,753 261,341 164,273 * 260,277* 88,542 % incr. over prior yr. (2.53) (31.22) 59.09 (36.89) 193.96 N/A Extraordinary items ------Exceptional Items ------

IMPORTANT RATIOS Return on equity 12.28 13.33 20.42 14.41 22.76 7.34 Asset Growth (4.00) (7.72) 3.80 19.32 10.68 N/A Deposit Growth (5.85) (0.86) 1.53 18.20 5.34 N/A Loan Growth 1.34 12.08 7.98 22.32 17.01 N/A Loan & Invest.Growth (1.92) 3.13 18.86 37.28 10.28 N/A Return on Assets 1.67 1.64 2.20 1.44 2.72 1.02 Operating Profit Margin 26.97 24.78 29.45 24.45 38.45 21.24 Earnings Per Share 11.20 11.50 16.80 10.40* 16.70 5.80 Closing Stock Price 118.00 120.02 140.00 118.75 123.20 100.00 *Restated Note :- Closing stock price quoted in Ja. $

JAMAICA STOCK EXCHANGE 74 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 75 YEAR BOOK 2009 First Caribbean International Bank (FCIB) (Ja.)

Financial Year End October 31

Directors: Michael Mansoor (Chairman); Clovis Metcalfe (Managing Director) Appointed effective January 1, 2009 Anthony J. Bell; Christopher; D. Bovell; Peter D.McConnell; Professor Neville Ying Gerard Borely resigned effective October 31, 2009; Anthony Holness (Managing Director) effective September 1, 2010

Secretary: Allison Rattray

Registrar & Transfer Agent: FirstCaribbean International Securities Limited 23 - 27 Knutsford Boulevard, Kingston 5

Subsidiaries: First Caribbean International Building Society

Principal Activity: Banking and related activities. Website: www.firstcaribbeanbank.com Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 265,757 265,757 265,757 265,757 193,333 193,333

Shareholders' Equity 7,256,163 6,447,143 5,617,659 4,847,757 * 2,925,318 * 2,548,166 Total Assets 52,655,850 49,626,068 41,671,183 32,804,433 * 23,529,689 20,104,461 Deposits 43,900,172 41,368,967 33,523,005 27,028,807 19,863,646 16,645,586 Loans 34,385,404 34,936,630 31,409,506 23,975,393 * 13,872,301 * 8,448,607 Investments 2,294,308 1,101,528 924,855 1,463,207 1,503,634 * 2,255,759

PROFIT & LOSS (000) Turnover 5,220,049 4,977,464 4,348,608* 3,574,936 * 2,872,417 * 2,892,835 % incr. over prior yr. 4.87 14.46 21.64 24.46 (0.71) 0.51 Pre-tax Profit 1,307,287 1,246,477 1,149,580 867,733 * 578,605 * 534,559 % incr. (decr.) over prior yr. 4.88 8.43 32.48 49.97 8.24 (23.26) Aftertax Profit 886,658 835,053 771,123 588,776 * 450,511* 381,177 % incr. (decr.) over prior yr. 6.18 8.29 30.97 30.69 18.19 (24.20) Extraordinary items ------Exceptional Items ------

IMPORTANT RATIOS Return on equity 12.94 13.84 14.74 15.15 16.46 16.17 Asset Growth 6.11 19.09 27.03 39.42 17.04 3.78 Deposit Growth 6.12 23.40 24.03 36.07 19.33 0.51 Loan Growth -1.58 11.23 31.01 72.83 64.20 19.64 Loan & Invest. Growth 1.78 11.45 27.11 65.44 43.64 10.12 Return on Assets 1.68 1.68 1.85 1.79 1.91 1.90 Operating Profit Margin 25.04 25.04 26.44 24.27 20.14 18.48 Earnings Per Share 3.33 3.14 2.90 2.41* 2.33 * 1.97 Closing Stock Price 12.75 21.80 23.50 21.50 18.01 21.50 P.E. Ratio 3.83 6.94 8.10 8.92 7.73 10.91 *Restated JAMAICA STOCK EXCHANGE 76 YEAR BOOK 2009 First Jamaica Investments Ltd. (FJI JMP416651033)

Financial Year End December 31

Board of Directors Hon. Maurice W. Facey O.J. (Chairman); W.G. Bryan Ewen; Paul A. Facey (V.P. Investments) Roy Collister died on April 11, 2010; Donovan Perkins; Stephen B. Facey (Chief Executive Officer) Matthew Pragnell

Secretary Gene Douglas

Registrar & Pan Caribbean Merchant Bank Limited Transfer Agent Corporate Trust Division 64 Knutsford Boulevard, Kingston 5

Subsidiaries Jamaica Property Company Ltd; Portfolio Partners Limited; St. Andrew Developers Limited Knutsford Holdings Limited; Sagicor Life Jamaica Limited

Principal Activities Investment Management.

Website: www.firstlife.com.jm

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 303,500 303,500 303,500 303,500 303,500 303,500

Shareholders' Equity 11,594,515 9,517,488 8,945,456 * 8,845,811 7,642,174 5,277,636 * Long Term Liability 241,924 495,950 393,570 568,844 298,235 * 139,751 * Gearing Debt 244,534 496,434 411,306 571,918 303,307 * 407,891 * Current Assets 12,013,163 10,322,147 9,609,130 9,708,015 8,386,678 * 7,469,854 * Current Liabilities 140,765 205,095 315,467 160,897 173,515 * 729,289 *

PROFIT & LOSS (000) Turnover 1,635,592 1,490,699 1,319,179 1,072,059 963,637 * 633,609 * % incr. over prior yr. 9.72 13.00 23.05 11.25 52.09 (87.61) Pre-tax Profit 2,120,145 1,772,675 1,493,436 * 1,234,685 1,166,117 * 991,995 * % incr. (decr.) over prior yr. 19.60 18.70 20.96 5.88 17.55 16.60 Aftertax Profit 1,940,494 1,690,143 1,363,795 * 1,148,276 2,746,630 * 1,593,546 % incr. (decr.) over prior yr. 14.81 23.93 18.77 (58.19) 72.36 98.35 Minority Interest 22,525 24,552 17,750 (3,788) (13,643)* (17,360) Exceptional Items 1,591,881

IMPORTANT RATIOS Debt/Equity 0.02 0.05 0.05 0.06 0.04 0.08 Current Assets Ratio 85.34 50.33 30.46 60.34 48.33 10.24 Return on Equity 18.38 18.31 15.33 13.93 42.52 36.50 Operating Profit Margin 129.63 118.92 113.21 115.17 121.01 156.56 Earnings Per Share 6.35 5.51 4.45 * 3.79 3.45 3.01 * Closing Stock Price 27.97 25.00 41.00 41.00 43.00 45.50 P.E. Ratio 4.40 4.54 9.21 10.82 12.46 15.12

*Restated

JAMAICA STOCK EXCHANGE 77 YEAR BOOK 2009 Gleaner Company Ltd. (GLNR JMP4744S1045)

Financial Year End December 31 Board of Directors Hon. Oliver F. Clarke, O.J. (Chairman/Managing Director); Hon. John J. Issa, O.J. (Vice Chairman) Dr. Carol D. Archer; H. Winston Dear; Lisa G. Johnston; Prof. The Hon. Gerald C. Lalor, O.J. (Honorary Chairman); Joseph M. Matalon; Douglas R. Orane, C.D.; Christopher Roberts; Morin M. Seymour; Christopher Barnes

Secretary John Hudson

Registrar & NCB Jamaica (Nominees) Limited Transfer Agent 32 Trafalgar Road, Kingston

Subsidiaries Sangster's Book Stores Limited; Popular Printers Limited; Independent Radio Company Ltd.; The Gleaner Company (USA) Limited; The Book Shop Limited; Creek Investment Limited; Selecto Publications Limited; Associated Enterprise Limited; VG Media Group Limited; Vee Tee Ay (Media Resources) Limited; Gleaner Company (Can.) Inc.

Principal Activities Publication/Printing of Newspaper and the sale of books.

Website: www.jamaica-gleaner.com Email: [email protected] Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 1,211,243 1,211,243 1,211,243 1,211,243 1,211,243 1,211,243

Shareholders' Equity 2,023,168 2,012,998 2,397,311 2,227,596 2,036,980 1,947,147 * Long Term Liability 40,105 44,636 74,180 37,263 49,169 116,125 Gearing Debt 63,062 81,611 165,822 101,371 83,921 147,535 Current Assets 1,281,709 1,385,368 1,396,996 1,355,649 1,192,699 1,236,486 * Current Liabilities 678,514 751,847 717,498 848,708 664,828 683,233 *

PROFIT & LOSS (000) Turnover 3,274,179 3,246,297 4,248,873 3,620,522 3,291,238 2,938,637 * % incr. over prior yr. 0.86 (23.60) 17.36 10.00 12.00 15.39 Pre-tax Profit 1,822 (451,266) 193,139 425,167 264,656 530,702 * % incr. (decr.) over prior yr. 100.40 (333.65) (54.57) 60.65 (50.13) 68.86 Aftertax Profit 208,180 (444,688) 98,204 273,655 179,455 366,529 * % incr. (decr.) over prior yr. 146.81 (552.82) (64.11) 52.49 (51.04) 56.94 Exceptional Items 130,116

IMPORTANT RATIOS Debt/Equity 0.03 0.04 0.07 0.05 0.04 0.08 Current Assets Ratio 1.89 1.84 1.95 1.60 1.79 1.81 Return on Equity 10.32 (20.17) 4.25 12.83 9.01 20.35 Operating Profit Margin 0.06 (13.90) 4.55 11.74 8.04 18.06 Earnings Per Share 0.15 (0.37) 0.08 0.21 0.15 0.30 Closing Stock Price 1.16 1.73 4.30 1.99 2.60 2.61 P.E. Ratio 7.97 (4.66) 53.95 9.41 17.33 8.70 *Restated

JAMAICA STOCK EXCHANGE 78 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 79 YEAR BOOK 2009 GraceKennedy & Company Ltd.(GK JMP4897P1050)

Financial Year End December 31

Board of Directors Douglas R. Orane (Chairman & Chief Executive Officer); Joseph E. Taffe; Christopher D. R. Bovell; Erwin M. Burton G. Raymond Chang; M. Audrey Hinchcliffe; John J. Issa; Leroy E. Bookal; Gordon K. G. Sharp; Gordon V. Shirley Fay E.G. McIntosh (Chief Financial Officer); Joseph P. Esau; Donald Wehby (Chief Operating Officer) Courtney Campbell

Secretary Karen Chin Quee Akin

Registrar & Grace, Kennedy & Company Limited Transfer Office 73 Harbour Street, Kingston

Subsidiaries GK FOODS Grace Foods & Services Company Limited; Grace Food Processors Limited; Grace Foods International Limited Grace Foods (UK) Limited; Grace Foods (USA) Inc.; GraceKennedy (Belize) Limited; GraceKennedy (Ontario) Inc. GK Foods & Services Limited; Chadha Oriental Foods Limited; Enco Products Limited Funnybones Foodservice Limited; WT (Holdings) Limited; Grace Foods Limited; GraceKennedy (USA) Inc. GraceKennedy Logistics Services Limited

GK INVESTMENTS Allied Insurance Brokers Limited; First Global Bank Limited; First Global Financial Services Limited First Global Insurance Agency Limited; First Global Leasing Limited; First Global Holdings Limited First Global (Cayman) Limited; FG Funds Management (Cayman) Limited; GraceKennedy Currency Trading Services Ltd.; GraceKennedy Payment Services Limited; GraceKennedy Remittance Services Limited; GraceKennedy (Trinidad & Tobago) Limited; GraceKennedy Remittance Services (Guyana) Limited; GraceKennedy Remittance Services (USA) Inc.; GraceKennedy Remittance Services (Turks & Caicos) Limited; GraceKennedy Financial Services (USA) Inc. GraceKennedy Financial Group Limited; GraceKennedy Money Services (Anguilla) Limited GraceKennedy Money Services (Antigua & Barbuda) Limited; GraceKennedy Money Services Caribbean SRL GraceKennedy Money Services (Montserrat) Limited; GraceKennedy Money Services (St. Kitts-Nevis) Limited GraceKennedy Money Services (St. Vincent & The Grenadines) Limited; GraceKennedy Securities (USA) Inc. Hardware & Lumber Limited; Knutsford Re First Global (Trinidad & Tobago) Ltd; Versair In-Flite Services (2006) Limited; Jamaica International Insurance Company Limited; GraceKennedy (St. Lucia) Limited Graken Holdings Limited; GraceKennedy Trade Finance Limited

Principal Activities Merchandising of general goods and food products, both locally and internationally; processing and distribution of dairy and meat products; merchandising of agricultural and pharmaceutical supplies, stationery, hardware and lumber; Institutional and airline catering; operation of a chain of supermarkets; general insurance and insurance brokerage; commercial banking; investment management; lease and trade financing; stockbrokerage, pension management; operation Of money transfer services; bill payment services and International telecommunications services.

Websites www.gracekennedy.com www.gracefoods.com

JAMAICA STOCK EXCHANGE 80 YEAR BOOK 2009 GraceKennedy & Company Ltd.(GK JMP4897P1050)

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 331,706 331,227 329,280 327,940 327,395 325,817

Shareholders' Equity 23,697,642 19,799,405 20,038,517 17,158,975 15,240,590 13,351,973 * Long Term Liability 15,417,579 13,421,348 8,168,302 4,325,056 3,588,504 * 1,474,367 Gearing Debt 17,227,287 14,715,491 10,026,439 5,750,308 5,186,283 3,738,475 * Current Assets 79,504,533 78,725,445 66,946,961 57,501,792 51,534,847 * 40,297,753 * Current Liabilities 57,025,535 56,194,890 46,740,919 42,126,461 41,714,487 * 34,544,797 * Minority Interest 1,147,370 1,773,661 1,574,453 773,382 744,234 507,527

PROFIT & LOSS (000) Turnover 57,406,415 53,462,279 48,749,434 36,088,247 33,031,615 30,703,792 % incr. over prior yr. 7.38 9.67 35.08 9.25 7.58 24 Pre-tax Profit 3,653,867 2,478,893 4,802,174 2,524,552 3,055,247 3,151,837 * % incr. over prior yr. 47.40 (48.38) 90.22 (17.37) (3.06) 18 Aftertax Profit 2,722,823 1,780,886 3,535,216 1,870,811 2,121,694 2,273,080 * % incr. over prior yr. 52.89 (49.62) 88.97 (11.82) (6.66) 11 Exceptional Items ------Extraordinary Items ------Minority Interest 147,868 106,411 99,684 25,807 46,758 101,712

IMPORTANT RATIOS Debt/Equity 0.73 0.74 0.50 0.34 0.34 0.28 Current Assets Ratio 1.39 1.40 1.43 1.36 1.24 1.17 Return on Equity 12.52 8.94 19.01 11.55 14.84 18.24 Operating Profit Margin 6.36 4.64 9.85 7.00 9.25 10.27 Earnings Per Share 7.79 5.05 10.55 5.67 6.38 6.73 * Closing Stock Price 40.50 43.50 71.50 63.50 87.45 118.00 P.E. Ratio 5.20 8.61 6.78 11.20 13.71 17.53

*Restated

JAMAICA STOCK EXCHANGE 81 YEAR BOOK 2009 Guardian Holdings Limited

Financial Year End December 31

Board of Directors Arthur Lok Jack (Chairman); Henry Peter Ganteaume; Aleem Mohammed; Anthony Lancaster David Philip Hamel-Smith; Douglas Camacho; David Wyndham Davies; Imtiaz Ahamad Selby Wilson; Jeffrey Mack (Group CEO)

