by Alika Hepburn Alika Hepburn No Comments

BISX 2011 Annual Summary

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

JANUARY TO DECEMBER 2011 STATISTICAL REPORT

BISX is pleased to announce its BISX All-Share Index and trading statistics for the twelve month period ending December 31, 2011 with comparison to the same period of 2010.

BISX ALL SHARE INDEX

For the twelve month period ending December 31, 2011 the BISX All-Share Index closed at 1,364.99 this represents a year to date decrease of 134.52 or 8.97%. By comparison for the year ending December 31, 2010, the BISX All-Share Index closed at 1,499.51. This represented a year to date decrease of 65.87 or 4.21%. For the three month period from October 1 to December 31, 2011, the Index experienced a decrease of 11.15 or 0.81% from 1,376.14 to 1,364.99. By comparison, for the three month period from October 1 to December 31, 2010, the Index experienced a decrease of 17.26 or 1.14% from 1,516.77 to 1,499.51. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at December 31, 2011 the market was comprised of 25 primary market listings with a market capitalization of $2.905 Billion. The primary market securities traded over BISX includes 19 common share listings, 2 preference share listing and 4 tranches of debt.

COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES

Over the 12 month period January 1 to December 31, 2011, many international equity indices 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

Dec 31, 2010

1,151.38

1,257.64

5,899.90

1,499.51

Dec 30, 2011

916.387

1,257.60

5,572.30

1,364.99

Percentage Change (+/-)

-20.41%

0.00%

-5.55%

-8.97%

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

TRADING VOLUMES AND VALUES

Trading Volume for the twelve month period ending December 31, 2011 was 2,899,465 shares for a value of $15,015,550.70. For the three month period from October 1 to December 31, 2011, 840,608 shares traded for a value of $5,179,938.36.

By comparison, trading volume for the twelve month period ending December 31, 2010 was 10,859,846 shares for a value of $110,226,124.06. The trading volume for the twelve month period ending December 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 as well as a 1,073,917 share trade in ICD Utilities Limited for a value of approximately $8,000,000 which was carried out in December 2010.
Removing these block trades from the twelve month trading statistics results in 3,831,329 shares trading for a value of $22,308,861.06. For the three month period from October 1 to December 31, 2010 a total of 2,079,704 shares traded for a value of $13,854,125.63.

AVERAGE DAILY VOLUME AND VALUE

For the twelve month period ending December 31, 2011 average daily trading volume was 11,451 shares for an average daily trading value of $59,674. During this period, December saw the highest daily trading volume and value with 20,881 shares trading for $131,707. By comparison, for the twelve month period ending December 31, 2010, excluding the CAB and ICD transactions, the average daily trading volume was 15,234 shares which resulted in an average daily trading value of $89,019.44. During this twelve month period, April 2010 saw the highest average daily trading volume and value with 48,775 shares and $283,409 trading, respectively.

Month – Avg. vol. / day (2011)- Avg. vol. / day (2010) – Avg. val. / day (2011)- Avg. val. / day (2010)

January – 6,505 – 9,182 – $29,299 – $82,195

February – 8,122 – 5,365 – $47,704 – $80,479

March – 15,208 – 18,226 – $74,728 – $90,705

April – 18,379 – 48,775 – $113,986 – $283,408

May – 4,510 – 8,763 – $21,907 – $64,839

June – 7,865 – 12,158 – $51,941 – $50,088

July – 3,346 – 14,936 – $16,246 – $81,520

August – 18,799 – 11,430 – $56,717 – $36,721

September – 15,014 – 6,657 – $59,892 – $21,813

October – 5,585 – 17,535 – $24,562 – $87,493

November – 13,200 – 11,038 – $87,403 – $77,876

December – 20,881 – 18,739 – $131,707 – $111,089

Average for 12 month period – 11,451 – 15,234 – $59,674 – $89,019

SHARE VOLUME AND VALUE LEADERS (TWELVE MONTH PERIOD)

The top five share volume leaders on BISX for the twelve month period ending December 31, 2011 with their contribution to total traded volume displayed as a percentage were:

SYMBOL – TRADE VOLUME – % OF VOLUME

CBL – 1,006,022.00 – 34.7%

AML – 386,188.00 – 13.3%

CHL – 303,702.00 – 10.5%

BOB – 220,406.00 – 7.6%

FCLB – 199,732.00 – 6.9%

The top five share value leaders for the twelve month period ending December 31, 2011 with their contribution to total traded value displayed as a percentage were:

SYMBOL – TRADE VALUE – % OF TRADE VALUE

CBL – $ 6,777,379.09 – 45.1%

CAB – $ 1,307,301.12 – 8.7%

BOB – $ 1,154,863.13 – 7.7%

FIN – $ 1,055,540.75 – 7.0%

FCL – $ 1,015,927.09 – 6.8%

SHARE VOLUME AND VALUE LEADERS (THREE MONTH PERIOD)

The top five share volume leaders on BISX for the three month period from October 1 to December 31, 2011 with their contribution to total traded volume displayed as a percentage were:

SYMBOL – TRADE VOLUME – % OF VOLUME

CBL – 475,179 – 56.5%

FIN – 89,223 – 10.6%

CHL – 67,962 – 8.1%

BOB – 64,448 – 7.7%

CAB – 54,068 – 6.4%

The top five share value leaders for the three month period from October 1 to December 31, 2011 with their contribution to total traded value displayed as a percentage were:

SYMBOL – TRADE VALUE – % OF TRADE VALUE

CBL – $ 3,143,868.16 – 60.7%

CAB – $ 454,703.96 – 8.8%

FIN – $ 431,672.48 – 8.3%

BOB – $ 266,404.48 – 5.1%

FBB15 – $ 188,000.00 – 3.6%

For Additional Information Contact:

Holland Grant

BISX

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

Bahamas International Securities Exchange

Suite 201 Fort Nassau Centre

British Colonial Hilton

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

by Alika Hepburn Alika Hepburn No Comments

BISX PRESS RELEASE – NEW BISX OFFICE LOCATION

For Immediate Release

The Bahamas International Securities Exchange (BISX) is pleased to announce that its offices will be moving to a new location. Effective Monday, January 30, 2012, BISX’s new office address will be the Fort Nassau Centre, Suite 201, 2nd Floor, of the British Colonial Hilton. This office formerly housed the law offices of Lennox Paton. 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, which is not only more accessible to visitors but is also convenient to the heart of the City of Nassau. I would like to thank the hardworking BISX Staff that allowed this relocation to take place seamlessly.” The Public should note the new contact information for BISX below.

For additional Information contact:

Elude Michel-Sturrup

Bahamas International Securities Exchange

Fort Nassau Centre, Suite 201

British Colonial Hilton

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 Q3, 2011 Statistical Report

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

JANUARY TO SEPTEMBER 2011 STATISTICAL REPORT

BISX is pleased to announce its BISX All-Share Index and trading statistics for the nine month period ending September 30, 2011, with comparison to the same period of 2010.

BISX ALL SHARE INDEX

For the nine month period ending September 30, 2011 the BISX All-Share Index closed at 1,376.14. This represents a year to date decrease of 123.37 or -8.23%. By comparison for the nine month period ending September 30, 2010 the BISX All-Share Index closed at 1,516.77. This represented a year to date decrease of 48.61 or -3.11%.

For the three month period from July 1, 2011 to September 30, 2011, the All-Share Index declined by 34.44 or -2.44%. By comparison for the three month period from July 1 to September 30, 2010, the Index experienced an increase of 11.96 or 0.8% from 1,504.81 to 1,516.77. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at September 30, 2011 the market was comprised of 24 primary market listings with a market capitalization of $2.896 Billion. The primary market securities traded over BISX includes 19 common share listings, 1 preference share listing and 4 tranches of debt. At September 30, 2010 the market was comprised of 23 primary market listings with a market capitalization of $2.938 Billion.

COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES

Over the 9 month period January 1 to June 30, 2011, some international equity markets have experienced decreases as indicated by the chart below:

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

Dec 31, 2010
1,151.38
1,257.64
5,899.90
1,499.51

Sept. 30, 2011
880.434 1,131.42
5,128.50
1,376.14

Percentage Change (+/-) -23.53% -10.04% -13.07% -8.23%

TRADING VOLUMES AND VALUES

Trading volume for the six month period ending June 30, 2011 was 2,058,857 shares for a value of $9,835,612.34. By comparison, trading volume for the nine month period ending September 30, 2010 was 8,780,142 shares for a value of $96,371,998.43. The trading volume for the nine month period ending September 30, 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 2010 nine month trading statistics results in 2,825,542 shares trading for a value of $16,401,720.43.

For the period, July 1, 2011 to September 30, 2011, 810,822 shares traded for a value of 2,890,317.16. For the three month period from July 1, 2010 to September 30, 2010 700,154 shares traded for a value of $2,962,987.46.

AVERAGE DAILY VOLUME AND VALUE

For the nine month period ending September 30, 2011 the average daily trading volume was 10,861 shares which resulted in an average daily trading value of $52,491. During this nine month period, August 2011 saw the highest average daily trading volume with a daily average of 18,379 shares trading while April saw the highest average daily trading value with $113,986 per day. For the nine month period ending September 30, 2010, excluding the CAB transaction, the average daily trading volume was 15,055 shares which resulted in an average daily trading value of $87,974.76. During this nine month period, April 2010 saw the highest average daily trading volume and value with 48,775 shares and $283,409 trading, respectively. During the three month period from July 1, 2011 to September 30, 2011, the average volume per trading day was 12,387 shares for a value of $44,285. By comparison, for the three month period from April 1, 2010 to June 30, 2010, the average volume per trading day was 11,008 shares for an average value of $46,685.

Month
Avg. volume / trading day (2011)
Avg. volume / trading day (2010)
Avg. value / trading day (2011) Avg. value / trading day (2010)

January 6,505
9,182
$29,299 $82,195

February
8,122
5,365
$47,704 $80,480

March
15,208
18,226
$74,728 $90,706

April
18,379
48,775
$113,986
$283,409

May 4,510
8,763
$21,907 $64,839

June
7,865
12,158
$51,941 $50,089

July
3,346
14,936
$16,246 $81,520

August
18,799
11,430
$56,717 $36,721

September
15,014
6,657
$59,892 $21,813

Average for period
10,861
15,055
$52,491 $87,975

SHARE VOLUME AND VALUE LEADERS (NINE MONTH PERIOD)

The top five share volume leaders on BISX for the nine month period ending September 30, 2011 with their contribution to total traded volume displayed as a percentage were:

SYMBOL
TRADE VOLUME
% OF VOLUME

CBL 530,843 25.8%

AML 346,026 16.8%

CHL 235,740 11.5%

FCLB
192,232 9.3%

BOB 155,958 7.6%

The top five share value leaders for the nine month period ending September 30, 2011 with their contribution to total traded value displayed as a percentage were:

SYMBOL
TRADE VALUE % OF TRADE VALUE

CBL
$ 3,633,510.93
36.9%

BOB
$ 888,458.65
9.0%

CAB
$ 852,597.16
8.7%

FCL
$ 851,303.90
8.7%

FIN
$ 623,868.27
6.3%

SHARE VOLUME AND VALUE LEADERS (THREE MONTH PERIOD)

The top five share volume leaders on BISX for the three month period July 1, 2011 to September 30, 2011 with their contribution to total traded volume displayed as a percentage were:

SYMBOL
TRADE VOLUME
% OF VOLUME

AML
194,012
23.9%

FCLB
173,332
21.4%

CHL
97,298
12.0%

CBL
84,082
10.4%

FCL
69,628
8.6%

The top five share value leaders for the three month period July 1, 2011 to September 30, 2011 with their contribution to total traded value displayed as a percentage were:

SYMBOL
TRADE VALUE % OF TRADE VALUE

CBL
$ 561,821.42
19.4%

FCL
$ 394,211.00
13.6%

CAB
$ 340,887.50
11.8%

FIN
$ 292,030.50
10.1%

CHL
$ 245,277.15
8.5%

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

FIDELITY CLASS A PREFERENCE SHARES SUCCESSFULLY LISTED ON THE BAHAMAS INTERNATIONAL SECURITIES EXCHANGE

PRESS RELEASE – FOR IMMEDIATE PUBLICATION

FIDELITY CLASS A PREFERENCE SHARES SUCCESSFULLY LISTED ON THE BAHAMAS INTERNATIONAL SECURITIES EXCHANGE (BISX)

Monday, November 21, 2011

The Bahamas International Securities Exchange (BISX) announced today that Fidelity Bank (Bahamas) Limited has successfully completed the listing process for their Series A Variable Rate Redeemable Preference Shares (the “Shares”) which are now listed on the Exchange under the symbol FBBA. The Shares have been added to the roster of securities listed on the Exchange and will trade through the BISX Automated Trading System (BATS).

Anwer Sunderji, Chief Executive Of Fidelity Bank said “The successful placement of $10 million of these securities positions the bank to continue on its asset growth trajectory, which has resulted in the bank’s profitability rising sharply in recent months.” He added, “We are delighted with the listing on BISX as it will hopefully provide liquidity and greater transparency for investors.”

BISX is able to list the secondary issues of BISX listed companies with the Fidelity Bank (Bahamas) Limited Series A Preference Shares becoming the sixth securities to take advantage of this listing facility. Secondary Issues includes any securities issued by an already public company after their initial public offering. Included in the secondary listing category are corporate bonds, warrants and preference shares. The Series A Shares will trade over the Exchange abiding by the same trading rules as Fidelity’s ordinary shares.

Speaking about the FBBA listing, Keith Davies, the BISX Chief Executive Officer stated: “Fidelity Bank (Bahamas) Limited has a long history with the Exchange, and we are happy to welcome this new issue from them. They were the first company to list debt on the Exchange and the listing of these Series A Preference Shares represents, the sixth security that Fidelity Bank (Bahamas) Limited has listed with us, their having already listed their ordinary shares and four tranches of Medium Term Notes.”

Speaking further, Mr. Davies noted: “The fact that Fidelity Bank (Bahamas) Limited has listed all of these secondary issues on the Exchange, we believe, reflects the fact that they see the value that accrues to a securities’ investors from a listing on BISX. Investors benefit from increased liquidity, transparency in pricing, and a centralized location for buyers and sellers. We are pleased that Fidelity Bank and other responsible issuers continue to seek out a BISX listing for their securities.”

NOTE: Attached to this message is the BISX Formal Trading Notice for the Fidelity Bank (Bahamas) Limited Series A Variable Rate Redeemable Preference Shares. 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: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

by Alika Hepburn Alika Hepburn No Comments

BISX Increases International Presence through new International Recognition

PRESS RELEASE

FOR IMMEDIATE PUBLICATION – Friday, October 28, 2011

BISX Increases International Presence Through International Recognition The Bahamas International Securities Exchange (BISX) is pleased to announce that BISX has been registered by The United States Securities and Exchange Commission (US SEC) as a Designated Offshore Securities Market (DOSM). This designation is a recognition within the meaning of Rule 902(b) of Regulation S under the Securities Act of 1933.

BISX attained this designation after undergoing a rigorous application process that involved BISX satisfying the US SEC that BISX met the requirements in order to be recognized as a Designated Offshore Securities Market. Speaking about the DOSM recognition, BISX Chairman, Ian Fair stated: “I am very pleased that BISX has achieved this designation. Recognition from a well respected international regulatory agency such as the US SEC sends a strong message to the international community that BISX is an organization that maintains rules and operating procedures that are up to the standards of the international community.”

The BISX Chief Executive Officer, Keith Davies also commented on the DOSM recognition stating, “As the stock exchange of The Bahamas, it is part of the mission of BISX to pursue initiatives that benefit the country as a whole, as well as the Exchange. This recognition as a DOSM was made possible by the initiatives undertaken by BISX in the form of investments in our trading technology, as well as our investments in maintaining a regulatory regime that meets international standards. However, this recognition also speaks to the soundness of our regulatory environment on the ground level, as it demonstrates the competence and effectiveness of the entire securities regulatory infrastructure of The Bahamas.”

