JSE YEARBOOK 2010 - Jamaica Stock Exchange · 2017-12-15 · 3 TABLE OF CONTENTS The Jamaica Stock Exchange Yearbook is published annually by the Jamaica Stock Exchange, 40 Harbour

YEARBOOK 2010

TRANSITIONING

1JAMAICA STOCK EXCHANGE YEAR BOOK 2010

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”

YEARBOOK 2010


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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

Year in Review 2010 22 Economic Overview and Stock Market Performance

STOCK 43 Monthly Volumes and ValuesMARKET 44 Monthly Index & Trading AveragesDATA 45 Top Twenty Companies: By Market Capitalization,

Volume and Value 47 Twenty Most Active Stocks for 2010 &

Block Transactions for 2010 48 A Five-Year History of Dividend Summary 49 Bonuses, Splits and New Issues: A Five Year History

COMPANY 50 Corporate Data: Issued Capital, Par Value and Due Dates PROFILES & 51 Top Twenty Companies: By Sales, Pre-Tax Profit and After-Tax ProfitPERFORMANCE 53 Corporate Profit Profile: 2009 vs. 2010

54 Monthly Trading Volumes and Values 63 Understanding Terms and References

65 Corporate Information and Financial Data

JSE DATA 128 JSE Statement of Corporate Governance Principles and Practices 131 JSE Stockbrokerages & Contact Information

132 Index to Advertisers 133 JSE Board Members’ Profile

140 Acknowledgement

125 Listing Fees and Trading Charges for Main Market and Junior Market

STOCK 29 A Five Year History of Trading ActivityMARKET 34 Month-End Stock Price QuotationsACTIVITY 38 Year-End Stock Price Quotations

40 Year-End Corporate Bond Quotations 41 Annual High & Low Stock Prices

12 General Manager’s Report

19 Jamaica Stock Exchange Regulatory Operations

MESSAGES 4 Chairman - JSE 5 General Manager - JSE 7 Milestones of the JSE over the last 41 Years 8 JSE Corporate Highlights 2010



JAMAICA STOCK EXCHANGE YEAR BOOK 2010

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Farewell Message

chairman, Jamaica Stock exchange

A

Mr. Curtis A. MartinChairmanJamaica Stock Exchange




s I penned my last message as Chairman of the Jamaica Stock Exchange (JSE), it is with a sense of pride and satisfaction that I was able to serve the Exchange from 2006-2011 and by extension, you our treasured stakeholders. Central to all the decisions that we took, was the need to increase shareholders' value and by

extension expand the Exchange. I am proud to have served you and will continue to work on the Board of Directors, to ensure that we continue to serve you with distinction.

Thank you for your support over the past five years. Your feedback, your advice and your criticisms have assisted the JSE to become much more efficient in our service delivery. I am pleased to say that during my tenure in office we have completed the process of demutualization, that is, the separation of the regulatory and the commercial arm of the JSE. This is in keeping with our mission statement: to provide a fair, efficient and transparent stock market. We ourselves became a listed company through the listing of our preference shares on the market, to symbolize our commitment to the market.

I am also privileged to be a part of a team that spearheaded the expansion of the JCSD, the company's subsidiary, into Registrar and Trustee Services. We believe these related services have enhanced the quality and efficiency of the financial market. Concomitantly, in order to ensure that investors and other market players were kept abreast with the market and its potentials, the JSE launched its first National Investors Education Week in Jamaica in 2008 and our Stock Market Game for High Schools in 2009; also the first of its kind in the region.

thThe year 2009 was a very special year for us at the Jamaica Stock Exchange, as we celebrated our 40 year by launching several new initiatives. In April, we launched the Junior Market, a market we believe will be pivotal in driving growth and development of our economy. Further to this, for the first time in the history of Jamaica, small and medium sized companies have more incentives to access equity via the capital market. The Government of Jamaica must be commended for the ten year tax holiday it has provided to these companies to facilitate their growth. Since the inception of the market, 11 companies have listed their securities. Another market development pursued and implemented within the year was the Regulatory and Market Oversight Division's Automated Market Surveillance System, the first electronic system of its kind in the region. This was done with the view of bolstering our market surveillance and thereby increasing market integrity.

In 2010 we also launched our e-Learning facility, as we recognized that persons within the industry needed a more accessible and convenient way to study

to keep on top of the trends and changes within the industry. We believe the best way of achieving this is through the use of an internet-based approach.

As we look towards the future, the Stock Exchange will be laying the foundation to offer several other new products such as, the trading of Futures and Options. With the introduction of our new trading and settlement platforms, we are expecting to offer more products to our investors.

None of these significant milestones could have been achieved without the support of all Board Members, Senior Managers, Staff and you our faithful Readers. We have worked well over the past 5 years and I am anticipating that this level of support will be given to the incoming Chairman. We once again thank you for your support as we work together to build Jamaica.

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Message - General Manager, Jamaica Stock Exchange

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Mrs. Marlene Street Forrest General Manager Jamaica Stock Exchange




ear Readers,

It is a pleasure to greet you once more. So much has happened at the Stock Exchange over the past

year and even the past decade, yet there is so much more to offer in the future. We have only just

begun, therefore in order to capture the essence of our journey to date and our future exploits, I

believe we can truly say we are transitioning as depicted by the title of this the 2010 Year Book. It has

been a challenging year for our country, our companies and the Stock Exchange but I choose to

emphasize the positive, which so often goes unnoticed because of other competing events. Our

achievements over the past decade have been solid and as I look back over that period with a sense

of satisfaction, I would like to highlight a few of our achievements. Namely:

I. The revamping of our website

II. The changing over to a total electronic trading platform

III. The addition of four new brokerage houses

IV. Successful lobbying for the elimination of withholding taxes on securities

V. The launch of the first Investments and the Capital Markets Conference

VI. The demutualization of the JSE and subsequent listing of the JSE and

VII. The introduction of the Junior Market

The JSE saw a very busy period over the last decade and I would like to say special thanks to the Board of Directors, the Management and Staff for the hard

work they have done, that enabled us to realize these major achievements.

The new decade comes with a lot of uncertainty and will have its own challenges. However we are looking forward to this period with high anticipation. We

are looking to introduce several new products on the market over the next decade, to continue positioning ourselves as the leading Exchange in the

English Speaking Caribbean. Chief among these are:

ü The Derivatives Market to include Futures and Optionsü Fixed Income Trading and;ü Expanding of the market to more participants

We are looking forward to another exciting decade of serving you our stakeholders and the country in general. We are also looking forward to welcoming

the new Chairman of the JSE. We say thanks to Mr. Curtis Martin, who has served the Stock Exchange with distinction for the past five years. We

congratulate him on a “Bullish Run” despite the woes of the domestic and world economies.

I also congratulate our listed companies, many of whom have had some difficult years, but based on their foresight, determination and their attention to

good governance, have risen to the challenge and with steady hands, are now navigating their companies through turbulent waters.

As we position ourselves for the next decade, we continue to solicit feedback and support from you, our readers. We want to continue to say thanks to our

advertisers who have remained steadfast with us over the last decade and to those that have recently come on board, for their part in making this

publication a success.

Thanks to Miss Riccalya Robb and Mr. Ferris Jackson from our Market Operations & Trading Department for compiling the data. Thanks also to the entire

Marketing Department and others who assisted in putting this publication together.


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April 2008Establishment of RMOC & RMOD


September 2009Launch of RMOD’s AutomatedMarket Surveillance System the first such electronic system in the region.

2008The Company’s subsidiary expanded into thetrustee services business and many more. In September 2008 the JSE celebrated its first National Investor Education Week and launched its Stock Market Game for High Schools.

2005JSE revamps its website and re-lauanches the new look website in July.

the Jamaica Stock

,

began in Jamaica as an over-the-

Record 8 Listing on Junior Market in 2010

September 2010The first cohort for the e-Learning Campus.

April 2010Launch of e-Learning Campus April 1, 2010.

October 2009Access Financial Services Ltd. was the first company to list on the Junior Exchange.

