completed_jse_yearbook_fro_website1310104200 by Odane P. Hamilton

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

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and Transparent Stock Market”

TABLE OF CONTENTS MESSAGES

4 5

Chairman - JSE General Manager - JSE

7 8

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

12 19

General Manager’s Report Jamaica Stock Exchange Regulatory Functions

Year in Review 2008

Economic Highlights and Stock Market Performance

STOCK MARKET ACTIVITY

25 30 34 36 37

A Five Year History of Trading Activity Month-End Stock Price Quotations Year-End Stock Price Quotations Year-End Corporate Bond Quotations Annual High & Low Stock Prices

STOCK MARKET DATA

39 40 41

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

43 44 45 COMPANY PROFILES & PERFORMANCE

46 47 49 50 59 61 119

Corporate Data: Issued Capital, Par Value and Due Dates Top Twenty Companies: By Sales, Pre-Tax Profit and After-Tax Profit Corporate Profit Profile: 2008 vs. 2009 Monthly Trading Volumes and Values Understanding Terms and References Corporate Information and Financial Data Best Practices Awards 2008

JSE DATA

120 122 126 127 128 135

Listing Fees and Trading Charges for Main Market and Junior Market JSE Statement of Corporate Governance Principles and Practices JSE Stockbrokerages & Contact Information Index to Advertisers JSE Board Members’ Profile 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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

â&#x20AC;&#x153;Providing A Fair, Efficient and Transparent Stock Marketâ&#x20AC;?

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 each 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 yearend 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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

â&#x20AC;&#x153;Providing A Fair, Efficient and Transparent Stock Marketâ&#x20AC;?

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 (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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Historical Points of the JSE over the last 40 Years April 2008 Establishment of RMOC & RMOD

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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 MckieDirector 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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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-withstanding 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 Jamaica Stock Exchange JAMAICA STOCK EXCHANGE

(Continued)

YEAR BOOK 2009

GENERAL MANAGER'S REPORT - JSE (Contâ&#x20AC;&#x2122;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.

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YEAR BOOK 2009

GENERAL MANAGER'S REPORT - JSE (Contâ&#x20AC;&#x2122;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.

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YEAR BOOK 2009

GENERAL MANAGER'S REPORT - JSE (Contâ&#x20AC;&#x2122;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

YEAR BOOK 2009

GENERAL MANAGER'S REPORT - JSE (Contâ&#x20AC;&#x2122;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

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)

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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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

â&#x20AC;&#x153;Providing A Fair, Efficient and Transparent Stock Marketâ&#x20AC;?

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

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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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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

YEAR BOOK 2009

A REVIEW OF STOCK MARKET ACTIVITY IN 2009

(Contâ&#x20AC;&#x2122;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-monthâ&#x20AC;&#x2122;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.

Points

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

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

A REVIEW OF STOCK MARKET ACTIVITY IN 2009

(Contâ&#x20AC;&#x2122;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 Ciboney Group Jamaica Broilers Group Pan Caribbean Financial Services Pan Jamaican Investment Trust Sagicor Life Jamaica Montego Freeport Salada Foods Jamaica First Caribbean International Bank Pegasus Hotel Jamaica Producers Group

Losers 100.00% 55.00% 50.83% 44.00% 25.36% 22.58% 19.23% 17.94% 17.59% 12.57%

Hardware & Lumber Jamaica Money Market Brokers Berger Paints (Jamaica) First Caribbean Intl Bank Jamaica Kingston Wharves Lascelles, deMercado & Co Radio Jamaica Gleaner Company Cable & Wireless (Jamaica) Mobay Ice Company

(65.00%) (45.58%) (40.00%) (39.52%) (35.83%) (34.73%) (33.00%) (32.95%) (24.00%) (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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Points 50

10,050

20,050

30,050

40,050

50,050

60,050

70,050

80,050

90,050

100,050

110,050

120,050

Year End

Yearend Stockmarket Index (1969 - 2009)

Dec-69 Dec-70 Dec-71 Dec-72 Dec-73 Dec-74 Dec-75 Dec-76 Dec-77 Dec-78 Dec-79 Dec-80 Dec-81 Dec-82 Dec-83 Dec-84 Dec-85 Dec-86 Dec-87 Dec-88 Dec-89 Dec-90 Dec-91 Dec-92 Dec-93 Dec-94 Dec-95 Dec-96 Dec-97 Dec-98 Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09

A REVIEW OF STOCK MARKET ACTIVITY IN 2009

(Contâ&#x20AC;&#x2122;d)

MARKET ACTIVITY - A Five Year History TRADING VALUE (JA$000's) BANK OF NOVA SCOTIA + BERGER PAINTS JAMAICA CABLE & WIRELESS (JA) # CAPITAL & CREDIT FINANCIAL GROUP CAPITAL & CREDIT MERCHANT BANK + CARIBBEAN CEMENT COMPANY CARRERAS LIMITED CIBONEY GROUP CMP INDUSTRIES + COURTS (JAMAICA) + DESNOES & GEDDES DYOLL GROUP LIMITED + FIRST CARIBBEAN INTERNATIONAL@ FIRST CARIBBEAN INTERNATIONAL JAMAICA^ FIRST JAMAICA INVESTMENTS GLEANER COMPANY GOODYEAR (JAMAICA) LIMITED + GRACEKENNEDY LIMITED GUARDIAN HOLDINGS LTD HARDWARE & LUMBER ISLAND LIFE INSURANCE+ JAMAICA BROILERS GROUP JAMAICA MONEY MARKET BROKERS JAMAICA PRODUCERS GROUP KINGSTON PROPERTIES LIMITED KINGSTON WHARVES LIMITED LASCELLES de MERCADO MAYBERRY INVESTMENTS MONTEGO BAY ICE COMPANY MONTEGO FREEPORT NCB GROUP+ NATIONAL COMMERCIAL BANK LTD PALACE AMUSEMENT PAN CARIBBEAN FINANCIAL SERVICES LIMITED PAN JAMAICAN INVESTMENT TRUST PEGASUS HOTELS PULSE INVESTMENTS LIMITED RADIO JAMAICA RBTT FINANCIAL HOLDINGS + SAGICOR FINANCIAL CORPORATION + SAGICOR LIFE JAMAICA SALADA FOODS SCOTIA DBG INVESTMENTS SCOTIA GROUP JAMAICA SEPROD LIMITED SUPREME VENTURES LTD TRINIDAD CEMENT LTD UNION BANK+ WEST INDIES PULP & PAPER+ TOTAL ORDINARY VALUE JAMAICA STOCK EXCHANGE

2009 3,553 72,193 28,951 36,963 379,426 451

2008 20,747 369,839 49,821 47,191 204,709 926,795 461 13

71,619

666,077

55,286 2,745 64,381 62,331 500,484 3,668 2,963

659,239 6,873 479,497 274,705 12,658 2,217,789 397,159 57,395

304,661 38,608 287,132 22,075 4,812 182,114 43,092 264 4,469

1,184,979 254,503 424,437 1,011 26,813 2,127,795 421,687 2,529 16,565

3,249,097 252 2,626,323 180,159 4,034 11,036 24,496 130 157,868 73,950 187,267 858,137 395,049 1,466,618 16,595

4,776,730 2,751 303,850 1,034,071 25,627 186,677 137,564 287,531 612,434 747,313 103,461 679,332 2,321,558 367,860 1,270,834 358,104

11,423,252

24,066,984

2007

2006

2005

834,614 40,538 388,569

1,734,928 96,326 292,093

3,641,821 56,289 496,310

254,589 331,269 1,034,053 526 2,268 473,293 498,532 576 270,490 15,311 584,794 458,606 6,167 1,711,549 271,416 25,789 577,502 185,431 398,297

260,819 305,288 328,531 2,089 437 9,169,807 441,462 5,267 50,657 17,423 361,122 182,258 13,201 1,274,816 211,450 39,973 973,594 500,648 374,812

714,924 468,241 638,777 3,770 203 356,518 1,095,418 104,013 60,072 23,463 882,726 391,007 34,643 1,652,120 72,975 109,509 853,508 491,365 403,020

67,929 9,290,409 1,568,576 109 14,386 2,504,391 170 270,736 3,035,601 18,420 7,114 107,559 215,553

91,997 1,865,515 250,773 65 8,288 3,001,331 146 3,079,976 519,306 16,380 25 125,177 358,546

656,554 3,487,036 1,786,325 137 18,875 2,128,990 533 14,771,841 1,307,061 7,703

589,328 122,762 404,914 1,406,125 346,937 589,291 69,407 28,993,896

964,197 6,331 5,622,802

1,883,459 4,239 1,225,568

800,755 3,541,251 136,194 37,026,056

201,123

147,291 530,331

38,076 40,745,834 YEAR BOOK 2009

MARKET ACTIVITY - A Five Year History (Cont’d.)

TRADING VALUE (JA$000's) * BANK OF NOVA SCOTIA JAMAICA VAR. PREFERENCE CABLE & WIRELESS (JA) 5.5% # CABLE & WIRELESS (JA) 6% # CAPITAL & CREDIT MERCHANT BANK VAR PRE JAMAICA LIVESTOCK ASSN. 7.5% JAMAICA MONEY MARKET BROKERS 12% JAMAICA MONEY MARKET BROKERS 12.25% JAMAICA MONEY MARKET BROKERS 12.15% JAMAICA PUBLIC SERVICE 5% C JAMAICA PUBLIC SERVICE 5% D JAMAICA PUBLIC SERVICE 6% JAMAICA PUBLIC SERVICE 7% JAMAICA STOCK EXCHANGE VAR PREF LASCELLES de MERCADO 6% MAYBERRY INVESTMENTS 12% NCB CAPITAL MARKETS 11.75% PAN CARIBBEAN FIN SERV 12.5% UNION BANK 20% + UNION BANK 25% + TOTAL PREFERENCE+BOND VALUE TOTAL VALUE Annual % Change

2009 1,138

2008 1,699

0 602 1,345 6,102 58,429 76

4 884 4,852 5,119 150,887 444 3 9 4 4 569 36 79,119 48,986 19,852

0 3,995 5,652 6,345 7,442

2007 12,712 5

2006

2005 8

6 10

738

1,220

774

22 17 -

2 26 18 11

13,694 26,378

13,663 14,930

847

37,040,986 -9.09%

40,746,681 13.20%

91,126

312,471

53,527

11,514,378 -52.77%

24,379,455 -16.07%

29,047,423 -21.58%

* 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% FCIB, 33%

SLJ, 5%

NCBJ 7%

GHL, 11% SGJ, 11%, JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

MARKET ACTIVITY - A Five Year History TRADING VOLUME (000's) BANK OF NOVA SCOTIA + BERGER PAINTS JAMAICA CABLE & WIRELESS (JA) # CAPITAL & CREDIT FINANCIAL GROUP CAPITAL & CREDIT MERCHANT BANK + CARIBBEAN CEMENT COMPANY CARRERAS LIMITED CIBONEY GROUP CMP INDUSTRIES + COURTS (JAMAICA) + DESNOES & GEDDES DYOLL GROUP + FIRST CARIBBEAN INTERNATIONAL@ FIRST CARIBBEAN INTERNATIONAL JAMAICA^ FIRST JAMAICA INVESTMENTS GLEANER COMPANY GOODYEAR (JAMAICA) + GRACEKENNEDY LIMITED GUARDIAN HOLDINGS LTD HARDWARE & LUMBER ISLAND LIFE INSURANCE + JAMAICA BROILERS GROUP JAMAICA MONEY MARKET BROKERS JAMAICA PRODUCERS GROUP KINGSTON PROPERTIES LIMITED KINGSTON WHARVES LIMITED LASCELLES deMERCADO & CO MAYBERRY INVESTMENTS MONTEGO BAY ICE COMPANY MONTEGO FREEPORT NCB GROUP + NATIONAL COMMERCIAL BANK JA. LTD PALACE AMUSEMENT PAN CARIBBEAN FINANCIAL SERVICES PAN JAMAICAN INVESTMENT TRUST PEGASUS HOTELS PULSE INVESTMENTS LTD. RADIO JAMAICA RBTT FINANCIAL HOLDINGS + SAGICOR FINANCIAL CORPORATION + SAGICOR LIFE JAMAICA SALADA FOODS SCOTIA DBG INVESTMENTS SCOTIA GROUP JAMAICA SEPROD LIMITED SUPREME VENTURES LTD TRINIDAD CEMENT LTD UNION BANK @ + WEST INDIES PULP & PAPER + WORKERS BANK + TOTAL ORDINARY VOLUME JAMAICA STOCK EXCHANGE

2009 2,310 170,995 8,821 9,384 9,423 8,745

2008 7,323 503,462 8,220 4,764 22,459 13,291 15,211 3

19,032

97,069

465 197 2,706 50,134 11,346 13 454

4,767 297 13,149 86,755 2,832 28,210 1,383 3,756

76,569 7,153 14,206 3,377 1,837 617 22,800 17 2,448

226,205 22,029 14,219 197 3,904 4,317 102,425 132 7,010

230,630 4 186,932 5,537 258 2,028 10,913 1 27,279 4,938 11,976 49,955 24,963 651,315 300

224,884 73 15,379 20,708 1,739 35,859 39,728 712 2,758 96,823 2,285 28,284 101,023 23,097 403,007 3,651

1,630,078

2,193,399

2007

2006

2005

33,207 12,677 459,390

82,715 31,019 303,175

132,618 11,757 323,534

24,930 35,686 17,583 18,834 623 118,209 65,251 709 2,109 693 17,047 185,683 853 27,457 1,005 1,727 128,269 17,610 13,212

16,966 47,327 8,410 32,631 209 2,293,934 53,563 6,245 420 885 10,695 90,798 1,157 19,895 930 2,573 307,048 35,712 10,439

25,383 34,488 18,875 40,129 86 85,501 129,190 7,236 490 1,269 18,299 127,980 3,083 14,782 181 4,090 162,491 30,559 11,107

8,842 25,318 562,380 10 6,932 112,226 5 13,314 68,478 1,595 3,204 29,464 560

15,237 8,300 103,566 6 4,656 180,386 5 189,133 12,119 1,275 11 24,059 1,006

127,470 12,910 312,871 12 7,715 108,069 10 467,333 20,394 730

76,100 3,602 16,762 64,616 22,790 211,603 858 2,411,423

126,293 250 229,411

166,604 205 51,145

51,470 1,328,544 2,018 5,634,491

13,440

23,662 1,318

392 2,497,408 YEAR BOOK 2009

MARKET ACTIVITY - A Five Year History (Cont’d.)

TRADING VOLUME (000's) BANK OF NOVA SCOTIA JAMAICA VAR. PREF. CABLE & WIRELESS (JA) 5.5% # CABLE & WIRELESS (JA) 6% # CAPITAL & CREDIT MERCHANT BANK JAMAICA MONEY MARKET BROKERS 12% JAMAICA MONEY MARKET BROKERS 12.25% JAMAICA MONEY MARKET BROKERS 12.15% JAMAICA LIVESTOCK ASSN. 7.5% JAMAICA PUBLIC SERVICE 5% C JAMAICA PUBLIC SERVICE 5% D JAMAICA PUBLIC SERVICE 6% JAMAICA PUBLIC SERVICE 7% JAMAICA STOCK EXCHANGE VAR PREF LASCELLES deMERCADO 6% MAYBERRY INVESTMENTS 12% NCB CAPITAL MARKETS PAN CARIBBEAN FIN SERV 12.5% UNION BANK 20% @ + UNION BANK 25% @ + TOTAL PREFERENCE+BOND VOLUME TOTAL VOLUME Annual % Change

2009 834

2008 1,221

0 341 2,723 21,346 24 575

0 1,836 2,011 2,351 39

1,955 52,412 141 2,020 7 25 10 10 268 1 26,356 17,130 99

2007 8,760 10

289 1 4,439 8,564

2006

517 64 42 1

2005 11 20

436 6 74 45 28

4,281

32,081

101,664

22,063

4,920

620

1,662,158 -27.58%

2,295,063 -5.69%

2,433,486 -56.85%

5,639,411 125.75%

2,498,028 -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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

IFC

17 Ripon Road, Kingston 5 Tel: (876) 960-6389-94 Fax: (876) 960-6816 Email: idealfin@cwjamaica.com

MONTH-END STOCK PRICE 2009 Ordinary Shares BERGER PAINTS LTD CABLE & WIRELESS (JA.) LTD. CAPITAL & CREDIT FINANCIAL GROUP CARIBBEAN CEMENT COMPANY CARRERAS GROUP CIBONEY GROUP LTD DESNOES & GEDDES FIRST CARIBBEAN INTERNATIONAL BANK FIRST CARIBBEAN INTER. BANK JAMAICA FIRST JAMAICA INVESTMENTS GLEANER COMPANY GOODYEAR JAMAICA GRACEKENNEDY LTD. GUARDIAN HOLDINGS LTD. HARDWARE & LUMBER JA. BROILERS' GROUP JAMAICA MONEY MARKET BROKERS JA. PRODUCERS GROUP KINGSTON PROPERTIES LTD KINGSTON WHARVES LASCELLES DEMERCADO MAYBERRY INVESTMENTS MONTEGO BAY FREEPORT MONTEGO BAY ICE NATIONAL COMMERCIAL BANK JA PALACE AMUSEMENT PAN CARIBBEAN FINANCIAL SERVICES PAN JAMAICAN INVESTMENT TRUST PEGASUS HOTELS PULSE INVESTMENTS RADIO JAMAICA SAGICOR FINANCIAL CORPORATION SAGICOR LIFE JAMAICA SALADA FOODS JA. SCOTIA DBG INVESTMENTS SCOTIA GROUP JAMAICA SEPROD LIMITED SUPREME VENTURES LTD. TRINIDAD CEMENT LIMITED

JAMAICA STOCK EXCHANGE

January

February

March

April

May

2.02 0.50 4.00 4.50 52.00 0.03 4.15 122.00 21.00 22.07 1.70 3.26 44.00 320.00 9.01 3.62 5.00 15.05 4.65 4.75 449.99 2.10 1.65 16.00 17.00 61.00 15.00 35.00 17.50 5.50 2.50 260.00 5.70 8.80 15.00 16.50 16.20 2.90 80.00

1.90 0.40 3.40 4.00 43.00 0.05 3.85 122.00 20.00 23.20 1.65 3.26 43.00 320.00 9.00 3.26 5.00 16.00 4.50 3.90 400.00 2.00 1.55 16.00 15.49 60.00 12.50 28.50 15.00 5.45 2.15 260.00 5.00 11.50 16.20 15 13.50 2.01 80.00

1.80 0.45 3.95 3.60 37.76 0.05 3.90 120.00 20.00 19.04 1.53 3.26 39.90 320.00 5.10 3.50 6.00 16.07 4.50 3.05 300.01 1.95 1.55 16.00 12.22 60.00 12.34 24.75 15.00 5.45 3.00 260.00 4.20 10.28 13.00 14.15 14.75 2.50 80.00

1.78 0.43 4.00 4.08 39.00 0.05 3.90 119.97 20.00 19.00 1.55 3.26 43.01 320.00 5.10 3.19 6.00 15.00 4.50 2.60 300.00 1.90 1.55 16.00 12.39 60.00 13.00 26.00 13.50 5.00 2.00 260.00 4.18 10.65 13.00 16.00 13.80 2.12 80.00

1.78 0.48 3.75 4.50 40.43 0.07 4.00 118.99 20.00 23.50 1.53 3.26 49.52 320.00 5.00 3.42 5.00 15.05 4.50 2.85 310.00 1.95 1.80 16.00 14.37 60.00 15.17 36.00 12.51 5.44 1.78 260.00 5.02 11.00 17.00 17.99 15.01 2.00 80.00

YEAR BOOK 2009

MONTH-END STOCK PRICE 2009 (Cont’d.)

June 1.60 0.44 4.36 4.60 41.01 0.04 4.00 118.99 15.00 25.50 1.35 3.26 48.03 320.00 5.50 3.41 4.51 15.00 4.50 2.80 310.00 1.90 2.28 16.00 13.00 60.00 15.49 35.49 12.54 5.44 1.73 260.00 4.78 8.90 16.06 17.22 15.10 2.08 55.25

July

August

September

October

November

December

1.60 0.40 4.04 3.61 40.78 0.04 3.90 116.00 13.39 24.00 1.36

1.60 0.38 4.06 3.40 41.30 0.04 4.10 118.89 13.00 23.24 1.41

1.50 0.36 2.92 3.99 44.45 0.04 3.61 118.88 12.75 26.00 1.45

1.30 0.37 2.50 3.70 43.54 0.04 3.81 118.00 12.75 26.50 1.22

1.15 0.37 3.09 3.65 38.99 0.06 3.51 117.95 12.90 28.01 1.16

1.20 0.38 4.41 4.00 35.02 0.10 3.42 117.94 12.70 27.97 1.16

45.50 320.00 6.00 3.86 4.19 14.11 4.50 2.70 300.00 1.84 2.01 16.00 13.04 60.00 14.51 33.23 12.54 5.48 1.60 260.00 5.04 8.50 15.72 16.80 14.20 2.00 55.25

46.51 320.00 4.90 3.95 4.00 15.01 4.50 2.31 280.00 1.81 2.11 16.00 13.08 60.00 13.10 33.96 12.54 5.48 2.05 260.00 4.97 9.50 16.40 17.02 16.00 2.15 55.25

42.46 320.00 4.91 4.24 4.10 14.01 4.50 2.30 280.00 1.72 1.91 16.00 13.00 60.00 13.19 33.00 12.51 5.48 2.50

39.00 320.00 4.91 4.34 4.01 13.50 4.50 1.90 250.00 1.62 1.98 16.00 13.10 60.00 14.30 32.49 12.51 5.45 2.25

40.02 299.50 4.21 4.42 4.00 18.82 6.70 2.03 251.00 1.73 1.80 16.00 13.09 60.00 21.37 38.50 20.00 5.45 1.95

40.50 299.50 3.50 4.96 4.00 25.89 5.00 3.08 250.00 1.99 1.90 15.67 16.00 60.00 18.10 36.00 19.99 5.44 2.01

5.20 7.51 16.12 17.48 15.50 2.10 57.00

6.40 10.00 17.50 17.87 15.50 2.01 72.00

7.00 14.97 23.76 20.96 19.00 2.00 72.00

7.02 15.50 16.62 19.57 18.00 2.01 72.00

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

MONTH-END STOCK PRICE 2009 (Contâ&#x20AC;&#x2122;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

CWJA 6 %

0.50

CCMBVP

1.80

0.98

2.00

2.03

2.04

Jamaica Livestock Association 7.5%

2.55

2.29

JMMB Limited 12%

2.16

JMMB Limited 12.15%

3.15

JMMB Limited 12.25%

2.35

2.25

2.40

2.47

2.50

J.P.S 5% C

0.36

J.P.S 5% D

0.35

J.P.S 6%

0.40

J.P.S 7%

0.39

JSEVP

2.10

2.18

2.30

Las deM 15%

20.00

Las deM 6%

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

20.00

200.00

0.00

P.C.F.S. 12.5% PAN JAM 10% CCR

@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

YEAR BOOK 2009

MONTH-END STOCK PRICE 2009 (Contâ&#x20AC;&#x2122;d.)

