TRADING REPORT

January 18, 2011

One security advanced and one traded firm as 8,238 shares traded on the Regular Market, with a total value of $16,255.80. Fortress Caribbean Property Fund was the volume leader trading 4,572 shares at $1.15 to close up one (1) cent. They were followed by Sagicor Financial Corporation which traded 3,666 shares at $3.00.

Regular Market

Security / Volume / High / Low / Price / Advance/
Decline
FORTRESS CARIBBEAN PROPERTY FUND / 4,572 / $1.15 / $1.15 / $1.15 / $0.01
SAGICOR FINANCIAL CORPORATION / 3,666 / $3.00 / $3.00 / $3.00 / $0.00

Odd-Lot Market

Security / Volume / High / Low / Price
FORTRESS CARIBBEAN PROPERTY FUND / 428 / $1.15 / $1.15 / $1.15
FIRSTCARIBBEAN INTERNATIONAL BANK / 400 / $2.75 / $2.75 / $2.75

Fixed Income Market

Security / Volume
BARBADOS GOVERNMENT DEBENTURE 6.25% 2022 / 10,000
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
January 18, 2011 / January 17, 2011
Local / 3,034.56 / 3,034.23 / 0.32
Cross-list / 1,079.79 / 1,079.79 / -
Composite / 675.01 / 674.96 / 0.05
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
January 18, 2011 / January 17, 2011
Local / 8,753.10 / 8,752.55 / 0.56
Cross-list / 1,797.13 / 1,797.13 / -
Composite / 10,558.10 / 10,557.54 / 0.56

MUTUAL FUNDS

January 18, 2011
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
14-Jan-11 / BNB CAPITAL GROWTH FUND / w / 1.2526 / -0.0030
14-Jan-11 / BNB INCOME FUND / w / 1.2926 / -0.0396
14-Jan-11 / BNB PROPERTY FUND / m / 1.6118 / 0.0037
06-Jan-11 / CLICO BALANCED FUND INC. / w / 1.190 / -0.0060
14-Jan-11 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.4854 / 4.4854 / 4.4854 / 0.0157
14-Jan-11 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.6692 / 0.0038
14-Jan-11 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0113 / 0.0023
30-Nov-10 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.2780 / 4.1920 / 0.0543
30-Nov-10 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8800 / 0.8620 / -0.0342
30-Nov-10 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.1410 / 1.1182 / 0.0017
07-Jan-11 / SAGICOR GLOBAL BALANCED FUND / w / 2.17 / 0.00
07-Jan-11 / SAGICOR SELECT GROWTH FUND / w / 1.11 / 0.00
07-Jan-11 / SAGICOR PREFERRED INCOME FUND -* / w / 1.07 / 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

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ANNUAL GENERAL MEETING

Neal and Massy Holdings Limited – Notice is hereby given that the Annual General Meeting of the Shareholders of Neal and Massy Holdings Limited will be held on February 18th, 2011.

The West Indies Rum Distillery Limited – Notice is hereby given that the Annual General Meeting of the Shareholders of West Indies Rum Distillery Limited will be held on January 31st, 2011.

West India Biscuit Company Limited – Notice is hereby given that the Directors of the Company have fixed January 11th, 2011 as the record date for the determination of Shareholders entitled to receive notice of the Annual General Meeting of the Company to be held on February 25th, 2011.

BICO Limited – Notice is hereby given that the Directors of the Company have fixed January 21st, 2011 as the record date for the determination of Shareholders entitled to receive notice of the Annual General Meeting of the Company to be held on February 22nd, 2011.

FirstCaribbean International Bank Limited – Notice is hereby given that the Annual General Meeting of the Shareholders of FirstCaribbean International Bank Limited will be held on March 24th, 2011.

DIVIDEND DECLARATION

FirstCaribbean International Bank Limited – Directors have declared a final dividend of three (3) US cents per share to be paid on January 28th, 2011 to Shareholders on record at close of business on December 23rd, 2010.

The West Indies Rum Distillery Limited – Directors have declared a dividend of twenty (20) cents per share to be paid on January 28th, 2011 to Shareholders on record at close of business on December 30th, 2010.

Goddard Enterprises Limited – Directors have declared a final dividend of twelve (12) cents per share to be paid on February 28th, 2011 to Shareholders on record at close of business on January 28th, 2011.

Cable and Wireless (Barbados) Limited – Directors have declared an interim dividend of fourteen point eight (14.8) cents per share to be paid on January 31st, 2011 to Shareholders on record at close of business on January 7th, 2011.

West India Biscuit Company Limited – Directors have declared a final dividend of fifty (50) cents per share to be paid on January 20th, 2011 to Shareholders on record at close of business on January 11th, 2011.

Barbados Shipping and Trading Limited – Directors have declared a final dividend of six (6) cents per share to be paid on February 15th, 2011 to Shareholders on record at close of business on January 14th, 2011.

Cave Shepherd and Company Limited – Directors have declared a final dividend of ten (10) cents per share to be paid on February 25th, 2011 to Shareholders on record at close of business on February 4th, 2011.

Barbados Dairy Industries Limited – Notice is hereby given that the Directors of the Company have agreed not to pay a dividend for the financial year ended August 31st, 2010.

NOTICE OF SPECIAL MEETING

Banks Holdings Limited – Notice is hereby given that a Special Meeting of the Shareholders of Banks Holdings Limited will be held on January 24th, 2010.

8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /
SHARE SUMMARY INFORMATION /
Tuesday January 18, 2011 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ANSA McAl (Barbados) Ltd / 03-Jun-10 / $14.80 / $14.80
Almond Resorts Inc. / 03-May-10 / $1.55 / $1.55 / $1.45 / 2,000
BICO Limited / 22-Dec-10 / $1.47 / $1.47 / $1.50 / 1,090
Banks Holdings Ltd. / 11-Jan-11 / $3.85 / $3.85 / $3.80 / $4.00 / 6,842 / 9,000
Barbados Dairy Industries Ltd. / 21-May-10 / $5.29 / $5.29 / $5.25 / 6,286
Barbados Farms Ltd. / 16-Nov-10 / $2.49 / $2.49 / $2.45 / 13,030
Barbados National Bank Inc. / 13-Sep-10 / $5.57 / $5.57 / $5.55 / 10,000
Barbados Shipping & Trading Co. Ltd. -* / 18-Oct-10 / $7.58 / $7.58 / $7.57 / 3,697
Cable and Wireless Barbados Ltd -* / 06-Jan-11 / $5.40 / $5.40 / $5.40 / 3,638
Cave Shepherd and Co. Ltd. / 22-Dec-10 / $4.48 / $4.48 / $4.20 / $4.52 / 42,800 / 5,000
FirstCaribbean International Bank -* / 10-Jan-11 / $3.00 / $3.00 / $2.99 / 30,000
Fortress Caribbean Property Fund / 18-Jan-11 / 4,572 / $1.15 / $1.15 / $1.14 / $1.15 / $0.01 / $1.14 / $1.15 / 14,010 / 30,992
Goddard Enterprises Ltd. / 10-Jan-11 / $5.90 / $5.90 / $5.90 / 1,880
Insurance Corporation Of Barbados Ltd. / 17-Dec-10 / $3.05 / $3.05 / $3.05 / 6,057
Jamaica Money Market Brokers Limited / 22-Nov-10 / $0.10 / $0.10 / $0.08 / $0.20 / 5,000 / 20,000
Light and Power Holdings Ltd 5.5% Pref / 06-Jul-10 / $3.11 / $3.11 / $3.11 / 4,000
Light and Power Holdings Ltd. / 17-Nov-10 / $12.00 / $12.00 / $12.01 / 1,225
Neal And Massy Holdings Ltd. / 21-Dec-10 / $12.50 / $12.50 / $12.00 / $12.75 / 50,000 / 5,922
One Caribbean Media Limited / 29-Dec-10 / $3.10 / $3.10 / $3.10 / 20,900
Sagicor Financial Corporation / 18-Jan-11 / 3,666 / $3.00 / $3.00 / $3.00 / $3.00 / $0.00 / $3.00 / $3.24 / 9,060 / 1,000
The West Indies Rum Distilleries Ltd. -* / 16-Dec-09 / $8.50 / $8.50
Trinidad Cement Ltd. / 04-Nov-10 / $0.80 / $0.80 / $0.80 / $2.00 / 2,000 / 1,100
West India Biscuit Co. Ltd. -* / 24-Nov-10 / $10.01 / $10.01 / $10.05 / 1,000
TOTAL SHARES BOUGHT & SOLD / 8,238
Junior Market
Royal Fidelity TIGRS A Fund / 23-Dec-10 / $10.61 / $10.61
Royal Fidelity TIGRS A1 Fund / $10.00 / $10.00 / $9.30 / 53
Fixed Income
Barbados Government Debenture 8% 2011 / 29-Oct-10 / $106.00 / 29,000
Barbados Government Debenture 8% 2012 / $108.00 / 10,000
Barbados Government T/Note 6% 2016 / 09-Dec-10 / $100.00 / 1,000
Barbados Government Debenture 6.25% 2022 / 18-Jan-11 / 10,000 / $100.00 / $100.00 / $100.00
Odd-Lot
ANSA McAl (Barbados) Ltd / 29-Nov-10 / $14.70 / $14.70 / $14.70 / 280
Almond Resorts Inc. / 14-Dec-10 / $1.75 / $1.75 / $1.75 / 847
BICO Limited / 29-Dec-10 / $1.47 / $1.47 / $1.00 / $1.45 / 94 / 285
Banks Holdings Ltd. / 06-Jan-11 / $4.05 / $4.05 / $3.80 / $3.85 / 52 / 328
Barbados Dairy Industries Ltd. / 31-May-10 / $6.00 / $6.00 / $5.25 / $6.00 / 17 / 300
Barbados Farms Ltd. / 28-Dec-10 / $2.49 / $2.49 / $2.49 / 64
Barbados National Bank Inc. / 09-Nov-10 / $5.57 / $5.57 / $5.50 / $5.57 / 16 / 2,656
Barbados Shipping & Trading Co. Ltd. / 06-Jul-10 / $7.52 / $7.52 / $7.30 / 533
Cable and Wireless Barbados Ltd / 31-Dec-10 / $5.40 / $5.40 / $5.30 / 235
Cave Shepherd and Co. Ltd. / 04-Jan-11 / $5.00 / $5.00 / $5.00 / 381
FirstCaribbean International Bank / 18-Jan-11 / 400 / $2.75 / $2.75 / $3.00 / $2.75 / -$0.25 / $2.75 / 300
Fortress Caribbean Property Fund / 18-Jan-11 / 428 / $1.15 / $1.15 / $1.15 / $1.15 / $0.00 / $1.12 / 16
Goddard Enterprises Ltd. / 14-Jan-11 / $5.80 / $5.80 / $5.80 / 77
Insurance Corporation Of Barbados Ltd. / 04-Jan-11 / $3.05 / $3.05 / $3.03 / $3.85 / 745 / 705
Jamaica Money Market Brokers Limited / 22-Nov-10 / $0.10 / $0.10
Light And Power Holdings Ltd 5.5% Pref / 13-Aug-10 / $3.11 / $3.11 / $3.15 / 28
Light and Power Holdings Ltd. / 04-Nov-10 / $11.76 / $11.76 / $12.01 / 25
Neal And Massy Holdings Ltd. / 22-Nov-10 / $13.79 / $13.79 / $12.50 / $13.79 / 987 / 926
One Caribbean Media Limited / 05-Jan-11 / $3.15 / $3.15 / $3.15 / $5.70 / 400 / 300
Sagicor Financial Corporation / 14-Jan-11 / $2.95 / $2.95 / $3.00 / $3.10 / 423 / 423
The West Indies Rum Distilleries Ltd. / 01-Jul-10 / $8.20 / $8.20 / $8.19 / 65
Trinidad Cement Ltd. / 08-Oct-08 / $2.50 / $2.50 / $1.00 / $1.50 / 977 / 967
West India Biscuit Co. Ltd. / 30-Dec-09 / $9.16 / $9.16 / $12.00 / 45
TOTAL SHARES BOUGHT & SOLD / 828
* = Security is Trading X-Div
*+* = Security is Suspended