Secretary Fe` Lopez-Collymore

Registrar & Guardian Holdings Ltd. 1 Guardian Drive, Westmoorings, Trinidad and Tobago Transfer Office Subsidiaries Appleclaim Limited; BancAssurance Caribbean Limited; Centre d'Affaires de la Pointe Simon S.a.r.l.; Cassidy Capital Limited; Cassidy Capital Life Limited; Cassidy Davis Europe BV;Cassidy Davis Insurance Services Limited, Cassidy Davis Underwriting Agency Limited; CHIC Management Limited; Guardian General Insurance Limited (formerly The Caribbean Home Insurance Company Limited); GHL Insurance Services UK Limited (formerly Zenith Services Limited); GHL Europe Limited (Formerly NHGL); Guardian Insurance Limited

Principal Activities Financial Services

Website: www.guardianholdings.com

Financial Data

2009 2008 2007 2006 2005 2004 TT$ TT$ TT$ TT$ TT$ TT$ BALANCE SHEET (000) No. of Shares issued 202,205 202,281 201,700 201,700 201,700 191,619

Shareholders' Equity 3,312,306 3,589,253 3,628,077 * 3,569,277 * 3,733,260 * 3,164,554 * Long Term Liability 12,504,899 12,504,899 12,511,372 * 12,645,284 * 11,807,163 * 10,494,444 * Gearing Debt 3,754,922 3,754,922 3,932,169 3,013,680 2,313,732 2,145,235 * Current Assets 3,151,269 3,151,269 3,342,680 * 2,528,732 * 1,872,373 * 654,667 * Current Liabilities 6,165,337 6,165,337 6,300,564 * 4,146,528 * 1,857,667 * 1,814,283 * Minority Interest 101,659 101,659 56,633 * 9,820 * 16,915 14,141

PROFIT & LOSS (000) Turnover 5,323,955 5,245,272 * 5,450,721 * 5,022,030 * 4,422,776 * 3,594,950 * % incr. over prior yr 1.50 (3.77) 8.54 13.55 23.03 27.17 Pre-tax Profit 493,910 (39,671)* 193,508 (134,050)* 457,535 * 701,987 * % incr. over prior yr. 1345.02 (120.50) (244.36) (129.30) (34.82) (44.88) Aftertax Profit (821,027) 240,111 * 121,657 (216,208)* 377,741 * 579,871 * % incr. over prior yr. (441.94) 97.37 (156.27) (157.24) (34.86) (47.82) Minority Interest 23,680 4,301 2,155 1,277 * 3,106 1,010 * Discontinued Operation (1,191,863)

IMPORTANT RATIOS Debt/Equity 1.13 1.05 1.08 0.84 0.62 0.68 Current Assets Ratio 0.51 0.51 0.53 0.61 1.01 0.36 Return on Equity (23.79) 6.65 3.38 (5.92) 10.95 20.47 Operating Profit Margin 9.28 -0.76 3.55 (2.67) 10.34 19.53 Earnings Per Share (4.18) 1.17 * 0.58 * (1.17) 1.83 * 3.03 Closing Stock Price 299.50 320.00 290.00 240.00 360.00 400.00

Note :- Closing stock price quoted in Ja. $ JAMAICA STOCK EXCHANGE 82 YEAR BOOK 2009 Hardware & Lumber Ltd. (HL JMP5032G1088)

Financial Year End December 31

Board of Directors Erwin M. Burton (Chairman); Simon Roberts (Chief Executive Officer); Stephen B. Facey Rodney St. Auburn Davis; Gordon Kelvin Greenwich Sharp; Joseph Taffe; Paul Hanworth Courtney Campbell

Secretary Gene M. Douglas

Registrar & Pan Caribbean Merchant Bank Limited Transfer Agent Corporate Trust Division, 60 Knutsford Boulevard, Kingston 5

Subsidiaries Agro Grace, Rapid True Value, H & L Wholesale & Special Projects

Principal Activities Hardware merchants, suppliers of home improvement and agricultural products.

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 80,842 80,842 80,842 80,842 80,842 67,368

Shareholders' Equity 903,747 1,119,168 1,211,266 1,103,500 1,065,782 * 720,371 * Long Term Liability 518,322 540,177 376,738 233,280 207,269 180,257 * Gearing Debt 538,880 498,579 265,560 246,868 251,093 237,176 Current Assets 1,987,677 2,395,288 2,599,315 2,324,983 2,027,148 * 2,042,175 * Current Liabilities 1,565,807 1,788,023 1,759,680 1,638,354 1,401,925 * 1,683,618 *

PROFIT & LOSS (000) Turnover 5,940,599 6,788,162 6,648,066 5,597,276 5,332,857 5,518,947 % incr. over prior yr. (12.49) 2.11 18.77 4.96 (3.37) 109.07 Pre-tax Profit (295,608) (416,910) 198,632 55,452 26,615 * 266,076 * % incr. (decr.) over prior yr. 29.10 (309.89) 258.21 108.35 (90.00) 309.44 Aftertax Profit (225,762) (259,956) 133,550 37,718 20,268 * 169,011 * % incr. (decr.) over prior yr. 13.15 (294.65) 254.07 86.10 (88.01) 279.09 Extraordinary items ------Exceptional Item ------

IMPORTANT RATIOS Debt/Equity 0.60 0.45 0.22 0.22 0.24 0.33 Current Assets Ratio 1.27 1.34 1.48 1.42 1.45 1.21 Return on Equity (22.32) (22.31) 11.54 3.48 2.27 25.50 Operating Profit Margin (4.98) (6.14) 2.99 0.99 0.50 4.82 Earnings Per Share (2.79) (3.21) 1.65 0.47 0.26 * 2.51 Closing Stock Price 3.50 10.00 16.00 18.00 18.00 29.85 P.E. Ratio (1.25) (3.12) 9.70 38.30 69.23 11.89

*Restated

JAMAICA STOCK EXCHANGE 83 YEAR BOOK 2009 Jamaica Broilers Group (JBG JMP5892N1021)

Financial Year End April 30 Board of Directors Aubyn Hill; Robert E. Levy(Chairman); Christopher Levy (President & CEO); Hon R. Danvers Williams Malcolm D.L. McDonald; Barrington A. Pryce; Dr. Trevor Dewdney; Hirlie E. Williams; Gregory Brenton Shirley Claudette Cooke; Andrew M. Mahfood; Ian Parsard

Secretary Peter A. DePass

Registrar & Duke Corporation, Scotiabank Centre, Corner Duke & Port Royal Streets, Kingston Secretarial Agents Subsidiaries Aquaculture Jamaica Ltd.; Content Agricultural products Ltd.; Energy Associates Ltd. Jamaica Eggs Services Ltd.; Jamaica Poultry Breeders Ltd.; Best Dressed Chicken Ltd.; International Poultry Breeders; Wincorp International, Inc.; EAL/ ERI Co-Generation Partners; JB Ethanol Limited; Best Dressed Feed Mill Best Dressed Foods; Hi-Pro/ Ace Farm & Garden Supercentre; Atlantic United Insurance Company Limited ERI Services St. Lucia Limited

Principal Activities Producers and suppliers of meat protein and animal feeds and associated services.

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 1,199,277 1,199,277 1,199,277 1,199,277 1,199,277 1,199,277

Shareholders' Equity 5,797,711 4,741,295 4,220,125 3,804,047 3,250,275 2,648,201 Long Term Liability 1,670,410 821,008 231,845 140,202 230,476 212,834 Gearing Debt 5,478,005 2,520,731 1,215,049 425,750 861,741* 978,477 Current Assets 6,389,816 5,283,242 3,459,379 2,942,339 3,003,798* 2,396,961 Current Liabilities 5,619,251 4,387,519 2,618,595 1,390,688 * 1,968,221* 1,811,051 Minority Interest - - - - 5,145 5,145

PROFIT & LOSS (000) Turnover 24,623,315 20,443,685 11,490,300 9,938,217 9,146,538 8,173,181 % incr. over prior yr 20.44 77.92 15.62 8.66 11.91 18.96 Pre-tax Profit 1,003,727 903,515 709,008 765,109 983,433 606,281 % incr. over prior yr. 11.09 27.43 (7.33) (22.20) 62.21 80.94 Aftertax Profit 828,063 740,316 512,139 645,334 721,912 461,310 % incr. (decr.) over prior yr. 11.85 44.55 (20.64) (10.61) 56.49 28.74 Exceptional Items - - - - - Extraordinary Items 0 0 0 0 0 0

IMPORTANT RATIOS Debt/Equity 0.94 0.53 0.29 0.11 0.27 0.37 Current Assets Ratio 1.14 1.20 1.32 2.12 1.53 1.32 Return on Equity 15.71 16.52 12.76 18.30 24.48 18.64 Operating Profit Margin 4.08 4.42 6.17 7.70 10.75 7.42 Earnings Per Share 0.69 0.62 0.43 0.54 0.60 0.38 Closing Stock Price 3.20 5.00 4.00 3.50 5.90 3.80 P.E. Ratio 4.64 8.10 9.30 6.50 9.80 10.00

*Restated

JAMAICA STOCK EXCHANGE 84 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 85 YEAR BOOK 2009 Jamaica Livestock Association Ltd. (JLA7.5 JMP589341032)

Financial Year End November 30

Board of Directors Henry J. Rainford, C.D., J.P., LL.D. (Hon.) (Chairman & CEO); Alexander Barclay Ewart, B.Sc. Resigned effective February 9, 2010; Arthur E. Barrett, J.P.; Steven Fong-Yee, B.Sc. (Eng); Andrea Sweeney, B.Acc., M.B.A., CPA (Company Secretary); Dr. Karl Wellington, C.D., Ph.D.; Byron Thompson ; Audley H. Deidrick appointed effective February 9, 2010

Secretary Andrea Sweeney, B.Acc., M.B.A., CPA

Registrar & Jamaica Central Securities Depository Limited Transfer Agent 40 Harbour Street, Kingston (Effective November 01, 2006)

Subsidiaries

Principal Activities Manufacture and sale of animal feeds, animal drugs, farm equipment & supplies and day-old chickens.

Website: www.jlaltd.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 57,453 57,453 57,453 57,453 57,453 57,453

Shareholders' Equity 512,281 572,867 201,482 229,128 246,891 238,975 Long Term Liability 71,668 98,553 79,355 46,797 11,994 788 Gearing Debt 240,567 242,511 166,881 110,288 63,958 74,298 Current Assets 644,893 239,922 329,027 324,692 321,582 * 252,967 Current Liabilities 478,825 449,601 308,398 305,967 318,428 249,231

PROFIT & LOSS (000) Turnover 904,493 1,007,685 1,199,104 1,148,498 1,135,848 938,808 % incr. over prior yr. (10.24) (15.96) 4.41 1.11 20.99 17.53 Pre-tax Profit (Loss) (186,941) (220,370) (33,690) (12,033) 11,755 24,007 % incr (decr.) over prior yr. 15.17 554.11 179.98 (202.36) (51.04) 141.91 Aftertax Profit (Loss) (232,329) (161,636) (21,837) (13,460) 12,927 20,422 % incr. (decr.) over prior yr. (43.74) 640.19 62.24 (204.12) (36.70) 403.00

IMPORTANT RATIOS Debt/Equity 0.47 0.42 0.83 0.48 0.26 0.31 Current Assets Ratio 1.35 0.53 1.07 1.06 1.01 1.01 Return on Equity (42.82) (41.75) (10.14) (5.66) 5.32 8.87 Operating Profit (Loss) (20.67) (21.87) (2.81) (1.05) 1.03 2.56 Margin Earnings (Loss) Per (4.04) (2.81) (0.38) (0.23) 0.22 0.35 Preference Share Closing Stock Price 2.40 2.55 3.80 2.15 2.70 1.35 P.E. Ratio (0.59) (0.91) (10.00) (9.35) 12.27 3.86

*Restated

JAMAICA STOCK EXCHANGE 86 YEAR BOOK 2009 Jamaica Money Market Brokers Ltd. (JMMB JMP589381046)

Financial Year End March 31

Board of Directors Dr. Noel A. Lyon (Chairman); Donna K. Duncan-Scott (Executive Director- Leadership & Development) Keith P. Duncan (Group Chief Executive Officer); Archibald A. Campbell (Deputy Chairman); Dennis L. Harris Vinroy Andrew Whyte; Wayne Sutherland; Anne Crick, Ph.D; Hugh Duncan; Rodger Braham Carolyn DaCosta

Secretary Carolyn DaCosta

Registrar & KPMG Regulatory & Compliance Services Transfer Agent The Victoria Mutual Building, 6 Duke Street, Kingston

Subsidiaries JMMB Securities Limited; JMMB Insurance Brokers Ltd. JMMB Securities Fund Services Limited; JMMB Select Index Fund Limited Principal Activities Equity trading and fixed income investment

Website: www.jmmb.com Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 1,463,386 1,463,386 1,463,386 1,463,386 1,463,386 1,463,386

Shareholders' Equity 5,305,902 6,644,413 7,166,896 7,193,769 * 5,800,961 * 4,083,760 * Total Assets 111,193,465 102,415,766 89,618,957 81,880,170 * 63,889,888 * 61,370,724 * Investments 97,716,017 91,058,258 80,478,392 72,662,569 57,680,903 * 55,887,955 Repurchase Agreement 90,110,998 88,246,690 77,353,059 70,761,258 54,791,793 55,185,862 Minority Interest 20,912 16,091 2,354 4,680 7,501

PROFIT & LOSS (000) Turnover 15,969,623 10,935,216 10,393,827 * 9,063,251 8,348,358 9,953,795 * % incr. (decr.) over prior yr 46.04 5.21 14.68 8.56 (16.13) 47.49 Pre-tax Profit 1,544,528 1,254,902 1,507,718 * 1,844,422 * 1,765,177 1,518,604 % incr. (decr.) over prior yr. 23.08 (16.77) (18.26) 4.49 16.24 62.49 Aftertax Profit 1,102,622 1,061,610 1,098,603 1,590,430 * 1,651,673 1,505,213 * % incr. (decr.) over prior yr. 3.86 (3.37) (30.92) (3.71) 9.73 44.98 Exceptional items -

IMPORTANT RATIOS Return on Equity 18.45 15.37 15.30 24.48 33.42 50.64 Asset Growth 8.57 14.28 9.45 28.16 4.10 25.38 Investment Growth 7.31 13.15 10.76 25.97 3.21 26.23 Repurchase Agreement Growth 2.11 14.08 9.32 29.15 (0.71) 19.47 Return on Assets 0.99 1.04 1.23 1.94 2.59 2.45 Operating Profit (Loss) Margin 9.67 11.48 14.51 20.35 21.14 15.26 Earnings per share 0.75 0.73 0.75 1.09 * 1.13 1.03 * Closing Stock Price 6.00 11.75 10.50 12.62 17.00 16.65 P.E. Ratio 8.00 16.10 14.00 11.58 15.04 16.17

JAMAICA STOCK EXCHANGE 87 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 88 YEAR BOOK 2009 Jamaica Stock Exchange (JSE JMP591171047)

Financial Year End December 31

Board of Directors Curtis Martin (Chairman); Christopher Berry; Dian Black; Mark Croskery; Robert Drummond; Jane George Rita Humphries-Lewin; Garth Kiddoe; Allan Lewis; Ed Mckie; Julian Mair Donovan Perkins appointed Deputy Chairman effective June 24, 2010; Nicole Lambert ; Anya Schnoor Livingstone Morrison; Dennis Cohen (appointed effective February 24, 2010) Janet Morrison (appointment pending approval from FSC)

Secretary Marlene Street-Forrest

Registrar & Jamaica Central Securities Depository Transfer Agent

Subsidiaries Jamaica Central Securities Depository JCSD Trustees Services

Principal Activities Providing the facilities for the buying and selling of shares

Website: www.jamstockex.com

Financial Data

2009 2008 2007 BALANCE SHEET (000) No. of Shares issued 33,000 33,000 33,000

Shareholders' Equity 954,127 914,217 928,303 Long Term Liability 66,000 66,000 - Gearing Debt 66,000 66,000 - Current Assets 408,271 530,023 541,118 Current Liabilities 157,542 303,007 41,901