Milestones of the JSE over the last 41 Years



JSE CORPORATE HIGHLIGHTS 2010The Best of The Best Took Centre Stage At

The Jamaica Stock Exchange Best Practices Awards BanquetBest

PracticesAwards 2009

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Continued on next page

On a picture perfect night, Jamaica's best and brightest minds in the financial industry gathered at the Jamaica Pegasus to receive or congratulate colleagues and friends who would receive coveted Best Practices Awards from the Jamaica Stock Exchange. The ceremony took place against a fabulous backdrop of red, blue and gold. There was an atmosphere of anticipation as a record number of guests looked forward to a splendid evening. The Guest Speaker of the night was Dr. Henry Lowe, C.D., J.P., PhD, F.R.S.H., A.R.I.C.; Founder and Chairman of the Biotechnical Institute. Custos of St. Andrew, the Honourable Marigold Harding brought greetings on behalf of the Governor General, His Excellency Sir Patrick Allen, under whose patronage the banquet was held.

Mrs. Marlene Street Forrest, General Manager of the Jamaica Stock Exchange started the e v e n i n g ' s p r o c e e d i n g s b y welcoming guests to the event. She remarked: “we are pleased with the continued interest that these Awards stimulate and each year we look forward to celebrating with you the achievements of the companies represented here tonight at this premier event. We note that not only are the listed companies and stockbrokers interested in these Awards but so are the investors”.

After her address, the JSE's Chairman Mr. Curtis Martin took the opportunity to announce the launch of the Caribbean Exchange Network (CXN). He stated the CXN “…will be launched on January 14, 2010. This will provide investors with access to the 100+ stocks that are traded in Trinidad & Tobago, Barbados and Jamaica seamlessly through participating brokers. It will

regional index and may be considered an important first step to the establishment of a truly regional market space”.

The Guest Speaker, Dr. Henry Lowe, commented in his speech: “[I must] make it absolutely clear that everything we do in business, as in science & technology; must ensure that effective quality and s tandards are establ ished, maintained and rigorously policed. This is why I support and endorse t h e w o r k o f r e g u l a t o r y organizations such as the Financial Services Commission, as well as the efforts of the Jamaica Stock Exchange, to ensure that Jamaican listed companies comply with es tab l ished s tandards and reporting guidelines, as well as best practice corporate governance policies. These will enable them to provide transparent and timely information to the investment public and the Jamaican populace on a whole. To be sure, accountability and good governance are essential to the long-term sustainability of any enterprise”.

2010 Governor General's Award for Excellence: Mr. Patrick Hylton, Group Managing Director, National Commercial Bank Jamaica receives the prestigious award on behalf of his company, from Custos Marigold Harding.

It was then left to the Chairman of the Best Practices Committee Professor Neville Ying, to speak to the 2009 compet i t i on and announce the winners. In his address he stated, “there are four ties for the 2009 awards, for different categories. This is a record and it shows that companies are very serious about ensuring that their companies meet and exceed international standards and can compete in the international arena. Therefore, every year they refine their product, services and organization to ensure that they keep up wi th in ternat ional standards. Therefore it is getting more difficult to separate most companies. This is reflected in the scores obtained as most times companies are separated by very small margins”. He then went on to announce the winners for each category.




JSE CORPORATE HIGHLIGHTS 2010

Best Practices

Awards 2009


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Mr. Patrick Hylton, Group Managing Director, National Commercial Bank Jamaica Ltd., accepts the JSE/PSOJ 2010 Corporate Governance Award from Ms. Greta Bogues, JSE/PSOJ Corporate Governance Chairman.


The Best Practices 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, gove rnance p rac t i ces and business activities. In the area of Best Annual Report, third place went to JMMB, the runners up were PanCaribbean Financial Services Limited and the company to walk away with the winning award in this category was National Commercial Bank Jamaica Limited.

The Jamaica Stock Exchange B e s t P r a c t i c e C o r p o r a t e D i s c l o s u r e a n d I n v e s t o r Relations Award recognizes companies that make timely and a c c u r a t e r e p o r t s a n d 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.

s tChristopher Bovell. The 1 runners up were Scotia Group Jamaica and Sagicor Life Jamaica. The winners were

National Commercial Bank J a m a i c a L i m i t e d a n d P a n C a r i b b e a n F i n a n c i a l Services Limited.

The Jamaica Stock Exchange Best Performing Company Award seeks to identify and r e c o g n i z e o u t s t a n d i n g 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 Salada Group Limited, the runner up was Carreras Ltd and the winner, First Jamaica Investments.

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

stBrokerage Community. The 1 runner up was Mayberry Investments Limited. The winners in this category were Barita Investments Limited and P a n C a r i b b e a n F i n a n c i a l Services Limited.

The Jamaica Stock Exchange Best Practices Website Award is

divided into two categories; the Jamaica Stock Exchange Website Award for Brokerages and the the Jamaica Stock Exchange Best Practices Award for Listed Companies. This ca tegory was des igned 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

stListed Companies category: 1 runners up were Guardian Holdings Limited and Capital & Credit Group and the winner was Trinidad Cement Limited.

In the Brokerages category, in third place was Scotia DB&G Ltd

stwith 1 runner up First Global Investments Limited and the winner, NCB Capital Markets Limited.

The final category was the P S O J / J S E C o r p o r a t e Governance Award, wh ich h o n o u r s c o m p a n i e s d e m o n s t r a t e a n d p r a c t i c e outstanding corporate governance. Third place went to Scotia Group

stJamaica, the 1 runner up was Sagicor Life of Jamaica and the winner was National Commercial Bank.

The evening climaxed with the presentation of the prestigious Governor General Award by the Hon. Marigold Harding, Custos of St. Andrew, on behalf of the Governor General. The company that emerged the overall winner was National Commercial Bank Jamaica Limited.

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JSE CORPORATE HIGHLIGHTS 2010

Best Practices

Awards 2009


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Mrs. Donette Johnson, Senior Equity Trader of Jamaica Money Market Brokers Ltd accepts the second runner-up award in the category of Annual Report from Mrs. Marlene Street Forrest, General Manager, JSE.

Miss Joanna Banks (left), Assistant Manager, Structured Products- PanCaribbean Financial Services Ltd receives the joint first place award for Corporate Disclosure & Investor Relations from Mrs. Janet Morrison, Director-Jamaica Stock Exchange.

Ms. Marcia Osborne, Human Resource Manager, First Jamaica Investments Ltd accepts the award for the Best Performing Company category from Mr. Curtis Martin, Chairman, Jamaica Stock Exchange.

Mrs. Michelle Wilson Reynolds, Senior VP, Group Marketing & Corporate Affairs, Capital & Credit Financial Group, accepts the award for joint second place in Website (Listed Company) from Mr. Leo Williams, Director, Jamaica Central Securities Depository (JCSD).

Mr. Ian McNaughton (left) Company Secretary of Barita Investments Ltd., receives the joint first place award in the category Investor Relations Stockbrokerage on behalf of his company from guest speaker Dr. Henry Lowe.





JSE CORPORATE HIGHLIGHTS 2010Best Practices Awards (cont’d)

Best Practices 2009 Awardees.thAll smiles at the Jamaica Stock Exchange's 6 Annual Best Practices

Awards Banquet (from left) Mrs. Marlene Street Forrest, Dr. Henry Lowe, Professor Neville Ying, Custos Marigold Harding and Senator Oswald Harding.

Market Research Competition

(Left to right) Members of the Jamaica Stock Exchange's Market Research Committee (MRC) Mr. Lloyd Vermont, Professor Claremont Kirton (Chairman - MRC) Mr. Robin Levy and Mr. Marcus James (Special Judge) at the JSE's Combined Market Research and Stock Market Games Ceremonies held on July 15, 2010.