June

July

August

1.60

1.33

1.28

0.50

September

October

November

December

1.30

1.20

1.26

1.12

0.50

0.53

2.04

2.03

1.80

1.75

1.55

2.45

2.40

2.21

2.22

2.25

2.26

2.27

3.15

3.12

2.50

2.31

2.40

2.44

2.63

2.48

2.53

0.36

0.35

0.40

0.39

2.60

2.30

2.01

2.05

2.06

2.20

2.00

20.00

25.01

3.09

2.63

2.52

2.60

2.80

2.61

2.72

2.70

2.61

2.67

2.70

200.00

190.00

199.00

0.00

Best Practices Awards 2009

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

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Year-End Closing Stock Price Quotation ORDINARY SHARES Last 2009 Sale Price BID ASK

BANK OF NOVA SCOTIA* BERGER PAINTS CABLE & WIRELESS (JAMAICA) LTD. + CAPITAL & CREDIT FINANCIAL GROUP CAPITAL AND CREDIT MERCHANT BANK* CARIBBEAN CEMENT COMPANY CARLTON SAVANNAH REIT (JA) LTD CARRERAS LIMITED CIBONEY GROUP CMP INDUSTRIES* COURTS JAMAICA * DESNOES & GEDDES DYOLL GROUP* FIRST CARIBBEAN INTERNATIONAL BK @ FIRST CARIBBEAN INTERNATIONAL BK JA^ FIRST JAMAICA INVESTMENTS GLEANER COMPANY GOODYEAR JAMAICA* GRACEKENNEDY LIMITED GUARDIAN HOLDINGS LTD. HARDWARE & LUMBER JAMAICA BROILERS JAMAICA MONEY MARKET BROKERS JAMAICA PRODUCERS GROUP KINGSTON WHARVES LASCELLES DEMERCADO & CO MAYBERRY INVESTMENTS MONTEGO FREEPORT MONTEGO BAY ICE NATIONAL COMM. BANK JAMAICA PALACE AMUSEMENT PAN CARIBBEAN FINANCIAL SERVICES PAN JAMAICAN INVESTMENT TRUST PEGASUS HOTELS PULSE INVESTMENTS LTD RADIO JAMAICA LIMITED RBTT FINANCIAL HOLDINGS LTD* SAGICOR FINANCIAL CORPORATION* SAGICOR LIFE JAMAICA SALADA FOODS JAMAICA SCOTIA DBG INVESTMENTS SCOTIA GROUP JAMAICA SEPROD LIMITED SUPREME VENTURES LTD TRINIDAD CEMENT LTD. WI PULP & PAPER* JAMAICA STOCK EXCHANGE

1.20 0.38 4.41 4.00 5.00 35.02 0.10

3.42 117.94 12.70 27.97 1.16 40.50 299.50 3.50 4.96 4.00 25.89 3.08 250.00 1.99 1.90 15.67 16.00 60.00 18.10 36.00 19.99 5.44 2.01 250.00 7.02 15.50 16.62 19.57 18.00 2.01 72.00

Last 2008 Sale Price BID ASK

3.00 0.44 4.50

2.00 0.50 5.28

3.72 4.00 4.00 5.00 35.00 37.50 0.05 0.10

3.95 4.65 35.00 0.05

1.20 0.39 2.81

3.36

3.70

4.05

2.00 3.50 0.40 0.83 4.00 9.40 9.06 12.25 3.50 10.99 4.05 6.01 35.00 91.99 0.01 0.06 4.25 4.25 3.99

8.10

118.90 100.00 100.00 160.00 13.50 21.00 21.00 20.51 28.00 26.50 30.75 25.00 24.00 43.20 1.73 1.50 4.30 1.16 1.29 3.26 3.00 5.99 40.03 40.50 43.50 43.00 95.00 210.00 225.00 320.00 250.00 360.00 10.00 10.00 20.00 3.50 3.20 3.00 7.30 4.97 4.99 7.35 6.00 16.10 4.00 5.00 23.00 23.00 26.00 15.20 40.00 4.80 4.70 8.00 3.00 3.30 250.00 320.00 383.00 383.00 610.00 2.00 2.00 5.15 1.85 1.99 1.55 1.50 3.50 1.85 1.90 13.00 16.00 20.00 15.00 20.22 15.10 15.99 18.00 13.00 24.95 61.00 31.00 61.00 31.00 15.00 19.50 12.00 12.00 24.00 34.70 36.00 25.00 22.50 59.95 15.50 19.00 17.00 10.65 22.50 5.20 2.41 8.00 4.08 5.30 3.00 2.70 4.25 2.01 2.55 351.00 455.00 150.00 260.00 218.00 210.00 248.00 5.60 4.90 9.10 6.80 7.00 14.00 15.80 13.00 6.20 150.00 16.60 19.31 15.00 12.00 31.00 19.00 20.39 17.50 15.25 29.90 18.01 21.00 17.80 14.01 21.00 2.50 2.00 4.00 2.01 2.25 0.00 71.90 80.00 80.00 115.00 34

Last 2007 Sale Price BID ASK

23.55 23.50 23.55 3.00 3.01 3.40 0.67 0.62 0.67 9.60 9.75

9.60 10.00 9.21 9.75

69.00 0.01 4.25 4.25 7.00 0.26 152.00 27.00 41.00 4.30 4.92 71.50 290.00 16.00 4.50 11.00 35.05 7.65 565.00 4.90 1.60 13.20 22.95 31.45 20.00 50.00 10.65 2.60 3.60 390.00

68.00 0.01 3.55 0.00 6.99 0.00 150.00 25.50 39.50 4.20 4.95 71.00 250.00 18.00 4.55 9.66 37.00 7.56 565.00 4.85 1.60 13.80 22.80 0.00 20.50 49.50 10.05 2.35 3.60 352.00

73.00 0.04 4.25 0.00 7.00 0.00 152.00 27.00 40.00 4.30 5.20 71.50 300.00 18.40 4.69 11.00 38.49 7.95 570.00 4.90 2.00 16.00 22.99 0.00 20.99 50.00 13.50 0.00 3.63 0.00

8.15 44.00 23.75 21.40 14.04 2.82 94.00

8.00 55.00 23.25 21.40 14.04 2.72 81.00

8.15 60.00 23.99 21.50 14.99 2.82 94.50

Last 2006 Sale Price BID ASK

Last 2005 Sale Price BID ASK

26.06 26.06 26.50 4.20 4.10 5.09 1.01 1.01 1.11

22.50 23.00 23.10 3.78 3.74 3.78 1.48 1.41 1.48

18.50 15.01 17.00 9.64 9.20 9.64

22.50 21.05 22.50 9.50 9.55 9.85 35.65 36.50 0.07 0.10 0.00 3.00 4.40 4.50 10.20 10.45 1.86 2.00 123.20 129.00 16.00 18.50 42.01 43.50 2.62 2.65 11.12 12.75 87.45 89.00 365.00 385.00 17.60 19.00 4.00 4.09 15.60 16.49 34.50 35.00 5.80 6.00 220.00 228.00 3.80 3.99 1.91 1.95 0.00 12.50 18.50 19.00 0.00 39.00 22.55 24.25 55.00 56.00 9.05 10.08

55.00 0.06 2.00 4.10 9.25 1.03 0.00 25.90 41.00 1.98 9.00 63.50 0.00 18.00 5.00 15.00 43.90 7.94 280.00 3.90 2.20 16.00 23.85 31.43 23.00 57.00 14.00 3.00 4.70 405.00

5.70 5.61 5.70 410.00 410.00 420.00

9.00 8.81 9.00 40.00 31.51 38.00 28.00 27.80 28.00

9.86 9.86 9.95 10.01 12.00 15.00 22.50 22.50 22.70

54.00 0.07 2.10 4.00 9.12 0.90 120.01 26.00 41.00 1.99 8.50 63.50 240.00 18.00 5.00 14.10 43.90 7.94 275.10 4.00 2.08 6.56 23.65 31.45 23.00 56.50 13.90 2.36 4.70 390.00

53.60 0.04 1.90 0.00 9.00 0.90 120.01 0.00 39.00 1.96 8.50 62.91 265.00 17.20 4.90 13.50 39.00 7.80 275.10 3.89 2.06 7.01 23.65 0.00 22.05 56.75 13.00 0.00 4.60 360.00

36.00 0.09 2.40 4.50 10.20 1.85 123.20 18.01 43.00 2.60 11.13 87.45 360.00 18.00 4.09 16.00 34.51 6.00 228.00 3.70 1.95 11.50 18.50 52.70 24.30 55.00 9.00

16.00 16.05 17.00 16.00 16.00 16.20 1.80 1.77 1.80 84.50 70.00 84.50 105.00 100.00 105.00 YEAR BOOK 2009

Year-End Closing Stock Price Quotation (Cont’d.)

PREFERENCE SHARES Last 2009 Sale Price BID ASK

1.12 BANK OF NOVA SCOTIA JA VARIABLE PREF. 0.50 CABLE & WIRELESS (JA) 5.5% 0.53 CABLE & WIRELESS (JA) 6% 1.55 CAPITAL & CREDIT MERCHANT BANK VAR PREF 2.40 JAMAICA LIVESTOCK ASSOCIATION 7.5% 2.27 JAMAICA MONEY MARKET BROKERS 12% 2.53 JAMAICA MONEY MARKET BROKERS 12.25% 3.12 JAMAICA MONEY MARKET BROKERS 12.15% 0.36 JPS 5% C 0.35 JPS 5% D 0.40 JPS 6% 0.39 JPS 7% 2.00 JAMAICA STOCK EXCHANGE VAR PREF 20.00 LASCELLES de MERCADO 15% 25.01 LASCELLES de MERCADO 6% 2.80 MAYBERRY INVESTMENTS 12% 2.70 NCB CAPITAL MARKETS LTD 11.75% 199.00 PAN CARIBBEAN FIN SERV 12.5% 0.00 PAN JAM 10% CCR

Last 2008 Sale Price BID ASK

1.30 1.02 0.00 0.50 0.00 0.50 1.55 1.80 0.00 2.55 2.80 2.16 3.00 2.20 3.11 3.15 0.00 0.36 0.00 0.35 0.00 0.40 0.00 0.39 2.20 2.10 0.00 20.00 0.00 25.01 3.08 2.92 3.50 2.50 196.00 200.00 0.00 0.00 0.00 1.11 0.00 0.53 1.25 0.55 2.26 2.52 0.00 0.36 0.35 0.40 0.39 1.95 0.00 0.00 2.82 2.70

1.00 1.70 0.50 0.83 1.75 2.00 2.20 3.10 0.36 0.35 0.40 0.39 2.00

0.50 2.10 3.99 3.03 3.20 3.15 0.36 0.35 0.40 0.39 2.60

25.01 25.01 2.50 3.10 2.50 3.00 200.00 205.00 0.00 0.00

Last 2007 Sale Price BID ASK

Last 2006 Sale Price BID ASK

Last 2005 Sale Price BID ASK

1.55 0.50 0.50

1.53 1.55 0.00 0.00 0.00 0.00

0.50 0.52

0.00 0.51

0.00 0.00

0.50 0.50

0.00 0.00 0.00 0.00

4.35

3.50 4.00

5.00

1.75

5.00

2.70

1.75 2.60

0.36 0.35 0.40 0.40

0.36 0.35 0.40 0.39

0.36 0.35 0.40 0.40

0.36 0.35 0.40 0.41

0.00 0.00 0.00 0.00

0.37 0.37 0.40 0.39

0.36 0.35 0.40 0.38

20.00 2000.00 10.00 1200.00

0.00 0.00

3.18

0.00

0.00 0.00 0.00 0.00

20.00 4500.00 0.00 25.00 0.00 10.00 3.02 0.00 3.10 2.86 3.00 3.00 0.00

0.00 0.00

0.00 0.00 0.00 0.00

20.00 1200.00 0.00 10.00 750.00 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

YEAR BOOK 2009

Year-End Corporate Bond Quotation (Cont’d.)

US$ DENOMINATED SECURITIES Last 2009 Sale Price BID ASK

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

JAMAICA STOCK EXCHANGE

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

Last 2008 Sale Price BID ASK

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

Last 2007 Sale Price BID ASK

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

Last 2006 Sale Price BID ASK

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

Last 2005 Sale Price BID ASK

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -

YEAR BOOK 2009

ANNUAL HIGH AND LOW STOCK PRICES ORDINARY SHARES 2009 HIGH Bank of Nova Scotia (Ja.) Ltd.* Berger Paints (Ja.) Ltd. Cable & Wireless (Ja.) Ltd. Capital & Credit Financial Group Ltd Capital & Credit Merchant Bank* Caribbean Cement Co. Ltd. Carlton Savannah REIT (Ja.) Ltd Carreras Group Ltd. Ciboney Group Ltd. Desnoes & Geddes Ltd. First Caribbean International@ First Caribbean International Jamaica^ First Jamaica Investment Ltd. Gleaner Co. Ltd. Goodyear (Ja.) Ltd. GraceKennedy Ltd. Guardian Holdings Ltd. Hardware & Lumber Ltd. Jamaica Broilers Group Ltd. Jamaica Money Market Brokers Ltd. Jamaica Producers Go. Ltd. Kingston Wharves Ltd. Lascelles de Mercado Ltd. Mayberry Investments Ltd. Montego Bay Freeport Ltd. Montego Bay Ice Ltd. National Commercial Bank Ja. Ltd Palace Amusement Ltd. Pan Caribbean Financial Services Pan Jamaican Investment Trust Pegasus Hotels of Ja. Ltd. Pulse Investments Ltd. Radio Jamaica Ltd. Sagicor Financial Corporation Sagicor Life Jamaica Limited Salada Foods Ltd. Scotia DBG Investments Scotia Group Jamaica Ltd. Seprod Group Ltd. Supreme Ventures Ltd. Trinidad Cement Ltd.

JAMAICA STOCK EXCHANGE

2.05 0.65 5.00

2008 LOW 1.10 0.35 2.05

3.20 5.00 3.99 6.70 52.00 35.00 0.03 0.10 3.31 4.50 122.00 116.00 20.00 12.50 30.00 19.00 1.10 1.84 51.05 36.00 320.00 100.00 3.50 9.01 3.10 5.20 3.90 7.33 26.00 12.00 1.90 4.80 450.00 240.00 1.53 2.35 1.45 2.60 16.00 15.00 19.50 12.00 60.00 60.00 21.50 12.00 40.00 23.00 20.00 12.51 5.00 5.50 1.40 3.00 260.00 260.00 4.00 7.50 7.51 20.50 26.00 12.00 23.00 14.00 19.00 13.00 1.72 3.30 72.00 55.25

2007

HIGH

LOW

3.50 0.83 9.40 12.25 10.99 6.01 91.99 0.06 8.10 160.00 28.00 43.20 4.30 5.99 95.00 360.00 20.00 7.30 16.10 40.00 8.00 610.00 5.15 3.50 20.22 24.95 61.00 24.00 59.95 22.50 8.00 4.25 248.00 9.10 150.00 31.00 29.90 21.00 4.00 115.00

2.00 0.40 4.00 9.06 3.50 4.05 35.00 0.01 3.99 100.00 20.51 24.00 1.50 3.00 43.00 250.00 10.00 3.00 6.00 15.20 4.70 383.00 2.00 1.50 15.00 13.00 31.00 12.00 22.50 10.65 2.41 2.70 210.00 4.90 6.20 12.00 15.25 14.01 2.00 80.00

2006

HIGH

LOW

27.89 4.30 1.12 16.98 11.00

2005

HIGH

LOW

HIGH

LOW

23.01 2.90 0.58

27.50 4.20 1.48

17.05 2.60 0.62

34.00 7.30 2.00

20.00 3.40 1.15

9.00 8.09

22.00 10.00

10.00 3.70

35.01 17.45

20.00 7.67

74.00 48.01 55.00 33.50 0.01 0.11 0.03 0.07 5.65 10.40 7.01 9.80 160.00 110.00 135.00 106.00 39.10 17.50 26.00 15.00 41.00 28.00 41.02 28.00 1.33 1.68 2.65 4.30 4.90 13.50 7.06 11.00 74.00 53.01 89.00 50.00 310.00 207.00 360.00 190.00 17.75 13.00 19.00 12.00 3.60 5.30 2.50 5.50 9.00 18.20 9.45 14.26 42.00 22.10 46.00 28.01 7.07 9.00 4.85 8.00 575.00 225.00 299.99 170.08 2.12 4.39 1.65 5.18 1.50 2.50 1.30 2.99 7.00 11.50 6.51 13.20 24.51 19.52 25.00 13.82 31.45 31.00 31.45 31.45 24.50 17.00 27.50 13.50 53.50 39.01 58.20 35.00 9.80 15.00 8.50 13.50 2.00 2.36 2.30 2.60 5.75 2.75 3.85 4.60 9.00 70.00 28.49 23.98 19.35 3.70 105.00

6.60 10.00 28.50 44.00 18.05 28.89 19.51 12.00 18.35 1.51 4.08 66.00 100.00

43.00 30.00 0.03 0.13 7.80 10.50 130.00 112.50 22.29 13.00 62.50 30.00 1.96 3.85 8.80 13.50 123.00 80.00 450.00 355.00 38.00 15.50 2.92 6.50 20.00 10.65 50.00 23.00 4.10 6.60 373.15 175.00 1.80 8.40 1.70 3.40 17.50 11.50 25.30 16.03 62.00 52.70 42.50 18.00 79.00 41.00 8.00 16.00 8.25

4.80

14.00 28.50 28.99

8.05 9.00 17.80

11.10 17.40 1.55 65.25 115.06

12.15 80.61

6.31 10.00 14.51

YEAR BOOK 2009

ANNUAL HIGH AND LOW STOCK PRICES (Contâ&#x20AC;&#x2122;d.)

PREFERENCE SHARES 2009 HIGH LOW 1.75 1.10

2008 HIGH LOW 1.70 1.00

Bank of Nova Scotia Variable Pref. C & W Ja Ltd. 5.5% C & W Ja Ltd. 6% 0.53 0.50 0.50 0.53 Capital & Credit Merchant Bank Var Pref 2.04 2.10 0.83 0.97 2.46 3.99 1.75 0.30 Jamaica Livestock Association 7.5% 2.40 3.03 2.00 Jamaica Money Merket Brokers 12% 2.15 Jamaica Money Merket Brokers 12.25% 3.00 3.20 2.20 2.20 Jamaica Money Merket Brokers 12.15% 3.13 3.15 3.10 3.12 JPS 5% C 0.36 0.36 JPS 5% D 0.35 0.35 0.35 0.35 JPS 6% 0.40 0.40 JPS 7% 0.39 0.39 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 NCB Capital Markets 11.75% 3.00 2.51 3.00 2.50 P.C.F.S. 12.5% 199.00 190.00 205.00 200.00

2007 HIGH LOW 1.90 1.00 0.50 0.50 0.52 0.50

HIGH

2006 LOW

HIGH

2005

0.50 0.52

0.50 0.50

4.35

2.00

5.00

1.50

2.70

1.45

0.36 0.35 0.40 0.40

0.37 0.37 0.42 0.40

0.36 0.35 0.40 0.39

0.37

0.35

0.40 0.39

0.40 0.38

3.10 3.23

3.00 2.75

3.20

3.10

LOW

US $ DENOMINATED SECURITIES 2009 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

HIGH -

2008 LOW -

HIGH -

2007 LOW -

HIGH -

2006 LOW -

HIGH -

2005 LOW -

HIGH -

LOW -

* 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

YEAR BOOK 2009

STOCK MARKET DATA MONTHLY TRADING VOLUME (000's) units* JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER YEAR ANNUAL CHANGE

2009 112,655 47,038 498,028 81,664 86,595 23,566 64,739 120,261 212,708 36,568 319,279 161,792 1,764,893

2008 249,458 340,495 88,231 179,300 797,069 141,109 222,077 103,751 311,935 384,711 74,886 59,989 2,953,011

2007 249,807 162,014 144,265 76,994 90,928 184,459 579,078 121,679 183,924 126,153 336,597 177,589 2,433,487

2006 72,091 121,361 173,041 217,842 125,340 1,495,383 304,918 162,828 142,661 70,177 135,721 2,618,029 5,639,392

2005 461,609 202,153 256,605 579,434 151,792 135,545 82,395 102,260 203,179 78,293 84,790 159,973 2,498,028

-40.23%

21.35%

-56.85%

125.75%

-51.91%

* Including block transactions

MONTHLY TRADING VALUE (JA$000's)* JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER YEAR ANNUAL CHANGE

2009 527,323 368,619 1,352,785 707,094 488,788 200,622 505,671 1,198,223 1,256,443 240,681 3,326,288 2,017,543 12,190,080

2008 3,820,014 4,671,501 1,325,564 1,921,934 8,355,051 3,388,715 35,893,868 1,088,847 2,370,103 2,787,634 854,959 548,681 67,026,871

2007 2,448,428 2,055,426 3,158,750 766,214 885,941 1,109,828 2,019,007 1,371,428 1,622,940 2,139,369 9,166,231 2,303,862 29,047,424

2006 736,662 1,672,693 2,104,487 1,879,929 1,130,174 7,616,970 1,462,105 958,165 1,020,789 840,164 1,559,250 16,059,603 37,040,991

2005 10,921,576 3,314,830 3,792,940 9,804,193 2,505,103 1,827,457 1,275,076 1,196,306 1,718,225 901,211 851,579 2,638,185 40,746,681

-81.81%

130.75%

-21.58%

-9.09%

13.20%

* Including block transactions

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

STOCK MARKET DATA (Cont’d.)

JSE STOCK MARKET INDEX MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER YEAR END CHANGE

2009 87,206.90 83,091.44 79,022.64 79,742.37 82,837.63 80,866.14 79,304.49 79,883.87 79,928.03 80,567.52 83,322.40 83,321.96

2008 108,718.70 108,463.94 107,439.31 109,353.87 112,127.89 109,754.01 109,903.53 108,044.77 102,018.87 93,750.90 86,864.24 80,152.02

2007 101,718.82 92,949.46 90,595.08 91,110.61 90,057.73 90,069.92 92,021.84 94,544.95 96,299.80 99,579.19 103,429.33 107,968.00

2006 100,868.26 96,845.29 86,896.12 88,312.15 87,094.49 85,108.22 85,753.11 84,004.96 86,195.99 85,955.93 94,617.93 100,678.00

2005 118,379.43 114,221.65 111,931.18 119,179.47 114,148.90 110,621.87 107,231.92 103,997.53 103,332.61 102,445.33 100,689.87 104,510.38

3.95%

-25.76%

7.24%

-3.67%

-7.23%

MONTHLY TRADING AVERAGES MONTHLY TRADING HIGHLIGHTS, 2009 *

Month

JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER YEAR

NO. OF Trading Days

21 19 22 20 20 22 23 20 22 21 21 22 253

Average Daily

Transactions Transactions Volume(000s) Value J$ (000s)

1,336 1,474 1,531 1,123 1,117 1,167 1,412 1,322 1,285 1,145 1,570 1,547 16,029

64 78 70 56 56 53 61 66 58 55 75 70 761

5,365 2,476 22,638 4,083 4,330 1,071 2,815 6,013 9,669 1,741 15,204 7,354 6,976

25,111 19,401 61,490 35,355 24,439 9,119 21,986 59,911 57,111 11,461 158,395 91,707 48,182

JSE Index High

87,501.69 87,142.97 82,665.78 80,311.68 82,837.63 83,076.98 81,026.40 80,434.32 80,519.86 80,793.06 84,114.32 83,404.85

Low

85,034.13 81,831.69 79,022.64 78,482.98 79,714.41 80,866.14 79,304.49 79,704.43 79,453.70 79,412.84 80,526.03 81,716.19

87,206.90 83,091.44 79,022.64 79,742.37 82,837.63 80,866.14 79,304.49 79,883.87 79,928.03 80,567.52 83,322.40 83,321.96

* Volume & Value include Block Transactions

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

STOCK MARKET DATA (Contâ&#x20AC;&#x2122;d.)

Top Twenty Companies by Market Capitalisation, Volume and Value as at December 31, 2009 Market Capitalisation Company

Market Volume JA$(000)

FIRST CARIBBEAN INTERNATIONAL BANK SCOTIA GROUP JAMAICA GUARDIAN HOLDINGS LTD. NATIONAL COMMERCIAL BANK JAMAICA LTD. SAGICOR LIFE JAMAICA LASCELLES DEMERCADO & CO. TRINIDAD CEMENT COMPANY CARRERAS GROUP GRACEKENNEDY LTD. PAN CARIBBEAN FINANCIAL SERVICES LTD DESNOES & GEDDES SEPROD GROUP LTD. FIRST JAMAICA INVESTMENTS SCOTIA DBG INVESTMENTS LTD. CABLE & WIRELESS (JA.) LTD. PAN-JAM. INVEST. JA. BROILERS' GROUP JAMAICA MONEY MARKET BROKERS LTD SUPREME VENTURES LTD. JA. PRODUCERS' GROUP

Company

Units (000)

Supreme Ventures Limited National Commercial Bank Jamaica Ltd. Pan Caribbean Financial Services Ltd Cable & Wireless (Jamaica) Ltd. Jamaica Broilers Group Gleaner Company Ltd. Scotia Group Jamaica Limited Sagicor Life Jamaica Limited Seprod Limited Mayberry Investments Limited Jamaica Money Market Brokers Ltd 12.25% Desnoes & Geddes Ltd Jamaica Producers Group Ltd. Scotia DBG Investments Ltd Gracekennedy Limited Radio Jamaica Limited Carreras Limited Caribbean Cement Company Ltd. Capital & Credit Financial Group Limited Ciboney Group Limited

179,874,060 60,893,483 60,560,300 39,468,205 263,851,392 24,000,000 17,983,090 17,000,109 13,434,083 9,917,425 9,607,366 9,295,163 8,488,895 7,033,497 6,390,627 6,247,263 5,948,411 5,853,547 5,300,882 4,842,052

651,314,866 230,630,320 186,932,249 170,994,672 76,568,756 50,133,775 49,955,375 27,279,033 24,963,431 22,799,731 21,345,934 19,032,011 14,206,330 11,976,364 11,345,964 10,912,909 9,422,922 9,383,602 8,821,468 8,745,269

*Includes Block Transactions

Market Value Company National Commercial Bank Jamaica Pan Caribbean Financial Services Supreme Ventures Limited Scotia Group Jamaica GraceKennedy Limited Seprod Limited Carreras Limited Jamaica Broilers Group Jamaica Producers Group Scotia DBG Investments Lascelles deMercado & Co. Pan Jamaican Investment Trust Sagicor Life Jamaica Salada Foods Jamaica Limited Cable & Wireless (Jamaica) Desnoes & Geddes Limited First Jamaica Investments Limited Gleaner Company Limited JMMB 12.25% (Preference Shares) First Caribbean International Bank

JA$(000) 3,249,096 2,626,323 1,466,618 858,137 500,484 395,049 379,426 304,661 287,132 187,267 182,114 180,159 157,868 73,938 72,193 71,619 64,381 62,331 58,429 55,286

*Includes Block Transactions JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

TOP TEN COMPANIES BY TRADED VALUE (Block Transactions Included)

JBG 2%

CAR 3%

SEP 3%

JP 2%

SDBG 2% NCBJ 27%

GK 4%

SGJ 7%

SVL 12% PCFS 22%

TOP TEN COMPANIES BY TRADED VOLUME (Block Transactions Included)

GLNR 3%

SGJ 3%

SLJ 2%

SEP 2%

MIL 1%

JBG 5%

SVL 39%

CWJA 10%

PCFS 11%

NCBJ 14%

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

STOCK MARKET DATA (Cont’d.)

Twenty Most Active Stocks for 2009 * Company

No. of Transactions

SCOTIA GROUP JAMAICA NATIONAL COMMERCIAL BANK JAMAICA JAMAICA BROILERS GROUP LIMITED SAGICOR LIFE JAMAICA CARRERAS LIMITED GRACEKENNEDY LIMITED MAYBERRY INVESTMENTS LIMITED CABLE & WIRELESS JAMAICA LIMITED PAN JAMAICAN INVESTMENT TRUST SCOTIA DBG INVESTMENTS LIMITED JAMAICA MONEY MARKET BROKERS DESNOES & GEDDES CARIBBEAN CEMENT COMPANY SUPREME VENTURES LIMITED CAPITAL & CREDIT FINANCIAL GROUP JAMAICA PRODUCERS GROUP BANK OF NOVA SCOTIA JAMAICA KINGSTON WHARVES SEPROD LIMITED PAN CARIBBEAN FINANCIAL SERVICES

2,662 1,965 1,178 1,066 991 904 600 597 571 558 525 440 391 367 320 270 238 238 231 223 * Includes Block Transactions

Block Transactions (2009) Month

NO. OF Transactions

Volume (000's) Units

Value Ja$(000's)

% of Overall Market:Volume Value

JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER

0 0 7 0 1 0 0 0 1 0 0 61

0 0 28,604 0 841 0 0 0 58,691 0 0 14,599

0 0 162,832 0 38,358 0 0 0 418,465 0 0 56,047

0.00% 0.00% 5.74% 0.00% 0.97% 0.00% 0.00% 0.00% 27.59% 0.00% 0.00% 9.02%

0.00% 0.00% 12.04% 0.00% 7.85% 0.00% 0.00% 0.00% 33.31% 0.00% 0.00% 2.78%

YEAR

102,735

675,702

5.82%

5.54%

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

DIVIDEND SUMMARY 2009 $ 000 3,863,946 20,361 2,621,376 983,208 106,303 332,508 62,768 378,838 131,921 4,309 336,579 25,394 9,528 1,344,162 96,092 2,165,911 2,156 684,905 232,973 48,066 2,141,157 497,254 4,231,746 335,658 584,359

2008 $ 000 3,571,223 45,008 504,526 2,642,998 1,123,668 241,823 81,174 378,313 155,906 4,309 321,946 42,322 2,193 53,632 162 240,230 298,424 2,806,790 657,509 171,261 30,041 34,389 1,650,003 442,238 3,920,582 232,379 420,839

Total Dividend Payout

21,241,478

Percentage Change (%)

Ordinary (Ja. $000â&#x20AC;&#x2122;s)

Bank of Nova Scotia Jamaica Ltd Berger Paints Jamaica Ltd Cable & Wireless Jamaica Ltd Capital & Credit Financial Group Capital & Credit Merchant Bank Ltd. Caribbean Cement Company Carreras Limited Desnoes & Geddes Limited First Caribbean Bank Jamaica Ltd First Jamaica Investments Ltd. Gleaner Company Limited GraceKennedy Limited Hardware & Lumber Limited Jamaica Broilers Group Limited Jamaica Livestock Association 7.5% Jamaica Money Market Brokers Jamaica Producers Group Kingston Properties Limited Kingston Wharves Limited Lascelles deMercado & Co. Limited Mayberry Investments Ltd. Montego Bay Ice Co. Limited Montego Freeport Limited National Commercial Bank (Ja.) Ltd. Palace Amusement Pan Caribbean Financial Services Pan-Jamaican Investment Trust Pegasus Hotels of Jamaica Ltd. Pulse Investments Limited Radio Jamaica Limited Sagicor Life Jamaica Salada Foods Jamaica Limited Scotia DBG Investments Ltd. Scotia Group Jamaica Ltd. Seprod Limited Supreme Ventures Limited

* FirstCaribbean Int'l Bank Ltd. # Guardian Holdings # Trinidad Cement Ltd

2007 $ 000 6,171,933 38,578 672,697

2006 $ 000 3,015,049 21,432 1,009,046

2005 $ 000 2,927,231 34,291 -

2,378,656 1,488,860 1,094,234 79,645 375,174 25,784 137,917 4,309 307,311 452,664

96,174 2,427,200 1,601,227 232,177 78,889 340,678 137,917 4,309 292,678 66,628

58,880 59,580 1,456,320 2,163,061 241,283 80,645 326,961 137,917 4,309 263,411 45,226

85,812 288,162 120,115 1,796,326 490,010 796,047 48,066 1,123,582 312,514 1,866,944 180,739 -

85,812 192,162 1,748,924 368,225 163,260 36,050 34,498 1,007,157 45,479 154,920 -

142,009

20,073,888

20,336,079

13,159,891

10,793,796

5.82%

-1.29%

54.53%

21.92%

2.41%

89,161 -4.73% 97,086 -26.05% 1,148 -93.43%

93,591 4.18% 131,293 1201.86% 17,484 16.67%

89,834 30.89% 10,085 -90.91% 14,986 20.00%

68,632 22.55% 110,935 7.63% 12,488 -77.27%

56,003 35.97% 103,070 -0.02% 54,949 22.22%

85,812 * 292,962 50,676 1,179,878 287 236,495 165,238 12,017 739,287 90,020

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

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Stock Bonus, Splits & New Listings

COMPANY

2009

Bank of Nova Scotia 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 Mayberry Investments Limited 12% Montego Freeport NCB Capital Markets 11.75% National Commercial Bank Jamaica Ltd Pegasus Hotels Pulse Investments Limited Radio Jamaica RBTT Financial Holdings Ltd Salada Foods Seprod Limited Scotia Group Jamaica Supreme Ventures Limited Trinidad Cement Ltd

2008 -

1 For 10 -

2007 New 1 For 1 New -

2006

2005

1 For 1 -

1 For 1 New

New New -

New -

Best Practices Awards 2008

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

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

CORPORATE DATA

Company

Issued Capital

BERGER PAINTS LTD

214,322,393

CABLE & WIRELESS (JA.) LTD.

Price Dec-31

Market Capitalisation

Value $

Nominal Value

Due Date Financial Audited for Year-End Results

1.20

257,186,872

0.50

107,161,197

31-Mar.

30-June

1.00

16,817,439,741

31-Mar.

30-June

16,817,439,741

0.38

6,390,627,102

CAPITAL & CREDIT FINANCIAL GROUP

927,565,945

4.41

4,090,565,817

0.00

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

31-Mar.

30-June

CIBONEY GROUP LTD

546,000,000

0.10

54,600,000

0.00

31-May

31-Aug

DESNOES & GEDDES

2,809,171,264

3.42

9,607,365,723

0.00

30-June

30-Sept.

265,756,730

12.70

3,375,110,471

0.10

26,575,673

31-Oct.

31-Jan.

1,525,131,934 117.94

FIRST CARIBBEAN INTER. BANK JAMAICA FIRST CARIBBEAN INTERNATIONAL BANK

179,874,060,296

0.50

762,565,967

31-Oct.

31-Jan.

303,500,000

27.97

8,488,895,000

0.00

31-Dec.

31-Mar.

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

31-Dec.

31-Mar.

FIRST JAMAICA INVESTMENTS GLEANER COMPANY

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

31-Mar.

30-June

187,024,006

25.89

4,842,051,515

0.50

93,512,003

31-Dec.

31-Mar.

68,800,102

5.00

344,000,510

0.10

6,880,010

31-Dec.

31-Mar.

1,072,649,578

JA. PRODUCERS GROUP KINGSTON PROPERTIES LTD KINGSTON WHARVES LASCELLES DEMERCADO & CO.

3.08

3,303,760,700

0.20

214,529,916

31-Dec.

31-Mar.

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

31-Dec.

31-Mar.

MONTEGO BAY FREEPORT

563,065,690

1.90

1,069,824,811

0.00

31-Mar.

30-June

MONTEGO BAY ICE NATIONAL COMMERCIAL BANK JAMAICA LTD. PALACE AMUSEMENT PAN CARIBBEAN FINANCIAL SERVICES LTD

6,161,510

15.67

96,550,862

0.00

31-Dec.

31-Mar.

2,466,762,828

16.00

39,468,205,248

0.00

30-Sept.

31-Dec.

1,437,028

60.00

86,221,680

0.00

30-June

30-Sept.

547,924,039

18.10

9,917,425,106

0.50

273,962,020

31-Dec.

31-Mar.

0.10

17,353,508

31-Dec.

31-Mar.

PAN-JAMAICAN INVESTMENT

173,535,078

36.00

6,247,262,808

PEGASUS HOTELS

120,165,973

19.99

2,402,117,800

0.00

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

31-Mar.

30-June

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.

3,111,572,984

19.57

60,893,483,297

0.50

1,555,786,492

31-Oct.

31-Jan.

516,397,918

18.00

9,295,162,524

0.00

31-Dec.

31-Mar.

2,637,254,926

2.01

5,300,882,401

0.50

1,318,627,463

31-Dec.

31-Mar.

249,765,136

72.00

17,983,089,792

0.00

31-Dec.

31-Mar.

SAGICOR LIFE JAMAICA

SCOTIA GROUP JAMAICA SEPROD LIMITED SUPREME VENTURES LTD. TRINIDAD CEMENT LIMITED TOTAL

JAMAICA STOCK EXCHANGE

47,163,201,662

544,882,559,526

24,458,400,140

YEAR BOOK 2009

Top Twenty Companies Turnover (Sales) Turnover COMPANY GraceKennedy Limited Scotia Group Jamaica Ltd. National Commercial Bank Jamaica Ltd. Bank of Nova Scotia Jamaica Ltd. Supreme Ventures Limited Sagicor Life Jamaica Lascelles deMercado & Co. Limited Jamaica Broilers Group Cable & Wireless (Jamaica) Ltd. Jamaica Money Market Brokers Desnoes & Geddes Limited Carreras Limited NCB Capital Markets Ltd. Seprod Limited Pan Caribbean Financial Services Caribbean Cement Company Jamaica Producers Group Capital & Credit Merchant Bank Hardware & Lumber Ltd FirstCaribbean International Bank (Jamaica)

2009 57,406,415 47,160,703 43,721,715 37,335,830 28,167,960 27,872,526 24,912,339 24,623,315 16,370,138 15,969,623 13,447,889 10,923,530 9,538,851 9,495,060 8,871,529 8,869,260 6,259,033 6,059,048 5,940,599 5,220,049

2008 53,462,279 38,364,947 38,296,327 31,562,923 21,204,444 28,258,936 22,963,136 20,443,685 16,046,854 10,935,216 12,488,766 9,037,241 7,494,970 9,257,660 6,814,826 8,805,293 3,650,096 5,667,008 6,788,162 4,977,464

Change % 7.38% 22.93% 14.17% 18.29% 32.84% (1.37%) 8.49% 20.44% 2.01% 46.04% 7.68% 20.87% 27.27% 2.56% 30.18% 0.73% 71.48% 6.92% (12.49%) 4.87%

Pre-Tax Profits COMPANY

Scotia Group Jamaica Ltd. National Commercial Bank Jamaica Ltd. Bank of Nova Scotia Jamaica Ltd. Sagicor Life Jamaica Carreras Limited GraceKennedy Limited Lascelles deMercado & Co. Limited Scotia DBG Investments Ltd. NCB Capital Markets Ltd. Desnoes & Geddes Limited Seprod Limited First Jamaica Investments Pan-Jamaican Investment Trust Pan Caribbean Financial Services Jamaica Money Market Brokers FirstCaribbean International Bank (Jamaica) Supreme Ventures Ltd. Jamaica Broilers Group Montego Bay Freeport Capital & Credit Merchant Bank

JAMAICA STOCK EXCHANGE

Profit Before Tax 2009 2008 15,379,659 13,119,095 13,133,635 10,808,009 12,970,595 11,816,466 5,770,350 5,582,278 5,228,696 5,827,735 3,653,867 2,478,893 2,866,144 3,543,512 2,584,256 1,537,636 2,213,363 683,454 2,211,441 1,670,350 2,185,901 1,435,462 2,120,145 1,772,675 2,115,020 1,699,803 1,959,266 1,834,829 1,544,528 1,254,902 1,307,287 1,246,477 1,265,884 1,107,833 1,003,727 903,515 391,409 288,249 347,762 517,283

Change % 17.23% 21.52% 9.77% 3.37% (10.28%) 47.40% (19.12%) 68.07% 223.85% 32.39% 52.28% 19.60% 24.43% 6.78% 23.08% 4.88% 14.27% 11.09% 35.79% (32.77%)

YEAR BOOK 2009

Top Twenty Companies (Contâ&#x20AC;&#x2122;d.)

After-Tax Profits Profit After Tax 2009 2008 9,624,057 11,605,459 8,701,173 10,248,185 8,619,584 9,651,781 4,542,251 4,885,565 4,000,020 3,528,444 1,780,886 2,722,823 3,015,131 2,559,024 1,239,480 2,128,870 1,690,143 1,940,494 1,617,271 1,935,133 755,585 1,714,737 1,042,449 1,551,323 938,203 1,485,937 1,380,932 1,477,844 1,061,610 1,102,622 835,053 886,658 740,316 828,063 645,989 751,202 284,327 361,798 453,402 342,706

COMPANY Scotia Group Jamaica Ltd. National Commercial Bank Jamaica Ltd. Bank of Nova Scotia Jamaica Ltd. Sagicor Life Jamaica Carreras Limited GraceKennedy Limited Lascelles deMercado & Co. Limited Scotia DBG Investments Ltd. First Jamaica Investments Pan-Jamaican Investment Trust NCB Capital Markets Ltd. Desnoes & Geddes Limited Seprod Limited Pan Caribbean Financial Services Jamaica Money Market Brokers FirstCaribbean International Bank (Jamaica) Jamaica Broilers Group Supreme Ventures Ltd. Montego Bay Freeport Capital & Credit Merchant Bank

Change % 20.59% 17.78% 11.98% 7.56% (11.79%) 52.89% (15.13%) 71.76% 14.81% 19.65% 126.94% 48.82% 58.38% 7.02% 3.86% 6.18% 11.85% 16.29% 27.25% (24.41%)

No. of Transactions

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 8,500 8,000 7,500 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000

2009 2008

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Month

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Corporate Profit Profile Turnover 2009 COMPANY Bank of Nova Scotia Jamaica Ltd. 37,335,830 Berger Paints Jamaica Limited 1,829,255 Cable & Wireless (Jamaica) Ltd. 16,370,138 Capital & Credit Financial Group 4,161,653 Capital & Credit Merchant Bank 6,059,048 Caribbean Cement Company 8,869,260 Carreras Limited 10,923,530 Ciboney Group Limited 0 Desnoes & Geddes Limited 13,447,889 FirstCaribbean International Bank (Jamaica) 5,220,049 First Jamaica Investments 1,635,592 Gleaner Company 3,274,179 GraceKennedy Limited 57,406,415 Hardware & Lumber Ltd 5,940,599 Jamaica Broilers Group 24,623,315 Jamaica Livestock Association 904,493 Jamaica Money Market Brokers 15,969,623 Jamaica Producers Group 6,259,033 Kingston Wharves 2,570,325 Lascelles deMercado & Co. Limited 24,912,339 Mayberry Investments Ltd. 2,283,893 Montego Bay Freeport 423,858 Montego Bay Ice Co. Limited 33,782 National Commercial Bank Jamaica Ltd. 43,721,715 NCB Capital Markets Ltd. 9,538,851 Palace Amusement Ltd 512,922 Pan Caribbean Financial Services 8,871,529 Pan-Jamaican Investment Trust 1,736,014 Pegasus Hotels of Jamaica 1,002,775 Pulse Investments Limited 1,554,791 Radio Jamaica Ltd 1,606,553 Sagicor Life Jamaica 27,872,526 Salada Foods Jamaica Limited 432,425 Scotia DBG Investments Ltd. 3,796,568 Scotia Group Jamaica Ltd. 47,160,703 Seprod Limited 9,495,060 Supreme Ventures Ltd. 28,167,960 Total 435,924,490

FirstCaribbean International Bank (W.I.) * Guardian Holdings Ltd. + Trinidad Cement Limited +

749,549 5,323,955 1,755,837

2008 31,562,923 1,527,014 16,046,854 4,163,780 5,667,008 8,805,293 9,037,241 0 12,488,766 4,977,464 1,490,699 3,246,297 53,462,279 6,788,162 20,443,685 1,007,685 10,935,216 3,650,096 2,708,044 22,963,136 2,705,583 217,316 15,906 38,296,327 7,494,970 479,866 6,814,826 1,587,111 676,291 1,356,745 1,518,681 28,258,936 393,802 2,558,390 38,364,947 9,257,660 21,204,444 382,173,443

815,227 5,245,272 2,074,428

Change % 18.29% 19.79% 2.01% (0.05%) 6.92% 0.73% 20.87% 0.00% 7.68% 4.87% 9.72% 0.86% 7.38% (12.49%) 20.44% (10.24%) 46.04% 71.48% (5.09%) 8.49% (15.59%) 95.04% 112.39% 14.17% 27.27% 6.89% 30.18% 9.38% 48.28% 14.60% 5.79% (1.37%) 9.81% 48.40% 22.93% 2.56% 32.84% 14.06%

(8.06%) 1.50% (15.36%)

Profit Before Tax 2009 2008 12,970,595 11,816,466 95,416 21,479 (369,555) (7,216,382) 287,751 499,543 347,762 517,283 (241,028) 571,932 5,228,696 5,827,735 4,781 (3,381) 2,211,441 1,670,350 1,246,477 1,307,287 1,772,675 2,120,145 (451,266) 1,822 2,478,893 3,653,867 (295,608) (416,910) 903,515 1,003,727 (220,370) (186,941) 1,254,902 1,544,528 307,562 (280,026) 217,485 196,035 2,866,144 3,543,512 356,146 211,235 391,409 288,249 (125) 3,393 13,133,635 10,808,009 683,454 2,213,363 28,349 (6,715) 1,834,829 1,959,266 1,699,803 2,115,020 63,178 80,340 429,891 223,199 65,614 (98,827) 5,582,278 5,770,350 114,034 161,838 2,584,256 1,537,636 15,379,659 13,119,095 2,185,901 1,435,462 1,107,833 1,265,884 80,627,633 62,907,647

