JAMAICA STOCK EXCHANGE...3 TABLE OF CONTENTS The Jamaica Stock Exchange Yearbook is published...

1JAMAICA STOCK EXCHANGE YEAR BOOK 2009

J A M A I C A S T O C K E X C H A N G E

“Providing A Fair, Efficient and

Transparent Stock Market”

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TABLE OF CONTENTS

The Jamaica Stock Exchange Yearbook is published annually by the Jamaica Stock Exchange, 40 Harbour Street, P.O.Box 1084, Kingston, Jamaica. Telephone: (876) 967-3271/Fax: 924-9090. Visit us at: www.jamstockex.com

Copies of the Book may be obtained by contacting the Jamaica Stock Exchange.Editor: Neville Ellis, Cover Design & Book Layout: Richard Paisley

JAMAICA STOCK EXCHANGE YEAR BOOK 2009

Year in Review 2008 21 Economic Highlights and Stock Market Performance

STOCK 39 Monthly Volumes and ValuesMARKET 40 Monthly Index & Trading AveragesDATA 41 Top Twenty Companies: By Market Capitalization,

Volume and Value 43 Twenty Most Active Stocks for 2009 &

Block Transactions for 2009 44 A Five-Year History of Dividend Summary 45 Bonuses, Splits and New Issues: A Five Year History

COMPANY 46 Corporate Data: Issued Capital, Par Value and Due Dates PROFILES & 47 Top Twenty Companies: By Sales, Pre-Tax Profit and After-Tax ProfitPERFORMANCE 49 Corporate Profit Profile: 2008 vs. 2009

50 Monthly Trading Volumes and Values 59 Understanding Terms and References

61 Corporate Information and Financial Data 119 Best Practices Awards 2008

JSE DATA 120 Listing Fees and Trading Charges for Main Market and Junior Market 122 JSE Statement of Corporate Governance Principles and Practices 126 JSE Stockbrokerages & Contact Information

127 Index to Advertisers 128 JSE Board Members’ Profile

135 Acknowledgement

STOCK 25 A Five Year History of Trading ActivityMARKET 30 Month-End Stock Price QuotationsACTIVITY 34 Year-End Stock Price Quotations

36 Year-End Corporate Bond Quotations 37 Annual High & Low Stock Prices

12 General Manager’s Report

19 Jamaica Stock Exchange Regulatory Functions

MESSAGES 4 Chairman - JSE 5 General Manager - JSE 7 Historic Points of the JSE over the last 40 Years 8 JSE Corporsate Highlights 2009




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Message - chairman, Jamaica Stock exchange

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Mr. Curtis A. MartinChairman, Jamaica Stock ExchangeMay 21, 2009


The Importance of Market Data

he Jamaica Stock Exchange (JSE) has been a source of data

collection and representation over the past 40 years. This activity

has become so ingrained in the company's operations, that we are

defined by the many publications that are produced and circulated




each year - including this popular publication - the JSE Year Book. We are a

major institution in Jamaica and a valuable source of economic data which we

compile and present with pride every year to the market. This year's data

presentation is rich with charts and graphs and we have continued the same rigor

and meticulous standards that were used in the past, to ensure excellence in the

data compilation produced for the public.

Data and the collection of data are very important in our everyday life as the information gathered allows us to make important decisions. Since the financial meltdown, information disclosure has been brought into full focus. Investment decisions are very important in our lives and the country on a whole. The

investment decisions that we make today can either make us or break us financially, and affect our twilight years, particularly after retirement. The JSE recognized the importance of publishing consistently accurate data to allow investors, market analysts, researchers and students to keep abreast of market trends.

The JSE collects a pool of data ranging from five year trading activities to stock splits, five year dividend summaries and year-end high and low stock prices. Such information is designed to assist the investing public to forecast possible market trends. The compelling feature of the Year Book is that all the information is found in one place and can be used as easy reference when needed. Due care and diligence are used to compile the data and in some cases the information is also represented with graphs and charts to allow for quick analysis.

As we continue to evolve as an organization, we promise to have more data and analyses to allow for more information to be

available to assist in better decision making. We stand committed to providing a fair, efficient and transparent market in which

not only Jamaicans can participate, but also persons across the globe, I would like to use this medium to say thanks to all the

staff members that were involved in the data collection and dissemination process. Your contribution will always be

remembered, as everyone that uses the data presented here now or in years to come, will be using information that was

compiled by you. Therefore, your contribution will no doubt impact prudent financial decision-making in a meaningful way.

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Message - General Manager, Jamaica Stock Exchange


t is with a sense of pride and satisfaction that we present to you our valued customers, the Jamaica Stock Exchange Year Book 2009.

thSince the 12 century AD, with formation of the first Stock Exchange in France and the subsequent proliferation of Stock Markets all over the globe, Stock Exchanges have been a source

of data collection and dissemination to the public. The Jamaica Stock Exchange (JSE) has followed this important standard and over the last 40 years has provided useful and timely information to the market.

We have endeavoured to ensure that as we provide information to the market, especially through our Year Book, that the content is presented in a format that will attract and serve a wide cross section of persons ranging from investors, students, researchers and potential investors. As the years evolved and the use of technology increased, we have employed new means of ensuring the timeliness, attractiveness and the reach of this product. Today, the JSE Year Book enjoys wide dissemination and can be found at the Jamaica Stock Exchange, stock brokerages, at all our educational outreach events, universities and via our website (www.jamstockex.com)

While format and reach are very important, we believe content is even more so,

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as individuals will search for a publication with good content and even excuse its format. We think we have managed over time to get all three elements right. However over the years our content has seen significant development providing you with not only raw stock market data but with market reviews and analyses reviews, charts and graphs in user friendly mode and pertinent information on companies listed and trading on the Exchange.

As information on mortality rate is important to analyze population trends and demography, the data collected by Stock Exchanges assist us to measure the wealth, stability and economic activities in our country. We understand and appreciate that the Stock Exchange is a barometer of the economy and the statistical data can be used to monitor companies' performances and by extension the economy. We therefore take pride in ensuring that the information we compile and disseminate is of the highest standard.

Let me express my gratitude to the many and varied public and private sector groups and in particular our listed companies who continue to support our efforts in providing this very key information and useful publication, which we know is used by many organizations within and external to our country as a source to assist in evaluating, forecasting trends and planning.

I also want to use this medium to thank members of all the departments that assisted us to live up to our promise to deliver to the market relevant and credible data, in an efficient and transparent manner. Special thanks to the Market Operations and Trading Department for the high standard that is maintained each year in presenting market information to the public and for you the public, for entrusting this responsibility to us.

Finally, I wish to thank our sponsors who by advertising in this publication allow us to present timely and relevant information to you our readers free of cost. We look forward to your continued support.

Mrs. Marlene Street Forrest General Manager Jamaica Stock Exchange





Historical Points of the JSE

over the last 40 Years

April 2008Establishment of RMOC & RMOD




JSE CORPORATE HIGHLIGHTS 2009

Governor General Awards for Excellence:

Miss Anya Schnoor (left), Chief Executive

Officer, Scotia DBG Investments and Donovan

Perkins (right), President & CEO, PanCaribbean

Financial Services receive shared award for the

Overall Winner of the Best Practices Awards

2008. They received the Governor General’s

Awards for Excellence from Former Prime

Minister The Most Hon. Edward Seaga.

Mr. Richard Byles,

President & CEO, Sagicor

Life Jamaica and Mrs.

Janice Grant Taffe (centre)

accept PSOJ Corporate

Governance Award from

Ms. Greta Bogues, PSOJ

Corporate Governance

Committee member.

Ms. Yvonne Clarke (left), Group

Chief Financial Officer, National

Commercial Bank Jamaica,

accepts the award for second

place in JSE’s Best Practices

Corporate Disclosure & Investor

Relations Award from Mrs.

Marlene Street Forrest, General

Manager, JSE.


JSE Best Practices

Awards 2008





Mr. Lissant Mitchell (left), Snr.

Vice President Treasury & Capital

Markets accepts the award on

behalf of Scotia DBG Investments

for joint first runner up in the

JSE’s Best Practices Annual Report

Awards from Mr. Livingstone

Morrison, JSE Board Member.

Members of the audience

listen attentively to the

Keynote Speaker

Dr. Geraldene B. Hodelin;

Associate Professor of the

University of Technology

(UTECH).

From left to right Ed Mckie-

Director JSE, Mayor Councillor

Desmond McKenzie, Hon.

Audley Shaw-Minister of

Finance and Mrs. Marlene

Street Forrest-General

Manager JSE greet guests

outside the St. Andrew's Scot

Kirk United Church where JSE th

celebrated its 40 Anniversary

with a Church Service held on

February 8, 2009.






Members of the audience are

all smiles as the watch the

event unfolded at the JSE's

Evening of Musical Excellence,

held at the Little Theatre on

July 14, 2009.

On October 30, 2009 history was created when

Access Financial Services Ltd (AFS) was first the

company to be listed on the JSE Junior Market.

Mr. Marcus James, Chief Executive Officer of

Access Financial Services Ltd and Mrs. Sharon

Harvey Wilson, Finance Director of Mayberry

Investments Ltd, official inserts the Access

Financial Services Limited strip at the Jamaica

Stock Exchange; looking on from left to right:

Mr. Brian Goldson, Chairman of Access Financial

Services Ltd.; Mr. Don Wehby, Chief Operating

Officer,GraceKennedy; Mrs. Marlene Street

Forrest, General Manager of the Jamaica Stock

Exchange; and Mr. Wentworth Graham, Chief

Regulatory Officer.

Mrs. Marlene Street-Forrest,

GM, JSE, (centre); Mr.

Livingstone Morrison,

Chairman, RMOC and Mr.

Rohan Barnett, Executive

Director, FSC listen intently as

Mr. Sushil Jain, (left), makes a

point at the Launch of the

Market Surveillance System,

held on September 18, 2009.

JAMAICA STOCK EXCHANGE YEAR BOOK 200910JAMAICA STOCK EXCHANGE YEAR BOOK 2009

40th Anniversary

Celebration





From Left to Right: Ms. Dian Black - Director JSE, Ms. Hiliary Phillips, Q.C. - former Chairman of JSE

Regulatory Market Oversigt Committee, Mr. Wentworth Graham - Chief Regulary Officer RMOD, Mr.

Livingstone Morrison - Director JSE, Mrs. Marlene Street Forrest - General Manager, Mr. Quincy Campbell -

winner of the RMOD logo competition, Mr. Garth Kiddoe - Director JSE and Mrs. Jane George - Director JSE.

The occasion was the announcement of the winner of the RMOD logo competition held on April 15, 2009

at the Jamaica Stock Exchange.



GENERAL MANAGER'S REPORT - JSE

Mrs. Marlene Street Forrest General Manager Jamaica Stock Exchange

(Continued)

The year 2009 marked the end of a decade which saw several positive transformations to the Jamaica Stock Exchange (JSE); changes that are designed to improve profitability, market confidence and the delivery of products and services.

ENVIRONMENTAL FACTORSThe global economic crisis, the high interest rate policies and the effect of the fall of many unregulated schemes all negatively impacted the market in 2008 and continues to do so throughout 2009. The country is still faced with the cut in export earnings arising from the shutdown of a large portion of the bauxite/alumina sector, the fall in remittances and revenue from other products in the traditional and non-traditional sectors which could impact on companies’ profitability and the ability of investors to invest. Not-with-standing this, as we have seen in the past, if the measures that are taken to reduce interest rates and if the foreign exchange rate can remain relatively stable then the market may rebound.

All these factors impacted the psyche of investors in the equities market bringing confidence to an all time low. This resulted in the strengthening of the 'bear market' that had started in 2008 as many investors sought a more conservative approach to investments or cashed in on their investments in equity to meet cash flow needs.

We expect that these conditions will persist, though with some small improvements, for much of 2010.

JSE PERFORMANCE IN 2009As a direct result of environmental factors, the stock market experienced declining stock prices and continued low levels of trading throughout 2009 and many companies with potential did not come to market to be listed. The company’s income from the main revenue stream declined significantly.

While efforts to constrain expenditure were successful and resulted in a reduction of the year's expenses below that of the previous year in real terms and while investment income was marginally higher than 2008, these positives were insufficient to translate to a profitable outcome for the Group after discounting for the Compensation Fund's Income. The JSE and its subsidiary, the Jamaica Central Securities Depository (JCSD), both experienced sharp declines in revenue and profitability. JCSD Trustee Services Ltd., the new subsidiary formed in 2008, experienced its first surplus. The growth of business in Trustees Service and Registrar Services was positive in a market of declines.

The negative financial results did not deter the Exchange from achieving th

some positive milestones, including the celebration of our 40 Anniversary with the successful staging of several events and activities designed to continue the process of market education. One highpoint was the musical evening of excellence, which captured through music and drama, the Exchange's journey as a company twinned with Jamaica's journey as a nation. Other functions included our annual capital markets conference and our best practice awards, both of which continued to enjoy increasing interest and good support.





GENERAL MANAGER'S REPORT - JSE (Cont’d)

Throughout the year we embarked on an intensive marketing programme to educate and encourage small and medium sized companies to take advantage of the recently launched Junior Stock Market. This, we are convinced is a potential bright spot for the growth and development of our market and the economy. Access Financial Services Limited listed in 2009 and we are assured of many more listings for 2010 and beyond.

The long awaited Caribbean Exchange Network continues as a 'work in progress' but with one major hurdle cleared, as the Regional regulators signal their approval for the implementation of the CXN. However there are many slips between the cup and the lip and so we continue to work on clearing the few remaining hurdles. We continue to pursue this initiative, as we believe this will redound to the growth of the Regional Capital Markets.

We have started the development of the JSE e-Learning Campus, which is designed to provide post-graduate certification and comprehensive, structured and continuous professional education to persons in the financial services sector. We expect to launch this new initiative in 2010.

We believe that we need to accelerate the process of making relevant changes to our rules and procedures to enhance the market and have therefore been working with our listed companies, member-dealers and investors to implement these changes. Throughout the year, we also had discussions with the Government of Jamaica and other stakeholders towards enhancing the market through service delivery and the introduction of new products. We urge you to look towards even more products and innovations in the coming years.

OPPORTUNITES In spite of the fragile economic environment, the JSE identified possibilities and achieved some firsts in 2009. Many new products have been started in 2009 that will be completed in 2010 and many that were started in 2008 have now been completed.

In April 2009, we successfully launched the Junior Stock Market, even though the delayed passing of the tax amendments to codify incentives in September 2009 caused some hesitation on the part of Companies coming to list. We also completed the development and introduction of new bond indices, which are published daily on the Jamaica Stock Exchange's Website. The Stock Market Game, a simulated electronic trading and portfolio management competition aimed at improving market understanding and getting younger persons involved in the market was launched in 2008 and has succeeded in attracting many new entrants and broadening our reach within high schools and colleges across the island.

Sustainability is important to the Exchange. Therefore, we are proud to report that the initiatives that have been launched over the decade, such as electronic trading and the implementation of new products and services such as our website, the Stock Market Game and the Investment & Capital Markets Conference show potential for enhancing stakeholder value and have all been maintained and enhanced through the dedication of our internal and external teams.

STAYING THE COURSEOur vision remains focused on improving the capital market by creating products that will enhance investment experience and encourage new companies to list on either the Main or the Junior Exchange. We also consider it an imperative to provide greater value to our listed companies by identifying areas in which the overall cost of listing, inclusive of disclosure requirements, can be minimized while raising the standards of effective and efficient communication to investors.

While the year has been challenging, we at the JSE continue to have successes in maintaining focus on our priorities and fulfilling our mandate of fostering growth and development of the market through efficiency and transparency.

TRADING OPERATIONS IN 2009 In 2009, we implemented the Average Price as the method of determining the Close Price for daily trading. While this has improved market perception in respect to manipulation, we are now examining the Circuit Breaker Rule to see whether we can further improve the efficiency of the market operations in this regard.

There is always merit in introducing new blood to the market place through additional member-dealers. The Exchange considered the auctioning of at least one seat in 2009 but discontinued the process due to the market conditions. It remains an integral part of our strategic plan but this will be effected at the most opportune time.


JSE OPERATING PLATFORMSOur trading and settlement platforms remained robust in 2009. We experienced no significant downtime and have even improved on the previous year's performance. Despite this, we continue to examine the offerings within the market to ensure that the platforms on which we operate are on par with our most developed contemporaries and provide the most cost-effective return on investment. As we look towards offering new products and services to the market, we will be using the coming year to request proposals from other service providers in the industry in order to ensure that we have the best platforms for service delivery at the most competitive rate.

JSE CORPORATE ACTIVITIES AND NEW INITIATIVES

Ongoing Activities

Upgrades and Enhancement of trading platform for efficient market delivery

Upgrades of other supporting systems to ensure relevance and compliance

Website Enhancement including Stock Market Game geared at market education at the high school & tertiary level

Staff training

Continued Development of internal processes for CXN

DEPARTMENTAL HIGHLIGHTS

MARKETING ACTIVITIESIn keeping with the organization's goals and objectives, our Marketing Department worked assiduously to organize and host several events and implemented a number of projects during the year to increase our customer base and to have greater interaction with our stakeholders. In achieving this objective the JSE was engaged in the following programmes:

High School Education Programme This is geared towards educating high school students about the Stock Market. This programme continues to make strides with forty-two (42) High Schools visiting the Exchange, setting the stage for continuous education of the public.

National Investor Education WeekThe JSE held several events marking the week of September 28, 2009 to October 3, 2009. As in the previous year, we had good attendance.

Teacher's Outreach Programme: The Teacher's Outreach Programme, which was introduced in 2008, continues to be a successful venture. Six schools participated in the programme this year.

The JSE's Public Investor Outreach Programme:There were nine Public Investor Outreach programmes held across the island.

JSE's Investments & Capital Market Conference: th

The year 2009 saw the Exchange celebrating its 40 year anniversary. The JSE continued its vision of bringing persons not only from across the Caribbean, but from Europe and North and South America, to exchange ideas and network in an effort to continue the development of the Capital Market. The JSE took the opportunity to honour the Rt. Hon. Edward Seaga, former Prime Minister of Jamaica, who is a founding member of the Jamaica Stock Exchange.

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Evening of Musical Excellence: th

The JSE continued its 40 year Anniversary on July 13, 2009 by hosting an Evening of Musical Excellence at the Little Theater. This event was well supported and honoured many of the entertainers who contributed to Jamaica's musical industry over the years.

Workshops: The JSE hosted a series of workshops throughout the year. The objective of these workshops was to expose stakeholders in the market to international best practices in the capital market. A total of four (4) workshops were held and covered areas such as: Risk Management; Listing Companies on the Junior Market; Mentorship for Junior Market companies; and Preparing Documentation for Listing.

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The efforts that we have put into market outreach programmes and workshops continue to reap tremendous benefits. This is evidenced by the fact that even though most companies had contracted on their expenditure, employers are not averse to their employees participating in our workshops. We have flagged this area for growth in the medium to long term.

Best Practices: The year culminated in December 2009 with the JSE's Annual Best Practices Awards. The Awards which was launched in 2004 are part of an effort to encourage Listed Companies and Stock Brokerages participants to adopt international industry standards and best practices. Companies are awarded for outstanding performances in several categories, ranging from Best Annual Report to Best Investor Relations. The Best Practices Awards Programme has become a calendar event and the criterion for each award is a benchmark for companies within the industry.

The JSE through its Marketing and Communication's Department is committed to the process of dialoguing and educating all the players in the market to allow all to operate at international standards.

INTERNAL AUDIT Towards the end the year we outsourced our internal audit functions to PriceWaterhouse Coopers, as we are of the view that this would further strengthen our internal controls and improve on our procedures. This has improved on our efficiencies.

INFORMATION TECHNOLOGYThe JSE continues to implement and utilize information systems that support and enhance its strategic objectives.

Infrastructure and Core Business ApplicationsAt the hub of the Exchange, we continue to utilize electronic trading, clearing and settlement platforms, which are robust, secure and efficient. Brokers and other external users access the systems via our Wide Area Network (WAN). As the JSE continues to expand its services, the infrastructure is continuously upgraded to take advantage of the emerging trends.

WebsiteThe JSE's Website is the 'public face' of the Exchange. In 2009 a significant enhancement was unveiled, as the site had been made more functional, user-friendly and accessible. The website continues to be a very valuable resource for information dissemination to our listed companies and for information gathering by investors, financial analysts, researchers, students, and other visitors to the site.

Some of the valuable resources available on the site include daily and historical stock market information; trade sheets; company news by subscription; charting capabilities; financial statements; information on listed companies and member firms; membership subscription; our stock market game; portfolio manager; online statement access; and archived trade sheets from 1969. Additionally, we have introduced subscription services, such as RSS feeds where persons can subscribe to receive the most current market information. The year 2010 will see the introduction of live video streaming of the JSE events.

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Data ServicesInformation dissemination is crucial in keeping investors abreast of the activities on the Stock Market. Consequently, the JSE ensures that accurate and quality information is made available to its clients through sources such as Bloomberg, which utilizes a Market Data Feed provided by the JSE. Other products of this data feed can be seen on cable stations and websites of clients who subscribe to this technology. In 2009, we expanded this service to include text messaging, which may become a key source of income in future years.

Application DevelopmentDuring the year, we completed development of a Market Surveillance System for the Regulatory and Market Oversight Division (RMOD) and the first part of a Registrar System for the JCSD Registrar. Undoubtedly, these systems will assist in enhancing the efficiency of both business units while allowing them to meet business objectives.

In 2009, we started development of an online Learning Management System, which will offer online training to persons in the financial market. The system dubbed The JSE e-Learning Campus will be launched in the second quarter of 2010 and will be an exciting addition to the JSE's many service offerings.

Risk Management and ComplianceThe Company's principal business activities rely heavily on information technology and by nature are subject to various risks including systems downtime, which may result in operational risk or loss of revenue and confidence in the market.

Rigorous policies and Operational procedures are established and approved by the relevant management personnel and quarterly internal audits are conducted to ensure compliance with the established policies and international standards. There are also system redundancies, data protection measures, and security measures in place to ensure a more resilient system, which would have 100% availability during business hours.

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JSE's IT Governance structure incorporates:

1. Administrative controls effected through the relevant committee (Audit and Finance)

2. Organizational controls effected through segregation of duties, requisite training and adherence to

These controls are reviewed on a quarterly basis to ensure they provide effective governance and compliance is maintained.

Business ContinuityAs part of its Business Continuity strategy, the JSE continues to ensure that its hotsite remains current in order to provide redundancy for its core systems (Trading, Clearing and Settlement) and other supporting systems.

In addition to the system redundancies in place, the JSE's business recovery plan is continually updated to ensure that the business is able to recover from disasters and other disruptions in the shortest possible time. The plan outlines the response to be undertaken and indicates the minimum resources required to ensure the continuity of key business units in the event of disruptions.

Focus for 2010In 2010, we will be implementing a new server infrastructure focused on enhancing system stability and ensuring that we set the stage for further information technology upgrades needed to meet the business objectives for the future.

We will also continue our thrust to implement solutions that are geared towards allowing the JSE and its subsidiaries to take advantage of market opportunities, which will increase revenue and improve customer service.

implemented polices.



HUMAN RESOURCES 2009Despite the financial challenges affecting the Exchange during the year, the JSE team-members demonstrated their resilience and commitment by continuing to make sterling contributions to the achievement of our strategic objectives.

While there were budgetary constraints, the JSE in its mandate to effectively equip staff to deliver excellent service, continues to contribute to staff development through training in areas such as Operational Risk Management, IFRS, Junior Market, Mentoring for Small and Medium Size Business and internal cross training. Our ancillary and support staff is now computer literate, as they successfully participated in in-house computer training. The JSE continues to support staff education achievement through education grants and education loan facilities. The year 2009 saw one staff member acquiring her Bachelors Degree and three staff members acquiring their Masters Degrees.

Good health of staff members is of great importance to the JSE. Consequently, the JSE collaborated with the Heart Foundation to conduct at the Exchange, critical tests for our employees.

The year 2009 was challenging, but we understand that staffs members need to unwind and through the innovation and creativity of the JSE's family, our car park was transformed on December 17, 2009 for a memorable occasion dubbed “Lyme in di Park”. This saw staff members and their families coming together and having fun.

CORPORATE SOCIAL RESPONSIBLITYThe challenges we faced during the year did not deter us from making a difference in the lives of others through donations and

thcorporate social activities. The year 2009 saw the Jamaica Stock Exchange celebrating its 40 Anniversary and one of the activities to mark this very special occasion was the “Musical Evening of Excellence” where icons in the musical/entertainment field were honoured for their sterling contributions to the development of Jamaica's music and culture. Proceeds from the JSE’s Musical Evening of excellence were donated to the Good Samaritan Inn.

We also maintained close association with our community by making donations towards St. Michael's Primary School Breakfast Feeding Programme and the KSAC's Roadways Reconstruction Programme. Monetary support was also given to Trevayne Campbell, a teenager who had lost a leg to cancer.

Our commitment to education and development of our youth is maintained through JSE's Scholarships for students of both the University of the West Indies and University of Technology. The JSE continue to provide work experience programmes for student from UWI, UTECH, EXED and other institutions of learning. We are also committed to United Way and other charitable organizations.

FORECAST - 2010We are continuing to build on the gains achieved in 2009. Major decisions taken by the Government in early 2010 such as the Jamaica Debt Exchange Programme (JDX) will provide a stimulus for the market. It is expected that the Junior Market will prove an engine for the listing of small, and medium sized companies. There has been tremendous interest from many potential listed companies. In addition, building market awareness and the advantages that exist even in the face of an economic downturn for both investors and current and potential listed companies will be the thrust of the Group's activities for 2010. We will seek new ways of providing better service to the market at a lower cost. We will improve on our response time to our stakeholders.

In continuing our quest to have a motivated workforce, the Employee Recognition Award was re-introduced in 2009. The objective of this award is to recognize consistently superior performance of JSE's employees and especially those who go beyond the call of duty for the smooth and effective operation of the Exchange. This award is intended to act as a vehicle to access and reward distinction and at the same time, encourage and motivate others to strive towards high standards at the workplace.

(Continued)


The Group pursues several other business initiatives, which include:

An Exchange Traded Fund (ETF) market

New Exchange Indices

Market Data Messaging Services

Listing of Foreign/International Companies

The Caribbean Exchange Network

We wish to thank all our listed companies, investors and others, whose tremendous support and feedback has enabled us to continue our growth path.

Our many successful market education programmes such as the Market Analyst Competition and Best Practice Awards would not be possible without the dedicated Committee members who volunteer of their expertise and themselves to the oftentimes challenging and time consuming tasks necessary for ensuring high standards of execution.

We know that employee retention and job satisfaction are essential to our continued future success in product and service delivery. I wish personally to commend the time, efforts and enthusiasm displayed by our staff members in the execution of their duties throughout the year, as they often went above and beyond the call of duty.

………………………………..........................……….Marlene J. Street ForrestGeneral Manager, JSE



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Jamaica Stock Exchange Regulatory Functions

Mr. Wentworth Graham Chief Regulatory Officer





The Jamaican economy experienced severe trauma in 2009 and this was a contagion of the Global Meltdown from the preceding year that had its origins in the financial crisis that was atypical to any since the Great Depression of the 1930s. Clearly, the local Equities Market also faced the onslaught of the economic challenges with significant declines in all Indices, a depreciated Total Market Capitalization and weakened financial performance for the Exchange. Notwithstanding the daunting period, the Jamaica Stock Exchange's (JSE) institutional framework stood tall and resilient in the midst of the challenges, which was partly due to the regulatory activities that were undertaken by the Regulatory and Market Oversight Division (RMOD).

2009 Regulatory ActivitiesDuring the year, the RMOD addressed one hundred and twenty three (123) regulatory matters, which were thirty seven (37) above 2008. The activities were a composite of market surveillance and compliance issues for Listed Companies, member-dealers and other market stakeholders. The RMOD attributes the growth in issues to its redefined and intensified focus in discharging its market oversight functions. It should be noted that of the total number of cases, 95% were closed and 5% were carried forward into 2010. Carry-over cases in 2009 were 6% of the previous year's total cases. A summary of the RMOD's oversight activities in 2009 is presented in the diagram below.

Nature of Infraction

Nature of Infraction 1

(Continue on next page)


Other Divisional undertakings that advanced the Exchanges regulatory functions were:

Supports and Looking Ahead

The JSE's regulatory advancements would not have been possible without guidance and support from the Regulatory and Market Oversight Committee (RMOC), which is comprised of the Independent Directors of the Exchange's Board of Directors. A special note must be made for the first RMOC Chairman, Hilary Philips QC, who relinquished her post in June 2009 having been appointed an Appellate Judge of Jamaica's Appeal Court. Justice Philips worked tirelessly and with devotion to establish the framework of the RMOC and RMOD and the baton has been passed to Chairman Livingstone Morrison, who is keen on reinforcing the institutional framework of the JSE's regulatory operations. Ms. Nicole Lambert replaced Justice Philips as the Bar Association of Jamaica's representative and in this capacity; she will serve as an Independent Director and sit on the RMOC. The Exchange's regulatory affairs were also advanced due to support from entities such as the Companies Office of Jamaica, the Institute of Chartered Accountants of Jamaica and most importantly the team of officers within the RMOD, as well as the wider Exchange.

In 2010, the RMOD's areas of focus will centre on advancing its institutional structure by strengthening its operational capacity and creating stronger association with support entities both locally and overseas. Additionally, there will be a concerted drive to advance public awareness of the RMOC/RMOD's affairs. In closing, it is safe to say that the coming year will have new challenges and by all account, the JSE's regulatory activities will have to continue standing tall. In this regard, the RMOD will be guided by the maxim: “Act, Learn and Refine” as it stays focused in fulfilling its general purpose of market regulation and oversight for the Exchange's affairs.

1. Developing new rules such as: Management Discussion & Analysis, Complaint Management System Guidelines, the Regulatory and Market Oversight Committee and Disciplinary Proceedings.2. Creating a Logo and Tagline for the Division, developing the RMOD's Newsletter and implementing an Automated Market Surveillance System for the Exchange;3. Undertaking member-dealers' standard and special inspections; and streamlining their reporting requirements to fully satisfy market requirements.

Jamaica Stock Exchange Regulatory Functions (Cont’d)

21

A REVIEW OF STOCK MARKET ACTIVITY IN 2009


The year 2009 brought about many interesting stories as economies struggled to recuperate, investors sought good returns within a hostile environment and governments shuffled to put in place the best monetary policies to strengthen currency and stabilize their countries’ economies. There were many highlights for the Jamaican economy during 2009; the government entered into discussion with the International Monetary Fund to lend us US$1.25 billion; the reform of the country’s budget and three tax packages for the calendar year in an effort to minimize government spending and increase revenues to cover government expenditure; global bond ratings being slashed by Standard & Poor and Moody's Credit Rating agencies; the unemployment rate skyrocketed when companies moved to restructure their organizational charts to operate more efficiently.

During the third quarter ended September 2009, the central bank continued to decrease interest rates on open market instruments in an effort to continue on the path in achieving a stabilized exchange rate, a strong net international reserve account and positive trends in inflation rate. Streamlining towards the year end, the exchange rate was relatively stable as there was a fair increase of $9.1346 or 11.35 percent to close the year at $89.6059; net international reserves slightly declined by US$36.59 million, closing with US$1,736.35 million when compared to 2008 and the inflation rate for the calendar year closed with 10.2 percent, a decrease of 6.6 percent when compared to the 16.8 percent recorded in 2008.

Indices

The trading year started out with values of the JSE Main Index, All Jamaican Composite Index and the JSE Select Index being 80,152.02 points, 73,994.96 points and 1,984.74 points, respectively. However, the JSE Main Index advanced by 3,169.94 points or 3.95% to close at 83,321.96 points whilst the JSE Select Index and the All Jamaican Composite Index declined. The JSE Select Index fell by 88.69 points or 4.47% to close at 1,896.05 points and the All Jamaican Composite Index declined by 2,999.16 points or 4.05%, closing at 70,995.77 points.

The JSE Cross Listed Index and JSE Junior Market Index were introduced on February 2, 2009 and March 2, 2009, respectively. The latter, however, did not become active until October 30, 2009 with the listing of the first company on that date. The Cross Listed Index declined by 37.08 points or 3.71%, closing at 962.92 points whilst the Junior Market Index advanced by 50.01 points or 50.01% to close at 150.01 points.

Economic Overview

The period under review reflects that the three main indices recorded their highest value in January 2009; such values of JSE Index, All Jamaican Composite Index and the JSE Select Index were 87,501.69 points, 76,296.00 points and 2,084.99 points, respectively. It was however noted that the lowest values of the JSE Index and All Jamaican Composite Index were recorded in April 2009 with values 78,482.98 points and 60,952.64 points, respectively, whilst the JSE Select Index recorded its lowest value in March 2009 with 1,630.03 points. The Cross Listed Index maintained its highest value of 1,000 points during February 2 and March 6, 2009 and recorded its lowest value of 887.63 points in November 2009. The Junior Market Index' lowest value is the same as its opening value due to continuous increases since it commenced at 100 points, whilst its highest value closed the year with 150.01 points.

The JSE Index registered its highest one day loss by 2,596.47 points, with a percentage of 3.09% on November 18, 2009. The JSE Index achieved its highest one day appreciation of 3.64%, increasing by 2,949 points on November 23, 2009. In reference to the monthly changes, the JSE Index suffered its greatest loss in March with a decline of 4,068.80 points or 4.90% and in January the index had appreciated by 7,054.87 points or 8.80%.