GENERAL MANAGER'S REPORT - JSE

Mrs. Marlene Street Forrest General Manager Jamaica Stock Exchange

(Continued)

The year 2010 was a year in which the Jamaica Stock Exchange (JSE) experienced mixed fortunes. The main market continues to fluctuate between 83,000 and 85,000 points, while new initiatives that were implemented began to bear fruit. Long-term programmes designed to improve market usage, acceptability, confidence and product diversification have started to gain traction to investors and other market participants.

Despite the continued impact of the global crisis and our own local economic difficulties, the JSE experienced some positive outcomes.

ENVIRONMENTAL FACTORSLimited production output, increase in unemployment, rising oil prices and the global recession extended the slowdown of the Jamaican economy in 2010. During the year, the country was also faced with additional disruptions from civil unrest and severe weather conditions that further contributed negatively to the economic performance. Reduction in consumption and disposable income coupled with investors' perception of uncertainty within the economy, contributed to a lackluster market. Nevertheless, with the reduction in interest rates and the continued stabilization of the Jamaican Dollar relative to the US Dollar, it is expected that there will be increased market activity in 2011.

The JSE expected that the reduction of interest rates on government papers, resulting from the Jamaica Debt Exchange Programme (JDX) which was implemented in February 2010, would have had a small but positive impact on the market. There is no evidence that the secondary market has responded to this initiative. We believe that there may be (a) lag time, (b) possibly no correlation between the two or (c) that there are other factors which have impacted on the return of investors to the market. The strengthening of investors' confidence in the economy and the market and other positive indicators of growth in the economy and improvement in employment will translate into the positive movement in the stock market.

JSE PERFORMANCE IN 2010As a direct result of environmental factors, the stock market continued to experience declines in stock prices. There were increased levels of trading throughout 2010 when compared with activities in 2009. While secondary activities on the main market improved, the Exchange saw growth in listings on the Junior Market. There were seven listings via Initial Public Offering (IPO) on the Junior Market. This resulted in an increase in the index from 150.01 points in 2009 to 379.92 points in 2010. Interestingly, investors were receptive to investments in new listings.

Another element of the Company's diversification strategy was also accomplished when in September the e-Learning Campus received its first cohort for the one year Post Graduate Diploma in Financial Management Services.

The Company continued to make efforts to increase efficiencies and reduce expenditure. This was even more important in light of the reduction in revenue due to the further down-turn in market and also the lower yields in interest income especially given that the latter comprised a significant




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

percentage of the Company's overall income. The JSE and its subsidiary, the Jamaica Central Securities Depository (JCSD), both experienced sharp declines in revenue and profitability. Notwithstanding this, the JCSD Trustee Services Ltd., the newest subsidiary formed in 2008, and the Registrar Services, experienced growth in the number of clients and in profitability.

The Stock Exchange understands the importance of market education and has continued an intensive marketing programme to educate and encourage companies to explore the route of the Main and Junior Markets to raise new and additional equity capital for their businesses. Emphasis has also been placed on educating the public on investing in the equities market. It is conceivable that based on the information currently in the market place and despite lower loan rates, more companies will be pursuing the avenue of raising equity capital and listing on the JSE within 2011 and beyond.

The long awaited Caribbean Exchange Network (CXN) continued as a 'work in progress', despite the fact that all technical and infrastructural support are in place. We continue to pursue this initiative, as we believe this will redound to growth of the Regional Capital Markets. This initiative however will only be successful if member-dealers within the region are convinced that this will enhance their business and will take the necessary steps to pursue this initiative. On the other hand regulators will need to put the necessary provisions in place to reduce regulatory hurdles.

In our pursuit to make the JSE attractive to more participants we have determined that it is necessary to introduce new products to the market, improve our service delivery and to communicate more effectively with our stakeholders. Work is continuing in these areas and we urge you to look forward to improvements in these areas as we migrate to new trading and settlement platforms in 2011 and we seek to roll-out a diversified suite of products from which investors can choose.

OPPORTUNITIES While we look to seize new opportunities in 2011, we will work to consolidate our gains. Having successfully launched the Junior Stock Market and worked with many companies seeking to list on the market, it is necessary to continue to pursue this avenue. In 2011 we plan to implement a new index to allow greater exposure for the Junior Market Companies and to seek avenues in which listed companies and by extension investors can benefit from listing on the market. There are several opportunities that exist in the area of venture financing and fixed income trading that will be explored in 2011.

The Stock Market Game aimed at capturing the imagination of young people within the Secondary Schools has so far as been successful. The plan is to broaden this programme in the upcoming year, thus reaching out to the wider adult population, allowing them to get a better understanding of how to trade in equities.

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, the implementation of new products and services such as our website, the Stock Market Game, the Investment & Capital Markets Conference and the newest addition, the e-Learning Campus, show potential for enhancing stakeholder value and have all been maintained and enhanced through the dedication of our internal and external teams.

There is always merit in introducing new blood to the market place through additional member-dealers. The timing was not right for the auctioning of a member dealer license in 2010. With the likely improvement in the market in 2011, the Exchange will be pursuing this agenda as this remains an integral part of our strategic plan but must be effected at the most opportune time.

(Continued)

STAYING THE COURSEOur vision remains focused on improving the capital market by creating products that will enhance the investment experience and encourage new companies to list on either the Main or the Junior Market and create new markets in which new and existing investors will participate. We must continue to seek new avenues to provide greater value to our listed companies by identifying areas in which we can reduce their costs while at the same time provide our shareholders with real returns on their investment.

The year 2010 has been the most challenging in the past decade. However, this period was well spent in reviewing our systems, processes and procedures in order to improve efficiencies, increase our product offering and to fulfill our mandate of fostering growth and development of the market through efficiency and transparency.





JSE OPERATING PLATFORMSOur trading and settlement software and hardware platforms remained robust in 2010. We experienced no significant downtime and have even improved on the previous year's performance. Despite this, we continue to examine new products that we have committed to offer to the market. The JSE will explore the possibility of migrating to new trading and settlement platforms in 2011. We anticipate that with this move we will be able to have one of the best trading and settlement platforms for excellent service delivery at the most competitive rates.

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 for the high school & tertiary level

Staff training

Continued Development of internal processes for CXN

JSE e-Learning Campus and

Public Stock Market Game

(Continued)

DEPARTMENTAL HIGHLIGHTS

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

Conference 2010The Investments and Capital Markets Conference is now a calendar event and is held every January. The conference is designed to bring together persons in the Caribbean, North America and Europe to discuss the different industries and the way forward for economies and businesses for the rest of the year. Conference 2010 has been the most successful since the inception.

Stock Market GameThe Jamaica Stock Exchange (JSE) continues to provide creative, innovative and entertaining ways to introduce elements of the stock market to students and teachers in our schools. The Stock Market Game is a competitive, investment simulation exercise that pits students and schools against each other for cash and other prizes. The game utilizes computer-based software to act as an educational tool that allow schools to enhance the classroom learning experience in understanding how investments work, performing financial analysis and managing all aspects of an equities portfolio that is evaluated monthly. Stockbrokers mentor the participants on the science and art of investing.

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The Winner of the JSE Stock Market Game for 2010 was Calabar High School, Campion College was the second runner up and Bellfield High School was the first runner up. The individual winners were: §Dexter Smith of Calabar; first place §Shawn Parker of Bellfield in second place and §Matthew Williams of Campion; third place winner.

Market Research CompetitionThe JSE congratulates Mr. Richard Gordon, Research Analyst at NCB Capital Markets Limited who copped the 2009/10 Market Research Competition Awards. The Market Research Competition was established in 2004 by the JSE with the main objective of increasing the interest and involvement of analysts and observers in the Jamaican Stock Market through in-depth analysis of the performance of listed companies. In addition, the competition seeks to enhance the research, analysis and presentation skills of the entrants, enabling them to better understand the market, improve their communication skills and in the case of broker representatives, to better advise their clients.

High School Education ProgrammeThis programme is geared towards exposing High School Students enrolled in CSEC and CAPE courses, to understand the roles and functions of Stock Exchanges and to allow students to develop an appreciation for investments. In 2010 a record 45 schools visited the Exchange and participated in the programme. The programme is also a medium through which the JSE generates awareness of the Exchange and tries to build the base of investors through educating the youngsters and encouraging schools to participate in the Stock Market Game.

