TRADING REPORT

December 3, 2014

Four securities traded firm as 14,818 shares traded on the Regular Market, with a total value of $44,101.90. Insurance Corporation of Barbados Limited was the volume leader trading 6,970 shares at $2.41. They were followed by Banks Holdings Limited and Goddard Enterprises Limited which traded 4,000 and 2,000 shares respectively.

Regular Market

Security / Volume / High / Low / Market
Price / Advance/
Decline
Insurance Corporation Of Barbados Limited / 6,970 / $2.41 / $2.41 / $2.41 / $0.00
Banks Holdings Limited / 4,000 / $2.89 / $2.87 / $2.90 / $0.00
Goddard Enterprises Limited / 2,000 / $6.32 / $6.32 / $6.32 / $0.00
Sagicor Financial Corporation / 1,848 / $1.70 / $1.70 / $1.80 / $0.00

Effective October 8th, 2012, the market price of a security listed on the board of the BSE will only change if a quantity of shares traded (in a single trade) is greater than or equal to the threshold amount (volume limit) as stated in the table below.

SECURITY / VOLUME LIMIT / SECURITY / VOLUME LIMIT /
ABV INVESTMENTS INCORPORATED / 3,500 / LIGHT & POWER HOLDINGS LIMITED 5.5% Pref / 100
BANKS HOLDINGS LIMITED / 4,000 / SAGICOR FINANCIAL CORPORATION 6.5% Pref / 7,500
B'DOS DAIRY INDUSTRIES LIMITED / 300 / SAGICOR FINANCIAL CORPORATION / 10,000
B'DOS FARMS LIMITED / 1,500 / THE WEST INDIES RUM DISTILLERY LIMITED / 300
BICO INDUSTRIES LIMITED / 100 / WEST INDIA BISCUIT COMPANY LIMITED / 300
CABLE & WIRELESS (BARBADOS) LIMITED / 9,000 / JAMAICA MONEY MARKET BROKERS LIMITED / 10,000
CAVE SHEPHERD & COMPANY LIMITED / 1,500 / MASSY HOLDINGS LIMITED / 6,500
FIRSTCARIBBEAN INTERNATIONAL LIMITED / 10,000 / ONE CARIBBEAN MEDIA LIMITED / 4,000
FORTRESS CARIBBEAN PROPERTY - DEV FUND / 3,500 / TRINIDAD CEMENT LIMITED / 10,000
FORTRESS CARIBBEAN PROPERTY - VALUE FUND / 3,500 / ROYAL FIDELITY TIGRS A FUND / 100
GODDARD ENTERPRISES LIMITED / 3,500 / ROYAL FIDELITY TIGRS A1 FUND / 100
INSURANCE CORPORATION OF BARBADOS LIMITED / 2,500 / ROYAL FIDELITY TIGRS A2 FUND / 100
LIGHT & POWER HOLDINGS LIMITED / 1,000 / ROYAL FIDELITY TIGRS A3 FUND / 100


INDICES

INDEX / TODAY'S TRADING / LAST TRADING / CHANGES
December 3, 2014 / December 2, 2014
Local / 2,134.87 / 2,134.87 / -
Cross-list / 1,706.54 / 1,706.54 / -
Composite / 610.79 / 610.79 / -
MARKET CAPITALISATION (in millions) / TODAY'S TRADING / LAST TRADING / CHANGES
December 3, 2014 / December 2, 2014
Local / 5,361.46 / 5,361.46 / -
Cross-list / 2,849.60 / 2,849.60 / -
Composite / 8,211.06 / 8,211.06 / -

MUTUAL FUNDS

December 3, 2014
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
28-Nov-14 / REPUBLIC CAPITAL GROWTH FUND / w / 1.5080 / 0.0001
28-Nov-14 / REPUBLIC INCOME FUND -* / w / 1.4763 / 0.0014
28-Nov-14 / REPUBLIC PROPERTY FUND / w / 1.2680 / 0.0017
20-Nov-14 / CLICO BALANCED FUND INC. / w / 1.297 / 0.0000
28-Nov-14 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.8248 / 4.8248 / 4.8248 / 0.0106
28-Nov-14 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.8492 / 0.0036
28-Nov-14 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0068 / 0.0020
31-Oct-14 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.6667 / 4.6667 / 4.5734 / 0.0136
31-Oct-14 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8273 / 0.8273 / 0.8107 / -0.0001
31-Oct-14 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.4099 / 1.4099 / 1.3817 / 0.0062
28-Nov-14 / SAGICOR GLOBAL BALANCED FUND / w / 2.30 / 0.01
28-Nov-14 / SAGICOR SELECT GROWTH FUND / w / 1.30 / 0.01
28-Nov-14 / SAGICOR PREFERRED INCOME FUND - / w / 1.06 / 0.00
* Indicates the Fund is currently ex-div

NOTES: QUOTATIONS AND NET ASSET VALUE PER SHARE ARE SUPPLIED BY THE FUND MANAGEMENT. THE OFFERING PRICE INCLUDES NET ASSET VALUE PLUS ENTRY COSTS.

m = monthly valuation, q = quarterly valuation, w = weekly


NEWS

*********************************

ANNUAL GENERAL MEETING

The West India Biscuit Company Limited - Directors have fixed December 22nd, 2014 as the record date for the determination of shareholders entitled to receive notice of the Annual General Meeting of the Company which will be held on January 30th, 2015.

DIVIDEND DECLARATION

Light and Power Holdings Limited - Directors have declared an interim dividend of fourteen (14) cents per share to be paid on December 15th, 2014 to Shareholders on record at close of business on November 23rd, 2014.

Light and Power Holdings Limited 5.5% Pref - Directors have declared a dividend of thirteen point seven five (13.75) cents per share to be paid on December 31st, 2014 to Shareholders on record at close of business on November 23rd, 2014.