The All Jamaican Composite Index recorded its highest one day percentage increase of 3.77% or 2,484.49 points on November 9, 2009. The index' largest one day percentage declined by 6.14% on February 11, 2009, with a difference of 4,469.82 points. On a monthly basis the index achieved its highest increase in May, by 6,110.14 points or 9.75%. The All Jamaican Composite Index however suffered its highest monthly decline of 7,626.83 points or 10.07% as at the end of February.

The JSE Select Index recorded its highest one day percentage loss by 7.43% on February 11, 2009, a difference of 145.13 points when compared to the previous trade day. The Index however attained its highest one day percentage increase of 4.59%, on November 9, 2009, reflecting an increase of 83.06 points. The JSE Select index gained 179.18 points or 10.54% at the end of May, indicating the highest monthly appreciation, whilst at the end of March the Index suffered its greatest monthly decline of 227.03 points or 12.19%.




22

A REVIEW OF STOCK MARKET ACTIVITY IN 2009 (Cont’d)


The newly introduced Cross Listed Index recorded its highest one day loss of 90.79 points or 9.28% on November 18, 2009 and highest one day appreciation of 74.97 points or 8.45% within the same month, which was on November 23, 2009. Since its inception the Cross Listed Index experienced its highest monthly decline of 18.02 points or 1.83% in June 2009 and recorded its highest one month appreciation in August with 12.85 points or 1.35%.

The Junior Market Index two-month’s activity indicates that December 2009 was the higher monthly increment of 24.60 points or 19.61% when compared to the previous month, November 2009.

Trading Activity

During the year under review, trading volume, value and transactions all declined significantly due to the downturn in the economy over the past years, as well as increases in interest rates on government papers. The total trading volume for ordinary transactions declined by 14,283 or 47.11% when compared to the 2008 corresponding period, which recorded a total of only 16,029 transactions. During the 253 days trading period 1.66 billion ordinary units valued at $11.51 billion traded, represented a decline by 0.63 billion units or 27.60% in volume and $12.87 billion or 52.77% in value when compared to the previous year ended December 2008.

As at December 31, 2009, the total volume traded in the block market amounted to 102.74 million units arising from 70 block transactions valued at $12.19 billion. The average daily volume and value for the period under review was 6.57 million and $45.51 million, respectively, indicating reductions in the average daily volume and value of 2.61 million or 28.43% and $52.00 million or 53.33% when compared to the corresponding period in 2008.

JSE Monthend Index Values for the one year period

ended December 31, 2008 & 2009

The advanced/ decline ratio, a method used to determine the movement in prices of listed companies, depicts bearish performances during the one year trading period as 18 companies appreciated in prices and 19 decreased. When compared to the 2008 corresponding period, 10 more companies had appreciation in prices whilst 11 had depreciation as at the end of December 2009.

Of the eighteen stocks that experienced price appreciation, only one company experienced appreciation of 100%, whilst two companies experienced increases of over 50%. These companies were Ciboney Limited, which advanced by 100%, Jamaica Broilers Group Limited which advanced by 55.00% and Pan Caribbean Financial Services by 50.83%. The other advancers and top decliners for the year ended December 31, 2009 are stated in table 1.

Volume leaders for the year were: Supreme Ventures Limited with over 651 million units traded, valued at $1.47 billion, National Commercial Bank Jamaica Limited traded over 230 million shares valued at $3.25 billion and Pan Caribbean Financial Services Limited with over 186 million units traded with a value of $2.63 billion. All three stocks represent the top leaders in reference to the companies with the highest traded value.

On March 2, 2009 the closing price method was changed from last sale price method to a weighted average price method in an effort to reduce the manipulation of stock prices in the market. The Weighted Average Price (WAP) is a measure of the price at which all the day's trading in a given security took place. WAP is calculated by taking the weighted average of the prices of each trade.

Po

ints


Top 10 Winners & Losers for the year ended December 31, 2009

The table below shows the top ten winners and losers change in percentage by price movement for the year ended December 31, 2009.

Winners

Losers

Ciboney Group

100.00%

Hardware & Lumber

(65.00%)

Jamaica Broilers Group

55.00%

Jamaica Money Market Brokers

(45.58%)

Pan Caribbean Financial Services

50.83%

Berger Paints (Jamaica)

(40.00%)

Pan Jamaican Investment Trust

44.00%

First Caribbean Intl Bank Jamaica

(39.52%)

Sagicor Life Jamaica

25.36%

Kingston Wharves

(35.83%)

Montego Freeport

22.58%

Lascelles, deMercado & Co

(34.73%)

Salada Foods Jamaica

19.23%

Radio Jamaica

(33.00%)

First Caribbean International Bank

17.94%

Gleaner Company

(32.95%)

Pegasus Hotel

17.59%

Cable & Wireless (Jamaica)

(24.00%)

Jamaica Producers Group

12.57%

Mobay Ice Company

(21.65%)

Market Developments for the year ended December 31, 2009

Cross Listed Group

The Cross Listed Index which was introduced on February 2, 2009, tracks the performance of the four cross listed companies listed on the JSE, those stocks that originated from either the Barbados Stock Exchange & Trinidad Stock Exchange. These companies include FirstCaribbean International Bank, Guardian Holdings Limited, Sagicor Financial Corporation and Trinidad Cement Limited. Sagicor Financial Corporation was later delisted and is no longer included in the calculation of the cross listed index.

The Junior Market was launched on April 2, 2009 but there were no companies listed at the time of the launch. Access Financial Services Limited was the first Junior Market listing on October 30, 2009. The JSE continues to work with those small and medium sized businesses that wish to be listed. The JSE has collaborated up with Jamaica Trade & Invest Limited to assist these companies in an effort to shape their organizational, financial and transparency framework to satisfy the listing requirements.

Barita Investments Limited has applied for listing on the regular market with a combined share offer of 100,000,000 Series A Redeemable Cumulative Variable Rate Preference Shares, 100,000,000 Series B Convertible Cumulative Variable Rate Preference Shares and 200,000,000 Ordinary Shares. The IPO was opened on December 7 and closed on December 15. The public participated by taking up 99.99% of the Series A Redeemable Cumulative Variable Rate Preference Shares, 4.54% of the Series B Convertible Cumulative Variable Rate Preference Shares and 19.63% of the Ordinary Shares. The Offers raised a total of $407,241,200. Listing will take place at the beginning of the next year.

Goodyear Jamaica Limited was delisted on July 20, 2009 after being suspended on December 22, 2008 due to the company participating in a winding up process. Sagicor Financial Corporation delisted on September 16, 2009 due to low trading activity in the Company's shares.


JSE Junior Market

Main Market Listing

Delisting

50

10

,05

0

20

,05

0

30

,05

0

40

,05

0

50

,05

0

60

,05

0

70

,05

0

80

,05

0

90

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0

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Dec-69Dec-70Dec-71Dec-72Dec-73Dec-74Dec-75Dec-76Dec-77Dec-78Dec-79Dec-80Dec-81Dec-82Dec-83Dec-84Dec-85Dec-86Dec-87Dec-88Dec-89Dec-90Dec-91Dec-92Dec-93Dec-94Dec-95Dec-96Dec-97Dec-98Dec-99Dec-00Dec-01Dec-02Dec-03Dec-04Dec-05Dec-06Dec-07Dec-08Dec-09



Points

Ye

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25

MARKET ACTIVITY - A Five Year History

TRADING VALUE (JA$000's) 2009 2008 2007 2006 2005


BANK OF NOVA SCOTIA +

BERGER PAINTS JAMAICA

CABLE & WIRELESS (JA) #

CAPITAL & CREDIT FINANCIAL GROUP

CAPITAL & CREDIT MERCHANT BANK +

CARIBBEAN CEMENT COMPANY

CARRERAS LIMITED

CIBONEY GROUP

CMP INDUSTRIES +

COURTS (JAMAICA) +

DESNOES & GEDDES

DYOLL GROUP LIMITED +

FIRST CARIBBEAN INTERNATIONAL@

FIRST CARIBBEAN INTERNATIONAL JAMAICA^

FIRST JAMAICA INVESTMENTS

GLEANER COMPANY

GOODYEAR (JAMAICA) LIMITED +

GRACEKENNEDY LIMITED

GUARDIAN HOLDINGS LTD

HARDWARE & LUMBER+

ISLAND LIFE INSURANCE

JAMAICA BROILERS GROUP

JAMAICA MONEY MARKET BROKERS

JAMAICA PRODUCERS GROUP

KINGSTON PROPERTIES LIMITED

KINGSTON WHARVES LIMITED

LASCELLES de MERCADO

MAYBERRY INVESTMENTS

MONTEGO BAY ICE COMPANY

MONTEGO FREEPORT+

NCB GROUP

NATIONAL COMMERCIAL BANK LTD

PALACE AMUSEMENT

PAN CARIBBEAN FINANCIAL SERVICES LIMITED

PAN JAMAICAN INVESTMENT TRUST

PEGASUS HOTELS

PULSE INVESTMENTS LIMITED

RADIO JAMAICA

RBTT FINANCIAL HOLDINGS +

SAGICOR FINANCIAL CORPORATION +

SAGICOR LIFE JAMAICA

SALADA FOODS

SCOTIA DBG INVESTMENTS

SCOTIA GROUP JAMAICA

SEPROD LIMITED

SUPREME VENTURES LTD

TRINIDAD CEMENT LTD+

UNION BANK +

WEST INDIES PULP & PAPER

TOTAL ORDINARY VALUE

3,553

72,193

28,951

36,963

379,426

451

71,619

55,286

2,745

64,381

62,331

500,484

3,668

2,963

304,661

38,608

287,132

22,075

4,812

182,114

43,092

264

4,469

3,249,097

252

2,626,323

180,159

4,034

11,036

24,496

130

157,868

73,950

187,267

858,137

395,049

1,466,618

16,595

11,423,252

20,747

369,839

49,821

47,191

204,709

926,795

461

13

666,077

659,239

6,873

479,497

274,705

12,658

2,217,789

397,159

57,395

1,184,979

254,503

424,437

1,011

26,813

2,127,795

421,687

2,529

16,565

4,776,730

2,751

303,850

1,034,071

25,627

186,677

137,564

287,531

612,434

747,313

103,461

679,332

2,321,558

367,860

1,270,834

358,104

24,066,984

834,614

40,538

388,569

254,589

331,269

1,034,053

526

2,268

473,293

498,532

576

270,490

15,311

584,794

458,606

6,167

1,711,549

271,416

25,789

-

577,502

185,431

398,297

67,929

9,290,409

1,568,576

109

14,386

-

2,504,391

170

270,736

3,035,601

18,420

7,114

107,559

215,553

589,328

122,762

404,914

1,406,125

346,937

589,291

69,407

-

-

28,993,896

1,734,928

96,326

292,093

260,819

305,288

328,531

2,089

437

9,169,807

441,462

5,267

50,657

17,423

361,122

182,258

13,201

1,274,816

211,450

39,973

-

973,594

500,648

374,812

91,997

1,865,515

250,773

65

8,288

-

3,001,331

146

3,079,976

519,306

16,380

25

125,177

358,546

964,197

6,331

5,622,802

800,755

3,541,251

136,194

-

-

37,026,056

3,641,821

56,289

496,310

714,924

468,241

638,777

3,770

203

356,518

1,095,418

104,013

60,072

23,463

882,726

391,007

34,643

1,652,120

72,975

109,509

-

853,508

491,365

403,020

656,554

3,487,036

1,786,325

137

18,875

-

2,128,990

533

14,771,841

1,307,061

7,703

147,291

530,331

1,883,459

4,239

1,225,568

201,123

38,076

-

-

40,745,834

26


TRADING VALUE (JA$000's) * 2009 2008 2007 2006 2005

(Cont’d.)


BANK OF NOVA SCOTIA JAMAICA VAR. PREFERENCECABLE & WIRELESS (JA) 5.5% #CABLE & WIRELESS (JA) 6% #CAPITAL & CREDIT MERCHANT BANK VAR PREJAMAICA LIVESTOCK ASSN. 7.5%JAMAICA MONEY MARKET BROKERS 12%JAMAICA MONEY MARKET BROKERS 12.25%JAMAICA MONEY MARKET BROKERS 12.15%JAMAICA PUBLIC SERVICE 5% CJAMAICA PUBLIC SERVICE 5% DJAMAICA PUBLIC SERVICE 6%JAMAICA PUBLIC SERVICE 7%JAMAICA STOCK EXCHANGE VAR PREFLASCELLES de MERCADO 6%MAYBERRY INVESTMENTS 12%NCB CAPITAL MARKETS 11.75%PAN CARIBBEAN FIN SERV 12.5%UNION BANK 20% +UNION BANK 25% +TOTAL PREFERENCE+BOND VALUE

1,138

0602

1,3456,102

58,42976

0

3,995

5,6526,3457,442

91,126

1,699

4884

4,8525,119

150,887444

3944

56936

79,11948,98619,852

312,471

12,712-5

738

----

-13,69426,378

--

53,527

-8

1,220

-2217

-

-

13,663

--

14,930

610

774

2261811

-

--

847

TOTAL VALUEAnnual % Change

11,514,378-52.77%

24,379,455-16.07%

29,047,423-21.58%

37,040,986-9.09%

40,746,68113.20%

* Market Value includes Block Transactions# Formerly Telecommunications of Jamaica (TOJ)+ Delisted @Formerly CIBC WI Holdings^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009Sagicor Financial Corporation was delisted on September 16, 2009Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009Dehring Bunting & Golding name changed to Scoita DBG Investments Limited in 2008Life of Jamaica Limited name changed to Sagicor Life Jamaica Limited in 2008

FCIB, 33%

SGJ, 11%,

GHL, 11%

NCBJ7%

SLJ, 5%

LAS, 4%

TCL, 3%CAR, 3% GK, 2% PCFS, 2%

Top Ten Market Capitalizationas at Dec. 31, 2009

27


TRADING VOLUME (000's) 2009 2008 2007 2006 2005


BANK OF NOVA SCOTIA +

BERGER PAINTS JAMAICA

CABLE & WIRELESS (JA) #


CAPITAL & CREDIT MERCHANT BANK +


CARRERAS LIMITED

CIBONEY GROUP

CMP INDUSTRIES +

COURTS (JAMAICA) +

DESNOES & GEDDES

DYOLL GROUP +

FIRST CARIBBEAN INTERNATIONAL@

FIRST CARIBBEAN INTERNATIONAL JAMAICA^


GLEANER COMPANY

GOODYEAR (JAMAICA) +


GUARDIAN HOLDINGS LTD

HARDWARE & LUMBER

ISLAND LIFE INSURANCE +

JAMAICA BROILERS GROUP



KINGSTON PROPERTIES LIMITED

KINGSTON WHARVES LIMITED

LASCELLES deMERCADO & CO


MONTEGO BAY ICE COMPANY

MONTEGO FREEPORT

NCB GROUP +

NATIONAL COMMERCIAL BANK JA. LTD

PALACE AMUSEMENT

PAN CARIBBEAN FINANCIAL SERVICES


PEGASUS HOTELS

PULSE INVESTMENTS LTD.

RADIO JAMAICA

RBTT FINANCIAL HOLDINGS +

SAGICOR FINANCIAL CORPORATION +


SALADA FOODS



SEPROD LIMITED


TRINIDAD CEMENT LTD

UNION BANK @ +

WEST INDIES PULP & PAPER +

WORKERS BANK +

TOTAL ORDINARY VOLUME

2,310

170,995

8,821

9,384

9,423

8,745

19,032

465

197

2,706

50,134

11,346

13

454

76,569

7,153

14,206

3,377

1,837

617

22,800

17

2,448

230,630

4

186,932

5,537

258

2,028

10,913

1

27,279

4,938

11,976

49,955

24,963

651,315

300

1,630,078

7,323

503,462

8,220

4,764

22,459

13,291

15,211

3

97,069

4,767

297

13,149

86,755

2,832

28,210

1,383

3,756

226,205

22,029

14,219

197

3,904

4,317

102,425

132

7,010

224,884

73

15,379

20,708

1,739

35,859

39,728

712

2,758

96,823

2,285

28,284

101,023

23,097

403,007

3,651

2,193,399

33,207

12,677

459,390

24,930

35,686

17,583

18,834

623

118,209

65,251

709

2,109

693

17,047

185,683

853

27,457

1,005

1,727

-

128,269

17,610

13,212

8,842

25,318

562,380

10

6,932

-

112,226

5

13,314

68,478

1,595

3,204

29,464

560

76,100

3,602

16,762

64,616

22,790

211,603

858

-

-

-

2,411,423

82,715

31,019

303,175

16,966

47,327

8,410

32,631

209

2,293,934

53,563

6,245

420

885

10,695

90,798

1,157

19,895

930

2,573

-

307,048

35,712

10,439

15,237

8,300

103,566

6

4,656

-

180,386

5

189,133

12,119

1,275

11

24,059

1,006

126,293

250

229,411

51,470

1,328,544

2,018

-

-

-

5,634,491

132,618

11,757

323,534

25,383

34,488

18,875

40,129

86

85,501

129,190

7,236

490

1,269

18,299

127,980

3,083

14,782

181

4,090

-

162,491

30,559

11,107

127,470

12,910

312,871

12

7,715

-

108,069

10

467,333

20,394

730

23,662

1,318

166,604

205

51,145

13,440

392

-

-

-

2,497,408

28


(Cont’d.)

TRADING VOLUME (000's) 2009 2008 2007 2006 2005


BANK OF NOVA SCOTIA JAMAICA VAR. PREF.CABLE & WIRELESS (JA) 5.5% #CABLE & WIRELESS (JA) 6% #CAPITAL & CREDIT MERCHANT BANKJAMAICA MONEY MARKET BROKERS 12%JAMAICA MONEY MARKET BROKERS 12.25%JAMAICA MONEY MARKET BROKERS 12.15%JAMAICA LIVESTOCK ASSN. 7.5%JAMAICA PUBLIC SERVICE 5% CJAMAICA PUBLIC SERVICE 5% DJAMAICA PUBLIC SERVICE 6%JAMAICA PUBLIC SERVICE 7%JAMAICA STOCK EXCHANGE VAR PREFLASCELLES deMERCADO 6%MAYBERRY INVESTMENTS 12%NCB CAPITAL MARKETSPAN CARIBBEAN FIN SERV 12.5%UNION BANK 20% @ + UNION BANK 25% @ +

TOTAL PREFERENCE+BOND VOLUME

TOTAL VOLUMEAnnual % Change

834

0341

2,72321,346

24575

0

1,836

2,0112,351

39

32,081

1,662,158-27.58%

1,221

9

1,95552,412

1412,020

7251010

2681

26,35617,130

99

101,664

2,295,063-5.69%

8,760-

10

289--1-

-4,4398,564

--

22,063

2,433,486-56.85%

15

517

6442

1

4,281

4,920

5,639,411 125.75%

1120

4366

744528

620

2,498,028 -51.91%

+ Delisted# Formerly Telecommunications of Jamaica (TOJ)@Formerly CIBC WI Holdings^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009Sagicor Financial Corporation was delisted on September 16, 2009Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009Dehring Bunting & Golding name changed to Scoita DBG Investments Limited in 2008Life of Jamaica Limited name changed to Sagicor Life Jamaica Limited in 2008

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MONTH-END STOCK PRICE 2009

Ordinary Shares

January February March April May


BERGER PAINTS LTD

CABLE & WIRELESS (JA.) LTD.



CARRERAS GROUP

CIBONEY GROUP LTD

DESNOES & GEDDES

FIRST CARIBBEAN INTERNATIONAL BANK

FIRST CARIBBEAN INTER. BANK JAMAICA


GLEANER COMPANY

GOODYEAR JAMAICA

GRACEKENNEDY LTD.

GUARDIAN HOLDINGS LTD.

HARDWARE & LUMBER

JA. BROILERS' GROUP


JA. PRODUCERS GROUP

KINGSTON PROPERTIES LTD

KINGSTON WHARVES

LASCELLES DEMERCADO


MONTEGO BAY FREEPORT

MONTEGO BAY ICE

NATIONAL COMMERCIAL BANK JA

PALACE AMUSEMENT



PEGASUS HOTELS

PULSE INVESTMENTS

RADIO JAMAICA

SAGICOR FINANCIAL CORPORATION


SALADA FOODS JA.



SEPROD LIMITED

SUPREME VENTURES LTD.

TRINIDAD CEMENT LIMITED

2.02

0.50

4.00

4.50

52.00

0.03

4.15

122.00

21.00

22.07

1.70

3.26

44.00

320.00

9.01

3.62

5.00

15.05

4.65

4.75

449.99

2.10

1.65

16.00

17.00

61.00

15.00

35.00

17.50

5.50

2.50

260.00

5.70

8.80

15.00

16.50

16.20

2.90

80.00

1.90

0.40

3.40

4.00

43.00

0.05

3.85

122.00

20.00

23.20

1.65

3.26

43.00

320.00

9.00

3.26

5.00

16.00

4.50

3.90

400.00

2.00

1.55

16.00

15.49

60.00

12.50

28.50

15.00

5.45

2.15

260.00

5.00

11.50

16.20

15

13.50

2.01

80.00

1.80

0.45

3.95

3.60

37.76

0.05

3.90

120.00

20.00

19.04

1.53

3.26

39.90

320.00

5.10

3.50

6.00

16.07

4.50

3.05

300.01

1.95

1.55

16.00

12.22

60.00

12.34

24.75

15.00

5.45

3.00

260.00

4.20

10.28

13.00

14.15

14.75

2.50

80.00

1.78

0.43

4.00

4.08

39.00

0.05

3.90

119.97

20.00

19.00

1.55

3.26

43.01

320.00

5.10

3.19

6.00

15.00

4.50

2.60

300.00

1.90

1.55

16.00

12.39

60.00

13.00

26.00

13.50

5.00

2.00

260.00

4.18

10.65

13.00

16.00

13.80

2.12

80.00

1.78

0.48

3.75

4.50

40.43

0.07

4.00

118.99

20.00

23.50

1.53

3.26

49.52

320.00

5.00

3.42

5.00

15.05

4.50

2.85

310.00

1.95

1.80

16.00

14.37

60.00

15.17

36.00

12.51

5.44

1.78

260.00

5.02

11.00

17.00

17.99

15.01

2.00

80.00

31


June July August September October November December

(Cont’d.)


1.60

0.44

4.36

4.60

41.01

0.04

4.00

118.99

15.00

25.50

1.35

3.26

48.03

320.00

5.50

3.41

4.51

15.00

4.50

2.80

310.00

1.90

2.28

16.00

13.00

60.00

15.49

35.49

12.54

5.44

1.73

260.00

4.78

8.90

16.06

17.22

15.10

2.08

55.25

1.60

0.40

4.04

3.61

40.78

0.04

3.90

116.00

13.39

24.00

1.36

45.50

320.00

6.00

3.86

4.19

14.11

4.50

2.70

300.00

1.84

2.01

16.00

13.04

60.00

14.51

33.23

12.54

5.48

1.60

260.00

5.04

8.50

15.72

16.80

14.20

2.00

55.25

1.60

0.38

4.06

3.40

41.30

0.04

4.10

118.89

13.00

23.24

1.41

46.51

320.00

4.90

3.95

4.00

15.01

4.50

2.31

280.00

1.81

2.11

16.00

13.08

60.00

13.10

33.96

12.54

5.48

2.05

260.00

4.97

9.50

16.40

17.02

16.00

2.15

55.25

1.50

0.36

2.92

3.99

44.45

0.04

3.61

118.88

12.75

26.00

1.45

42.46

320.00

4.91

4.24

4.10

14.01

4.50

2.30

280.00

1.72

1.91

16.00

13.00

60.00

13.19

33.00

12.51

5.48

2.50

5.20

7.51

16.12

17.48

15.50

2.10

57.00

1.30

0.37

2.50

3.70

43.54

0.04

3.81

118.00

12.75

26.50

1.22

39.00

320.00

4.91

4.34

4.01

13.50

4.50

1.90

250.00

1.62

1.98

16.00

13.10

60.00

14.30

32.49

12.51

5.45

2.25

6.40

10.00

17.50

17.87

15.50

2.01

72.00

1.15

0.37

3.09

3.65

38.99

0.06

3.51

117.95

12.90

28.01

1.16

40.02

299.50

4.21

4.42

4.00

18.82

6.70

2.03

251.00

1.73

1.80

16.00

13.09

60.00

21.37

38.50

20.00

5.45

1.95

7.00

14.97

23.76

20.96

19.00

2.00

72.00

1.20

0.38

4.41

4.00

35.02

0.10

3.42

117.94

12.70

27.97

1.16

40.50

299.50

3.50

4.96

4.00

25.89

5.00

3.08

250.00

1.99

1.90

15.67

16.00

60.00

18.10

36.00

19.99

5.44

2.01

7.02

15.50

16.62

19.57

18.00

2.01

72.00

32



Preference Shares(Cont’d.)


Bank of Nova Scotia

CWJA 5.50 %

CWJA 6 %

CCMBVP

Jamaica Livestock Association 7.5%

JMMB Limited 12%

JMMB Limited 12.15%

JMMB Limited 12.25%

J.P.S 5% C

J.P.S 5% D

J.P.S 6%

J.P.S 7%

JSEVP

Las deM 15%

Las deM 6%

Mayberry Investments Ltd. 12%

NCB Capital Markets 11.75%

P.C.F.S. 12.5%

PAN JAM 10% CCR

1.15

0.50

0.50

1.80

2.55

2.16

3.15

2.35

0.36

0.35

0.40

0.39

2.10

20.00

25.01

2.90

2.99

20.00

0.00

1.50

0.50

0.50

0.98

2.55

2.16

3.15

2.25

0.36

0.35

0.40

0.39

2.10

20.00

25.01

2.08

2.75

200.00

0.00

1.32

0.50

0.50

2.00

2.55

2.16

3.15

2.40

0.36

0.35

0.40

0.39

2.18

20.00

25.01

2.22

2.60

200.00

0.00

1.49

0.50

0.50

2.03

2.55

2.16

3.15

2.47

0.36

0.35

0.40

0.39

2.30

20.00

25.01

2.25

2.51

200.00

0.00

1.55

0.50

0.50

2.04

2.29

2.16

3.15

2.50

0.36

0.35

0.40

0.39

2.30

20.00

25.01

3.05

2.64

200.00

0.00

@Formerly CIBC WI Holdings^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009Sagicor Financial Corporation was delisted on September 16, 2009Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009

33


June July August September October November December

To be held at The Jamaica Pegasus Hotel

on Wednesday, December 8, 2010

Best Practices

Awards 2009

(Cont’d.)


1.60

0.50

0.50

2.04

2.45

2.21

3.15

2.50

0.36

0.35

0.40

0.39

2.60

20.00

25.01

3.09

2.61

200.00

0.00

1.33

0.50

0.50

2.03

2.40

2.22

3.15

2.31

0.36

0.35

0.40

0.39

2.30

20.00

25.01

2.63

2.72

190.00

0.00

1.28

0.50

0.50

2.03

2.40

2.25

3.12

2.40

0.36

0.35

0.40

0.39

2.01

20.00

25.01

2.52

2.70

190.00

0.00

1.30

0.50

0.50

1.80

2.40

2.25

3.12

2.44

0.36

0.35

0.40

0.39

2.05

20.00

25.01

2.60

2.61

199.00

0.00

1.20

0.50

0.50

1.75

2.40

2.25

3.12

2.63

0.36

0.35

0.40

0.39

2.06

20.00

25.01

2.60

2.67

199.00

0.00

1.26

0.50

0.53

1.55

2.40

2.26

3.12

2.48

0.36

0.35

0.40

0.39

2.20

20.00

25.01

2.80

2.70

199.00

0.00

1.12

0.50

0.53

1.55

2.40

2.27

3.12

2.53

0.36

0.35

0.40

0.39

2.00

20.00

25.01

2.80

2.70

199.00

0.00

34

Last 2009 Sale Price BID ASK


Last 2007Sale Price BID ASK



Year-End Closing Stock Price Quotation

ORDINARY SHARES

1.20

0.38

4.41

4.00

5.00

35.02

0.10

3.42

117.94

12.70

27.97

1.16

40.50

299.50

3.50

4.96

4.00

25.89

3.08

250.00

1.99

1.90

15.67

16.00

60.00

18.10

36.00

19.99

5.44

2.01

250.00

7.02

15.50

16.62

19.57

18.00

2.01

72.00

1.20

0.39

2.81

3.72

4.00

35.00

0.05

3.36

13.50

26.50

1.16

40.03

210.00

3.50

4.97

4.00

23.00

3.00

250.00

1.85

1.85

13.00

15.10

31.00

15.00

34.70

15.50

4.08

2.01

150.00

6.80

14.00

16.60

19.00

18.01

2.01

0.00

3.00

0.44

4.50

4.00

5.00

37.50

0.10

3.70

118.90

21.00

30.75

1.29

40.50

225.00

4.99

5.00

26.00

3.30

320.00

1.99

1.90

16.00

15.99

19.50

36.00

19.00

5.30

2.55

260.00

7.00

15.80

19.31

20.39

21.00

2.25

71.90

2.00

0.50

5.28

3.95

4.65

35.00

0.05

4.05

100.00

21.00

25.00

1.73

3.26

43.50

320.00

10.00

3.20

7.35

23.00

4.80

383.00

2.00

1.55

20.00

18.00

61.00

12.00

25.00

17.00

5.20

3.00

218.00

5.60

13.00

15.00

17.50

17.80

2.50

80.00

2.00

0.40

4.00

9.06

3.50

4.05

35.00

0.01

4.25

3.99

100.00

20.51

24.00

1.50

3.00

43.00

250.00

10.00

3.00

6.00

15.20

4.70

383.00

2.00

1.50

15.00

13.00

31.00

12.00

22.50

10.65

2.41

2.70

351.00

210.00

4.90

6.20

12.00

15.25

14.01

2.00

80.00

3.50

0.83

9.40

12.25

10.99

6.01

91.99

0.06

4.25

8.10

160.00

28.00

43.20

4.30

5.99

95.00

360.00

20.00

7.30

16.10

40.00

8.00

610.00

5.15

3.50

20.22

24.95

61.00

24.00

59.95

22.50

8.00

4.25

455.00

248.00

9.10

150.00

31.00

29.90

21.00

4.00

115.00

23.55

3.00

0.67

9.60

9.75

69.00

0.01

4.25

4.25

7.00

0.26

152.00

27.00

41.00

4.30

4.92

71.50

290.00

16.00

4.50

11.00

35.05

7.65

565.00

4.90

1.60

13.20

22.95

31.45

20.00

50.00

10.65

2.60

3.60

390.00

8.15

44.00

23.75

21.40

14.04

2.82

94.00

23.50

3.01

0.62

9.60

9.21

68.00

0.01

3.55

0.00

6.99

0.00

150.00

25.50

39.50

4.20

4.95

71.00

250.00

18.00

4.55

9.66

37.00

7.56

565.00

4.85

1.60

13.80

22.80

0.00

20.50

49.50

10.05

2.35

3.60

352.00

8.00

55.00

23.25

21.40

14.04

2.72

81.00

23.55

3.40

0.67

10.00

9.75

73.00

0.04

4.25

0.00

7.00

0.00

152.00

27.00

40.00

4.30

5.20

71.50

300.00

18.40

4.69

11.00

38.49

7.95

570.00

4.90

2.00

16.00

22.99

0.00

20.99

50.00

13.50

0.00

3.63

0.00

8.15

60.00

23.99

21.50

14.99

2.82

94.50

26.06

4.20

1.01

18.50

9.64

54.00

0.07

2.10

4.00

9.12

0.90

120.01

26.00

41.00

1.99

8.50

63.50

240.00

18.00

5.00

14.10

43.90

7.94

275.10

4.00

2.08

6.56

23.65

31.45

23.00

56.50

13.90

2.36

4.70

390.00

9.00

40.00

28.00

16.00

1.80

84.50

26.06

4.10

1.01

15.01

9.20

53.60

0.04

1.90

0.00

9.00

0.90

120.01

0.00

39.00

1.96

8.50

62.91

265.00

17.20

4.90

13.50

39.00

7.80

275.10

3.89

2.06

7.01

23.65

0.00

22.05

56.75

13.00

0.00

4.60

360.00

8.81

31.51

27.80

16.05

1.77

70.00

26.50

5.09

1.11

17.00

9.64

55.00

0.06

2.00

4.10

9.25

1.03

0.00

25.90

41.00

1.98

9.00

63.50

0.00

18.00

5.00

15.00

43.90

7.94

280.00

3.90

2.20

16.00

23.85

31.43

23.00

57.00

14.00

3.00

4.70

405.00

9.00

38.00

28.00

17.00

1.80

84.50

22.50

3.78

1.48

22.50

9.50

36.00

0.09

2.40

4.50

10.20

1.85

123.20

18.01

43.00

2.60

11.13

87.45

360.00

18.00

4.09

16.00

34.51

6.00

228.00

3.70

1.95

11.50

18.50

52.70

24.30

55.00

9.00

5.70

410.00

9.86

10.01

22.50

16.00

105.00

23.00

3.74

1.41

21.05

9.55

35.65

0.07

0.00

4.40

10.20

1.86

123.20

16.00

42.01

2.62

11.12

87.45

365.00

17.60

4.00

15.60

34.50

5.80

220.00

3.80

1.91

0.00

18.50

0.00

22.55

55.00

9.05

5.61

410.00

9.86

12.00

22.50

16.00

100.00

23.10

3.78

1.48

22.50

9.85

36.50

0.10

3.00

4.50

10.45

2.00

129.00

18.50

43.50

2.65

12.75

89.00

385.00

19.00

4.09

16.49

35.00

6.00

228.00

3.99

1.95

12.50

19.00

39.00

24.25

56.00

10.08

5.70

420.00

9.95

15.00

22.70

16.20

105.00


BANK OF NOVA SCOTIA*

BERGER PAINTS

CABLE & WIRELESS (JAMAICA) LTD. +


CAPITAL AND CREDIT MERCHANT BANK*


CARLTON SAVANNAH REIT (JA) LTD

CARRERAS LIMITED

CIBONEY GROUP

CMP INDUSTRIES*

COURTS JAMAICA *

DESNOES & GEDDES

DYOLL GROUP*

FIRST CARIBBEAN INTERNATIONAL BK @

FIRST CARIBBEAN INTERNATIONAL BK JA^


GLEANER COMPANY

GOODYEAR JAMAICA*



HARDWARE & LUMBER

JAMAICA BROILERS



KINGSTON WHARVES

LASCELLES DEMERCADO & CO


MONTEGO FREEPORT

MONTEGO BAY ICE

NATIONAL COMM. BANK JAMAICA

PALACE AMUSEMENT



PEGASUS HOTELS

PULSE INVESTMENTS LTD

RADIO JAMAICA LIMITED

RBTT FINANCIAL HOLDINGS LTD*

SAGICOR FINANCIAL CORPORATION*


SALADA FOODS JAMAICA



SEPROD LIMITED


TRINIDAD CEMENT LTD.