202,182 493,910 84,042

201,973 (39,671) 195,892

Change % 9.77% 344.23% 94.88% 42.40% (32.77%) (142.14%) (10.28%) 241.41% 32.39% 4.88% 19.60% 100.40% 47.40% 29.10% 11.09% 15.17% 23.08% 209.83% (9.86%) (19.12%) (40.69%) 35.79% 2814.40% 21.52% 223.85% (123.69%) 6.78% 24.43% 27.16% (48.08%) (250.62%) 3.37% 41.92% 68.07% 17.23% 52.28% 14.27% 28.17%

0.10% 1345.02% (57.10%)

2009 9,651,781 74,099 (302,825) 290,639 342,706 (144,512) 3,528,444 1,015 1,551,323 886,658 1,940,494 208,180 2,722,823 (225,762) 828,063 (232,329) 1,102,622 209,748 155,080 2,559,024 245,473 361,798 664 10,248,185 1,714,737 (5,286) 1,477,844 1,935,133 55,243 223,199 (139,975) 4,885,565 108,195 2,128,870 11,605,459 1,485,937 751,202 62,229,514

175,201 (821,027) 94,281

Profit After Tax 2008 8,619,584 15,560 (4,194,698) 389,495 453,402 416,438 4,000,020 (3,449) 1,042,449 835,053 1,690,143 (444,688) 1,780,886 (259,956) 740,316 (161,636) 1,061,610 (2,856,467) 165,979 3,015,131 469,501 284,327 (15,404) 8,701,173 755,585 21,582 1,380,932 1,617,271 39,015 429,891 41,621 4,542,251 75,328 1,239,480 9,624,057 938,203 645,989 47,095,974

179,753 240,111 156,319

Change % 11.98% 376.21% 92.78% (25.38%) (24.41%) (134.70%) (11.79%) 129.43% 48.82% 6.18% 14.81% 146.81% 52.89% 13.15% 11.85% (43.74%) 3.86% 107.34% (6.57%) (15.13%) (47.72%) 27.25% 104.31% 17.78% 126.94% (124.49%) 7.02% 19.65% 41.59% (48.08%) (436.31%) 7.56% 43.63% 71.76% 20.59% 58.38% 16.29% 32.13%

(2.53%) (441.94%) (39.69%)

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

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Monthly Trading Volume Ordinary Shares January Berger Paints Cable & Wireless (Jamaica) Capital and Credit Financial Group Caribbean Cement Company Carreras Limited Ciboney Group Desnoes & Geddes First Caribbean International Bank First Caribbean International Bank Ja First Jamaica Investments Ltd. Gleaner Company Goodyear (Jamaica) Ltd GraceKennedy Ltd Guardian Holdings Ltd. Hardware & Lumber Ltd Jamaica Broilers Group Jamaica Money Market Brokers Jamaica Producers Group Kingston Properties Ltd Kingston Wharves Lascelles deMercado Mayberry Investments Ltd Montego Freeport Ltd. Montego Bay Ice National Commercial Bank Ltd. Palace Amusement Ltd Pan Caribbean Financial Services Pan-Jamaican Investment Trust Pegasus Hotels Pulse Investments Ltd. Radio Jamaica Sagicor Financial Corporation Sagicor Life Jamaica Salada Foods Scotia DBG Investments Scotia Group Jamaica Seprod Limited Supreme Ventures Limited Trinidad Cement Ltd. Total Ordinary (Monthly)

JAMAICA STOCK EXCHANGE

88,814 3,686,954 1,013,704 189,619 698,412 164,030 635,560 65,408 0 252,227 925,213 0 445,690 0 300 1,570,668 2,955,168 75,758 100 33,869 46,172 1,993,037 135,176 1,815 1,919,502 0 46,515 356,633 900 9,020 80,553 500 921,928 132,064 1,472,024 2,516,854 109,576 88,833,606 0 111,377,369

February 219,368 12,008,071 127,477 345,386 283,621 907,875 743,725 0 297 76,142 1,317,954 0 365,656 0 208,287 2,490,636 747,574 1,039,249 3,500 48,718 10,284 1,929,006 296,046 0 1,123,465 4,100 42,152 70,057 10,000 100 2,173,221 0 1,163,382 26,560 193,054 4,916,985 10,548,773 913,662 0 44,354,383

March

April

May

426,639 3,837,153 1,096,180 909,776 499,306 600,200 1,084,635 7,701 0 658,913 343,906 0 154,095 0 9,000 5,096,621 681,082 529,903 0 46,025 1,327 5,215,567 383,762 0 3,660,962 0 789,454 423,739 0 0 198,732 0 2,561,586 66,225 1,494,835 4,837,594 186,277 431,964,583 0 467,765,778

519,280 20,668,929 7,150 182,120 322,393 2,218,734 480,622 81,194 0 30,018 82,000 0 99,150 8,500 500 4,254,411 291,424 60,385 10,000 36,101 34,406 1,497,423 6,100 0 34,254,848 0 23,844 141,794 930 5,000 41,616 0 728,536 19,460 198,127 2,887,845 9,594,345 2,034,700 0 80,821,885

21,800 36,414,027 1,348,694 595,211 561,746 1,481,266 1,000,110 443 26,663 13,766 1,088,801 0 1,232,904 0 51,000 4,272,917 78,917 12,510 43,230 160,929 754 2,259,079 100,000 0 13,059,187 0 73,824 887,860 854 5,340 9,211 0 2,580,632 4,450 1,039,117 2,565,904 1,403,500 11,934,182 0 84,328,828

YEAR BOOK 2009

Monthly Trading Volume (Contâ&#x20AC;&#x2122;d.)

June 33,879 2,494,610 175,516 1,420,917 210,730 2,003,000 1,082,748

July

August

September

October

November

December

Yearly Total 2,310,476 170,994,672 8,821,468 9,383,602 9,422,922 8,745,269 19,032,011 464,965 197,078 2,706,347 50,133,775 0 11,345,964 13,000 453,754 76,568,756 7,152,499 14,206,330 3,376,755 1,837,064 617,110 22,799,731 2,448,131 16,815 230,630,320 4,200 186,932,249 5,537,088 257,673 2,028,460 10,912,909 500 27,279,033 4,937,786 11,976,364 49,955,375 24,963,431 651,314,866 300,300 1,630,079,048

4,500 115,044 504,396

1,483,482 77,191 8,131 11,550 341,116

22,834 28,762,565 136,365 1,699,847 632,845 220,000 263,015 75,500 5,112 149,580 2,216,173

68,319 33,156,595 1,245,387 616,294 1,584,535 50,000 1,613,750 25,240 39,849 1,081,300 755,646

34,300 3,049,283 1,931,660 465,488 216,700 92,759 3,676,968 84,900 2,600 21,983 10,585,004

47,409 17,459,900 552,872 326,529 1,885,597 452,405 2,364,590 25,000 5,160 170,358 27,707,226

817,857 2,289,389 926,333 412,399 1,823,759 555,000 4,602,806 22,388 104,766 125,466 4,266,340

983,330

2,167,542

1,557,994

2,216,711

1,763 18,525,675 474,440 242,067

49,000 8,288,154 527,699 130,983

29,147 15,457,180 180,548 3,428,472

95,209 825 1,805,337 212,560

177,905 15,418 658,392 201,146

386,263 459,739 1,783,700 97,654

981,186 4,500 1,924 5,137,630 335,950 621,731 3,097,160 78,479 5,238 783,578 516,269

770,281

48,000 720,792 443,671 63,241 161,900 223,428 22,299 1,756,438 384,477

371,425 0 0 1,963,932 239,973 522,450 0 213,373 18,174 2,364,774 37,000

1,202,034 0 15,000 67,459 30,000 0 53,658 0 1,041,523 37,029 817,839 2,567,387 59,849 3,394,164 300,100 22,438,958

7,299,620

61,687,449

4,584,197

343,258 27,930

161,276 850,875

416,390 549,479 63,927

100,000 241,878

79,673

1,141,280 24,500 1,422,213 5,297,275 1,239,360 9,968,126

1,955,881 16,384 920,893 6,574,453 396,101 1,095,537

62,912,925

119,529,049

9,977 7,167,196 260,130 2,220,016 703,278

JAMAICA STOCK EXCHANGE

1,294,690

2,242,021 20,856,133 100 0 37,890 183,858,118 620,652 817,567 0 145,581 3,000 0 539,017 5,878,724

54,833 8,790,140 196,053 7,479,581 60,865 336,765 2,474 753,400 77,941 15,000 78,740,902 0 1,124,528 723,043 5,481 1,906,000 321,936

858,574 1,800 2,133,387 4,746,045 584,350 73,822,292 100 153,331,560

1,205,329 3,116,781 54,136 13,000 133,357 350,588 4,563,167 2,139,874 55,595 428,517 307,378 23,099,914 100 0 35,654,488 303,265,488

10,003,601 4,542,178 1,800,930 6,341,992 357,188 3,946,722 0 144,298,337

YEAR BOOK 2009

Monthly Trading Volume (Contâ&#x20AC;&#x2122;d.)

Preference Shares Bank of Nova Scotia Variable Pref. C & W Ja. 5.5% C & W Ja. 6% CCMB Limited Var. Pref. J.L.A. 7.5% JMMB 12% JMMB 12.15% JMMB 12.25% J.P.S 5% C J.P.S 5% D J.P.S 6% J.P.S 7% Jamaica Stock Exchange Var. Pref.

MIL12% NCB CAP Markets 11.75% P.C.F.S. 12.5% Total Preference (Monthly) Monthly Total

January 14,083 0 0 0 0 288,471 0 532,053 0 0 0 0 154,381 0 0 12,150 276,660 0 1,277,798

February 2,667 0 0 3,155 0 221,529 0 2,187,875 0 0 0 0 35,000 0 0 121,586 112,100 0 2,683,912

March 60,722 0 0 122,277 0 0 0 896,006 0 0 0 0 355,917 0 0 38,097 185,371 0 1,658,390

April 13,475 0 0 17,230 0 0 0 293,569 0 0 0 0 172,113 0 0 28,708 316,889 0 841,984

May 77,319 0 0 776 335,501 0 0 217,788 0 0 0 0 0 0 0 791,340 2,300 0 1,425,024

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

YEAR BOOK 2009

Monthly Trading Volume (Contâ&#x20AC;&#x2122;d.)

June 80,899 0 0 0 116,418 105,000 0 131,718 0 0 0 0 60,200 0 0 33,949 599,115 0 1,127,299 23,566,257

July 106,415

August 28,842

8,907 108,116 200,000 115,500

4,760 1,000 183,500 24,444 111,293

323,784

89,668

549,414 394,695 19,200 1,826,031

59,633 228,756 731,896

September 140,270 0 0 25,994 0 0 0 280,440 0 0 0 0 83,233 0 0 120,290 15,558 19,450 685,235

64,738,956

120,260,945

154,016,795

December 123,845 0 0 1,167 0 1,667,000 0 469,068 0 0 0 0 510,809 0 0 122,159 1,090 0 2,895,138

Yearly Total

36,567,726 319,278,919 147,193,475

1,662,158,424

October 67,112 0 0 52,300 0 10,000 0 605,407 0 0 0 0 20,748 0 0 131,712 25,959 0 913,238

November 118,145 0 111 104,500 13,960 47,000 0 15,505,217 0 355 0 0 29,934 0 0 1,709 192,500 0 16,013,431

833,794 0 111 341,066 574,995 2,722,500 24,444 21,345,934 0 355 0 0 1,835,787

2,010,747 2,350,993 38,650 32,079,376

Ordinary Volume (2009 vs 2008)

500,000 450,000 400,000

Volume

350,000 300,000 2009

250,000

2008 Series 3 Series 4 Series 5

200,000 150,000 100,000 50,000 0 JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Month

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

Monthly Trading Value Ja.$(000) Ordinary Shares January Berger Paints Cable & Wireless (Jamaica) Captial and Credit Financial Group Caribbean Cement Company Carreras Group Ciboney Group Desnoes & Geddes First Caribbean International Bank First Caribbean International Bank Ja First Jamaica Investments Ltd. Gleaner Company Goodyear (Jamaica) Ltd GraceKennedy Ltd Guardian Holdings Ltd. Hardware & Lumber Ltd Jamaica Broilers Group Jamaica Money Market Brokers Jamaica Producers Group Kingston Properties Ltd Kingston Wharves Lascelles deMercado Mayberry Investments Ltd. Montego Freeport Ltd. Montego Bay Ice National Commercial Bank Ltd. Palace Amusement Ltd Pan Caribbean Financial Services Pan-Jamaican Investment Trust Pegasus Hotels Pulse Investments Ltd. Radio Jamaica Sagicor Financial Corporation Sagicor Life Jamaica Salada Foods Scotia DBG Investments Scotia Group Jamaica Seprod Limited Supreme Ventures Trinidad Cement Ltd. Total Ordinary (Monthly)

JAMAICA STOCK EXCHANGE

177,882 2,085,284 4,005,440 757,357 27,362,353 7,190 2,630,673 7,859,776 0 5,373,013 1,627,634 0 19,710,743 0 2,703 5,518,343 19,075,256 1,337,435 465 161,621 20,406,930 3,816,792 222,016 29,040 32,852,565 0 625,151 9,967,055 15,750 49,580 214,863 130,000 4,684,911 1,343,965 17,932,992 41,917,008 1,946,686 290,460,519 0 524,308,992

February

March

418,359 775,784 4,791,736 1,602,823 483,577 4,067,167 1,403,727 3,174,034 13,068,997 19,307,630 45,694 30,010 2,952,874 4,203,729 0 926,040 5,940 0 1,767,919 12,868,529 2,185,267 519,708 0 0 15,490,934 6,221,744 0 0 1,774,647 52,000 8,743,437 18,539,979 3,276,260 3,837,956 17,420,022 9,634,184 16,000 0 215,771 151,739 3,403,355 438,607 3,842,023 9,917,601 459,124 565,505 0 0 16,710,885 49,460,277 0 246,000 9,858,845 563,789 2,059,851 10,479,479 150,000 0 0 545 451,624 5,481,955 0 0 11,546,156 5,649,500 292,772 690,975 2,927,951 19,401,542 76,115,094 75,484,342 168,712,070 2,530,824 1,867,455 909,531,235 0 0 362,543,531 1,186,270,068

April

May

884,722 9,148,256 28,550 696,582 12,455,549 110,937 1,884,143 9,663,255 0 570,357 127,460 0 4,116,505 2,720,000 2,550 13,936,220 1,747,918 949,500 45,000 97,837 10,137,179 2,673,349 9,455 0 421,573,532 0 311,057 3,876,179 12,555 25,000 83,864 0 3,118,842 207,249 2,580,706 45,100,769 151,809,425 4,370,942 0 705,075,445

40,636 17,224,521 4,110,403 2,627,056 22,552,633 78,063 3,917,946 52,713 532,376 314,265 1,690,186 0 57,568,492 0 255,100 15,259,738 407,960 191,096 184,558 427,231 231,220 4,534,465 180,000 0 167,160,858 0 1,070,345 30,924,041 10,684 29,050 16,503 0 12,369,357 47,669 13,849,203 42,484,705 21,051,160 25,224,699 0 446,618,928

YEAR BOOK 2009

Monthly Trading Value Ja.$(000) (Contâ&#x20AC;&#x2122;d.)

June

July

August

36,669 53,789 15,973 11,429,578 2,882,444 1,104,248 551,656 1,030,544 719,255 5,840,698 9,377,833 6,479,827 27,042,961 8,771,956 29,192,516 8,800 100,120 1,071,199 5,816,409 4,277,077 8,974,750 9,173,946 0 66,480 116,952 70,985 3,505,620 289,850 2,774,871 3,072,039 464,642 707,997 0 72,102,184 46,785,710 99,850,418 0 240,800 10,578 261,095 33,806,149 2,584,925 67,419,703 2,243,518 2,166,958 2,026,873 1,933,950 948,564 3,424,160 798,400 442,972 276,835 673,774 4,608,082 6,860,670 247,500 1,196,714 3,337,938 3,363,000 433,546 784,456 457,916 0 15,804,191 95,232,962 839,248,240 0 2,182,200 228,886 5,324,991 29,015,628 2,409,222 935,935 381,576 0 548,000 175,728 94,431 342,556 0 10,235,673 5,031,980 5,545,323 149,477 329,290 206,450 15,050,753 13,582,867 23,298,494 45,251,525 90,627,497 113,455,026 6,075,001 936,594 18,402,846 2,267,785 6,877,762 21,537,490 16,581,900 197,772,838 497,440,636 1,196,463,875

JAMAICA STOCK EXCHANGE

September

October

106,139 13,217,551 3,771,334 2,199,933 66,677,581 2,000 6,837,735 3,000,570 509,291 28,113,800 1,095,687

50,590 1,122,538 5,168,886 1,688,709 9,276,894 3,710 13,891,209 10,045,685 33,170 577,976 13,703,038

93,992,872

14,644,580

143,070 65,633,232 732,343 44,725,298

8,546,689 971,592 6,767,232

891,624 128,903,410 3,327,827 186,519

470,318 4,946,220 4,333,161 71,250 0 29,203,893 6,000 505,070 19,680,790 0 16,350 1,188,466

59,659,996 5,496,202 18,307,827 799,727 2,970,907 4,542,054 15,508 34,488,294 83,416,850 9,064,427 149,905,606 5,700 832,740,914

November 53,260 6,720,656 1,459,816 1,175,155 75,709,180 25,035 8,622,031 2,948,750 66,016 4,737,539 32,115,395

December 939,358 863,853 3,554,461 1,542,442 68,007,676 39,600 15,514,382 2,640,521 1,343,484 3,487,326 5,021,878

31,403,565 38,595,974 0 947,700 211,211 9,080 41,692,806 22,979,891 784,823 1,336,076 8,700,762 191,099,968 305,575 20,725,472 847,105 154,758 617,860 1,312,897 1,384,363 1,364,866 141,147 958,231 235,000 0 303,374,432 1,218,814,763 0 0 20,544,234 2,579,612,472 24,808,552 27,694,307 109,565 2,553,943 10,367,950 0 623,039 12,852,294

67,463,296 20,990,243 6,690,305 70,017,187 153,721 495,530 33,974,826 7,946,682 2,232,895 41,513,594 122,170,299 80,600,225 6,546,158 7,120,353 853,523 7,887,495 46,055,777 631,220 0 0 7,200 238,424,914 3,280,586,360 1,955,005,765

Yearly Total 3,553,163 72,193,489 28,951,089 36,963,354 379,425,925 451,158 71,619,406 55,286,005 2,744,694 64,381,064 62,330,930 0 500,483,721 3,667,700 2,962,834 304,661,112 38,607,535 287,132,171 22,075,470 4,811,584 182,113,930 43,092,100 4,469,165 264,040 3,249,096,594 252,000 2,626,323,242 180,158,868 4,033,799 11,036,475 24,496,230 130,000 157,867,639 73,949,793 187,267,205 858,136,934 395,049,067 1,466,617,982 16,594,800 11,423,252,267

YEAR BOOK 2009

Monthly Trading Value Ja.$(000) (Contâ&#x20AC;&#x2122;d.)

Preference Shares January Bank of Nova Scotia Variable Pref. C & W Ja. 5.5% C & W Ja. 6% Capital & Credit Merchant Bank Var Pref J.L.A. 7.5% J.M.M.B. 12% J.M.M.B. 12.15% J.M.M.B. 12.25% J.P.S 5% C J.P.S 5% D J.P.S 6% J.P.S 7% Jamaica Stock Exchange Var Pref Lascelles deMercado & Co. 15% Lascelles deMercado & Co. 6% Mayberry Investments Ltd. 12% NCB CAP Markets 11.75% P.C.F.S. 12.5% Total Preference (Monthly) Monthly Total

April

May

15,918 0 0 0 0 622,434 0 1,244,365 0 0 0 0 324,698 0 0 35,235 771,759 0 3,014,408

February 3,477 0 0 3,065 0 478,503 0 4,921,751 0 0 0 0 73,500 0 0 288,665 306,043 0 6,075,003

March 92,366 0 0 217,396 0 0 0 2,023,260 0 0 0 0 781,258 0 0 82,683 486,556 0 3,683,519

19,053 0 0 34,977 0 0 0 709,780 0 0 0 0 394,730 0 0 64,593 795,418 0 2,018,551

122,053 0 0 1,582 766,372 0 0 544,470 0 0 0 0 0 0 0 2,370,469 6,296 0 3,811,242

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

YEAR BOOK 2009

Monthly Trading Value Ja.$(000) (Contâ&#x20AC;&#x2122;d.)