PROFIT & LOSS (000) Turnover 158,971 470,270 205,889 % incr. over prior yr (66.20) 128.41 Pre-tax Profit 64,808 310,819 65,752 % incr. (decr.) over prior yr. (79.15) 372.71 Aftertax Profit 43,018 207,703 44,116 % incr. (decr.) over prior yr. (79.29) 370.81

IMPORTANT RATIOS Debt/Equity Ratio 0.07 0.07 Current Assets ratio 2.59 1.75 12.91 Return on equity 4.60 22.55 Operating Profit Margin 40.77 66.09 31.94 Earnings Per Share (0.61) 6.19 0.68 Closing Stock Price 2.00 2.10

JAMAICA STOCK EXCHANGE 89 YEAR BOOK 2009 Jamaica Producers Group Ltd. (JP JMP58931007)

Financial Year End December 31

Board of Directors Charles H. Johnston, C.D., B.Sc. Econ. (Chairman); Dr. Marshall Hall C.D.; Aubrey E. Ffrench (Hon. Director) Hon. Emil C. George, O.J., Q.C., B.C.L., M.A.; Jeffrey Hall, B.A., M.P.P., J.D. (Group Managing Director) Dahlia Kelly, B.Sc.; David McConnell; John O. Minott, C.D., B.Com., J.P.; Kathleen A. J. Moss, B.Sc., M.B.A., C.B.V.; Hon. Oliver F. Clarke, OJ, BSc. (Econ), FCA, JP; Professor Alvin G. Wint, B.Sc., M.B.A., D.B.A. Donovan H. Perkins

Secretary Paul St. E. Samuels

Registrar & Jamaica Producers Group Limited Transfer Agent 6a Oxford Road, Kingston 5

Subsidiaries Agualta Vale Ltd, Agri Services Ltd., Agroindustrial La Mesa, S.A. Antillean Foods Inc., Astrol Properties Ltd. Cariban Ltd., Crescent Developers Ltd., Central American Banana (2005) Ltd., Cia Bananera del Tropico JP S.A. Eastern Banana Estates Ltd., Froshibers Juices Ltd., JBFS Investments Ltd., JP Shipping Services Limited Jamaica Producers Shipping Co. Ltd., Serious Food Limited, Producers Holdings Ltd., P.S.C. Ltd.S.A., St. Mary Banana Estates Ltd., Sula Valley Banana Company Ltd., Victoria Banana Company Ltd. S.A., Sunjuice Ltd. Trinjam Food Processors Ltd., SFG Holdings, Agri Services Ltd., Serious Food (Distribution) Limited Seriuos Soup Limited, Simply Organic Limited

Principal Activities The cultivation, marketing and distribution of bananas and other fresh produce locally and overseas, juice manufacturing and distribution, shipping and the holding of investment.

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 187,024 187,024 187,024 187,024 187,024 187,024

Shareholders' Equity 4,531,893 4,186,114 9,082,179 9,472,074 8,895,113 * 9,115,241 * Long Term Liability 69,898 102,999 1,135,260 1,081,683 557,497 207,338 Gearing Debt 125,817 149,090 1,399,109 1,511,390 684,494 * 368,944 Current Assets 2,267,545 2,161,404 6,760,645 7,305,160 6,631,215 6,329,301 Current Liabilities 999,326 1,155,294 3,391,528 3,349,302 3,313,908 3,412,558 *

PROFIT & LOSS (000) Turnover 6,259,033 3,650,096 2,860,166 * 13,351,949 10,522,299 * 21,979,915 * % incr. over prior yr 71.48 27.62 (78.58) 26.89 -52.13 19.37 Pre-tax Profit 307,562 (280,026) (82,040) 284,185 295,429 * 710,740 % incr. (decr.) over prior yr. 209.83 241.33 (128.87) (3.81) (58.43) (33.64) Aftertax Profit 209,748 (2,856,467) (479,108) 2,613,210 461,567 477,485 % incr. (decr.) over prior yr. 107.34 (496.21) (118.33) 466.16 (3.33) (45.51) Extraordinary/except. items - - - 2,340,271 - - Minority Interests 595 (268) (15,685) 26,876 81,247 51,167 *

IMPORTANT RATIOS Debt/Equity Ratio 0.03 0.04 0.15 0.16 0.08 0.04 Current Assets ratio 2.27 1.87 1.99 2.18 2.00 1.85 Return on equity 4.81 (43.06) (5.16) 28.46 5.13 6.13 Operating Profit Margin 4.91 (7.67) (2.87) 2.13 2.81 3.23 Earnings Per Share 1.12 (15.27) (2.47) 13.82 2.03 2.28 Closing Stock Price 25.89 23.00 35.05 43.90 34.51 42.00 P.E. Ratio 23.12 (1.51) (14.19) 3.18 17.00 18.42 *Restated

JAMAICA STOCK EXCHANGE 90 YEAR BOOK 2009 Kingston Properties Ltd. (KP JMP )

Financial Year End December 31

Board of Directors Garfield Sinclair (Chairman); Nicole Foga (Company Secretary); Fayval Williams (Executive Director) Stuart White

Secretary Nicole Foga

Registrar & Jamaica Central Securities Depository Ltd. Transfer Agent: 40 Harbour Street, Kingston

Subsidiaries: Carlton Savannah REIT (St. Lucia) Limited

Website: www.kpreit.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 68,800 68,800

Shareholders' Equity 498,544 450,597 Long Term Liability 0 0 Gearing Debt 0 0 Current Assets 532,675 138,071 Current Liabilities 29,977 1,837

PROFIT & LOSS (000) Turnover 35,550 17,053 % incr. over prior yr 108.47 Pre-tax Profit 26,082 14,011 % incr. over prior yr. 86.15 Aftertax Profit 21,693 14,011 % incr. over prior yr. 54.83 Exceptional Items Extrordinary item

IMPORTANT RATIOS Debt/Equity 0.00 0.00 Current Assets Ratio 17.77 75.16 Return on Equity 4.57 6.22 Operating Profit Margin 73.37 82.16 Earnings Per Share 0.31 0.20 Closing Stock Price 5.00 4.65 P.E. Ratio 16.13 23.25 *Restated JAMAICA STOCK EXCHANGE 91 YEAR BOOK 2009 Kingston Wharves Ltd. (KW JMP607321073)

Financial Year End December 31

Board of Directors Grantley Stephenson (Chief Executive Officer); Harriat Maragh; Kim Clarke; Roger Hinds (Company Secretary) Stephen Lyn Kee Chow; Peter Lawson; Charles Johnston; Alvin Henry; Karlene Bailey Derek Jones (Chairman, effective July 1, 2010)

Secretary Roger Hinds

Registrar & Veritat Corporation Transfer Agent 6 Duke Street, Kingston.

Subsidiaries Harbour Cold Stores Ltd; Security Administrators Ltd.; Western Storage Ltd.; Western Terminals Ltd. Jamaica Cooling Stores Ltd. (Non-trading); Kingston Terminal Operators Limited; Securities Administrators Specialist Services Limited

Principal Activities Receipt, storage and delivery of cargo.

Website: www.kingstonwharves.com.jm

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 1,072,650 1,072,650 1,072,650 1,072,650 1,072,650 1,072,650

Shareholders' Equity 7,434,373 7,289,040 4,890,156 4,707,122 * 4,405,831 3,332,754 Long Term Liability 2,576,003 2,709,878 2,338,457 1,531,390 650,218 191,958 Gearing Debt 3,007,277 3,110,254 2,606,776 1,643,036 762,129 268,080 Current Assets 1,618,065 1,582,923 1,269,060 1,039,200 865,065 733,589 Current Liabilities 721,844 746,188 664,150 473,998 348,633 280,018

PROFIT & LOSS (000) Turnover 2,570,325 2,708,044 * 2,568,778 2,319,431 1,875,955 1,536,215 % incr. over prior yr. (5.09) 5.42 10.75 23.64 22.12 31.90 Pre-tax Profit 196,035 217,485 410,317 513,072 * 462,282 331,100 % incr. over prior yr. (9.86) (47.00) (20.03) 10.99 39.62 159.93 Aftertax Profit 155,080 165,979 344,742 431,691 * 318,211 244,752 % incr. over prior yr. (6.57)(51.85) (20.14) 35.66 30.01 266.35 Exceptional items - - - Extraordinary Items - - -

IMPORTANT RATIOS Debt/Equity Ratio 0.40 0.43 0.53 0.35 0.17 0.08 Current Assets Ratio 2.24 2.12 1.91 2.19 2.48 2.62 Return on Equity 2.11 2.73 7.18 9.47 8.22 7.53 Operating Profit Margin 0.08 0.08 0.16 0.22 0.25 0.22 Earnings Per Share 0.14 0.15 0.32 0.40 * 0.29 0.23 Closing Stock Price 3.08 4.80 7.65 7.94 6.00 4.90 P.E. Ratio 22.00 32.00 23.91 19.85 20.69 21.30

JAMAICA STOCK EXCHANGE 92 YEAR BOOK 2009 Lascelles, de Mercado & Co. Ltd. (LAS JMP620921040)

Financial Year End September 30

Board of Directors L.A. Duprey (Chairman) demits office effective; William A. McConnell (Managing Director); David K.C. Henriques G.E. Leid; Anthony J. Bell; Richard K. Powell; Michael Fraser; Tulla Marlene Sutherland; Jane George (Company Secretary); Jason Abrahams; M.E. Carballo; Shafeek Gregory Amrall Sultan-Khan appointed Chairman effective August 28, 2009; Alison Lewis effective August 28, 2009; Steve Badeshi effective August 28, 2009***resigned effective January 31, 2010; Wayne Yip Martin effective February 1, 2010; Fraser Thornton effective February 1, 2010; Stephen Castagne effective February 1, 2010; Dr Euri Bobb effective March 4, 2010***resigned effective April 1, 2010; Marlon Holder appointment effective April 19, 2010 Secretary Jane George

Registrar & Marvia J. Williams Lascelles Demarcate Transfer Agent 23 Dominica Drive, Kingston 5 Subsidiaries AJAS Limited; Globe Limited and its wholly owned subsidiary, GWI Limited; Globe Holdings and its wholly owned subsidiaries:Globe Insurance Company of Jamaica; Twickenham Insurance Company; John Crook Limited Lascelles Merchandise Limited; West Indies Metal Products Limited; Lascelles Laboratories Limited Transportation Agencies Limited; Turks Islands Importers Limited and its wholly owned subsidiary:Timco Limited Wray & Nephew Group Limited and its wholly owned subsidiaries: J.Wray & Nephew Limited; New Yarmouth Limited; Newton Cane Farms Limited; Henriques Brothers Limited; Sterling Motors Limited; Cars & Commercials Limited; Kingston Industrial Garage Limited; The Rum Company (Jamaica) Limited; Estate Industries Limited Lascelles Limited (formerly Plastic Containers Limited); J.Wray y Sobrino de Costa Rica, S.A.

Principal Activities The provision of Management services to its subsidiaries and the holding of investments.

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 96,000 96,000 96,000 96,000 96,000 96,000

Shareholders' Equity 25,185,029 25,695,806 22,532,031 18,512,997 15,064,925 13,436,632 Long Term Liability 24,833 27,845 61,168 116,406 173,906 262,659 Gearing Debt 724,319 738,077 793,412 791,611 1,232,936 1,375,997 Current Assets 20,442,065 17,936,140 14,983,477 13,552,287 * 12,172,758 10,705,746 Current Liabilities 7,731,387 7,162,312 6,950,165 5,835,671 * 5,876,162 5,386,857 Minority Interest ------

PROFIT & LOSS (000) Turnover 24,912,339 22,963,136 19,478,663 * 18,401,066 16,279,054 * 16,009,308 % incr. over prior yr. 8.49 17.89 5.86 13.04 1.68 29.28 Pre-tax Profit 2,866,144 3,543,512 3,209,419 * 3,112,003 2,111,552 1,806,827 % incr. (decr.) over prior yr. (19.12) 10.41 3.13 47.38 16.87 61.75 Aftertax Profit 2,559,024 3,015,131 2,665,420 2,555,244 1,889,139 1,509,726 % incr.(decr.) over prior yr. (15.13) 13.12 4.31 35.26 25.13 60.18 Extraordinary item ------Minority Interest ------

IMPORTANT RATIOS Debt/Equity 0.03 0.03 0.04 0.04 0.08 0.10 Current Assets Ratio 2.64 2.50 2.16 2.32 2.07 1.99 Return on Equity 10.06 12.50 12.99 15.22 13.26 12.18 Operating Profit Margin 11.50 15.43 16.48 16.91 12.97 11.29 Earnings Per Share 26.65 31.41 27.76 26.62 19.68 15.72 Closing Stock Price 280.00 500.00 282.50 275.10 228.00 155.00 P.E. Ratio 10.51 15.92 10.18 10.33 11.59 9.86 *Restated

JAMAICA STOCK EXCHANGE 93 YEAR BOOK 2009 Sagicor (LOJ JMP627321053)

Financial Year End December 31

Board of Directors Dodridge D. Miller (Chairman); Richard Byles (President & CEO); Michael Fraser resigned effective December 31, 2009; Marjorie Chevannes-Campbell; Paul Downer; Professor Hilary Beckles; The Hon. R.D. Williams; Jeffery C. Cobham; Richard Downer; Paul Facey; Stephen Facey

Secretary Sandra Osborne, QC

Registrar & The Registrar, Transfer Agent 28 - 48 Barbados Avenue, Kingston 5

Subsidiaries Sagicor Insurance Brokers Limited; Sagicor Pooled Investment Funds Ltd.; Employees Benefits Administrator Ltd. Sagicor Life of the Cayman Islands Ltd.; Sagicor Interntional Administrators Ltd.; Sagicor General Insurance Cayman Limited; Pan Caribbean Financial Services Limited; Sagicor Property Services

Website: www.sagicor.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 3,758,567 3,750,264 3,748,110 3,730,244 3,716,449 2,543,690

Shareholders' Equity 19,862,709 15,543,820 15,507,025 14,411,787 11,652,048 * 6,151,427 * Policyholders Fund 42,047,011 35,290,140 20,892,559 18,042,047 17,357,350 * 11,762,958 * Gearing Debt 43,152 153,470 153,470 151,029 190,767 154,943 Total Assets 135,466,417 117,791,415 87,069,730 79,058,214 70,910,853 * 20,273,692* Total Liabilities 110,636,048 98,202,534 67,165,752 60,060,047 55,183,900 * 14,122,265 *

PROFIT & LOSS (000) Turnover 27,872,526 28,258,936 16,963,941 14,768,584 12,123,435 * 7,050,108 % incr. over prior yr (1.37) 66.58 14.87 21.82 71.96 25.82 Pre-tax Profit 5,770,350 5,582,278 4,312,526 3,793,396 3,579,529 * 1,690,951 % incr. over prior yr. 3.37 29.44 13.69 5.97 111. 69 30.43 Aftertax Profit 4,885,565 4,542,251 3,421,084 3,053,248 2,870,843 * 1,433,790 % incr. over prior yr. 7.56 32.77 12.05 6.35 100.23 18.62 Extraordinary Item - -

IMPORTANT RATIOS Debt/Equity 0.00 0.01 0.01 0.01 0.02 0.03 Return on Equity 27.60 29.26 22.87 23.43 32.25 28.70 Operating Profit Margin 20.70 19.75 25.42 25.69 29.53 23.98 Earnings Per Share 1.16 1.05 0.79 0.69 0.71 0.57 Closing Stock Price 7.02 5.60 8.15 9.00 9.86 11.30 P.E. Ratio 6.05 5.33 10.32 13.04 13.89 19.82

*Restated

JAMAICA STOCK EXCHANGE 94 YEAR BOOK 2009 Mayberry Investments Ltd . (MIL JMP6464F1050)