WI PULP & PAPER*

35






Year-End Closing Stock Price Quotation

PREFERENCE SHARES

BANK OF NOVA SCOTIA JA VARIABLE PREF.CABLE & WIRELESS (JA) 5.5%CABLE & WIRELESS (JA) 6%CAPITAL & CREDIT MERCHANT BANK VAR PREFJAMAICA LIVESTOCK ASSOCIATION 7.5%JAMAICA MONEY MARKET BROKERS 12%JAMAICA MONEY MARKET BROKERS 12.25%JAMAICA MONEY MARKET BROKERS 12.15%JPS 5% CJPS 5% DJPS 6%JPS 7%JAMAICA STOCK EXCHANGE VAR PREFLASCELLES de MERCADO 15%LASCELLES de MERCADO 6%MAYBERRY INVESTMENTS 12%NCB CAPITAL MARKETS LTD 11.75%PAN CARIBBEAN FIN SERV 12.5%PAN JAM 10% CCR

1.120.500.531.552.402.272.533.120.360.350.400.392.00

20.0025.01

2.802.70

199.000.00

1.110.000.531.250.552.262.520.000.360.350.400.391.950.000.002.822.70

0.00

1.300.000.001.550.002.803.003.110.000.000.000.002.200.000.003.083.50

196.000.00

1.020.500.501.802.552.162.203.150.360.350.400.392.10

20.0025.01

2.922.50

200.000.00

1.00

0.500.831.752.002.203.100.360.350.400.392.00

25.012.502.50

200.000.00

1.70

0.502.103.993.033.203.150.360.350.400.392.60

25.013.103.00

205.000.00

1.550.500.50

4.35

0.360.350.400.40

20.0010.00

3.103.00

0.00

1.530.000.00

3.50

0.360.350.400.39

4500.0025.00

3.022.86

0.00

1.550.000.00

4.00

0.000.000.000.00

0.000.000.003.00

0.00

0.50 0.52

5.00

0.36 0.35 0.40 0.40

20.00 10.00

3.18

0.00

0.00 0.51

1.75

0.36 0.35 0.40 0.41

2000.00 1200.00

3.18

0.00

0.00 0.00

5.00

0.00 0.00 0.00 0.00

0.00 0.00

0.00

0.00

0.50 0.50

2.70

0.37 0.37 0.40 0.39

20.00 10.00

0.00

0.00 0.00

1.75

0.36 0.35 0.40 0.38

1200.00 750.00

0.00

0.00 0.00

2.60

0.00 0.00 0.00 0.00

0.00 0.00

0.00

+ Formerly Telecommunications of Jamaica (TOJ)*Delisted@ Formerly CIBC W.I Holdings^Formerly CIBC Jamaica Limited

(Cont’d.)


0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

- - - - - - - - - - - -

36






US$ DENOMINATED SECURITIES

Year-End Corporate Bond Quotation

0.00 0.000.00 0.000.00 0.000.00 0.000.00 0.000.00 0.000.00 0.000.00 0.000.00 0.000.00 0.00

0.000.000.000.000.000.000.000.000.000.00

- - -

(Cont’d.)


37

ANNUAL HIGH AND LOW STOCK PRICES

ORDINARY SHARES2009

HIGH LOW2008

HIGH LOW2007

HIGH LOW2006

HIGH LOW2005

HIGH LOW

Bank of Nova Scotia (Ja.) Ltd.*Berger Paints (Ja.) Ltd.Cable & Wireless (Ja.) Ltd.Capital & Credit Financial Group LtdCapital & Credit Merchant Bank*Caribbean Cement Co. Ltd.Carlton Savannah REIT (Ja.) LtdCarreras Group Ltd.Ciboney Group Ltd.Desnoes & Geddes Ltd.First Caribbean International@First Caribbean International Jamaica^First Jamaica Investment Ltd.Gleaner Co. Ltd.Goodyear (Ja.) Ltd.GraceKennedy Ltd.Guardian Holdings Ltd.Hardware & Lumber Ltd.Jamaica Broilers Group Ltd.Jamaica Money Market Brokers Ltd.Jamaica Producers Go. Ltd.Kingston Wharves Ltd.Lascelles de Mercado Ltd.Mayberry Investments Ltd.Montego Bay Freeport Ltd.Montego Bay Ice Ltd.National Commercial Bank Ja. LtdPalace Amusement Ltd.Pan Caribbean Financial ServicesPan Jamaican Investment TrustPegasus Hotels of Ja. Ltd.Pulse Investments Ltd.Radio Jamaica Ltd.Sagicor Financial CorporationSagicor Life Jamaica LimitedSalada Foods Ltd.Scotia DBG InvestmentsScotia Group Jamaica Ltd.Seprod Group Ltd.Supreme Ventures Ltd.Trinidad Cement Ltd.

2.050.655.00

5.006.70

52.000.104.50

122.0020.0030.00

1.84

51.05320.00

9.015.207.33

26.004.80

450.002.352.60

16.0019.5060.0021.5040.0020.00

5.503.00

260.007.50

20.5026.0023.0019.00

3.3072.00

1.100.352.05

3.203.99

35.000.033.31

116.0012.5019.00

1.10

36.00100.00

3.503.103.90

12.001.90

240.001.531.45

15.0012.0060.0012.0023.0012.51

5.001.40

260.004.007.51

12.0014.0013.00

1.7255.25

3.500.839.40

12.2510.99

6.0191.99

0.068.10

160.0028.0043.20

4.305.99

95.00360.00

20.007.30

16.1040.00

8.00610.00

5.153.50

20.2224.9561.0024.0059.9522.50

8.004.25

248.009.10

150.0031.0029.9021.00

4.00115.00

2.000.404.009.063.504.05

35.000.013.99

100.0020.5124.00

1.503.00

43.00250.00

10.003.006.00

15.204.70

383.002.001.50

15.0013.0031.0012.0022.5010.65

2.412.70

210.004.906.20

12.0015.2514.01

2.0080.00

27.894.301.12

16.9811.00

74.000.079.80

160.0039.1041.00

4.3011.0074.00

310.0017.75

5.5014.2642.00

8.00575.00

5.182.99

13.2024.5131.4524.5053.5013.50

2.604.60

9.0070.0028.4923.9819.35

3.70105.00

23.012.900.58

9.008.09

48.010.015.65

110.0017.5028.00

1.334.90

53.01207.00

13.003.609.00

22.107.07

225.002.121.507.00

19.5231.0017.0039.01

9.802.002.75

6.6028.5018.0519.5112.00

1.5166.00

27.504.201.48

22.0010.00

55.000.11

10.40135.00

26.0041.02

2.6513.5089.00

360.0019.00

5.3018.2046.00

9.00299.99

4.392.50

11.5025.0031.4527.5058.2015.002.365.75

10.0044.0028.89

18.354.08

100.00

17.052.600.62

10.003.70

33.500.037.01

106.0015.0028.00

1.687.06

50.00190.00

12.002.509.45

28.014.85

170.081.651.306.51

13.8231.4513.5035.00

8.502.303.85

6.3110.0014.51

11.101.55

65.25

34.007.302.00

35.0117.45

43.000.13

10.50130.00

22.2962.50

3.8513.50

123.00450.00

38.006.50

20.0050.00

6.60373.15

8.403.40

17.5025.3062.0042.5079.0016.00

8.25

14.0028.5028.99

17.40-

115.06

20.003.401.15

20.007.67

30.000.037.80

112.5013.0030.00

1.968.80

80.00355.00

15.502.92

10.6523.00

4.10175.00

1.801.70

11.5016.0352.7018.0041.00

8.00

4.80

8.059.00

17.80

12.15-

80.61


38

ANNUAL HIGH AND LOW STOCK PRICES

2009HIGH LOW

2008HIGH LOW

2007HIGH LOW

2006HIGH LOW

2005HIGH LOW

PREFERENCE SHARES

2009HIGH LOW

2008HIGH LOW

2007HIGH LOW

2006HIGH LOW

2005HIGH LOW

US $ DENOMINATED SECURITIES

- - - - - - - - - -- - - - - - - - - -- - - - - - - - - -- - - - - - - - - -- - - - - - - - - -- - - - - - - - - -

- - - - - - - - - -

- - - - - - - - - -

- - - - - - - - - -

BEL GOV MRTG N 10

BEL GOV MRTG N 10

BEL GOV MRTG N 11

DOMINICA SERIES A

DOMINICA SERIES B

LUCELEC

NEVIS BOND

NEVIS 10.5% BOND

UNION BANK CCR

Bank of Nova Scotia Variable Pref.C & W Ja Ltd. 5.5%C & W Ja Ltd. 6%Capital & Credit Merchant Bank Var PrefJamaica Livestock Association 7.5%Jamaica Money Merket Brokers 12%Jamaica Money Merket Brokers 12.25%Jamaica Money Merket Brokers 12.15%JPS 5% CJPS 5% DJPS 6%JPS 7%Jamaica Stock Exchange Var PrefLascelles Group 15%Lascelles Group 6%Mayberry Investments Ltd. 12%NCB Capital Markets 11.75%P.C.F.S. 12.5%

1.75

0.532.042.462.403.003.13

0.35

2.60

3.093.00

199.00

1.10

0.530.970.302.152.203.12

0.35

2.00

2.002.51

190.00

1.900.500.52

4.35

0.360.350.400.40

--

3.103.23

1.000.500.50

2.00

0.360.350.400.40

--

3.002.75

0.500.52

5.00

0.370.370.420.40

--

3.20

0.500.50

1.50

0.360.350.400.39

--

3.10

0.500.50

2.70

0.37

0.400.39

--

-

0.500.50

1.45

0.35

0.400.38

--

-

* Ordinary shares delisted, preference shares listed@Formerly CIBC WI Holdings^Formerly CIBC Jamaica

Goodyear Jamaica Limited was delisted on July 20, 2009Sagicor Financial Corporation was delisted on September 16, 2009Carlton Savannah REIT (Jamaica) Limited was renamed Kingston Properties Limited on October 29, 2009All US Denominated Securities were delisted in 2009

(Cont’d.)


1.70

0.502.103.993.033.203.150.360.350.400.392.60

25.013.103.00

205.00

1.00

0.500.831.752.002.203.100.360.350.400.392.00

25.012.502.50

200.00

39

STOCK MARKET DATA

JANUARYFEBRUARYMARCHAPRILMAYJUNEJULYAUGUSTSEPTEMBEROCTOBERNOVEMBERDECEMBERYEAR

ANNUAL

CHANGE

* Including block transactions

MONTHLY TRADING VALUE (JA$000's)*


* Including block transactions

ANNUAL

CHANGE

2009 2008 2007 2006 2005

2009 2008 2007 2006 2005

MONTHLY TRADING VOLUME (000's) units*

112,65547,038

498,02881,66486,59523,56664,739

120,261212,708

36,568319,279161,792

1,764,893

-40.23%

249,458340,495

88,231179,300797,069141,109222,077103,751311,935384,71174,88659,989

2,953,011

21.35%

249,807162,014144,265

76,99490,928

184,459579,078121,679183,924126,153336,597177,589

2,433,487

-56.85%

72,091121,361173,041217,842125,340

1,495,383304,918162,828142,661

70,177135,721

2,618,0295,639,392

125.75%

461,609202,153256,605579,434151,792135,545

82,395102,260203,179

78,29384,790

159,9732,498,028

-51.91%

527,323368,619

1,352,785707,094488,788200,622505,671

1,198,2231,256,443

240,6813,326,2882,017,543

12,190,080

-81.81%

3,820,0144,671,5011,325,5641,921,9348,355,0513,388,715

35,893,8681,088,8472,370,1032,787,634

854,959548,681

67,026,871

130.75%

2,448,4282,055,4263,158,750

766,214885,941

1,109,8282,019,0071,371,4281,622,9402,139,3699,166,2312,303,862

29,047,424

-21.58%

736,6621,672,6932,104,4871,879,9291,130,1747,616,9701,462,105

958,1651,020,789

840,1641,559,250

16,059,60337,040,991

-9.09%

10,921,5763,314,8303,792,9409,804,1932,505,1031,827,4571,275,0761,196,3061,718,225

901,211851,579

2,638,18540,746,681

13.20%


40

STOCK MARKET DATA

2009 2008 2007 2006 2005MONTH

JANUARYFEBRUARYMARCHAPRILMAYJUNEJULYAUGUSTSEPTEMBEROCTOBERNOVEMBERDECEMBER


MONTHLY TRADING HIGHLIGHTS, 2009 *

MONTHLY TRADING AVERAGES

NO. OF

Trading Days Transactions Transactions Volume(000s) Value J$ (000s) High Low Close

Average Daily JSE IndexAverage DailyMonth

* Volume & Value include Block Transactions

YEAR END

CHANGE

JSE STOCK MARKET INDEX

87,206.9083,091.4479,022.6479,742.3782,837.6380,866.1479,304.4979,883.8779,928.0380,567.5283,322.4083,321.96

3.95%

108,718.70108,463.94107,439.31109,353.87112,127.89109,754.01109,903.53108,044.77102,018.87

93,750.9086,864.2480,152.02

-25.76%

101,718.8292,949.4690,595.0891,110.6190,057.7390,069.9292,021.8494,544.9596,299.8099,579.19

103,429.33107,968.00

7.24%

100,868.2696,845.2986,896.1288,312.1587,094.4985,108.2285,753.1184,004.9686,195.9985,955.9394,617.93

100,678.00

-3.67%

118,379.43114,221.65111,931.18119,179.47114,148.90110,621.87107,231.92103,997.53103,332.61102,445.33100,689.87104,510.38

-7.23%

211922202022232022212122

253

1,3361,4741,5311,1231,1171,1671,4121,3221,2851,1451,5701,547

16,029

647870565653616658557570

761

5,3652,476

22,6384,0834,3301,0712,8156,0139,6691,741

15,2047,3546,976

25,11119,40161,49035,35524,439

9,11921,98659,91157,11111,461

158,39591,70748,182

87,501.6987,142.9782,665.7880,311.6882,837.6383,076.9881,026.4080,434.3280,519.8680,793.0684,114.3283,404.85

85,034.1381,831.6979,022.6478,482.9879,714.4180,866.1479,304.4979,704.4379,453.7079,412.8480,526.0381,716.19

87,206.9083,091.4479,022.6479,742.3782,837.6380,866.1479,304.4979,883.8779,928.0380,567.5283,322.4083,321.96

(Cont’d.)


41

STOCK MARKET DATA

Market Value

Company JA$(000)

Company Units (000)Company JA$(000)

*Includes Block Transactions

*Includes Block Transactions

Market Capitalisation

Top Twenty Companies by Market Capitalisation, Volume and Value as at December 31, 2009

Market Volume




NATIONAL COMMERCIAL BANK JAMAICA LTD.


LASCELLES DEMERCADO & CO.

TRINIDAD CEMENT COMPANY

CARRERAS GROUP

GRACEKENNEDY LTD.

PAN CARIBBEAN FINANCIAL SERVICES LTD

DESNOES & GEDDES

SEPROD GROUP LTD.


SCOTIA DBG INVESTMENTS LTD.


PAN-JAM. INVEST.

JA. BROILERS' GROUP

JAMAICA MONEY MARKET BROKERS LTD


JA. PRODUCERS' GROUP

179,874,060

60,893,483

60,560,300

39,468,205

263,851,392

24,000,000

17,983,090

17,000,109

13,434,083

9,917,425

9,607,366

9,295,163

8,488,895

7,033,497

6,390,627

6,247,263

5,948,411

5,853,547

5,300,882

4,842,052

Supreme Ventures LimitedNational Commercial Bank Jamaica Ltd.Pan Caribbean Financial Services LtdCable & Wireless (Jamaica) Ltd.Jamaica Broilers GroupGleaner Company Ltd.Scotia Group Jamaica LimitedSagicor Life Jamaica LimitedSeprod LimitedMayberry Investments LimitedJamaica Money Market Brokers Ltd 12.25%Desnoes & Geddes LtdJamaica Producers Group Ltd.Scotia DBG Investments LtdGracekennedy LimitedRadio Jamaica LimitedCarreras LimitedCaribbean Cement Company Ltd.Capital & Credit Financial Group LimitedCiboney Group Limited

651,314,866 230,630,320 186,932,249 170,994,672

76,568,756 50,133,775 49,955,375 27,279,033 24,963,431 22,799,731 21,345,934 19,032,011 14,206,330 11,976,364 11,345,964 10,912,909

9,422,922 9,383,602 8,821,468 8,745,269

National Commercial Bank JamaicaPan Caribbean Financial ServicesSupreme Ventures LimitedScotia Group JamaicaGraceKennedy LimitedSeprod LimitedCarreras LimitedJamaica Broilers GroupJamaica Producers GroupScotia DBG InvestmentsLascelles deMercado & Co.Pan Jamaican Investment TrustSagicor Life JamaicaSalada Foods Jamaica LimitedCable & Wireless (Jamaica)Desnoes & Geddes LimitedFirst Jamaica Investments LimitedGleaner Company LimitedJMMB 12.25% (Preference Shares)First Caribbean International Bank

3,249,096 2,626,323 1,466,618

858,137 500,484 395,049 379,426 304,661 287,132 187,267 182,114 180,159 157,868

73,938 72,193 71,619 64,381 62,331 58,429 55,286

(Cont’d.)


SVL39%

NCBJ 14%

PCFS11%

CWJA10%

JBG5%

GLNR3%

SGJ3%

SLJ2%

SEP2%

MIL1%

NCBJ27%

PCFS22%

SVL12%

SGJ7%

GK4%

SEP3%

CAR3%

JBG2%

JP2%

SDBG2%

42

TOP TEN COMPANIES BY TRADED VOLUME

(Block Transactions Included)

TOP TEN COMPANIES BY TRADED VALUE

(Block Transactions Included)


43

STOCK MARKET DATA

JANUARYFEBRUARYMARCHAPRILMAYJUNEJULYAUGUSTSEPTEMBEROCTOBERNOVEMBERDECEMBER

YEAR

NO. OF Volume ValueMonthTransactions (000's) Units Ja$(000's) Volume Value

% of Overall Market:-

Block Transactions (2009)

Twenty Most Active Stocks for 2009 *

Company No. of Transactions

* Includes Block Transactions

SCOTIA GROUP JAMAICANATIONAL COMMERCIAL BANK JAMAICAJAMAICA BROILERS GROUP LIMITEDSAGICOR LIFE JAMAICACARRERAS LIMITEDGRACEKENNEDY LIMITEDMAYBERRY INVESTMENTS LIMITEDCABLE & WIRELESS JAMAICA LIMITEDPAN JAMAICAN INVESTMENT TRUSTSCOTIA DBG INVESTMENTS LIMITEDJAMAICA MONEY MARKET BROKERS DESNOES & GEDDESCARIBBEAN CEMENT COMPANYSUPREME VENTURES LIMITEDCAPITAL & CREDIT FINANCIAL GROUPJAMAICA PRODUCERS GROUPBANK OF NOVA SCOTIA JAMAICAKINGSTON WHARVESSEPROD LIMITEDPAN CARIBBEAN FINANCIAL SERVICES

2,6621,9651,1781,066

991904600597571558525440391367320270238238231223

00701000100

61

00

28,6040

841000

58,69100

14,599

00

162,8320

38,358000

418,46500

56,047

0.00%0.00%5.74%0.00%0.97%0.00%0.00%0.00%

27.59%0.00%0.00%9.02%

0.00%0.00%

12.04%0.00%7.85%0.00%0.00%0.00%

33.31%0.00%0.00%2.78%

70 102,735 675,702 5.82% 5.54%

(Cont’d.)


44

DIVIDEND SUMMARY

2009 2008 2007 2006 2005$ 000 $ 000 $ 000 $ 000 $ 000Ordinary (Ja. $000’s)

Total Dividend Payout

Percentage Change (%)

*

Bank of Nova Scotia Jamaica Ltd Berger Paints Jamaica Ltd Cable & Wireless Jamaica Ltd Capital & Credit Financial Group Capital & Credit Merchant Bank Ltd. Caribbean Cement Company Carreras Limited Desnoes & Geddes Limited First Caribbean Bank Jamaica Ltd First Jamaica Investments Ltd. Gleaner Company Limited GraceKennedy Limited Hardware & Lumber Limited Jamaica Broilers Group Limited Jamaica Livestock Association 7.5% Jamaica Money Market Brokers Jamaica Producers Group Kingston Properties Limited Kingston Wharves Limited Lascelles deMercado & Co. Limited Mayberry Investments Ltd. Montego Bay Ice Co. Limited Montego Freeport Limited National Commercial Bank (Ja.) Ltd. Palace Amusement Pan Caribbean Financial Services Pan-Jamaican Investment Trust Pegasus Hotels of Jamaica Ltd. Pulse Investments Limited Radio Jamaica Limited Sagicor Life Jamaica Salada Foods Jamaica Limited Scotia DBG Investments Ltd. Scotia Group Jamaica Ltd. Seprod Limited Supreme Ventures Limited

3,863,94620,361

----

2,621,376983,208106,303332,508

62,768378,838

-131,921

4,309336,579

25,3949,528

-1,344,162

96,092--

2,165,9112,156

684,905232,973

48,066--

2,141,157-

497,2544,231,746

335,658584,359

3,571,22345,008

504,526---

2,642,9981,123,668

-241,823

81,174378,313

-155,906

4,309321,946

42,3222,193

53,632162

240,230-

298,4242,806,790

-657,509171,261

30,041-

34,3891,650,003

-442,238

3,920,582232,379420,839

6,171,93338,578

672,697

--

2,378,6561,488,860

-1,094,234

79,645375,174

25,784137,917

4,309307,311452,664

85,812288,162120,115

--

1,796,326-

490,010796,047

48,066--

1,123,582-

312,5141,866,944

180,739-

3,015,049 21,432

1,009,046

96,174 -

2,427,200 1,601,227

-232,177

78,889 340,678

-137,917

4,309 292,678

66,628

85,812 192,162

---

1,748,924 -

368,225 163,260

36,050 -

34,498 1,007,157

-45,479

154,920 -

2,927,23134,291

-

58,88059,580

1,456,3202,163,061

-241,283

80,645326,961

-137,917

4,309263,41145,226

85,812292,962

-50,676

1,179,878287

236,495165,238

12,017

-739,287

-90,020

142,009

21,241,478

5.82%

20,073,888

-1.29%

20,336,079

54.53%

13,159,891

21.92%

10,793,796

2.41%

* FirstCaribbean Int'l Bank Ltd.

# Guardian Holdings

# Trinidad Cement Ltd

89,161 -4.73%

97,086 -26.05%

1,148 -93.43%

93,591 4.18%

131,293 1201.86%

17,484 16.67%

89,834 30.89%

10,085 -90.91%

14,986 20.00%

68,632 22.55%

110,935 7.63%

12,488 -77.27%

56,00335.97%

103,070-0.02%

54,94922.22%


# Dividend quoted in Trinidad & Tobago Dollars (TT$) * Dividend quoted in $US for 2004, and in BDS$ for all previous years

45

Stock Bonus, Splits & New Listings

2009 2008 2007 2006 2005 COMPANY

Best Practices

Awards 2008

To be held at The Jamaica Pegasus Hotel

on Wednesday, December 8, 2010

Bank of Nova ScotiaBerger PaintsCable & Wireless Jamaica LtdCaribbean Cement CompanyCapital & Credit Merchant BankCarreras GroupCourts Jamaica LtdDehring, Bunting & Golding LimitedDesnoes & GeddesGleaner CompanyGraceKennedy Guardian Holdings LtdJamaica BroilersJamaica Producers GroupJamaica Money Market BrokersKingston Wharves LtdMayberry InvestmentsMayberry Investments Limited 12%Montego FreeportNCB Capital Markets 11.75%National Commercial Bank Jamaica LtdPegasus HotelsPulse Investments LimitedRadio JamaicaRBTT Financial Holdings LtdSalada FoodsSeprod LimitedScotia Group Jamaica Supreme Ventures LimitedTrinidad Cement Ltd

-----------------------------

------------------------

1 For 10----

----------------

New-

1 For 1-----

-New

--

1 For 1----------------

-New

--

New--

-

New-

1 For 1---------------

New

-

--

--

-

-


46

Issued Price Market Value Nominal FinancialCompany Capital Dec-31 Capitalisation $ Value Year-End Results

CORPORATE DATA

Due DateAudited for

BERGER PAINTS LTD




CARRERAS LIMITED

CIBONEY GROUP LTD

DESNOES & GEDDES

FIRST CARIBBEAN INTER. BANK JAMAICA



GLEANER COMPANY

GRACEKENNEDY LTD.


HARDWARE & LUMBER

JA. BROILERS GROUP

JAMAICA MONEY MARKET BROKERS LTD

JA. PRODUCERS GROUP

KINGSTON PROPERTIES LTD

KINGSTON WHARVES

LASCELLES DEMERCADO & CO.


MONTEGO BAY FREEPORT

MONTEGO BAY ICE

NATIONAL COMMERCIAL BANK JAMAICA LTD.

PALACE AMUSEMENT

PAN CARIBBEAN FINANCIAL SERVICES LTD

PAN-JAMAICAN INVESTMENT

PEGASUS HOTELS

PULSE INVESTMENTS LTD.

RADIO JAMAICA


SALADA FOODS JA.

SCOTIA DBG INVESTMENTS LTD.


SEPROD LIMITED


TRINIDAD CEMENT LIMITED

TOTAL

214,322,393

16,817,439,741

927,565,945

851,136,591

485,440,000

546,000,000

2,809,171,264

265,756,730

1,525,131,934

303,500,000

1,211,243,827

331,705,747

202,204,673

80,842,023

1,199,276,400

1,463,386,752

187,024,006

68,800,102

1,072,649,578

96,000,000

1,201,149,291

563,065,690

6,161,510

2,466,762,828

1,437,028

547,924,039

173,535,078

120,165,973

271,789,674

351,976,991

3,758,566,835

103,883,290

423,194,765

3,111,572,984

516,397,918

2,637,254,926

249,765,136

47,163,201,662

1.20

0.38

4.41

4.00

35.02

0.10

3.42

12.70

117.94

27.97

1.16

40.50

299.50

3.50

4.96

4.00

25.89

5.00

3.08

250.00

1.99

1.90

15.67

16.00

60.00

18.10

36.00

19.99

5.44

2.01

7.02

15.50

16.62

19.57

18.00

2.01

72.00

257,186,872

6,390,627,102

4,090,565,817

3,404,546,364

17,000,108,800

54,600,000

9,607,365,723

3,375,110,471

179,874,060,296

8,488,895,000

1,405,042,839

13,434,082,754

60,560,299,564

282,947,081

5,948,410,944

5,853,547,008

4,842,051,515

344,000,510

3,303,760,700

24,000,000,000

2,390,287,089

1,069,824,811

96,550,862

39,468,205,248

86,221,680

9,917,425,106

6,247,262,808

2,402,117,800

1,478,535,827

707,473,752

26,385,139,182

1,610,190,995

7,033,496,994

60,893,483,297

9,295,162,524

5,300,882,401

17,983,089,792

544,882,559,526

0.50

1.00

0.00

1.00

0.00

0.00

0.00

0.10

0.50

0.00

1.00

0.50

0.00

0.10

0.20

0.00

0.50

0.10

0.20

0.25

0.00

0.00

0.00

0.00

0.00

0.50

0.10

0.00

1.00

0.00

0.10

0.10

0.25

0.50

0.00

0.50

0.00

107,161,197

16,817,439,741

0

851,136,591

0

0

0

26,575,673

762,565,967

0

1,211,243,827

165,852,874

0

8,084,202

239,855,280

0

93,512,003

6,880,010

214,529,916

24,000,000

0

0

0

0

0

273,962,020

17,353,508

0

271,789,674

0

375,856,684

10,388,329

105,798,691

1,555,786,492

0

1,318,627,463

0

24,458,400,140

31-Mar.

31-Mar.

31-Dec.

31-Dec.

31-Mar.

31-May

30-June

31-Oct.

31-Oct.

31-Dec.

31-Dec.

31-Dec

31-Dec.

31-Dec.

30-Apr.

31-Mar.

31-Dec.

31-Dec.

31-Dec.

30-Sept.

31-Dec.

31-Mar.

31-Dec.

30-Sept.

30-June

31-Dec.

31-Dec.

31-Mar.

30-June

31-Mar.

31 -Dec.

30-Sept.

31-Oct.

31-Oct.

31-Dec.

31-Dec.

31-Dec.

30-June

30-June

31-Mar.

31-Mar.

30-June

31-Aug

30-Sept.

31-Jan.

31-Jan.

31-Mar.

31-Mar.

31-Mar.

31-Mar.

31-Mar.

31-July

30-June

31-Mar.

31-Mar.

31-Mar.

31-Dec.

31-Mar.

30-June

31-Mar.

31-Dec.

30-Sept.

31-Mar.

31-Mar.

30-June

30-Sept.

30-June

31-Mar.

31-Dec.

31-Jan.

31-Jan.

31-Mar.

31-Mar.

31-Mar.


47

Top Twenty Companies

Turnover (Sales)

Pre-Tax Profits

COMPANY Profit Before Tax2009 2008 Change %

COMPANY Turnover2009 2008 Change %

GraceKennedy LimitedScotia Group Jamaica Ltd.National Commercial Bank Jamaica Ltd.Bank of Nova Scotia Jamaica Ltd. Supreme Ventures LimitedSagicor Life JamaicaLascelles deMercado & Co. Limited Jamaica Broilers GroupCable & Wireless (Jamaica) Ltd.Jamaica Money Market BrokersDesnoes & Geddes Limited Carreras LimitedNCB Capital Markets Ltd.Seprod LimitedPan Caribbean Financial ServicesCaribbean Cement CompanyJamaica Producers GroupCapital & Credit Merchant BankHardware & Lumber LtdFirstCaribbean International Bank (Jamaica)

57,406,415 47,160,703 43,721,715 37,335,830 28,167,960 27,872,526 24,912,339 24,623,315 16,370,138 15,969,623 13,447,889 10,923,530

9,538,851 9,495,060 8,871,529 8,869,260 6,259,033 6,059,048 5,940,599 5,220,049

53,462,279 38,364,947 38,296,327 31,562,923 21,204,444 28,258,936 22,963,136 20,443,685 16,046,854 10,935,216 12,488,766

9,037,241 7,494,970 9,257,660 6,814,826 8,805,293 3,650,096 5,667,008 6,788,162 4,977,464

7.38% 22.93% 14.17% 18.29% 32.84% (1.37%)

8.49% 20.44%

2.01% 46.04%

7.68% 20.87% 27.27%

2.56% 30.18%

0.73% 71.48%

6.92% (12.49%)

4.87%

Scotia Group Jamaica Ltd.National Commercial Bank Jamaica Ltd.Bank of Nova Scotia Jamaica Ltd. Sagicor Life JamaicaCarreras LimitedGraceKennedy LimitedLascelles deMercado & Co. Limited Scotia DBG Investments Ltd.NCB Capital Markets Ltd.Desnoes & Geddes Limited Seprod LimitedFirst Jamaica InvestmentsPan-Jamaican Investment TrustPan Caribbean Financial ServicesJamaica Money Market BrokersFirstCaribbean International Bank (Jamaica)Supreme Ventures Ltd.Jamaica Broilers GroupMontego Bay FreeportCapital & Credit Merchant Bank

15,379,65913,133,635 12,970,595

5,770,350 5,228,696 3,653,867 2,866,144 2,584,256 2,213,363 2,211,441 2,185,901 2,120,145 2,115,020 1,959,266 1,544,528 1,307,287 1,265,884 1,003,727

391,409 347,762

13,119,09510,808,009 11,816,466 5,582,278 5,827,735 2,478,893 3,543,512 1,537,636

683,454 1,670,350 1,435,462 1,772,675 1,699,803 1,834,829 1,254,902 1,246,477 1,107,833

903,515 288,249 517,283

17.23% 21.52%

9.77% 3.37%

(10.28%)47.40%

(19.12%)68.07%

223.85% 32.39% 52.28% 19.60% 24.43%

6.78% 23.08%

4.88% 14.27% 11.09% 35.79%

(32.77%)


48

Top Twenty Companies

After-Tax Profits

COMPANY Profit After Tax2009 2008 Change %

Scotia Group Jamaica Ltd.National Commercial Bank Jamaica Ltd.Bank of Nova Scotia Jamaica Ltd. Sagicor Life JamaicaCarreras LimitedGraceKennedy LimitedLascelles deMercado & Co. Limited Scotia DBG Investments Ltd.First Jamaica InvestmentsPan-Jamaican Investment TrustNCB Capital Markets Ltd.Desnoes & Geddes Limited Seprod LimitedPan Caribbean Financial ServicesJamaica Money Market BrokersFirstCaribbean International Bank (Jamaica)Jamaica Broilers GroupSupreme Ventures Ltd.Montego Bay FreeportCapital & Credit Merchant Bank

11,605,45910,248,185

9,651,7814,885,5653,528,4442,722,8232,559,0242,128,8701,940,4941,935,1331,714,7371,551,3231,485,9371,477,8441,102,622

886,658828,063751,202361,798342,706

9,624,0578,701,1738,619,5844,542,2514,000,0201,780,8863,015,1311,239,4801,690,1431,617,271

755,5851,042,449

938,2031,380,9321,061,610

835,053740,316645,989284,327453,402

20.59%17.78% 11.98% 7.56%

(11.79%)52.89%

(15.13%)71.76% 14.81% 19.65%

126.94% 48.82% 58.38%

7.02% 3.86% 6.18%

11.85% 16.29% 27.25%

(24.41%)

(Cont’d.)


