St. Kitts Default Letter on ECSE Bonds

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NEWS RELEASE CONTACT: Trevor E Blake General Manager TEL: (869) 466-7192 FAX: (869) 465-3798 Toll Free 1-800-744-9238 E-mail: info@ecseonline.com www.ecseonline.com Basseterre, November 30, 2011

Notice of non-payment of interest: Government of St Kitts and Nevis’ 10-year Bond, KNG101112

Holders of the Government of St Kitts and Nevis 10-year Bond, trading symbol KNG101112, have been advised that the Eastern Caribbean Central Securities Registry (ECCSR), Paying Agent for the bond, is unable to make the 18th interest payment on the bond, which became due on 25 November 2011, due to non-receipt of the necessary funds.

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