The BISX CEO also explained that the US SEC recognition as a DOSM will allow the Exchange to assist market participants who are eligible for the safe harbour provided by Rule 904 of Regulation S in satisfying the requirements specified in that rule when reselling securities in, on or through the facilities of BISX. Mr. Davies added, “Now that we have attained this designation as a DOSM, we still have much more work to do to take full advantage of the access and benefits this affords us to investors from the larger United States market. We intend to expand and accelerate our international plans through the BISX Global platform along with our international partners who are assisting us with this initiative. We expect to have a lot more to say in the coming days and weeks ahead about being designated as a DOSM, however, suffice it to say, this is a good day in the short history of BISX and we look forward to achieving the next important milestone.”

To view a copy of the US SEC announcement, please visit:

http://www.sec.gov/divisions/corpfin/cf-noaction/2011/bahamasinternational102011.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

Royal Fidelity’s TIGRS 4 and 5 are successfully listed on BISX

FOR IMMEDIATE PUBLICATION – Tuesday, October 18, 2011

The Bahamas International Securities Exchange (BISX) is pleased to announce that the Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 4 Sub Fund and the TIGRS, Series 5 Sub Fund (“the TIGRS 4 Sub Fund” and “the TIGRS 5 Sub Fund” respectively) have successfully completed the BISX Mutual Fund Listing Process and have now been added to the roster of funds listed on the Exchange. The TIGRS 4 and TIGRS 5 Sub Funds are closed end sub-funds of the Royal Fidelity International Investment Fund Limited.

These two funds are the fifth and sixth offerings of international investment products to Bahamians by Royal Fidelity Merchant Bank and Trust Limited. The TIGRS 4 shares offer 100% Principal Protection. The return on these shares is linked to the performance of the iShares MSCI Emerging Markets Index (EEM), the S&P 500 Index, and the MSCI Europe, Australasia, and Far East (EAFE) Index (“Indices Basket”). The TIGRS 4 Sub-Fund matures on December 14, 2015.

The TIGRS 5 shares also offer 100% principal Protection. The return on the Series 5 Shares is linked to the performance of the The DAXglobal Agribusiness Index (DXAG, 60%) and the Energy Select Sector Index (IXE, 40%) (“Indices Basket”). The TIGRS 5 Sub-Fund matures on July 1, 2016.

Royal Fidelity is able to offer these international investment products to Bahamians as a result of the Central Bank of The Bahamas’ Exchange Control Liberalization Program (the Liberalization Program) which allows BISX Broker-Dealer Members to access US$ currency for the specific purpose of creating Bahamian based investment products for local investors. The Liberalization Program which began with the creation of international funds by Royal Fidelity and CFAL in December 2007, currently counts 7 funds (including TIGRS 4 & 5) listed on the Exchange that offer international investment products to Bahamians.

The Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 1 Sub Fund (“the TIGRS 1 Sub Fund”), the first fund offered by Royal Fidelity under this program matured on June 30, 2011 and has been delisted from the Exchange, in accordance with the fund’s Offering Memorandum.

BISX Chief Executive Officer; Keith Davies commented on the listing of the TIGRS 4 and 5 Sub Funds; “We are pleased to have been able to provide a platform where the creativity and innovation of our Broker-Dealer Members can be put to good use for the benefit of Bahamian investors. Royal Fidelity should be congratulated for creating another international mutual fund in their family of TIGRS mutual funds. Products such as this mutual fund which has been developed and launched by Royal Fidelity will continue to positively impact our economy and provide investment diversification for investors.”

Royal Fidelity Capital Markets Limited served as the BISX Sponsor Member that brought the TIGRS 4 and TIGRS 5 Sub Funds to the Exchange. Royal Fidelity Merchant Bank and Trust Limited is the Investment Manager as well as the Administrator.