Jamaica Money Market Brokers Limited - Directors have declared an interim dividend of sixteen (16) JMD cents per share to be paid on December 16th, 2014 to Shareholders on record at close of business on November 21st, 2014.

Insurance Corporation of Barbados Limited - Directors have declared an interim dividend of seven (7) cents per share to be paid on December 11th, 2014 to Shareholders on record at close of business on December 5th, 2014.

The West India Biscuit Company Limited - Directors have declared a final dividend of fifty-five (55) cents per share to be paid on January 5th, 2015 to Shareholders on record at close of business on December 22nd, 2014.

Barbados Dairy Industries Limited - Notice is hereby given that the Board of Directors of Barbados Dairy Industries Limited ("the Company") decided, after due consideration, not to pay a dividend on the outstanding shares in the capital of the Company for the financial year ended August 31st, 2014.

PUT THROUGH NOTICE

Put-through - Republic Finance and Trust (Barbados) Corporation would like to announce the put-through of 192,307 shares in Insurance Corporation of Barbados Limited at $2.41, scheduled to take place on December 2nd, 2014, has been postponed. A new trade date will be announced in a subsequent Put Through Notice.

8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /
SHARE SUMMARY INFORMATION /
Wednesday December 3, 2014 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ABV Investments Inc. / 20-Oct-14 / $0.32 / $0.32 / $0.02 / $0.30 / 100,000 / 10,000
BICO Limited / 27-Nov-14 / $1.60 / $1.60 / $1.45 / $1.65 / 1,000 / 5,000
Banks Holdings Ltd. / 03-Dec-14 / 4,000 / $2.89 / $2.87 / $2.90 / $2.90 / $0.00 / $2.89 / 41,687
Barbados Dairy Industries Ltd. / 21-Aug-14 / $1.50 / $1.50 / $1.60 / 803
Barbados Farms Ltd. / 12-Nov-14 / $0.51 / $0.51 / $0.25 / $0.50 / 20,000 / 12,299
Cable and Wireless Barbados Ltd. / 17-Nov-14 / $3.00 / $3.00 / $2.55 / $2.59 / 4 / 2,447
Cave Shepherd and Co. Ltd. / 28-Nov-14 / $2.90 / $2.90 / $3.00 / $3.68 / 4,534 / 4,000
FirstCaribbean International Bank / 12-Nov-14 / $1.80 / $1.80 / $1.80 / $2.38 / 500 / 1,298
Fortress Caribbean Property Fund - Dev Fund / 02-Dec-14 / $0.17 / $0.17 / $0.10 / $0.22 / 20,000 / 24,666
Fortress Caribbean Property Fund - Value Fund / 20-Nov-14 / $0.50 / $0.50 / $0.46 / $0.50 / 1,000 / 4,194
Goddard Enterprises Ltd. / 03-Dec-14 / 2,000 / $6.32 / $6.32 / $6.32 / $6.32 / $0.00 / $6.32 / 25,084
Insurance Corporation Of Barbados Ltd. / 03-Dec-14 / 6,970 / $2.41 / $2.41 / $2.41 / $2.41 / $0.00 / $2.40 / $2.59 / 1,000 / 4,532
Jamaica Money Market Brokers Limited -* / 05-Nov-14 / $0.15 / $0.15 / $0.10 / $0.30 / 5,000 / 4,550
Light and Power Holdings Ltd 5.5% Pref -* / 27-May-14 / $3.11 / $3.11 / $3.11 / 1,728
Light and Power Holdings Ltd. -* / 28-Nov-14 / $25.70 / $25.70 / $21.75 / $25.70 / 212 / 2,077
Massy Holdings Ltd. / 24-Nov-14 / $20.00 / $20.00 / $19.00 / 100
One Caribbean Media Limited / 03-Sep-14 / $6.20 / $6.20 / $6.81 / 4,400
Sagicor Financial Corporation Pref 6.5% / 05-May-14 / $2.26 / $2.26 / $2.26 / 1,589
Sagicor Financial Corporation / 03-Dec-14 / 1,848 / $1.70 / $1.70 / $1.80 / $1.80 / $0.00 / $1.70 / $1.80 / 7,152 / 26,914
The West Indies Rum Distilleries Ltd. / 18-Nov-14 / $8.00 / $8.00 / $8.00 / 4,870
Trinidad Cement Ltd. / 21-Aug-14 / $0.80 / $0.80 / $2.00 / 1,100
West India Biscuit Co. Ltd. / 26-Aug-14 / $10.46 / $10.46 / $12.00 / 804
TOTAL SHARES BOUGHT & SOLD / 14,818
Junior Market
Royal Fidelity TIGRS A Fund / 21-May-12 / $10.50 / $10.50 / $10.50 / 100
Royal Fidelity TIGRS A1 Fund / $10.00 / $10.00 / $10.50 / 100
Royal Fidelity TIGRS A2 Fund / $10.00 / $10.00 / $10.50 / 100
Royal Fidelity TIGRS A3 Fund / 18-Dec-13 / $10.00 / $10.00 / $10.50 / 100
TOTAL SHARES BOUGHT & SOLD / -
Fixed Income
Barbados Government Debenture 4.75% 2016 / $101.50 / 15,000
Barbados Government Debenture 7% 2017 / 29-Aug-14 / $103.00 / 222,000
Barbados Government Debenture 7.25% 2028 / $100.00 / 105,000
Barbados Government Debenture 7.75% 2025 / 16-Sep-14 / $107.00 / 43,000
Barbados Government T/Note 6% 2016 / 20-Nov-14 / $103.00 / 6,000
Barbados Government T/Note 6% 2017 / 16-Sep-14 / $105.00 / 15,000
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued