BISX News

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

BISX CHIEF EXECUTIVE COMMENTS ON MARKET

The Bahamas International Securities Exchange (BISX) is pleased to present commentary from the BISX Chief Executive Officer, Keith Davies on the BISX Q3 Statistical Report.

BISX ALL SHARE INDEX

For the nine month period ending September 30, 2009 the BISX All Share Index closed at 1501.78, which represented a year to date decrease of 210.58 points or -12.30%. By comparison; for the nine month period ending September 30, 2008 the BISX All Share Index closed at 1836.61 which represented a year to date decrease of 230.14 or -11.14%. The BISX All Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

Speaking about the decline in the Index, Mr. Davies noted: “The continued decline of the BISX-All Share Index is obviously of concern to us. However, we were encouraged by the fact that the 9 month point decline in the Index for 2009 is less than the point decline over the comparable period of 2008.”

BISX also maintains a Free-Float Index which is a market capitalization weighted index comprised of stock in BISX-listed securities that is held by the general public. The Free-Float Index excludes ownership stakes held by substantial shareholders, officers and directors. Keith Davies described the creation of the Free-Float Index; “We developed the Free Float Index to keep track of changes in the relative value of securities that are actually available to the general public. Many of our companies have large substantial shareholders who rarely; if ever, change their shareholdings. The Free-Float Index helps us to ignore these shareholders and focus on the smaller everyday investors who are such a critical part of our market.”

During the Nine Month period ending September 30, 2009 the Free-Float Index declined by 148.24 points or 16.5%.

COMPARISON OF BISX ALL SHARE INDEX TO INTERNATIONAL INDICES

Over the 9 month period January to September 30, 2009, the BISX All Share Index was out-performed by many of the other international Indices. However, it must be borne in mind that if you compare the date when the BISX All-Share Index hit its peak (December 21, 2007) to the present, the All-Share Index has performed at the same level as most other indices.”

“In addition for the nine months following the December 21, 2007 peak BISX outperformed most international indices. What we have found in our experience is that our Index tends to lag international indices by about nine months. Based on this time lag that we have noticed we expect to see some turnaround in the BISX All-Share Index in the early portion of next year.”

Indices Comparison December 31, 2008 to September 30, 2009

MSCI Emerging Market Index 61.2%

S&P 5000 Index 17.0%

FTSE 100 Index 15.7%

BISX All Share Index -12.3%

Indices Comparison From BISX Peak (December 21, 2007) to September 30, 2009

MSCI Emerging Market Index -24.83%

S&P 5000 Index -28.79%

FTSE 100 Index -20.21%

BISX All Share Index -27.54%

Indices Comparison From BISX Peak (December 21, 2007) to September 30, 2008

MSCI Emerging Market Index -35.29%

S&P 5000 Index -21.43%

FTSE 100 Index -23.80%

BISX All Share Index -11.39%

TRADING VOLUMES AND VALUES

The number of trades for the Q3 2009 quarter has increased with 323 trades taking place over this period compared to 209 in the second quarter of 2009. The increase in trades per quarter followed a period of gradual declines in trades per quarter.

Addressing this fact, Mr. Davies also noted that the average value of trades in this quarter had declined compared to the previous quarter: “Some may view the decline in the average value of each trade in this quarter as a negative statistic, however there is a heartening note in that larger valued trades often are carried out by institutional investors trading large volumes of securities. We believe the decrease in value per trade for this quarter is indicative of the fact that smaller investors are once again entering the market compared to the previous quarter. The average value of a trade in Q3, 2009 was $17,593.33 compared to $25,669.91 in Q2, 2009.”

SECONDARY ISSUES

Keith Davies also addressed the performance of secondary issues listed on the Exchange. “At BISX we are very happy with the performance of the secondary issues that were listed on the Exchange over the course of last year. As we have stated in the past, market participants have come to BISX and noted that they believe the Exchange is the best location for the trading of secondary issues. This is indicative of the fact that investors in these securities realize the best value in terms of ease of transactions, liquidity and pricing by being listed on a regulated exchange. In addition, the process of being listed on an exchange allows institutional investors the opportunity to invest in securities that they may otherwise be barred from investing in. Issuers who list their secondary securities are paying attention to the needs of the market place and their investors.”

BISX continues to offer its services to secondary issues that remain unlisted.

Share Volume Leaders

FCLB the Class B Preference Shares of Freeport Oil Holdings Company Ltd. (FOCOL) was the sixth most traded BISX security by share volume trading 167,000 shares over the 9 month period of 2009 or 6.4% of total share volume traded over the Exchange. Based on empirical information, it is doubtful that this high a volume would have been possible from an unlisted security. These investors experienced definite gains from FOCOL’s decision to list these preference shares on the Exchange.

