by Alika Hepburn Alika Hepburn No Comments

BISX RETURNS TO THE HEART OF DOWNTOWN NASSAU

BISX PRESS RELEASE

For Immediate Release

The Bahamas International Securities Exchange (BISX) is pleased to announce that its offices have moved to their new location in Downtown Nassau. Effective Wednesday, April 1, 2009, BISX’s new address will be on the First Floor of 50 Exchange Place Bay Street, in the heart of Downtown Nassau. BISX’s new location at 50 Exchange Place is the 4 storey building that houses the Bay Street Branch of FirstCaribbean International Bank and is directly opposite John Bull’s Bay Street Branch.

In announcing the move to their new location, Mr. Keith Davies, BISX’s Chief Executive Officer stated, “We are very pleased to be in our new location Downtown, and to be in a building which can appropriately act as our new base of operations for the foreseeable future. It is a pleasure being back in Downtown Nassau in the midst of the financial district.”

Mr. Davies commented on the decision to move back onto Bay Street and into the new premises, “In choosing this location, we reviewed our operational requirements to ensure that our new facility would support our expanded security, filing and technology needs for our new business streams. Before moving into our new office space, we worked diligently with the owners of the property to address all issues, and we would particularly like to thank Lowes Realty for all of their help in assisting us to move into the building.” Mr. Davies also stated that he was quite pleased that the building owners had welcomed the opportunity to rebrand the building as 50 Exchange Place, in recognition of the fact that it will now house The Bahamas’ first and only stock exchange.

The Public should note the new contact information for BISX below:

Bahamas International Securities Exchange

50 Exchange Place, Bay Street

P. O. Box EE-15672, Nassau, Bahamas

Telephone: (242) 323-2330

Facsimile: (242) 323-2320

Email: info@bisxbahamas.com

Website: www.bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

BISX YEAR END STATISTICAL REPORT FOR 2008

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

BISX YEAR END STATISTICAL REPORT FOR 2008

BISX is pleased to announce its annual and quarterly BISX All Share Index and trading statistics for the periods ending December 31, 2008 with comparison to previous periods.

BISX ALL SHARE INDEX

For year ending December 31, 2008, the BISX All Share Index closed at 1712.36, which represented a year to date decrease of 354.39 points or 17.15%, for December 31, 2007 the Index closed at 2066.75 a gain of 390.56 points or 23.30%. The BISX All Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities. As at December 31, 2008 the market was comprised of 24 primary market listings with a market capitalization of $3.30 billion. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt.

For the quarter October 1, 2008 to December 31, 2008; the BISX All Share Index decreased 124.25 points or 6.76%; by comparison during the period October 1, 2007 to December 31, 2007 the index increased by 156.95 points or 8.21%.

COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES

Over the 12 month period January to December 2008, most equity markets have experienced declines as indicated by the chart below:

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

December 31, 2007 49.45 1468.36 6,456.9 2,066.67

December 31, 2008 24.97 903.25 4,434.20 1,712.36

Percentage Change (+/-) -49.45% -38.49% -31.33% -17.15%

TRADING VOLUMES AND VALUES

Trading volume for the year 2008 was 9,623,219 shares for a value of $71,553,233.87. This compares to 2007 when 4,770,270 shares traded hands for a trade value of $28,255,458.87. The Trading volume for 2008 includes a 5 million share trade for a value of $41,000,000 which was carried out in September 2008 for ICD Utilities Limited (ICD). Removing this large transaction from the full year statistics results in a trade volume of 4,623,219 shares and a trade value of $31,553,233.87 for the year 2008.

For the three month period from October to December 2008; 1,031,058 shares traded for a value of $6,948,437.50. During the comparable period of 2007; 819,601 shares traded for a value of $5,889,270.02. The average quarterly volume during the 5 year period October – December 2004 – 2008 was 1,394,377 shares for a trade value of $8,042,306.93.

SHARE VOLUME AND VALUE LEADERS

The top five share trade volume leaders on BISX for the twelve month period ending December 31, 2008 with their contribution to total volume displayed in brackets were:

SYMBOL VOLUME % of VOLUME

ICD 5,095,632 (58.2%)

CBL 1,841,361 (18.5%)

CHL 529,059 (5.5%)

DHS 489,838 (5.1%)

FCL 328,228 (3.4%)

The top five share trade value leaders for the twelve month period ending December 31, 2008 with their contribution to total value displayed in brackets were:

SYMBOL VALUE % of VALUE

ICD $41,609,457.32 (58.2%)

CBL $13,271,272.56 (18.5%)

CAB $3,754,958.50 (5.2%)

CIB $2,469,356.07 (3.5%)

FIN $2,397,791.42 (3.4%)

SHARE PRICE APPRECIATION LEADERS (IN PERCENTAGES)

The top five share price appreciation symbols for the twelve month period ending December 31, 2008 with the percentage gain in their price are detailed below:

SYMBOL OPENING PRICE CLOSING PRICE PERCENTAGE GAIN

CAB $12.05 $14.03 16.43%

DHS $2.35 $2.55 8.51%

FAM $7.20 $7.80 8.33%

AML $1.66 $1.71 3.01%

JSJ $11.00 $11.10 0.91%

For Additional Information Contact

Holland Grant

BISX Listing Manager

Tel: 242-394-2503

Fax: 242-394-2504

Email: info@bisxbahamas.com

Bahamas International Securities Exchange

8 Village Gardens

Village Road & Village Gardens

P. O. Box EE-15672, Nassau, Bahamas

Telephone: (242) 394-2503 Facsimile: (242) 394-2504

Website: www.bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

BISX – January to June 2008 Statistical Report

The Bahamas International Securities Exchange (BISX) is pleased to announce its half year end Index and trading statistics for the period January – June 2008 with comparison to same period 2007.

BISX All Share Index

For the period ending 30 June 2008 the BISX All Share Index closed down 243.78 points or -11.80% for the period closing at 1,822.97. By comparison for the period ending 29 June, 2007, the BISX All Share Index posted an increase of 138.94 or 6.02% to close at 1,815.13. The BISX All Share Index is a market capitalization weighted index comprised of all primary listings actively traded on the Exchange.

As of 30 June 2008 there were 20 BISX listed securities trading with a market capitalization of approx. $3.58 billion. At 30 June 2008, there were 21 listed mutual funds with approximately $300 Million in assets under management.

Trading Volumes and Values

For the period trading volumes decreased when compared with the same period of 2007, however the value of shares traded increased when compared to the same period last year. Trading volume for the period for all issuers listed on BISX was 2,288,160 shares, which totaled a trade value of $15,275,415.25. This represents a decrease in traded volume of 665,711 shares or 22.54% when compared to the half year of 2007’s total volume of 2,953,871, the value of shares traded on BISX increased by $2,114,852.76 or 16.06% when compared to the half year of 2007 where the trade value was $13,160,562.49.

The top five share volume leaders on BISX for the first half of 2008 were:

CBL 724,358 (31.7%)

DHS 347,438 (15.2%)

CHL 247,126 (10.8%)

FCL 196,529 (8.6%)

FIN 135,222 (5.9%)

The top five share value leaders on BISX for the first half of 2008 were:

CBL $5,377,254.81 (35.2%)

CAB $1,797,688.65 (11.8%)

FIN $1,708,472.42 (11.2%)

CIB $1,374,926.72 (9.0%)

FCL $1,027,224.24 (6.7%)

by Alika Hepburn Alika Hepburn No Comments

ROYAL FIDELITY LISTS EQUITIES SUB FUND ON THE EXCHANGE

FOR IMMEDIATE PUBLICATION – WEDNESDAY, JUNE 25, 2008

The Bahamas International Securities Exchange (BISX) is pleased to announce that the Royal Fidelity International Investment Fund Limited, Class A Equities Sub Fund (“the Royal Fidelity Equities Sub Fund”) has successfully completed the BISX Mutual Fund Listing Process and has now been added to the roster of funds listed on the Exchange. The Royal Fidelity Equities Sub Fund is managed by Royal Fidelity Merchant Bank and Trust Limited and is an open-ended sub-fund of the Royal Fidelity International Investment Fund Limited.

The Royal Fidelity Equities Sub Fund is the second offering of international investment products to Bahamians by Royal Fidelity Merchant Bank and Trust Limited. Royal Fidelity is able to offer these international investment products to Bahamians as a result of the Central Bank Exchange Control Liberalization Program which allows BISX Licensed Broker-Dealers to access US$ currency for the specific purpose of creating Bahamian based investment products for local investors. With this latest offering, Bahamians can now choose from 13 unique mutual fund offerings that are listed on the Exchange, including 5 that feature exposure to international securities.

The Royal Fidelity Equities Sub Fund becomes the eleventh listing on the Exchange since December 2007 with nine of these products being available to Bahamians. Speaking on the growth of investment products available to Bahamians, the BISX CEO Keith Davies stated: “In order for our market to expand there must be an emphasis on diversification, both in terms of the actual number of offerings but also on the type or nature of the different offerings. With this latest offering and listing on the Exchange, I believe we are making positive steps in this direction. With the growing variety of investment products now available on the Exchange, investors are more likely to find investment profiles that meet their risk versus return profile and this will lead to more Bahamians becoming active participants in the securities market.”

Royal Fidelity Capital Markets Limited served as the BISX Sponsor Member that brought the Royal Fidelity Equities Sub Fund to the Exchange. Royal Fidelity Merchant Bank and Trust Limited serves as the Investment Manager. The Fund seeks a high total return through a combination of income and capital appreciation by investing in international equity securities, exchange-traded funds, fixed income securities and mutual funds.

Speaking about their latest listing on the Exchange, Mr. Michael Anderson, a director of the Fund noted: “This listing gives Bahamians an opportunity to diversify their portfolio into the international markets without having to go through the investment currency pool. The fund provides the Bahamian investor with the opportunity to invest overseas using professional, time-proven investment managers thus eliminating the need for the Bahamian investor to navigate through a large universe of investment products.”

NOTE: Attached to this Press Release is the BISX Formal Trading Notice for the Royal Fidelity International Investment Fund Limited, Class A Equities Sub Fund. This notice advises the public of the security to be listed on the Exchange and the trading symbol of the listed security.

For additional information, please contact:

Holland Grant

Listings Manager

Tel: 242-394-2503

Fax: 242-394-2504

by Alika Hepburn Alika Hepburn No Comments

BISX LAUNCHES INTERNATIONAL INITIATIVE

For Immediate Distribution – Monday, June 16, 2008

The Bahamas International Securities Exchange (BISX) is launching an innovative initiative with a targeted consortium of global financial services companies to create a new platform focused on unique opportunities in the international capital markets. This joint venture, named BISX GLOBAL, marries product development teams and investment product specialists from around the globe with one of the world’s leading financial jurisdictions.

BISX Global will capitalize on the increased benefits of independently priced and listed products in an environment that delivers significant tax and regulatory advantages. BISX Global will provide the right expertise and support to transform the Bahamas International Securities Exchange from a primarily domestically focused exchange into a premier meeting place for global products and international capital.

For more information on this venture, please contact:

Keith Davies

Chief Executive Officer

The Bahamas International Securities Exchange

Tel: (242) 394-2503

Fax: (242) 394-2504

e-mail: info@bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

FOCOL CLASS B PREFERENCE SHARES LISTED ON THE EXCHANGE

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

FOCOL CLASS B PREFERENCE SHARES LISTED ON THE EXCHANGE

Monday, June 09, 2008

The Bahamas International Securities Exchange announced today that the Freeport Oil Holdings Company Limited (FOCOL) had successfully completed the listing process for their Class B Preference Shares (“Preference Shares”) which are now listed on the Exchange under the symbol FCLB. The Preference Shares have been added to the official roster of securities listed on the Exchange and will trade through the BISX Automated Trading System. The total value of the listing will be $9,143,000, and arises from an offering conducted by FOCOL which ran from April 15 – April 30, 2008.

BISX is now able to list the secondary issues of any BISX listed company, with the FOCOL Class B Shares becoming the first securities to take advantage of this new listing facility. Secondary issues will include any securities issued by a listed company after their public offering, including corporate bonds, warrants and preference shares. The FOCOL Class B Preference Shares will trade over the Exchange abiding by the same trading rules as FOCOL’s ordinary shares.

Speaking about the listing, BISX CEO, Keith Davies noted “FOCOL was one of the original companies to list on BISX back in 2000, and it is fitting that they also took this significant step to become the first company to successfully pursue and achieve a secondary listing on the Exchange. We believe that this is another positive incremental step in the development of our capital markets and a great day for BISX. Now that we are able to list various secondary issues on the Exchange this will no doubt result in many benefits to the holders of these securities as well.”

Speaking further of the advantages to security holders from these securities being listed, Mr. Davies noted: “We see three main benefits to the security holders of listed secondary issues, first there is increased transparency regarding transactions in the listed security, second there is price discovery resulting from the display of all pricing and trading information, and third there is the ability to independently value the securities once they are listed. We see a natural progression towards the listing of secondary issues on the Exchange, both from issuers seeking to attract new and institutional investors, and from investors seeking greater protection and transparency from the centralized trading platform offered by an organized Exchange.”

The BISX CEO also indicated that he expected to list additional secondary issues from other companies in the near future.

NOTE: Attached to this Press Release is the BISX Formal Trading Notice for the FOCOL Class B Preference Shares. This notice advises the public of the security to be listed and the trading symbol of the listed security.