1,0001,5002,0002,5003,0003,5004,0004,5005,0005,5006,0006,5007,0007,5008,0008,5009,0009,500

10,00010,50011,00011,50012,00012,50013,00013,50014,00014,50015,00015,50016,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Month

Monthly Transactions2009/2008

2009

2008

No

. o

f Tra

nsacti

on

s

49

Corporate Profit Profile

Turnover Profit Before Tax Profit After Tax2009 2008 Change % 2009 2008 Change % 2009 2008 Change %COMPANY

Bank of Nova Scotia Jamaica Ltd.

Berger Paints Jamaica Limited

Cable & Wireless (Jamaica) Ltd.

Capital & Credit Financial Group

Capital & Credit Merchant Bank

Caribbean Cement Company

Carreras Limited

Ciboney Group Limited

Desnoes & Geddes Limited

FirstCaribbean International Bank (Jamaica)

First Jamaica Investments

Gleaner Company

GraceKennedy Limited

Hardware & Lumber Ltd


Jamaica Livestock Association



Kingston Wharves

Lascelles deMercado & Co. Limited

Mayberry Investments Ltd.

Montego Bay Freeport

Montego Bay Ice Co. Limited

National Commercial Bank Jamaica Ltd.

NCB Capital Markets Ltd.

Palace Amusement Ltd


Pan-Jamaican Investment Trust

Pegasus Hotels of Jamaica

Pulse Investments Limited

Radio Jamaica Ltd


Salada Foods Jamaica Limited

Scotia DBG Investments Ltd.

Scotia Group Jamaica Ltd.

Seprod Limited

Supreme Ventures Ltd.

Total

FirstCaribbean International Bank (W.I.) *

Guardian Holdings Ltd. +

Trinidad Cement Limited +

37,335,830

1,829,255

16,370,138

4,161,653

6,059,048

8,869,260

10,923,530

0

13,447,889

5,220,049

1,635,592

3,274,179

57,406,415

5,940,599

24,623,315

904,493

15,969,623

6,259,033

2,570,325

24,912,339

2,283,893

423,858

33,782

43,721,715

9,538,851

512,922

8,871,529

1,736,014

1,002,775

1,554,791

1,606,553

27,872,526

432,425

3,796,568

47,160,703

9,495,060

28,167,960

435,924,490

749,549

5,323,955

1,755,837

31,562,923

1,527,014

16,046,854

4,163,780

5,667,008

8,805,293

9,037,241

0

12,488,766

4,977,464

1,490,699

3,246,297

53,462,279

6,788,162

20,443,685

1,007,685

10,935,216

3,650,096

2,708,044

22,963,136

2,705,583

217,316

15,906

38,296,327

7,494,970

479,866

6,814,826

1,587,111

676,291

1,356,745

1,518,681

28,258,936

393,802

2,558,390

38,364,947

9,257,660

21,204,444

382,173,443

815,227

5,245,272

2,074,428

18.29%

19.79%

2.01%

(0.05%)

6.92%

0.73%

20.87%

0.00%

7.68%

4.87%

9.72%

0.86%

7.38%

(12.49%)

20.44%

(10.24%)

46.04%

71.48%

(5.09%)

8.49%

(15.59%)

95.04%

112.39%

14.17%

27.27%

6.89%

30.18%

9.38%

48.28%

14.60%

5.79%

(1.37%)

9.81%

48.40%

22.93%

2.56%

32.84%

14.06%

(8.06%)

1.50%

(15.36%)

12,970,595

95,416

(369,555)

287,751

347,762

(241,028)

5,228,696

4,781

2,211,441

1,307,287

2,120,145

1,822

3,653,867

(295,608)

1,003,727

(186,941)

1,544,528

307,562

196,035

2,866,144

211,235

391,409

3,393

13,133,635

2,213,363

(6,715)

1,959,266

2,115,020

80,340

223,199

(98,827)

5,770,350

161,838

2,584,256

15,379,659

2,185,901

1,265,884

80,627,633

202,182

493,910

84,042

11,816,466

21,479

(7,216,382)

499,543

517,283

571,932

5,827,735

(3,381)

1,670,350

1,246,477

1,772,675

(451,266)

2,478,893

(416,910)

903,515

(220,370)

1,254,902

(280,026)

217,485

3,543,512

356,146

288,249

(125)

10,808,009

683,454

28,349

1,834,829

1,699,803

63,178

429,891

65,614

5,582,278

114,034

1,537,636

13,119,095

1,435,462

1,107,833

62,907,647

201,973

(39,671)

195,892

9.77%

344.23%

94.88%

42.40%

(32.77%)

(142.14%)

(10.28%)

241.41%

32.39%

4.88%

19.60%

100.40%

47.40%

29.10%

11.09%

15.17%

23.08%

209.83%

(9.86%)

(19.12%)

(40.69%)

35.79%

2814.40%

21.52%

223.85%

(123.69%)

6.78%

24.43%

27.16%

(48.08%)

(250.62%)

3.37%

41.92%

68.07%

17.23%

52.28%

14.27%

28.17%

0.10%

1345.02%

(57.10%)

9,651,781

74,099

(302,825)

290,639

342,706

(144,512)

3,528,444

1,015

1,551,323

886,658

1,940,494

208,180

2,722,823

(225,762)

828,063

(232,329)

1,102,622

209,748

155,080

2,559,024

245,473

361,798

664

10,248,185

1,714,737

(5,286)

1,477,844

1,935,133

55,243

223,199

(139,975)

4,885,565

108,195

2,128,870

11,605,459

1,485,937

751,202

62,229,514

175,201

(821,027)

94,281

8,619,584

15,560

(4,194,698)

389,495

453,402

416,438

4,000,020

(3,449)

1,042,449

835,053

1,690,143

(444,688)

1,780,886

(259,956)

740,316

(161,636)

1,061,610

(2,856,467)

165,979

3,015,131

469,501

284,327

(15,404)

8,701,173

755,585

21,582

1,380,932

1,617,271

39,015

429,891

41,621

4,542,251

75,328

1,239,480

9,624,057

938,203

645,989

47,095,974

179,753

240,111

156,319

11.98%

376.21%

92.78%

(25.38%)

(24.41%)

(134.70%)

(11.79%)

129.43%

48.82%

6.18%

14.81%

146.81%

52.89%

13.15%

11.85%

(43.74%)

3.86%

107.34%

(6.57%)

(15.13%)

(47.72%)

27.25%

104.31%

17.78%

126.94%

(124.49%)

7.02%

19.65%

41.59%

(48.08%)

(436.31%)

7.56%

43.63%

71.76%

20.59%

58.38%

16.29%

32.13%

(2.53%)

(441.94%)

(39.69%)


* Quoted in United States Dollars US$+ Quoted in Trinidad & Tobago Dollars TT$

50


Monthly Trading Volume

Ordinary Shares

Berger Paints


Capital and Credit Financial Group


Carreras Limited

Ciboney Group

Desnoes & Geddes


First Caribbean International Bank Ja

First Jamaica Investments Ltd.

Gleaner Company

Goodyear (Jamaica) Ltd

GraceKennedy Ltd

Guardian Holdings Ltd.





Kingston Properties Ltd

Kingston Wharves

Lascelles deMercado

Mayberry Investments Ltd

Montego Freeport Ltd.

Montego Bay Ice

National Commercial Bank Ltd.




Pegasus Hotels

Pulse Investments Ltd.

Radio Jamaica

Sagicor Financial Corporation


Salada Foods

Scotia DBG Investments

Scotia Group Jamaica

Seprod Limited

Supreme Ventures Limited

Trinidad Cement Ltd.

Total Ordinary (Monthly)

88,814

3,686,954

1,013,704

189,619

698,412

164,030

635,560

65,408

0

252,227

925,213

0

445,690

0

300

1,570,668

2,955,168

75,758

100

33,869

46,172

1,993,037

135,176

1,815

1,919,502

0

46,515

356,633

900

9,020

80,553

500

921,928

132,064

1,472,024

2,516,854

109,576

88,833,606

0

111,377,369

219,368

12,008,071

127,477

345,386

283,621

907,875

743,725

0

297

76,142

1,317,954

0

365,656

0

208,287

2,490,636

747,574

1,039,249

3,500

48,718

10,284

1,929,006

296,046

0

1,123,465

4,100

42,152

70,057

10,000

100

2,173,221

0

1,163,382

26,560

193,054

4,916,985

10,548,773

913,662

0

44,354,383

426,639

3,837,153

1,096,180

909,776

499,306

600,200

1,084,635

7,701

0

658,913

343,906

0

154,095

0

9,000

5,096,621

681,082

529,903

0

46,025

1,327

5,215,567

383,762

0

3,660,962

0

789,454

423,739

0

0

198,732

0

2,561,586

66,225

1,494,835

4,837,594

186,277

431,964,583

0

467,765,778

519,280

20,668,929

7,150

182,120

322,393

2,218,734

480,622

81,194

0

30,018

82,000

0

99,150

8,500

500

4,254,411

291,424

60,385

10,000

36,101

34,406

1,497,423

6,100

0

34,254,848

0

23,844

141,794

930

5,000

41,616

0

728,536

19,460

198,127

2,887,845

9,594,345

2,034,700

0

80,821,885

21,800

36,414,027

1,348,694

595,211

561,746

1,481,266

1,000,110

443

26,663

13,766

1,088,801

0

1,232,904

0

51,000

4,272,917

78,917

12,510

43,230

160,929

754

2,259,079

100,000

0

13,059,187

0

73,824

887,860

854

5,340

9,211

0

2,580,632

4,450

1,039,117

2,565,904

1,403,500

11,934,182

0

84,328,828


51

June July August September October November December Yearly Total

33,879

2,494,610

175,516

1,420,917

210,730

2,003,000

1,082,748

4,500

115,044

504,396

983,330

48,000

720,792

443,671

63,241

161,900

223,428

22,299

1,756,438

384,477

1,202,034

0

15,000

67,459

30,000

0

53,658

0

1,041,523

37,029

817,839

2,567,387

59,849

3,394,164

300,100

22,438,958

9,977

7,167,196

260,130

2,220,016

703,278

1,483,482

77,191

8,131

11,550

341,116

2,167,542

1,763

18,525,675

474,440

242,067

95,209

825

1,805,337

212,560

7,299,620

343,258

27,930

100,000

241,878

1,141,280

24,500

1,422,213

5,297,275

1,239,360

9,968,126

62,912,925

22,834

28,762,565

136,365

1,699,847

632,845

220,000

263,015

75,500

5,112

149,580

2,216,173

1,557,994

49,000

8,288,154

527,699

130,983

177,905

15,418

658,392

201,146

61,687,449

161,276

850,875

79,673

1,955,881

16,384

920,893

6,574,453

396,101

1,095,537

119,529,049

68,319

33,156,595

1,245,387

616,294

1,584,535

50,000

1,613,750

25,240

39,849

1,081,300

755,646

2,216,711

29,147

15,457,180

180,548

3,428,472

386,263

459,739

1,783,700

97,654

4,584,197

416,390

549,479

63,927

1,294,690

858,574

1,800

2,133,387

4,746,045

584,350

73,822,292

100

153,331,560

34,300

3,049,283

1,931,660

465,488

216,700

92,759

3,676,968

84,900

2,600

21,983

10,585,004

371,425

0

0

1,963,932

239,973

522,450

0

213,373

18,174

2,364,774

37,000

2,242,021

100

37,890

620,652

0

3,000

539,017

1,205,329

54,136

133,357

4,563,167

55,595

307,378

100

35,654,488

47,409

17,459,900

552,872

326,529

1,885,597

452,405

2,364,590

25,000

5,160

170,358

27,707,226

981,186

4,500

1,924

5,137,630

335,950

621,731

3,097,160

78,479

5,238

783,578

516,269

20,856,133

0

183,858,118

817,567

145,581

0

5,878,724

3,116,781

13,000

350,588

2,139,874

428,517

23,099,914

0

303,265,488

817,857

2,289,389

926,333

412,399

1,823,759

555,000

4,602,806

22,388

104,766

125,466

4,266,340

770,281

54,833

8,790,140

196,053

7,479,581

60,865

336,765

2,474

753,400

77,941

15,000

78,740,902

0

1,124,528

723,043

5,481

1,906,000

321,936

10,003,601

4,542,178

1,800,930

6,341,992

357,188

3,946,722

0

144,298,337

2,310,476

170,994,672

8,821,468

9,383,602

9,422,922

8,745,269

19,032,011

464,965

197,078

2,706,347

50,133,775

0

11,345,964

13,000

453,754

76,568,756

7,152,499

14,206,330

3,376,755

1,837,064

617,110

22,799,731

2,448,131

16,815

230,630,320

4,200

186,932,249

5,537,088

257,673

2,028,460

10,912,909

500

27,279,033

4,937,786

11,976,364

49,955,375

24,963,431

651,314,866

300,300

1,630,079,048


(Cont’d.)


52


Preference Shares

Bank of Nova Scotia Variable Pref.C & W Ja. 5.5%C & W Ja. 6%CCMB Limited Var. Pref.J.L.A. 7.5%JMMB 12%JMMB 12.15%JMMB 12.25%J.P.S 5% CJ.P.S 5% DJ.P.S 6%J.P.S 7%Jamaica Stock Exchange Var. Pref.

MIL12%NCB CAP Markets 11.75%P.C.F.S. 12.5%Total Preference (Monthly)

Monthly Total

14,0830000

288,4710

532,0530000

154,38100

12,150276,660

01,277,798

112,655,167

2,66700

3,1550

221,5290

2,187,8750000

35,00000

121,586112,100

02,683,912

47,038,295

60,72200

122,277000

896,0060000

355,91700

38,097185,371

01,658,390

469,424,168

13,47500

17,230000

293,5690000

172,11300

28,708316,889

0841,984

81,663,869

77,31900

776335,501

00

217,7880000000

791,3402,300

01,425,024

85,753,852

* includes block transactions



(Cont’d.)


53


80,899000

116,418105,000

0131,718

0000

60,20000

33,949599,115

01,127,299

23,566,257

28,842

4,7601,000

183,50024,444

111,293

89,668

59,633228,756

731,896

120,260,945

106,415

8,907108,116200,000

115,500

323,784

549,414394,695

19,2001,826,031

64,738,956

140,270 0 0

25,994 0 0 0

280,440 0 0 0 0

83,233 0 0

120,290 15,558 19,450

685,235

154,016,795

67,112 0 0

52,300 0

10,000 0

605,407 0 0 0 0

20,748 0 0

131,712 25,959

0 913,238

36,567,726

118,145 0

111 104,500

13,960 47,000

0 15,505,217

0 355

0 0

29,934 0 0

1,709 192,500

0 16,013,431

319,278,919

123,845 0 0

1,167 0

1,667,000 0

469,068 0 0 0 0

510,809 0 0

122,159 1,090

0 2,895,138

147,193,475

833,794

0

111

341,066

574,995

2,722,500

24,444

21,345,934

0

355

0

0

1,835,787

2,010,747

2,350,993

38,650

32,079,376

1,662,158,424

(Cont’d.)



0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

Month

Ordinary Volume (2009 vs 2008)

2009

2008

Series3Series4Series5

Vo

lum

e

54

Monthly Trading Value Ja.$(000)

Ordinary Shares


Berger Paints


Captial and Credit Financial Group


Carreras Group

Ciboney Group

Desnoes & Geddes


First Caribbean International Bank Ja

First Jamaica Investments Ltd.

Gleaner Company

Goodyear (Jamaica) Ltd

GraceKennedy Ltd

Guardian Holdings Ltd.





Kingston Properties Ltd

Kingston Wharves

Lascelles deMercado

Mayberry Investments Ltd.

Montego Freeport Ltd.

Montego Bay Ice

National Commercial Bank Ltd.




Pegasus Hotels

Pulse Investments Ltd.

Radio Jamaica

Sagicor Financial Corporation


Salada Foods

Scotia DBG Investments

Scotia Group Jamaica

Seprod Limited

Supreme Ventures

Trinidad Cement Ltd.

Total Ordinary (Monthly)

177,882

2,085,284

4,005,440

757,357

27,362,353

7,190

2,630,673

7,859,776

0

5,373,013

1,627,634

0

19,710,743

0

2,703

5,518,343

19,075,256

1,337,435

465

161,621

20,406,930

3,816,792

222,016

29,040

32,852,565

0

625,151

9,967,055

15,750

49,580

214,863

130,000

4,684,911

1,343,965

17,932,992

41,917,008

1,946,686

290,460,519

0

524,308,992

418,359

4,791,736

483,577

1,403,727

13,068,997

45,694

2,952,874

0

5,940

1,767,919

2,185,267

0

15,490,934

0

1,774,647

8,743,437

3,276,260

17,420,022

16,000

215,771

3,403,355

3,842,023

459,124

0

16,710,885

246,000

563,789

2,059,851

150,000

545

5,481,955

0

5,649,500

292,772

2,927,951

76,115,094

168,712,070

1,867,455

0

362,543,531

775,784

1,602,823

4,067,167

3,174,034

19,307,630

30,010

4,203,729

926,040

0

12,868,529

519,708

0

6,221,744

0

52,000

18,539,979

3,837,956

9,634,184

0

151,739

438,607

9,917,601

565,505

0

49,460,277

0

9,858,845

10,479,479

0

0

451,624

0

11,546,156

690,975

19,401,542

75,484,342

2,530,824

909,531,235

0

1,186,270,068

884,722

9,148,256

28,550

696,582

12,455,549

110,937

1,884,143

9,663,255

0

570,357

127,460

0

4,116,505

2,720,000

2,550

13,936,220

1,747,918

949,500

45,000

97,837

10,137,179

2,673,349

9,455

0

421,573,532

0

311,057

3,876,179

12,555

25,000

83,864

0

3,118,842

207,249

2,580,706

45,100,769

151,809,425

4,370,942

0

705,075,445

40,636

17,224,521

4,110,403

2,627,056

22,552,633

78,063

3,917,946

52,713

532,376

314,265

1,690,186

0

57,568,492

0

255,100

15,259,738

407,960

191,096

184,558

427,231

231,220

4,534,465

180,000

0

167,160,858

0

1,070,345

30,924,041

10,684

29,050

16,503

0

12,369,357

47,669

13,849,203

42,484,705

21,051,160

25,224,699

0

446,618,928


55


53,789

1,104,248

719,255

6,479,827

8,771,956

100,120

4,277,077

0

70,985

2,774,871

707,997

0

46,785,710

0

261,095

2,584,925

2,166,958

948,564

798,400

673,774

6,860,670

3,337,938

784,456

0

15,804,191

0

228,886

2,409,222

381,576

0

94,431

0

5,031,980

329,290

13,582,867

45,251,525

936,594

6,877,762

16,581,900

197,772,838

15,973

2,882,444

1,030,544

9,377,833

29,192,516

5,816,409

9,173,946

116,952

289,850

464,642

99,850,418

10,578

67,419,703

2,026,873

3,424,160

276,835

247,500

3,363,000

457,916

95,232,962

5,324,991

935,935

548,000

342,556

5,545,323

206,450

23,298,494

90,627,497

18,402,846

21,537,490

497,440,636

36,669

11,429,578

551,656

5,840,698

27,042,961

8,800

1,071,199

8,974,750

66,480

3,505,620

3,072,039

72,102,184

240,800

33,806,149

2,243,518

1,933,950

442,972

4,608,082

1,196,714

433,546

839,248,240

2,182,200

29,015,628

175,728

10,235,673

149,477

15,050,753

113,455,026

6,075,001

2,267,785

1,196,463,875

106,139

13,217,551

3,771,334

2,199,933

66,677,581

2,000

6,837,735

3,000,570

509,291

28,113,800

1,095,687

93,992,872

143,070

65,633,232

732,343

44,725,298

891,624

128,903,410

3,327,827

186,519

59,659,996

5,496,202

18,307,827

799,727

2,970,907

4,542,054

15,508

34,488,294

83,416,850

9,064,427

149,905,606

5,700

832,740,914

50,590

1,122,538

5,168,886

1,688,709

9,276,894

3,710

13,891,209

10,045,685

33,170

577,976

13,703,038

14,644,580

8,546,689

971,592

6,767,232

470,318

4,946,220

4,333,161

71,250

0

29,203,893

6,000

505,070

19,680,790

0

16,350

1,188,466

6,690,305

495,530

2,232,895

80,600,225

853,523

631,220

7,200

238,424,914

53,260

6,720,656

1,459,816

1,175,155

75,709,180

25,035

8,622,031

2,948,750

66,016

4,737,539

32,115,395

38,595,974

947,700

9,080

22,979,891

1,336,076

8,700,762

20,725,472

154,758

1,312,897

1,364,866

958,231

0

303,374,432

0

2,579,612,472

27,694,307

2,553,943

0

12,852,294

20,990,243

153,721

7,946,682

41,513,594

7,120,353

46,055,777

0

3,280,586,360

939,358

863,853

3,554,461

1,542,442

68,007,676

39,600

15,514,382

2,640,521

1,343,484

3,487,326

5,021,878

31,403,565

0

211,211

41,692,806

784,823

191,099,968

305,575

847,105

617,860

1,384,363

141,147

235,000

1,218,814,763

0

20,544,234

24,808,552

109,565

10,367,950

623,039

67,463,296

70,017,187

33,974,826

122,170,299

6,546,158

7,887,495

0

1,955,005,765

3,553,163

72,193,489

28,951,089

36,963,354

379,425,925

451,158

71,619,406

55,286,005

2,744,694

64,381,064

62,330,930

0

500,483,721

3,667,700

2,962,834

304,661,112

38,607,535

287,132,171

22,075,470

4,811,584

182,113,930

43,092,100

4,469,165

264,040

3,249,096,594

252,000

2,626,323,242

180,158,868

4,033,799

11,036,475

24,496,230

130,000

157,867,639

73,949,793

187,267,205

858,136,934

395,049,067

1,466,617,982

16,594,800

11,423,252,267


(Cont’d.)


56


Preference Shares

Bank of Nova Scotia Variable Pref.C & W Ja. 5.5%C & W Ja. 6%Capital & Credit Merchant Bank Var PrefJ.L.A. 7.5%J.M.M.B. 12%J.M.M.B. 12.15%J.M.M.B. 12.25%J.P.S 5% CJ.P.S 5% DJ.P.S 6%J.P.S 7%Jamaica Stock Exchange Var PrefLascelles deMercado & Co. 15%Lascelles deMercado & Co. 6%Mayberry Investments Ltd. 12%NCB CAP Markets 11.75%P.C.F.S. 12.5%Total Preference (Monthly)

Monthly Total

*includes block transaction

15,9180000

622,4340

1,244,3650000

324,69800

35,235771,759

03,014,408

527,323,400

3,47700

3,0650

478,5030

4,921,7510000

73,50000

288,665306,043

06,075,003

368,618,534

92,36600

217,396000

2,023,2600000

781,25800

82,683486,556

03,683,519

1,189,953,588

19,05300

34,977000

709,7800000

394,73000

64,593795,418

02,018,551

707,093,996

122,05300

1,582766,372

00

544,4700000000

2,370,4696,296

03,811,242

450,430,171


(Cont’d.)



57


127,890000

283,706229,930

0329,295

0000

152,02000

104,9021,621,498

02,849,240

200,622,079

166,761

18,081259,478444,000

268,865

770,823

1,554,0381,100,0003,648,0008,230,047

505,670,683

36,047

9,6732,400

412,87576,310

264,703

180,233

148,968627,848

1,759,055

1,198,222,930

179,409

46,799

682,447

171,547

322,42940,706

3,793,7505,237,088

837,978,003

82,85400

91,6400

22,5000

1,613,5040000

42,74100

333,08469,363

02,255,685

240,680,599

150,9750

59176,575

33,504106,220

044,647,041

0124

00

65,85500

4,700516,780

045,701,832

3,326,288,192

141,12200

1,8090

3,785,4900

1,179,2710000

1,037,85500

342,0452,943

06,490,535

1,961,496,299

1,137,9230

59601,596

1,345,4606,101,951

76,31058,428,752

0124

00

3,995,26000

5,651,8126,345,2097,441,750

91,126,207

11,514,378,474


(Cont’d.)


100,000

600,000

1,100,000

1,600,000

2,100,000

2,600,000

3,100,000

3,600,000

4,100,000

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

Month

Ordinary Value (2009 vs 2008)

2009

2008

Va

lue($

)

59

Understanding Terms and References

T

ACKNOWLEDGEMENT

he policy used to guide the process of compiling statistics relating to each company requires that the data be arranged to mirror the published accounts of the respective company.

The statistics are based on the audited financial statements of the companies under review. The figures given for the highest and lowest (share prices) relate to the highest and lowest prices for the calendar year. The closing stock price relates to closing price at the company's year-end.

The Jamaica Stock Exchange's Year Book is intended to be a general reference book and does not, by itself, provide answers to all the questions which should be asked about shares and their prospects. Detailed evaluation of a particular company should not be made without consulting a stockbroker or investment advisor.

International Securities Identification Number (ISIN) appears beside the name of each listed company. These numbers uniquely identify the securities internationally.

1. Shareholders' Equity includes share capital, which takes into account preference share, revenue and capital reserves, but excludes minority interest.

2. Return on Equity is calculated based on average capital (average of capital at beginning of year and capital at year-end) in use for the year, including preference stock.

3. Gearing debt includes interest bearing debts only, for example, bank loans, overdraft and long term liabilities. 4. After Tax Profits represent profit after taxation as reported by the annual reports of the listed companies. 5. Price Earnings Ratio is calculated using closing stock price at the companies' financial year end. 6. Earnings Per Share (EPS) reflects EPS as reported by companies. EPS and closing price per share are

quoted in Jamaican dollars, except for First Caribbean International Bank (FCIB); Guardian Holdings Ltd., Trinidad Cement Ltd. and RBTT, where the quotations are in Barbados or TT dollars, except for closing stock which is in Jamaican dollars.

7. Operating Profit Margin is calculated using Turnover and Pre-tax Profit as reported in the financial statements of the listed companies.

8. Balance Sheet and Profit and Loss figures are quoted in thousands. 9. Previously published financial data, which is included in this report, may reflect adjustments made

subsequent to publication. 10. The Jamaica Stock Exchange relies on the listed companies for information to ensure the accuracy of the

book's content. Where information, such as telephone numbers or corporate data, is not received on time for publication, data in the previous year's publication is utilized or the information is omitted.

LEGEND: n/a = Figures were not made available for publication. * = Re-stated * = Company was de-listed

The Jamaica Stock Exchange Year Book is an annual publication of the Jamaica Stock Exchange. It is distributed free of cost to local and international investors. We are grateful to all our advertisers for their consistent support. The teams behind the publication are:

Marketing & Communications Market Operations & TradingNeville Ellis - Snr. Marketing Officer Riccalya Robb – Trading OfficerMichael Johnson - Marketing Officer Robyn-Kay Deleon – Trading AssistantDavia Eastman – Marketing AssistantCharlette Eddie-Nugent - Communications Assistant

Marlene Street-Forrest General ManagerRobin Levy Deputy General Manager


61

Financial Year End December 31

Access Financial Services Ltd (AFS JMP )

Board of Directors

Secretary

Registrar &Transfer Agent

Principal Activities

Financial Data

2009 2008 2007 2006 2005 2004

Website:

*Restated

BALANCE SHEET (000)

No. of Shares issued

Shareholders' Equity

Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover

% incr. over prior yr

Pre-tax Profit

% incr (decr.) over prior yr.

Aftertax Profit (Loss)

% incr. over prior yr.

Extraordinary items

IMPORTANT RATIOS

Debt/Equity

Current Ratio

Return on Equity

Earnings Per Share

Closing Stock Price

P.E. Ratio

68,800

114,882

1,041

301,686

294,660

325,103

220,841

51,154

32,874

2.63

0.91

23.16

1.50


27,451

273,794

308,060

477,044

334,686

299,284

35.52

84,750

65.68

65,999

100.76

1.13

1.43

33.96

28.32

2.88

27.51

9.55

CORPORATE INFORMATION AND FINANCIAL DATA

Operating Profit (Loss) Margin

Jamaica Central Securities Depository Ltd.40 Harbour Street, Kingston

A provider of micro, small and medium sized business loans and personal loans. The Company also offers hire purchase facilities, as well as remittance, cambio and bill payment services.

Gary Peart

www.accessfinanceonline.com

Brian Goldson (Chairman); Marcus James (CEO); Gary Peart (Company Secretary)Christopher Berry; Alexander Johnson

62

Bank of Nova Scotia (Ja.) Ltd. (BNSJ JMP191761098)

Financial Year End October 31

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

IMPORTANT RATIOS

Return on equity

Asset Growth

Deposit Growth

Loan Growth

Return on Assets

Operating Profit Margin

Earnings Per Share

Closing Stock Price

P.E. Ratio

Loan & Investment Growth

Board of Directors

Scotia Jamaica Investment Management Ltd.4th Floor, Scotiabank CentreCnr. Duke & Port Royal Streets, P.O. Box 627, Kingston

Secretary


Scotia Jamaica Life Insurance Company Ltd.; The Scotia Jamaica Building SocietyScotia Jamaica Financial Services Ltd.; Brighton Holdings Ltd.