RANK SYMBOL VOLUME % OF TOTAL VOLUME

1 CBL 530,590 20.5%

2 AML 459,420 17.7%

3 FCL 293,026 11.3%

4 DHS 199,380 7.7%

5 CIB 178,129 6.9%

6 FCLB 167,000 6.4%

7 CAB 164,751 6.4%

8 ICD 151,103 5.8%

9 CWCB 142,647 5.5%

10 FIN 126,703 4.9%

Share Value Leaders

The Fidelity Bank Bahamas Medium Term Bond Notes; FBB13, FBB15, FBB17 and FBB22 as a combined security would have had the sixth highest value traded on the Exchange. This is extraordinary when you consider that the total market capitalization of these four securities is only $25 million. With at total traded value of $1,009,000.00 these securities had a very high turnover over the course of this year.

RANK SYMBOL VALUE % OF TOTAL VALUE

1 CBL $ 3,309,012.42 23.0%

2 CAB $ 1,888,035.65 13.1%

3 CIB $ 1,837,421.10 12.8%

4 FCL $ 1,469,230.20 10.2%

5 FIN $ 1,356,965.11 9.4%

6 FBB Notes $ 1,009,000.00 7.0%

7 ICD $ 832,225.01 5.8%

8 BOB $ 804,745.60 5.6%

9 FBB15 $ 740,000.00 5.1%

10 AML $ 613,975.01 4.3%

For Additional Information Contact

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION – Monday, November 2, 2009

The Bahamas International Securities Exchange (BISX) is pleased to announce that the Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 2 Sub Fund (“the TIGRS 2 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 TIGRS 2 Sub Fund is a closed end sub-fund of the Royal Fidelity International Investment Fund Limited.

The TIGRS 2 Sub Fund is the third offering of international investment products to Bahamians by Royal Fidelity Merchant Bank and Trust Limited. The TIGRS 2 shares offer 100% Principal Protection and 100% participation in any appreciation of a basket of International Indices over the 5 year term ending June 30, 2014. The basket of International Indices include a 25% participation in each of the following: The iShares MSCI Emerging Markets Index (Emerging Markets); The Dow Jones Euro STOXX 50 Index (Europe), The S&P 500 Index (U.S.A.) and the Nikkei-225 (Japan).

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 Licensed Broker-Dealers 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 5 funds listed on the Exchange that offer international investment products to Bahamians.

BISX Chief Executive Officer; Keith Davies commented on the listing of the TIGRS 2 Sub Fund: “It is a testament to the ingenuity of Royal Fidelity that they have been able to develop this mutual fund product and launch it successfully in these trying times. I’m happy that we have been able to add the TIGRS 2 Sub Fund to the roster of BISX listed mutual funds. I recognize the challenges that the entire market has had to face from an investments standpoint, and so we are encouraged by this new offering that has added an element of choice to the market. We will continue to work with and support our Members as they work very hard to broaden and deepen the Bahamian capital market with new listings on the Exchange.”

Royal Fidelity Capital Markets Limited served as the BISX Sponsor Member that brought the TIGRS 2 Sub Fund to the Exchange. Royal Fidelity Merchant Bank and Trust Limited serves as the Investment Manager and Administrator.

NOTE: Attached to this Press Release is the BISX Formal Trading Notice for Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 2 Sub Fund (“the TIGRS 2 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

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

BISX ADVANCES STUDENT EDUCATION PROGRAM

The Bahamas International Securities Exchange (BISX) spent the morning of Thursday, October 8, 2009 at Queen’s College speaking with Grade 12 Economics and Commerce students about stocks, investing and the local stock exchange. The visit allowed senior Exchange officials the opportunity to interact with young Bahamians in a small discussion setting that also allowed students the opportunity to ask questions directly to Exchange officials.

BISX Chief Executive, Keith Davies commented on the visit: “I thoroughly enjoy speaking to students of all ages. From BISX’s standpoint we believe that educating current and future investors is a fundamental and essential role of our Exchange. Our visit to Queen’s College was rewarding in so many ways, and it gives us a chance to hear, first hand, the questions and concerns that students have regarding stocks and the stock market. I was very impressed by the insight that they showed in the questions that they asked, and to be quite honest, we ran out of time because we were talking so much.
I would like to say a special ‘thank you’ to Mrs. Jennifer Clarke from Queen’s College who invited us to speak, as well as to the entire Grade 12 Economics and Commerce class who were eager participants in our discussion.”

Speaking further, Mr. Davies noted: “Over the last 2 years we have had an opportunity to speak to a number of different age groups at several different schools. I always find it gratifying when a teacher contacts us requesting the opportunity to have us speak to their students, as this is a clear indication of an interested teacher. I was especially gratified by the number of students who were considering a career in some aspect of business. These students seemed especially focused on understanding the operations of the stock exchange, and I look forward to reading about the accomplishments of all of these students in the future.”