June

July 166,761

127,890 0 0 0 283,706 229,930 0 329,295 0 0 0 0 152,020 0 0 104,902 1,621,498 0 2,849,240 200,622,079

August

September

36,047

179,409 46,799

268,865

9,673 2,400 412,875 76,310 264,703

682,447

770,823

180,233

171,547

1,554,038 1,100,000 3,648,000 8,230,047

148,968 627,848

322,429 40,706 3,793,750 5,237,088

18,081 259,478 444,000

1,759,055

October 82,854 0 0 91,640 0 22,500 0 1,613,504 0 0 0 0 42,741 0 0 333,084 69,363 0 2,255,685

November 150,975 0 59 176,575 33,504 106,220 0 44,647,041 0 124 0 0 65,855 0 0 4,700 516,780 0 45,701,832

December 141,122 0 0 1,809 0 3,785,490 0 1,179,271 0 0 0 0 1,037,855 0 0 342,045 2,943 0 6,490,535

Yearly Total 1,137,923 0 59 601,596 1,345,460 6,101,951 76,310 58,428,752 0 124 0 0 3,995,260 0 0 5,651,812 6,345,209 7,441,750 91,126,207

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

Value($)

2,600,000

2009

2,100,000

2008

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

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 arranged 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 Neville Ellis - Snr. Marketing Officer Michael Johnson - Marketing Officer Davia Eastman – Marketing Assistant Charlette Eddie-Nugent - Communications Assistant

Market Operations & Trading Riccalya Robb – Trading Officer Robyn-Kay Deleon – Trading Assistant

Marlene Street-Forrest General Manager Robin Levy Deputy General Manager

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Jamaica Central Securities Depository Ltd. 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. www.accessfinanceonline.com

Website:

Financial Data

BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr (decr.) over prior yr. Aftertax Profit (Loss) % incr. over prior yr. Extraordinary items IMPORTANT RATIOS Debt/Equity Current Ratio Return on Equity Operating Profit (Loss) Margin Earnings Per Share Closing Stock Price P.E. Ratio

2009

2008

27,451

68,800

273,794

114,882 1,041 301,686 294,660 325,103

308,060 477,044 334,686

299,284 35.52 84,750 65.68 65,999 100.76

220,841

1.13 1.43 33.96 28.32 2.88 27.51 9.55

2.63 0.91

2007

2006

2005

2004

51,154 32,874

23.16 1.50

*Restated JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Scotia Jamaica Investment Management Ltd. 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:

scotiaservice-jm@scotiabank.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Exceptional Items IMPORTANT RATIOS Return on equity Asset Growth Deposit Growth Loan Growth Loan & Investment Growth Return on Assets Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio *Restated JAMAICA STOCK EXCHANGE

2008

2007

2006

100,000

38,170,121 242,448,272 152,724,668 90,033,247 72,420,141

31,717,204 214,461,164 138,610,153 86,675,776 55,093,573

27,802,325 205,207,502 127,874,460 74,589,271 58,723,425

37,335,830 18.29 12,970,595 9.77 9,651,781 11.98 -

31,562,923 11.49 11,816,466 22.94 8,619,584 25.82 -

28,309,989 4.67 9,611,820 3.18 6,850,617 0.76 -

27,046,527 8.15 9,315,624 11.83 6,798,908 15.52 -

27.62 13.05 10.18 3.87 14.59 3.98 34.74

28.96 4.51 8.40 16.20 6.34 4.02 37.44

24.82 2.69 12.88 23.92 23.33 3.34 33.95

1.20

1.12

1.35

26.71 8.93 5.33 -30.73 -15.51 3.40 34.44 2.32 22.10 9.53

2,927,232 27,389,555 199,840,115 * 113,279,538 60,189,926 * 47,906,955 *

2005 2,927,232

2004 1,463,616

20,605,017 * 23,524,953 183,460,578 * 168,167,649 * 107,546,636 * 98,810,819 86,892,092 * 78,500,762 41,046,175 * 35,078,821

25,007,701 (1.21) 8,329,812 1.92 5,885,586 0.50 -

26.67 9.09 8.84 10.69 12.64 3.21 33.31 2.01 21.14 10.52

25,312,785 * 28.56 8,172,633 11.84 5,856,057 7.32 -

30.61 13.89 13.49 19.58 17.78 3.48 32.29 2.00 25.26 12.63 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 & Transfer Agent

41B Half Way Tree Road 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

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

458,036 105,253 0 527,802 243,884

404,098 95,114 0 687,594 481,120

433,346 89,574 0 673,698 415,094

424,361 78,674 0 587,890 316,604

428,538 67,336 0 557,415 257,424

418,270 52,566 0 530,184 213,271

1,286,955 9.58 53,075 (45.68) 38,487 (41.50)

1,174,469 6.06 97,715 (7.27) 65,791 (1.83)

1,107,405 8.96 105,376 (15.66) 67,017 (18.04)

PROFIT & LOSS (000) Turnover 1,829,255 % incr. over prior yr 19.79 Pre-tax Profit 95,416 % incr (decr.) over prior yr. 344.23 Aftertax Profit (Loss) 74,099 % incr. over prior yr. 376.21 Extraordinary items IMPORTANT RATIOS Debt/Equity Current Ratio Return on Equity Operating Profit (Loss) Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.00 2.16 17.19 5.22 0.35 2.68 7.66

1,527,014 4.98 21,479 (71.96) 15,560 (67.15)

1,454,602 13.03 76,594 44.31 47,363 23.06

0.00 1.62 11.04 5.27 0.22 3.00 13.64

0.00 1.43 3.72 1.41 0.07 2.00 28.57

0.00 1.86 9.02 4.12 0.18 4.20 23.33

0.00 2.17 15.54 8.32 0.31 3.78 12.19

0.00 2.49 16.07 9.52 0.31 5.67 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

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 & Transfer Agent

Duke Corporation Limited, Penthouse, Scotiabank Centre 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:

customer.services@cwjamaica.com

Financial Data 2009

2008

2007

2006

2005

2004

BALANCE SHEET (000) No. of Shares issued

16,817,440

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

15,387,416 285,951 302,163 5,692,429 6,642,511

14,695,499 3,421,455 4,170,494 5,643,395 6,589,605

20,321,828 222,515 3,277,030 7,805,406 8,978,982

19,497,937 219,501 605,228 6,608,609 5,834,551

19,164,960 563,957 929,455 6,341,464 6,691,888

17,067,619 1,441,477 3,589,475 6,604,777 15,990,918

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr.

16,370,138 2.01 (369,555) 94.88 (302,825) 92.78

16,046,854 (10.87) (7,216,382) (330.02) (4,194,698) (304.24)

18,004,306 7.81 3,137,299 18.61 2,053,766 6.82

16,700,281 (3.23) 2,645,109 * (14.68) 1,922,561 * (15.72)

17,257,383 (7.10) 3,100,226 137.83 2,281,134 142.39

18,576,773 (12.26) (8,195,078) (406.96) (5,381,056) (393.85)

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.02 0.86 (2.01) (2.26) (0.02) 0.45 (25.00)

0.28 0.86 (23.96) (44.97) (0.25) 0.78 (3.12)

0.16 0.87 10.32 17.43 0.12 0.99 8.25

0.03 1.13 9.95 15.84 0.11 * 1.20 10.91

0.05 0.95 12.59 17.96 0.14 1.55 11.48

0.21 0.41 (26.53) (44.11) (0.32) 0.98 (3.06)

*Restated

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Veritat Corporation - 6 Duke Street, Kingston KPMG Trinidad (Sub Registrar) Scotia Centre - 55-58 Richmond Street, Port of Spain, Trinidad & Tobago

Subsidiary & Affiliatesd Companies

Capital & Credit Securities Ltd. Capital & Credit Fund Managers Ltd. Capital & Credit International Inc.

Principal Activities

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

Website:

www.capital-credit.com

Email:

info@capital-credit.com

Financial Data 2009

2008

BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments

5,625,849 43,674,863 8,336,639 6,957,451 10,755,360

2007

2006

2005

2004

641,160

588,800 *

5,046,367 * 46,834,750 * 9,378,051 7,557,891 11,008,285

5,762,004 54,347,549 7,670,991 6,404,421 * 19,062,910

5,448,874 52,801,207 5,683,937 3,919,943 44,710,750

4,659,103 52,953,244 4,821,355 2,643,783 47,227,433

3,026,886 58,959,823 4,522,026 2,630,935 46,057,868

6,069,800 3.08 921,938 (31.12) 771,882 (33.30)

5,888,334 11.20 1,338,542 36.83 1,157,223 33.73

5,295,371 28.29 978,259 76.34 865,319 85.98

30.11 (10.19) 6.62 0.49 2.43 2.19 22.73 1.96 22.50 11.48

33.83 41.68 109.88 43.80 25.32 1.47 18.47 1.47 32.00 21.77

PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr.

6,059,048 6.92 347,762 (32.77) 342,706 (24.41)

5,667,008 3.56 517,283 * (3.28) 453,402 1.55

5,472,222 (9.85) 534,806 (41.99) 446,483 (42.16)

IMPORTANT RATIOS Return on Equity Asset Growth Deposit Growth Loan Growth Loan & Investment Growth Return on Assets Operating Profit (Loss) Margin Earnings per share Closing Stock Price P.E. Ratio

6.42 (6.75) (11.10) (7.94) (4.60) 0.78 5.74 0.52 1.55 2.98

8.39 (13.82) 22.25 18.01 (27.10) 0.97 9.13 0.70 1.80 2.57

7.97 2.93 34.96 63.38 (47.63) 0.82 9.77 0.69 18.50 26.81

15.27 (0.29) 17.89 48.27 (2.49) 1.46 15.19 1.20 18.50 15.42

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

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 & Transfer Agent

Veritat Corporation - 6 Duke Street, Kingston KPMG Trinidad (Sub Registrar) Scotia Centre - 55-58 Richmond Street, Port of Spain, Trinidad & Tobago

Subsidiary & Affiliatesd Companies

Capital & Credit Securities Ltd. Capital & Credit Fund Managers Ltd. 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:

info@capital-credit.com

Financial Data

BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments

2009

2008

927,566

5,730,916 43,755,222 8,335,744 6,833,886 10,823,479

4,475,606 54,841,228 7,667,834 6,523,850 19,359,074

4,077,034

4,161,653 (0.05) 287,751 (35.99) 290,639 (25.38)

4,163,780 2.13 449,543 * 7.63 389,495 * 11.86

IMPORTANT RATIOS Return on Equity Asset Growth Deposit Growth Loan Growth Loan & Investment Growth Return on Assets Operating Profit (Loss) Margin Earnings per share Closing Stock Price P.E. ratio

5.32 (6.94) (11.11) (10.39) (5.63) 0.66 6.91 0.31 4.41 14.23

8.06 (14.26) 22.30 16.90 (27.71) 0.83 10.80 0.38 * 5.28 13.89

2006

2005

2004 *

5,191,777 * 47,018,831 * 9,377,986 7,626,062 11,084,670 *

PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr.

JAMAICA STOCK EXCHANGE

2007

417,670 348,184

0.25

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 & Transfer Agent (Effective 15/12/06)

Pan Caribbean Merchant Bank Limited 60 Kuntsford Boulevard, Kingston 5

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:

info@caribcement.com

Financial Data 2009

2008

851,137

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

3,240,096 3,178 6,078 3,425,499 3,473,008

3,458,584 6,117 42,299 3,478,903 3,470,851

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit (Loss) % incr. (decr.) over prior yr. Aftertax Profit (Loss) % incr. (decr.) over prior yr. Exceptional Item Extraordinary Item

8,869,260 0.73 (241,028) (142.14) (144,512) (134.70) -

8,805,293 12.21 571,932 (13.30) 416,438 (20.24) -

IMPORTANT RATIOS Debt/Equity Ratio Current Assets Ratio Return on Equity Operating (Loss) Profit Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.00 0.99 -4.31 (2.72) (0.17) 4.00 (23.53)

BALANCE SHEET (000) No. of Shares issued

2007

2005

2004

851,137

851,137 *

851,137

3,155,921 7,897 74,154 2,194,750 1,740,937

2,747,573 12,288 161,676 2,131,216 2,080,248

2,784,182 10,248 132,724 1,732,082 * 1,785,343 *

2,771,121 9,315 98,134 1,517,678 1,399,013

7,847,307 16.59 659,672 1021.72 522,123 576.62 -

6,730,968 12.20 58,809 (72.70) 77,166 (54.32) -

5,999,295 10.02 215,451 (74.92) 168,927 (79.95) -

5,452,759 35.75 859,012 35.86 842,361 85.18 -

0.02 1.26 17.69 8.41 0.61 9.75 15.98

0.06 1.02 2.79 0.87 0.09 9.64 107.11

0.05 0.97 6.08 3.59 0.20 9.50 47.50

0.04 1.08 34.57 15.75 0.99 12.90 13.03

0.01 1.00 12.59 6.50 0.49 3.95 8.06

2006

*Restated JAMAICA STOCK EXCHANGE

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 & Transfer Agent

N.C.B. Jamaica (Nominees) Limited 32 Trafalgar Road, Kingston 10

Principal Activities

Manufacturing distribution and marketing

Website:

www.bat.com or www.batcca.com

Email:

cglijamaica@cwjamaica.com carreras_group@bat.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities Minority Interests PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Exceptional Items Extrordinary item

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

2008

2007

2006

2005

2004

485,440

3,472,034 0 0 4,670,052 2,784,422 4,800

7,768,667 0 0 8,836,628 2,373,418 14,601

6,642,746 0 0 8,861,463 1,789,508 13,599

6,315,453 0 0 10,304,333 4,163,469 13,569

7,666,781 * 0 0 8,166,199 2,267,543 16,590

13,992,418 0 0 11,421,194 1,746,898 15,307

10,923,530 20.87 5,228,696 (10.28) 3,528,444 (11.79) -

9,037,241 29.01 5,827,735 44.33 4,000,020 44.57 -

7,005,159 0.72 4,037,883 (2.63) 2,766,915 (8.79) -

6,955,087 5.30 4,146,834 17.32 3,033,553 23.36 -

6,604,902 11.15 3,534,761 (12.79) 2,459,194 (13.70) -

5,942,333 19.51 4,052,979 (3.42) 2,849,685 (15.05) (85,245)

0.00 2.47 43.39 59.62 6.24 34.40 5.51

0.00 3.60 22.71 53.52 5.06 36.00 7.11

0.00 6.54 20.64 68.21 5.86 48.50 8.28

0.00 1.68 62.78 47.87 7.27 37.76 5.19

0.00 4.95 42.71 57.64 5.69 49.61 8.72

0.00 3.72 55.51 64.49 8.24 73.51 8.92

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

KPMG Regulatory & Compliance Services 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:

ciboney@n5.com.jam

Financial Data 2009

2008

BALANCE SHEET (000) No. of Shares issued

546,000

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

(21,965) 0 0 105,777 127,743

(22,980) 0 0 105,150 128,130

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit/(Loss) % incr. (decr.) over prior yr. After-tax Profit/(Loss) % incr. (decr.) over prior yr. Exceptional Items Minority Interest IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit (Loss) Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0 4,781 241.41 1,015 129.43 -

0.00 0.83 (4.89) N/A 0.19 0.07 0.37

2007

2006

2005

2004

546,000

(19,530) 0 0 110,340 129,902

(14,750) 0 0 114,005* 128,848

(25,132) 342,975 560,846 331,750 613,523

(10,081) 559,846 821,134 359,830 567,346

78,421 (32.02) 350,775 744.71 350,775 744.57 68,364

(81.45) 0.63 (185.40) 447.30 0.06 0.10 1.56

(3,381) (5.56) (3,449) 27.86 -

(3,203) (129.00) (4,781) (146.05) -

11,046 202.00 10,382 (168.98) -

0 (100.00) (10,829) (103.09) (15,051) (104.29) -

0.00 0.82 18.28 N/A (0.63) 0.05 (0.08)

0.00 0.85 48.96 N/A (0.87) 0.03 (0.03)

0.00 0.88 (52.06) N/A 0.02 0.05 2.63

(22.32) 0.54 85.49 N/A (0.03) 0.08 (2.86)

*Restated

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Duke Corporation Limited 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:

info@scotiadbg.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Exceptional items IMPORTANT RATIOS Return on Equity Asset Growth Deposit Growth Loan Growth Loan & Investment Growth Return on Assets Operating Profit (Loss) Margin Earnings per share Closing Stock Price P.E. Ratio

2008

2007

7 MONTHS

12 MONTHS

2006

2005

423,195

309,258

303,194

7,686,992 74,010,727 2,644,024 2,726,008 825,782

5,771,904 65,996,518 3,647,923 3,406,966 619,939

5,950,438 56,352,603 3,048,121 3,466,685 2,225,840

4,408,106 37,749,263 2,614,104 3,741,177 20,184,987

3,563,174 30,572,360 2,452,666 3,330,433 17,726,996

2,122,312 * 28,422,734 * 2,087,583 2,421,195 19,267,078 *

3,796,568 48.40 2,584,256 68.07 2,128,870 71.76

2,558,390 257.09 1,537,636 236.10 1,239,480 80.60

716,451 -83.06 457,487 (34.65) 686,295 (2.37) -

4,228,618 1.72 700,102 (21.02) 702,955 (20.33) -

4,157,027 2.16 886,429 9.31 882,319 9.93 -

4,069,059 * (10.39) 810,953 48.09 802,642 49.03 -

13.25 49.28 16.60 (7.34) (76.21) 1.22 63.85 1.83 23.02 12.58

17.64 23.48 6.58 12.33 13.62 1.86 16.56 2.27 24.90 10.97

31.04 7.56 17.49 37.55 -2.91 2.89 21.32 2.91 18.20 6.25

31.64 12.14 (27.52) (19.99) (11.80) 2.88 68.07 5.03 17.50 3.48

21.15 17.11 19.68 (1.72) (29.26) 1.88 60.10 2.93 22.00 7.51

290,385

45.85 20.17 95.66 59.66 15.36 2.82 19.93 2.76 22.50 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

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 & Transfer Agent

NCB Jamaica (Nominees) Limited 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

2,174,980

1,404,586

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

6,246,636 733,608 3,183,767 2,992,255

6,332,871 679,108 2,751,532 2,876,658

6,537,303 * 2,463,091 2,214,262

4,784,763 2,476,515 1,536,507

4,147,944 2,483,271 * 1,737,859 *

4,334,801 2,277 1,895,345 1,108,633

12,488,766 10.39 1,670,350 (20.20) 1,042,449 (25.99)

11,313,276 11.85 2,093,226 * (9.95) 1,408,540 * (36.32)

10,114,372 10.72 2,324,401 (7.15) 2,211,847 (6.00)

9,135,115 16.13 2,503,442 * 34.53 2,353,054 51.52

7,866,540 14.91 1,860,864 27.49 1,552,958 16.93

PROFIT & LOSS (000) 13,447,889 Turnover 7.68 % incr. (decr.) over prior yr. 2,211,441 Pre-tax Profit (Loss) 32.39 % incr. (decr.) over prior yr. 1,551,323 Aftertax Profit (Loss) 48.82 % incr. (decr.) over prior yr. Extraordinary/Except. items Exceptional Items IMPORTANT RATIOS Debt/Equity Ratio Current Assets Ratio Return on Equity Operating (Loss) Profit Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.12 1.06 24.66 16.44 0.55 4.00 7.27

0.11 0.96 16.20 13.37 0.37 7.15 19.32

0.00 1.11 24.88 18.50 0.51 7.05 13.82

0.00 1.61 49.52 22.98 0.79 7.79 9.89

0.00 1.43 113.46 27.40 0.83 9.50 11.45

0.00 1.71 35.32 23.66 0.55 6.90 12.55

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

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

FirstCaribbean International Trust and Merchant Bank (Barbados) Limited 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 www.firstcaribbeanbank.com care@firstcaribbeanbank.com

Website: Email:

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments

2008

2007

2006

2005

2004

$US 1,525,132

$US 1,525,176

$US 1,525,934

1,518,769 10,502,577 8,658,353 6,905,476 1,743,690

1,335,795 10,940,154 9,196,049 6,814,278 2,004,269

1,360,820 11,855,675 9,275,685 6,079,959 2,471,004

1,199,299 * 11,421,728 * 9,135,950 5,630,669 * 1,563,581 *

1,080,179 * 9,572,641 * 7,729,395 * 4,603,137 637,457

1,207,103 8,648,720 7,337,636 3,933,886 818,396

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Extraordinary items Exceptional Items

749,549 (8.06) 202,182 0.10 175,201 (2.53) -

815,227 (15.60) 201,973 (28.99) 179,753 (31.22) -

965,905 28.16 284,433 54.35 261,341 59.09 -

753,643 * 5.86 184,278 * (32.69) 164,273 * (36.89) -

711,904* 38.99 273,760 * 151.63 260,277 * 193.96 -

512,206 N/A 108,795 N/A 88,542 N/A -

IMPORTANT RATIOS Return on equity Asset Growth Deposit Growth Loan Growth Loan & Invest.Growth Return on Assets Operating Profit Margin Earnings Per Share Closing Stock Price

12.28 (4.00) (5.85) 1.34 (1.92) 1.67 26.97 11.20 118.00

13.33 (7.72) (0.86) 12.08 3.13 1.64 24.78 11.50 120.02

20.42 3.80 1.53 7.98 18.86 2.20 29.45 16.80 140.00

14.41 19.32 18.20 22.32 37.28 1.44 24.45 10.40 * 118.75

22.76 10.68 5.34 17.01 10.28 2.72 38.45 16.70 123.20

7.34 N/A N/A N/A N/A 1.02 21.24 5.80 100.00

*Restated Note :- Closing stock price quoted in Ja. $ JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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: Email:

www.firstcaribbeanbank.com care@firstcaribbeanbank.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Extraordinary items Exceptional Items IMPORTANT RATIOS Return on equity Asset Growth Deposit Growth Loan Growth Loan & Invest. Growth Return on Assets Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio *Restated JAMAICA STOCK EXCHANGE

2008

2007

2006

2005

2004

265,757

193,333

7,256,163 52,655,850 43,900,172 34,385,404 2,294,308

6,447,143 49,626,068 41,368,967 34,936,630 1,101,528

5,617,659 41,671,183 33,523,005 31,409,506 924,855

5,220,049 4.87 1,307,287 4.88 886,658 6.18 -

4,977,464 14.46 1,246,477 8.43 835,053 8.29 -

12.94 6.11 6.12 -1.58 1.78 1.68 25.04 3.33 12.75 3.83

13.84 19.09 23.40 11.23 11.45 1.68 25.04 3.14 21.80 6.94

4,348,608 * 21.64 1,149,580 32.48 771,123 30.97 -

14.74 27.03 24.03 31.01 27.11 1.85 26.44 2.90 23.50 8.10 76

4,847,757 * 32,804,433 * 27,028,807 23,975,393 * 1,463,207

2,925,318 * 23,529,689 19,863,646 13,872,301 * 1,503,634 *

3,574,936 * 24.46 867,733 * 49.97 588,776 * 30.69 -

2,872,417 * (0.71) 578,605 * 8.24 450,511 * 18.19 -

15.15 39.42 36.07 72.83 65.44 1.79 24.27 2.41 * 21.50 8.92

16.46 17.04 19.33 64.20 43.64 1.91 20.14 2.33 * 18.01 7.73

2,548,166 20,104,461 16,645,586 8,448,607 2,255,759

2,892,835 0.51 534,559 (23.26) 381,177 (24.20) -

16.17 3.78 0.51 19.64 10.12 1.90 18.48 1.97 21.50 10.91 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 & Transfer Agent

Pan Caribbean Merchant Bank Limited 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

BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Minority Interest Exceptional Items IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

2009

2008

2007

2006

303,500

11,594,515 241,924 244,534 12,013,163 140,765

9,517,488 495,950 496,434 10,322,147 205,095

8,945,456 * 393,570 411,306 9,609,130 315,467

1,635,592 9.72 2,120,145 19.60 1,940,494 14.81 22,525

1,490,699 13.00 1,772,675 18.70 1,690,143 23.93 24,552

0.02 85.34 18.38 129.63 6.35 27.97 4.40

0.05 50.33 18.31 118.92 5.51 25.00 4.54

2005

2004

303,500

8,845,811 568,844 571,918 9,708,015 160,897

7,642,174 298,235 * 303,307 * 8,386,678 * 173,515 *

5,277,636 * 139,751 * 407,891 * 7,469,854 * 729,289 *

1,319,179 23.05 1,493,436 * 20.96 1,363,795 * 18.77 17,750

1,072,059 11.25 1,234,685 5.88 1,148,276 (58.19) (3,788)

963,637 * 52.09 1,166,117 * 17.55 2,746,630 * 72.36 (13,643)* 1,591,881

633,609 * (87.61) 991,995 * 16.60 1,593,546 98.35 (17,360)

0.05 30.46 15.33 113.21 4.45 * 41.00 9.21

0.06 60.34 13.93 115.17 3.79 41.00 10.82

0.04 48.33 42.52 121.01 3.45 43.00 12.46

0.08 10.24 36.50 156.56 3.01 * 45.50 15.12

*Restated

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

NCB Jamaica (Nominees) Limited 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: Email:

www.jamaica-gleaner.com admin@gleanerjm.com

Financial Data 2009

2008

2007

2006

2005

2004

BALANCE SHEET (000) No. of Shares issued

1,211,243

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

2,023,168 40,105 63,062 1,281,709 678,514

2,012,998 44,636 81,611 1,385,368 751,847

2,397,311 74,180 165,822 1,396,996 717,498

2,227,596 37,263 101,371 1,355,649 848,708

2,036,980 49,169 83,921 1,192,699 664,828

1,947,147 * 116,125 147,535 1,236,486 * 683,233 *

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Exceptional Items

3,274,179 0.86 1,822 100.40 208,180 146.81

3,246,297 (23.60) (451,266) (333.65) (444,688) (552.82)