Subsidiaries


Website: www.scotiabank.com.jm

Email: [email protected]

Julie Thompson-James

Commercial and merchant banking and trust company operations

*Restated

Robert H. Pitfield (Chairman); Hon. Mayer Matalon, O.J. (Deputy Chairman); Bruce Bowen (President & CEO) Barbara Alexander ; Anthony Chang; Muna Issa (resigned effective July 19, 2010); Jeffrey Hall Pasquale Minicucci; Charles Johnston; Warren McDonald; Dr. Herbert Thompson; Professor Stephen VasciannieRichard Waugh

100,000

38,170,121

242,448,272

152,724,668

90,033,247

72,420,141

37,335,830

18.29

12,970,595

9.77

9,651,781

11.98

-

27.62

13.05

10.18

3.87

14.59

3.98

34.74

1.20

100,000

31,717,204

214,461,164

138,610,153

86,675,776

55,093,573

31,562,923

11.49

11,816,466

22.94

8,619,584

25.82

-

28.96

4.51

8.40

16.20

6.34

4.02

37.44

1.12

100,000

27,802,325

205,207,502

127,874,460

74,589,271

58,723,425

28,309,989

4.67

9,611,820

3.18

6,850,617

0.76

-

24.82

2.69

12.88

23.92

23.33

3.34

33.95

1.35

2,927,232

27,389,555

199,840,115

113,279,538

60,189,926

47,906,955

27,046,527

8.15

9,315,624

11.83

6,798,908

15.52

-

26.71

8.93

5.33

-30.73

-15.51

3.40

34.44

2.32

22.10

9.53

2,927,232

23,524,953

183,460,578

107,546,636

86,892,092

41,046,175

25,007,701

8,329,812

1.92

5,885,586

0.50

-

26.67

9.09

8.84

10.69

12.64

3.21

33.31

2.01

21.14

10.52

1,463,616

20,605,017

168,167,649

98,810,819

78,500,762

35,078,821

25,312,785

28.56

8,172,633

11.84

5,856,057

7.32

-

30.61

13.89

13.49

19.58

17.78

3.48

32.29

2.00

25.26

12.63


*

*

*

*

*

*

*

*

*

*

(1.21)

63


Berger Paints (Ja.) Limited (BRG JMP165551079)

Financial Data

2009+ 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit




Extraordinary items

IMPORTANT RATIOS

Debt/Equity

Current Ratio

Return on Equity

Earnings Per Share

Closing Stock Price

P.E. Ratio


Board of Directors

Secretary



Website: bergercaribbean.com

Huron Gordon

*Reclassified+Berger Paints Limited financial year end changed from Dec 31 to Mar 31, therefore the results used was for the 15 month period ended March 31, 2010

Jalaj Dani (Chairman); Warren McDonald (Managing Director); Pokar Chandiram; Michael FennellMilton Samuda; Gokul Manjeshwar; Newton Abrahams

41B Half Way Tree RoadKingston 5

214,322

458,036

105,253

0

527,802

243,884

1,829,255

19.79

95,416

344.23

74,099

376.21

0.00

2.16

17.19

5.22

0.35

2.68

7.66

214,322

404,098

95,114

0

687,594

481,120

1,527,014

4.98

21,479

15,560

0.00

1.43

3.72

1.41

0.07

2.00

28.57

214,322

433,346

89,574

0

673,698

415,094

1,454,602

13.03

76,594

44.31

47,363

23.06

0.00

1.62

11.04

5.27

0.22

3.00

13.64

214,322

424,361

78,674

0

587,890

316,604

1,286,955

9.58

53,075

38,487

0.00

1.86

9.02

4.12

0.18

4.20

23.33

214,322

428,538

67,336

0

557,415

257,424

1,174,469

6.06

97,715

65,791

0.00

2.17

15.54

8.32

0.31

3.78

12.19

214,322

418,270

52,566

0

530,184

213,271

1,107,405

8.96

105,376

67,017

0.00

2.49

16.07

9.52

0.31

5.67

18.29


(71.96)

(67.15)

(45.68)

(41.50)

(7.27)

(1.83)

(15.66)

(18.04)

Manufactures and distributes of industrial and decorative paints and paint related material

64

Financial Year End March 31

Cable & Wireless (Ja.) Ltd. (CWJA JMP192311026)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


IMPORTANT RATIOS

Debt/Equity

Current Assets Ratio

Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Duke Corporation Limited, Penthouse, Scotiabank CentreCnr. Duke & Port Royal Streets, Kingston

Jamaica Digiport International Limited

Website: www.cwjamaica.com


Camille Facey

Provision of international and domestic telecommunication services

*Restated

Christopher Dehring (Chairman); Andrew Cocking; Geoff Houston (Country Manager); Leonardo de Barros Mark Kerr-Jarrett JP; Hon. Patrick Rousseau, OJ; Ken McFayden; David Shaw (CEO LIME Caribbean) Camille Facey (Senior Vice President, Legal Regulatory & Public Policy/Company Secretary)

16,817,440

15,387,416

285,951

302,163

5,692,429

6,642,511

16,370,138

2.01

94.88

92.78

0.02

0.86

0.45

16,817,440

14,695,499

3,421,455

4,170,494

5,643,395

6,589,605

16,046,854

0.28

0.86

0.78

16,817,440

20,321,828

222,515

3,277,030

7,805,406

8,978,982

18,004,306

7.81

3,137,299

18.61

2,053,766

6.82

0.16

0.87

10.32

17.43

0.12

0.99

8.25

16,817,440

19,497,937

219,501

605,228

6,608,609

5,834,551

16,700,281

2,645,109

1,922,561

0.03

1.13

9.95

15.84

0.11

1.20

10.91

16,817,440

19,164,960

563,957

929,455

6,341,464

6,691,888

17,257,383

3,100,226

137.83

2,281,134

142.39

0.05

0.95

12.59

17.96

0.14

1.55

11.48

16,817,440

17,067,619

1,441,477

3,589,475

6,604,777

15,990,918

18,576,773

0.21

0.41

0.98


(10.87)

(7,216,382)

(330.02)

(4,194,698)

(304.24)

(369,555)

(302,825)

(2.01)

(2.26)

(0.02)

(25.00)

(23.96)

(44.97)

(0.25)

(3.12)

(3.23)

(14.68)

(15.72)

(7.10) (12.26)

(8,195,078)

(406.96)

(5,381,056)

(393.85)

(3.06)

(26.53)

(44.11)

(0.32)

*

*

*

65


Capital & Credit Merchant Bank (CCMB JMP200871052)

Financial Data

Board of Directors

Secretary

Registrar & Transfer Agent

Veritat Corporation - 6 Duke Street, KingstonKPMG Trinidad (Sub Registrar)Scotia Centre - 55-58 Richmond Street, Port of Spain, Trinidad & Tobago

Capital & Credit Securities Ltd. Capital & Credit Fund Managers Ltd.Capital & Credit International Inc.

www.capital-credit.com

[email protected]

Trudy-Ann Bartley Thompson

Subsidiary & Affiliatesd Companies


Website:

Email:

Taking deposits, granting loans and trading in foreign exchange and Government securities

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover

% incr. (decr.) over prior yr

Pre-tax Profit

% incr. (decr.) over prior yr.

Aftertax Profit


IMPORTANT RATIOS

Return on Equity

Asset Growth

Deposit Growth

Loan Growth


Return on Assets

Earnings per share

Closing Stock Price

P.E. Ratio


Ryland T. Campbell (Chairman/Group President & CEO); Curtis A. Martin (Deputy Group President & CEO- Banking & Investment Services); Andrew Cocking (Deputy Group President & CEO- International Business); Maria Jones (Chief Executive Officer- Management Institute for National Development); Kelvin St. Clair Roberts (Chartered Accountant); Gregory B Shirley; Patrick Thelwell; Carlton Earl Samuels (Managing Director, NHT); Trudy-Ann Bartley Thompson (Company Secretary)

5,625,849

43,674,863

8,336,639

6,957,451

10,755,360

6,059,048

6.92

347,762

342,706

6.42

0.78

5.74

0.52

1.55

2.98

5,046,367

46,834,750

9,378,051

7,557,891

11,008,285

5,667,008

3.56

517,283

453,402

1.55

8.39

22.25

18.01

0.97

9.13

0.70

1.80

2.57

641,160

5,762,004

54,347,549

7,670,991

6,404,421

19,062,910

5,472,222

534,806

446,483

7.97

2.93

34.96

63.38

0.82

9.77

0.69

18.50

26.81

641,160

5,448,874

52,801,207

5,683,937

3,919,943

44,710,750

6,069,800

3.08

921,938

(31.12)

771,882

(33.30)

15.27

17.89

48.27

1.46

15.19

1.20

18.50

15.42

641,160

4,659,103

52,953,244

4,821,355

2,643,783

47,227,433

5,888,334

11.20

1,338,542

36.83

1,157,223

33.73

30.11

6.62

0.49

2.43

2.19

22.73

1.96

22.50

11.48

588,800

3,026,886

58,959,823

4,522,026

2,630,935

46,057,868

5,295,371

28.29

978,259

76.34

865,319

85.98

33.83

41.68

109.88

43.80

25.32

1.47

18.47

1.47

32.00

21.77

Capital and Credit Merchant Bank ordinary shares were delisted on May 14, 2008 and its preference shares were listed on May 15, 2008


(32.77)

(24.41)

(6.75)

(11.10)

(7.94)

(4.60) (27.10)

(13.82)

(3.28)

(9.85)

(41.99)

(42.16)

(47.63)

(0.29)

(2.49)

(10.19)

**

*

*

*


Capital and Credit Financial Group (CCMB JMP200871052)

Financial Data

Board of Directors

Secretary


Veritat Corporation - 6 Duke Street, KingstonKPMG Trinidad (Sub Registrar)Scotia Centre - 55-58 Richmond Street, Port of Spain, Trinidad & Tobago

Capital & Credit Securities Ltd. Capital & Credit Fund Managers Ltd.Capital & Credit Merchant Bank Limited. Capital & Credit Remittance Limited

www.capital-credit.com

[email protected]

Trudy-Ann Bartley Thompson

Subsidiary & Affiliatesd Companies


Website:

Email:

Taking deposits, granting loans and trading in foreign exchange and Government securities

Ryland T. Campbell (Chairman/Group President & CEO); Curtis A. Martin (Deputy Group President)Andrew Cocking (Deputy Group President); Maria Jones (Chief Executive Officer- Management Institute for National Development); Kelvin St. Clair Roberts (Chartered Accountant); E. Carroll Thorburn (Chartered Accountant)Gregory B Shirley; Audrey Deer Williams; Patrick Thelwell; Carlton Earl Samuels Trudy-Ann Bartley Thompson (Company Secretary)


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


IMPORTANT RATIOS

Return on Equity

Asset Growth

Deposit Growth

Loan Growth


Return on Assets

Earnings per share

Closing Stock Price

P.E. ratio


927,566

5,730,916

43,755,222

8,335,744

6,833,886

10,823,479

4,161,653

287,751

290,639

5.32

0.66

6.91

0.31

4.41

14.23

927,566

5,191,777

47,018,831

9,377,986

7,626,062

11,084,670

4,163,780

2.13

449,543

7.63

389,495

11.86

8.06

22.30

16.90

0.83

10.80

0.38

5.28

13.89

4,475,606

54,841,228

7,667,834

6,523,850

19,359,074

4,077,034

417,670

348,184

0.25

**

*

*

*

*

*

(0.05)

(35.99)

(25.38)

(6.94)

(11.11)

(10.39)

(5.63) (27.71)

(14.26)

68


Caribbean Cement Company (CCC JMP210961059)

Board of Directors

Secretary

Registrar & Transfer Agent (Effective 15/12/06)

Subsidiaries


Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit (Loss)




Exceptional Item

Extraordinary Item

IMPORTANT RATIOS

Debt/Equity Ratio


Return on Equity

Earnings (Loss) Per Share

Closing Stock Price

P.E. Ratio

Operating (Loss) Profit Margin

Pan Caribbean Merchant Bank Limited60 Kuntsford Boulevard, Kingston 5

Jamaica Gypsum & Quarries Ltd; Harbour Head Rockfort Mineral Bath Complex Ltd.; RockfortCaribbean Gypsum Company Ltd, Rockfort

Website: www.caribcement.com


Shaun Lawson-Laing

Manufacture and sale of Portland cement and the winning and sale of gypsum.

*Restated

Brian Young, F.C.A. (Chairman); Rollin Bertrand, Ph.D (Group CEO); Hollis Hosein F.C.C.A., C.A.Judith Robinson, F.C.C.A., Ph.D.; Paul Stockhausen, B.Eng.; Bevon Francis; Derek Jones

851,137

3,240,096

3,178

6,078

3,425,499

3,473,008

8,869,260

0.73

-

-

0.00

0.99

-4.31

4.00

851,137

3,458,584

6,117

42,299

3,478,903

3,470,851

8,805,293

12.21

571,932

416,438

-

-

0.01

1.00

12.59

6.50

0.49

3.95

8.06

851,137

3,155,921

7,897

74,154

2,194,750

1,740,937

7,847,307

16.59

659,672

1021.72

522,123

576.62

-

-

0.02

1.26

17.69

8.41

0.61

9.75

15.98

851,137

2,747,573

12,288

161,676

2,131,216

2,080,248

6,730,968

12.20

58,809

77,166

-

-

0.06

1.02

2.79

0.87

0.09

9.64

107.11

851,137

2,784,182

10,248

132,724

1,732,082

1,785,343

5,999,295

10.02

215,451

168,927

-

-

0.05

0.97

6.08

3.59

0.20

9.50

47.50

851,137

2,771,121

9,315

98,134

1,517,678

1,399,013

5,452,759

35.75

859,012

35.86

842,361

85.18

-

-

0.04

1.08

34.57

15.75

0.99

12.90

13.03


(241,028)

(142.14)

(144,512)

(134.70)

(2.72)

(0.17)

(23.53)

(13.30)

(20.24) (54.32)

(72.70) (74.92)

(79.95)

*

*

*

69


Carreras Group Limited (CAR JMP213891048)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

Minority Interests

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

Extrordinary item

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary



Website:

Email:

N.C.B. Jamaica (Nominees) Limited32 Trafalgar Road, Kingston 10

www.bat.com or www.batcca.com

[email protected][email protected]

Marcus Steele

Manufacturing distribution and marketing

Christopher Burton (Chairman); Michael Bernard (Managing Director); William McConnell; Oliver Holmes Leonardo Morales (resigned effective July 19, 2010); Trevor Patterson; Patrick Smith (resigned effective February 9, 2010); Marcus Steele; Bruce Terrier; Federico Jenkins (appointment effective February 9, 2010); Alan Davy (appoinment effective July 20, 2010)

485,440

3,472,034

0

0

4,670,052

2,784,422

4,800

10,923,530

20.87

5,228,696

3,528,444

-

-

0.00

1.68

62.78

47.87

7.27

37.76

5.19

485,440

7,768,667

0

0

8,836,628

2,373,418

14,601

9,037,241

29.01

5,827,735

44.33

4,000,020

44.57

-

-

0.00

3.72

55.51

64.49

8.24

73.51

8.92

485,440

6,642,746

0

0

8,861,463

1,789,508

13,599

7,005,159

0.72

4,037,883

2,766,915

-

-

0.00

4.95

42.71

57.64

5.69

49.61

8.72

485,440

6,315,453

0

0

10,304,333

4,163,469

13,569

6,955,087

5.30

4,146,834

17.32

3,033,553

23.36

-

-

0.00

2.47

43.39

59.62

6.24

34.40

5.51

485,440

7,666,781

0

0

8,166,199

2,267,543

16,590

6,604,902

11.15

3,534,761

2,459,194

-

-

0.00

3.60

22.71

53.52

5.06

36.00

7.11

485,440

13,992,418

0

0

11,421,194

1,746,898

15,307

5,942,333

19.51

4,052,979

2,849,685

0.00

6.54

20.64

68.21

5.86

48.50

8.28


(10.28)

(11.79) (8.79)

(2.63) (12.79)

(13.70) (15.05)

(85,245)

(3.42)

*

71

Financial Year End May 31

Ciboney Group Limited (CBNY JMP283451095)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit/(Loss)


After-tax Profit/(Loss)


Exceptional Items

Minority Interest

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Closing Stock Price

P.E. Ratio


Board of Directors

Secretary


Subsidiaries


Email:

Sharon Burke

Ciboney Hotels Limited; Ciboney Proprietors Limited; Leisure Operators Limited; Luxury Resorts Enterprises Limited

[email protected]

Resorts Investments

*Restated

Robert Stephens; Geoffrey Messado; Michael Campbell; Errol Campbell (Chairman)Sharon Burke (Company Sec.)

KPMG Regulatory & Compliance ServicesThe Victoria Mutual Building, 6 Duke Street, Kingston

546,000

0

0

105,777

127,743

0

4,781

241.41

1,015

129.43

-

-

0.00

0.83

N/A

0.19

0.07

0.37

546,000

0

0

105,150

128,130

0

27.86

-

-

0.00

0.82

18.28

N/A

0.05

546,000

0

0

110,340

129,902

0

-

-

0.00

0.85

48.96

N/A

0.03

546,000

0

0

114,005

128,848

0

11,046

202.00

10,382

-

-

0.00

0.88

N/A

0.02

0.05

2.63

546,000

342,975

560,846

331,750

613,523

0

-

-

0.54

85.49

N/A

0.08

546,000

559,846

821,134

359,830

567,346

78,421

350,775

744.71

350,775

744.57

-

68,364

0.63

447.30

0.06

0.10

1.56


(21,965)

(4.89)

(0.08)

(0.63)

(3,381)

(5.56)

(3,449)

(22,980) (19,530)

(3,203)

(129.00)

(4,781)

(146.05)

(0.87)

(0.03)

(52.06)

(168.98)

(14,750) (25,132)

(100.00)

(10,829)

(103.09)

(15,051)

(104.29)

(22.32)

(0.03)

(2.86)

(185.40)

(81.45)

(32.02)

(10,081)

*

72


Scotia DBG Investments Ltd (SDBG JMP345601059)

Financial Data

2009 2008 2007 2007 2006 2005

Board of Directors

Secretary


Subsidiaries


Duke Corporation Limited7th Floor, Scotia Centre, Corner Duke & Port Royal Streets, Kingston

Scotia DBG Fund Managers Inc; Scotia DBG Fund Managers Limited; Scotia DBG Merchant Bank LimitedScotia Jamaica Investment Management Limited; Billy Craig Investments Limited; Asset Management Company LimitedInterlink Investments Limited; DB&G Corporate Services Limited

Website: www.scotiadbg.com



The provision of corporate finance, investment and advisory services.

Anya Schnoor (Chief Executive Officer); Bruce Bowen; Barbara Alexander; Anthony Chang; Muna Issa (resigned effective July 19, 2010); Angela Fowler; Anthony Woodward; Dr. Anna Law; Phillip Martin; Julie Thompson-James; Professor Stephen Vasciannie (Chairman)

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional items

IMPORTANT RATIOS

Return on Equity

Asset Growth

Deposit Growth

Loan Growth


Return on Assets

Earnings per share

Closing Stock Price

P.E. Ratio


7 MONTHS 12 MONTHS

423,195

7,686,992

74,010,727

2,644,024

2,726,008

825,782

3,796,568

48.40

2,584,256

68.07

2,128,870

71.76

31.64

12.14

2.88

68.07

5.03

17.50

3.48

423,195

5,771,904

65,996,518

3,647,923

3,406,966

619,939

2,558,390

257.09

1,537,636

236.10

1,239,480

80.60

21.15

17.11

19.68

1.88

60.10

2.93

22.00

7.51

423,195

5,950,438

56,352,603

3,048,121

3,466,685

2,225,840

716,451

-83.06

457,487

686,295

-

13.25

49.28

16.60

1.22

63.85

1.83

23.02

12.58

309,258

4,408,106

37,749,263

2,614,104

3,741,177

20,184,987

4,228,618

1.72

700,102

702,955

-

17.64

23.48

6.58

12.33

13.62

1.86

16.56

2.27

24.90

10.97

303,194

3,563,174

30,572,360

2,452,666

3,330,433

17,726,996

4,157,027

2.16

886,429

9.31

882,319

9.93

-

31.04

7.56

17.49

37.55

-2.91

2.89

21.32

2.91

18.20

6.25

290,385

2,122,312

28,422,734

2,087,583

2,421,195

19,267,078

4,069,059

810,953

48.09

802,642

49.03

-

45.85

20.17

95.66

59.66

15.36

2.82

19.93

2.76

22.50

8.15


(27.52)

(19.99)

(11.80)(1.72)

(29.26)

(34.65)

(2.37)

(7.34)

(76.21)

(20.33)

(21.02)

(10.39)

*

*

*

*

*RestatedIn 2007, DBG year end was changed to October 31 and as a result the financial data is provided for the twelve months ended March 31, 2007 and the seven months ended October 31, 2007

73

Financial Year End June 30

Desnoes & Geddes Ltd. (DG JMP350801032)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover






Extraordinary/Except. items

Exceptional Items

IMPORTANT RATIOS

Debt/Equity Ratio


Return on Equity


Closing Stock Price

P.E. Ratio

Operating (Loss) Profit Margin

Board of Directors

Secretary


Subsidiaries


Website: www.redstripebeer.com

NCB Jamaica (Nominees) Limited32 Trafalgar Road, Kingston 5

D & G Wines Limited (in liquidation); Jamaica Metal Lithographers Limited (in liquidation)Foods of Jamaica (Export) Limited; Red Stripe Brewing Company Limited (Formerly GJL Limited)

Gene M. Douglas

Brewing, Blending and distributing beers and stouts.

# Reclassified to reflect a comparison between the 18 mnths ending Jun '98 vs. 12 mnths ending Dec '96* Restated

Richard Byles (Chairman); Alan Barnes (Managing Director); Allan Hood; Noel DaCosta (Corporate Relations Director); Andrew Jones; Damien King; Peter Karl Melhado; Richard William T. Coe; Lisa A. Soares-Lewis; Patrick Van Schie; Harrish McDonald

2,809,171

6,246,636

-

733,608

3,183,767

2,992,255

13,447,889

7.68

2,211,441

32.39

1,551,323

48.82

-

0.12

1.06

24.66

16.44

0.55

4.00

7.27

2,809,171

6,332,871

-

679,108

2,751,532

2,876,658

12,488,766

10.39

1,670,350

1,042,449

-

0.11

0.96

16.20

13.37

0.37

7.15

19.32

2,809,171

6,537,303

-

-

2,463,091

2,214,262

11,313,276

11.85

2,093,226

1,408,540

-

0.00

1.11

24.88

18.50

0.51

7.05

13.82

2,809,171

4,784,763

-

-

2,476,515

1,536,507

10,114,372

10.72

2,324,401

2,211,847

-

0.00

1.61

49.52

22.98

0.79

7.79

9.89

2,174,980

4,147,944

-

-

2,483,271

1,737,859

9,135,115

16.13

2,503,442

34.53

2,353,054

51.52

-

0.00

1.43

113.46

27.40

0.83

9.50

11.45

1,404,586

4,334,801

-

2,277

1,895,345

1,108,633

7,866,540

14.91

1,860,864

27.49

1,552,958

16.93

-

0.00

1.71

35.32

23.66

0.55

6.90

12.55


(20.20)

(25.99)

(9.95)

(36.32) (6.00)

(7.15)

*

*

*

*

*

*

74


First Caribbean International Bank (FCIB)

Financial Data

2009 2008 2007 2006 2005 2004

*RestatedNote :- Closing stock price quoted in Ja. $

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary items

Exceptional Items

IMPORTANT RATIOS

Return on equity

Asset Growth

Deposit Growth

Loan Growth

Loan & Invest.Growth

Return on Assets


Earnings Per Share

Closing Stock Price

$US$US $US $US $US

1,525,132

1,518,769

10,502,577

8,658,353

6,905,476

1,743,690

749,549

202,182

0.10

175,201

-

-

12.28

1.34

1.67

26.97

11.20

118.00

$US1,525,176

1,335,795

10,940,154

9,196,049

6,814,278

2,004,269

815,227

201,973

179,753

-

-

13.33

12.08

3.13

1.64

24.78

11.50

120.02

1,525,176

1,360,820

11,855,675

9,275,685

6,079,959

2,471,004

965,905

28.16

284,433

54.35

261,341

59.09

-

-

20.42

3.80

1.53

7.98

18.86

2.20

29.45

16.80

140.00

1,525,176

1,199,299

11,421,728

9,135,950

5,630,669

1,563,581

753,643

5.86

184,278

164,273

-

-

14.41

19.32

18.20

22.32

37.28

1.44

24.45

10.40

118.75

1,525,176

1,080,179

9,572,641

7,729,395

4,603,137

637,457

711,904

38.99

273,760

151.63

260,277

193.96

-

-

22.76

10.68

5.34

17.01

10.28

2.72

38.45

16.70

123.20

1,525,934

1,207,103

8,648,720

7,337,636

3,933,886

818,396

512,206

N/A

108,795

N/A

88,542

N/A

-

-

7.34

N/A

N/A

N/A

N/A

1.02

21.24

5.80

100.00


(8.06)

(2.53)

(4.00)

(5.85)

(1.92)

(7.72)

(0.86)

(31.22)

(15.60)

(28.99) (32.69)

(36.89)

*

*

*

*

*

*

*

*

*

*

*

*

*

*

Board of Directors

Secretary


Subsidiaries

FirstCaribbean International Trust and Merchant Bank (Barbados) LimitedP.O. Box 503, Rendezvous Christ Church, Kingston 5

Ella N. Hoyos

First Caribbean International Bank Limited (Barbados); First Caribbean International Wealth Management Bank (Barbados) Limited; First Caribbean International Bank (Bahamas) Limited; First Caribbean International Finance Corporation (Bahamas) Limited, First Caribbean International (Bahamas) Nominees Company Limited; First Caribbean International Land Holdings (TCI) Limited (Turks & Caicos Islands); First Caribbean International Bank (Barbados) Limited; First Caribbean International Finance Corporation (Leeward & Windward) Limited (St. Lucia); First Caribbean International Land Holdings (Barbados) Limited; First Caribbean International Bank (Jamaica) Limited; First Caribbean International Building Society Limited (Jamaica), First Caribbean International Trust & Merchant Bank (Barbados) Limited; First Caribbean International Bank (Cayman) Limited

Website: www.firstcaribbeanbank.comEmail: [email protected]

Michael Kelvin Mansoor ( Executive Chairman); John D Orr (Chief Executive Officer/Managing Director)Sonia Baxendale; Sir Fred Winlyn Gollop; Richard Nesbitt; David Ritch; G. Diane Stewart; Thomas WoodsJ David Williamson; Paula Rajkumarsingh; Sir Allan Clifford Fields; Ella N. Hoyos (Company Secretary)

76


First Caribbean International Bank (FCIB) (Ja.)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary items

Exceptional Items

IMPORTANT RATIOS

Return on equity

Asset Growth

Deposit Growth

Loan Growth

Loan & Invest. Growth

Return on Assets


Earnings Per Share

Closing Stock Price

P.E. Ratio

265,757

7,256,163

52,655,850

43,900,172

34,385,404

2,294,308

5,220,049

4.87

1,307,287

4.88

886,658

6.18

-

-

12.94

6.11

6.12

-1.58

1.78

1.68

25.04

3.33

12.75

3.83

265,757

6,447,143

49,626,068

41,368,967

34,936,630

1,101,528

4,977,464

14.46

1,246,477

8.43

835,053

8.29

-

-

13.84

19.09

23.40

11.23

11.45

1.68

25.04

3.14

21.80

6.94

265,757

5,617,659

41,671,183

33,523,005

31,409,506

924,855

4,348,608

21.64

1,149,580

32.48

771,123

30.97

-

-

14.74

27.03

24.03

31.01

27.11

1.85

26.44

2.90

23.50

8.10

265,757

4,847,757

32,804,433

27,028,807

23,975,393

1,463,207

3,574,936

24.46

867,733

49.97

588,776

30.69

-

-

15.15

39.42

36.07

72.83

65.44

1.79

24.27

2.41

21.50

8.92

193,333

2,925,318

23,529,689

19,863,646

13,872,301

1,503,634

2,872,417

578,605

8.24

450,511

18.19

-

-

16.46

17.04

19.33

64.20

43.64

1.91

20.14

2.33

18.01

7.73

193,333

2,548,166

20,104,461

16,645,586

8,448,607

2,255,759

2,892,835

0.51

534,559

381,177

-

-

16.17

3.78

0.51

19.64

10.12

1.90

18.48

1.97

21.50

10.91

*Restated


(0.71)

(24.20)

(23.26)

*

* *

*

*

*

*

*

*

*

*

*

*

*

*

Directors:

Secretary: Allison Rattray

Registrar & Transfer Agent: FirstCaribbean International Securities Limited 23 - 27 Knutsford Boulevard, Kingston 5

Subsidiaries: First Caribbean International Building Society

Principal Activity: Banking and related activities.

Website: www.firstcaribbeanbank.comEmail: [email protected]

Michael Mansoor (Chairman); Clovis Metcalfe (Managing Director) Appointed effective January 1, 2009Anthony J. Bell; Christopher; D. Bovell; Peter D.McConnell; Professor Neville Ying Gerard Borely resigned effective October 31, 2009; Anthony Holness (Managing Director) effective September 1, 2010

77


First Jamaica Investments Ltd. (FJI JMP416651033)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Minority Interest

Exceptional Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Gene Douglas

Pan Caribbean Merchant Bank LimitedCorporate Trust Division64 Knutsford Boulevard, Kingston 5

Jamaica Property Company Ltd; Portfolio Partners Limited; St. Andrew Developers LimitedKnutsford Holdings Limited; Sagicor Life Jamaica Limited

Website: www.firstlife.com.jm

Investment Management.

Hon. Maurice W. Facey O.J. (Chairman); W.G. Bryan Ewen; Paul A. Facey (V.P. Investments)Roy Collister died on April 11, 2010; Donovan Perkins; Stephen B. Facey (Chief Executive Officer)Matthew Pragnell

*Restated

303,500

11,594,515

241,924

244,534

12,013,163

140,765

1,635,592

9.72

2,120,145

19.60

1,940,494

14.81

22,525

0.02

85.34

18.38

129.63

6.35

27.97

4.40

303,500

9,517,488

495,950

496,434

10,322,147

205,095

1,490,699

13.00

1,772,675

18.70

1,690,143

23.93

24,552

0.05

50.33

18.31

118.92

5.51

25.00

4.54

303,500

8,945,456

393,570

411,306

9,609,130

315,467

1,319,179

23.05

1,493,436

20.96

1,363,795

18.77

17,750

0.05

30.46

15.33

113.21

4.45

41.00

9.21

303,500

8,845,811

568,844

571,918

9,708,015

160,897

1,072,059

11.25

1,234,685

5.88

1,148,276

0.06

60.34

13.93

115.17

3.79

41.00

10.82

303,500

7,642,174

298,235

303,307

8,386,678

173,515

963,637

52.09

1,166,117

17.55

2,746,630

72.36

1,591,881

0.04

48.33

42.52

121.01

3.45

43.00

12.46

303,500

5,277,636

139,751

407,891

7,469,854

729,289

633,609

991,995

16.60

1,593,546

98.35

0.08

10.24

36.50

156.56

3.01

45.50

15.12


(58.19)

(3,788) (13,643)

(87.61)

(17,360)

*

*

*

* *

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

78


Gleaner Company Ltd. (GLNR JMP4744S1045)

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Publication/Printing of Newspaper and the sale of books.

Board of Directors

Secretary


Subsidiaries


NCB Jamaica (Nominees) Limited32 Trafalgar Road, Kingston

Sangster's Book Stores Limited; Popular Printers Limited; Independent Radio Company Ltd.; The Gleaner Company (USA) Limited; The Book Shop Limited; Creek Investment Limited; Selecto Publications Limited; Associated Enterprise Limited; VG Media Group Limited; Vee Tee Ay (Media Resources) Limited; Gleaner Company (Can.) Inc.

Website: www.jamaica-gleaner.com Email: [email protected]

*Restated

Hon. Oliver F. Clarke, O.J. (Chairman/Managing Director); Hon. John J. Issa, O.J. (Vice Chairman)Dr. Carol D. Archer; H. Winston Dear; Lisa G. Johnston; Prof. The Hon. Gerald C. Lalor, O.J. (Honorary Chairman); Joseph M. Matalon; Douglas R. Orane, C.D.; Christopher Roberts; Morin M. Seymour; Christopher Barnes

John Hudson

1,211,243

2,023,168

40,105

63,062

1,281,709

678,514

3,274,179

0.86

1,822

100.40

208,180

146.81

0.03

1.89

10.32

0.06

0.15

1.16

7.97

1,211,243

2,012,998

44,636

81,611

1,385,368

751,847

3,246,297

0.04

1.84

1.73

1,211,243

2,397,311

74,180

165,822

1,396,996

717,498

4,248,873

17.36

193,139

98,204

0.07

1.95

4.25

4.55

0.08

4.30

53.95

1,211,243

2,227,596

37,263

101,371

1,355,649

848,708

3,620,522

10.00

425,167

60.65

273,655

52.49

0.05

1.60

12.83

11.74

0.21

1.99

9.41

1,211,243

2,036,980

49,169

83,921

1,192,699

664,828

3,291,238

12.00

264,656

179,455

0.04

1.79

9.01

8.04

0.15

2.60

17.33

1,211,243

1,947,147

116,125

147,535

1,236,486

683,233

2,938,637

15.39

530,702

68.86

366,529

56.94

130,116

0.08

1.81

20.35

18.06

0.30

2.61

8.70


(23.60)

(451,266)

(333.65)

(444,688)

(552.82)

(20.17)

(13.90)

(0.37)

(4.66)

(54.57)

(64.11)

(50.13)

(51.04)

*

*

*

*

*

*

80


GraceKennedy & Company Ltd.(GK JMP4897P1050)

Board of Directors

Secretary

Registrar &Transfer Office

Subsidiaries


GK FOODSGrace Foods & Services Company Limited; Grace Food Processors Limited; Grace Foods International LimitedGrace Foods (UK) Limited; Grace Foods (USA) Inc.; GraceKennedy (Belize) Limited; GraceKennedy (Ontario) Inc.GK Foods & Services Limited; Chadha Oriental Foods Limited; Enco Products LimitedFunnybones Foodservice Limited; WT (Holdings) Limited; Grace Foods Limited; GraceKennedy (USA) Inc.GraceKennedy Logistics Services Limited

GK INVESTMENTSAllied Insurance Brokers Limited; First Global Bank Limited; First Global Financial Services LimitedFirst Global Insurance Agency Limited; First Global Leasing Limited; First Global Holdings LimitedFirst Global (Cayman) Limited; FG Funds Management (Cayman) Limited; GraceKennedy Currency Trading Services Ltd.; GraceKennedy Payment Services Limited; GraceKennedy Remittance Services Limited; GraceKennedy (Trinidad & Tobago) Limited; GraceKennedy Remittance Services (Guyana) Limited; GraceKennedy Remittance Services (USA) Inc.; GraceKennedy Remittance Services (Turks & Caicos) Limited; GraceKennedy Financial Services (USA) Inc.GraceKennedy Financial Group Limited; GraceKennedy Money Services (Anguilla) LimitedGraceKennedy Money Services (Antigua & Barbuda) Limited; GraceKennedy Money Services Caribbean SRLGraceKennedy Money Services (Montserrat) Limited; GraceKennedy Money Services (St. Kitts-Nevis) LimitedGraceKennedy Money Services (St. Vincent & The Grenadines) Limited; GraceKennedy Securities (USA) Inc.Hardware & Lumber Limited; Knutsford Re First Global (Trinidad & Tobago) Ltd; Versair In-Flite Services (2006) Limited; Jamaica International Insurance Company Limited; GraceKennedy (St. Lucia) LimitedGraken Holdings Limited; GraceKennedy Trade Finance Limited

Grace, Kennedy & Company Limited73 Harbour Street, Kingston

Websites www.gracekennedy.com www.gracefoods.com

Merchandising of general goods and food products, both locally and internationally; processing and distribution of dairy and meat products; merchandising of agricultural and pharmaceutical supplies, stationery, hardware and lumber; Institutional and airline catering; operation of a chain of supermarkets; general insurance and insurance brokerage; commercial banking; investment management; lease and trade financing; stockbrokerage, pension management; operation Of money transfer services; bill payment services and International telecommunications services.

Douglas R. Orane (Chairman & Chief Executive Officer); Joseph E. Taffe; Christopher D. R. Bovell; Erwin M. Burton G. Raymond Chang; M. Audrey Hinchcliffe; John J. Issa; Leroy E. Bookal; Gordon K. G. Sharp; Gordon V. Shirley Fay E.G. McIntosh (Chief Financial Officer); Joseph P. Esau; Donald Wehby (Chief Operating Officer)Courtney Campbell

Karen Chin Quee Akin


81

Financial Data

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

Extraordinary Items

Minority Interest

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

*Restated

331,706

23,697,642

15,417,579

17,227,287

79,504,533

57,025,535

1,147,370

57,406,415

7.38

3,653,867

47.40

2,722,823

52.89

-

-

147,868

0.73

1.39

12.52

6.36

7.79

40.50

5.20

331,227

19,799,405

13,421,348

14,715,491

78,725,445

56,194,890

1,773,661

53,462,279

9.67

2,478,893

1,780,886

-

-

106,411

0.74

1.40

8.94

4.64

5.05

43.50

8.61

329,280

20,038,517

8,168,302

10,026,439

66,946,961

46,740,919

1,574,453

48,749,434

35.08

4,802,174

90.22

3,535,216

88.97

-

-

99,684

0.50

1.43

19.01

9.85

10.55

71.50

6.78

327,940

17,158,975

4,325,056

5,750,308

57,501,792

42,126,461

773,382

36,088,247

9.25

2,524,552

1,870,811

-

-

25,807

0.34

1.36

11.55

7.00

5.67

63.50

11.20

327,395

15,240,590

3,588,504

5,186,283

51,534,847

41,714,487

744,234

33,031,615

7.58

3,055,247

2,121,694

-

-

46,758

0.34

1.24

14.84

9.25

6.38

87.45

13.71

325,817

13,351,973

1,474,367

3,738,475

40,297,753

34,544,797

507,527

30,703,792

24

3,151,837

18

2,273,080

11

-

-

101,712

0.28

1.17

18.24

10.27

6.73

118.00

17.53


(48.38)

(49.62)

(17.37)

(11.82)

(3.06)

(6.66)

*

*

*

*

*

*

*

*

*

*

GraceKennedy & Company Ltd.(GK JMP4897P1050)

82


Financial Data

Guardian Holdings Limited

Note :- Closing stock price quoted in Ja. $

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Minority Interest

Discontinued Operation

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

TT$ TT$TT$

Board of Directors

Secretary

Registrar &Transfer Office

Subsidiaries


Fe` Lopez-Collymore

Guardian Holdings Ltd. 1 Guardian Drive, Westmoorings, Trinidad and Tobago

Financial Services

Website: www.guardianholdings.com

Arthur Lok Jack (Chairman); Henry Peter Ganteaume; Aleem Mohammed; Anthony LancasterDavid Philip Hamel-Smith; Douglas Camacho; David Wyndham Davies; Imtiaz AhamadSelby Wilson; Jeffrey Mack (Group CEO)

TT$TT$TT$

202,205

3,312,306

12,504,899

3,754,922

3,151,269

6,165,337

101,659

5,323,955

1.50

493,910

1345.02

23,680

1.13

0.51

9.28

299.50

202,281

3,589,253

12,504,899

3,754,922

3,151,269

6,165,337

101,659

5,245,272

240,111

97.37

4,301

1.05

0.51

6.65

-0.76

1.17

320.00

201,700

3,628,077

12,511,372

3,932,169

3,342,680

6,300,564

56,633

5,450,721

8.54

193,508

121,657

2,155

1.08

0.53

3.38

3.55

0.58

290.00

201,700

3,569,277

12,645,284

3,013,680

2,528,732

4,146,528

9,820

5,022,030

13.55

1,277

0.84

0.61

240.00

201,700

3,733,260

11,807,163

2,313,732

1,872,373

1,857,667

16,915

4,422,776

23.03

457,535

377,741

3,106

0.62

1.01

10.95

10.34

1.83

360.00

191,619

3,164,554

10,494,444

2,145,235

654,667

1,814,283

14,141

3,594,950

27.17

701,987

579,871

1,010

0.68

0.36

20.47

19.53

3.03

400.00

Appleclaim Limited; BancAssurance Caribbean Limited; Centre d'Affaires de la Pointe Simon S.a.r.l.; Cassidy Capital Limited; Cassidy Capital Life Limited; Cassidy Davis Europe BV;Cassidy Davis Insurance Services Limited, Cassidy Davis Underwriting Agency Limited; CHIC Management Limited; Guardian General Insurance Limited (formerly The Caribbean Home Insurance Company Limited); GHL Insurance Services UK Limited (formerly Zenith Services Limited); GHL Europe Limited (Formerly NHGL); Guardian Insurance Limited


(821,027)

(441.94)

(1,191,863)

(23.79)

(4.18)

(3.77)

(39,671)

(120.50) (244.36)

(156.27)

(5.92)

(2.67)

(1.17)

(134,050)

(129.30)

(216,208)

(157.24)

(34.82)

(34.86) (47.82)

(44.88)

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

83

Financial Data

Hardware & Lumber Ltd. (HL JMP5032G1088)


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary items

Exceptional Item

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Gene M. Douglas

Pan Caribbean Merchant Bank LimitedCorporate Trust Division, 60 Knutsford Boulevard, Kingston 5

Agro Grace, Rapid True Value, H & L Wholesale & Special Projects

Hardware merchants, suppliers of home improvement and agricultural products.

*Restated

Erwin M. Burton (Chairman); Simon Roberts (Chief Executive Officer); Stephen B. FaceyRodney St. Auburn Davis; Gordon Kelvin Greenwich Sharp; Joseph Taffe; Paul HanworthCourtney Campbell

80,842

903,747

518,322

538,880

1,987,677

1,565,807

5,940,599

29.10

13.15

-

-

0.60

1.27

3.50

80,842

1,119,168

540,177

498,579

2,395,288

1,788,023

6,788,162

2.11

-

-

0.45

1.34

10.00

80,842

1,211,266

376,738

265,560

2,599,315

1,759,680

6,648,066

18.77

198,632

258.21

133,550

254.07

-

-

0.22

1.48

11.54

2.99

1.65

16.00

9.70

80,842

1,103,500

233,280

246,868

2,324,983

1,638,354

5,597,276

4.96

55,452

108.35

37,718

86.10

-

-

0.22

1.42

3.48

0.99

0.47

18.00

38.30

80,842

1,065,782

207,269

251,093

2,027,148

1,401,925

5,332,857

26,615

20,268

-

-

0.24

1.45

2.27

0.50

0.26

18.00

69.23

67,368

720,371

180,257

237,176

2,042,175

1,683,618

5,518,947

109.07

266,076

309.44

169,011

279.09

-

-

0.33

1.21

25.50

4.82

2.51

29.85

11.89


(12.49)

(295,608)

(225,762)

(22.32)

(4.98)

(2.79)

(1.25)

(22.31)

(6.14)

(3.21)

(3.12)

(416,910)

(309.89)

(259,956)

(294.65)

(3.37)

(90.00)

(88.01)

*

*

*

*

*

*

*

*

*

*

*

*

84

Financial Year End April 30

Financial Data

Jamaica Broilers Group (JBG JMP5892N1021)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit

Exceptional Items

Extraordinary Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio


Peter A. DePass

Duke Corporation, Scotiabank Centre, Corner Duke & Port Royal Streets, Kingston

Board of Directors

Secretary

Registrar &Secretarial Agents

Subsidiaries


Aquaculture Jamaica Ltd.; Content Agricultural products Ltd.; Energy Associates Ltd.Jamaica Eggs Services Ltd.; Jamaica Poultry Breeders Ltd.; Best Dressed Chicken Ltd.; International Poultry Breeders; Wincorp International, Inc.; EAL/ ERI Co-Generation Partners; JB Ethanol Limited; Best Dressed Feed MillBest Dressed Foods; Hi-Pro/ Ace Farm & Garden Supercentre; Atlantic United Insurance Company LimitedERI Services St. Lucia Limited

Producers and suppliers of meat protein and animal feeds and associated services.

*Restated

Aubyn Hill; Robert E. Levy(Chairman); Christopher Levy (President & CEO); Hon R. Danvers WilliamsMalcolm D.L. McDonald; Barrington A. Pryce; Dr. Trevor Dewdney; Hirlie E. Williams; Gregory Brenton ShirleyClaudette Cooke; Andrew M. Mahfood; Ian Parsard

1,199,277

5,797,711

1,670,410

5,478,005

6,389,816

5,619,251

-

24,623,315

20.44

1,003,727

11.09

828,063

11.85

-

0

0.94

1.14

15.71

4.08

0.69

3.20

4.64

1,199,277

4,741,295

821,008

2,520,731

5,283,242

4,387,519

-

20,443,685

77.92

903,515

27.43

740,316

44.55

-

0

0.53

1.20

16.52

4.42

0.62

5.00

8.10

1,199,277

4,220,125

231,845

1,215,049

3,459,379

2,618,595

-

11,490,300

15.62

709,008

512,139

-

0

0.29

1.32

12.76

6.17

0.43

4.00

9.30

1,199,277

3,804,047

140,202

425,750

2,942,339

1,390,688

-

9,938,217

8.66

765,109

645,334

-

0

0.11

2.12

18.30

7.70

0.54

3.50

6.50

1,199,277

3,250,275

230,476

861,741

3,003,798

1,968,221

5,145

9,146,538

11.91

983,433

62.21

721,912

56.49

0

0.27

1.53

24.48

10.75

0.60

5.90

9.80

1,199,277

2,648,201

212,834

978,477

2,396,961

1,811,051

5,145

8,173,181

18.96

606,281

80.94

461,310

28.74

-

0

0.37

1.32

18.64

7.42

0.38

3.80

10.00


(20.64)

(7.33) (22.20)

(10.61)

*

*

*

*

86

Financial Year End November 30

Financial Data

Jamaica Livestock Association Ltd. (JLA7.5 JMP589341032)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover






IMPORTANT RATIOS

Debt/Equity


Return on Equity

Operating Profit (Loss)

Margin

Earnings (Loss) Per

Preference Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Andrea Sweeney, B.Acc., M.B.A., CPA

Jamaica Central Securities Depository Limited40 Harbour Street, Kingston (Effective November 01, 2006)

Manufacture and sale of animal feeds, animal drugs, farm equipment & supplies and day-old chickens.

Website: www.jlaltd.com


Henry J. Rainford, C.D., J.P., LL.D. (Hon.) (Chairman & CEO); Alexander Barclay Ewart, B.Sc. Resigned effective February 9, 2010; Arthur E. Barrett, J.P.; Steven Fong-Yee, B.Sc. (Eng); Andrea Sweeney, B.Acc., M.B.A., CPA (Company Secretary); Dr. Karl Wellington, C.D., Ph.D.; Byron Thompson ; Audley H. Deidrick appointed effective February 9, 2010

*Restated

57,453

512,281

71,668

240,567

644,893

478,825

904,493

15.17

0.47

1.35

2.40

57,453

572,867

98,553

242,511

239,922

449,601

1,007,685

554.11

640.19

0.42

0.53

2.55

57,453

201,482

79,355

166,881

329,027

308,398

1,199,104

4.41

179.98

62.24

0.83

1.07

3.80

57,453

229,128

46,797

110,288

324,692

305,967

1,148,498

1.11

0.48

1.06

2.15

57,453

246,891

11,994

63,958

321,582

318,428

1,135,848

20.99

11,755

12,927

0.26

1.01

5.32

1.03

0.22

2.70

12.27

57,453

238,975

788

74,298

252,967

249,231

938,808

17.53

24,007

141.91

20,422

403.00

0.31

1.01

8.87

2.56

0.35

1.35

3.86


(10.24)

(186,941)

(232,329)

(43.74)

(42.82)

(20.67)

(4.04)

(0.59) (0.91)

(41.75)

(21.87)

(2.81)

(161,636)

(15.96)

(220,370) (33,690)

(21,837)

(10.14)

(2.81)

(0.38)

(10.00) (9.35)

(5.66)

(1.05)

(0.23)

(12,033)

(202.36)

(13,460)

(204.12)

(51.04)

(36.70)

*

87


Financial Data

Jamaica Money Market Brokers Ltd. (JMMB JMP589381046)

Board of Directors

Secretary


Subsidiaries


Carolyn DaCosta

KPMG Regulatory & Compliance ServicesThe Victoria Mutual Building, 6 Duke Street, Kingston

JMMB Securities Limited; JMMB Insurance Brokers Ltd.JMMB Securities Fund Services Limited; JMMB Select Index Fund Limited

Equity trading and fixed income investment

Website: www.jmmb.comEmail: [email protected]

Dr. Noel A. Lyon (Chairman); Donna K. Duncan-Scott (Executive Director- Leadership & Development)Keith P. Duncan (Group Chief Executive Officer); Archibald A. Campbell (Deputy Chairman); Dennis L. HarrisVinroy Andrew Whyte; Wayne Sutherland; Anne Crick, Ph.D; Hugh Duncan; Rodger BrahamCarolyn DaCosta

2009 2008 2007 2006 2005 2004

1,463,386

5,305,902

111,193,465

97,716,017

90,110,998

20,912

15,969,623

46.04

1,544,528

23.08

1,102,622

3.86

18.45

8.57

7.31

2.11

0.99

9.67

0.75

6.00

8.00

1,463,386

6,644,413

102,415,766

91,058,258

88,246,690

16,091

10,935,216

5.21

1,254,902

1,061,610

15.37

14.28

13.15

14.08

1.04

11.48

0.73

11.75

16.10

1,463,386

7,166,896

89,618,957

80,478,392

77,353,059

2,354

10,393,827

14.68

1,507,718

1,098,603

15.30

9.45

10.76

9.32

1.23

14.51

0.75

10.50

14.00

1,463,386

7,193,769

81,880,170

72,662,569

70,761,258

4,680

9,063,251

8.56

1,844,422

4.49

1,590,430

24.48

28.16

25.97

29.15

1.94

20.35

1.09

12.62

11.58

1,463,386

5,800,961

63,889,888

57,680,903

54,791,793

7,501

8,348,358

1,765,177

16.24

1,651,673

9.73

33.42

4.10

3.21

2.59

21.14

1.13

17.00

15.04

1,463,386

4,083,760

61,370,724

55,887,955

55,185,862

9,953,795

47.49

1,518,604

62.49

1,505,213

44.98

-

50.64

25.38

26.23

19.47

2.45

15.26

1.03

16.65

16.17


BALANCE SHEET (000)



Total Assets

Investments

Repurchase Agreement

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional items

IMPORTANT RATIOS

Return on Equity

Asset Growth

Investment Growth

Return on Assets

Earnings per share

Closing Stock Price

P.E. Ratio

Repurchase Agreement Growth


(3.37)

(16.77) (18.26)

(30.92) (3.71)

(16.13)

(0.71)

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

89


Financial Data

Jamaica Stock Exchange (JSE JMP591171047)

Board of Directors

Secretary


Subsidiaries


Jamaica Central Securities Depository

Jamaica Central Securities DepositoryJCSD Trustees Services

Website: www.jamstockex.com

Curtis Martin (Chairman); Christopher Berry; Dian Black; Mark Croskery; Robert Drummond; Jane GeorgeRita Humphries-Lewin; Garth Kiddoe; Allan Lewis; Ed Mckie; Julian MairDonovan Perkins appointed Deputy Chairman effective June 24, 2010; Nicole Lambert ; Anya SchnoorLivingstone Morrison; Dennis Cohen (appointed effective February 24, 2010)Janet Morrison (appointment pending approval from FSC)

2009 2008 2007

33,000

954,127

66,000

66,000

408,271

157,542

158,971

64,808

43,018

0.07

2.59

4.60

40.77

2.00

33,000

914,217

66,000

66,000

530,023

303,007

470,270

128.41

310,819

372.71

207,703

370.81

0.07

1.75

22.55

66.09

6.19

2.10

33,000

928,303

-

-

541,118

41,901

205,889

65,752

44,116

12.91

31.94

0.68


BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


IMPORTANT RATIOS

Debt/Equity Ratio

Current Assets ratio

Return on equity


Earnings Per Share

Closing Stock Price

(66.20)

(79.15)

(79.29)

(0.61)

Marlene Street-Forrest

Providing the facilities for the buying and selling of shares

90


Jamaica Producers Group Ltd. (JP JMP58931007)

Board of Directors

Secretary


Subsidiaries


Paul St. E. Samuels

Jamaica Producers Group Limited6a Oxford Road, Kingston 5

Agualta Vale Ltd, Agri Services Ltd., Agroindustrial La Mesa, S.A. Antillean Foods Inc., Astrol Properties Ltd.Cariban Ltd., Crescent Developers Ltd., Central American Banana (2005) Ltd., Cia Bananera del Tropico JP S.A.Eastern Banana Estates Ltd., Froshibers Juices Ltd., JBFS Investments Ltd., JP Shipping Services LimitedJamaica Producers Shipping Co. Ltd., Serious Food Limited, Producers Holdings Ltd., P.S.C. Ltd.S.A., St. Mary Banana Estates Ltd., Sula Valley Banana Company Ltd., Victoria Banana Company Ltd. S.A., Sunjuice Ltd.Trinjam Food Processors Ltd., SFG Holdings, Agri Services Ltd., Serious Food (Distribution) LimitedSeriuos Soup Limited, Simply Organic Limited

The cultivation, marketing and distribution of bananas and other fresh produce locally and overseas, juice manufacturing and distribution, shipping and the holding of investment.

Charles H. Johnston, C.D., B.Sc. Econ. (Chairman); Dr. Marshall Hall C.D.; Aubrey E. Ffrench (Hon. Director)Hon. Emil C. George, O.J., Q.C., B.C.L., M.A.; Jeffrey Hall, B.A., M.P.P., J.D. (Group Managing Director) Dahlia Kelly, B.Sc.; David McConnell; John O. Minott, C.D., B.Com., J.P.; Kathleen A. J. Moss, B.Sc., M.B.A., C.B.V.; Hon. Oliver F. Clarke, OJ, BSc. (Econ), FCA, JP; Professor Alvin G. Wint, B.Sc., M.B.A., D.B.A.Donovan H. Perkins


Financial Data

2009 2008 2007 2006 2005 2004

187,024

4,531,893

69,898

125,817

2,267,545

999,326

6,259,033

71.48

307,562

209.83

209,748

107.34

-

595

0.03

2.27

4.81

4.91

1.12

25.89

23.12

187,024

4,186,114

102,999

149,090

2,161,404

1,155,294

3,650,096

27.62

241.33

-

0.04

1.87

23.00

187,024

9,082,179

1,135,260

1,399,109

6,760,645

3,391,528

2,860,166

-

0.15

1.99

35.05

187,024

9,472,074

1,081,683

1,511,390

7,305,160

3,349,302

13,351,949

26.89

284,185

2,613,210

466.16

2,340,271

26,876

0.16

2.18

28.46

2.13

13.82

43.90

3.18

187,024

8,895,113

557,497

684,494

6,631,215

3,313,908

10,522,299

-52.13

295,429

461,567

-

81,247

0.08

2.00

5.13

2.81

2.03

34.51

17.00

187,024

9,115,241

207,338

368,944

6,329,301

3,412,558

21,979,915

19.37

710,740

477,485

-

51,167

0.04

1.85

6.13

3.23

2.28

42.00

18.42

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary/except. items

Minority Interests

IMPORTANT RATIOS

Debt/Equity Ratio


Return on equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

(280,026)

(2,856,467)

(496.21)

(268)

(43.06)

(7.67)

(15.27)

(1.51) (14.19)

(5.16)

(2.87)

(2.47)

(15,685)

(78.58)

(82,040)

(128.87)

(479,108)

(118.33)

(3.81) (58.43)

(3.33)

(33.64)

(45.51)

*Restated

*

*

*

*

*

*

*

*

*

91


Kingston Properties Ltd. (KP JMP )

Board of Directors

Secretary

Registrar & Transfer Agent:

Subsidiaries:

Financial Data

2009 2008 2007 2006 2005 2004

Website: www.kpreit.com


*Restated

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

Extrordinary item

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

68,800

450,597

0

0

138,071

1,837

17,053

14,011

14,011

0.00

75.16

6.22

82.16

0.20

4.65

23.25


68,800

498,544

0

0

532,675

29,977

35,550

108.47

26,082

86.15

21,693

54.83

0.00

17.77

4.57

73.37

0.31

5.00

16.13

Nicole Foga


Garfield Sinclair (Chairman); Nicole Foga (Company Secretary); Fayval Williams (Executive Director)Stuart White

Carlton Savannah REIT (St. Lucia) Limited

92


Financial Data

Kingston Wharves Ltd. (KW JMP607321073)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional items

Extraordinary Items

IMPORTANT RATIOS

Debt/Equity Ratio


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Roger Hinds

Veritat Corporation6 Duke Street, Kingston.

Harbour Cold Stores Ltd; Security Administrators Ltd.; Western Storage Ltd.; Western Terminals Ltd.Jamaica Cooling Stores Ltd. (Non-trading); Kingston Terminal Operators Limited; Securities Administrators Specialist Services Limited

Receipt, storage and delivery of cargo.

Website: www.kingstonwharves.com.jm

Grantley Stephenson (Chief Executive Officer); Harriat Maragh; Kim Clarke; Roger Hinds (Company Secretary)Stephen Lyn Kee Chow; Peter Lawson; Charles Johnston; Alvin Henry; Karlene Bailey Derek Jones (Chairman, effective July 1, 2010)

1,072,650

7,434,373

2,576,003

3,007,277

1,618,065

721,844

2,570,325

196,035

155,080

0.40

2.24

2.11

0.08

0.14

3.08

22.00

1,072,650

7,289,040

2,709,878

3,110,254

1,582,923

746,188

2,708,044

5.42

217,485

165,979

0.43

2.12

2.73

0.08

0.15

4.80

32.00

1,072,650

4,890,156

2,338,457

2,606,776

1,269,060

664,150

2,568,778

10.75

410,317

344,742

0.53

1.91

7.18

0.16

0.32

7.65

23.91

1,072,650

4,707,122

1,531,390

1,643,036

1,039,200

473,998

2,319,431

23.64

513,072

10.99

431,691

35.66

-

-

0.35

2.19

9.47

0.22

0.40

7.94

19.85

1,072,650

4,405,831

650,218

762,129

865,065

348,633

1,875,955

22.12

462,282

39.62

318,211

30.01

-

-

0.17

2.48

8.22

0.25

0.29

6.00

20.69

1,072,650

3,332,754

191,958

268,080

733,589

280,018

1,536,215

31.90

331,100

159.93

244,752

266.35

-

-

0.08

2.62

7.53

0.22

0.23

4.90

21.30


(5.09)

(9.86)

(6.57) (20.14)

(20.03)(47.00)

(51.85)

*

*

*

*

*

93

Financial Year End September 30

Financial Data

Lascelles, de Mercado & Co. Ltd. (LAS JMP620921040)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit

% incr.(decr.) over prior yr.

Extraordinary item

Minority Interest

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Jane George

Marvia J. Williams Lascelles Demarcate 23 Dominica Drive, Kingston 5

AJAS Limited; Globe Limited and its wholly owned subsidiary, GWI Limited; Globe Holdings and its wholly owned subsidiaries:Globe Insurance Company of Jamaica; Twickenham Insurance Company; John Crook LimitedLascelles Merchandise Limited; West Indies Metal Products Limited; Lascelles Laboratories LimitedTransportation Agencies Limited; Turks Islands Importers Limited and its wholly owned subsidiary:Timco LimitedWray & Nephew Group Limited and its wholly owned subsidiaries: J.Wray & Nephew Limited; New Yarmouth Limited; Newton Cane Farms Limited; Henriques Brothers Limited; Sterling Motors Limited; Cars & Commercials Limited; Kingston Industrial Garage Limited; The Rum Company (Jamaica) Limited; Estate Industries LimitedLascelles Limited (formerly Plastic Containers Limited); J.Wray y Sobrino de Costa Rica, S.A.

The provision of Management services to its subsidiaries and the holding of investments.

L.A. Duprey (Chairman) demits office effective; William A. McConnell (Managing Director); David K.C. HenriquesG.E. Leid; Anthony J. Bell; Richard K. Powell; Michael Fraser; Tulla Marlene Sutherland; Jane George (Company Secretary); Jason Abrahams; M.E. Carballo; Shafeek Gregory Amrall Sultan-Khan appointed Chairman effective August 28, 2009; Alison Lewis effective August 28, 2009; Steve Badeshi effective August 28, 2009***resigned effective January 31, 2010; Wayne Yip Martin effective February 1, 2010; Fraser Thornton effective February 1, 2010; Stephen Castagne effective February 1, 2010; Dr Euri Bobb effective March 4, 2010***resigned effective April 1, 2010; Marlon Holder appointment effective April 19, 2010

96,000

25,185,029

24,833

724,319

20,442,065

7,731,387

-

24,912,339

8.49

2,866,144

2,559,024

-

-

0.03

2.64

10.06

11.50

26.65

280.00

10.51

*Restated

96,000

25,695,806

27,845

738,077

17,936,140

7,162,312

-

22,963,136

17.89

3,543,512

10.41

3,015,131

13.12

-

-

0.03

2.50

12.50

15.43

31.41

500.00

15.92

96,000

22,532,031

61,168

793,412

14,983,477

6,950,165

-

19,478,663

5.86

3,209,419

3.13

2,665,420

4.31

-

-

0.04

2.16

12.99

16.48

27.76

282.50

10.18

96,000

18,512,997

116,406

791,611

13,552,287

5,835,671

-

18,401,066

13.04

3,112,003

47.38

2,555,244

35.26

-

-

0.04

2.32

15.22

16.91

26.62

275.10

10.33

96,000

15,064,925

173,906

1,232,936

12,172,758

5,876,162

-

16,279,054

1.68

2,111,552

16.87

1,889,139

25.13

-

-

0.08

2.07

13.26

12.97

19.68

228.00

11.59

96,000

13,436,632

262,659

1,375,997

10,705,746

5,386,857

-

16,009,308

29.28

1,806,827

61.75

1,509,726

60.18

-

-

0.10

1.99

12.18

11.29

15.72

155.00

9.86


(19.12)

(15.13)

*

*

*

*

*

94


Financial Data

Sagicor (LOJ JMP627321053)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Policyholders Fund

Gearing Debt

Total Assets

Total Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary Item

IMPORTANT RATIOS

Debt/Equity

Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries

Sandra Osborne, QC

The Registrar,28 - 48 Barbados Avenue, Kingston 5

Sagicor Insurance Brokers Limited; Sagicor Pooled Investment Funds Ltd.; Employees Benefits Administrator Ltd.Sagicor Life of the Cayman Islands Ltd.; Sagicor Interntional Administrators Ltd.; Sagicor General Insurance Cayman Limited; Pan Caribbean Financial Services Limited; Sagicor Property Services

Website:


www.sagicor.com

Dodridge D. Miller (Chairman); Richard Byles (President & CEO); Michael Fraser resigned effective December 31, 2009; Marjorie Chevannes-Campbell; Paul Downer; Professor Hilary Beckles; The Hon. R.D. Williams; Jeffery C. Cobham; Richard Downer; Paul Facey; Stephen Facey

*Restated

3,758,567

19,862,709

42,047,011

43,152

135,466,417

110,636,048

27,872,526

5,770,350

3.37

4,885,565

7.56

0.00

27.60

20.70

1.16

7.02

6.05

3,750,264

15,543,820

35,290,140

153,470

117,791,415

98,202,534

28,258,936

66.58

5,582,278

29.44

4,542,251

32.77

0.01

29.26

19.75

1.05

5.60

5.33

3,748,110

15,507,025

20,892,559

153,470

87,069,730

67,165,752

16,963,941

14.87

4,312,526

13.69

3,421,084

12.05

0.01

22.87

25.42

0.79

8.15

10.32

3,730,244

14,411,787

18,042,047

151,029

79,058,214

60,060,047

14,768,584

21.82

3,793,396

5.97

3,053,248

6.35

0.01

23.43

25.69

0.69

9.00

13.04

3,716,449

11,652,048

17,357,350

190,767

70,910,853

55,183,900

12,123,435

71.96

3,579,529

111.69

2,870,843

100.23

-

0.02

32.25

29.53

0.71

9.86

13.89

2,543,690

6,151,427

11,762,958

154,943

20,273,692

14,122,265

7,050,108

25.82

1,690,951

30.43

1,433,790

18.62

-

0.03

28.70

23.98

0.57

11.30

19.82

*

*

*

*

*

*

*


(1.37)

*

*

*

*

95

Financial Data

Mayberry Investments Ltd . (MIL JMP6464F1050)

Board of Directors

Secretary


Website

Email:

The Jamaica Central Securities Depository, 40 Harbour Street, Kingston

www.mayberryinv.com

[email protected]

Mayberry West Indies Limited; Bourbon House, Bourbon Street Castries, St. LuciaSubsidiaries

Christopher Berry (Chairman); Konrad Berry (Vice Chairman); Erwin Angus (Managing Director); Doris BerrySharon Harvey-Wilson (Director- Finance, Administration & Compliance); Gary Peart

Financial Year End


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Management Fund

Loans & Bank Overdraft

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


IMPORTANT RATIOS

Debt/Equity

Return on Equity

Earnings per share

Closing Stock Price

P.E. ratio

1,201,149

2,911,053

25,478,756

4,687,130

2,353,331

2,283,893

211,235

245,473

0.81

9.15

9.25

0.20

1.99

9.95

1,201,149

2,453,167

24,040,766

4,168,776

1,732,557

2,705,583

-1.97

356,146

469,501

26.00

0.71

16.14

13.16

0.39

2.00

5.13

1,201,149

3,365,121

23,895,425

2,873,282

2,148,222

2,759,854

5.12

489,577

75.06

372,619

42.65

0.64

12.18

17.74

0.31

4.90

15.81

1,201,149

2,753,323

21,851,207

2,989,905

1,355,488

2,625,369

25.12

279,669

1,155.30

261,203

196.38

0.49

9.80

10.65

0.22

4.00

18.18

1,201,149

2,579,464

17,356,430

2,733,649

1,880,394

2,098,304

22,279

88,131

0.73

4.98

1.06

0.08

3.70

46.25

856,250

962,068

16,436,204

1,992,743

2,747,974

2,535,115

397,264

378,384

2.86

15.67

0.44 Operating Profit (Loss) Margin

(15.59)

(40.69)

(47.72)

(27.25)

(17.23)

(94.39)

(76.71)

Konrad Berry

97


Financial Data

Montego Bay Ice Co. Ltd. (MBICE JMP693911035)

Board of Directors

Secretary

Registrar

Subsidiaries


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit




Minority Interest

IMPORTANT RATIOS

Debt/Equity


Return on Equity



Closing Stock Price

P.E. Ratio

Seville M. Allen

Montego Bay Ice, P.O. Box 51, Creek Street, Montego Bay

Montego Cold Storage Limited, Deans Valley Ice Limited.

Manufacture and sale of ice and the rental of cold storage facilities.

Website: www.caribbeanproducers.com


Mark Hart (Chairman); Theresa Chin (Managing Director); Seville M. Allen (Company Secretary)H. Glaister Anderson; Peter B. Hart; Andrew Brennan; R. Anthony Jones

6,161

125,125

-

402

70,890

5,726

33,782

112.39

3,393

2814.40

664

104.31

2,907

0.00

12.38

0.53

10.04

15.67

*Restated

6,161

127,369

-

687

70,022

7,368

15,906

97.63

0.00

9.50

20.00

6,161

145,095

-

-

76,343

8,347

17,618

83.11

2,514

280.33

0.00

9.15

1.74

0.21

6.56

31.24

6,161

143,794

-

-

72,070

6,730

44,739

0.42

661

0.00

10.71

0.46

6.56

6,161

144,203

-

703

73,542

7,081

44,550

4,395

3,658

0.00

10.39

2.56

9.87

0.38

11.50

30.26

6,161

141,871

703

2,643

70,245

8,940

48,556

5,998

4,277

0.02

7.86

3.04

12.35

0.57

11.00

19.30


(0.37)

(42.35)

(9.72)

(125)

(15,404)

(712.73)

(2,323)

(11.31)

(0.79)

(2.88)

(6.94)

(29.91)

(1,213)

(60.62)

(5,270) (31,207)

(810.06)

(81.93)

(1,069)

(69.75)

(0.07)

(93.71)

(8.25)

(26.73)

(14.47)

(1,326)

(7.09)

(71.19)

(73.68)

(736)

*

*

*

98


Financial Data

Montego Freeport Ltd. (MFP JMP693931030)

Board of Directors

Secretary

Registrar

Subsidiaries


Telephone

Fax

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover





% incr (decr.). over prior yr.

