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