4,248,873 17.36 193,139 (54.57) 98,204 (64.11)

3,620,522 10.00 425,167 60.65 273,655 52.49

3,291,238 12.00 264,656 (50.13) 179,455 (51.04)

2,938,637 * 15.39 530,702 * 68.86 366,529 * 56.94 130,116

0.03 1.89 10.32 0.06 0.15 1.16 7.97

0.04 1.84 (20.17) (13.90) (0.37) 1.73 (4.66)

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.07 1.95 4.25 4.55 0.08 4.30 53.95

0.05 1.60 12.83 11.74 0.21 1.99 9.41

0.04 1.79 9.01 8.04 0.15 2.60 17.33

0.08 1.81 20.35 18.06 0.30 2.61 8.70

*Restated

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 & Transfer Office

Grace, Kennedy & Company Limited 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

YEAR BOOK 2009

GraceKennedy & Company Ltd.(GK JMP4897P1050) Financial Data 2009

2008

2007

2006

2005

2004

331,706

331,227

329,280

327,940

327,395

325,817

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities Minority Interest

23,697,642 15,417,579 17,227,287 79,504,533 57,025,535 1,147,370

19,799,405 13,421,348 14,715,491 78,725,445 56,194,890 1,773,661

20,038,517 8,168,302 10,026,439 66,946,961 46,740,919 1,574,453

17,158,975 4,325,056 5,750,308 57,501,792 42,126,461 773,382

15,240,590 3,588,504 * 5,186,283 51,534,847 * 41,714,487 * 744,234

13,351,973 * 1,474,367 3,738,475 * 40,297,753 * 34,544,797 * 507,527

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Exceptional Items Extraordinary Items Minority Interest

57,406,415 7.38 3,653,867 47.40 2,722,823 52.89 147,868

53,462,279 9.67 2,478,893 (48.38) 1,780,886 (49.62) 106,411

48,749,434 35.08 4,802,174 90.22 3,535,216 88.97 99,684

36,088,247 9.25 2,524,552 (17.37) 1,870,811 (11.82) 25,807

33,031,615 7.58 3,055,247 (3.06) 2,121,694 (6.66) 46,758

30,703,792 24 3,151,837 * 18 2,273,080 * 11 101,712

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.73 1.39 12.52 6.36 7.79 40.50 5.20

BALANCE SHEET (000) No. of Shares issued

0.74 1.40 8.94 4.64 5.05 43.50 8.61

0.50 1.43 19.01 9.85 10.55 71.50 6.78

0.34 1.36 11.55 7.00 5.67 63.50 11.20

0.34 1.24 14.84 9.25 6.38 87.45 13.71

0.28 1.17 18.24 10.27 6.73 * 118.00 17.53

*Restated

JAMAICA STOCK EXCHANGE

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 & Transfer Office

Guardian Holdings Ltd. 1 Guardian Drive, Westmoorings, Trinidad and Tobago

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$

202,205

202,281

201,700

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities Minority Interest

3,312,306 12,504,899 3,754,922 3,151,269 6,165,337 101,659

3,589,253 12,504,899 3,754,922 3,151,269 6,165,337 101,659

3,628,077 12,511,372 3,932,169 3,342,680 6,300,564 56,633

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Minority Interest Discontinued Operation

5,323,955 1.50 493,910 1345.02 (821,027) (441.94) 23,680 (1,191,863)

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price

1.13 0.51 (23.79) 9.28 (4.18) 299.50

BALANCE SHEET (000) No. of Shares issued

* * *

3,569,277 * 12,645,284 * 3,013,680 2,528,732 * 4,146,528 * 9,820 *

5,245,272 * (3.77) (39,671)* (120.50) 240,111 * 97.37 4,301

5,450,721 * 8.54 193,508 (244.36) 121,657 (156.27) 2,155

5,022,030 * 13.55 (134,050)* (129.30) (216,208)* (157.24) 1,277 *

1.05 0.51 6.65 -0.76 1.17 * 320.00

1.08 0.53 3.38 3.55 0.58 * 290.00

* *

0.84 0.61 (5.92) (2.67) (1.17) 240.00

201,700

191,619

3,733,260 * 3,164,554 * 11,807,163 * 10,494,444 * 2,145,235 * 2,313,732 654,667 * 1,872,373 * 1,857,667 * 1,814,283 * 14,141 16,915

4,422,776 * 23.03 457,535 * (34.82) 377,741 * (34.86) 3,106

0.62 1.01 10.95 10.34 1.83 * 360.00

3,594,950 * 27.17 701,987 * (44.88) 579,871 * (47.82) 1,010 *

0.68 0.36 20.47 19.53 3.03 400.00

Note :- Closing stock price quoted in Ja. $ JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Pan Caribbean Merchant Bank Limited 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

80,842

67,368

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

903,747 518,322 538,880 1,987,677 1,565,807

1,119,168 540,177 498,579 2,395,288 1,788,023

1,211,266 376,738 265,560 2,599,315 1,759,680

1,103,500 233,280 246,868 2,324,983 1,638,354

1,065,782 * 207,269 251,093 2,027,148 * 1,401,925 *

720,371 180,257 237,176 2,042,175 1,683,618

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Extraordinary items Exceptional Item

5,940,599 (12.49) (295,608) 29.10 (225,762) 13.15 -

6,788,162 2.11 (416,910) (309.89) (259,956) (294.65) -

6,648,066 18.77 198,632 258.21 133,550 254.07 -

5,597,276 4.96 55,452 108.35 37,718 86.10 -

5,332,857 (3.37) 26,615 * (90.00) 20,268 * (88.01) -

5,518,947 109.07 266,076 * 309.44 169,011 * 279.09 -

0.60 1.27 (22.32) (4.98) (2.79) 3.50 (1.25)

0.45 1.34 (22.31) (6.14) (3.21) 10.00 (3.12)

0.22 1.48 11.54 2.99 1.65 16.00 9.70

0.22 1.42 3.48 0.99 0.47 18.00 38.30

0.24 1.45 2.27 0.50 0.26 * 18.00 69.23

BALANCE SHEET (000) No. of Shares issued

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

* * * *

0.33 1.21 25.50 4.82 2.51 29.85 11.89

*Restated

JAMAICA STOCK EXCHANGE

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 & Secretarial Agents

Duke Corporation, Scotiabank Centre, Corner Duke & Port Royal Streets, Kingston

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

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities Minority Interest

5,797,711 1,670,410 5,478,005 6,389,816 5,619,251 -

4,741,295 821,008 2,520,731 5,283,242 4,387,519 -

4,220,125 231,845 1,215,049 3,459,379 2,618,595 -

3,804,047 140,202 425,750 2,942,339 1,390,688 * -

3,250,275 230,476 861,741 * 3,003,798 * 1,968,221 * 5,145

2,648,201 212,834 978,477 2,396,961 1,811,051 5,145

PROFIT & LOSS (000) 24,623,315 Turnover 20.44 % incr. over prior yr 1,003,727 Pre-tax Profit 11.09 % incr. over prior yr. 828,063 Aftertax Profit 11.85 % incr. (decr.) over prior yr. Exceptional Items 0 Extraordinary Items

20,443,685 77.92 903,515 27.43 740,316 44.55 0

11,490,300 15.62 709,008 (7.33) 512,139 (20.64) 0

9,938,217 8.66 765,109 (22.20) 645,334 (10.61) 0

9,146,538 11.91 983,433 62.21 721,912 56.49 0

8,173,181 18.96 606,281 80.94 461,310 28.74 0

0.11 2.12 18.30 7.70 0.54 3.50 6.50

0.27 1.53 24.48 10.75 0.60 5.90 9.80

0.37 1.32 18.64 7.42 0.38 3.80 10.00

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.94 1.14 15.71 4.08 0.69 3.20 4.64

0.53 1.20 16.52 4.42 0.62 5.00 8.10

0.29 1.32 12.76 6.17 0.43 4.00 9.30

*Restated

JAMAICA STOCK EXCHANGE

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 Registrar & Transfer Agent

Andrea Sweeney, B.Acc., M.B.A., CPA Jamaica Central Securities Depository Limited 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:

jlapurch@cwjamaica.com

Financial Data

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit (Loss) Margin Earnings (Loss) Per Preference Share Closing Stock Price P.E. Ratio

2009

2008

2007

2006

2005

2004

57,453

512,281 71,668 240,567 644,893 478,825

572,867 98,553 242,511 239,922 449,601

201,482 79,355 166,881 329,027 308,398

229,128 46,797 110,288 324,692 305,967

246,891 11,994 63,958 321,582 * 318,428

238,975 788 74,298 252,967 249,231

904,493 (10.24) (186,941) 15.17 (232,329) (43.74)

1,007,685 (15.96) (220,370) 554.11 (161,636) 640.19

1,199,104 4.41 (33,690) 179.98 (21,837) 62.24

1,148,498 1.11 (12,033) (202.36) (13,460) (204.12)

1,135,848 20.99 11,755 (51.04) 12,927 (36.70)

938,808 17.53 24,007 141.91 20,422 403.00

0.47 1.35 (42.82) (20.67)

0.42 0.53 (41.75) (21.87)

0.83 1.07 (10.14) (2.81)

0.48 1.06 (5.66) (1.05)

0.26 1.01 5.32 1.03

0.31 1.01 8.87 2.56

(4.04)

(2.81)

(0.38)

(0.23)

0.22

0.35

2.40 (0.59)

2.55 (0.91)

3.80 (10.00)

2.15 (9.35)

2.70 12.27

1.35 3.86

*Restated

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

KPMG Regulatory & Compliance Services 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: Email:

www.jmmb.com info@jmmb.com

Financial Data

BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Investments Repurchase Agreement Minority Interest PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Exceptional items IMPORTANT RATIOS Return on Equity Asset Growth Investment Growth Repurchase Agreement Growth Return on Assets Operating Profit (Loss) Margin Earnings per share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

2009

2008

2007

1,463,386

5,305,902 111,193,465 97,716,017 90,110,998 20,912

6,644,413 102,415,766 91,058,258 88,246,690 16,091

7,166,896 89,618,957 80,478,392 77,353,059 2,354

7,193,769 * 81,880,170 * 72,662,569 70,761,258 4,680

15,969,623 46.04 1,544,528 23.08 1,102,622 3.86

10,935,216 5.21 1,254,902 (16.77) 1,061,610 (3.37)

18.45 8.57 7.31 2.11 0.99 9.67 0.75 6.00 8.00

15.37 14.28 13.15 14.08 1.04 11.48 0.73 11.75 16.10

10,393,827 * 14.68 1,507,718 * (18.26) 1,098,603 (30.92)

15.30 9.45 10.76 9.32 1.23 14.51 0.75 10.50 14.00

2006

2005 1,463,386

2004 1,463,386

4,083,760 * 5,800,961 * 63,889,888 * 61,370,724 * 57,680,903 * 55,887,955 55,185,862 54,791,793 7,501

9,063,251 8.56 1,844,422 * 4.49 1,590,430 * (3.71)

8,348,358 (16.13) 1,765,177 16.24 1,651,673 9.73

9,953,795 * 47.49 1,518,604 62.49 1,505,213 * 44.98 -

24.48 28.16 25.97 29.15 1.94 20.35 1.09 * 12.62 11.58

33.42 4.10 3.21 (0.71) 2.59 21.14 1.13 17.00 15.04

50.64 25.38 26.23 19.47 2.45 15.26 1.03 * 16.65 16.17

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Jamaica Central Securities Depository

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 BALANCE SHEET (000) No. of Shares issued

2008

2007

33,000

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

954,127 66,000 66,000 408,271 157,542

914,217 66,000 66,000 530,023 303,007

928,303 541,118 41,901

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr.

158,971 (66.20) 64,808 (79.15) 43,018 (79.29)

470,270 128.41 310,819 372.71 207,703 370.81

205,889

0.07 2.59 4.60 40.77 (0.61) 2.00

0.07 1.75 22.55 66.09 6.19 2.10

IMPORTANT RATIOS Debt/Equity Ratio Current Assets ratio Return on equity Operating Profit Margin Earnings Per Share Closing Stock Price

JAMAICA STOCK EXCHANGE

65,752 44,116

12.91 31.94 0.68

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 & Transfer Agent

Jamaica Producers Group Limited 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., 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

St.

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 BALANCE SHEET (000) No. of Shares issued

2008

2007

2006

2005

2004

187,024

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

4,531,893 69,898 125,817 2,267,545 999,326

4,186,114 102,999 149,090 2,161,404 1,155,294

9,082,179 1,135,260 1,399,109 6,760,645 3,391,528

9,472,074 1,081,683 1,511,390 7,305,160 3,349,302

8,895,113 * 557,497 684,494 * 6,631,215 3,313,908

9,115,241 * 207,338 368,944 6,329,301 3,412,558 *

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Extraordinary/except. items Minority Interests

6,259,033 71.48 307,562 209.83 209,748 107.34 595

3,650,096 27.62 (280,026) 241.33 (2,856,467) (496.21) (268)

2,860,166 * (78.58) (82,040) (128.87) (479,108) (118.33) (15,685)

13,351,949 26.89 284,185 (3.81) 2,613,210 466.16 2,340,271 26,876

10,522,299 * -52.13 295,429 * (58.43) 461,567 (3.33) 81,247

21,979,915 * 19.37 710,740 (33.64) 477,485 (45.51) 51,167 *

0.03 2.27 4.81 4.91 1.12 25.89 23.12

0.04 1.87 (43.06) (7.67) (15.27) 23.00 (1.51)

0.15 1.99 (5.16) (2.87) (2.47) 35.05 (14.19)

IMPORTANT RATIOS Debt/Equity Ratio Current Assets ratio Return on equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio *Restated JAMAICA STOCK EXCHANGE

0.16 2.18 28.46 2.13 13.82 43.90 3.18

0.08 2.00 5.13 2.81 2.03 34.51 17.00

0.04 1.85 6.13 3.23 2.28 42.00 18.42

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 & Transfer Agent:

Jamaica Central Securities Depository Ltd. 40 Harbour Street, Kingston

Subsidiaries:

Carlton Savannah REIT (St. Lucia) Limited

Website:

www.kpreit.com

Email:

infor@kpreit.com

Financial Data

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

2009

2008

68,800

498,544 0 0 532,675 29,977

450,597 0 0 138,071 1,837

35,550 108.47 26,082 86.15 21,693 54.83

17,053

0.00 17.77 4.57 73.37 0.31 5.00 16.13

0.00 75.16 6.22 82.16 0.20 4.65 23.25

2007

2006

2005

2004

14,011 14,011

*Restated JAMAICA STOCK EXCHANGE

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 & Transfer Agent

Veritat Corporation 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

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

7,434,373 2,576,003 3,007,277 1,618,065 721,844

7,289,040 2,709,878 3,110,254 1,582,923 746,188

4,890,156 2,338,457 2,606,776 1,269,060 664,150

4,707,122 * 1,531,390 1,643,036 1,039,200 473,998

4,405,831 650,218 762,129 865,065 348,633

3,332,754 191,958 268,080 733,589 280,018

2,570,325 (5.09) 196,035 (9.86) 155,080 (6.57)

2,708,044 * 5.42 217,485 (47.00) 165,979 (51.85)

2,568,778 10.75 410,317 (20.03) 344,742 (20.14)

2,319,431 23.64 513,072 * 10.99 431,691 * 35.66 -

1,875,955 22.12 462,282 39.62 318,211 30.01 -

1,536,215 31.90 331,100 159.93 244,752 266.35 -

0.35 2.19 9.47 0.22 0.40 * 7.94 19.85

0.17 2.48 8.22 0.25 0.29 6.00 20.69

0.08 2.62 7.53 0.22 0.23 4.90 21.30

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Exceptional items Extraordinary Items IMPORTANT RATIOS Debt/Equity Ratio Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

0.40 2.24 2.11 0.08 0.14 3.08 22.00

0.43 2.12 2.73 0.08 0.15 4.80 32.00

0.53 1.91 7.18 0.16 0.32 7.65 23.91

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 & Transfer Agent

Marvia J. Williams Lascelles Demarcate 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 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities Minority Interest

2007

96,000

25,185,029 24,833 724,319 20,442,065 7,731,387 -

25,695,806 27,845 738,077 17,936,140 7,162,312 -

22,532,031 61,168 793,412 14,983,477 6,950,165 -

22,963,136 17.89 3,543,512 10.41 3,015,131 13.12 -

19,478,663 * 5.86 3,209,419 * 3.13 2,665,420 4.31 -

PROFIT & LOSS (000) Turnover 24,912,339 % incr. over prior yr. 8.49 Pre-tax Profit 2,866,144 % incr. (decr.) over prior yr. (19.12) Aftertax Profit 2,559,024 % incr.(decr.) over prior yr. (15.13) Extraordinary item Minority Interest IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

2008

0.03 2.64 10.06 11.50 26.65 280.00 10.51

0.03 2.50 12.50 15.43 31.41 500.00 15.92

0.04 2.16 12.99 16.48 27.76 282.50 10.18

2006

2005

2004

96,000

18,512,997 116,406 791,611 13,552,287 * 5,835,671 * -

15,064,925 173,906 1,232,936 12,172,758 5,876,162 -

13,436,632 262,659 1,375,997 10,705,746 5,386,857 -

18,401,066 13.04 3,112,003 47.38 2,555,244 35.26 -

16,279,054 * 1.68 2,111,552 16.87 1,889,139 25.13 -

16,009,308 29.28 1,806,827 61.75 1,509,726 60.18 -

96,000

0.04 2.32 15.22 16.91 26.62 275.10 10.33

0.08 2.07 13.26 12.97 19.68 228.00 11.59

0.10 1.99 12.18 11.29 15.72 155.00 9.86

*Restated JAMAICA STOCK EXCHANGE

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 & Transfer Agent

The Registrar, 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:

webmaster@life-of-jamaica.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Policyholders Fund Gearing Debt Total Assets Total Liabilities

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Extraordinary Item

IMPORTANT RATIOS Debt/Equity Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

2008

2007

2006

2005

2004

3,716,449

2,543,690

3,758,567

3,750,264

3,748,110

3,730,244

19,862,709 42,047,011 43,152 135,466,417 110,636,048

15,543,820 35,290,140 153,470 117,791,415 98,202,534

15,507,025 20,892,559 153,470 87,069,730 67,165,752

14,411,787 18,042,047 151,029 79,058,214 60,060,047

6,151,427 * 11,652,048 * 17,357,350 * 11,762,958* 154,943 190,767 70,910,853 * 20,273,692 * 55,183,900 * 14,122,265 *

27,872,526 (1.37) 5,770,350 3.37 4,885,565 7.56

28,258,936 66.58 5,582,278 29.44 4,542,251 32.77

16,963,941 14.87 4,312,526 13.69 3,421,084 12.05

14,768,584 21.82 3,793,396 5.97 3,053,248 6.35

12,123,435 * 71.96 3,579,529 * 111.69 2,870,843 * 100.23 -

0.01 29.26 19.75 1.05 5.60 5.33

0.01 22.87 25.42 0.79 8.15 10.32

0.01 23.43 25.69 0.69 9.00 13.04

0.00 27.60 20.70 1.16 7.02 6.05

0.02 32.25 29.53 0.71 9.86 13.89

7,050,108 25.82 1,690,951 30.43 1,433,790 18.62 -

0.03 28.70 23.98 0.57 11.30 19.82

*Restated

JAMAICA STOCK EXCHANGE

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 & Transfer Agent

The Jamaica Central Securities Depository, 40 Harbour Street, Kingston

Subsidiaries

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

Website

www.mayberryinv.com

Email:

feedback@mayberryinv.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Management Fund Loans & Bank Overdraft Investments PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. IMPORTANT RATIOS Debt/Equity Return on Equity Operating Profit (Loss) Margin Earnings per share Closing Stock Price P.E. ratio

JAMAICA STOCK EXCHANGE

2008

2007

2006

2005

1,201,149

856,250

2,911,053 25,478,756 4,687,130 2,353,331

2,453,167 24,040,766 4,168,776 1,732,557

3,365,121 23,895,425 2,873,282 2,148,222

2,753,323 21,851,207 2,989,905 1,355,488

2,579,464 17,356,430 2,733,649 1,880,394

962,068 16,436,204 1,992,743 2,747,974

2,759,854 5.12 489,577 75.06 372,619 42.65

2,625,369 25.12 279,669 1,155.30 261,203 196.38

0.64 12.18 17.74 0.31 4.90 15.81

0.49 9.80 10.65 0.22 4.00 18.18

2,283,893 (15.59) 211,235 (40.69) 245,473 (47.72)

0.81 9.15 9.25 0.20 1.99 9.95

2,705,583 -1.97 356,146 (27.25) 469,501 26.00

0.71 16.14 13.16 0.39 2.00 5.13

2,098,304 (17.23) 22,279 (94.39) 88,131 (76.71)

0.73 4.98 1.06 0.08 3.70 46.25

2004

2,535,115 397,264 378,384

2.86 15.67 0.44

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

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 Activities

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

Website:

www.caribbeanproducers.com

Email:

info@caribbeanproducers.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued

2008

2007

2006

2005

2004

6,161

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

125,125 402 70,890 5,726

127,369 687 70,022 7,368

145,095 76,343 8,347

143,794 72,070 6,730

144,203 703 73,542 7,081

141,871 703 2,643 70,245 8,940

PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit (Loss) % incr. (decr.) over prior yr. Minority Interest

33,782 112.39 3,393 2814.40 664 104.31 2,907

15,906 (9.72) (125) 97.63 (15,404) (712.73) (2,323)

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.00 12.38 0.53 10.04 (0.37) 15.67 (42.35)

0.00 9.50 (11.31) (0.79) (2.88) 20.00 (6.94)

17,618 * (60.62) (5,270) * 83.11 2,514 * 280.33 (1,213)

44,739 0.42 (31,207) (810.06) 661 (81.93) (1,069)

44,550 (8.25) 4,395 (26.73) 3,658 (14.47) (1,326)

48,556 (7.09) 5,998 (71.19) 4,277 (73.68) (736)

0.00 9.15 1.74 (29.91) 0.21 6.56 31.24

0.00 10.71 0.46 (69.75) (0.07) 6.56 (93.71)

0.00 10.39 2.56 9.87 0.38 11.50 30.26

0.02 7.86 3.04 12.35 0.57 11.00 19.30

*Restated

JAMAICA STOCK EXCHANGE

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 BALANCE SHEET (000) No. of Shares issued

2008

2007

2006

563,066

2005 563,066

2004

563,066

1,707,464 0 0 756,208 224,713

1,942,515 0 0 1,214,432 158,032

1,940,215 0 0 684,852 * 340,280 *

PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr. Pre-tax Profit (Loss) % incr. (decr.) over prior yr. Aftertax Profit (Loss) % incr (decr.). over prior yr. Exceptional Items

423,858 95.04 391,409 35.79 361,798 27.25 0

217,316 52.68 288,249 143.76 284,327 140.81 0

142,333 * 63.36 118,251 140.82 118,069 132.14 0

87,128 (45.74) 49,104 (64.33) 50,862 (58.54) 0

160,561 * 69.70 137,672 (17.10) 122,669 (27.91) 0

94,614 (22.76) 166,070 14.44 170,167 26.07 0

IMPORTANT RATIOS Debt/Equity Current Assets ratio Return on Equity Operating Profit (Loss) Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.00 3.37 19.82 92.34 0.64 1.55 2.42

0.00 7.68 14.65 132.64 0.50 2.15 4.30

0.00 2.01 6.28 83.08 0.21 2.00 9.52

0.00 16.58 2.83 56.36 0.09 1.45 16.11

0.00 4.50 6.10 85.74 * 0.22 2.06 9.36

0.00 43.10 7.86 175.52 0.30 3.40 11.33

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

1,822,146 0 0 277,514 16,734

1,771,284 * 0 0 184,016 40,892

563,066 2,251,095 0 0 757,763 17,580

*Restated

JAMAICA STOCK EXCHANGE

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:

ncbinfo@jncb.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans & Advances Investments PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % decr. over prior yr. Aftertax Profit/Loss % decr. over prior yr. Exceptional Item Extraordinary Item Minority Interest IMPORTANT RATIOS Return on equity Asset Growth Deposit Growth Loan Growth Loan & Investment Growth Return on Assets Operating Profit (Loss) Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio *Restated JAMAICA STOCK EXCHANGE

2008

2007

2006

2,466,763

41,015,946 315,096,477 130,331,351 88,178,270 169,113,373

31,312,662 291,153,397 126,099,896 82,169,396 155,849,183

28,554,026 254,183,354 118,518,051 56,525,564 143,977,692

24,589,987 223,138,804 99,026,503 42,219,840 124,619,942

43,721,715 14.17 13,133,635 21.52 10,248,185 17.78 -

38,296,327 16.80 10,808,009 25.76 8,701,173 31.81 -

32,788,172 12.25 8,593,844 24.00 6,601,426 20.32 -

29,209,425 10.88 6,930,554 18.73 5,486,625 22.78 -

28.34 8.22 3.36 7.31 8.10 3.25 30.04 4.16 13.00 3.13

29.07 14.54 6.40 45.37 18.71 2.99 28.22 3.54 20.00 5.65

24.84 13.91 19.68 33.88 20.18 2.60 26.21 2.68 22.40 8.36

23.96 17.23 16.41 17.07 27.94 2.46 23.73 2.23 18.21 8.17

2005 2,466,473

2004 2,466,763

21,213,463 * 16,294,005 190,341,294 * 175,872,017 85,067,749 * 79,862,280 36,064,342 * 34,024,628 94,342,751 * 78,678,717

26,344,282 * 6.18 5,837,435 * 51.22 4,468,542 * 38.92 -

23.83 8.23 6.52 5.99 15.71 2.35 22.16 1.82 18.00 9.89

24,811,710 14.12 3,860,114 11.46 3,216,738 14.70 -

22.06 20.55 14.60 28.88 (7.37) 1.83 15.56 1.30 25.20 19.38 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:

ncbinfo@jncb.com

Financial Data BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Repurchase Agreements Loans & Advances Investments PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % decr. over prior yr. Aftertax Profit/Loss % decr. over prior yr.