Workshops

The JSE recognizes that as the world continues to grow more complex, careers are becoming more specialized and require continuing education to allow specialists to make informed decisions. This is especially true in the financial field. In 2010 the JSE hosted five (5) workshops to allow participants to continue to develop the skills necessary for today's changing environment. Among the workshops were:

(Continued)

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ü Company Valuation ü Corporate Financeü Risk Managementü Corporate Secretary ü Taxation

JSE's Public Investor Outreach

There were four (4) Public Investor Outreaches held across the Island in 2010. The Public Investor Outreach is geared towards educating the Public about the Stock Market and to update the public on any new developments on the market. Investors were very receptive and record numbers of persons participated.

Corporate Outreach

The JSE also seeks to educate workers in different organizations about investing in the market, through its Corporate Outreach programme. A total of 18 corporations were visited in 2010.

Teacher Education Programme

The JSE appreciates that education will play a major role in developing the market. Therefore over the last 2 years we have developed the Teacher Education Programme, where the JSE's staff visits various schools to inform the teachers about the Exchange, its role and function and how to invest in the market. This training the trainer approach is working well at preparing the future investors.





(Continued)

Best Practices AwardsThe JSE Best Practices Awards were established in 2004 by the Jamaica Stock Exchange as a medium to encourage listed companies and stockbrokers in the securities industry to adopt and uphold best practice standards and to enhance the relationship between the JSE and its stakeholders. This event has become a calendar event, the 2009/10 awards were held at the Pegasus Hotel on December 8, 2010 and National Commercial Bank walked away with the prestigious Governor General trophy.

Lets Talk WealthThis programme is aired on television and explores the various avenues of wealth creation. It allows investors to become more aware of savings and investments, especially through the Stock Exchange. Through this programme which is aired on a local television station, we hope investors and potential investors will become more financially savvy.

PublicationsAlong with the various marketing activities, the JSE provides a series of publications to assist investors and potential investors in making more informed choices that will reduce certain type of risk when making their equities investment decisions. These publications are:

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1. The Stock Market Review2. The Pocket Book3. The Year Book 4. CEO's Report

Young InvestorsThe JSE also collaborated with other entities to get the message out regarding the Stock Market. Since 2009 we have been partnering with Mr. Owen James of All Media Services to bring to the public, the Young Investors’ programme. The Young Investors' programme is aired at 1:00 p.m. on TVJ every Sunday during the programme “On a Personal Note” hosted by Mr. Owen James. In this game, young persons are given $100,000.00 in virtual money to trade in the market and compete against each other in growing the largest portfolio.

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 encourage the adoption and practice of international standards.

INTERNAL AUDIT Our internal controls and procedures have improved following our decision to outsource our internal audit function to PriceWaterHouseCoopers. The JSE has taken on board the recommendations and response time for implementation has been excellent. This trend will continue and will lend itself to further gains in respect to efficiencies and controls.

INFORMATION TECHNOLOGYThe JSE continues to implement and utilize information technology systems to support and enhance its strategic objectives. During the year, the team has worked assiduously to improve the infrastructure while ensuring that the following objectives are met:

1. Alignment of IT activities with the JSE strategic objectives2. Implementation of IT best practices for better risk management and compliance3. A more stable IT infrastructure to better enable business continuity

These were done in an effort to mitigate against the various IT risks, maintain compliance and business continuity. The IT Department as part of its mandate, will continue to keep abreast of emerging trends and implement new technology where required.





(Continued)

Other successful initiatives in 2010

Implementation of an online Learning Management System - the objective of which is to offer online training to players in the financial industry. The system dubbed 'The JSE e-Learning Campus” was launched in the third quarter of 2010 and has so far proven to be an exciting addition not only to education but also to the JSE's many service offerings.Enhanced technology platform to better respond to changing business needs.The introduction of the Junior Market and Bond Indices reporting which uses the website as a very valuable resource for information to investors, financial analysts, researchers, students, and other visitors.

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Focus for 2011

In 2011, the JSE will be implementing a new trading and settlement platform. This new platform will provide increased trading capacity with the ability to implement new products in a short time, scalability, improved reporting capabilities, improved member connectivity and reduced maintenance costs.

The Stock Market Game for high schools has been a tremendous success over the years and consequently the JSE will be introducing this product (Online) to the investing public.

Our team is committed to continuing the thrust to implement solutions that are geared towards allowing the JSE and its subsidiaries to take advantage of market opportunities which will increase revenue, improve customer service and restore profitability. An increase in the Return on Equity, efficient utilization of assets and cost effective regulation of the market and maximizing the Group's investment portfolio will be the major areas of focus.

HUMAN RESOURCES 2010At the JSE we recognize that our employees are our greatest assets and as such we continue to invest in their development though various training programmes and workshops, our education assistance programmes and in-house engagements.

The year saw the introduction of the JSE Group Contributing Staff Welfare Fund which is owned by contributing staff members of the JSE Group. This Fund came about as we recognize that there are times when employees might be faced with extreme difficulties that extend beyond normal benefits already provided by the Company. The purpose of this fund is to provide additional monetary support to staff members in times of challenging emergencies. This Fund is supported by staff contributions and fundraising activities put on by staff members.

The introduction of our 'Chat-In Sessions' became necessary to support staff in areas that would affect their lifestyle such as budgeting, retirement and financial planning. These sessions are held once monthly to allow for staff engagements with representatives in specialized fields.

In going forward, some of the training areas we will be focusing on are:

ü Leadership Development & Coachingü Presentation & Communication and ü Teambuilding,

Also there will be in-house rotation of staff members to different departments and a wellness programme to promote healthy lifestyle.

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





CORPORATE SOCIAL RESPONSIBLITYDespite the challenges faced during the year, the Group continued to make a difference in the lives of others through our corporate outreach programmes. Looking towards the future generation, we maintained ties with St. Michael's Primary School through the Breakfast Feeding Programme that has positively impacted on the lives of the students. We have been informed that more students are in school and reporting early for classes as a result of the feeding programme.

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

FORECAST - 2011We will continue to build on the gains we have achieved in 2010 such as the interest in the Junior Market and e-Learning Campus. The Registrar Division of the JCSD and Trustee Services are areas that we intend to grow. Focus will be placed on garnering market intelligence that will allow the Exchange to respond to the needs of potential listed companies. Partnering with and lobbying government for incentives and programmes to encourage the expansion of small, medium and venture companies will also be part of the Exchange's agenda for 2011.

As part of the Group's short, medium and long-term strategies, several other business initiatives, are being pursued which include:

An exchange traded (ETF) fund market

New Exchange Indices

Market Data Messaging Services

Listing of Foreign/International Companies

The Fixed Income Trading Platform

We wish to thank all our listed companies, investors and others, whose continued support and feedback has enabled us to continue our growth path. While we experience challenging times we are aware that this is the same for many who continue to support the market with their time, finances and effort; understanding that many of the gains that will be made will be visible in the long term.

We appreciate the sterling job of the members of our Best Practices Awards and our Market Research Competition Committees. Without them these market education programmes would not be successful. We extend special thanks to the dedicated Committee members who volunteer their expertise and energies 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, often above and beyond the call of duty, throughout the year. It has been a challenging year for them as well but they have remained focused to the goal of developing a vibrant stock market.

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




Mr. Wentworth Graham Chief Regulatory Officer

(Continued)


The Regulatory & Market Oversight Division's 2010 Year In Review of JSE's Regulatory Activities

n 2010 the local stock market showed a rebound when compared with the previous year. During the period there was growth in the number of transactions, volume, value and the indices of the Jamaica Stock Exchange. Equally, the JSE's regulatory activities saw positive outturns for the year under review. I

International Comparisons and RankingsFor purposes of this review it is fitting to highlight the 2010/2011 World Economic Forum Global Competiveness Report, where Jamaica featured well in certain categories, which it could be said the JSE was a contributory agent. In the report, under Regulation of Securities Exchange, Jamaica ranked 23 out of the 139 countries surveyed. At this ranking, Jamaica was one (1) notch below Canada, and a few below countries such as France, India and Brazil. Under the same category the Agency ranked Jamaica above all its Caribbean counterparts, as well as other countries, such as United Arab Emirates, Germany and the United Kingdom.