Mrs. Clarke speaking about the visit by BISX noted: “I would like to thank Mr. Keith Davies and Mr. Holland Grant of BISX for their very informative, timely and impressive presentation on “The Importance of the Stock Exchange and the Role of the Bahamas International Securities Exchange.”
Not only will the presentation enhance the Grade 12 Commerce and Economics students’ knowledge of the subject matter for the BGCSE, but it will also benefit them as they embark on their tertiary level education as well as their career paths. They are now better prepared to understand the true meaning and importance of investment portfolios and the relevance of investment to their future success. They are now able to analyze and interpret stock reports and will be able to make wiser decisions, as they plan their future and maximize their resources early in life, when it is most important.”

Mr. Davies went on to explain that BISX welcomed any opportunity to speak to students who were preparing for the BGCSE Exams, as well as those students who were moving towards graduation and on into the work force. Completing his remarks Mr. Davies stated, “This is our 10 year anniversary as an Exchange in The Bahamas, and we are committed to doing our part to focus our energy on investor education, especially for young people. The time and energy we put into educating students like those at Queen’s College and other institutions will create a whole new group of informed future investors who will seek to take advantage of the opportunities that exist in the Bahamian Capital Markets.”

For Additional Information Contact:

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

Bahamas International Securities Exchange

50 Exchange Place, Bay Street

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

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

JANUARY TO SEPTEMBER 2009 STATISTICAL REPORT

The Bahamas International Securities Exchange (BISX) is pleased to publish its BISX All Share Index and trading statistics for the nine month period ending September 30, 2009 with comparison to the same period of 2008.

BISX ALL SHARE INDEX

For the nine month period ending September 30, 2009 the BISX All Share Index closed at 1501.78, which represented a year to date decrease of 210.58 points or -12.30%. By comparison; for the nine month period ending September 30, 2008 the BISX All Share Index closed at 1836.61 which represented a year to date decrease of 230.14 or -11.14%.

For the three month period from July 1, 2008 – September 30, 2009 the Index experienced a decrease of 77.45 points. For the three month period from July 1, 2009 – September 30, 2008 the Index experienced a decrease of 20.33. The BISX All Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at September 30, 2009 the market was comprised of 24 primary market listings with a market capitalization of $2.89 billion. This compares to a market capitalization at December 31, 2008 of $3.30 billion, a decline of $407 million or 12.3%. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt.

TRADING VOLUMES AND VALUES

Trading volume for the nine month period of 2009 was 2,592,965 shares trading for a value of $14,402,520.74. During the comparable period of 2008, 3,592,161 shares traded for a value of $23,604,796.28. For the three month period from July to Sept. 30, 2009; 937,327 shares traded for a value of $5,682,644.38. By comparison, for the three month period from July to Sept. 30, 2008 1,304,001 shares traded for a value of $8,329,381.03.

AVERAGE DAILY VOLUME AND VALUE

13,672 shares traded on the average trading day during the nine month period ended September 30, 2009. May saw the highest average traded volume of any of the months is this period with 39,015 shares trading during the average trading day for an average traded value of $213,821.55. During the average trading day for the nine month period, the average value traded was $75,595.

Month Trading days in Month Avg. volume/trading day Avg. value/trading day

January, 2009 21 trades 13,390 shares $67,447.05

February, 2009 20 trades 5,309 shares $34,372.94

March, 2009 22 trades 10,498 shares $56,864.44

April, 2009 20 trades 6,314 shares $34,562.62

May, 2009 21 trades 37,157 shares $203,639.57

June, 2009 20 trades 6,536 shares $19,866.42

July, 2009 22 trades 7,479 shares $53,152.28

August, 2009 20 trades 13,574 shares $58,335.56

September, 2009 22 trades 22,786 shares $152,117.41

Average for the Nine Months 13,672 $75,595.37

SHARE VOLUME AND VALUE LEADERS

The top five share volume leaders on BISX for the nine month period ending September 30, 2009 with their contribution to total traded volume displayed in brackets were:

SYMBOL TRADE VOLUME % OF VOLUME

CBL 530,590 (20.5%)

AML 459,420 (17.7%)

FCL 293,026 (11.3%)

DHS 199.380 (7.7%)

CIB 178,129 (6.9%)

The top five share value leaders for the nine month period ending September 30, 2009 with their contribution to total traded value displayed in brackets were:

SYMBOL TRADE VALUE % OF TRADE VALUE

CBL $3,309,012.42 (23.0%)

CAB $1,888,035.65 (13.1%)

CIB $1,837,421.10 (12.8%)

FCL $1,469,230.20 (10.2%)

FIN $1,356,965.11 (9.4%)

For Additional Information Contact

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

Bahamas International Securities Exchange

50 Exchange Place, Bay Street

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

Website: www.bisxbahamas.com

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

JANUARY TO JUNE 2009 STATISTICAL REPORT

BISX is pleased to announce its BISX All Share Index and trading statistics for the six month period ending June 30, 2009 with comparison to the same period of 2008.