IMPORTANT RATIOS Return on equity Asset Growth Repurchase Agreement Growth Return on Assets Operating Profit (Loss) Margin Earnings (Loss) Per Share Closing Stock Price

2009

2008

350,768,080

100,000,000

8,906,596 75,007,234 64,204,165

7,389,860 66,159,875 54,748,155

8,077,086 57,333,833 45,192,234

6,799,588 60,898,832 50,258,040

5,775,975 55,663,935 44,693,530

40,115,038

55,232,163

51,709,984

43,542,614

30,278,084

9,538,851 27.27 2,213,363 223.85 1,714,737 126.94

21.04 13.37 17.27 2.29 23.20 1.42 2.61

7,494,970 1.02 683,454 (66.40) 755,585 (51.78)

2007

7,419,533 (1.31) 2,034,347 31.32 1,566,943 26.82

21.07 (5.85) (10.08) 2.73 27.42 1.30 2.90

9.77 15.39 21.15 1.14 9.12 0.64 2.90

2006

7,517,750 0.01 1,549,104 (32.86) 1,235,540 (35.46)

19.65 9.40 12.45 2.03 20.61 1.02 3.20

2005

2004

7,516,634 2,307,255 1,914,386

3.44 30.70 1.59

*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 & Transfer Agent

Palace Amusement Co. 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:

webmaster@palaceamusement.com info@palaceamusement.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued

2008

2007

2006

2005

2004

1,437

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

244,254 5,068 14,601 123,895 80,025

252,941 328 8,491 139,789 63,747

229,501 4,757 23,760 100,235 56,486

235,438 11,976 40,504 85,109 57,965

244,705 21,487 46,587 104,397 76,930

234,876 33,543 70,783 116,742 96,232

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit (Loss) % incr. (decr.) over prior yr. Aftertax Profit (Loss) % incr (decr.). over prior yr. Extraordinary Item Minority Interests

512,922 6.89 (6,715) (123.69) (5,286) (124.49) 0 (240)

479,866 15.71 28,349 1,340 21,582 486 0 1,189

414,727 16.78 1,969 (120.37) (5,598) (11.81) 0 (94)

355,148 (18.07) (9,666) (231.46) (6,348) (182.76) 0 280

433,499 (15.53) 7,353 (15.65) 7,670 150.33 0 (4,602)

513,225 21.73 8,717 328.35 3,064 (10.57) 0 (28)

IMPORTANT RATIOS Debt\Equity Ratio Current Assets Ratio Return on Equity Operating Profit (Loss) Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.06 1.55 (2.13) (0.01) 3.51 60.00 17.09

0.03 2.19 8.95 0.06 14.19 50.00 3.52

0.10 1.77 (2.41) 0.00 (3.83) 31.45 (8.21)

0.17 1.47 (2.64) (0.03) (4.42) 31.45 (7.12)

0.19 1.36 3.20 0.02 5.34 52.70 9.87

0.30 1.21 1.32 0.02 2.13 68.00 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 & Transfer Agent

Pan Caribbean Merchant Bank Limited 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:

options@gopancaribbean.com

Website:

www.gopancaribbean.com

Telephone Nos:

(876) 929-5583/4; (876) 929-3096

Financial Data

BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments Minority Interest PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Minority Interest IMPORTANT RATIOS Return on equity Return on Assets Deposit Growth Loan Growth Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

2009

2008

2007

2006

2005

2004

547,924

542,876

537,707

514,308

7,907,817 65,245,567 8,782,495 8,653,610 27,487,727 -

7,084,189 63,772,864 7,457,170 8,371,067 25,208,695 -

7,530,930 49,797,164 5,489,757 7,118,412 20,026,884 -

7,204,134 44,739,722 4,476,805 5,474,798 21,395,320 -

6,148,806 39,946,362 4,203,475 5,004,388 16,905,116 * -

5,687,489 * 40,873,827 * 3,422,977 * 3,783,955 * 15,594,050 -

8,871,529 30.18 1,959,266 6.78 1,477,844 7.02

6,814,826 13.06 1,834,829 9.56 1,380,932 13.84

6,027,671 10.70 1,674,736 11.94 1,212,994 9.02

5,445,276 5.06 1,496,122 9.58 1,112,670 11.10 -

5,183,212 * (9.20) 1,365,282 20.71 1,001,505 20.78 -

5,708,549 * 88.12 1,131,082 * 235.02 829,184 * 142.33 -

19.72 2.27 0.18 3.38 22.08 2.70 18.10 6.70

18.90 2.17 0.36 17.60 26.92 2.52 12.00 4.76

16.46 2.44 0.23 30.02 27.78 2.23 20.00 8.97

16.67 2.49 0.07 9.40 27.48 2.06 23.00 11.17

16.92 2.51 0.23 32.25 26.34 1.86 24.30 13.06

23.06 2.03 3.72 238.96 19.81 1.81 34.10 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 & Transfer Agent

Pan Caribbean Merchant Bank Limited 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

173,535

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities Minority Interest

8,933,605 241,924 244,534 982,248 83,299 3,248,427

7,430,746 495,950 497,153 357,173 1,470 2,710,479

7,095,698 * 393,570 411,308 661,709 137,416 2,515,737 *

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Extraordinary/Except. items Minority Interest

1,736,014 9.38 2,115,020 24.43 1,935,133 19.65 539,456

1,587,111 15.47 1,699,803 13.26 1,617,271 17.80 475,024

1,374,526 20.35 1,500,745 * 20.11 1,372,907 * 20.92 381,798

0.03 11.79 23.65 121.83 8.00 36.00 4.50

0.07 242.97 22.27 107.10 6.55 25.00 3.82

BALANCE SHEET (000) No. of Shares issued

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.06 4.82 19.49 109.18 5.69 50.00 8.79

2006

2005

2004

173,535

173,532

173,377

6,991,015 571,263 577,273 612,119 17,092 2,463,379

6,102,785 561,339 * 568,801 * 974,574 * 84,525 * 2,135,302 *

4,289,126 * 141,653 * 577,541 * 1,270,487 * 124,644 1,404,693 *

1,142,106 11.64 1,249,431 5.32 1,135,374 6.01 313,324

1,023,050 * 44.75 1,186,306 * 17.09 1,071,051 * (34.72) 1,626,571 752,801 *

706,746 * (89.20) 1,013,138 * 4.95 * 1,640,607 * 77.10 443,652 *

0.08 35.81 17.34 109.40 4.80 56.50 11.77

0.09 11.53 20.61 115.96 4.53 55.00 12.14

0.13 10.19 45.08 143.35 4.11 * 53.00 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 & Transfer Agent

N.C.B. Jamaica (Nominees) Limited 32 Trafalgar Road, P.O. Box 314, Kingston 10

Principal Activities

Hotel Operators

Website:

www.jamaicapegasus.com

Email:

jmpegasus@cwjamaica.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued

2008

2007

2006

2005 120,166

120,166

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

3,859,417 49,282 92,139 194,514 170,332

3,351,370 45,056 76,977 242,404 135,857

2,857,513 19,995 38,011 259,188 130,390

2,502,296 37,961 54,461 226,180 110,273

PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr. Pre-tax Profit/(Loss) % incr. (decr.) over prior yr. Aftertax Profit/(Loss) % incr. (decr.) over prior yr. Exceptional Item

1,002,775 48.28 80,340 27.16 55,243 41.59 0

738,015 12.09 53,318 95.89 41,080 136.06 0

658,433 11.68 27,218 (39.96) 17,402 (43.30) 0

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

0.02 1.14 1.53 8.01 0.46 15.00 32.61

676,291 (8.36) 63,178 18.49 39,015 (5.03) 0

0.01 1.99 1.53 7.22 0.34 10.50 30.88

0.02 1.78 1.26 9.34 0.32 16.00 50.00

106

0.02 2.05 0.73 4.13 0.14 8.50 60.71

2,288,508 14,448 37,261 166,657 * 85,016 *

2004 120,166 2,014,691 15,413 35,988 193,589 81,123

589,591 9.57 45,330 40.06 30,692 52.58 0

538,073 13.28 32,365 21.55 20,115 2.29 0

0.02 1.96 1.43 7.69 0.26 10.00 38.46

0.02 2.39 1.05 6.01 0.17 9.00 52.94

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 & Transfer Agent

KPMG Regulatory & Compliance 6 Duke Street, Kingston

Financial Data

BALANCE SHEET (000) No. of Shares issued

2009

2008

2007

2006

271,789

253,670

2005

1996 31,549

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

1,707,824 8,047 35,189 1,218,907 113,473

1,484,625 * 10,848 27,951 1,051,256 60,865 *

931,937 13,211 28,507 578,321 41,226

665,793 1,683 25,082 327,160 75,741

550,111 12,200 17,220 186,005 39,598

23,184

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profoit (Loss) % incr. (decr.) over prior yr. Aftertax Profit (Loss) % incr. (decr.) over prior yr.

1,554,791 14.60 223,199 (48.08) 223,199 (48.08)

1,356,745 72.00 429,891 61.53 429,891 61.53

788,792 75.67 266,143 126.41 266,143 126.41

449,011 103.03 117,548 86.57 117,548 86.57

221,158

43,019 58.68 (2,843) (170.18) (2,843) (170.27)

IMPORTANT RATIOS Debt/Equity Current Assets ratio Return on equity Gross (Loss) Profit Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.02 10.74 13.98 14.36 0.80 5.44 6.80

0.02 17.27 35.58 31.69 1.58 6.40 4.05

0.03 14.03 33.32 33.74 1.05 2.00 1.90

0.04 4.32 19.34 26.18 0.88 2.30 2.61

0.03 4.70

JAMAICA STOCK EXCHANGE

108

63,005 63,005

28.49 1.62 2.30 1.42

5,797 20,860 20,299

0.25 1.03 (11.97) (6.61) (0.09) 2.30 (25.56)

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 & Transfer Agent

Jamaica Central Securities Depository Limited 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

webmaster@radiojamaica.com

Financial Data 2009

2008

2007

2006

2005

2004*

351,977

344,977

287,481

943,443 97,224 103,393 514,263 138,308

586,243 * 217,775 221,012 307,353 159,645

988,135 10.54 132,420 * (25.29) 85,172 * (32.77) -

BALANCE SHEET (000) No. of Shares issued

351,977

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

920,516 84,729 99,351 367,382 201,845

1,077,474 60,254 69,403 400,636 189,080

1,061,361 * 85,001 95,340 428,749 * 176,832

997,597 75,731 83,354 385,177 121,638

1,606,553 5.79 (98,827) (250.62) (139,975) (436.31)

1,518,681 * 5.01 65,614 370.18 41,621 228.59

1,446,254 15.88 13,955 (88.90) (32,368) (134.79)

1,248,069 8.64 125,726 (17.63) 93,044 (18.69)

1,148,817 16.26 152,632 15.26 114,436 34.36

0.09 2.42 (3.14) 0.96 (0.08) 4.35 (54.38)

0.08 3.17 9.59 10.07 0.27 5.11 18.93

0.11 3.72 14.96 13.29 0.37 6.20 16.76

PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. Exceptional Items IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

0.11 1.82 (14.01) (6.15) (0.38) 3.00 (7.89)

0.06 2.12 3.89 4.32 0.15 3.15 21.00

0.38 1.93 15.57 13.40 0.29 6.25 21.55

RJRâ&#x20AC;&#x2122;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 Activities

Manufacturers of Instant roasted and ground coffee, roasted whole beans

Website:

www.saladafoodsjamaica.com

Email:

info@saladafoodsjamaica.com

Financial Data 2009

2008

2007

2006

10,388

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

457,138 0 3,447 463,894 57,676

348,943 1,311 7,153 337,502 42,538

273,615 7,211 12,883 266,974 41,458

205,449 12,262 18,034 191,265 34,110

168,524 * 17,266 24,497 157,749 37,486

170,519 22,412 27,715 159,552 46,807

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit (Loss) % incr. over prior yr. Aftertax Profit (Loss) % incr (decr.). over prior yr. Exceptional items Extraordinary items

432,425 9.81 161,838 41.92 108,195 43.63 -

393,802 14.89 114,034 10.89 75,328 10.51 -

342,751 13.15 102,834 83.33 68,166 84.61 -

302,926 12.72 56,093 907.42 36,925 1245.17 -

268,739 7.95 5,568 (84.60) 2,745 (88.61) -

248,951 15.41 36,161 34.68 24,101 44.72 -

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit (Loss) Margin Earnings (Loss) Per Share Closing Stock Price P.E. Ratio

0.01 8.04 26.84 37.43 1.04 7.51 7.22

0.02 7.93 24.20 28.96 0.73 130.00 178.08

0.05 6.44 28.46 30.00 6.56 67.00 10.21

0.09 5.61 19.75 18.52 3.55 26.00 7.32

BALANCE SHEET (000) No. of Shares issued

JAMAICA STOCK EXCHANGE

111

2005

0.15 4.21 1.62 2.07 2.32 22.00 9.48

2004

0.16 3.41 15.21 14.53 2.32 20.00 8.62

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 & Transfer Agent

Scotia Jamaica Investment Management Ltd. 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:

scotiaservice-jm@scotiabank.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued Shareholders' Equity Total Assets Deposits Loans Investments PROFIT & LOSS (000) Turnover % incr. over prior yr Pre-tax Profit % incr. over prior yr. Aftertax Profit % incr. over prior yr. IMPORTANT RATIOS Return on equity Asset Growth Deposit Growth Loan Growth Loan & Investment Growth Return on Assets Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

2008

2007

2006

2005

1996

3,111,573

253,670

47,943,864 315,555,872 141,877,096 92,622,725 74,445,922

39,756,029 280,284,251 130,673,257 89,967,269 55,713,512

36,308,226 263,125,631 131,017,687 77,737,117 60,871,099

27,389,555 199,840,115 113,279,538 60,189,926 47,906,955

550,111 12,200 17,220 186,005 39,598

23,184

47,160,703 22.93 15,379,659 17.23 11,605,459 20.59

38,364,947 21.07 13,119,095 29.03 9,624,057 26.46

31,689,438 17.17 10,167,221 9.14 7,610,060 11.93

27,046,527

221,158

9,315,624

63,005

6,798,908

63,005

43,019 58.68 (2,843) (170.18) (2,843) (170.27)

26.47 12.58 8.57 2.95 14.68 3.68 32.61 3.58 17.87 4.99

25.31 6.52 -0.26 15.73 5.10 3.43 34.20 3.02 20.40 6.75

23.89 31.67 15.66 29.15 28.23 2.89 32.08 2.48 21.03 8.48

112

31,549

0.03 4.70

3.40 34.44 2.32

28.49 1.62 2.30 1.42

5,797 20,860 20,299

0.25 1.03 (11.97) (6.61) (0.09) 2.30 (25.56)

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 & Transfer Agent

Jamaica Central Securities Depository Ltd. 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:

corporate@seprod.com

Financial Data 2009 BALANCE SHEET (000) No. of Shares issued

2008

2007

2006

2005

2004

516,398

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

6,978,352 633,255 798,390 4,367,345 1,156,161

5,875,350 366,302 472,533 3,379,779 871,490

5,255,547 410,094 501,712 2,533,041 599,539

4,423,726 399,145 777,211 1,972,887 781,596

4,113,603 467,434 545,986 1,343,852 521,856

3,499,773 206,358 369,572 1,325,266 424,079

PROFIT & LOSS (000) Turnover % incr. over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Exceptional Items Extraordinary Items

9,495,060 2.56 2,185,901 52.28 1,485,937 58.38 -

9,257,660 49.56 1,435,462 16.23 938,203 (7.38) -

6,189,984 26.74 1,235,069 81.95 1,013,009 119.75 -

4,883,891 23.52 678,786 (26.41) 460,992 (38.55) -

3,953,775 18.14 922,419 38.52 750,180 36.96 -

3,346,651 17.19 665,912 * 28.29 547,717 30.09 -

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

0.11 3.78 23.12 23.02 2.86 18.00 6.29

0.10 4.22 20.93 19.95 1.96 14.04 7.16

0.08 3.88 16.86 15.51 1.82 17.80 9.78

114

0.18 2.52 10.80 13.90 0.89 16.00 17.98

0.13 2.58 19.71 23.33 1.45 16.00 11.03

0.11 3.13 31.30 19.90 1.06 12.15 11.46

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 & Transfer Agent

Jamaica Central Securities Depository 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:

mailbox@svljamaica.com

Financial Data

2009

2008

2007

2006

2005

2004

BALANCE SHEET (000) No. of Shares issued

2,637,255

516,398

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

3,112,916 127,307 292,796 1,559,235 1,144,693

2,946,073 267,803 400,869 1,219,003 1,081,711

2,424,105 375,777 544,970 1,133,557 1,085,322

2,006,777 * 93,222 129,791 * 556,309 746,174

1,713,520 124,808 135,935 869,832 693,760

3,499,773 206,358 369,572 1,325,266 424,079

PROFIT & LOSS (000) 28,167,960 Turnover 32.84 % incr. over prior yr 1,265,884 Pre-tax Profit 14.27 % incr. (decr.) over prior yr. 751,202 Aftertax Profit 16.29 % incr. (decr.) over prior yr. Extraordinary Items

21,204,444 11.92 1,107,833 75.50 645,989 59.35

18,946,913 18.81 631,231 145.84 405,400 145.18

14,350,135

3,346,651 17.19 665,912 28.29 547,717 30.09 -

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price P.E. Ratio

JAMAICA STOCK EXCHANGE

0.09 1.36 24.80 4.49 0.29 2.01 6.93

0.22 1.04 18.30 3.33 0.15 2.40 16.00

0.14 1.13 24.06 5.22 0.24 2.70 11.25

116

15,947,789 11.13 256,767 (10.12) 165,348 (13.06) -

0.06 0.75 8.89 1.61 0.06 1.99 33.17

285,684 190,191 -

0.08 1.25 11.10 1.99 0.18

0.11 3.13 31.30 19.90 1.06 12.15 11.46

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 & Transfer Agent

Trinidad Cement Limited, Southern Main Road, Claxton Bay, Trinidad & Tobago

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:

tclinfo@tclgroup.com

Financial Data 2009

2008

2007

2006

2005

TT$

2004

TT$

249,765

Shareholders' Equity Long Term Liability Gearing Debt Current Assets Current Liabilities

1,459,739 1,619,421 1,652,219 781,547 835,668

1,372,153 1,722,557 1,659,322 833,286 767,898

1,313,735 1,587,466 1,540,236 872,876 591,873

1,158,981 1,443,777 1,405,482 778,614 518,700

1,031,841 1,351,182 1,307,072 782,226 457,850

939,374 983,293 934,355 530,363 393,032

PROFIT & LOSS (000) Turnover % incr. (decr.) over prior yr. Pre-tax Profit % incr. (decr.) over prior yr. Aftertax Profit % incr. (decr.) over prior yr. Minority Interest

1,755,837 (15.36) 84,042 (57.10) 94,281 (39.69) (23,648)

2,074,428 7.88 195,892 (20.28) 156,319 (26.07) (23,648)

1,922,957 11.86 245,726 53.11 211,443 39.32 (23,648)

1,719,002 20.22 160,488 84.90 151,767 (1.30) (6,102)

1,429,834 7.51 86,799 (56.46) 153,767 (16.34) 6,559

1,329,900 15.08 199,348 15.07 183,792 33.97 (21,521)

1.13 0.94 6.66 4.79 0.39 72.00

1.21 1.09 11.64 9.44 0.56 80.00

BALANCE SHEET (000) No. of Shares issued

IMPORTANT RATIOS Debt/Equity Current Assets Ratio Return on Equity Operating Profit Margin Earnings Per Share Closing Stock Price

JAMAICA STOCK EXCHANGE

1.17 1.47 17.10 12.78 0.77 94.00

118

1.21 1.50 13.85 9.34 0.60 84.50

1.27 1.71 15.60 6.07 0.66 105.00

TT$

0.99 1.35 21.08 14.99 0.67 80.00

YEAR BOOK 2009

JAMAICA STOCK EXCHANGE ff i

c ie

nt A n d T r a n

id in g A F a

ck M ark

Best Practices Awards 2008 ”

“P

JSE CORPORATE HIGHLIGHTS 2009

to tS

ro v

i r,

“Providing A Fair, Efficient and Transparent Stock Market”

The Best of The Best Took Centre Stage At The Jamaica Stock Exchange Best Practices Awards Banquet

orporate governance continues to receive a high level of attention worldwide The practice of good corporate governance is central to the health and stability of any economy and is the key to the integrity of corporations, financial institutions and markets. It can be concluded that the collapse of major corporations resulted from their failure to adapt good corporate governance principles and as a result of their shortcomings in this area, it led to a worldwide financial crisis. In order to restore investors' confidence, enhance corporate transparency and accountability, it is important that the best practices of good corporate governance be implemented and practiced. The Jamaica Stock Exchange in its quest to promote good corporate governance among listed companies and brokerage houses, has established the Jamaica Stock Exchange Best Practices Awards.