Summary AccomplishmentsOther accomplishments by the Regulatory & Market Oversight Division (RMOD) in 2010 are as follows:

1) Realizing a 2% ratio in Outstanding/Brought Forwarded Cases at the end of the year. This was 3 percentage points below 2009;

2) Treating with 133 Market Surveillance and Compliance Issues; which was 8% above the 123 issues for the year 2009;

3) Developing three (3) new rules that furthered JSE's commitment to embracing Best Practices and International Standards;

4) Having “face-to-face” meetings with Listed Companies to discuss specific and general regulatory concerns;

5) Completing the 2010 member-dealers' Inspections Plan;6) Participating in island-wide public outreach sessions with the Exchange,

and other associated organizations such as the Financial Services Commission;

7) Hosting “Rules Orientation” sessions for officers of all new listings that were brought to market in 2010; as well as newly appointed officers of existing Listed Companies

Concluding SummaryIn 2010 the RMOD engaged in significant activities, which were controlled and well managed. These activities, undoubtedly, buttressed the Exchange's core value of “Promoting a Fair, Efficient, Ethical and Transparent Stock Market,” and underscored the RMOD's motto of: “Safe Guarding Market Integrity.” The RMOD's accomplishments in 2010 would not have been realized without the oversight and guidance by the Regulatory & Market Oversight Committee (RMOC), which is Chaired by Mr. Livingstone Morrison. The RMOC is comprised of only Independent Directors of JSE's Board. During the year a member of the RMOC transitioned to the other side, and as result there was the appointment of Mrs. Janet Morrison, as the new representative for the Bar Association of Jamaica on JSE's Board. Mrs. Morrison is therefore the new member of the RMOC replacing Miss Lambert.




In closing, it has to be highlighted that RMOD has a team that has camaraderie, skills and talent; and that each member directly contributed to the year's positive performance. On this score it is fitting to express thanks to the team for zeal, tenacity, commitment and professionalism. An expression of appreciation is also worthy for wider management and staff of the Exchange who undertook functional activities to reinforce the relevance and necessity of the RMOC and the Division. And, warm regards have to be extended to all supporting organizations and resource persons, both locally and otherwise, who provided invaluable assistance to the Division in its undertakings. The New Year marks a new chapter for the RMOD as its activities become more representative of its mandate and objectives.

The Regulatory & Market Oversight Division's 2010 Year In Review of JSE's Regulatory Activities (Cont’d)


Stock Market Review for 2010Economic Overview

The year 2010 marked a turning point in the nation's history with the completion of the Jamaica Debt Exchange (JDX) on

February 16, 2010. The success of the government's negotiations with the IMF was conditioned on the success of the

JDX. Shortly after the offer of the JDX expired to the public (on January 26, 2010), the IMF approved a US$1.27 billion 27-

month (expires March 2012) loan facility with the Government of Jamaica on February 4, 2010. The loan facility was

intended to aid the government in its efforts to recover from its massive debt burden, a lagging economy and the impact of

the global recession on the local economy.

In the mean time, the most recent economic data showed that the economy recorded a slower rate of contraction with real

GDP growth of 0.5% during the third quarter of 2010, relative to the same period last year. During the third quarter of 2009,

real GDP had declined by 3.1% relative to the same period in 2008. For the calendar year to September 30, 2010, the

economy declined by 1.3% versus the same period last year. Meanwhile, the central government's account at the end of

December 2010 showed a favourable outturn. The fiscal deficit for the last nine months amounted $55.98 billion or $8.25

billion below projections.

For the calendar year 2010, the JMD appreciated by 4.17% against the benchmark USD to close at JA$85.86:US$1.00.

Over the same period, the rate of inflation stood at 11.7%. From the start of the fiscal year to December 2010 the inflation

rate stood at 7.3% which is within the central bank's target for the fiscal year 2010/2011 of 7.5%-9.5%.

In light of the JDX, the movement in the exchange rate and the outturn in inflation, the average yield on the Government of

Jamaica treasury bills made a downward trajectory throughout the calendar year. Rates on the 91-day and 182-day

instruments moved down from 11.68% and 12.50% in January 2010 to 7.40% and 7.48% in December 2010 respectively.

Meanwhile, the central bank introduced a 28-day T-Bill instrument in May 2010 which started at 9.95% and closed the

year at 7.48%. In addition, the BOJ in January also removed all BOJ CDS with tenors above 30 days.

Indices

Table 1


Stock Market Review for 2010

For the calendar year 2010, all the indices in the regular market recorded an advance except the JSE Cross Listed Index

(See Table 1). The JSE Market Index advanced by 1,898.86 points or 2.28% to close the year at 85,220.82 points.

Meanwhile, the All Jamaican Composite and the JSE Select indices advanced by 9,798.03 points (13.80%) and 296.14

points (15.62%) to close at 80,793.80 points and 2,192.19 points respectively.

The uptick in the three market indices was experienced during the months of February through to April 2010. This may

largely be associated with the JDX in February 2010. During this time interest rates were reduced and payments were

made on maturing bonds. With lower interest rates and additional funds available, investors turned their attention to the

stock market which resulted in the increase in the average stock price and the positive advance to decline ratios seen

between February and April 2010. However, the market indices subsequently declined during the months of May through

to October but still remained above levels seen in 2009. They eventually, experienced an uptick during November and

December 2010 (See Graph 1).

At the end of the year, the JSE Cross Listed index declined by 99.91 points or 10.38% to close at 863.01 points. This was

on account of declines in the share prices of all three companies listed on the index namely, First Caribbean International

Bank Ltd (down 3.33%), Guardian Holdings Ltd (down 26.54%) and Trinidad Cement Ltd (down 26.39%).

Graph 1


(Cont’d.)

Indices statistics for 2010

The JSE Index

The Main JSE Index experienced its largest one month appreciation of 8.74% in March to close at 86,010.60 points.

The Main JSE Index experienced its largest one month decline of 9.79% in January to close at 75,166.03 points.

On January 12, 2010 the JSE Index registered its highest one-day decline of 6.12% to close at 77,703.92 points.

The Main JSE Index recorded its largest one-day appreciation of 2.34% to close at 86,175.24 points on December 3,

2010.

The Main JSE Index recorded its highest value of 88,916.01 points on April 29, 2010.

The Main JSE Index recorded its lowest value of 74,628.78 points on February 3, 2010.

The All Jamaican Composite Index

The All Jamaican Composite Index experienced its largest one month appreciation of 15.68% in March to

close at 82,387.46 points.

The All Jamaican Composite Index experienced its largest one month decline of 9.59% in January to close at 64,190.54

points.

The All Jamaican Composite Index recorded its highest value of 87,732.51 points on April 29, 2010.

The All Jamaican Composite Index recorded its lowest value of 63,317.08 points on February 3, 2010.

The All Jamaican Composite Index recorded its highest one-day appreciation of 3.07% to close at 74,916.44 points on

March 3, 2010.

The All Jamaican Composite Index recorded its largest one-day depreciation of 3.49% on January 14, 2010 to close at

65,109.88 points.

The JSE Select Index

The JSE Select Index experienced its largest one month appreciation of 15.30% in March to close at 2,248.50 points.

The JSE Select Index experienced its largest one month decline of 9.49% in January to close at 1,716.08 points.

The JSE Select Index recorded its highest value of 2,404.04 points on April 29, 2010.

The JSE Select Index recorded its lowest value of 1,684.73 points on January 19, 2010.

The JSE Select Index recorded its largest one-day depreciation of 4.22% on January 12, 2010 to close at 1,783.58

points.


Stock Market Review for 2010(Cont’d.)

The JSE Select Index recorded its largest one-day appreciation of 3.93% to on November 3, 2010 to close at 2,070.62

points.

The JSE Cross Listed Index

The JSE Cross Listed Index recorded its highest value of 962.92 points on January 4, 2010

The JSE Cross Listed Index recorded its lowest value of 846.10 points on June 7, 2010.

The JSE Cross Listed Index recorded its largest one-day depreciation of 93.81 points on January 12, 2010.

The JSE Cross Listed Index recorded its largest one-day appreciation of 38.14 points on December 3, 2010.

Trading activity - Regular Market

Given the positive movement in stock prices for 2010 - particularly prices of companies with a large market capitalization -

market capitalization increased by $19.84 billion to close at $564.72 billion, relative to 2009.

Market volume (including block transactions) amounted to 3,571,199,314 units, up significantly by 102.35% on the

previous year's total of 1,764,893,554 units. Meanwhile, the value of units rose sharply by 70.87% to $20.83 billion

relative to 2009. There were 252 trading days in 2010, one day less than in the previous year. However, the number of

transactions in 2010 increased 14.04% over the previous year to 18,359.

Market volume for 2010 excluding block transactions amounted to 2,641,537,836 units valued at $17.35 billion. This

represents a noticeable 58.92% increase in volume and a significant 50.66% increase in value compared with the

previous year. There were 18,341 ordinary trades during 2010, reflecting a 14.42% increase on trades for the previous

year. During the year 2010, the average daily volume stood at 10,482,293 units compared to 6,569,796 units in 2009.

Meanwhile, the average daily value for 2010 amounted to $68,838,178 versus $45,511,377 for 2009.

In 2010, as it relates to ordinary shares, the month of January saw the greatest level of activity in terms of volume and

value, amounting to 1,468,780,766 units valued at over $3.13 billion. In contrast, the month with the lowest level of

activity in terms of volume was August with 53,342,760 units and the month which recorded the lowest value was

February with $744,308,092.51.

In terms of the number of transactions, the month with the highest number of transactions was March with 2,359

transactions and the month with the lowest number of transactions was January with 1,158 transactions.

Block transactions in 2010 increased significantly by 804.91% over the previous year to 929,661,478 units. Likewise, the

value of units rose considerably by 415.23% to $3.48 billion. However, there were only 18 block trades which were 52

fewer than in 2009.

The volume leaders were Supreme Ventures Limited with 1,463,169,092 units or 55.39% of the total market volume

followed by National Commercial Bank Jamaica Limited with 242,116,309 units (9.17%) and Kingston Wharves Limited

with 139,104,373 units (5.27%).



Meanwhile, the main advancers for 2010 were Berger Paints up 67.50% to close at $2.01, Carreras up 51.54% to close at

$53.07 and The Gleaner Company Limited up 46.55% to close at $1.70. In contrast, the main decliners were Ciboney

Group Limited down 70.00% to close at $0.03, Pulse Investments Limited down 57.72% to close at $2.30 and Pegasus

Hotels of Jamaica Limited down 39.92% to close at $12.01. See Tables 2 and 3 for the main advancers and decliners for

2010.

The year's activity was generated by trading in 49 stocks of which 30 advanced, 16 declined and only 3 traded firm.

The main advancers and decliners for 2010 were:

Table 2

Company Close

Price % Change Company Close

Price % Change

Berger Paints (Jamaica)

Ltd

$2.01

67.5%

Ciboney Group

Ltd

$0.03

(70.00%)

Carreras Ltd

$53.07

51.54%

Pulse Investments

Ltd

$2.30

(57.72%)

Gleaner Company

Ltd

$1.70

46.55%

Pegasus Hotel

Ltd

$12.01

(39.92%)

Hardware & Lumber

Ltd

$4.65

32.86%

Guardian Holdings Ltd

$220.00

(26.54%)

Scotia DBG Investments

Ltd

$22.00

32.37%

Trinidad Cement Ltd

$53.00

(26.39%)

Pan Jamaican Investment Trust

Ltd

$47.01

30.58%

Capital & Credit Financial Group

Ltd

$3.30

(25.17%)

First Jamaica Investments

Ltd

$36.50

30.50%

Montego Freeport

Ltd

$1.43

(24.74%)

Kingston Wharves

Ltd

$4.00

29.87%

Palace Amusement

Co Ltd

$46.00

(23.33%)

GraceKennedy Limited

Ltd

$51.00

25.93%

Caribbean Cement Company

Ltd

$3.07

(23.25%)

Mayberry Investments

Ltd

$2.47

24.12%

Kingston Properties Ltd

$3.90

(22.00%)

Table 3

The JSE Junior Market Index

Since becoming active on October 30, 2009, the JSE Junior market has seen a buzz of activities with additional listings in

2010. These listings resulted in a sharp 153.26% rise in value of the index which closed the year 2010 at 379.92 points.

The Junior Market Index started the year with Access Financial Services being the only listed company then closed the

year with a total of eight listed companies. See table 4 for companies that were listed during the year, the amount raised

from these listings and the closing prices as at December 31, 2010 along with listing prices:

Company

Amount Raised

Listing Price

Closing Price

Dec 31, 2010

% Change

Since listing

Blue Power Group Ltd

$87.90Mill

$3.89

$4.70

20.82%

Cargo Handlers Ltd

$53. 5Mill

$12.50

$13.00

4.00%

Dolphin Cove Ltd

$240Mill

$3.00

$4.51

50.33%

Jamaican Teas Ltd

$98.4Mill

$3.37

$4.00

18.69%

Lasco Distributors Ltd

$160.97Mill

$2.50

$3.50

40.00%

Lasco Financial Services

Ltd

$58.8Mill

$2.50

$2.59

3.60% Lasco Manufacturing Ltd $195.79Mill $2.50 $5.75 130.00%

Table 4

Access Financial Services Limited raised $100 million in 2009 and was listed at a price of $18.34. There was a stock split

in 2010; (for every one share held the shareholder received 10 shares) as a result the value of the stock became $3.45

per share. The stock gained 81.75% in the year 2010 to close at $5.00.



Trading activity Junior Market

Market capitalization in the Junior Market increased noticeably by $7.71 billion to close at $8.47 billion in light of the

additional listings during 2010.

Market volume for 2010 amounted to 46,061,871 units valued at $192.17 million. This reflects a sharp increase

compared to the previous year which recorded 62,248 units valued at $1.53 million. The number of transactions improved

considerably from 14 in 2009 to 1,191 in 2010. There were 252 days of trading in 2010 compared to 44 trading days in

2009. This was because trading activity only occurred during the last three months of 2009.

Market Developments

Four classes of preference shares matured during the year: NCB Capital Markets' 11.75% preference shares matured on January 27, 2010 and were subsequently delisted; Mayberry Investments Limited's 12% preference shares matured on September 25, 2010 and were subsequently delisted;

Barita Investments Limited listed ordinary shares on January 14, 2010 at $2.50 per share – the amount raised from the offer was $93.65 million. Barita Investments Limited also listed two classes of preference shares: Series A Cumulative Redeemable Variable Rate Preference Shares and Series B Convertible Cumulative Variable Rate Preference shares, which raised $299.97 million and $13.62 million, respectively.

As at December 31, 2010, the total number of companies listed on the regular market stood at 43 while the total number of companies listed on the Junior Market stood at 8. There were 38 ordinary shares and 17 preferences listed on the regular market as at December 31, 2010.

In June 2010, Pan Caribbean Financial Services Limited notified owners of the 12.5% cumulative redeemable preference stock units of its intention to repurchase at least 50% of the $1.3 Billion amount in issue through the open market repurchase mechanism. As at December 31, 2010 the total amount of shares outstanding was 3,064,259 units.

An agreement was signed between National Hotel and Properties Limited (NHP), a wholly-owned subsidiary of the Urban Development Corporation (UDC), and hotelier Kevin Hendrickson for the sale of 71,865,384 shares or 59.81% of the shares held by NHP in Pegasus Hotels of Jamaica Limited for the amount of US$11,000,000 (approximately JA$947,639,000).