Financial Year End

Board of Directors Christopher Berry (Chairman); Konrad Berry (Vice Chairman); Erwin Angus (Managing Director); Doris Berry Sharon Harvey-Wilson (Director- Finance, Administration & Compliance); Gary Peart

Secretary Konrad Berry

Registrar & The Jamaica Central Securities Depository, 40 Harbour Street, Kingston Transfer Agent

Subsidiaries Mayberry West Indies Limited; Bourbon House, Bourbon Street Castries, St. Lucia

Website www.mayberryinv.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 1,201,149 1,201,149 1,201,149 1,201,149 1,201,149 856,250

Shareholders' Equity 2,911,053 2,453,167 3,365,121 2,753,323 2,579,464 962,068 Total Assets 25,478,756 24,040,766 23,895,425 21,851,207 17,356,430 16,436,204 Management Fund 4,687,130 4,168,776 2,873,282 2,989,905 2,733,649 1,992,743 Loans & Bank Overdraft 2,353,331 1,732,557 2,148,222 1,355,488 1,880,394 2,747,974 Investments

PROFIT & LOSS (000) Turnover 2,283,893 2,705,583 2,759,854 2,625,369 2,098,304 2,535,115 % incr. (decr.) over prior yr (15.59) -1.97 5.12 25.12 (17.23) Pre-tax Profit 211,235 356,146 489,577 279,669 22,279 397,264 % incr. (decr.) over prior yr. (40.69) (27.25) 75.06 1,155.30 (94.39) Aftertax Profit 245,473 469,501 372,619 261,203 88,131 378,384 % incr. (decr.) over prior yr. (47.72) 26.00 42.65 196.38 (76.71)

IMPORTANT RATIOS Debt/Equity 0.81 0.71 0.64 0.49 0.73 2.86 Return on Equity 9.15 16.14 12.18 9.80 4.98 Operating Profit (Loss) Margin 9.25 13.16 17.74 10.65 1.06 15.67 Earnings per share 0.20 0.39 0.31 0.22 0.08 0.44 Closing Stock Price 1.99 2.00 4.90 4.00 3.70 P.E. ratio 9.95 5.13 15.81 18.18 46.25

JAMAICA STOCK EXCHANGE 95 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 96 YEAR BOOK 2009 Montego Bay Ice Co. Ltd. (MBICE JMP693911035)

Financial Year End December 31

Board of Directors Mark Hart (Chairman); Theresa Chin (Managing Director); Seville M. Allen (Company Secretary) H. Glaister Anderson; Peter B. Hart; Andrew Brennan; R. Anthony Jones

Secretary Seville M. Allen

Registrar Montego Bay Ice, P.O. Box 51, Creek Street, Montego Bay

Subsidiaries Montego Cold Storage Limited, Deans Valley Ice Limited.

Principal Manufacture and sale of ice and the rental of cold storage facilities. Activities

Website: www.caribbeanproducers.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 6,161 6,161 6,161 6,161 6,161 6,161

Shareholders' Equity 125,125 127,369 145,095 143,794 144,203 141,871 Long Term Liability - - - - - 703 Gearing Debt 402 687 - - 703 2,643 Current Assets 70,890 70,022 76,343 72,070 73,542 70,245 Current Liabilities 5,726 7,368 8,347 6,730 7,081 8,940

PROFIT & LOSS (000) Turnover 33,782 15,906 17,618 * 44,739 44,550 48,556 % incr. (decr.) over prior yr. 112.39 (9.72) (60.62) 0.42 (8.25) (7.09) Pre-tax Profit 3,393 (125) (5,270)* (31,207) 4,395 5,998 % incr. (decr.) over prior yr. 2814.40 97.63 83.11 (810.06) (26.73) (71.19) Aftertax Profit (Loss) 664 (15,404) 2,514 * 661 3,658 4,277 % incr. (decr.) over prior yr. 104.31 (712.73) 280.33 (81.93) (14.47) (73.68) Minority Interest 2,907 (2,323) (1,213) (1,069) (1,326) (736)

IMPORTANT RATIOS Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.02 Current Assets Ratio 12.38 9.50 9.15 10.71 10.39 7.86 Return on Equity 0.53 (11.31) 1.74 0.46 2.56 3.04 Operating Profit Margin 10.04 (0.79) (29.91) (69.75) 9.87 12.35 Earnings (Loss) Per Share (0.37) (2.88) 0.21 (0.07) 0.38 0.57 Closing Stock Price 15.67 20.00 6.56 6.56 11.50 11.00 P.E. Ratio (42.35) (6.94) 31.24 (93.71) 30.26 19.30 *Restated

JAMAICA STOCK EXCHANGE 97 YEAR BOOK 2009 Montego Freeport Ltd. (MFP JMP693931030)

Financial Year End March 31

Board of Directors John Gourzong (Chairman); Barrington Baugh; Melissa Chang; Richard Clarke resigned effective effective March 31, 2010; Robert Russell; Methelina Scarlett Jones; Dale Sinclair; Michael Subratie; Joy Douglas appointed effective April 1, 2010

Secretary Marlene McLean

Registrar Marlene McLean P.O. Box 303, Montego Bay

Subsidiaries Montego Shopping Centre Limited

Principal Activities Sale of Land

Telephone (876) 979-8140/8141

Fax (876) 979-8425

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 563,066 563,066 563,066 563,066 563,066 563,066

Shareholders' Equity 1,707,464 1,942,515 1,940,215 1,822,146 1,771,284 * 2,251,095 Long Term Liability 0 0 0 0 0 0 Gearing Debt 0 0 0 0 0 0 Current Assets 756,208 1,214,432 684,852 * 277,514 184,016 757,763 Current Liabilities 224,713 158,032 340,280 * 16,734 40,892 17,580

PROFIT & LOSS (000) Turnover 423,858 217,316 142,333 * 87,128 160,561 * 94,614 % incr. (decr.) over prior yr. 95.04 52.68 63.36 (45.74) 69.70 (22.76) Pre-tax Profit (Loss) 391,409 288,249 118,251 49,104 137,672 166,070 % incr. (decr.) over prior yr. 35.79 143.76 140.82 (64.33) (17.10) 14.44 Aftertax Profit (Loss) 361,798 284,327 118,069 50,862 122,669 170,167 % incr (decr.). over prior yr. 27.25 140.81 132.14 (58.54) (27.91) 26.07 Exceptional Items 0 0 0 0 0 0

IMPORTANT RATIOS Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets ratio 3.37 7.68 2.01 16.58 4.50 43.10 Return on Equity 19.82 14.65 6.28 2.83 6.10 7.86 Operating Profit (Loss) Margin 92.34 132.64 83.08 56.36 85.74 * 175.52 Earnings (Loss) Per Share 0.64 0.50 0.21 0.09 0.22 0.30 Closing Stock Price 1.55 2.15 2.00 1.45 2.06 3.40 P.E. Ratio 2.42 4.30 9.52 16.11 9.36 11.33 *Restated

JAMAICA STOCK EXCHANGE 98 YEAR BOOK 2009 NCB Jamaica Limited (NCB JMP710541039)

Financial Year End September 30

Board of Directors Hon. Michael A. Lee-Chin (Chairman); Patrick Andrew Alwyn Hylton (Group Managing Director) Wayne C. Chen; Dr. Nigel Andrew Lincoln Clarke; Sandra A.C. Glasgow; Hon. Noel A.A. Hylton O.J., C.D., Hon. LLD.; Donovan Anthony Lewis; Thalia G. Lyn; Dennis G. Cohen (Deputy Managing Director); Professor Alvin G. Wint; Robert Almeida

Secretary Dave Garcia

Registrar NCB Jamaica Nominees Limited, 2nd Floor, The Atrium, 32 Trafalgar Road, Kingston 10

Subsidiaries Data-Cap Processing Ltd; NCB Capital Markets Ltd.; Mutual Security Insurance Brokers Ltd. NCB (Cayman) Ltd.; N.C.B. (Investments) Ltd. - Dormant; N.C.B. Jamaica (Nominees) Ltd.; NCB Insurance Company Ltd.; West Indies Trust Company Ltd.; NCB Remittance Services (Jamaica) Limited NCB Remittance Services (UK) Limited

Principal Activities Commercial banking and as indicated above. Website: www.jncb.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 2,466,763 2,466,763 2,466,763 2,466,763 2,466,473 2,466,763

Shareholders' Equity 41,015,946 31,312,662 28,554,026 24,589,987 21,213,463* 16,294,005 Total Assets 315,096,477 291,153,397 254,183,354 223,138,804 190,341,294* 175,872,017 Deposits 130,331,351 126,099,896 118,518,051 99,026,503 85,067,749* 79,862,280 Loans & Advances 88,178,270 82,169,396 56,525,564 42,219,840 36,064,342* 34,024,628 Investments 169,113,373 155,849,183 143,977,692 124,619,942 94,342,751* 78,678,717

PROFIT & LOSS (000) Turnover 43,721,715 38,296,327 32,788,172 29,209,425 26,344,282* 24,811,710 % incr. over prior yr 14.17 16.80 12.25 10.88 6.18 14.12 Pre-tax Profit 13,133,635 10,808,009 8,593,844 6,930,554 5,837,435* 3,860,114 % decr. over prior yr. 21.52 25.76 24.00 18.73 51.22 11.46 Aftertax Profit/Loss 10,248,185 8,701,173 6,601,426 5,486,625 4,468,542* 3,216,738 % decr. over prior yr. 17.78 31.81 20.32 22.78 38.92 14.70 Exceptional Item ------Extraordinary Item ------Minority Interest ------

IMPORTANT RATIOS Return on equity 28.34 29.07 24.84 23.96 23.83 22.06 Asset Growth 8.22 14.54 13.91 17.23 8.23 20.55 Deposit Growth 3.36 6.40 19.68 16.41 6.52 14.60 Loan Growth 7.31 45.37 33.88 17.07 5.99 28.88 Loan & Investment Growth 8.10 18.71 20.18 27.94 15.71 (7.37) Return on Assets 3.25 2.99 2.60 2.46 2.35 1.83 Operating Profit (Loss) Margin 30.04 28.22 26.21 23.73 22.16 15.56 Earnings (Loss) Per Share 4.16 3.54 2.68 2.23 1.82 1.30 Closing Stock Price 13.00 20.00 22.40 18.21 18.00 25.20 P.E. Ratio 3.13 5.65 8.36 8.17 9.89 19.38 *Restated JAMAICA STOCK EXCHANGE 99 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 100 YEAR BOOK 2009 NCB Capital Market Ltd. (NCBCM11.75% JMP710501017)

Financial Year End September 30

Board of Directors Patrick Hylton (Chairman); Christopher C. Williams (Managing Director) resigned effective January 30, 2010 Dr. Nigel Andrew Lincoln Clarke; Michael Ammar Jnr.; John L.M. Bell; Dennis G. Cohen; Dr. Cecil Batchelor Shamena Khan; Yvonne Clarke; Septimus Blake; Harry A.J. Smith

Secretary Misheca Seymour Senior (Assistant Secretary)

Registrar NCB Jamaica Nominees Limited 2nd Floor, The Atrium, 32 Trafalgar Road, Kingston 10

Website: www.jncb.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 350,768,080 350,768,080 350,768,080 100,000,000 100,000,000

Shareholders' Equity 8,906,596 7,389,860 8,077,086 6,799,588 5,775,975 Total Assets 75,007,234 66,159,875 57,333,833 60,898,832 55,663,935 Repurchase Agreements 64,204,165 54,748,155 45,192,234 50,258,040 44,693,530 Loans & Advances Investments 40,115,038 55,232,163 51,709,984 43,542,614 30,278,084

PROFIT & LOSS (000) Turnover 9,538,851 7,494,970 7,419,533 7,517,750 7,516,634 % incr. over prior yr 27.27 1.02 (1.31) 0.01 Pre-tax Profit 2,213,363 683,454 2,034,347 1,549,104 2,307,255 % decr. over prior yr. 223.85 (66.40) 31.32 (32.86) Aftertax Profit/Loss 1,714,737 755,585 1,566,943 1,235,540 1,914,386 % decr. over prior yr. 126.94 (51.78) 26.82 (35.46)

IMPORTANT RATIOS Return on equity 21.04 9.77 21.07 19.65 Asset Growth 13.37 15.39 (5.85) 9.40 Repurchase Agreement Growth 17.27 21.15 (10.08) 12.45 Return on Assets 2.29 1.14 2.73 2.03 3.44 Operating Profit (Loss) Margin 23.20 9.12 27.42 20.61 30.70 Earnings (Loss) Per Share 1.42 0.64 1.30 1.02 1.59 Closing Stock Price 2.61 2.90 2.90 3.20

*Restated

JAMAICA STOCK EXCHANGE 101 YEAR BOOK 2009 Palace Amusement Co. Ltd. (PAL JMP744941080)

Financial Year End June 30

Board of Directors Douglas Graham (Chairman/Managing Director); Lloyd Alberga; Hugh Levy, Jnr.; Vincent Wong Ian Phillipson; Elon Beckford (Vice Chairman); Douglas Stiebel; Scott Graham; Steven Cooke; Christine McMorris Melanie Graham

Secretary Eileen A. Thomas

Registrar & Palace Amusement Co. Transfer Agent South Camp Road, Kingston C.S.O.

Subsidiaries Tropical Cinema Company Ltd ; Harbour View Cinema Company Ltd.; Cinema Company of Jamaica Ltd.

Principal Activities Cinema owners and operators

Website: www.palaceamusement.com

Email: [email protected] [email protected] Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 1,437 1,437 1,437 1,437 1,437 1,437

Shareholders' Equity 244,254 252,941 229,501 235,438 244,705 234,876 Long Term Liability 5,068 328 4,757 11,976 21,487 33,543 Gearing Debt 14,601 8,491 23,760 40,504 46,587 70,783 Current Assets 123,895 139,789 100,235 85,109 104,397 116,742 Current Liabilities 80,025 63,747 56,486 57,965 76,930 96,232

PROFIT & LOSS (000) Turnover 512,922 479,866 414,727 355,148 433,499 513,225 % incr. over prior yr. 6.89 15.71 16.78 (18.07) (15.53) 21.73 Pre-tax Profit (Loss) (6,715) 28,349 1,969 (9,666) 7,353 8,717 % incr. (decr.) over prior yr. (123.69) 1,340 (120.37) (231.46) (15.65) 328.35 Aftertax Profit (Loss) (5,286) 21,582 (5,598) (6,348) 7,670 3,064 % incr (decr.). over prior yr. (124.49) 486 (11.81) (182.76) 150.33 (10.57) Extraordinary Item 0 0 0 0 0 0 Minority Interests (240) 1,189 (94) 280 (4,602) (28)

IMPORTANT RATIOS Debt\Equity Ratio 0.06 0.03 0.10 0.17 0.19 0.30 Current Assets Ratio 1.55 2.19 1.77 1.47 1.36 1.21 Return on Equity (2.13) 8.95 (2.41) (2.64) 3.20 1.32 Operating Profit (Loss) Margin (0.01) 0.06 0.00 (0.03) 0.02 0.02 Earnings (Loss) Per Share 3.51 14.19 (3.83) (4.42) 5.34 2.13 Closing Stock Price 60.00 50.00 31.45 31.45 52.70 68.00 P.E. Ratio 17.09 3.52 (8.21) (7.12) 9.87 31.92

* = Restated

JAMAICA STOCK EXCHANGE 102 YEAR BOOK 2009 Pan Caribbean Financial Services (PCFS JMP7490E1040)

Financial Year End December 31

Board of Directors Richard O. Byles (Chairman); Donovan H. Perkins (President & Chief Executive Officer); Jeffrey Cobham Dr. M. Patricia Downes-Grant; Dodridge D. Miller; Patrick Lynch; Peter K. Melhado (Deputy Chairman) Lisa A. Lewis; R. Hayden Singh; Colin Steele; Christopher DeCaires; Richard L. Downer

Secretary Gene M. Douglas, M.B.A., F.C.I.S.