The Jamaica Stock Exchange Best Practices Awards culminated on December 8, 2009 with a gala banquet at the Jamaica Pegasus Hotel under the theme “Prosperity and growth for 2010”. The theme inspired the creative use of fruit trees in the décor for the event a fitting symbol of growth and prosperity. In addition to its aesthetic appeal, the trees would support the national tree planting drive which in turn, bolsters the country's food security initiatives. In her welcome remarks Mrs. Marlene Street Forrest, General Manager of the Jamaica Stock Exchange told the audience that “the implementation of Best Practice is about challenging ourselves, especially when the tides are rough. It is not about cutting corners when the challenges present themselves. It is about principle and not exigency. I see Best Practices as a culture, as a lived experience that gets easier as we commit to getting it right”. As guest speaker on the topic “Quality, Better quality and Best quality” Associate Professor Dr. Geraldene Hodelin, challenged all companies to attain their best. According to Dr. Hodelin “in an JAMAICA STOCK EXCHANGE

environment where mediocrity abounds and where bad policies and practices are being blamed for some of our current socio-economic woes, it is refreshing to see demonstrable evidence of best practices being undertaken by our local organizations and more importantly, being recognized and hailed publicly…the three imperatives that should always be included in (companies') business mantra are quality, better quality and best quality every time, no matter what. It was then left to the Chairman of the Best Practices Committee, Professor Neville Ying, to speak to the 2008 competition and announce the winners. In his address he stated, “I am proud to be part of the Best Practices Awards Committee whose work over the last five years has enabled this function to grow to become a calendar event. This is now an event to which Listed Companies, Brokerages and other stakeholders look forward to attending, and to share in the success of team work, hard work and dedication. This shows that hard work and dedication is rewarding in the long run”. He then went on to announce the winners for each category. The Best Practices Best Annual Report Award Committee chaired by Mr. Alvaro Casserly, encourages public listed companies to produce comprehensive, more reader-friendly annual reports and to provide greater insight into companies' financial affairs, governance practices and business activities. In the area of Best Annual Report, third place went to JMMB and Sagicor Life Jamaica. The runners up were Scotia DBG Investments and Scotia Group Jamaica Limited. The company to walk away with the winning award in this category was PanCaribbean Financial Services Limited. The Jamaica Stock Exchange Best Practice Corporate Disclosure and Investor Relations Award serves to recognize companies that make timely and accurate reports and announcements to the JSE. This award also encourages them to maintain good investor relations with the wider investing public. This Committee was chaired by Mr. Christopher 119

Bovell. In third place was Scotia Group Jamaica Ltd, with runner up National Commercial Bank. The winner was NCB Capital Markets Limited. The Jamaica Stock Exchange Best Performing Company Award seeks to identify and recognize outstanding performance by listed companies that enhance shareholder value in the areas of return on capital, improved profitability and direct return on shareholdings. The Chairman of this Committee was Dr. Noel Reynolds. In third place was Pulse Investments Limited, the runner up was Carreras Ltd. Montego Free Port was declared the winner. The Best Practices Investor Relations (Stockbrokerage) Award Committee, chaired by Dr. Brian Langrin, recognizes excellence in the services provided by stockbrokerages to investors, and was designed solely for the Brokerage Community. In third place was JMMB Securities Ltd, with runner up Pan Caribbean Financial Services Limited. The winner in this category was First Global Financial Limited. The Jamaica Stock Exchange Best Practices Website Award is divided into two categories; the Jamaica Stock Exchange Website Award for Brokerages and the Jamaica Stock Exchange Best Practices Award for Listed Companies. This category was designed to encourage listed companies and stockbrokerages to raise the quality and efficiency of the dissemination of information to the investing public via their website. The Chairman of this committee was Mr. Errol Anderson. The following companies won awards in the Listed Companies category: Scotia DBG Investments Limited was third place, with runner up Guardian Holdings Limited. Trinidad Cement Limited was declared the winner. In the Brokerages category, in third place was JMMB Securities Ltd with runner up Scotia DBG Investments Limited and the winner NCB Capital Markets Limited. YEAR BOOK 2009

JAMAICA STOCK EXCHANGE

“Providing A Fair, Efficient and 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 FEE (Effective 2010)

Under 40m Over $40m - $90m Over $90m - $150m Over $150m - $250m Over $250m - $500m Over $500m - $1.5b Over $1.5b - $3.0b Over $3.0b - $4.0b Over $4.0b - $7.0b Over $7.0b

$70,421 $140,842 $176,052 $211,264 $352,107 $492,948 $633,792 $915,478 $1,056,321 $1,408,428

SUPPLEMENTARY FEE (Effective 2010) $14,084 $21,126 $26,407 $31,689 $52,816 $70,421 $70,421 $70,421 $70,421 $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 EXCHANGE

“Providing A Fair, Efficient and 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 CAPITALIZATION

INITIAL FEE/ANNUAL FEE (Effective January 2010)

SUPPLEMENTARY FEE (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

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 EXCHANGE

â&#x20AC;&#x153;Providing A Fair, Efficient and Transparent Stock Marketâ&#x20AC;?

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. 2. 3. 4. 5. 6. 7. 8.

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. 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. Ethical standards and responsible decision-making should be promoted. Governance should ensure that there is accurate, timely and full financial and governance reporting with strong internal controls and risk management. Material information regarding the company's operations should be disclosed in a timely manner to the public and regulatory entities. There should be regular reviews of Board and Management performance to enhance effectiveness. Remuneration should be fair to attract and retain competent skills, and reward consistent with performance objectives. The interests of stakeholders should be carefully balanced, protected and promoted.

ISSUES Board Issues Accountability to shareholders/stakeholders

DESCRIPTION/PRINCIPLE The JSE is a public company with public responsibility. It must balance the 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. 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.

Orientation and Training

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 Directorsâ&#x20AC;&#x2122; Biographical Information

Sufficient biographical data with the names of all directors, nominated or 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 memberdealers. 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.

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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 Oversight Committee (RMOC)

The Regulatory and Market Oversight Committee (hereinafter called the â&#x20AC;&#x153;RMOCâ&#x20AC;?) is the Committee of the Board of Directors of the Exchange comprising the 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 Committee

The Compensation Committee of the JSE is made up exclusively of non-executive 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

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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) (b) (c)

The Chairman can serve for five (5) consecutive terms; The Deputy Chairman can serve for three (3) consecutive terms; 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.

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Brokerages & Contact Information BARITA INVESTMENTS LTD. 15 St. Lucia Way, Kingston 5 Phone: 926-2681-2 / 926-2686 Fax: 929-8432 e-mail: barita@cwjamaica.com

M/VL STOCKBROKERS LTD. 2-6 Grenada Crescent, Kingston 5 Phone: 960-1570 / 926-4319 Fax: 960-1571 e-mail: mvl@wtjam.net

SCOTIA DBG INVESTMENTS LTD. 7 Holborn Road, Kingston 10 Phone: 960-6699 / 968-3365 Fax: 960-3984 e-mail: info@scotiadbg.com

NCB CAPITAL MARKETS LTD. 32 Trafalgar Road, 3rd Floor Kingston 10 Phone: 960-7108 Fax: 960-7649 TOLL FREE: 1-888-4-WEALTH e-mail: info@ncbcapitaimarkets.com

JMMB SECURITIES LTD. 11 Knutsford Boulevard, Kingston 5 Phone: 920-5039 / 920-4720 Fax: 960-8106 e-mail: info@jmmbsecurities.com

STOCKS AND SECURITIES LTD. 24-26 Grenada Crescent, Kingston 5 Phone: 929-3261 / 929-3400 Fax: 929-4825 e-mail: info@gostocksandsecurities.com

FIRST GLOBAL FINANCIAL SERVICES LTD. 2 St. Lucia Avenue, Kingston 5 Phone: 926-1275 Fax: 926-1279 / 929-6436 e-mail: fgfs@gkco.com

VICTORIA MUTUAL WEALTH MANAGEMENT LTD. 52 - 60 Grenada Crescent, Kingston 5 Phone: 960-5000 - 3 Fax:960-4972 e-mail: spaimer@vmbs.com

MAYBERRY INVESTMENTS LTD. 1 ½ 0xford Road, Kingston 5 Phone: 929-1908-9 Fax: 929-1501 / 920-2103 e-mail: feedback@mayberryinv.com

CAPITAL & CREDIT SECURITIES LTD. 18 Trafalgar Road, Kingston 10 Phone: 946-1770 Fax: 978-8005 e-mail: info@capital-credit.com

PAN CARIBBEAN FINANCIAL SERVICES LTD. 60 Knutsford Boulevard, Kingston 5 Phone: 929-5583/4 Fax: 926-0555 e-mail: options@gopancaribbean.com

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INDEX TO ADVERTISERS Capital & Credit Security ..................................................................... Carreras Ltd ........................................................................................ COK Sodality Cop ............................................................................... Ernst & Young Services Ltd. ............................................................... First Caribbean International Bank ..................................................... First Global Financial Services ............................................................ FSC ..................................................................................................... Gleaner Company ............................................................................... GraceKennedy .................................................................................... Ideal Portfolio ...................................................................................... Jamaica Broilers Group ....................................................................... JMMB .................................................................................................. Jamaica Stock Exchange ................................................................... Lascelles deMercardo & Co ................................................................ Mayberry Investments Ltd .................................................................. NCB Capital Market ............................................................................ Pan Jamaica Invt Trust Ltd. ................................................................ Pegasus Hotel ..................................................................................... Radio Jamaica Ltd .............................................................................. RE/Max Elite ....................................................................................... Salada Foods ...................................................................................... Scotia Group .... .................................................................................. Seprod Ltd. .......................................................................................... Supreme Venture Ltd .......................................................................... Victoria Mutual Group .........................................................................

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67 70 2 60 75 Back Cover 125 79 Inside Back Cover 29 85 88 134 35 96 100 104 107 110 58 Inside Front Cover 113 115 117 6

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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

Mrs. Rita Humpries-Lewin Mrs. Humphries-Lewin is a past Chairman of the JSE and is the Founder 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 thirtyfive (35) years.

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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. He currently serves on the Board of the Development Bank of Jamaica. Mr. McKie is the Chairman of the Corporate Governance Committee of the JSE.

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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 to make SSL the leading provider of Global Wealth Management solutions to Jamaicans.

Mr. Donovan Perkins Mr. Donovan Perkins is the President & CEO of Pan Caribbean Financial Services Limited (PCFS). In addition to serving on the Boards within Pan Caribbean, Mr. Perkins serves on the Boards of Pan-Jamaican Investment Trust Ltd., First Jamaica Investments Ltd., Jamaica Producers Group Ltd., National Insurance Fund and the National Water Commission. He is an active executive of the financial services community, having served as Vice President of the Jamaica Bankers Association and the Private Sector Organization of Jamaica.

Mr. Croskery previously interned at Prudential Financial, Inc. (now Wachovia Securities) in Miami, Florida on the fixed income desk before going on to being the leading Wealth Manager at National Commercial Bank Capital Markets Ltd. (NCB CM) as well as an Equity Trader. Mr. Croskery serves as a Director on the Sugar Company of Jamaica (SCJ) where he serves on the Finance and Audit Sub-Committee, as a Commissioner on the Jamaica Racing Commission (JRC) where he serves on the Finance and Audit Sub-Committee and on the Island Ice & Beverage Company (Jamaica).

Mr. Allan Lewis Mr. Christopher Williams Mr. Christopher Williams is the Managing Director of NCB Capital Markets Limited. He currently serves as Chairman of the Jamaica Association for the Deaf, Director of the Jamaica College Old Boys Association, Director of the Jamaica College Foundation, and Council Member of the Jamaica Securities Dealers Association. Mr. Williams is also a Director of several NCB subsidiaries, these are: NCB (Cayman) Limited, NCB Investments Limited, NCB Capital Markets (Cayman) Limited and NCB Insurance Company Limited.

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Mr. Allan Lewis is the Senior Vice President, Group Strategy, of the Victoria Mutual Group Limited where he has served for the past 3 years. Prior to this, Mr. Lewis served as Managing Director of Prime Asset Management Limited, where he is currently a Director. Mr. Lewis has had a distinguished career in life insurance and pension fund risk management, asset management, and strategic planning. He achieved the designation Associate of the Society of Actuaries in 1986, and a Masters in Business Administration in 1987. Notwithstanding his professional accomplishments, he is committed to supporting the wider community. His passion for primary and secondary education motivated him to obtain a Masters in Education in 2002. Allan is a member of the Kiwanis Club of North St. Andrew; a mentor for students at the University of the West Indies and as a member of the Board of Directors of the Mona Preparatory School and Foundation

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DIRECTORS AND SENIOR MANAGEMENT PROFILES OF DIRECTORS Mr. Robert Drummond

Mr. Christopher Berry

Mr. Robert Drummond is President of First Global Financial Services Limited (FGFS), the securities trading and asset management subsidiary of GraceKennedy Limited since November 2008. As a former Principal of GK Investments, GraceKennedy's portfolio of financial and retail businesses. Mr. Drummond executed acquisitions and the launch of new businesses.

Mr. Christopher Berry has been the Chairman of Mayberry Investments Limited since 1993. A former Deputy Chairman of the JSE, he sits on several boards, including the Jamaica Central Securities Depository, the Forestry Conservancy, Apex Health Care Associates Limited, Apex Pharmacy Limited, Air Jamaica Limited, Jamaica Public service Company and Planning Institute of Jamaica.

Mr. Drummond's career has included appointments in general management, strategic planning for Fortune 500 companies such as American Express Company, ITT Sheraton Corp and Nike Inc. Additionally, Mr. Drummond has spent several years as a management consultant assisting Caribbean and U.S. companies with strategy implementation and business process improvement. He began his career in public accounting with PricewaterhouseCoopers in New York City.

He has over twenty years experience in the securities industry, having joined Mayberry Investments Limited in 1987 when he was responsible for corporate planning and information technology. He subsequently led the company's listing on the Jamaica Stock exchange in 2005.

He also serves as a member of the Board for First 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

Miss Anya Schnoor Miss Anya Schnoor is the Chief Executive Officer of Scotia DBG Investments Limited and the Senior Vice President of the Scotiabank Group's Wealth Management Division. She is also the President of the Jamaica Securities Dealers Association and has served as the President of the Primary Dealers Association. She is a Director of Scotia DBG Merchant Bank, Scotia DBG Fund Managers and Prime Asset Management Limited. She is also a member of the HEART NTA Finance Committee and sits on Scotiabank Jamaica's ALCO Committee.

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Mr. Julian Mair is the Chief Investment Strategist at Jamaica Money Market Brokers and has over 16 years of experience in the Jamaican financial sector. Mr. Mair has held positions at leading Jamaican financial institutions including Head of Treasury and Investment services at Dehring, Bunting and Golding and Senior Trader and Cambio Manager at JMMB. In addition, Mr. Mair was formerly the Managing Director of Lets Investment Ltd. He is a founding member of the Jamaica Securities Dealers Association. He serves as a Director of JMMB Securities Limited, JMMB International and JMMB BDI America.

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INDEPENDENT MEMBERS OF THE JSE BOARD OF DIRECTORS

Mrs. Jane George Mrs. Jane George assumed the role of Corporate Attorney-at-Law and Head of the Legal Department and Corporate Secretariat of the Lascelles, deMercado Group of Companies in 2001. She is a member of the Law Society of England & Wales and the Jamaican Bar Association.

Miss Dian Black Miss Dian Black is the Director, Securities Management (Debt Management Unit) in the Ministry of Finance & the Public Service. In this capacity she has responsibility for all activities related to the registrar and payments functions for government securities and provides the necessary interface between the JSE and the Government.

Mrs. George, who has approximately 20 years experience and expertise in the legal profession in Jamaica and the United Kingdom, joined the Board of the Jamaica Stock Exchange in 2008. She sits on the Regulatory and Market Oversight Committee and the Conduct Review Committee of the Board.

She is the Chairman of the Audit and Finance Committee of the Board of the JSE.

Mr. Livingstone Morrison Mr. Livingstone Morrison is the Deputy Governor of the Bank of Jamaica with responsibility for Finance and Technology, Payment Systems, Investment and Risk Management.

Mr. Garth Kiddoe Mr. Kiddoe is the former Dean of the Faculty of Business and Management at the University of Technology, Jamaica and previously the Chief Financial Officer at the Jamaica Public Service Company Limited. He is the immediate past President of the Institute of Chartered Accountants of the Caribbean as well as its representative on the Board of Trustees of the Caribbean Court of Justice Trust Fund. He is a Past President of the Institute of Chartered Accountants of Jamaica and of the Jamaica Institution of Engineers. Mr. Kiddoe is the former Chairman of the Audit and Finance Committee of the Board of the JSE.

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Mr. Morrison joined the staff of the Bank of Jamaica in 1982 and worked for several years in the Financial Institutions Supervisory Division. Between 1998 and 2002, Mr. Morrison served as the Division Chief of the Finance and Technology Division, with core responsibilities for strategic management of the accounting, finance, and information and communication technology functions of the Bank. Mr. Morrison is also a Director of the Jamaica Central Securities Depository. 131

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INDEPENDENT MEMBERS OF THE JSE BOARD OF DIRECTORS (Cont’d) Miss Nicole Lambert

Mrs. Marlene Street Forrest

Ms. Lambert is a consummate professional with nineteen years experience in various aspects of the practice of law including commercial and conveyancing transactions, litigation and arbitration proceedings and the administration of pension funds, trusts and estates. Her experience of practice in the Private and Public Sectors, has yielded exceptional technical skills and a unique value-added perspective supported by influential contacts. Ms. Lambert is the holder of a Bachelor of Laws (Upper Second Class Honours) from the University of the West Indies; a Certificate of Legal Education from the Norman Manley Law School; a Diploma in Business Administration from the Institute of Management and Production, Jamaica; and a Master of Laws (Commercial and Corporate Law) from the London School of Economics and Political Science. Ms. Lambert's professional experience is as varied as it is 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.

Mrs. Marlene Street-Forrest is the General Manager of the Jamaica Stock Exchange. Mrs. Street-Forrest has a B.Sc. in Management Studies and an MBA. She has over twenty five years of combined experience in financial and general management. Her mandate as General Manager of the JSE, is to continue the process of developing the Exchange, ensuring that cutting edge technology is used to assist in providing the greatest level of efficiencies in the market. Mrs. Street-Forrest, who is a Justice of the Peace, serves as Secretary of the Board of the JSE and a Director of the Jamaica Central Securities Depository Ltd.

JSE BOARD COMMITTEES 2009/2010 LISTING & STANDARDS COMMITTEE Chairman:Mr. Curtis Martin Mrs. Rita Humphries-Lewin Mrs. Marlene Street-Forrest Mr. Livingstone Morrison

JSE MEMBERSHIP COMMITTEE Chairman:Mr. Livingstone Morrison Miss Dian Black Mr. Garth Kiddoe Mrs. Jane George Miss Nicole Lambert

COMPENSATION COMMITTEE Chairman:Mr. Curtis Martin Mr. Garth Kiddoe Mr. Donovan Perkin Mr. Mark Croskery

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REGULATORY AND MARKET OVERSIGHT COMMITTEE Chairman:Mr. Livingstone Morrison Miss Dian Black Mr. Garth Kiddoe Mrs. Jane George Miss Nicole Lambert AUDIT & FINANCE COMMITTEE Chairman:Miss Dian Black Mr. Garth Kiddoe Mr. Ed McKie (or alternate Dr. Derrick McKoy) Mr. Allan Lewis Mr. Livingstone Morrison Mrs. Jane George Mr. Mark Croskery

CORPORATE GOVERNANCE Chairman:Mr. Garth Kiddoe Mr. Ed McKie (or alternate Dr. D. McKoy) Miss Anya Schnoor Mrs. Marlene Street Forrest EXECUTIVE COMMITTEE Chairman:Mr. Curtis Martin Mr. Christopher Berry Mr. Ed McKie Mr. Julian Mair Mrs. Marlene Street Forrest Mr. Robin Levy

NOMINATING COMMITTEE Chairman:Mr. Curtis Martin Mr. Livingstone Morrison Mrs. Marlene Street Forrest 132

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THE MANAGEMENT TEAM

From left to right: Miss Michelle Sirdar Mrs. Beulah Johnson Mr. Robin Levy Miss Riccalya Robb Mrs. Marlene Street Forrest Miss Josephine Lewis Miss Suzette McNaught Mrs. Doreen Parsons Smith Mr. Wentworth Graham Mrs. Suzette Whyte Mr. Neville Ellis

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Manager, Registrar Services (JCSD) Manager, Equity Operations (JCSD) General Manager, JCSD & Deputy General Manager, JSE Trading Officer General Manager, JSE Manager, Trustee Services (JCSD) Manager, Information Technology & Systems Human Resources Officer Chief Regulatory Officer Accounting Manager Senior Marketing Officer

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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 SERVICES SECTOR

24 –HOUR ACCESS TO COURSES

ON-LINE LIBRARY AND EASILY ACCESSIBLE DATABASES

CONVENIENT AND FLEXIBLE PROGRAMS

EXPERIENCED AND RECOGNIZED LOCAL AND INTERNATIONAL LECTURERS

EXPOSURE TO INTERNATIONAL BEST PRACTICES STANDARDS

PRACTICAL, HANDS-ON HELP

COURSE UNITS: GLOBAL CAPITAL MARKETS AND FINANCIAL TOOLS

UNDERSTANDING AND INTERPRETING JAMAICA'S FINANCIAL REGULATIONS AND LAW

CREDIT RISK MANAGEMENT: LOANS AND BONDS

FOUNDATION COURSES: Secondary Markets, Debt and money markets and the equities markets.

TREASURY MANAGEMENT: ORGANIZATION AND SYSTEMS

FINANCIAL PLANNING AND WEALTH MANAGEMENT

COMPLIANCE, ETHICS AND CORPORATE GOVERNANCE

STRATEGIC PORTFOLIO MANAGEMENT

MARKET RISK AND BACK OFFICE MANAGEMENT

CORPORATE STRUCTURE AND PROCEDURES

MERGERS, ACQUISITIONS AND PRIVATIZATIONS

MASTERING FINANCIAL 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: jseecampus@jamstockex.com

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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

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