by Alika Hepburn Alika Hepburn No Comments

BISX Moves To Cancel Listing Of Freeport Concrete Company Limited

For Immediate Release – Wednesday, July 07, 2010

The Bahamas International Securities Exchange (BISX) wishes to announce to the public that the BISX Listing Committee has made the determination to cancel the listing of Freeport Concrete Company Limited (FCC) from its roster of Listed Issuers. The decision of the BISX Listing Committee was made in accordance with the BISX Listing Rules Section 6: Subsection 2.4(1)(iv). Pursuant to the Securities Industry Act, 1999, the Securities Commission of The Bahamas (the Commission) has been formally notified of the BISX Listing Committee’s decision.

The decision of the BISX Listing Committee will become effective on Wednesday, July 28, 2010 following a 14 business day notice and response period afforded to FCC, unless postponed by the Commission. Pursuant to the BISX Rules, BISX has provided notice to FCC of the decision to cancel the listing and an opportunity to respond to the actions taken by the BISX Listing Committee.

In addition to this press release, BISX will provide public notice of this determination on the BISX website, and this Notice will remain posted on the BISX website until the cancellation of listing is effective.

For additional information from BISX, please contact:

Mr. Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS LISTS US$300 MILLION BOND NOTES ON BISX

PRESS RELEASE – FOR IMMEDIATE PUBLICATION

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS SUCCESSFULLY LISTS US$300 MILLION BOND NOTES ON THE BAHAMAS INTERNATIONAL SECURITIES EXCHANGE (BISX)

Friday, June 18, 2010

The Bahamas International Securities Exchange (BISX) announced today that the Government of The Commonwealth of The Bahamas has successfully completed the secondary listing process for its US$300 Million 6.950% Notes due 2029 (“the Notes”). As a result, the Notes have been added to the roster of securities listed on the Exchange. The Notes will be listed on BISX under the symbol BAH29.

The Notes will maintain a Secondary Listing status on the Exchange, with the primary listing for the Notes being on the Luxembourg Stock Exchange, therefore, the Notes will not trade over BISX. As is customary with Secondary Listings, the primary responsibility for regulatory reporting matters will rest with the Luxembourg Stock Exchange.

Ian Fair, BISX’s Chairman commented on the Government listing stating, “This is a very positive move on the part of the Government and we are grateful for their support of BISX. This is a goal we have had for a long time and is another milestone achieved in our development”

Speaking about the listing Keith Davies, the BISX Chief Executive noted: “We believe that this is a very positive step for the Exchange, we have a long held belief that Bahamas Government Registered Stock (BGRS) should be listed on what is effectively the national stock exchange of The Bahamas.”

This listing also represented the first BISX listing to take place under Section 9 of the BISX Rules – Secondary Listings. Speaking about the Secondary Listing Facility of BISX, Mr. Davies noted: “I believe that our Secondary Listing Facility is an interesting option for a certain type of security, specifically securities that are listed on another exchange but that wish to retain ties to The Bahamas. Securities listed in this fashion would be primarily regulated by their primary exchange, the securities would not be traded over the exchange, rather BISX would report the securities’ closing price from their primary listed exchange.”

Mr. Davies went on to note: “One of the things that we have tried to develop at BISX is offering a variety of listing options that meet the varied needs of issuers in our market. We are excited by this first ever debt listing by the Government of The Commonwealth of The Bahamas, and we eagerly await the day when all Bahamian Government debt is listed and traded in The Bahamas on BISX.”

NOTE: Attached to this message is the BISX Formal Notice for the Government of The Commonwealth of The Bahamas Notes. This notice advises the public of the securities to be listed on the Exchange and the symbol of the listed securities.

For Additional Information Contact:

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

BISX Increases Its International Presence Through an International Recognition

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

The Bahamas International Securities Exchange (BISX) is pleased to announce that with effect from April 19, 2010 BISX has been designated by the United Kingdom’s HM Revenue and Customs (HMRC) as a “recognised stock exchange” under section 1005 (1) (b) of the Income Tax Act 2007. As a result of this development, securities admitted to trading and listed on BISX will meet the HMRC interpretation of ‘listed’ as set out in Section 1005 (3) (a) and (3) (b) Income Tax Act 2007. Under this designation, BISX will also be regarded as a recognised stock exchange for Inheritance Tax purposes.

BISX attained this designation after undergoing a rigorous application process that involved the Exchange satisfying HMRC that BISX met the requirements set out by HMRC in order to be designated as a recognised stock exchange. Speaking about the designation of BISX, BISX Chairman, Ian Fair noted: “I am very pleased that BISX has satisfied the requirements of HMRC in order to be designated as a recognised stock exchange. I believe that this is a significant achievement for BISX that sends a strong message to the international community that BISX is an organization that maintains rules, operating procedures and standards that are acceptable to the international community.”

