Desnoes & Geddes Limited

Desnoes & Geddes Limited 10 Largest Shareholdings as at 2012 September 30

Rank Shareholders Stocks Held Percentage Ownership 1 Udiam Holdings AB* 1,625,549,827 57.87 2 Heineken Finance N V* 303,454,633 10.80 3 Heineken International B V* 130,578,508 4.65 4 National Commercial Bank Proprietory A/C 100,773,750 3.59 5 Bardi Limited 84,255,986 3.00 6 Sagicor PIF Equity Fund 45,441,367 1.62 7 National Insurance Fund 31,709,129 1.13 8 MF&G Trust & Finance Ltd. A/C #528 30,055,551 1.07 9 Inv Nom Ltd A/C Las, Henriques ET AL S/F 28,147,931 1.00 10 Jette Limited 26,254,292 0.93 Total Top Ten Shareholdings 2,406,220,974 Remaining Shareholdings 402,949,220

Total Number of Shareholders 3,276

*Connected Parties

Desnoes & Geddes Quarterly Report as at 2012 September 30…Pg. 1 Desnoes & Geddes Limited Interest / Securities Ownership of Directors as at 2012 September 30

Shareholdings of Directors

Director's Name No. of Units Richard O. Byles (Chairman) 1,500,000 Cedric M. Blair (Managing Director) 300,300 Noel DaCosta 440,000 Jed Dryer NIL Alberto Gavazzi NIL Gary C. Hendrickson NIL Damien W. King 500,000 Lisa Soares Lewis NIL John H van Mameren NIL Oliver L.S. McIntosh NIL Peter K. Melhado NIL Renato Gonzalez NIL

Company Secretary- Gene Douglas 10,000

Shareholding of Senior Managers

Senior Manager's Name No. of Units Cedric Blair 300,300 Jomo Cato NIL Marguerite Cremin NIL Daan Dekroon NIL Lisa Soares Lewis NIL Eric Pengelley 51,526 Jed Dryer NIL

Desnoes & Geddes Quarterly Report as at 2012 September 30…Pg. 2 Desnoes & Geddes Quarterly Report as at 2012 September 30…Pg. 3