Jamaica Money Market Brokers Limited's 12.00% and 12.25% preference shares matured on December 14, 2010 and were subsequently delisted.





29

MARKET ACTIVITY - A Five Year History

TRADING VALUE (JA$000's) 2010 2009 2008 2007 2006


BANK OF NOVA SCOTIA +

BARITA INVESTMENTS LTD

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

JAMAICA BROILERS GROUP

JAMAICA MONEY MARKET BROKERS

JAMAICA PRODUCERS GROUP

KINGSTON PROPERTIES LIMITED

KINGSTON WHARVES LIMITED

LASCELLES de MERCADO & Co.

MAYBERRY INVESTMENTS

MONTEGO BAY ICE COMPANY

MONTEGO FREEPORT

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

TOTAL ORDINARY VALUE

1,812

11,784

37,549

40,710

45,427

465,287

193

192,261

118,122

1,654

1,484,028

63,639

1,264,779

4,461

8,493

599,930

256,388

447,168

43,550

380,163

414,387

73,829

5

16,392

4,351,820

10

122,955

1,011,205

18,985

8,525

68,246

507,329

88,703

325,735

1,545,038

214,670

2,915,479

33

17,150,744

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

30


TRADING VALUE (JA$000's) * 2010 2009 2008 2007 2006

(Cont’d.)


FCIB, 30%

SGJ, 12%GHL, 9%

NCBJ, 8%

LAS, 5%

SLJ, 5%

CAR, 5%

GK, 3% TCL, 2% FJI, 2%

Top Ten Companies By Market Capitalization

as at December 31, 2010

FCIB

SGJ

GHL

NCBJ

LAS

SLJ

CAR

GK

TCL

FJI

BANK OF NOVA SCOTIA JA VAR. PREFERENCEBARITA SERIES PREF SHARES A BARITA SERIES PREF SHARES BCABLE & 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%TOTAL PREFERENCE+BOND VALUE

TOTAL VALUEAnnual % Change

+ Delisted

Barita Investments Limited was listed on January 14, 2010

1,4692,823

64845

4,43373,27026,755

2,743

10,98638

73,266196,476

17,347,22050.66%

1,138

0602

1,3456,102

58,42976

0

3,995

5,6526,3457,442

91,126

11,514,378-52.77%

1,699

4884

4,8525,119

150,887444

3944

56936

79,11948,98619,852

312,471

24,379,455-16.07%

12,712

-5

738

----

-13,69426,378

53,527

29,047,423-21.58%

-8

1,220

-2217

-

-

13,663

14,930

37,040,986-9.09%

31


TRADING VOLUME (000's) 2010 2009 2008 2007 2006


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

JAMAICA BROILERS GROUP



KINGSTON PROPERTIES LIMITED

KINGSTON WHARVES LIMITED

LASCELLES deMERCADO & CO


MONTEGO BAY ICE COMPANY

MONTEGO FREEPORT

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

TOTAL ORDINARY VOLUME

745

5,210

99,198

10,935

11,006

9,891

4,008

43,139

1,023

125

41,079

46,256

21,574

25

1,843

91,390

63,433

19,135

10,687

139,104

1,432

30,425

8,443

242,116

6,961

21,620

1,239

1,699

24,612

75,649

6,935

15,396

69,713

9,406

1,463,169

2,598,621

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

32

MARKET ACTIVITY - A Five Year History(Cont’d.)

TRADING VOLUME (000's) 2010 2009 2008 2007 2006


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%

TOTAL PREFERENCE VOLUME

TOTAL VOLUMEAnnual % Change

+ Delisted


1,175919

0460

1,56124,962

8,37325

01,375

03,688

14364

42,916

2,641,53758.92%

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

5,639,411125.75%

To be held at The Jamaica Pegasus Hotel

on Wednesday, December 7, 2011.

Best Practices

Awards 2010

33

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34

MONTH-END STOCK PRICE 2010

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

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


SALADA FOODS JA.



SEPROD LIMITED

SUPREME VENTURES LTD.

TRINIDAD CEMENT LIMITED

2.90

1.70

0.37

3.95

3.76

35.14

0.10

4.00

117.50

13.10

25.05

1.24

40.29

175.00

3.50

4.88

4.00

21.02

4.25

2.75

225.15

1.76

1.36

15.67

13.34

60.00

15.80

35.50

14.07

5.44

2.20

6.06

14.00

16.55

16.21

17.00

2.00

72.00

2.81

2.00

0.38

3.43

4.26

41.60

0.07

4.10

117.45

13.10

31.25

1.29

45.55

175.00

3.50

5.53

3.95

19.95

4.00

3.00

220.00

1.85

1.41

15.67

15.02

60.00

15.00

39.51

15.50

5.19

2.37

5.66

14.00

23.99

20.12

20.52

2.17

62.00

2.66

2.68

0.44

4.00

5.01

48.50

0.05

4.61

117.65

13.16

35.00

1.60

65.86

175.00

4.95

6.60

4.00

25.75

4.00

3.98

251.00

2.80

1.71

15.67

16.51

60.00

19.00

44.36

15.00

5.00

3.15

6.51

11.50

22.50

22.90

26.00

2.70

62.00

2.65

2.77

0.46

3.96

5.21

50.09

0.05

5.06

117.49

13.30

38.25

1.35

68.00

175.00

5.00

6.73

4.06

23.09

4.20

4.01

300.00

2.71

2.20

15.67

18.88

52.00

19.90

46.50

20.00

4.98

3.20

6.66

12.00

22.24

23.71

24.50

2.55

53.00

2.65

2.90

0.46

3.65

4.80

50.00

0.05

4.70

118.00

13.38

39.73

1.38

65.47

175.01

5.00

7.00

4.20

20.02

4.20

4.01

300.00

2.89

2.02

15.67

18.00

52.00

17.99

48.00

17.51

4.98

3.10

6.63

10.01

20.20

21.01

21.55

2.71

53.00

35


June July August September October November December

(Cont’d.)


2.29

2.77

0.39

3.49

4.46

47.77

0.05

4.70

117.00

13.26

38.01

1.40

60.00

220.00

5.00

7.05

4.01

20.52

4.20

4.02

300.00

2.01

1.65

15.67

17.52

52.00

18.00

49.00

16.00

4.98

3.16

6.95

10.75

20.51

21.01

23.00

2.55

53.00

2.05

3.00

0.35

3.30

4.35

48.66

0.05

4.56

116.00

13.30

36.50

1.50

58.00

220.00

5.00

6.81

4.01

21.00

4.20

4.10

280.00

2.14

2.44

15.67

18.50

52.00

18.00

47.77

16.00

3.00

2.92

6.89

10.67

20.18

21.61

21.05

2.31

53.00

2.00

2.01

0.39

3.00

4.32

49.10

0.05

4.59

113.00

13.30

37.50

1.61

57.15

220.00

5.00

6.68

4.10

21.00

4.20

4.50

229.73

2.01

1.71

15.67

19.47

52.00

17.26

46.00

16.50

3.00

2.74

6.85

9.67

20.00

21.52

21.08

2.32

53.00

2.00

2.50

0.36

3.20

3.99

50.18

0.05

4.03

114.00

13.28

36.25

1.45

52.90

220.00

4.65

5.64

4.00

21.00

3.90

4.01

300.00

2.08

1.76

16.00

17.51

52.00

16.06

46.03

15.15

3.10

2.51

6.66

10.01

19.51

20.90

21.10

1.94

53.00

2.00

2.03

0.35

3.29

3.04

51.55

0.05

3.50

114.00

13.28

37.00

1.44

50.07

220.00

4.65

6.00

3.80

21.00

3.90

4.00

300.00

2.30

1.60

16.00

18.09

52.00

15.90

46.83

12.00

3.02

2.50

6.52

10.01

20.23

20.53

21.23

2.20

53.00

1.99

2.02

0.32

3.19

3.08

50.35

0.02

3.46

114.00

13.28

36.65

1.31

51.25

220.00

5.03

6.02

3.95

21.03

3.90

3.99

304.00

2.39

1.45

16.00

19.01

46.00

16.77

47.01

14.00

2.50

2.19

6.61

8.50

21.00

21.94

21.10

2.17

53.00

1.99

2.01

0.33

3.30

3.07

53.07

0.03

3.59

114.01

13.19

36.50

1.70

51.00

220.00

4.65

6.01

4.00

20.25

3.90

4.00

305.00

2.47

1.43

16.00

19.32

46.00

19.49

47.01

12.01

2.30

2.30

7.24

13.00

22.00

21.13

21.00

2.17

53.00

36



Preference Shares(Cont’d.)