The BISX Chief Executive Officer, Keith Davies also commented on the HMRC designation stating, “May 2010 marked the tenth year of market operations for BISX and our Company continues to make positive strides in the development of capital markets in The Bahamas. We realize that no stock exchange operates in a vacuum, therefore, it is important to ensure that your regulatory regime remains acceptable both within and outside of your jurisdiction.”

Mr. Davies continued by stating, “BISX is also presently pursuing other international recognitions that we believe will add value to the Exchange and to our membership, and we will continue to keep the Bahamian capital markets informed as we add new recognitions that may assist the country in remaining internationally competitive.”

The BISX CEO also explained that the HMRC designation as a recognised stock exchange will permit the Exchange to attract new business streams in the form of mutual fund listings and other specialized product listings that would benefit from being listed on an Exchange with the HMRC designation.

To view a copy of the HMRC announcement, please visit:

http://www.hmrc.gov.uk/fid/bis-news.htm

For additional information from BISX, please contact:

Mr. Holland Grant, BISX

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

BISX January to March 2010 Statistical Report

FOR IMMEDIATE PUBLICATION

JANUARY TO MARCH 2010 STATISTICAL REPORT

BISX is pleased to announce its BISX All-Share Index and trading statistics for the three month period ending March 31, 2010 with comparison to the same period of 2009.

BISX ALL SHARE INDEX

For the three month period ending March 31, 2010 the BISX All-Share Index closed at 1,596.62. This represents a year to date increase of 31.24 or 2.00%. By comparison, for the three month period ending March 31, 2009, the Index experienced a decrease of 103.35 or -5.00%. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at March 31, 2010 the market was comprised of 24 primary market listings with a market capitalization of $3.079 Billion. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt.

COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES

Over the 3 month period January to March 31 2010, most equity markets have experienced increases as indicated by the chart below:

Closing Date MSCI S&P 500 FTSE 100 BISX All Share

December 31, 2009 1,010.334 1,115.10 5,412.88 1,565.32

March 31, 2010 989.469 1,169.43 5,679.64 1,596.62

Percentage Change (+/-) 2.1% 4.9% 4.9% 2.0%

MSCI refers to the MSCI Emerging Market Index

S&P 500 refers to the S&P 500 Index

FTSE 100 refers to the FTSE 100 Index

BISX All Share refers to the BISX All Share Index

TRADING VOLUMES AND VALUES

Trading volume for the three month period ending March 31, 2010 was 6,673,918 shares for a value of $85,392,191.13. The trading volume for the three month period ending March 31, 2010 includes a 5,954,600 share trade in Cable Bahamas Limited (CAB) for a value of approximately $80,000,000 which was carried out in January 2010. Removing this transaction from the Q1, 2010 statistics results in 719,318 shares trading for a value of $5,421,913.13. By comparison, trading volume for the three month period ending March 31, 2010 of 2009 was 618,337 shares for a value of $3,354,864.49. Excluding the CAB trade, trading volume for Q1, 2010 increased by 100,981 shares or 16.3% over the same period of 2009, the value of shares traded for the Q1, 2010 period increased by $2,067,048.64 or 61.6%.

AVERAGE DAILY VOLUME AND VALUE

For the three month period ending March 31, 2010, excluding the CAB transaction, the average daily trading volume was 10,924 shares which equaled an average daily trading value of $84,460. During this three month period; March 2010 saw the highest average daily trading volume and value with 18,226 shares and $90,706 trading, respectively. By comparison, the three month period ended March 31, 2009 saw an average daily trading volume of 9,815 shares which equaled an average daily trading value of $53,251.

Month Avg. Vol. (2010) Avg. Vol. (2009) Avg. Val. (2010) Avg. Val. (2009)

January 9,182 13,390 $82,195 $67,447.05

February 5,365 5,309 $80,480 $34,372.94

March 18,226 10,498 $90,706 $56,864.44

Average for quarter 10,924 9,815 $84,460 $53,251.82

SHARE VOLUME AND VALUE LEADERS

The top five share volume leaders on BISX for the three month period ending March 31, 2010 with their contribution to total traded volume displayed in brackets were:

SYMBOL TRADE VOLUME % OF VOLUME

CAB 5,977,251 (89.6%)

FCLB 196,773 (2.9%)

FCL 167,204 (2.5%)

AML 89,734 (1.3%)

CWCB 84,668 (1.3%)

The top five share value leaders for the three month period ending March 31, 2010 with their contribution to total traded value displayed in brackets were:

SYMBOL TRADE VALUE % OF TRADE VALUE

CAB $80,232,706.59 (94.0%)

FBB15 $1,751,000.00 (2.1%)

CBL $1,127,458.37 (1.3%)

FCL $939,717.21 (1.1%)

CIB $382,337.11 (0.4%)

For Additional Information Contact

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com