Registrar & Pan Caribbean Merchant Bank Limited Transfer Agent Corporate Trust Division, 60 Knutsford Boulevard, Kingston 5

Subsidiary Companies: PanCaribbeanBank Ltd.; Pan Caribbean Asset Management Ltd.; Pan Caribbean Investments Ltd. Pan Caribbean Securities Ltd.; Manufacturers Investments Limited

Principal Activities: Investments, securities trading, merchant banking

E-mail: [email protected]

Website: www.gopancaribbean.com

Telephone Nos: (876) 929-5583/4; (876) 929-3096

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 547,924 547,924 542,876 542,876 537,707 514,308

Shareholders' Equity 7,907,817 7,084,189 7,530,930 7,204,134 6,148,806 5,687,489 * Total Assets 65,245,567 63,772,864 49,797,164 44,739,722 39,946,362 40,873,827 * Deposits 8,782,495 7,457,170 5,489,757 4,476,805 4,203,475 3,422,977 * Loans 8,653,610 8,371,067 7,118,412 5,474,798 5,004,388 3,783,955 * Investments 27,487,727 25,208,695 20,026,884 21,395,320 16,905,116* 15,594,050 Minority Interest ------

PROFIT & LOSS (000) Turnover 8,871,529 6,814,826 6,027,671 5,445,276 5,183,212* 5,708,549 * % incr. (decr.) over prior yr. 30.18 13.06 10.70 5.06 (9.20) 88.12 Pre-tax Profit 1,959,266 1,834,829 1,674,736 1,496,122 1,365,282 1,131,082 * % incr. (decr.) over prior yr. 6.78 9.56 11.94 9.58 20.71 235.02 Aftertax Profit 1,477,844 1,380,932 1,212,994 1,112,670 1,001,505 829,184 * % incr. (decr.) over prior yr. 7.02 13.84 9.02 11.10 20.78 142.33 Minority Interest - - -

IMPORTANT RATIOS Return on equity 19.72 18.90 16.46 16.67 16.92 23.06 Return on Assets 2.27 2.17 2.44 2.49 2.51 2.03 Deposit Growth 0.18 0.36 0.23 0.07 0.23 3.72 Loan Growth 3.38 17.60 30.02 9.40 32.25 238.96 Operating Profit Margin 22.08 26.92 27.78 27.48 26.34 19.81 Earnings Per Share 2.70 2.52 2.23 2.06 1.86 1.81 Closing Stock Price 18.10 12.00 20.00 23.00 24.30 34.10 P.E. Ratio 6.70 4.76 8.97 11.17 13.06 18.84 *Restated

JAMAICA STOCK EXCHANGE 103 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 104 YEAR BOOK 2009 Pan-Jamaica Investment Trust Ltd. (PJAM JMP749981081)

Financial Year End December 31

Board of Directors Hon. Maurice W. Facey, O.J. (Chairman); Stephen B. Facey (President & CEO); W.G. Bryan Ewen Donovan H. Perkins; Richard O. Byles; Roy Collister died on April 11, 2010; Paul A. Facey

Secretary Gene M. Douglas, F.C.I.S.; M.B.A

Registrar & Pan Caribbean Merchant Bank Limited Transfer Agent 64 Knutsford Boulevard, Kingston 5 Subsidiaries: First Jamaica Investments Limited; Jamaican Floral Exports Limited; Busha Browne's Company Limited Pan Jamaican Mortgage Society Limited; Portfolio Partners Limited; Jamaica Property Company Limited Jamaica Property Management Limited; Jamaica Property Development Limited; Knutsford Holdings Limited Scott's Preserves Limited; St. Andrew Developers Limited; Sagicor Life Jamaica Limited Hardware & Lumber Limited

Associated Companies: Hardware & Lumber Limited.

Principal Activities: Property investment, real estate development.

Telephone No: (876) 929-4510

Website: www.panjam.com.jm Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 173,535 173,535 173,535 173,535 173,532 173,377

Shareholders' Equity 8,933,605 7,430,746 7,095,698 * 6,991,015 6,102,785 4,289,126 * Long Term Liability 241,924 495,950 393,570 571,263 561,339 * 141,653 * Gearing Debt 244,534 497,153 411,308 577,273 568,801 * 577,541 * Current Assets 982,248 357,173 661,709 612,119 974,574 * 1,270,487 * Current Liabilities 83,299 1,470 137,416 17,092 84,525 * 124,644 Minority Interest 3,248,427 2,710,479 2,515,737 * 2,463,379 2,135,302 * 1,404,693 *

PROFIT & LOSS (000) Turnover 1,736,014 1,587,111 1,374,526 1,142,106 1,023,050 * 706,746 * % incr. over prior yr. 9.38 15.47 20.35 11.64 44.75 (89.20) Pre-tax Profit 2,115,020 1,699,803 1,500,745 * 1,249,431 1,186,306 * 1,013,138 * % incr. (decr.) over prior yr. 24.43 13.26 20.11 5.32 17.09 4.95 * Aftertax Profit 1,935,133 1,617,271 1,372,907 * 1,135,374 1,071,051 * 1,640,607 * % incr. (decr.) over prior yr. 19.65 17.80 20.92 6.01 (34.72) 77.10 Extraordinary/Except. items - - - - 1,626,571 - Minority Interest 539,456 475,024 381,798 313,324 752,801 * 443,652 *

IMPORTANT RATIOS Debt/Equity 0.03 0.07 0.06 0.08 0.09 0.13 Current Assets Ratio 11.79 242.97 4.82 35.81 11.53 10.19 Return on Equity 23.65 22.27 19.49 17.34 20.61 45.08 Operating Profit Margin 121.83 107.10 109.18 109.40 115.96 143.35 Earnings Per Share 8.00 6.55 5.69 4.80 4.53 4.11 * Closing Stock Price 36.00 25.00 50.00 56.50 55.00 53.00 P.E. Ratio 4.50 3.82 8.79 11.77 12.14 12.90

*Restated

JAMAICA STOCK EXCHANGE 105 YEAR BOOK 2009 Pegasus Hotels of Jamaica (PEG JMP7654H1098)

Financial Year End March 31

Board of Directors Dr. The Hon. John J. Issa (Chairman); Rev Denzil Barnes; Christopher Bovell; Joy Douglas; Alston Douglas Daniella Gentles; Michael Subratie; Desmond Young; Robert Russell; Dahlia Kelly

Secretary Marlene McLean

Registrar & N.C.B. Jamaica (Nominees) Limited Transfer Agent 32 Trafalgar Road, P.O. Box 314, Kingston 10 Principal Activities Hotel Operators

Website: www.jamaicapegasus.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 120,166 120,166 120,166 120,166 120,166 120,166

Shareholders' Equity 3,859,417 3,351,370 2,857,513 2,502,296 2,288,508 2,014,691 Long Term Liability 49,282 45,056 19,995 37,961 14,448 15,413 Gearing Debt 92,139 76,977 38,011 54,461 37,261 35,988 Current Assets 194,514 242,404 259,188 226,180 166,657 * 193,589 Current Liabilities 170,332 135,857 130,390 110,273 85,016 * 81,123

PROFIT & LOSS (000) Turnover 1,002,775 676,291 738,015 658,433 589,591 538,073 % incr. (decr.) over prior yr. 48.28 (8.36) 12.09 11.68 9.57 13.28 Pre-tax Profit/(Loss) 80,340 63,178 53,318 27,218 45,330 32,365 % incr. (decr.) over prior yr. 27.16 18.49 95.89 (39.96) 40.06 21.55 Aftertax Profit/(Loss) 55,243 39,015 41,080 17,402 30,692 20,115 % incr. (decr.) over prior yr. 41.59 (5.03) 136.06 (43.30) 52.58 2.29 Exceptional Item 0 0 0 0 0 0

IMPORTANT RATIOS Debt/Equity 0.02 0.02 0.01 0.02 0.02 0.02 Current Assets Ratio 1.14 1.78 1.99 2.05 1.96 2.39 Return on Equity 1.53 1.26 1.53 0.73 1.43 1.05 Operating Profit Margin 8.01 9.34 7.22 4.13 7.69 6.01 Earnings Per Share 0.46 0.32 0.34 0.14 0.26 0.17 Closing Stock Price 15.00 16.00 10.50 8.50 10.00 9.00 P.E. Ratio 32.61 50.00 30.88 60.71 38.46 52.94

JAMAICA STOCK EXCHANGE 106 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 107 YEAR BOOK 2009 Pulse Investments Ltd. ( PULS JMP792921018)

Financial Year End June 30

Board of Directors Kingsley Cooper (CEO); Romae Gordon (General Manager & Company Secretary) Walric Peddie (Senior Marketing Executive); Edna Campbell (Financial Controller) Nicole Hyons (Manager, Executive Services); Marva Chang (Consultant, Finance & Planning)

Secretary Romae Gordon

Registrar & KPMG Regulatory & Compliance Transfer Agent 6 Duke Street, Kingston

Financial Data

2009 2008 2007 2006 2005 1996 BALANCE SHEET (000) No. of Shares issued 271,789 253,670 253,670 253,670 31,549

Shareholders' Equity 1,707,824 1,484,625 * 931,937 665,793 550,111 23,184 Long Term Liability 8,047 10,848 13,211 1,683 12,200 Gearing Debt 35,189 27,951 28,507 25,082 17,220 5,797 Current Assets 1,218,907 1,051,256 578,321 327,160 186,005 20,860 Current Liabilities 113,473 60,865 * 41,226 75,741 39,598 20,299

PROFIT & LOSS (000) Turnover 1,554,791 1,356,745 788,792 449,011 221,158 43,019 % incr. over prior yr 14.60 72.00 75.67 103.03 58.68 Pre-tax Profoit (Loss) 223,199 429,891 266,143 117,548 63,005 (2,843) % incr. (decr.) over prior yr. (48.08) 61.53 126.41 86.57 (170.18) Aftertax Profit (Loss) 223,199 429,891 266,143 117,548 63,005 (2,843) % incr. (decr.) over prior yr. (48.08) 61.53 126.41 86.57 (170.27)

IMPORTANT RATIOS Debt/Equity 0.02 0.02 0.03 0.04 0.03 0.25 Current Assets ratio 10.74 17.27 14.03 4.32 4.70 1.03 Return on equity 13.98 35.58 33.32 19.34 (11.97) Gross (Loss) Profit Margin 14.36 31.69 33.74 26.18 28.49 (6.61) Earnings (Loss) Per Share 0.80 1.58 1.05 0.88 1.62 (0.09) Closing Stock Price 5.44 6.40 2.00 2.30 2.30 2.30 P.E. Ratio 6.80 4.05 1.90 2.61 1.42 (25.56)

JAMAICA STOCK EXCHANGE 108 YEAR BOOK 2009 Radio Jamaica Limited (RJR JMP798411055)

Financial Year End March 31

Board of Directors J. A. Lester Spaulding, C.D., J.P. (Chairman/Managing Director); Gary Allen (Deputy Managing Director); Carl Domville; Karl Lewin; Holford Plummer; Patricia Robinson; Milton Samuda; Ian Neita; Glenworth Francis Stephen Greig (Company Secretary)

Secretary Stephen A. Grieg, LL.B.

Registrar & Jamaica Central Securities Depository Limited Transfer Agent 40 Harbour Street, Kingston

Subsidiaries Jamaica News Network JNN Limited (JNN); Reggae Entertainment Television Limited (RETV) Television Jamaica Limited; Multi-Media Jamaica Limited

Principal Activities Mass media communications: through operation of commercial radio stations, a television station and multi-media company.

E-mail Address [email protected]

Financial Data

2009 2008 2007 2006 2005 2004* BALANCE SHEET (000) No. of Shares issued 351,977 351,977 351,977 344,977 344,977 287,481

Shareholders' Equity 920,516 1,077,474 1,061,361 * 997,597 943,443 586,243 * Long Term Liability 84,729 60,254 85,001 75,731 97,224 217,775 Gearing Debt 99,351 69,403 95,340 83,354 103,393 221,012 Current Assets 367,382 400,636 428,749 * 385,177 514,263 307,353 Current Liabilities 201,845 189,080 176,832 121,638 138,308 159,645

PROFIT & LOSS (000) Turnover 1,606,553 1,518,681 * 1,446,254 1,248,069 1,148,817 988,135 % incr. over prior yr 5.79 5.01 15.88 8.64 16.26 10.54 Pre-tax Profit (98,827) 65,614 13,955 125,726 152,632 132,420 * % incr. over prior yr. (250.62) 370.18 (88.90) (17.63) 15.26 (25.29) Aftertax Profit (139,975) 41,621 (32,368) 93,044 114,436 85,172 * % incr. over prior yr. (436.31) 228.59 (134.79) (18.69) 34.36 (32.77) Exceptional Items -

IMPORTANT RATIOS Debt/Equity 0.11 0.06 0.09 0.08 0.11 0.38 Current Assets Ratio 1.82 2.12 2.42 3.17 3.72 1.93 Return on Equity (14.01) 3.89 (3.14) 9.59 14.96 15.57 Operating Profit Margin (6.15) 4.32 0.96 10.07 13.29 13.40 Earnings Per Share (0.38) 0.15 (0.08) 0.27 0.37 0.29 Closing Stock Price 3.00 3.15 4.35 5.11 6.20 6.25 P.E. Ratio (7.89) 21.00 (54.38) 18.93 16.76 21.55

RJR’s year end was changed to 31 March 2002, therefore the current financial year consist of 15 months.

JAMAICA STOCK EXCHANGE 109 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 110 YEAR BOOK 2009 Salada Foods Limited (SALF JMP8317211098)

Financial Year End September 30

Board of Directors Michael Bernard; Eleanor Brown; Jeffrey Cobham; Oliver Holmes; John Rosen (Managing Director) John Bell (Chairman); Eric Stultz; Keisha Nelson-Brown

Secretary M. Olivia Glover

Registrar Duke Corporation, Scotiabank Centre, Duke Street, Kingston

Subsidiaries Coffee Company of Jamaica Limited; Shirriff's (Jamaica) Limited

Principal Manufacturers of Instant roasted and ground coffee, roasted whole beans Activities Website: www.saladafoodsjamaica.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 10,388 10,388 10,388 10,388 10,388 10,388

Shareholders' Equity 457,138 348,943 273,615 205,449 168,524 * 170,519 Long Term Liability 0 1,311 7,211 12,262 17,266 22,412 Gearing Debt 3,447 7,153 12,883 18,034 24,497 27,715 Current Assets 463,894 337,502 266,974 191,265 157,749 159,552 Current Liabilities 57,676 42,538 41,458 34,110 37,486 46,807

PROFIT & LOSS (000) Turnover 432,425 393,802 342,751 302,926 268,739 248,951 % incr. over prior yr. 9.81 14.89 13.15 12.72 7.95 15.41 Pre-tax Profit (Loss) 161,838 114,034 102,834 56,093 5,568 36,161 % incr. over prior yr. 41.92 10.89 83.33 907.42 (84.60) 34.68 Aftertax Profit (Loss) 108,195 75,328 68,166 36,925 2,745 24,101 % incr (decr.). over prior yr. 43.63 10.51 84.61 1245.17 (88.61) 44.72 Exceptional items ------Extraordinary items ------

IMPORTANT RATIOS Debt/Equity 0.01 0.02 0.05 0.09 0.15 0.16 Current Assets Ratio 8.04 7.93 6.44 5.61 4.21 3.41 Return on Equity 26.84 24.20 28.46 19.75 1.62 15.21 Operating Profit (Loss) Margin 37.43 28.96 30.00 18.52 2.07 14.53 Earnings (Loss) Per Share 1.04 0.73 6.56 3.55 2.32 2.32 Closing Stock Price 7.51 130.00 67.00 26.00 22.00 20.00 P.E. Ratio 7.22 178.08 10.21 7.32 9.48 8.62

JAMAICA STOCK EXCHANGE 111 YEAR BOOK 2009 Scotia Group Jamaica Ltd. (BNSJ JMP191761098)