NOTE: Attached to this Press Release is the BISX Formal Trading Notice for Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 4 Sub Fund (“the TIGRS 4 Sub Fund”) as well as the BISX Formal Trading Notice for Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 5 Sub Fund (“the TIGRS 5 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 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 Closed due to Hurricane Irene

FOR IMMEDIATE PUBLICATION

The Bahamas International Securities Exchange (BISX) wishes to advise the public that the Exchange will be closed today August 24, 2011 and tomorrow August 25, 2011 due to the passage of Hurricance Irene.

BISX will provide notices as to when the Exchange will reopen.

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 Q2, 2011 Statistical Report

FOR IMMEDIATE PUBLICATION

JANUARY TO JUNE 2011 STATISTICAL REPORT

BISX is pleased to announce its BISX All-Share Index and trading statistics for the six month period ending June 30, 2011, with comparison to the same period of 2010.

BISX ALL SHARE INDEX

For the six month period ending June 30, 2011 the BISX All-Share Index closed at 1,410.58. This represents a year to date decrease of 88.93 or -5.93%. By comparison for the six month period ending June 30, 2010 the BISX All-Share Index closed at 1,504.81. This represented a year to date decrease of 60.57 or -3.87%.

For the three month period from April 1, 2011 to June 30, 2011, the All-Share Index declined by 62.83 or 4.26%. By comparison, for the three month period from April 1, 2010 to June 30, 2010, the Index experienced a decrease of 91.81 or -6.1% from 1,597.06 to 1,504.81. The BISX All-Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at June 30, 2011 the market was comprised of 24 primary market listings with a market capitalization of $3.095 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 6 month period January 1 to June 30, 2011, some international equity markets have experienced increases as indicated by the chart below:

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

Dec 31, 2010
1,151.38
1,257.64
5,899.90
1,499.51

Jun 30, 2011
1,146.22
1,320.64
5,945.70
1,410.58

Percentage Change (+/-) -0.45%
5.01%
0.78%
-5.93%

TRADING VOLUMES AND VALUES

Trading volume for the six month period ending June 30, 2011 was 1,248,035 shares for a value of $6,945,295.18. Trading volume for the six month period ending June 30, 2010 was 8,079,988 shares for a value of $93,409,010.97. The trading volume for the six month period ending June 30, 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 these six month statistics results in 2,125,388 shares trading for a value of $13,438,732.97 during the six month period ending June 30, 2010.

Trading volume for the three month period April 1, 2011 to June 30, 2011 was 605,721 for a value of $3,686,503.49. By comparison, for the three month period from April 1, 2010 to June 30, 2010 1,406,070 shares traded for a value of $8,016,819.84.

AVERAGE DAILY VOLUME AND VALUE

For the six month period ending June 30, 2011 the average daily trading volume was 10,098 shares which resulted in an average daily trading value of $56,594. During this six month period, April 2011 saw the highest average daily trading volume and value with an average of 18,379 shares trading for an average value of $113,986.

For the six month period ending June 30, 2010, excluding the large CAB transaction, the average daily trading volume was 17,078 shares which equaled an average daily trading value of $108,619. During this six month period; April 2010 saw the highest average daily trading volume and value with 48,775 shares and $283,409 trading, respectively.

During the three month period from April 1, 2011 to June 30, 2011, the average volume per trading day was 10,251 shares for a value of $62,611. By comparison, for the three month period from April 1, 2010 to June 30, 2010, the average volume per trading day was 23,232 shares for an average value of $132,778.85.

Month
Avg. volume / trading day (2011)
Avg. volume / trading day (2010)
Avg. value / trading day (2011) Avg. value / trading day (2010)

January 6,505
9,182
$29,299 $82,195

February
8,122
5,365
$47,704 $80,480

March
15,208
18,226
$74,728 $90,706

April
18,379
48,775
$113,986
$283,409

May 4,510
8,763
$21,907 $64,839

June
7,865
12,158
$51,941 $50,089

Average for period
10,098

17,078
$56,594 $108,619

SHARE VOLUME AND VALUE LEADERS (SIX MONTH PERIOD)

The top five share volume leaders on BISX for the six month period ending June 30, 2011 with their contribution to total traded volume displayed as a percentage were:

SYMBOL
TRADE VOLUME
% OF VOLUME

CBL
446,761
35.8%

AML
152,014
12.2%

CHL
138,442
11.1%

BOB
135,863
10.9%

FCL
82,949
6.6%

The top five share value leaders for the six month period ending June 30, 2011 with their contribution to total traded value displayed as a percentage were:

SYMBOL
TRADE VALUE % OF TRADE VALUE

CBL
$3,071,689.51
44.2%

BOB
$749,206.87
10.8%

CAB
$511,709.66
7.4%

FCL
$457,092.90
6.6%

FBB15
$448,000.00
6.5%

SHARE VOLUME AND VALUE LEADERS (THREE MONTH PERIOD)

The top five share volume leaders on BISX for the three month period April 1, 2011 to June 30, 2011 with their contribution to total traded volume displayed as a percentage were:

SYMBOL
TRADE VOLUME
% OF VOLUME

CBL
239,195
39.5%

BOB
73,019
12.1%

AML
61,250
10.1%

CBB
39,894
6.6%

FCL
35,769
5.9%

The top five share value leaders for the three month period April 1, 2011 to June 30, 2011 with their contribution to total traded value displayed as a percentage were:

SYMBOL
TRADE VALUE % OF TRADE VALUE

CBL
$1,654,069.85
44.9%

BOB
$434,891.20
11.8%

CBB
$334,112.78
9.1%

CAB
$298,634.05
8.1%

FCL
$195,929.50
5.3%

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

COMMONWEALTH BREWERY LIMITED SUCCESSFULLY LISTED ON THE BAHAMAS INTERNATIONAL SECURITIES EXCHANGE

PRESS RELEASE – FOR IMMEDIATE PUBLICATION

Friday, May 20, 2011

The Bahamas International Securities Exchange (BISX) is pleased to announced today that the listing application submitted by Commonwealth Brewery Limited has been formally approved by the BISX Listing Committee. Therefore, the company has been added to the Official Roster of companies listed on the Exchange. The ordinary shares (the “Shares”) will trade through the BISX Automated Trading System (BATS) under the symbol “CBB”.

The listing of CBB on BISX is the culmination of an effort that started earlier this year with CBB completing the largest initial public offering (IPO) in the history of the Bahamian Capital Markets. CBB will list 30,000,000 shares on BISX at an opening price of $8.33, this will add approximately $250 million in market capitalization to the Exchange.

Prior to submitting its application for listing to BISX, CBB’s offering memorandum was reviewed and registered by the Securities Commission of The Bahamas in compliance with the Securities Industry Act, 1999. The offering memorandum was also reviewed by BISX to ensure that the offering memorandum met the disclosure requirements of the BISX Rules.

The Chairman of BISX, Ian Fair, commented on the listing stating, “BISX was pleased to play a role in the first new IPO to have taken place in the last 10 years in the Commonwealth of The Bahamas.”

In commenting on the listing of CBB, Commonwealth Brewery Limited President and Managing Director Mr. Leroy Archer said: “We are proud that Commonwealth Brewery’s IPO was the largest IPO in the history of The Bahamas. We are excited to finally be listed on BISX and look forward to seeing our symbol “CBB” traded over the Exchange. Our company is strong, well managed and well poised to capitalize on the expected recovery in this economy. I want to congratulate and thank BISX, The Bahamas Central Securities Depository, and all who played a role in getting Commonwealth Brewery successfully listed.”

Commenting on this latest listing, Keith Davies, the BISX Chief Executive Officer noted: “Commonwealth Brewery brings with it a long history of successful operations in The Bahamas. We are pleased to welcome a well established company with strong international ties to the Exchange, especially one that has just completed its IPO raising over $50 million. We look forward to Bahamian investors benefiting from Commonwealth Brewery’s listing on BISX and being able to trade Commonwealth Brewery’s shares for many years to come.”

NOTE: Attached to this message is the BISX Formal Trading Notice for the Commonwealth Brewery Limited Shares. This notice advises the public of the securities to be listed on the Exchange and the trading symbol of the listed securities.

For additional information please contact:

Holland Grant

Listings Manager

Bahamas International Securities Exchange

Telephone: (242) 323-2330

Facsimile: (242) 323-2320