Exceptional Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Closing Stock Price

P.E. Ratio


Marlene McLean

Marlene McLeanP.O. Box 303, Montego Bay

Montego Shopping Centre Limited

Sale of Land (876) 979-8140/8141

(876) 979-8425

*Restated

563,066

1,707,464

0

0

756,208

224,713

423,858

95.04

391,409

35.79

361,798

27.25

0

0.00

3.37

19.82

92.34

0.64

1.55

2.42

563,066

1,942,515

0

0

1,214,432

158,032

217,316

52.68

288,249

143.76

284,327

140.81

0

0.00

7.68

14.65

132.64

0.50

2.15

4.30

563,066

1,940,215

0

0

684,852

340,280

142,333

63.36

118,251

140.82

118,069

132.14

0

0.00

2.01

6.28

83.08

0.21

2.00

9.52

563,066

1,822,146

0

0

277,514

16,734

87,128

49,104

50,862

0

0.00

16.58

2.83

56.36

0.09

1.45

16.11

563,066

1,771,284

0

0

184,016

40,892

160,561

69.70

137,672

122,669

0

0.00

4.50

6.10

85.74

0.22

2.06

9.36

563,066

2,251,095

0

0

757,763

17,580

94,614

166,070

14.44

170,167

26.07

0

0.00

43.10

7.86

175.52

0.30

3.40

11.33

John Gourzong (Chairman); Barrington Baugh; Melissa Chang; Richard Clarke resigned effective effective March 31, 2010; Robert Russell; Methelina Scarlett Jones; Dale Sinclair; Michael Subratie; Joy Douglas appointed effective April 1, 2010


(45.74)

(64.33)

(58.54)

(17.10)

(27.91)

(22.76)

*

*

*

*

*

*

99


Financial Data

NCB Jamaica Limited (NCB JMP710541039)

Board of Directors

Secretary

Registrar

Subsidiaries


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Deposits

Loans & Advances

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit

% decr. over prior yr.

Aftertax Profit/Loss


Exceptional Item

Extraordinary Item

Minority Interest

IMPORTANT RATIOS

Return on equity

Asset Growth

Deposit Growth

Loan Growth


Return on Assets


Closing Stock Price

P.E. Ratio


Dave Garcia

NCB Jamaica Nominees Limited, 2nd Floor, The Atrium, 32 Trafalgar Road, Kingston 10

Website: www.jncb.com


Commercial banking and as indicated above.

Data-Cap Processing Ltd; NCB Capital Markets Ltd.; Mutual Security Insurance Brokers Ltd.NCB (Cayman) Ltd.; N.C.B. (Investments) Ltd. - Dormant; N.C.B. Jamaica (Nominees) Ltd.; NCB Insurance Company Ltd.; West Indies Trust Company Ltd.; NCB Remittance Services (Jamaica) Limited NCB Remittance Services (UK) Limited

Hon. Michael A. Lee-Chin (Chairman); Patrick Andrew Alwyn Hylton (Group Managing Director)Wayne C. Chen; Dr. Nigel Andrew Lincoln Clarke; Sandra A.C. Glasgow; Hon. Noel A.A. Hylton O.J., C.D., Hon. LLD.; Donovan Anthony Lewis; Thalia G. Lyn; Dennis G. Cohen (Deputy Managing Director); Professor Alvin G. Wint; Robert Almeida

2,466,763

41,015,946

315,096,477

130,331,351

88,178,270

169,113,373

43,721,715

14.17

13,133,635

21.52

10,248,185

17.78

-

-

-

28.34

8.22

3.36

7.31

8.10

3.25

30.04

4.16

13.00

3.13

2,466,763

31,312,662

291,153,397

126,099,896

82,169,396

155,849,183

38,296,327

16.80

10,808,009

25.76

8,701,173

31.81

-

-

-

29.07

14.54

6.40

45.37

18.71

2.99

28.22

3.54

20.00

5.65

2,466,763

28,554,026

254,183,354

118,518,051

56,525,564

143,977,692

32,788,172

12.25

8,593,844

24.00

6,601,426

20.32

-

-

-

24.84

13.91

19.68

33.88

20.18

2.60

26.21

2.68

22.40

8.36

2,466,763

24,589,987

223,138,804

99,026,503

42,219,840

124,619,942

29,209,425

10.88

6,930,554

18.73

5,486,625

22.78

-

-

-

23.96

17.23

16.41

17.07

27.94

2.46

23.73

2.23

18.21

8.17

2,466,473

21,213,463

190,341,294

85,067,749

36,064,342

94,342,751

26,344,282

6.18

5,837,435

51.22

4,468,542

38.92

-

-

-

23.83

8.23

6.52

5.99

15.71

2.35

22.16

1.82

18.00

9.89

2,466,763

16,294,005

175,872,017

79,862,280

34,024,628

78,678,717

24,811,710

14.12

3,860,114

11.46

3,216,738

14.70

-

-

-

22.06

20.55

14.60

28.88

(7.37)

1.83

15.56

1.30

25.20

19.38


*

*

*

*

*

*

*

*

*Restated

101


Financial Data

NCB Capital Market Ltd. (NCBCM11.75% JMP710501017)

Board of Directors

Secretary

Registrar

Misheca Seymour Senior (Assistant Secretary)

NCB Jamaica Nominees Limited2nd Floor, The Atrium, 32 Trafalgar Road, Kingston 10

Website: www.jncb.com


Patrick Hylton (Chairman); Christopher C. Williams (Managing Director) resigned effective January 30, 2010Dr. Nigel Andrew Lincoln Clarke; Michael Ammar Jnr. ; John L.M. Bell; Dennis G. Cohen; Dr. Cecil BatchelorShamena Khan; Yvonne Clarke; Septimus Blake; Harry A.J. Smith


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Repurchase Agreements

Loans & Advances

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit/Loss


IMPORTANT RATIOS

Return on equity

Asset Growth

Return on Assets


Closing Stock Price


350,768,080

8,906,596

75,007,234

64,204,165

40,115,038

9,538,851

27.27

2,213,363

223.85

1,714,737

126.94

21.04

13.37

17.27

2.29

23.20

1.42

2.61

350,768,080

7,389,860

66,159,875

54,748,155

55,232,163

7,494,970

1.02

683,454

755,585

9.77

15.39

21.15

1.14

9.12

0.64

2.90

350,768,080

8,077,086

57,333,833

45,192,234

51,709,984

7,419,533

2,034,347

31.32

1,566,943

26.82

21.07

2.73

27.42

1.30

2.90

100,000,000

6,799,588

60,898,832

50,258,040

43,542,614

7,517,750

0.01

1,549,104

1,235,540

19.65

9.40

12.45

2.03

20.61

1.02

3.20

100,000,000

5,775,975

55,663,935

44,693,530

30,278,084

7,516,634

2,307,255

1,914,386

3.44

30.70

1.59

*Restated

Repurchase Agreement Growth

(66.40)

(51.78)

(5.85)

(10.08)

(1.31)

(32.86)

(35.46)

102


Financial Data

Palace Amusement Co. Ltd. (PAL JMP744941080)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover






Extraordinary Item

Minority Interests

IMPORTANT RATIOS

Debt\Equity Ratio


Return on Equity


Closing Stock Price

P.E. Ratio


Board of Directors

Secretary


Subsidiaries


Eileen A. Thomas

Palace Amusement Co.South Camp Road, Kingston C.S.O.

Tropical Cinema Company Ltd ; Harbour View Cinema Company Ltd.; Cinema Company of Jamaica Ltd.

Website: www.palaceamusement.com

Email: [email protected] [email protected]

Cinema owners and operators

Douglas Graham (Chairman/Managing Director); Lloyd Alberga; Hugh Levy, Jnr.; Vincent WongIan Phillipson; Elon Beckford (Vice Chairman); Douglas Stiebel; Scott Graham; Steven Cooke; Christine McMorrisMelanie Graham

1,437

244,254

5,068

14,601

123,895

80,025

512,922

6.89

0

0.06

1.55

3.51

60.00

17.09

1,437

252,941

328

8,491

139,789

63,747

479,866

15.71

28,349

1,340

21,582

486

0

1,189

0.03

2.19

8.95

0.06

14.19

50.00

3.52

1,437

229,501

4,757

23,760

100,235

56,486

414,727

16.78

1,969

0

0.10

1.77

0.00

31.45

1,437

235,438

11,976

40,504

85,109

57,965

355,148

0

280

0.17

1.47

31.45

1,437

244,705

21,487

46,587

104,397

76,930

433,499

7,353

7,670

150.33

0

0.19

1.36

3.20

0.02

5.34

52.70

9.87

1,437

234,876

33,543

70,783

116,742

96,232

513,225

21.73

8,717

328.35

3,064

0

0.30

1.21

1.32

0.02

2.13

68.00

31.92

* = Restated


(6,715)

(123.69)

(5,286)

(124.49)

(240)

(2.13)

(0.01)

(120.37)

(5,598)

(11.81)

(94)

(2.41)

(3.83)

(8.21) (7.12)

(2.64)

(0.03)

(4.42)

(18.07)

(9,666)

(231.46)

(6,348)

(182.76)

(15.53)

(15.65)

(4,602) (28)

(10.57)

103


Financial Data

Pan Caribbean Financial Services (PCFS JMP7490E1040)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Minority Interest

IMPORTANT RATIOS

Return on equity

Return on Assets

Deposit Growth

Loan Growth


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Gene M. Douglas, M.B.A., F.C.I.S.

Pan Caribbean Merchant Bank LimitedCorporate Trust Division, 60 Knutsford Boulevard, Kingston 5

Subsidiary Companies: PanCaribbeanBank Ltd.; Pan Caribbean Asset Management Ltd.; Pan Caribbean Investments Ltd. Pan Caribbean Securities Ltd.; Manufacturers Investments Limited

Principal Activities: Investments, securities trading, merchant banking

E-mail: [email protected]

Website: www.gopancaribbean.com

Telephone Nos: (876) 929-5583/4; (876) 929-3096

*Restated

Richard O. Byles (Chairman); Donovan H. Perkins (President & Chief Executive Officer); Jeffrey CobhamDr. M. Patricia Downes-Grant; Dodridge D. Miller; Patrick Lynch; Peter K. Melhado (Deputy Chairman)Lisa A. Lewis; R. Hayden Singh; Colin Steele; Christopher DeCaires; Richard L. Downer

547,924

7,907,817

65,245,567

8,782,495

8,653,610

27,487,727

-

8,871,529

30.18

1,959,266

6.78

1,477,844

7.02

19.72

2.27

0.18

3.38

22.08

2.70

18.10

6.70

547,924

7,084,189

63,772,864

7,457,170

8,371,067

25,208,695

-

6,814,826

13.06

1,834,829

9.56

1,380,932

13.84

18.90

2.17

0.36

17.60

26.92

2.52

12.00

4.76

542,876

7,530,930

49,797,164

5,489,757

7,118,412

20,026,884

-

6,027,671

10.70

1,674,736

11.94

1,212,994

9.02

16.46

2.44

0.23

30.02

27.78

2.23

20.00

8.97

542,876

7,204,134

44,739,722

4,476,805

5,474,798

21,395,320

-

5,445,276

5.06

1,496,122

9.58

1,112,670

11.10

-

16.67

2.49

0.07

9.40

27.48

2.06

23.00

11.17

537,707

6,148,806

39,946,362

4,203,475

5,004,388

16,905,116

-

5,183,212

1,365,282

20.71

1,001,505

20.78

-

16.92

2.51

0.23

32.25

26.34

1.86

24.30

13.06

514,308

5,687,489

40,873,827

3,422,977

3,783,955

15,594,050

-

5,708,549

88.12

1,131,082

235.02

829,184

142.33

-

23.06

2.03

3.72

238.96

19.81

1.81

34.10

18.84


(9.20)

*

*

*

*

*

*

*

*

*

105


Financial Data

Pan-Jamaica Investment Trust Ltd. (PJAM JMP749981081)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

Minority Interest

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary/Except. items

Minority Interest

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Gene M. Douglas, F.C.I.S.; M.B.A

Pan Caribbean Merchant Bank Limited64 Knutsford Boulevard, Kingston 5

Subsidiaries:

Associated Companies: Hardware & Lumber Limited.

Principal Activities: Property investment, real estate development.

Telephone No: (876) 929-4510

Hon. Maurice W. Facey, O.J. (Chairman); Stephen B. Facey (President & CEO); W.G. Bryan EwenDonovan H. Perkins; Richard O. Byles; Roy Collister died on April 11, 2010; Paul A. Facey

173,535

8,933,605

241,924

244,534

982,248

83,299

3,248,427

1,736,014

9.38

2,115,020

24.43

1,935,133

19.65

-

539,456

0.03

11.79

23.65

121.83

8.00

36.00

4.50

173,535

7,430,746

495,950

497,153

357,173

1,470

2,710,479

1,587,111

15.47

1,699,803

13.26

1,617,271

17.80

-

475,024

0.07

242.97

22.27

107.10

6.55

25.00

3.82

173,535

7,095,698

393,570

411,308

661,709

137,416

2,515,737

1,374,526

20.35

1,500,745

20.11

1,372,907

20.92

-

381,798

0.06

4.82

19.49

109.18

5.69

50.00

8.79

173,535

6,991,015

571,263

577,273

612,119

17,092

2,463,379

1,142,106

11.64

1,249,431

5.32

1,135,374

6.01

-

313,324

0.08

35.81

17.34

109.40

4.80

56.50

11.77

173,532

6,102,785

561,339

568,801

974,574

84,525

2,135,302

1,023,050

44.75

1,186,306

17.09

1,071,051

1,626,571

752,801

0.09

11.53

20.61

115.96

4.53

55.00

12.14

173,377

4,289,126

141,653

577,541

1,270,487

124,644

1,404,693

706,746

1,013,138

4.95

1,640,607

77.10

-

443,652

0.13

10.19

45.08

143.35

4.11

53.00

12.90

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*Restated

First Jamaica Investments Limited; Jamaican Floral Exports Limited; Busha Browne's Company LimitedPan Jamaican Mortgage Society Limited; Portfolio Partners Limited; Jamaica Property Company LimitedJamaica Property Management Limited; Jamaica Property Development Limited; Knutsford Holdings LimitedScott's Preserves Limited; St. Andrew Developers Limited; Sagicor Life Jamaica LimitedHardware & Lumber Limited


(34.72)

(89.20)

Website: www.panjam.com.jm

106


Financial Data

Pegasus Hotels of Jamaica (PEG JMP7654H1098)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit/(Loss)


Aftertax Profit/(Loss)


Exceptional Item

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary



Marlene McLean

N.C.B. Jamaica (Nominees) Limited32 Trafalgar Road, P.O. Box 314, Kingston 10

Hotel Operators

Website: www.jamaicapegasus.com Email: [email protected]

Dr. The Hon. John J. Issa (Chairman); Rev Denzil Barnes; Christopher Bovell; Joy Douglas; Alston DouglasDaniella Gentles; Michael Subratie; Desmond Young; Robert Russell; Dahlia Kelly

120,166

3,859,417

49,282

92,139

194,514

170,332

1,002,775

48.28

80,340

27.16

55,243

41.59

0

0.02

1.14

1.53

8.01

0.46

15.00

32.61

120,166

3,351,370

45,056

76,977

242,404

135,857

676,291

63,178

18.49

39,015

0

0.02

1.78

1.26

9.34

0.32

16.00

50.00

120,166

2,857,513

19,995

38,011

259,188

130,390

738,015

12.09

53,318

95.89

41,080

136.06

0

0.01

1.99

1.53

7.22

0.34

10.50

30.88

120,166

2,502,296

37,961

54,461

226,180

110,273

658,433

11.68

27,218

17,402

0

0.02

2.05

0.73

4.13

0.14

8.50

60.71

120,166

2,288,508

14,448

37,261

166,657

85,016

589,591

9.57

45,330

40.06

30,692

52.58

0

0.02

1.96

1.43

7.69

0.26

10.00

38.46

120,166

2,014,691

15,413

35,988

193,589

81,123

538,073

13.28

32,365

21.55

20,115

2.29

0

0.02

2.39

1.05

6.01

0.17

9.00

52.94


(5.03)

(8.36)

(39.96)

(43.30)

*

*


Pulse Investments Ltd. ( PULS JMP792921018)

108

Financial Data

Board of Directors

Secretary


Romae Gordon

KPMG Regulatory & Compliance6 Duke Street, Kingston

2009 2008 2007 2006 2005 1996

BALANCE SHEET (000)


Shareholders' EquityLong Term LiabilityGearing DebtCurrent AssetsCurrent Liabilities

PROFIT & LOSS (000)

Turnover% incr. over prior yrPre-tax Profoit (Loss)% incr. (decr.) over prior yr.Aftertax Profit (Loss)% incr. (decr.) over prior yr.

IMPORTANT RATIOS

Debt/EquityCurrent Assets ratioReturn on equityGross (Loss) Profit MarginEarnings (Loss) Per ShareClosing Stock PriceP.E. Ratio

Kingsley Cooper (CEO); Romae Gordon (General Manager & Company Secretary)Walric Peddie (Senior Marketing Executive); Edna Campbell (Financial Controller)Nicole Hyons (Manager, Executive Services); Marva Chang (Consultant, Finance & Planning)

271,789

1,707,824

8,047

35,189

1,218,907

113,473

1,554,791

14.60

223,199

(48.08)

223,199

(48.08)

0.02

10.74

13.98

14.36

0.80

5.44

6.80

253,670

1,484,625

10,848

27,951

1,051,256

60,865

1,356,745

72.00

429,891

61.53

429,891

61.53

0.02

17.27

35.58

31.69

1.58

6.40

4.05

253,670

931,937

13,211

28,507

578,321

41,226

788,792

75.67

266,143

126.41

266,143

126.41

0.03

14.03

33.32

33.74

1.05

2.00

1.90

550,111

12,200

17,220

186,005

39,598

221,158

63,005

63,005

0.03

4.70

28.49

1.62

2.30

1.42

253,670

665,793

1,683

25,082

327,160

75,741

449,011

103.03

117,548

86.57

117,548

86.57

0.04

4.32

19.34

26.18

0.88

2.30

2.61

31,549

23,184

5,797

20,860

20,299

43,019

58.68

(2,843)

(170.18)

(2,843)

(170.27)

0.25

1.03

(11.97)

(6.61)

(0.09)

2.30

(25.56)


*

*

109


Financial Data

Radio Jamaica Limited (RJR JMP798411055)

RJR’s year end was changed to 31 March 2002, therefore the current financial year consist of 15 months.

Board of Directors

Secretary


Subsidiaries


Stephen A. Grieg, LL.B.

Jamaica Central Securities Depository Limited40 Harbour Street, Kingston

Jamaica News Network JNN Limited (JNN); Reggae Entertainment Television Limited (RETV)Television Jamaica Limited; Multi-Media Jamaica Limited

Mass media communications: through operation of commercial radio stations, a television station and multi-media company.

[email protected] Address

J. A. Lester Spaulding, C.D., J.P. (Chairman/Managing Director); Gary Allen (Deputy Managing Director); Carl Domville; Karl Lewin; Holford Plummer; Patricia Robinson; Milton Samuda; Ian Neita; Glenworth FrancisStephen Greig (Company Secretary)


2009 2008 2007 2006 2005 2004*

351,977

920,516

84,729

99,351

367,382

201,845

1,606,553

5.79

0.11

1.82

3.00

351,977

1,077,474

60,254

69,403

400,636

189,080

1,518,681

5.01

65,614

370.18

41,621

228.59

0.06

2.12

3.89

4.32

0.15

3.15

21.00

351,977

1,061,361

85,001

95,340

428,749

176,832

1,446,254

15.88

13,955

0.09

2.42

0.96

4.35

344,977

997,597

75,731

83,354

385,177

121,638

1,248,069

8.64

125,726

93,044

0.08

3.17

9.59

10.07

0.27

5.11

18.93

344,977

943,443

97,224

103,393

514,263

138,308

1,148,817

16.26

152,632

15.26

114,436

34.36

0.11

3.72

14.96

13.29

0.37

6.20

16.76

287,481

586,243

217,775

221,012

307,353

159,645

988,135

10.54

132,420

85,172

-

0.38

1.93

15.57

13.40

0.29

6.25

21.55

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

(98,827)

(250.62)

(139,975)

(436.31)

(14.01)

(6.15)

(0.38)

(7.89)

(88.90)

(32,368)

(134.79)

(3.14)

(0.08)

(54.38)

(17.63)

(18.69)

(25.29)

(32.77)

*

*

*

*

*

*


Financial Data

Salada Foods Limited (SALF JMP8317211098)

Board of Directors

Secretary

Registrar

Subsidiaries


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover






Exceptional items

Extraordinary items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Closing Stock Price

P.E. Ratio

111


M. Olivia Glover

Duke Corporation, Scotiabank Centre, Duke Street, Kingston

Coffee Company of Jamaica Limited; Shirriff's (Jamaica) Limited

Manufacturers of Instant roasted and ground coffee, roasted whole beans

Michael Bernard; Eleanor Brown; Jeffrey Cobham; Oliver Holmes; John Rosen (Managing Director)John Bell (Chairman); Eric Stultz; Keisha Nelson-Brown

10,388

457,138

0

3,447

463,894

57,676

432,425

9.81

161,838

41.92

108,195

43.63

-

-

0.01

8.04

26.84

37.43

1.04

7.51

7.22

10,388

348,943

1,311

7,153

337,502

42,538

393,802

14.89

114,034

10.89

75,328

10.51

-

-

0.02

7.93

24.20

28.96

0.73

130.00

178.08

10,388

273,615

7,211

12,883

266,974

41,458

342,751

13.15

102,834

83.33

68,166

84.61

-

-

0.05

6.44

28.46

30.00

6.56

67.00

10.21

10,388

205,449

12,262

18,034

191,265

34,110

302,926

12.72

56,093

907.42

36,925

1245.17

-

-

0.09

5.61

19.75

18.52

3.55

26.00

7.32

10,388

168,524

17,266

24,497

157,749

37,486

268,739

7.95

5,568

2,745

-

-

0.15

4.21

1.62

2.07

2.32

22.00

9.48

10,388

170,519

22,412

27,715

159,552

46,807

248,951

15.41

36,161

34.68

24,101

44.72

-

-

0.16

3.41

15.21

14.53

2.32

20.00

8.62


(84.60)

(88.61)

*

Website: www.saladafoodsjamaica.com



Scotia Group Jamaica Ltd. (BNSJ JMP191761098)

112

Financial Data

Board of Directors

Secretary


2009 2008 2007 2006 2005 1996

3,111,573

47,943,864

315,555,872

141,877,096

92,622,725

74,445,922

47,160,703

22.93

15,379,659

17.23

11,605,459

20.59

26.47

12.58

8.57

2.95

14.68

3.68

32.61

3.58

17.87

4.99

3,111,573

39,756,029

280,284,251

130,673,257

89,967,269

55,713,512

38,364,947

21.07

13,119,095

29.03

9,624,057

26.46

25.31

6.52

-0.26

15.73

5.10

3.43

34.20

3.02

20.40

6.75

3,111,573

36,308,226

263,125,631

131,017,687

77,737,117

60,871,099

31,689,438

17.17

10,167,221

9.14

7,610,060

11.93

23.89

31.67

15.66

29.15

28.23

2.89

32.08

2.48

21.03

8.48

550,111

12,200

17,220

186,005

39,598

221,158

63,005

63,005

0.03

4.70

28.49

1.62

2.30

1.42

253,670

27,389,555

199,840,115

113,279,538

60,189,926

47,906,955

27,046,527

9,315,624

6,798,908

3.40

34.44

2.32

31,549

23,184

5,797

20,860

20,299

43,019

58.68

(2,843)

(170.18)

(2,843)

(170.27)

0.25

1.03

(11.97)

(6.61)

(0.09)

2.30

(25.56)


BALANCE SHEET (000)



Total Assets

Deposits

Loans

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


IMPORTANT RATIOS

Return on equity

Asset Growth

Deposit Growth

Loan Growth


Return on Assets


Earnings Per Share

Closing Stock Price

P.E. Ratio

Scotia Jamaica Investment Management Ltd. 4th Floor, Scotiabank Centre, Cnr. Duke & Port Royal StreetsP.O. Box 627, Kingston.

Robert H. Pitifield (Chairman); Hon. Mayer Matalon, O.J. (Deputy Chairman); Bruce Bowen ( President & CEO) Barbara Alexander; Anthony Chang; Muna Issa (resigned effective July 19, 2010); Jeffrey Hall; Pasquale Minicucci; Charles Johnston; Warren McDonald; Herbert Thompson; Professor Stephen Vasciannie; Richard WaughSylvia Chrominska appointed effective February 24, 2010


Website: www.scotiabank.com.jm



Scotia Group Jamaica Limited is a holding Company and its management functions are done through The Bank of Nova Scotia Jamaica Limited

114


Financial Data

Seprod Limited (SEP JMP8579T10370)

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Exceptional Items

Extraordinary Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

Board of Directors

Secretary


Subsidiaries


Marilyn Anderson


Caribbean Products Company Ltd.; Jamaica Edible Oils and Fats Company Ltd.; Jamaica Grain and Cereals LtdIndustrial Sales Ltd.; Jamaica Detergents Ltd.; Jamaica Feeds Ltd.; Serge Islands Dairies Ltd.; Serge Island Farms Ltd.Belvedere Ltd.; International Biscuits Ltd.; Golden Grove Sugar Company Limited

Website: www.seprod.com


Manufacture of edible oils and fats and corn based products, manufacture of milk, drinks and Juices and distribution of these and many other consumer products.

Paul B. Scott (Chairman) ; Dr. Richard A. Jones (Deputy Chairman); Byron E. Thompson (CEO / Group Managing Director); Dr. Nigel A. Clarke; Geoffrey E. Messado; Anthony Hart; Wayne McLaughlin; Hon. Emil C. GeorgeGranville E. Marsh; Dr. Ralph C. Thompson; Peter John Thwaites; Melanie Subratie ; Michael Subratie

516,398

6,978,352

633,255

798,390

4,367,345

1,156,161

9,495,060

2.56

2,185,901

52.28

1,485,937

58.38

-

-

0.11

3.78

23.12

23.02

2.86

18.00

6.29

516,398

5,875,350

366,302

472,533

3,379,779

871,490

9,257,660

49.56

1,435,462

16.23

938,203

-

-

0.08

3.88

16.86

15.51

1.82

17.80

9.78

516,398

5,255,547

410,094

501,712

2,533,041

599,539

6,189,984

26.74

1,235,069

81.95

1,013,009

119.75

-

-

0.10

4.22

20.93

19.95

1.96

14.04

7.16

516,398

4,423,726

399,145

777,211

1,972,887

781,596

4,883,891

23.52

678,786

460,992

-

-

0.18

2.52

10.80

13.90

0.89

16.00

17.98

516,398

4,113,603

467,434

545,986

1,343,852

521,856

3,953,775

18.14

922,419

38.52

750,180

36.96

-

-

0.13

2.58

19.71

23.33

1.45

16.00

11.03

516,398

3,499,773

206,358

369,572

1,325,266

424,079

3,346,651

17.19

665,912

28.29

547,717

30.09

-

-

0.11

3.13

31.30

19.90

1.06

12.15

11.46


(7.38)

(26.41)

(38.55)

*


Supreme Ventures Ltd. ( SVL JMP8805B1082)

116

Financial Data

Board of Directors

Secretary


Subsidiaries

Winsome Minott

Jamaica Central Securities Depository

40 Harbour Street, Kingston

Website: www.supremeventures.com


Supreme Ventures Lotteries Limited; Supreme Ventures Financial Services LimitedSupreme Ventures VL Holdings Limited (St. Lucia); Jamaica Lottery Company Holdings LimitedPrime Sports Jamaica Limited; Bingo Investments Limited; Big "A" Track 2003 Limited

Paul Hoo (Chairman); Ian K. Levy (Deputy Chairman); Brian George (President & CEO)Janette Stewart; John Graham; Curtis Martin; David McBean; Stephen CastagneBarrington Chisolm; Winsome Minott


2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Extraordinary Items

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

2,637,255

3,112,916

127,307

292,796

1,559,235

1,144,693

28,167,960

32.84

1,265,884

14.27

751,202

16.29

0.09

1.36

24.80

4.49

0.29

2.01

6.93

2,637,255

2,946,073

267,803

400,869

1,219,003

1,081,711

21,204,444

11.92

1,107,833

75.50

645,989

59.35

0.14

1.13

24.06

5.22

0.24

2.70

11.25

2,637,255

2,424,105

375,777

544,970

1,133,557

1,085,322

18,946,913

18.81

631,231

145.84

405,400

145.18

0.22

1.04

18.30

3.33

0.15

2.40

16.00

2,637,255

2,006,777

93,222

129,791

556,309

746,174

15,947,789

11.13

256,767

165,348

-

0.06

0.75

8.89

1.61

0.06

1.99

33.17

2,637,255

1,713,520

124,808

135,935

869,832

693,760

14,350,135

285,684

190,191

-

0.08

1.25

11.10

1.99

0.18

516,398

3,499,773

206,358

369,572

1,325,266

424,079

3,346,651

17.19

665,912

28.29

547,717

30.09

-

-

0.11

3.13

31.30

19.90

1.06

12.15

11.46

(10.12)

(13.06)

*

*

118


Financial Data

Trinidad Cement Limited

2009 2008 2007 2006 2005 2004

BALANCE SHEET (000)



Long Term Liability

Gearing Debt

Current Assets

Current Liabilities

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


Minority Interest

IMPORTANT RATIOS

Debt/Equity


Return on Equity


Earnings Per Share

Closing Stock Price

TT$ TT$TT$

Board of Directors

Secretary


Subsidiaries


Trinidad Cement Limited, Southern Main Road, Claxton Bay, Trinidad & Tobago

Alan Nobie

Caribbean Cement Company Ltd.- Jamaica ; Arawak Cement Company Ltd.- Barbados; Readymix (West Indies) Limited- Trinidad; TCL Packaging Limited- Trinidad; TCL Ponsa Manufacturing Limited- Trinidad; TCL Guyana Incorporated- Guyana; TCL Trading Limited- Anguilla

Cement Manufacture and Sales

Andy J. Bhajan (Chairman); Dr. Rollin Bertrand (Group CEO); Eutrice Carrington; Jeffrey McFarlaneYusuff Omar; Carlos Hee Houng; Brian Young; Aleem Mohammed; Leonard Nurse

TT$TT$TT$

249,765

1,459,739

1,619,421

1,652,219

781,547

835,668

1,755,837

84,042

94,281

1.13

0.94

6.66

4.79

0.39

72.00

249,765

1,372,153

1,722,557

1,659,322

833,286

767,898

2,074,428

7.88

195,892

156,319

1.21

1.09

11.64

9.44

0.56

80.00

249,765

1,313,735

1,587,466

1,540,236

872,876

591,873

1,922,957

11.86

245,726

53.11

211,443

39.32

1.17

1.47

17.10

12.78

0.77

94.00

249,765

1,158,981

1,443,777

1,405,482

778,614

518,700

1,719,002

20.22

160,488

84.90

151,767

1.21

1.50

13.85

9.34

0.60

84.50

249,765

1,031,841

1,351,182

1,307,072

782,226

457,850

1,429,834

7.51

86,799

153,767

6,559

1.27

1.71

15.60

6.07

0.66

105.00

249,765

939,374

983,293

934,355

530,363

393,032

1,329,900

15.08

199,348

15.07

183,792

33.97

0.99

1.35

21.08

14.99

0.67

80.00


(15.36)

(57.10)

(39.69)

(23,648)

(26.07)

(23,648)

(20.28)

(23,648)

(1.30)

(6,102)

(56.46)

(16.34)(21,521)

Website: www.tclgroup.com






The Jamaica Stock Exchange Best Practices Awards culminated on December 8, 2009 with a gala banquet at the Jamaica Pegasus Hotel under the theme “Prosperity and growth for 2010”. The theme inspired the creative use of fruit trees in the décor for the event a fitting symbol of growth and prosperity. In addition to its aesthetic appeal, the trees would support the national tree planting drive which in turn, bolsters the country's food security initiatives.

In her welcome remarks Mrs. Marlene Street Forrest, General Manager of the Jamaica Stock Exchange told the audience that “the implementation of Best Practice is about challenging ourselves, especially when the tides are rough. It is not about cutting corners when the challenges present themselves. It is about principle and not exigency. I see Best Practices as a culture, as a lived experience that gets easier as we commit to getting it right”.

As guest speaker on the topic “Quality, Better quality and Best quality” Associate Professor Dr. Geraldene Hodelin, challenged all companies to attain their best. According to Dr. Hodelin “in an

environment where mediocrity abounds and where bad policies and practices are being blamed for some of our current socio-economic woes, it is refreshing to see demonstrable evidence of best practices being undertaken by our local organizations and more importantly, being recognized and hailed publicly…the three imperatives that should always be included in (companies') business mantra are quality, better quality and best quality every time, no matter what.

It was then left to the Chairman of the Best Practices Committee, Professor Neville Ying, to speak to the 2008 competition and announce the winners. In his address he stated, “I am proud to be part of the Best Practices Awards Committee whose work over the last five years has enabled this function to grow to become a calendar event. This is now an event to which Listed Companies, Brokerages and other stakeholders look forward to attending, and to share in the success of team work, hard work and dedication. This shows that hard work and dedication is rewarding in the long run”. He then went on to announce the winners for each category.