Financial Year End October 31

Board of Directors Robert H. Pitifield (Chairman); Hon. Mayer Matalon, O.J. (Deputy Chairman); Bruce Bowen ( President & CEO) Barbara Alexander; Anthony Chang; Muna Issa (resigned effective July 19, 2010); Jeffrey Hall; Pasquale Minicucci; Charles Johnston; Warren McDonald; Herbert Thompson; Professor Stephen Vasciannie; Richard Waugh Sylvia Chrominska appointed effective February 24, 2010 Secretary Julie Thompson-James

Registrar & Scotia Jamaica Investment Management Ltd. Transfer Agent 4th Floor, Scotiabank Centre, Cnr. Duke & Port Royal Streets P.O. Box 627, Kingston. Principal Activities Scotia Group Jamaica Limited is a holding Company and its management functions are done through The Bank of Nova Scotia Jamaica Limited Website: www.scotiabank.com.jm

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 1996 BALANCE SHEET (000) No. of Shares issued 3,111,573 3,111,573 3,111,573 253,670 31,549

Shareholders' Equity 47,943,864 39,756,029 36,308,226 27,389,555 550,111 23,184 Total Assets 315,555,872 280,284,251 263,125,631 199,840,115 12,200 Deposits 141,877,096 130,673,257 131,017,687 113,279,538 17,220 5,797 Loans 92,622,725 89,967,269 77,737,117 60,189,926 186,005 20,860 Investments 74,445,922 55,713,512 60,871,099 47,906,955 39,598 20,299

PROFIT & LOSS (000) Turnover 47,160,703 38,364,947 31,689,438 27,046,527 221,158 43,019 % incr. over prior yr 22.93 21.07 17.17 58.68 Pre-tax Profit 15,379,659 13,119,095 10,167,221 9,315,624 63,005 (2,843) % incr. over prior yr. 17.23 29.03 9.14 (170.18) Aftertax Profit 11,605,459 9,624,057 7,610,060 6,798,908 63,005 (2,843) % incr. over prior yr. 20.59 26.46 11.93 (170.27)

IMPORTANT RATIOS Return on equity 26.47 25.31 23.89 0.03 0.25 Asset Growth 12.58 6.52 31.67 4.70 1.03 Deposit Growth 8.57 -0.26 15.66 (11.97) Loan Growth 2.95 15.73 29.15 28.49 (6.61) Loan & Investment Growth 14.68 5.10 28.23 1.62 (0.09) Return on Assets 3.68 3.43 2.89 3.40 2.30 2.30 Operating Profit Margin 32.61 34.20 32.08 34.44 1.42 (25.56) Earnings Per Share 3.58 3.02 2.48 2.32 Closing Stock Price 17.87 20.40 21.03 P.E. Ratio 4.99 6.75 8.48

JAMAICA STOCK EXCHANGE 112 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 113 YEAR BOOK 2009 Seprod Limited (SEP JMP8579T10370)

Financial Year End December 31

Board of Directors Paul B. Scott (Chairman) ; Dr. Richard A. Jones (Deputy Chairman); Byron E. Thompson (CEO / Group Managing Director); Dr. Nigel A. Clarke; Geoffrey E. Messado; Anthony Hart; Wayne McLaughlin; Hon. Emil C. George Granville E. Marsh; Dr. Ralph C. Thompson; Peter John Thwaites; Melanie Subratie ; Michael Subratie

Secretary Marilyn Anderson

Registrar & Jamaica Central Securities Depository Ltd. Transfer Agent 40 Harbour Street, Kingston

Subsidiaries Caribbean Products Company Ltd.; Jamaica Edible Oils and Fats Company Ltd.; Jamaica Grain and Cereals Ltd Industrial Sales Ltd.; Jamaica Detergents Ltd.; Jamaica Feeds Ltd.; Serge Islands Dairies Ltd.; Serge Island Farms Ltd. Belvedere Ltd.; International Biscuits Ltd.; Golden Grove Sugar Company Limited

Principal Activities Manufacture of edible oils and fats and corn based products, manufacture of milk, drinks and Juices and distribution of these and many other consumer products.

Website: www.seprod.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 516,398 516,398 516,398 516,398 516,398 516,398

Shareholders' Equity 6,978,352 5,875,350 5,255,547 4,423,726 4,113,603 3,499,773 Long Term Liability 633,255 366,302 410,094 399,145 467,434 206,358 Gearing Debt 798,390 472,533 501,712 777,211 545,986 369,572 Current Assets 4,367,345 3,379,779 2,533,041 1,972,887 1,343,852 1,325,266 Current Liabilities 1,156,161 871,490 599,539 781,596 521,856 424,079

PROFIT & LOSS (000) Turnover 9,495,060 9,257,660 6,189,984 4,883,891 3,953,775 3,346,651 % incr. over prior yr. 2.56 49.56 26.74 23.52 18.14 17.19 Pre-tax Profit 2,185,901 1,435,462 1,235,069 678,786 922,419 665,912 * % incr. (decr.) over prior yr. 52.28 16.23 81.95 (26.41) 38.52 28.29 Aftertax Profit 1,485,937 938,203 1,013,009 460,992 750,180 547,717 % incr. (decr.) over prior yr. 58.38 (7.38) 119.75 (38.55) 36.96 30.09 Exceptional Items ------Extraordinary Items ------

IMPORTANT RATIOS Debt/Equity 0.11 0.08 0.10 0.18 0.13 0.11 Current Assets Ratio 3.78 3.88 4.22 2.52 2.58 3.13 Return on Equity 23.12 16.86 20.93 10.80 19.71 31.30 Operating Profit Margin 23.02 15.51 19.95 13.90 23.33 19.90 Earnings Per Share 2.86 1.82 1.96 0.89 1.45 1.06 Closing Stock Price 18.00 17.80 14.04 16.00 16.00 12.15 P.E. Ratio 6.29 9.78 7.16 17.98 11.03 11.46

JAMAICA STOCK EXCHANGE 114 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 115 YEAR BOOK 2009 Supreme Ventures Ltd. ( SVL JMP8805B1082)

Financial Year End December 31

Board of Directors Paul Hoo (Chairman); Ian K. Levy (Deputy Chairman); Brian George (President & CEO) Janette Stewart; John Graham; Curtis Martin; David McBean; Stephen Castagne Barrington Chisolm; Winsome Minott

Secretary Winsome Minott

Registrar & Jamaica Central Securities Depository Transfer Agent 40 Harbour Street, Kingston

Subsidiaries Supreme Ventures Lotteries Limited; Supreme Ventures Financial Services Limited Supreme Ventures VL Holdings Limited (St. Lucia); Jamaica Lottery Company Holdings Limited Prime Sports Jamaica Limited; Bingo Investments Limited; Big "A" Track 2003 Limited

Website: www.supremeventures.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 BALANCE SHEET (000) No. of Shares issued 2,637,255 2,637,255 2,637,255 2,637,255 2,637,255 516,398

Shareholders' Equity 3,112,916 2,946,073 2,424,105 2,006,777 * 1,713,520 3,499,773 Long Term Liability 127,307 267,803 375,777 93,222 124,808 206,358 Gearing Debt 292,796 400,869 544,970 129,791 * 135,935 369,572 Current Assets 1,559,235 1,219,003 1,133,557 556,309 869,832 1,325,266 Current Liabilities 1,144,693 1,081,711 1,085,322 746,174 693,760 424,079

PROFIT & LOSS (000) Turnover 28,167,960 21,204,444 18,946,913 15,947,789 14,350,135 3,346,651 % incr. over prior yr 32.84 11.92 18.81 11.13 17.19 Pre-tax Profit 1,265,884 1,107,833 631,231 256,767 285,684 665,912 % incr. (decr.) over prior yr. 14.27 75.50 145.84 (10.12) 28.29 Aftertax Profit 751,202 645,989 405,400 165,348 190,191 547,717 % incr. (decr.) over prior yr. 16.29 59.35 145.18 (13.06) 30.09 Extraordinary Items - - - - IMPORTANT RATIOS Debt/Equity 0.09 0.14 0.22 0.06 0.08 Current Assets Ratio 1.36 1.13 1.04 0.75 1.25 0.11 Return on Equity 24.80 24.06 18.30 8.89 11.10 3.13 Operating Profit Margin 4.49 5.22 3.33 1.61 1.99 31.30 Earnings Per Share 0.29 0.24 0.15 0.06 0.18 19.90 Closing Stock Price 2.01 2.70 2.40 1.99 1.06 P.E. Ratio 6.93 11.25 16.00 33.17 12.15 11.46

JAMAICA STOCK EXCHANGE 116 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 117 YEAR BOOK 2009 Trinidad Cement Limited

Financial Year End December 31

Board of Directors Andy J. Bhajan (Chairman); Dr. Rollin Bertrand (Group CEO); Eutrice Carrington; Jeffrey McFarlane Yusuff Omar; Carlos Hee Houng; Brian Young; Aleem Mohammed; Leonard Nurse

Secretary Alan Nobie

Registrar & Trinidad Cement Limited, Southern Main Road, Claxton Bay, Trinidad & Tobago Transfer Agent Subsidiaries Caribbean Cement Company Ltd.- Jamaica ; Arawak Cement Company Ltd.- Barbados; Readymix (West Indies) Limited- Trinidad; TCL Packaging Limited- Trinidad; TCL Ponsa Manufacturing Limited- Trinidad; TCL Guyana Incorporated- Guyana; TCL Trading Limited- Anguilla

Principal Activities Cement Manufacture and Sales

Website: www.tclgroup.com

Email: [email protected]

Financial Data

2009 2008 2007 2006 2005 2004 TT$ TT$ TT$ TT$ TT$ TT$ BALANCE SHEET (000) No. of Shares issued 249,765 249,765 249,765 249,765 249,765 249,765

Shareholders' Equity 1,459,739 1,372,153 1,313,735 1,158,981 1,031,841 939,374 Long Term Liability 1,619,421 1,722,557 1,587,466 1,443,777 1,351,182 983,293 Gearing Debt 1,652,219 1,659,322 1,540,236 1,405,482 1,307,072 934,355 Current Assets 781,547 833,286 872,876 778,614 782,226 530,363 Current Liabilities 835,668 767,898 591,873 518,700 457,850 393,032

PROFIT & LOSS (000) Turnover 1,755,837 2,074,428 1,922,957 1,719,002 1,429,834 1,329,900 % incr. (decr.) over prior yr. (15.36) 7.88 11.86 20.22 7.51 15.08 Pre-tax Profit 84,042 195,892 245,726 160,488 86,799 199,348 % incr. (decr.) over prior yr. (57.10) (20.28) 53.11 84.90 (56.46) 15.07 Aftertax Profit 94,281 156,319 211,443 151,767 153,767 183,792 % incr. (decr.) over prior yr. (39.69) (26.07) 39.32 (1.30) (16.34) 33.97 Minority Interest (23,648) (23,648) (23,648) (6,102) 6,559 (21,521)

IMPORTANT RATIOS Debt/Equity 1.13 1.21 1.17 1.21 1.27 0.99 Current Assets Ratio 0.94 1.09 1.47 1.50 1.71 1.35 Return on Equity 6.66 11.64 17.10 13.85 15.60 21.08 Operating Profit Margin 4.79 9.44 12.78 9.34 6.07 14.99 Earnings Per Share 0.39 0.56 0.77 0.60 0.66 0.67 Closing Stock Price 72.00 80.00 94.00 84.50 105.00 80.00

JAMAICA STOCK EXCHANGE 118 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

t And Tr ien an ic sp ff a E r , e r n i t a JSE CORPORATE HIGHLIGHTS 2009 S F t o A c

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” P Best Practices“ Awards 2008 The Jamaica Stock Exchange Best Practices Awards Banquet

orporate governance continues to environment where mediocrity abounds and Bovell. In third place was Scotia Group receive a high level of attention where bad policies and practices are being Jamaica Ltd, with runner up National worldwide The practice of good blamed for some of our current socio-economic Commercial Bank. The winner was NCB corporate governance is central to the woes, it is refreshing to see demonstrable Capital Markets Limited. C evidence of best practices being undertaken by health and stability of any economy and is the key to the integrity of corporations, financial our local organizations and more importantly, The Jamaica Stock Exchange Best institutions and markets. being recognized and hailed publicly…the three Performing Company Award seeks to identify imperatives that should always be included in and recognize outstanding performance by It can be concluded that the collapse of major (companies') business mantra are quality, listed companies that enhance shareholder corporations resulted from their failure to adapt better quality and best quality every time, no value in the areas of return on capital, improved good corporate governance principles and as a matter what. profitability and direct return on shareholdings. result of their shortcomings in this area, it led to The Chairman of this Committee was Dr. Noel a worldwide financial crisis. It was then left to the Chairman of the Best Reynolds. In third place was Pulse Practices Committee, Professor Neville Ying, to Investments Limited, the runner up was In order to restore investors' confidence, speak to the 2008 competition and announce Carreras Ltd. Montego Free Port was enhance corporate transparency and the winners. In his address he stated, “I am declared the winner. accountability, it is important that the best proud to be part of the Best Practices Awards practices of good corporate governance be Committee whose work over the last five years The Best Practices Investor Relations implemented and practiced. The Jamaica Stock has enabled this function to grow to become a (Stockbrokerage) Award Committee, Exchange in its quest to promote good calendar event. This is now an event to which chaired by Dr. Brian Langrin, recognizes corporate governance among listed companies Listed Companies, Brokerages and other excellence in the services provided by and brokerage houses, has established the stakeholders look forward to attending, and to stockbrokerages to investors, and was Jamaica Stock Exchange Best Practices share in the success of team work, hard work designed solely for the Brokerage Community. Awards. and dedication. This shows that hard work and In third place was JMMB Securities Ltd, with dedication is rewarding in the long run”. He then runner up Pan Caribbean Financial Services The Jamaica Stock Exchange Best Practices went on to announce the winners for each Limited. The winner in this category was Awards culminated on December 8, 2009 with a category. First Global Financial Limited. gala banquet at the Jamaica Pegasus Hotel under the theme “Prosperity and growth for The Best Practices Best Annual Report Award The Jamaica Stock Exchange Best Practices 2010”. The theme inspired the creative use of Committee chaired by Mr. Alvaro Casserly, Website Award is divided into two fruit trees in the décor for the event a fitting encourages public listed companies to produce categories; the Jamaica Stock Exchange symbol of growth and prosperity. In addition to comprehensive, more reader-friendly annual Website Award for Brokerages and the its aesthetic appeal, the trees would support the reports and to provide greater insight into Jamaica Stock Exchange Best Practices national tree planting drive which in turn, companies' financial affairs, governance Award for Listed Companies. This category bolsters the country's food security initiatives. practices and business activities. In the area of was designed to encourage listed companies Best Annual Report, third place went to JMMB and stockbrokerages to raise the quality and In her welcome remarks Mrs. Marlene Street and Sagicor Life Jamaica. The runners up efficiency of the dissemination of information to Forrest, General Manager of the Jamaica Stock were Scotia DBG Investments and Scotia the investing public via their website. The Exchange told the audience that “the Group Jamaica Limited. The company to Chairman of this committee was Mr. Errol implementation of Best Practice is about walk away with the winning award in this Anderson. The following companies won challenging ourselves, especially when the tides category was PanCaribbean Financial awards in the Listed Companies category: are rough. It is not about cutting corners when Services Limited. Scotia DBG Investments Limited was third the challenges present themselves. It is about place, with runner up Guardian Holdings principle and not exigency. I see Best Practices The Jamaica Stock Exchange Best Practice Limited. Trinidad Cement Limited was as a culture, as a lived experience that gets Corporate Disclosure and Investor Relations declared the winner. easier as we commit to getting it right”. Award serves to recognize companies that make timely and accurate reports and In the Brokerages category, in third place was As guest speaker on the topic “Quality, Better announcements to the JSE. This award also JMMB Securities Ltd with runner up Scotia quality and Best quality” Associate Professor Dr. encourages them to maintain good investor DBG Investments Limited and the winner Geraldene Hodelin, challenged all companies to relations with the wider investing public. This NCB Capital Markets Limited. attain their best. According to Dr. Hodelin “in an Committee was chaired by Mr. Christopher JAMAICA STOCK EXCHANGE 119 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” Listing Fees and Trading Charges for Main Market and Junior Market

MAIN MARKET LISTING FEES AND TRADING CHARGES Listing Fees - Effective January 1, 2010

PAR/MARKET CAPITAL INITIAL/ANNUAL LISTING SUPPLEMENTARY FEE FEE (Effective 2010) (Effective 2010)

Under 40m $70,421 $14,084 Over $40m - $90m $140,842 $21,126 Over $90m - $150m $176,052 $26,407 Over $150m - $250m $211,264 $31,689 Over $250m - $500m $352,107 $52,816 Over $500m - $1.5b $492,948 $70,421 Over $1.5b - $3.0b $633,792 $70,421 Over $3.0b - $4.0b $915,478 $70,421 Over $4.0b - $7.0b $1,056,321 $70,421 Over $7.0b $1,408,428 $70,421

Charges for the listing of a company's securities comprise an initial fee, an annual fee and a supplementary fee. These fees are in accordance with the scales set out by the Exchange from time to time.

(i) Initial Fee The initial fee, which is based on total issued share capital value of each new listing of securities not already listed, must accompany each Application for Listing. The minimum charge is $70,421.

(ii) Annual Fee Calculation of annual fees is payable based on the average market value at month-end for the previous twelve-month or shorter period (where applicable), of all classes of a company's securities which are the subject of listing. The minimum charge for Annual Fee is $70,421.

The Annual Fee becomes due on January 1 each year, following the calendar year of listing and must be forwarded to reach the Exchange within fourteen (14) days of that date.

Revised December 2009

JAMAICA STOCK EXCHANGE 120 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” Listing Fees and Trading Charges for Main Market and Junior Market

JUNIOR MARKET LISTING FEES & TRADING CHARGES Listing Fees - Effective January 1, 2010

STATED CAPITAL/MARKET INITIAL FEE/ANNUAL FEE SUPPLEMENTARY FEE CAPITALIZATION (Effective January 2010) (Effective January 2010)

$40m $35,210 $7,042

Over $40m - $90m $70,421 $10,563

Over $90m - $150m $88,027 $13,203

Over $150m - $250m $105,632 $15,844

Over 250m - $500m $176,053 $26,408

Charges for the listing of a company's securities comprise an initial fee, an annual fee and a supplementary fee. These fees are in accordance with the scales set out by the Exchange from time to time.

(i) Initial Fee The initial fee, which is based on total stated capital of each new listing of securities not already listed, must accompany each Application for Listing. The minimum charge is $35,210.

(ii) Annual Fee Calculation of annual fees is payable based on the average market value (market capitalization) at month-end for the previous twelve-month or shorter period (where applicable), of all classes of a company's securities which are the subject of listing. The minimum charge for Annual Fee is $35 210.

The Annual Fee becomes due on January 1 each year, following the calendar year of listing and must be forwarded to reach the Exchange within fourteen (14) days of that date.

Revised January 2010

JAMAICA STOCK EXCHANGE 121 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” Jamaica Stock Exchange Statement of Corporate Governance Principles & Practices

PREAMBLE

The Jamaica Stock Exchange recognizes that as a national self-regulatory organization with a mission to ensure and promote a fair and efficient stock market, it must embrace and practice sound corporate governance. These principles and the attendant structures should serve the best interest of all stakeholders and emphasize the highest standards of transparency, oversight and independence.

The intent is to protect the investing public while advancing the interests of shareholders and member/dealers. Confidence in the stock market will be enhanced by the clear demarcation of regulatory and normal operational functions.

These practices are consistent with world best practices and adhere to the relevant legal and regulatory framework. The corporate governance core practices of the JSE are rooted in the acceptance of the following principles:

1. Corporate Governance should establish a clear foundation for Management and Board oversight. The role and responsibilities of Board and Management should therefore be clearly outlined to facilitate accountability. 2. The Board of Directors should be structured and selected to ensure effectiveness, independence and protection of the public's interests through appropriate selection and operating processes. 3. Ethical standards and responsible decision-making should be promoted. 4. Governance should ensure that there is accurate, timely and full financial and governance reporting with strong internal controls and risk management. 5. Material information regarding the company's operations should be disclosed in a timely manner to the public and regulatory entities. 6. There should be regular reviews of Board and Management performance to enhance effectiveness. 7. Remuneration should be fair to attract and retain competent skills, and reward consistent with performance objectives. 8. The interests of stakeholders should be carefully balanced, protected and promoted.

ISSUES DESCRIPTION/PRINCIPLE Board Issues Accountability to The JSE is a public company with public responsibility. It must balance the shareholders/stakeholders interest of all stakeholders to foster a fair, efficient and transparent market.

Mission and Responsibility The Board members have the responsibility to attend meetings and familiarize themselves with, and make decisions on issues within their purview. Elections The provisions for elections of directors are set out in the Memorandum of Incorporation of the JSE and stipulate election of directors on an annual basis. Interest groups identified by the Board will propose independent directors to the Nominating Committee. Where an interest group fails to make a nomination, the Nominating Committee will propose directors for election. Orientation and Training Training is made available to directors upon appointment to the Board. The Exchange will organize orientation and training for any director within three (3) months of appointment to the Board. The Board will pursue a programme of continuous training and development, with emphasis placed on members chairing committees.

Access to Information The Board considers the provision of good quality, timely and accurate information as a significant priority in company procedures. Management has a responsibility to provide the Board with any information that will allow members to properly carry out its responsibilities. Disclosure of Directors’ Sufficient biographical data with the names of all directors, nominated or Biographical Information elected, will be presented to shareholders and directors. This allows for the proper selection of members to specific committees.

Composition Board members will be drawn from different interest groups and from member- dealers. Representation should reflect the diversity of stakeholders and the needs of the Company. The Board shall be comprised of member dealers,

independent directors and a non executive chairman. Multiple Board Seats Members must declare appointments to other companies. They must, at the beginning of the year, and as many times as their positions change, give a written declaration to the Board of the Exchange with pertinent information about the other Boards on which they serve.

Chairman & CEO The JSE will have a separate Chairman and CEO.

Independence Directors Independent Directors must meet the criteria set out in Appendix 1.

JAMAICA STOCK EXCHANGE 122 YEAR BOOK 2009 Jamaica Stock Exchange Statement of Corporate Governance Principles & Practices

Committees Composition There are both mandatory and non-mandatory committees of the Board. The mandatory committees of the Board are comprised of the Regulatory & Market Oversight Committee, the Audit & Finance Committee and the Compensation Committee. These are referred to in the JSE's Rules.

Each Committee has a written charter outlining its purpose and responsibilities and reporting format. Committees must meet at least twice annually.

Review Process

The Board of the JSE conducts regular reviews of the performance of the Committees. Chairmen of Committees are required to develop and present their key performance indicators the month prior to the beginning of each year.

Audit and Finance Committee The Audit & Finance Committee assists the Board with oversight responsibilities in regards to the integrity of the company's financial statements. It also serves as the communication link between the Board, the management team and the auditors. The Audit & Finance Committee ensures that the Company complies with legal and regulatory requirements.

JSE Membership Committee The JSE Membership Committee is responsible for processing and recording applications of Member Dealers for access of Member Dealers, attorneys/ traders, to conduct business on the floor of the Exchange and their use of these facilities.

Regulatory & Market The Regulatory and Market Oversight Committee (hereinafter called the “RMOC”) Oversight Committee is the Committee of the Board of Directors of the Exchange comprising the (RMOC) independent directors who are not the nominees or connected to any Member/Dealer of the Exchange. The Board of Directors of the Exchange has delegated responsibility to the RMOC for reviewing and ensuring compliance with and enforcement of the Laws, any Rules including Business Rules, contractual obligations and appropriate standards of conduct governing the Member/Dealers, their clients and participants on the Exchange. The RMOC shall be the disciplinary committee of the Exchange and may impose any of the penalties specified in Rule 228 upon a Member/Dealer in respect of whom disciplinary action is taken, which results in a finding of misconduct

Governance Committee The Corporate Governance Committee is responsible to develop, recommend and review Corporate Governance Principles, applicable to the Board, Management and listed companies. In addition the Committee has the responsibility to oversee the evaluation of the Board's other committees and make recommendations in respect to the structure of and effectiveness of the Committees.

Nominating Committee The Nominating Committee is comprised of the Chairman of the Board, the Chief Executive Officer and an Independent Member of the Board and is responsible for the recommendation of suitable candidates to fill vacancies on the Board.

Compensation The Compensation Committee of the JSE is made up exclusively of non-executive Committee directors who make recommendations on the company's framework of executive remuneration. The Committee reviews and approves corporate goals in relation to the CEO's compensation, evaluates the CEO's performance in light of the

company's goals and objectives and makes recommendations to the Board with respect to executive and non-executive compensation.

Listing Committee The Listing Committee ensures the quality and integrity of a listing on the JSE. It is responsible to process applications and make recommendations regarding approval of companies wishing to list on the JSE and review and make recommendations of standards to be observed for companies to remain listed. Other Committees These are formed as the directors see fit and includes the Executive Committee

JAMAICA STOCK EXCHANGE 123 YEAR BOOK 2009 Jamaica Stock Exchange Statement of Corporate Governance Principles & Practices

Board Meetings There are formal scheduled meetings of the Board at which matters are specifically reserved for discussions. Matters must be addressed within a reasonable time in order to prevent an overrun of pending items.

Procedure at Board Meetings In the interest of promoting and ensuring transparency all directors must: (a) Excuse himself/ herself from discussions in, and in making decisions on any matter in which he/she has a personal or business interest or companies on whose Board he/she sits or is connected. Further, members shall be bound by similar standards as outlined in Appendix 1- (Part K) of the JSE's Rules which addresses 'Acting in Concert'.

General Meetings General Meetings of shareholders are held each year. Communication with shareholders on decisions concerning material, fundamental corporate changes are made on a timely basis.

Performance Evaluation of Board Members and Senior Executives The Board recognizes the importance of each director working to fulfill the mandate of the company. This evaluation is subject to the review of the Corporate Governance Committee.

The Board recognizes the importance of evaluating the performance of each director, senior executives and the Board as a whole.

Term Limits Board Members are nominated by the Nominating Committee.

Committees Chairman/Deputy Chairman The Chairman and Deputy Chairman of the Board and Chairmen of Committees have recommended term limits (from one AGM to another AGM) as follows: (a) The Chairman can serve for five (5) consecutive terms; (b) The Deputy Chairman can serve for three (3) consecutive terms; (c) The Chairmen of Committees can serve for three consecutive terms, except for the Chairman of the Compensation Committee who can serve for a maximum of five consecutive terms.

Committee Members Members can sit for a maximum of three consecutive years. These members are not eligible to be re-elected in the year subsequent to the three-year consecutive stint. Past Board Chairmen should automatically sit on the Executive Committee for the year after demitting office as Chairman.

Age Limits The JSE has no maximum age limit for members sitting on the Board. However the minimum age limit is 18 years.

Transparency Directors are required to provide to the Corporate Governance Committee, information as it relates to business dealings, board affiliations and any other information that would pose a conflict of interest.

Accounting Standards The Jamaica Stock Exchange Board is governed by the standards as communicated from the Institute of Chartered Accountants of Jamaica.

Ethics The Jamaica Stock Exchange currently maintains ethics and confidentiality requirements for Directors and these are posted on the Website.

JAMAICA STOCK EXCHANGE 124 YEAR BOOK 2009 JAMAICA STOCK EXCHANGE 125 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

Brokerages & Contact Information

BARITA INVESTMENTS LTD. M/VL STOCKBROKERS LTD. 15 St. Lucia Way, 2-6 Grenada Crescent, Kingston 5 Kingston 5 Phone: 926-2681-2 / 926-2686 Phone: 960-1570 / 926-4319 Fax: 929-8432 Fax: 960-1571 e-mail: [email protected] e-mail: [email protected]

SCOTIA DBG INVESTMENTS LTD. NCB CAPITAL MARKETS LTD. 7 Holborn Road, 32 Trafalgar Road, 3rd Floor Kingston 10 Kingston 10 Phone: 960-6699 / 968-3365 Phone: 960-7108 Fax: 960-7649 Fax: 960-3984 TOLL FREE: 1-888-4-WEALTH e-mail: [email protected] e-mail: [email protected]

JMMB SECURITIES LTD. STOCKS AND SECURITIES LTD. 11 Knutsford Boulevard, 24-26 Grenada Crescent, Kingston 5 Kingston 5 Phone: 920-5039 / 920-4720 Phone: 929-3261 / 929-3400 Fax: 960-8106 Fax: 929-4825 e-mail: [email protected] e-mail: [email protected]

FIRST GLOBAL FINANCIAL VICTORIA MUTUAL WEALTH SERVICES LTD. MANAGEMENT LTD. 2 St. Lucia Avenue, 52 - 60 Grenada Crescent, Kingston 5 Kingston 5 Phone: 926-1275 Phone: 960-5000 - 3 Fax: 926-1279 / 929-6436 Fax:960-4972 e-mail: [email protected] e-mail: [email protected]

MAYBERRY INVESTMENTS LTD. CAPITAL & CREDIT SECURITIES LTD. 1 ½ 0xford Road, 18 Trafalgar Road, Kingston 5 Kingston 10 Phone: 929-1908-9 Phone: 946-1770 Fax: 929-1501 / 920-2103 Fax: 978-8005 e-mail: [email protected] e-mail: [email protected]

PAN CARIBBEAN FINANCIAL SERVICES LTD. 60 Knutsford Boulevard, Kingston 5 Phone: 929-5583/4 Fax: 926-0555 e-mail: [email protected]

JAMAICA STOCK EXCHANGE 126 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

INDEX TO ADVERTISERS

Capital & Credit Security ...... 67 Carreras Ltd ...... 70 COK Sodality Cop ...... 2 Ernst & Young Services Ltd...... 60 First Caribbean International Bank ...... 75 First Global Financial Services ...... Back Cover FSC ...... 125 Gleaner Company ...... 79 GraceKennedy ...... Inside Back Cover Ideal Portfolio ...... 29 Jamaica Broilers Group ...... 85 JMMB ...... 88 Jamaica Stock Exchange ...... 134 Lascelles deMercardo & Co ...... 35 Mayberry Investments Ltd ...... 96 NCB Capital Market ...... 100 Pan Jamaica Invt Trust Ltd...... 104 Pegasus Hotel ...... 107 Radio Jamaica Ltd ...... 110 RE/Max Elite ...... 58 Salada Foods ...... Inside Front Cover Scotia Group ...... 113 Seprod Ltd...... 115 Supreme Venture Ltd ...... 117 Victoria Mutual Group ...... 6

JAMAICA STOCK EXCHANGE 127 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” DIRECTORS AND SENIOR MANAGEMENT PROFILES OF DIRECTORS

Mr. Curtis Martin - Chairman

Mr. Curtis Martin is Deputy Group President of the Capital & Credit Financial Group, as well as President & CEO of Capital & Credit Merchant Bank (CCMB) and Capital & Credit Securities Ltd. (CCSL). He is an Investment Banker with over 29 years experience in the financial services sector. As Bank President, Mr. Martin has responsibility for CCMB's strategic and Operational development, and its day-to-day management. Since 2006 he has been appointed Chairman of the Jamaica Stock Exchange. Curtis holds a B.Sc. (Hons.) in Management Studies from the University of the West Indies and an MBA in Finance from Columbia University. He is married with two (2) children and is very keen on spending time with his family. His interest includes Bee Keeping and International Finance.

Mr. Edwin McKie

Mr. McKie is the Chairman and Managing Director of M/VL Stockbrokers Limited. Mr. McKie, who was awarded the Order of Distinction Commander Class for his services to Jamaica in the field of banking, is a former trade administrator and former Chairman of the Trade Board and the Agriculture Credit Bank. He also served as a Board Member of the National Investment Bank of Jamaica and the Bank of Jamaica. Mrs. Rita Humpries-Lewin He currently serves on the Board of the Development Bank of Jamaica. Mr. McKie is Mrs. Humphries-Lewin is a past the Chairman of the Corporate Governance Chairman of the JSE and is the Founder Committee of the JSE. and Chairman of the Barita Group of Companies which includes Barita Investments Limited, Barita Unit Trusts Management Company Limited and Barita Portfolio Management Company Limited. She is one of the pioneers of the stockbroking industry having been in the business for approximately thirty- five (35) years.

JAMAICA STOCK EXCHANGE 128 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” DIRECTORS AND SENIOR MANAGEMENT PROFILES OF DIRECTORS

Mr. Mark Croskery

Mr. Mark Croskery is the President & CEO of Stocks & Securities Ltd (SSL) and serves as a Company Specific Director. Mr. Croskery is responsible for the Company's growth, profitability and strategic vision Mr. Donovan Perkins to make SSL the leading provider of Global Wealth Management solutions to Jamaicans. Mr. Donovan Perkins is the President & CEO of Pan Caribbean Financial Mr. Croskery previously interned at Prudential Services Limited (PCFS). In addition Financial, Inc. (now Wachovia Securities) in Miami, to serving on the Boards within Pan Florida on the fixed income desk before going on to Caribbean, Mr. Perkins serves on the being the leading Wealth Manager at National Boards of Pan-Jamaican Investment Commercial Bank Capital Markets Ltd. (NCB CM) as Trust Ltd., First Jamaica Investments well as an Equity Trader. Ltd., Jamaica Producers Group Ltd., Mr. Croskery serves as a Director on the Sugar National Insurance Fund and the Company of Jamaica (SCJ) where he serves on the National Water Commission. He is an Finance and Audit Sub-Committee, as a active executive of the financial Commissioner on the Jamaica Racing Commission services community, having served as (JRC) where he serves on the Finance and Audit Vice President of the Jamaica Bankers Sub-Committee and on the Island Ice & Beverage Association and the Private Sector Company (Jamaica). Organization of Jamaica.

Mr. Allan Lewis Mr. Christopher Williams Mr. Allan Lewis is the Senior Vice President, Group Strategy, of the Victoria Mutual Group Limited Mr. Christopher Williams is the Managing where he has served for the past 3 years. Prior to Director of NCB Capital Markets Limited. this, Mr. Lewis served as Managing Director of He currently serves as Chairman of the Prime Asset Management Limited, where he is Jamaica Association for the Deaf, Director currently a Director. Mr. Lewis has had a distinguished career in life insurance and pension of the Jamaica College Old Boys fund risk management, asset management, and Association, Director of the Jamaica strategic planning. He achieved the designation College Foundation, and Council Member Associate of the Society of Actuaries in 1986, and a of the Jamaica Securities Dealers Masters in Business Administration in 1987. Association. Notwithstanding his professional Mr. Williams is also a Director of several accomplishments, he is committed to supporting NCB subsidiaries, these are: the wider community. His passion for primary and NCB (Cayman) Limited, NCB Investments secondary education motivated him to obtain a Masters in Education in 2002. Allan is a member of Limited, NCB Capital Markets (Cayman) the Kiwanis Club of North St. Andrew; a mentor for Limited and NCB Insurance Company students at the University of the West Indies and as Limited. a member of the Board of Directors of the Mona Preparatory School and Foundation

JAMAICA STOCK EXCHANGE 129 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” DIRECTORS AND SENIOR MANAGEMENT PROFILES OF DIRECTORS Mr. Robert Drummond Mr. Christopher Berry Mr. Robert Drummond is President of First Global Mr. Christopher Berry has been the Financial Services Limited (FGFS), the securities Chairman of Mayberry Investments trading and asset management subsidiary of Limited since 1993. A former Deputy GraceKennedy Limited since November 2008. As a Chairman of the JSE, he sits on several former Principal of GK Investments, boards, including the Jamaica Central GraceKennedy's portfolio of financial and retail Securities Depository, the Forestry businesses. Mr. Drummond executed acquisitions Conservancy, Apex Health Care and the launch of new businesses. Associates Limited, Apex Pharmacy Limited, Air Jamaica Limited, Jamaica Mr. Drummond's career has included appointments Public service Company and Planning in general management, strategic planning for Institute of Jamaica. Fortune 500 companies such as American Express Company, ITT Sheraton Corp and Nike Inc. He has over twenty years experience in Additionally, Mr. Drummond has spent several years the securities industry, having joined as a management consultant assisting Caribbean Mayberry Investments Limited in 1987 and U.S. companies with strategy implementation and business process improvement. He began his when he was responsible for corporate career in public accounting with planning and information technology. PricewaterhouseCoopers in New York City. He subsequently led the company's listing on the Jamaica Stock exchange in He also serves as a member of the Board for First 2005. Global Financial Services Limited and the Jamaica Stock Exchange and is currently the Vice President of the Rotary Club of St. Andrew.

Mr. Julian Mair Mr. Julian Mair is the Chief Investment Strategist at Jamaica Money Market Brokers and has over 16 years of Miss Anya Schnoor experience in the Jamaican financial sector. Mr. Mair has held positions at Miss Anya Schnoor is the Chief Executive leading Jamaican financial institutions Officer of Scotia DBG Investments Limited and the Senior Vice President of the including Head of Treasury and Scotiabank Group's Wealth Management Investment services at Dehring, Bunting Division. She is also the President of the and Golding and Senior Trader and Jamaica Securities Dealers Association and Cambio Manager at JMMB. In addition, has served as the President of the Primary Mr. Mair was formerly the Managing Dealers Association. She is a Director of Director of Lets Investment Ltd. He is a Scotia DBG Merchant Bank, Scotia DBG founding member of the Jamaica Fund Managers and Prime Asset Securities Dealers Association. He Management Limited. She is also a member serves as a Director of JMMB Securities of the HEART NTA Finance Committee and Limited, JMMB International and JMMB sits on Scotiabank Jamaica's ALCO BDI America. Committee.

JAMAICA STOCK EXCHANGE 130 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market”

INDEPENDENT MEMBERS OF THE JSE BOARD OF DIRECTORS

Mrs. Jane George

Mrs. Jane George assumed the role of Miss Dian Black Corporate Attorney-at-Law and Head of the Legal Department and Corporate Miss Dian Black is the Director, Secretariat of the Lascelles, deMercado Securities Management (Debt Group of Companies in 2001. She is a Management Unit) in the Ministry of member of the Law Society of England & Finance & the Public Service. In this Wales and the Jamaican Bar Association. capacity she has responsibility for all activities related to the registrar and payments functions for government Mrs. George, who has approximately 20 securities and provides the necessary years experience and expertise in the interface between the JSE and the legal profession in Jamaica and the Government. United Kingdom, joined the Board of the She is the Chairman of the Audit and Jamaica Stock Exchange in 2008. She Finance Committee of the Board of the sits on the Regulatory and Market JSE. Oversight Committee and the Conduct Review Committee of the Board.

Mr. Livingstone Morrison

Mr. Livingstone Morrison is the Mr. Garth Kiddoe Deputy Governor of the Bank of Jamaica with responsibility for Mr. Kiddoe is the former Dean of the Finance and Technology, Payment Faculty of Business and Management Systems, Investment and Risk at the University of Technology, Management. Jamaica and previously the Chief Financial Officer at the Jamaica Public Mr. Morrison joined the staff of the Service Company Limited. He is the Bank of Jamaica in 1982 and worked immediate past President of the for several years in the Financial Institute of Chartered Accountants of Institutions Supervisory Division. the Caribbean as well as its representative on the Board of Trustees Between 1998 and 2002, Mr. Morrison of the Caribbean Court of Justice Trust served as the Division Chief of the Fund. He is a Past President of the Finance and Technology Division, Institute of Chartered Accountants of with core responsibilities for strategic Jamaica and of the Jamaica Institution management of the accounting, of Engineers. Mr. Kiddoe is the former finance, and information and Chairman of the Audit and Finance communication technology functions Committee of the Board of the JSE. of the Bank. Mr. Morrison is also a Director of the Jamaica Central Securities Depository.

JAMAICA STOCK EXCHANGE 131 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” INDEPENDENT MEMBERS OF THE JSE BOARD OF DIRECTORS (Cont’d)

Miss Nicole Lambert Mrs. Marlene Street Forrest Ms. Lambert is a consummate professional with Mrs. Marlene Street-Forrest is the nineteen years experience in various aspects of the practice of law including commercial and General Manager of the Jamaica Stock conveyancing transactions, litigation and Exchange. Mrs. Street-Forrest has a arbitration proceedings and the administration of B.Sc. in Management Studies and an pension funds, trusts and estates. Her MBA. She has over twenty five years of experience of practice in the Private and Public combined experience in financial and Sectors, has yielded exceptional technical skills general management. Her mandate as and a unique value-added perspective supported by influential General Manager of the JSE, is to contacts. continue the process of developing the Exchange, ensuring that cutting edge Ms. Lambert is the holder of a Bachelor of Laws (Upper Second Class technology is used to assist in providing Honours) from the University of the West Indies; a Certificate of Legal the greatest level of efficiencies in the Education from the Norman Manley Law School; a Diploma in Business market. Mrs. Street-Forrest, who is a Administration from the Institute of Management and Production, Justice of the Peace, serves as Jamaica; and a Master of Laws (Commercial and Corporate Law) from Secretary of the Board of the JSE and a the London School of Economics and Political Science. Director of the Jamaica Central Ms. Lambert's professional experience is as varied as it is Securities Depository Ltd. accomplished. At present, she is a Consultant Attorney-at-Law in the Commercial Department of Samuda & Johnson, Attorneys-at-Law where she acts as Counsel in a variety of commercial and corporate transactions including, corporate acquisitions, loan and corporate financing, commercial real estate and construction development, and the administration of estates and pension funds.

JSE BOARD COMMITTEES 2009/2010 LISTING & STANDARDS COMMITTEE REGULATORY AND MARKET OVERSIGHT COMMITTEE CORPORATE GOVERNANCE Chairman:Mr. Curtis Martin Chairman:Mr. Livingstone Morrison Chairman:Mr. Garth Kiddoe Mrs. Rita Humphries-Lewin Miss Dian Black Mr. Ed McKie (or alternate Dr. D. McKoy) Mrs. Marlene Street-Forrest Mr. Garth Kiddoe Miss Anya Schnoor Mr. Livingstone Morrison Mrs. Jane George Mrs. Marlene Street Forrest Miss Nicole Lambert EXECUTIVE COMMITTEE JSE MEMBERSHIP COMMITTEE AUDIT & FINANCE COMMITTEE Chairman:Mr. Curtis Martin Chairman:Mr. Livingstone Morrison Chairman:Miss Dian Black Mr. Christopher Berry Miss Dian Black Mr. Garth Kiddoe Mr. Ed McKie Mr. Garth Kiddoe Mr. Ed McKie (or alternate Dr. Derrick McKoy) Mr. Julian Mair Mrs. Jane George Mr. Allan Lewis Mrs. Marlene Street Forrest Miss Nicole Lambert Mr. Livingstone Morrison Mr. Robin Levy Mrs. Jane George Mr. Mark Croskery COMPENSATION COMMITTEE Chairman:Mr. Curtis Martin Mr. Garth Kiddoe NOMINATING COMMITTEE Mr. Donovan Perkin Chairman:Mr. Curtis Martin Mr. Mark Croskery Mr. Livingstone Morrison Mrs. Marlene Street Forrest

JAMAICA STOCK EXCHANGE 132 YEAR BOOK 2009 JAMAICA STOCK “Providing A Fair, Efficient and EXCHANGE Transparent Stock Market” THE MANAGEMENT TEAM

From left to right: Miss Michelle Sirdar - Manager, Registrar Services (JCSD) Mrs. Beulah Johnson - Manager, Equity Operations (JCSD) Mr. Robin Levy - General Manager, JCSD & Deputy General Manager, JSE Miss Riccalya Robb - Trading Officer Mrs. Marlene Street Forrest - General Manager, JSE Miss Josephine Lewis - Manager, Trustee Services (JCSD) Miss Suzette McNaught - Manager, Information Technology & Systems Mrs. Doreen Parsons Smith - Human Resources Officer Mr. Wentworth Graham - Chief Regulatory Officer Mrs. Suzette Whyte - Accounting Manager Mr. Neville Ellis - Senior Marketing Officer

JAMAICA STOCK EXCHANGE 133 YEAR BOOK 2009 J S E

Jamaica Stock Exchange e-Learning Campus

Get on top of your game. Join the Jamaica Stock Exchange e-campus and earn your diploma in securities management.

WHY JSE’S E-LEARNING CAMPUS? RELEVANT COURSES FOR THE FINANCIAL 24 –HOUR ACCESS TO COURSES ON-LINE LIBRARY AND EASILY SERVICES SECTOR ACCESSIBLE DATABASES

CONVENIENT AND FLEXIBLE PROGRAMS EXPERIENCED AND RECOGNIZED LOCAL EXPOSURE TO INTERNATIONAL AND INTERNATIONAL LECTURERS BEST PRACTICES STANDARDS PRACTICAL, HANDS-ON HELP

COURSE UNITS: GLOBAL CAPITAL MARKETS AND FINANCIAL UNDERSTANDING AND INTERPRETING CREDIT RISK MANAGEMENT: TOOLS JAMAICA'S FINANCIAL REGULATIONS LOANS AND BONDS AND LAW

FOUNDATION COURSES: Secondary Markets, TREASURY MANAGEMENT: FINANCIAL PLANNING AND Debt and money markets and the equities ORGANIZATION AND SYSTEMS WEALTH MANAGEMENT markets.

COMPLIANCE, ETHICS AND CORPORATE STRATEGIC PORTFOLIO MANAGEMENT MARKET RISK AND BACK OFFICE GOVERNANCE MANAGEMENT CORPORATE STRUCTURE AND MERGERS, ACQUISITIONS AND MASTERING FINANCIAL PROCEDURES PRIVATIZATIONS NEGOTIATIONS

INTERNATIONAL BOND AND DEBT ISSUES Call to register at the: e-Learning Secretariat 40 Harbour Street, Kingston Tel: 876-967-3271 or 876-502-5537 Fax: 876-924-9090 Website address: www.jamstockex.com Email: [email protected]

JAMAICA STOCK EXCHANGE 134 YEAR BOOK 2009 Acknowledgement

The Jamaica Stock Exchange is excited to present the 2009 Edition of its Year Book. We recognize that every year our readers look forward to this widely read publication.

This annual publication is a compendium of facts, figures, charts and other illustrations about the performance of the Jamaican stock market over many years. It is an invaluable source of research material for potential investors locally and abroad, as well as for financial planners and managers.

This year as the Jamaica Stock Exchange celebrates its fortieth year of operations, we are truly proud to have served you through various projects and programmes but most importantly through this medium. We pledge to uphold the high standard, which you have come to expect of this publication and also to improve on each edition.

Thanks to all our subscribers and advertisers who have over the years, supported us and have so willingly given their recommendations on how to improve this dynamic product.

The publication of this book would not be possible without the guidance of the JSE's Chairman, Curtis Martin and General Manager, Marlene Street Forrest. Recognition must also be given to all JSE members of staff for supporting the necessary editorial processes.

We look forward your continued support in meeting the needs of our growing market and investor base, as the advancement of each bodes well for the nation at large.

INVESTMENTS & CAPITAL MARKETS CONFERENCE 2011 JANUARY 26-28, 2011 Jamaica Pegasus

JAMAICA STOCK EXCHANGE 135 YEAR BOOK 2009