Author: Alika Hepburn

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

JANUARY TO MARCH 2016 STATISTICAL REPORT

BISX is pleased to announce its BISX All-Share Index and trading statistics for the three-month period ending March 31, 2016 with comparison to the same period of 2015.

BISX ALL SHARE INDEX

For the three-month period ending March 31, 2016 the BISX All-Share Index closed at 1,873.96. This represents a year to date increase of 50.01 or 2.74%. By comparison for the three-month period ending March 31, 2015 the BISX All-Share Index closed at 1,673.85. That increase was a year to date increase of 45.88 or 3.12%. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at March 31, 2016 the market was comprised of 20 ordinary shares with a market capitalization of $3.78 Billion. In addition, there were 13 preference shares with a market capitalization of $327 million and 16 bonds with a face value of $505 Million.

COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES

Over the three-month period January 1 to March 31, 2016, some international equity markets have experienced increases as indicated by the chart below:

Closing Date * MSCI Emerging Market Index1 * S&P 500 Index2 * FTSE 100 Index3 *BISX All Share Index *

Dec 31, 2015 * 794.139 * 2,043.94 * 6,242.30 * 1,823.95 *

Mar 31, 2016 * 836.803* 2,059.74 * 6,174.90 * 1,873.96 *

Percentage Change(+/-)* 5.37% * 0.77% * -1.08% * 2.74% *

TRADING VOLUMES AND VALUES

Trading volume for the three-month period January 1, 2016 to March 31, 2016 was 899,125 shares for a value of $7,337,429.70. By comparison, trading volume for the three-month period January 1, 2015 to March 31, 2015 was 598,987 shares for a value of $4,157,775.32.

AVERAGE DAILY VOLUME AND VALUE

For the three-month period from January 1, 2016 to March 31, 2016, the average volume per trading day was 14,457 shares for a value of $118,279.57. By comparison, for the three-month period from January 1, 2015 to March 31, 2015, the average volume per trading day was 9,619 shares for a value of $67,089.49

Month * Avg. volume / trading day (2016)* Avg. volume / trading day (2015) Avg. value / trading day (2016) Avg. value / trading day (2015)*

January * 11,672 * 6,176 * $114,183.37* $37,290.51 *

February * 21,979 * 11,754 * $162,333.08 * $97,775.11 *

March * 9,720 * 10,927 * $78,322.27 * $66,202.86 *

Average for period *14,457 * 9,619 * $118,279.57 * $67,089.49 *

SHARE VOLUME AND VALUE LEADERS (THREE MONTH PERIOD)

The top five share volume leaders on BISX for the three-month period January 1, 2016 to March 31, 2016 with their contribution to total traded volume displayed as a percentage were:

SYMBOL* TRADE VOLUME * % OF VOLUME *

FCL* 267,081 * 2 9.7% *

CHL* 204,609 * 22.8% *

CBL* 148,941 * 16.6% *

FIN * 108,246 * 12.0%

FCLB * 50,000 * 5.6% *

The top five share value leaders for the three-month period January 1, 2016 to March 31, 2016 with their contribution to total traded value displayed as a percentage were:

SYMBOL * TRADE VALUE * % OF TRADE VALUE *

FCL * $1,715,468.00 * 23.4% *

CBL * $1,175,011.87 * 16.0% *

FIN * $1,167,206.00 * 15.9% *

CHL* $1,142,712.86 * 15.6% *

BG0107 * $500,000.00 * 6.8% *

For Additional Information Contact:

Elude Michel-Sturrup

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

1 The MSCI Emerging Markets Index is a free float-adjusted market capitalization index designed to measure equity market performance of emerging markets. http://www.mscibarra.com/index.jsp

2 Standard &Poor’s (S&P) 500 Index is a market capitalization weighted index made up of 500 large cap U.S. companies. www.standardandpoors.com

3 The FTSE 100 Index is a market capitalization index representing the performance of 100 of the largest UK domiciled companies. www.ftse.com

Bahamas International Securities Exchange Suite 201 Fort Nassau Centre British Colonial Hilton, Bay Street P. O. Box EE-15672, Nassau, Bahamas

Telephone: (242) 323-2330

Facsimile: (242) 323-2320

Email: info@bisxbahamas.com

Website: www.biisxbahamas.com

Publication Date: 3 May 2016