The Best Practices Best Annual Report Award Committee chaired by Mr. Alvaro Casserly, encourages public listed companies to produce comprehensive, more reader-friendly annual reports and to provide greater insight into companies' financial affairs, governance practices and business activities. In the area of Best Annual Report, third place went to JMMB and Sagicor Life Jamaica. The runners up were Scotia DBG Investments and Scotia Group Jamaica Limited. The company to walk away with the winning award in this category was PanCaribbean Financial Services Limited.

The Jamaica Stock Exchange Best Practice Corporate Disclosure and Investor Relations Award serves to recognize companies that make timely and accurate reports and announcements to the JSE. This award also encourages them to maintain good investor relations with the wider investing public. This Committee was chaired by Mr. Christopher

Bovell. In third place was Scotia Group Jamaica Ltd, with runner up National Commercial Bank. The winner was NCB Capital Markets Limited.

The Jamaica Stock Exchange Best Performing Company Award seeks to identify and recognize outstanding performance by listed companies that enhance shareholder value in the areas of return on capital, improved profitability and direct return on shareholdings. The Chairman of this Committee was Dr. Noel Reynolds. In third place was Pulse Investments Limited, the runner up was Carreras Ltd. Montego Free Port was declared the winner.

The Best Practices Investor Relations (Stockbrokerage) Award Committee, chaired by Dr. Brian Langrin, recognizes excellence in the services provided by stockbrokerages to investors, and was designed solely for the Brokerage Community. In third place was JMMB Securities Ltd, with runner up Pan Caribbean Financial Services Limited. The winner in this category was First Global Financial Limited.

The Jamaica Stock Exchange Best Practices Website Award is divided into two categories; the Jamaica Stock Exchange Website Award for Brokerages and the Jamaica Stock Exchange Best Practices Award for Listed Companies. This category was designed to encourage listed companies and stockbrokerages to raise the quality and efficiency of the dissemination of information to the investing public via their website. The Chairman of this committee was Mr. Errol Anderson. The following companies won awards in the Listed Companies category: Scotia DBG Investments Limited was third place, with runner up Guardian Holdings Limited. Trinidad Cement Limited was declared the winner.

In the Brokerages category, in third place was JMMB Securities Ltd with runner up Scotia DBG Investments Limited and the winner NCB Capital Markets Limited.

Corporate governance continues to receive a high level of attention worldwide The practice of good corporate governance is central to the

health and stability of any economy and is the key to the integrity of corporations, financial institutions and markets.

It can be concluded that the collapse of major corporations resulted from their failure to adapt good corporate governance principles and as a result of their shortcomings in this area, it led to a worldwide financial crisis.

In order to restore investors' confidence, enhance corporate transparency and accountability, it is important that the best practices of good corporate governance be implemented and practiced. The Jamaica Stock Exchange in its quest to promote good corporate governance among listed companies and brokerage houses, has established the Jamaica Stock Exchange Best Practices Awards.

The Best of The Best Took Centre Stage At The Jamaica Stock Exchange Best Practices Awards Banquet

Best Practices

Awards 2008

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120

MAIN MARKET LISTING FEES AND TRADING CHARGESListing Fees - Effective January 1, 2010





PAR/MARKET CAPITAL INITIAL/ANNUAL LISTING FEE (Effective 2010)

SUPPLEMENTARY FEE (Effective 2010)

Under 40m $70,421 $14,084 Over $40m - $90m $140,842 $21,126 Over $90m - $150m $176,052 $26,407 Over $150m - $250m $211,264 $31,689 Over $250m - $500m $352,107 $52,816 Over $500m - $1.5b $492,948 $70,421 Over $1.5b - $3.0b $633,792 $70,421 Over $3.0b - $4.0b $915,478 $70,421 Over $4.0b - $7.0b $1,056,321 $70,421 Over $7.0b $1,408,428 $70,421

Charges for the listing of a company's securities comprise an initial fee, an annual fee and a supplementary fee. These fees are in accordance with the scales set out by the Exchange from time to time.

(i) Initial FeeThe initial fee, which is based on total issued share capital value of each new listing of securities not already listed, must accompany each Application for Listing. The minimum charge is $70,421.

(ii) Annual Fee Calculation of annual fees is payable based on the average market value at month-end for the previous twelve-month or shorter period (where applicable), of all classes of a company's securities which are the subject of listing. The minimum charge for Annual Fee is $70,421.

The Annual Fee becomes due on January 1 each year, following the calendar year of listing and must be forwarded to reach the Exchange within fourteen (14) days of that date.

Revised December 2009

Listing Fees and Trading Charges for Main Market and Junior Market

STATED CAPITAL /MARKET CAPITALIZATION

INITIAL FEE/ANNUAL FEE (Effective January 2010)

SUPPLEMENTARY FEE (Effective January 2010)

$40m $35,210 $7,042

Over $40m - $90m $70,421 $10,563

Over $90m - $150m $88,027 $13,203

Over $150m - $250m $105,632 $15,844

Over 250m - $500m $176,053 $26,408

121

JUNIOR MARKET LISTING FEES & TRADING CHARGESListing Fees - Effective January 1, 2010

Listing Fees and Trading Charges for Main Market and Junior Market





Charges for the listing of a company's securities comprise an initial fee, an annual fee and a supplementary fee. These fees are in accordance with the scales set out by the Exchange from time to time.

(i) Initial FeeThe initial fee, which is based on total stated capital of each new listing of securities not already listed, must accompany each Application for Listing. The minimum charge is $35,210.

(ii) Annual Fee Calculation of annual fees is payable based on the average market value (market capitalization) at month-end for the previous twelve-month or shorter period (where applicable), of all classes of a company's securities which are the subject of listing. The minimum charge for Annual Fee is $35 210.

The Annual Fee becomes due on January 1 each year, following the calendar year of listing and must be forwarded to reach the Exchange within fourteen (14) days of that date.

Revised January 2010

122

Jamaica Stock Exchange Statement of Corporate Governance Principles & Practices

ISSUES DESCRIPTION/PRINCIPLE

Board Issues

Accountability to shareholders/stakeholders

Mission and Responsibility

Elections

Orientation and Training

Access to Information

Disclosure of Directors’

Biographical Information

Composition

Multiple Board Seats

Independence Directors

Chairman & CEO The JSE will have a separate Chairman and CEO.





PREAMBLE

The Jamaica Stock Exchange recognizes that as a national self-regulatory organization with a mission to ensure and promote a fair and efficient stock market, it must embrace and practice sound corporate governance. These principles and the attendant structures should serve the best interest of all stakeholders and emphasize the highest standards of transparency, oversight and independence.

The intent is to protect the investing public while advancing the interests of shareholders and member/dealers. Confidence in the stock market will be enhanced by the clear demarcation of regulatory and normal operational functions.

These practices are consistent with world best practices and adhere to the relevant legal and regulatory framework. The corporate governance core practices of the JSE are rooted in the acceptance of the following principles:

1. Corporate Governance should establish a clear foundation for Management and Board oversight. The role and responsibilities of Board and Management should therefore be clearly outlined to facilitate accountability.

2. The Board of Directors should be structured and selected to ensure effectiveness, independence and protection of the public's interests through appropriate selection and operating processes.

3. Ethical standards and responsible decision-making should be promoted.4. Governance should ensure that there is accurate, timely and full financial and governance reporting with strong

internal controls and risk management.5. Material information regarding the company's operations should be disclosed in a timely manner to the public and

regulatory entities.6. There should be regular reviews of Board and Management performance to enhance effectiveness.7. Remuneration should be fair to attract and retain competent skills, and reward consistent with performance

objectives. 8. The interests of stakeholders should be carefully balanced, protected and promoted.

The JSE is a public company with public responsibility. It must balance the interest of all stakeholders to foster a fair, efficient and transparent market.

The Board members have the responsibility to attend meetings and familiarize themselves with, and make decisions on issues within their purview.

The provisions for elections of directors are set out in the Memorandum of Incorporation of the JSE and stipulate election of directors on an annual basis. Interest groups identified by the Board will propose independent directors to the Nominating Committee. Where an interest group fails to make a nomination, the Nominating Committee will propose directors for election.

Training is made available to directors upon appointment to the Board. The Exchange will organize orientation and training for any director within three (3) months of appointment to the Board. The Board will pursue a programme of continuous training and development, with emphasis placed on members chairing committees.

The Board considers the provision of good quality, timely and accurate information as a significant priority in company procedures. Management has a responsibility to provide the Board with any information that will allow members to properly carry out its responsibilities.

Sufficient biographical data with the names of all directors, nominated or elected, will be presented to shareholders and directors. This allows for the proper selection of members to specific committees.

Board members will be drawn from different interest groups and from member-dealers. Representation should reflect the diversity of stakeholders and the needs of the Company. The Board shall be comprised of member dealers, independent directors and a non executive chairman.

Members must declare appointments to other companies. They must, at the beginning of the year, and as many times as their positions change, give a written declaration to the Board of the Exchange with pertinent information about the other Boards on which they serve.

Independent Directors must meet the criteria set out in Appendix 1.

123


Committees

Audit and Finance Committee


CompositionThere are both mandatory and non-mandatory committees of the Board. The mandatory committees of the Board are comprised of the Regulatory & Market Oversight Committee, the Audit & Finance Committee and the Compensation Committee. These are referred to in the JSE's Rules.

Each Committee has a written charter outlining its purpose and responsibilities and reporting format. Committees must meet at least twice annually. Review ProcessThe Board of the JSE conducts regular reviews of the performance of the Committees. Chairmen of Committees are required to develop and present their key performance indicators the month prior to the beginning of each year.

The Audit & Finance Committee assists the Board with oversight responsibilities in regards to the integrity of the company's financial statements. It also serves as the communication link between the Board, the management team and the auditors. The Audit & Finance Committee ensures that the Company complies with legal and regulatory requirements.

JSE Membership Committee The JSE Membership Committee is responsible for processing and recording applications of Member Dealers for access of Member Dealers, attorneys/ traders, to conduct business on the floor of the Exchange and their use of these facilities.

Regulatory & Market Oversight Committee (RMOC)

The Regulatory and Market Oversight Committee (hereinafter called the “RMOC”) is the Committee of the Board of Directors of the Exchange comprising the independent directors who are not the nominees or connected to any Member/Dealer of the Exchange. The Board of Directors of the Exchange has delegated responsibility to the RMOC for reviewing and ensuring compliance with and enforcement of the Laws, any Rules including Business Rules, contractual obligations and appropriate standards of conduct governing the Member/Dealers, their clients and participants on the Exchange. The RMOC shall be the disciplinary committee of the Exchange and may impose any of the penalties specified in Rule 228 upon a Member/Dealer in respect of whom disciplinary action is taken, which results in a finding of misconduct

The Corporate Governance Committee is responsible to develop, recommend and review Corporate Governance Principles, applicable to the Board, Management and listed companies. In addition the Committee has the responsibility to oversee the evaluation of the Board's other committees and make recommendations in respect to the structure of and effectiveness of the Committees.

Nominating Committee

Governance Committee

The Nominating Committee is comprised of the Chairman of the Board, the Chief Executive Officer and an Independent Member of the Board and is responsible for the recommendation of suitable candidates to fill vacancies on the Board.

The Compensation Committee of the JSE is made up exclusively of non-executive directors who make recommendations on the company's framework of executive remuneration. The Committee reviews and approves corporate goals in relation to the CEO's compensation, evaluates the CEO's performance in light of the company's goals and objectives and makes recommendations to the Board with respect to executive and non-executive compensation.

Compensation Committee

The Listing Committee ensures the quality and integrity of a listing on the JSE. It is responsible to process applications and make recommendations regarding approval of companies wishing to list on the JSE and review and make recommendations of standards to be observed for companies to remain listed.

Listing Committee

Other Committees These are formed as the directors see fit and includes the Executive Committee

124



Board Meetings There are formal scheduled meetings of the Board at which matters are specifically reserved for discussions. Matters must be addressed within a reasonable time in order to prevent an overrun of pending items. Procedure at Board MeetingsIn the interest of promoting and ensuring transparency all directors must:

Excuse himself/ herself from discussions in, and in making decisions on any matter in which he/she has a personal or business interest or companies on whose Board he/she sits or is connected. Further, members shall be bound by similar standards as outlined in Appendix 1- (Part K) of the JSE's Rules which addresses 'Acting in Concert'.

(a)

General Meetings General Meetings of shareholders are held each year. Communication with shareholders on decisions concerning material, fundamental corporate changes are made on a timely basis.

Performance Evaluation of Board Members and Senior ExecutivesThe Board recognizes the importance of each director working to fulfill the mandate of the company. This evaluation is subject to the review of the Corporate Governance Committee.

The Board recognizes the importance of evaluating the performance of each director, senior executives and the Board as a whole.

Term Limits Board Members are nominated by the Nominating Committee. Committees Chairman/Deputy ChairmanThe Chairman and Deputy Chairman of the Board and Chairmen of Committees have recommended term limits (from one AGM to another AGM) as follows:

(a) The Chairman can serve for five (5) consecutive terms;(b) The Deputy Chairman can serve for three (3) consecutive terms;(c) The Chairmen of Committees can serve for three consecutive terms,

except for the Chairman of the Compensation Committee who can serve for a maximum of five consecutive terms.

Committee MembersMembers can sit for a maximum of three consecutive years. These members are not eligible to be re-elected in the year subsequent to the three-year consecutive stint. Past Board Chairmen should automatically sit on the Executive Committee for the year after demitting office as Chairman.

Age Limits The JSE has no maximum age limit for members sitting on the Board. However the minimum age limit is 18 years.

Transparency Directors are required to provide to the Corporate Governance Committee, information as it relates to business dealings, board affiliations and any other information that would pose a conflict of interest.

Accounting Standards The Jamaica Stock Exchange Board is governed by the standards as communicated from the Institute of Chartered Accountants of Jamaica.

Ethics The Jamaica Stock Exchange currently maintains ethics and confidentiality requirements for Directors and these are posted on the Website.

126

Brokerages & Contact Information

BARITA INVESTMENTS LTD.15 St. Lucia Way, Kingston 5 Phone: 926-2681-2 / 926-2686Fax: 929-8432 e-mail:

SCOTIA DBG INVESTMENTS LTD. 7 Holborn Road, Kingston 10 Phone: 960-6699 / 968-3365Fax: 960-3984e-mail:

JMMB SECURITIES LTD.11 Knutsford Boulevard, Kingston 5 Phone: 920-5039 / 920-4720 Fax: 960-8106 e-mail:

FIRST GLOBAL FINANCIAL SERVICES LTD.2 St. Lucia Avenue, Kingston 5Phone: 926-1275Fax: 926-1279 / 929-6436e-mail:

MAYBERRY INVESTMENTS LTD.1 ½ 0xford Road, Kingston 5 Phone: 929-1908-9Fax: 929-1501 / 920-2103 e-mail:

PAN CARIBBEAN FINANCIAL SERVICES LTD. 60 Knutsford Boulevard, Kingston 5 Phone: 929-5583/4 Fax: 926-0555e-mail:

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

M/VL STOCKBROKERS LTD.2-6 Grenada Crescent, Kingston 5 Phone: 960-1570 / 926-4319Fax: 960-1571 e-mail:

NCB CAPITAL MARKETS LTD.32 Trafalgar Road, 3rd Floor Kingston 10 Phone: 960-7108 Fax: 960-7649 TOLL FREE: 1-888-4-WEALTH e-mail:

STOCKS AND SECURITIES LTD.24-26 Grenada Crescent, Kingston 5Phone: 929-3261 / 929-3400 Fax: 929-4825 e-mail:

VICTORIA MUTUAL WEALTH MANAGEMENT LTD.52 - 60 Grenada Crescent, Kingston 5 Phone: 960-5000 - 3 Fax:960-4972 e-mail:

CAPITAL & CREDIT SECURITIES LTD.18 Trafalgar Road, Kingston 10 Phone: 946-1770 Fax: 978-8005 e-mail:

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]





67

70

2

60

75

Back Cover

125

79

Inside Back Cover

29

85

88

134

35

96

100

104

107

110

58

Inside Front Cover

113

115

117

6

Capital & Credit Security .....................................................................

Carreras Ltd ........................................................................................

COK Sodality Cop ...............................................................................

Ernst & Young Services Ltd. ...............................................................

First Caribbean International Bank .....................................................

First Global Financial Services ............................................................

FSC .....................................................................................................

Gleaner Company ...............................................................................

GraceKennedy ....................................................................................

Ideal Portfolio ......................................................................................

Jamaica Broilers Group .......................................................................

JMMB ..................................................................................................

Jamaica Stock Exchange ...................................................................

Lascelles deMercardo & Co ................................................................

Mayberry Investments Ltd ..................................................................

NCB Capital Market ............................................................................

Pan Jamaica Invt Trust Ltd. ................................................................

Pegasus Hotel .....................................................................................

Radio Jamaica Ltd ..............................................................................

RE/Max Elite .......................................................................................

Salada Foods ......................................................................................

Scotia Group .... ..................................................................................

Seprod Ltd. ..........................................................................................

Supreme Venture Ltd ..........................................................................

Victoria Mutual Group .........................................................................

INDEX TO ADVERTISERS








DIRECTORS AND SENIOR MANAGEMENTPROFILES OF DIRECTORS

Mrs. Rita Humpries-Lewin

Mrs. Humphries-Lewin is a past Chairman of the JSE and is the Founder and Chairman of the Barita Group of Companies which includes Barita Investments Limited, Barita Unit Trusts Management Company Limited and Barita Portfolio Management Company Limited. She is one of the pioneers of the stockbroking industry having been in the business for approximately thirty-five (35) years.

Mr. Edwin McKie

Mr. McKie is the Chairman and Managing Director of M/VL Stockbrokers Limited. Mr. McKie, who was awarded the Order of Distinction Commander Class for his services to Jamaica in the field of banking, is a former trade administrator and former Chairman of the Trade Board and the Agriculture Credit Bank. He also served as a Board Member of the National Investment Bank of Jamaica and the Bank of Jamaica. He currently serves on the Board of the Development Bank of Jamaica. Mr. McKie is the Chairman of the Corporate Governance Committee of the JSE.

Mr. Curtis Martin - Chairman

Mr. Curtis Martin is Deputy Group President of the Capital & Credit Financial Group, as well as President & CEO of Capital & Credit Merchant Bank (CCMB) and Capital & Credit Securities Ltd. (CCSL). He is an Investment Banker with over 29 years experience in the financial services sector. As Bank President, Mr. Martin has responsibility for CCMB's strategic and Operational development, and its day-to-day management. Since 2006 he has been appointed Chairman of the Jamaica Stock Exchange.

Curtis holds a B.Sc. (Hons.) in Management Studies from the University of the West Indies and an MBA in Finance from Columbia University.

He is married with two (2) children and is very keen on spending time with his family. His interest includes Bee Keeping and International Finance.






Mr. Donovan Perkins

Mr. Donovan Perkins is the President & CEO of Pan Caribbean Financial Services Limited (PCFS). In addition to serving on the Boards within Pan Caribbean, Mr. Perkins serves on the Boards of Pan-Jamaican Investment Trust Ltd., First Jamaica Investments Ltd., Jamaica Producers Group Ltd., National Insurance Fund and the National Water Commission. He is an active executive of the financial services community, having served as Vice President of the Jamaica Bankers Association and the Private Sector Organization of Jamaica.

Mr. Mark Croskery

Mr. Mark Croskery is the President & CEO of Stocks & Securities Ltd (SSL) and serves as a Company Specific Director. Mr. Croskery is responsible for the Company's growth, profitability and strategic vision to make SSL the leading provider of Global Wealth Management solutions to Jamaicans.

Mr. Croskery previously interned at Prudential Financial, Inc. (now Wachovia Securities) in Miami, Florida on the fixed income desk before going on to being the leading Wealth Manager at National Commercial Bank Capital Markets Ltd. (NCB CM) as well as an Equity Trader.

Mr. Croskery serves as a Director on the Sugar Company of Jamaica (SCJ) where he serves on the Finance and Audit Sub-Committee, as a Commissioner on the Jamaica Racing Commission (JRC) where he serves on the Finance and Audit Sub-Committee and on the Island Ice & Beverage Company (Jamaica).

Mr. Christopher Williams

Mr. Christopher Williams is the Managing Director of NCB Capital Markets Limited. He currently serves as Chairman of the Jamaica Association for the Deaf, Director of the Jamaica College Old Boys Association, Director of the Jamaica College Foundation, and Council Member of the Jamaica Securities Dealers Association.

Mr. Williams is also a Director of several N C B s u b s i d i a r i e s , t h e s e a r e : NCB (Cayman) Limited, NCB Investments Limited, NCB Capital Markets (Cayman) Limited and NCB Insurance Company Limited.

Mr. Allan Lewis

Mr. Allan Lewis is the Senior Vice President, Group Strategy, of the Victoria Mutual Group Limited where he has served for the past 3 years. Prior to this, Mr. Lewis served as Managing Director of Prime Asset Management Limited, where he is currently a Director. Mr. Lewis has had a distinguished career in life insurance and pension fund risk management, asset management, and strategic planning. He achieved the designation Associate of the Society of Actuaries in 1986, and a Masters in Business Administration in 1987.

N o t w i t h s t a n d i n g h i s p r o f e s s i o n a l accomplishments, he is committed to supporting the wider community. His passion for primary and secondary education motivated him to obtain a Masters in Education in 2002. Allan is a member of the Kiwanis Club of North St. Andrew; a mentor for students at the University of the West Indies and as a member of the Board of Directors of the Mona Preparatory School and Foundation






Mr. Christopher Berry

Mr. Christopher Berry has been the Chairman of Mayberry Investments Limited since 1993. A former Deputy Chairman of the JSE, he sits on several boards, including the Jamaica Central Securities Depository, the Forestry Conservancy, Apex Health Care Associates Limited, Apex Pharmacy Limited, Air Jamaica Limited, Jamaica Public service Company and Planning Institute of Jamaica.

He has over twenty years experience in the securities industry, having joined Mayberry Investments Limited in 1987 when he was responsible for corporate planning and information technology. He subsequently led the company's listing on the Jamaica Stock exchange in 2005.

Miss Anya Schnoor

Miss Anya Schnoor is the Chief Executive Officer of Scotia DBG Investments Limited and the Senior Vice President of the Scotiabank Group's Wealth Management Division. She is also the President of the Jamaica Securities Dealers Association and has served as the President of the Primary Dealers Association. She is a Director of Scotia DBG Merchant Bank, Scotia DBG Fund Managers and Prime Asset Management Limited. She is also a member of the HEART NTA Finance Committee and sits on Scotiabank Jamaica's ALCO Committee.

Mr. Julian Mair

Mr. Julian Mair is the Chief Investment

Strategist at Jamaica Money Market

Brokers and has over 16 years of

experience in the Jamaican financial

sector. Mr. Mair has held positions at

leading Jamaican financial institutions

including Head of Treasury and

Investment services at Dehring, Bunting

and Golding and Senior Trader and

Cambio Manager at JMMB. In addition,

Mr. Mair was formerly the Managing

Director of Lets Investment Ltd. He is a

founding member of the Jamaica

Securities Dealers Association. He

serves as a Director of JMMB Securities

Limited, JMMB International and JMMB

BDI America.

Mr. Robert Drummond

Mr. Robert Drummond is President of First Global Financial Services Limited (FGFS), the securities trading and asset management subsidiary of GraceKennedy Limited since November 2008. As a f o r m e r P r i n c i p a l o f G K I n v e s t m e n t s , GraceKennedy's portfolio of financial and retail businesses. Mr. Drummond executed acquisitions and the launch of new businesses.

Mr. Drummond's career has included appointments in general management, strategic planning for Fortune 500 companies such as American Express Company, ITT Sheraton Corp and Nike Inc. Additionally, Mr. Drummond has spent several years as a management consultant assisting Caribbean and U.S. companies with strategy implementation and business process improvement. He began his c a r e e r i n p u b l i c a c c o u n t i n g w i t h PricewaterhouseCoopers in New York City.

He also serves as a member of the Board for First Global Financial Services Limited and the Jamaica Stock Exchange and is currently the Vice President of the Rotary Club of St. Andrew.






Miss Dian Black

Miss Dian Black is the Director, Secur i t ies Management (Debt Management Unit) in the Ministry of Finance & the Public Service. In this capacity she has responsibility for all activities related to the registrar and payments functions for government securities and provides the necessary interface between the JSE and the Government.

She is the Chairman of the Audit and Finance Committee of the Board of the JSE.

INDEPENDENT MEMBERS OF THE JSE BOARD OF DIRECTORS

Mrs. Jane George

Mrs. Jane George assumed the role of Corporate Attorney-at-Law and Head of the Legal Department and Corporate Secretariat of the Lascelles, deMercado Group of Companies in 2001. She is a member of the Law Society of England & Wales and the Jamaican Bar Association.

Mrs. George, who has approximately 20

years experience and expertise in the

legal profession in Jamaica and the

United Kingdom, joined the Board of the

Jamaica Stock Exchange in 2008. She

sits on the Regulatory and Market

Oversight Committee and the Conduct

Review Committee of the Board.

Mr. Livingstone Morrison

Mr. Livingstone Morrison is the Deputy Governor of the Bank of Jamaica with responsibility for Finance and Technology, Payment Systems, Investment and Risk Management.

Mr. Morrison joined the staff of the Bank of Jamaica in 1982 and worked for several years in the Financial Institutions Supervisory Division.

Between 1998 and 2002, Mr. Morrison served as the Division Chief of the Finance and Technology Division, with core responsibilities for strategic management of the accounting, f inance, and information and communication technology functions of the Bank. Mr. Morrison is also a Director of the Jamaica Central Securities Depository.

Mr. Garth Kiddoe

Mr. Kiddoe is the former Dean of the Faculty of Business and Management at the University of Technology, Jamaica and previously the Chief Financial Officer at the Jamaica Public Service Company Limited. He is the immediate past President of the Institute of Chartered Accountants of the Car ibbean as wel l as i ts representative on the Board of Trustees of the Caribbean Court of Justice Trust Fund. He is a Past President of the Institute of Chartered Accountants of Jamaica and of the Jamaica Institution of Engineers. Mr. Kiddoe is the former Chairman of the Audit and Finance Committee of the Board of the JSE.

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JSE BOARD COMMITTEES 2009/2010

INDEPENDENT MEMBERS OF THE JSE BOARD OF DIRECTORS (Cont’d)

CORPORATE GOVERNANCEChairman:Mr. Garth Kiddoe Mr. Ed McKie (or alternate Dr. D. McKoy) Miss Anya Schnoor Mrs. Marlene Street Forrest

EXECUTIVE COMMITTEEChairman:Mr. Curtis Martin Mr. Christopher Berry Mr. Ed McKie Mr. Julian Mair Mrs. Marlene Street Forrest Mr. Robin Levy

LISTING & STANDARDS COMMITTEEChairman:Mr. Curtis Martin Mrs. Rita Humphries-Lewin Mrs. Marlene Street-Forrest Mr. Livingstone Morrison

JSE MEMBERSHIP COMMITTEEChairman:Mr. Livingstone Morrison Miss Dian Black Mr. Garth Kiddoe Mrs. Jane George Miss Nicole Lambert

COMPENSATION COMMITTEEChairman:Mr. Curtis Martin Mr. Garth Kiddoe Mr. Donovan Perkin Mr. Mark Croskery

REGULATORY AND MARKET OVERSIGHT COMMITTEEChairman:Mr. Livingstone Morrison Miss Dian Black Mr. Garth Kiddoe Mrs. Jane George Miss Nicole Lambert

AUDIT & FINANCE COMMITTEEChairman:Miss Dian Black Mr. Garth Kiddoe Mr. Ed McKie (or alternate Dr. Derrick McKoy) Mr. Allan Lewis Mr. Livingstone Morrison Mrs. Jane George Mr. Mark Croskery

NOMINATING COMMITTEEChairman:Mr. Curtis Martin Mr. Livingstone Morrison Mrs. Marlene Street Forrest

Miss Nicole Lambert

Ms. Lambert is a consummate professional with nineteen years experience in various aspects of the practice of law including commercial and conveyancing transactions, litigation and arbitration proceedings and the administration of pension funds, trusts and estates. Her experience of practice in the Private and Public Sectors, has yielded exceptional technical skills

Mrs. Marlene Street Forrest

Mrs. Marlene Street-Forrest is the General Manager of the Jamaica Stock Exchange. Mrs. Street-Forrest has a B.Sc. in Management Studies and an MBA. She has over twenty five years of combined experience in financial and general management. Her mandate as General Manager of the JSE, is to continue the process of developing the Exchange, ensuring that cutting edge technology is used to assist in providing the greatest level of efficiencies in the market. Mrs. Street-Forrest, who is a Justice of the Peace, serves as Secretary of the Board of the JSE and a Director of the Jamaica Central Securities Depository Ltd.

and a unique value-added perspective supported by influential contacts.

Ms. Lambert is the holder of a Bachelor of Laws (Upper Second Class Honours) from the University of the West Indies; a Certificate of Legal Education from the Norman Manley Law School; a Diploma in Business Administration from the Institute of Management and Production, Jamaica; and a Master of Laws (Commercial and Corporate Law) from the London School of Economics and Political Science.

Ms. Lambert's professional experience is as varied as it is accomplished. At present, she is a Consultant Attorney-at-Law in the Commercial Department of Samuda & Johnson, Attorneys-at-Law where she acts as Counsel in a variety of commercial and corporate transactions including, corporate acquisitions, loan and corporate financing, commercial real estate and construction development, and the administration of estates and pension funds.

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THE MANAGEMENT TEAM

From left to right:Miss Michelle Sirdar - Manager, Registrar Services (JCSD)Mrs. Beulah Johnson - Manager, Equity Operations (JCSD)Mr. Robin Levy - General Manager, JCSD & Deputy General Manager, JSEMiss Riccalya Robb - Trading OfficerMrs. Marlene Street Forrest - General Manager, JSEMiss Josephine Lewis - Manager, Trustee Services (JCSD)Miss Suzette McNaught - Manager, Information Technology & Systems Mrs. Doreen Parsons Smith - Human Resources OfficerMr. Wentworth Graham - Chief Regulatory OfficerMrs. Suzette Whyte - Accounting Manager Mr. Neville Ellis - Senior Marketing Officer

133


JSE

JSE

Get on top of your game.

Join the Jamaica Stock Exchange e-campus

and earn your diploma in securities management.

Call to register at the: e-Learning Secretariat

40 Harbour Street, Kingston Tel: 876-967-3271 or 876-502-5537 Fax: 876-924-9090

Website address: www.jamstockex.com Email: [email protected]

RELEVANT COURSES FOR THE FINANCIAL

SERVICES SECTOR

Jamaica Stock Exchangee-Learning Campus

WHY JSE’S E-LEARNING CAMPUS?

COURSE UNITS:

GLOBAL CAPITAL MARKETS AND FINANCIAL

TOOLS

UNDERSTANDING AND INTERPRETING

JAMAICA'S FINANCIAL REGULATIONS

AND LAW

CREDIT RISK MANAGEMENT:

LOANS AND BONDS

FOUNDATION COURSES: Secondary Markets,

Debt and money markets and the equities

markets.

TREASURY MANAGEMENT:

ORGANIZATION AND SYSTEMS

FINANCIAL PLANNING AND

WEALTH MANAGEMENT

COMPLIANCE, ETHICS AND CORPORATE

GOVERNANCE

STRATEGIC PORTFOLIO MANAGEMENT MARKET RISK AND BACK OFFICE

MANAGEMENT

CORPORATE STRUCTURE AND

PROCEDURES

MERGERS, ACQUISITIONS AND

PRIVATIZATIONS

MASTERING FINANCIAL

NEGOTIATIONS

INTERNATIONAL BOND AND DEBT ISSUES

PRACTICAL, HANDS-ON HELP

EXPERIENCED AND RECOGNIZED LOCAL

AND INTERNATIONAL LECTURERS

EXPOSURE TO INTERNATIONAL

BEST PRACTICES STANDARDS

CONVENIENT AND FLEXIBLE PROGRAMS

ON-LINE LIBRARY AND EASILY

ACCESSIBLE DATABASES

24 –HOUR ACCESS TO COURSES

135

INVESTMENTS & CAPITAL MARKETS CONFERENCE

Acknowledgement

JANUARY 26-28, 2011


2011

The Jamaica Stock Exchange is excited to present the 2009 Edition of its Year Book. We recognize that every year our readers look forward to this widely read publication.

This annual publication is a compendium of facts, figures, charts and other illustrations about the performance of the Jamaican stock market over many years. It is an invaluable source of research material for potential investors locally and abroad, as well as for financial planners and managers.

This year as the Jamaica Stock Exchange celebrates its fortieth year of operations, we are truly proud to have served you through various projects and programmes but most importantly through this medium. We pledge to uphold the high standard, which you have come to expect of this publication and also to improve on each edition.

Thanks to all our subscribers and advertisers who have over the years, supported us and have so willingly given their recommendations on how to improve this dynamic product.

The publication of this book would not be possible without the guidance of the JSE's Chairman, Curtis Martin and General Manager, Marlene Street Forrest. Recognition must also be given to all JSE members of staff for supporting the necessary editorial processes.

We look forward your continued support in meeting the needs of our growing market and investor base, as the advancement of each bodes well for the nation at large.

Jamaica Pegasus

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