For additional information please contact:

Holland Grant, Listings Manager, BISX

Telephone: (242) 394-2503 / Facsimile: (242) 394-2504

Bahamas International Securities Exchange

8 Village Gardens

Village Road & Village Gardens P. O. Box EE-15672, Nassau, Bahamas Telephone: (242) 394-2503 Facsimile: (242) 394-2504 Email: info@bisxbahamas.com Website: www.bisxbahamas.comTrading_Notice_FCLB

by Alika Hepburn Alika Hepburn No Comments

BISX – January to March 2008 Statistical Report

The Bahamas International Securities Exchange (BISX) is pleased to announce its end of quarter BISX All Share Index and trading statistics for the period January – March 2008 with comparison to the same period 2007.

BISX All Share Index

For the quarter ending March 31, 2008 the BISX All Share Index closed down 103.35 points or 5%. By comparison for the quarter ending 30 March, 2007 the BISX All Share Index closed up 105.04 points or 6.02% for the quarter closing at 1,781.23.

The BISX All Share Index is a market capitalization weighted index comprised of all primary listings actively traded on the Exchange. As at 31 March 2008 the market was comprised of 19 listings with a market capitalization of B$3.78 billion.

Trading Volumes and Values

Trading volume for the quarter for all issuers listed on BISX was1,196,953 shares which totaled a trade value of $7,565,752.45. This represents an increase in traded volume of 434,202 shares or 57% when compared to Q1 2007’s total volume of 761,953, the value of shares traded on BISX decreased by $1,684,802 or 18.21% when compared to Q1 2007 where the trade value was $9,250,554.

The top five share volume leaders on BISX for the first quarter of 2008 were:

CBL 466,554 (39.0%)

DHS 258,338 (21.6%)

FCL 122,589 (10.25%)

AML 73,510 (6.15%)

CIB 60,678 (5.07%)

The top five share value leaders on BISX for the first quarter of 2008 were:

CBL $3,513,947.60 (46.45%)

CIB $841,574.72 (11.12%)

FCL $633,615.50 (8.37%)

DHS $628,229.95 (8.30%)

CAB $545,425.15 (7.21%)

Attachments

by Alika Hepburn Alika Hepburn No Comments

BISX Lists the RP Hedge Fund Limited

FOR IMMEDIATE PUBLICATION – Monday, April 14, 2008

The Bahamas International Securities Exchange (BISX) is pleased to announce that the RP Hedge Fund Limited (RP Hedge Fund) has successfully completed the BISX Mutual Fund Listing Process and has now been added to the roster of funds listed on the Exchange. The RP Hedge Fund is managed by RP Capital Management Ltd. and is an open-ended, investment company that seeks capital appreciation for investors.

The listing of the RP Hedge Fund Limited adds another international fund listing on the Exchange and continues the expansion of BISX’s Mutual Fund Listing Facility. According to Keith Davies, BISX CEO, “We wish to welcome the RP Hedge Fund Limited to our family of listed issuers. We see this and the other listings we have been able to process this year as positive incremental steps in the development of our market, and from my vantage point, it’s also a pretty good way to start the second quarter of 2008.”

The RP Hedge Fund becomes the ninth fund listed on the Exchange since December 2007. Speaking on this growth in listings, Mr. Davies noted: “We have focused on bringing a value-added product to issuers seeking a listing on BISX. One of the ways that we went about this was benchmarking the time required to complete each aspect of the listing process. As a result of this exercise we have introduced more efficient procedures and processing techniques that enable us to list funds more swiftly, as well as simplify the listing process for our issuers.”

The RP Hedge Fund is the second fund brought to BISX by Credit Suisse, Nassau Branch as a BISX licensed Sponsor Member. Commenting on his company’s role as a BISX Sponsor Member, Michael Ranson of Credit Suisse, Nassau Branch – Wealth Management, stated, “Credit Suisse, Nassau Branch is pleased to continue to support BISX as a Sponsor Member and values our close working relationship with BISX in connection with our sponsorship and related listing activities.” Credit Suisse, Nassau Branch also serves as the Administrator of The RP Hedge Fund.

Commenting generally on the prospects for the BISX Mutual Fund Listing Facility for the remainder of 2008, Mr. Davies stated, “BISX has successfully managed its resources to deliver a quality product to both local and international issuers. We are pleased with the steady flow in inquiries that we are receiving regarding prospective listings on the Exchange, and now we must work even harder to turn these inquiries into actual listings. The market is responding very positively to BISX’s efforts in the mutual fund industry, and we are satisfied that the plans we are executing are creating value added solutions for the entire industry.”

NOTE: Attached to this message is the BISX Formal Trading Notice for the RP Hedge Fund Limited. This notice advises the public of the security to be listed on the Exchange and the trading symbol of the listed security.

For additional information contact: Holland Grant, BISX Listing Manager, Tel: 242-394-2503, Fax: 242-394-2504