BISX ALL SHARE INDEX

For the six month period ending June 30, 2009 the BISX All Share Index closed at 1579.23, which represented a year to date decrease of 133.33 points or -7.77%. For the three month period from April 1, 2009 – June 30, 2009 the Index experienced a decrease of 59.57 points. The BISX All Share Index is a market capitalization weighted index comprised of all primary market listings excluding debt securities.

As at June 30, 2009 the market was comprised of 24 primary market listings with a market capitalization of $3.045 billion. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt.

TRADING VOLUMES AND VALUES

Trading volume for the six month period of 2009 was 1,655,638 shares trading for a value of $8,719,876.36. During the comparable period of 2008, 2,228,160 shares traded for a value of $15,275,415.25. For the three month period from April 1, 2009 to June 30, 2009 1,037,301 shares traded for a value of $5,365,011.87

AVERAGE DAILY VOLUME AND VALUE

13,361 shares traded on the average trading day during the six month period ended June 30, 2009.
May saw the highest average traded volume of any of the months with 39,015 shares trading during the average trading day for an average traded value of $213,821.55. During the average trading day for the six month period, the average value traded was $70,581.52.

SHARE VOLUME AND VALUE LEADERS

The top five share volume leaders on BISX for the six month period ending June 30, 2009 with their contribution to total traded volume displayed in brackets were:

SYMBOL TRADE VOLUME % OF VOLUME

CBL 407,787 24.6%

AML 347,729 21.0%

FCLB 160,000 9.7%

DHS 126,330 7.6%

FCL 113,227 6.8%

The top five share value leaders for the six month period ending June 30, 2009 with their contribution to total traded value displayed in brackets were:

SYMBOL TRADE VALUE % OF TRADE VALUE

CBL $2,617,735.63 30.0%

CAB $1,132,975.56 13.0%

CIB $1,049,856.60 12.0%

FIN $733,261.81 8.4%

FCL $576.578.25 6.6%

For Additional Information Contact

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

Bahamas International Securities Exchange

50 Exchange Place, Bay Street

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

www.bisxbahamas.com

BISX PRESS RELEASE

FOR IMMEDIATE PUBLICATION

JANUARY TO MARCH 2009 STATISTICAL REPORT

BISX is pleased to announce its BISX All-Share Index and trading statistics for the three month period ending March 31, 2009 with comparison to the same period of 2008.

BISX ALL SHARE INDEX

For the three month period ending March 31, 2009 the BISX All Share Index closed at 1638.80, which represented a year to date decrease of 73.56 points or -4.30%. By comparison, for the three month ending March 31, 2008 the Index experienced a decrease of 103.35 points 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, 2009 the market was comprised of 24 primary market listings with a market capitalization of $3.16 billion. The primary market securities traded over BISX include 19 common share listings, 1 preference share listing and 4 tranches of debt.

TRADING VOLUMES AND VALUES

Trading volume for the three month period of 2009 was 618,337 shares for a value of $3,354,864.49.
This compares to 1,196,953 shares trading during the comparable period of 2008 for a trade value of $7,565,752.45.

AVERAGE DAILY VOLUME AND VALUE

For the three month period ended March 31, 2009, the average daily trading volume was 9,815 shares which equaled an average daily trading value of $53,251.82. During this three month period, January 2009 saw the highest average daily trading volume and value with 13,390 shares and $67,447.05 trading, respectively. By comparison, the three month period ended March 31, 2008 saw an average daily trading volume of 18,987 shares which equaled an average daily trading value of $120,091.31.

SHARE VOLUME AND VALUE LEADERS

The top five share volume leaders on BISX for the three month period ending March 31, 2009 with their contribution to total traded volume displayed in brackets were:

SYMBOL TRADE VOLUME % OF VOLUME

CBL 181,843 29.41%

FCLB 126,000 20.38%

FCL 85,248 13.79%

AML 49,134 7.95%

CWCB 37,561 6.07%

The top five share value leaders for the three month period ending March 31, 2009 with their contribution to total traded value displayed in brackets were:

SYMBOL TRADE VALUE % OF TRADE VALUE

CBL $1,223,191.02 36.46%

FCL $434,400.22 12.95%

CAB $273,235.00 8.14%

FBB15 $267,000.00 7.96%

BOB $228,195.50 6.80%

For Additional Information Contact

Holland Grant

BISX Listing Manager

Tel: 242-323-2330

Fax: 242-323-2320

Email: info@bisxbahamas.com

Bahamas International Securities Exchange

50 Exchange Place, Bay Street

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

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

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

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%)