Bank of Nova Scotia

BARITA INVEST SERIES A

BARITA INVEST SERIES B

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

1.26

3.00

3.00

0.50

0.53

1.26

2.40

2.65

3.00

2.63

0.36

0.35

0.40

0.39

2.01

20.00

25.01

2.90

199.81

1.36

3.90

3.00

0.50

0.53

1.27

2.40

2.55

3.20

2.95

0.36

0.35

0.40

0.39

2.02

20.00

25.01

2.90

200.00

1.40

3.90

3.00

0.50

0.53

1.40

1.50

3.00

3.20

2.93

0.36

0.35

0.40

0.39

2.10

20.00

25.01

2.88

200.00

1.27

3.90

3.00

0.50

0.53

1.60

1.50

2.70

3.20

2.90

0.36

0.35

0.40

0.39

2.15

20.00

25.01

3.00

200.00

1.28

3.89

3.00

0.50

0.53

1.63

1.50

2.70

3.20

2.93

0.36

0.35

0.40

0.39

2.15

20.00

25.01

2.93

200.00

Barita Investments Limited was listed on January 14, 2010NCB Capital Markets Limited was delisted on January 27, 2010Mayberry Investments Limited was delisted on September 25, 2010JMMB 12% and JMMB 12.25% Preference Shares were delisted on December 14, 2010

37


June July August September October November December

(Cont’d.)


1.21

3.80

3.00

0.50

0.53

1.64

1.50

2.72

3.20

2.98

0.36

0.35

0.40

0.39

2.17

20.00

25.01

3.00

200.00

1.22

3.80

3.00

0.50

0.53

1.66

1.50

2.74

3.20

2.91

0.36

0.35

0.40

0.39

2.17

20.00

25.01

2.88

202.88

1.17

3.80

3.00

0.50

0.53

1.68

1.50

2.74

3.20

2.93

0.36

0.35

0.40

0.39

2.16

20.00

25.01

2.88

203.63

1.19

3.80

3.00

0.50

0.53

1.68

1.50

2.74

3.20

2.90

0.36

0.35

0.40

0.39

1.84

20.00

25.01

203.63

1.20

3.80

3.00

0.50

0.53

2.00

1.55

3.00

3.20

2.95

0.36

0.35

0.40

0.39

1.81

20.00

25.01

200.50

1.20

3.80

3.00

0.50

0.53

2.00

2.30

3.00

3.20

2.95

0.36

0.35

0.40

0.39

1.66

20.00

25.01

200.50

1.33

3.04

3.00

0.50

0.53

2.00

2.30

3.20

0.36

0.35

0.40

0.39

1.66

20.00

25.01

200.50



Best Practices

Awards 2010

38

2010 Sale Price BID ASK

Last 2009Sale Price BID ASK




Last

Year-End Closing Stock Price Quotation

ORDINARY SHARES


BANK OF NOVA SCOTIA*

BARITA INVESTMENTS

BERGER PAINTS

CABLE & WIRELESS (JAMAICA) LTD. +


CAPITAL AND CREDIT MERCHANT BANK*


CARRERAS LIMITED

CIBONEY GROUP

CMP INDUSTRIES*

COURTS JAMAICA *

DESNOES & GEDDES

DYOLL GROUP*

FIRST CARIBBEAN INTERNATIONAL BK

FIRST CARIBBEAN INTERNATIONAL BK JA

FIRST JAMAICA INVESTMENT

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.

1.99

2.01

0.33

3.30

3.07

53.07

0.03

3.59

114.01

13.19

36.50

1.70

51.00

220.00

4.65

6.01

4.00

20.25

3.90

4.00

305.00

2.47

1.43

16.00

19.32

46.00

19.49

47.01

12.01

2.30

2.30

7.24

13.00

22.00

21.13

21.00

2.17

53.00

2.02

0.32

2.91

3.00

53.00

0.03

3.40

36.00

1.65

50.40

2.30

5.90

3.90

20.00

3.91

3.51

270.00

2.31

1.40

13.00

18.50

45.00

17.08

47.00

12.00

1.00

2.30

6.82

13.05

21.00

21.10

21.01

2.10

1.99

3.00

0.34

3.30

3.07

54.00

0.10

3.60

120.00

13.19

38.00

1.79

52.00

300.00

4.90

6.01

4.00

22.88

4.00

300.00

2.49

1.80

16.00

19.35

60.00

19.50

48.00

15.00

2.40

3.00

7.90

13.20

23.00

21.25

23.00

2.17

86.00

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

250.00

7.02

15.50

16.62

19.57

18.00

2.01

72.00

1.20

0.39

2.81

3.72

35.00

0.05

3.36

13.50

26.50

1.16

40.03

210.00

3.50

4.97

4.00

23.00

4.00

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

37.50

0.10

3.70

118.90

21.00

30.75

1.29

40.50

225.00

4.99

5.00

26.00

5.00

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

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

4.65

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

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

4.05

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

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

6.01

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

39

Last Sale Price BID ASK

2010 Last Sale Price BID ASK




2006

Year-End Closing Stock Price Quotation

PREFERENCE SHARES(Cont’d.)


BANK OF NOVA SCOTIA JA VARIABLE PREF.BARITA INVESTMENTS SERIES ABARITA INVESTMENTS SERIES BCABLE & 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

1.333.043.000.500.532.002.303.002.953.200.360.350.400.391.66

20.0025.01

2.882.17

200.500

3.00

0.53

0.55

3.200.360.350.410.391.66

2.71220

1.333.80

2.00

3.30

3.50

1.12

0.500.531.552.402.272.533.120.360.350.400.392.00

20.0025.01

2.802.70

199.000.00

1.11

0.000.531.250.552.262.520.000.360.350.400.391.950.000.002.822.70

0.00

1.30

0.000.001.550.002.803.003.110.000.000.000.002.200.000.003.083.50

196.000.00

1.02

0.500.501.802.552.162.203.150.360.350.400.392.10

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

1.55

0.500.50

4.35

0.360.350.400.40

20.0010.00

3.103.00

0.00

1.53

0.000.00

3.50

0.360.350.400.39

4500.0025.00

3.022.86

0.00

1.55

0.000.00

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

*Delisted Barita Investments Limited was listed on January 14, 2010



Last 2009 Sale Price BID ASK




US$ DENOMINATED SECURITIES

Year-End Corporate Bond Quotation

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

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

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.)

41

ANNUAL HIGH AND LOW STOCK PRICES

ORDINARY SHARES2010

HIGH LOW2009

HIGH LOW2008

HIGH LOW2007

HIGH LOW2006

HIGH LOW


Bank of Nova Scotia (Ja.) Ltd.*Barita InvestmentsBerger Paints (Ja.) Ltd.Cable & Wireless (Ja.) Ltd.Capital & Credit Financial Group LtdCapital & Credit Merchant Bank*Caribbean Cement Co. Ltd.Carreras Group Ltd.Ciboney Group Ltd.Desnoes & Geddes Ltd.First Caribbean InternationalFirst Caribbean International JamaicaFirst 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 Properties LimitedKingston 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 Corporation *Sagicor Life Jamaica LimitedSalada Foods Ltd.Scotia DBG InvestmentsScotia Group Jamaica Ltd.Seprod Group Ltd.Supreme Ventures Ltd.Trinidad Cement Ltd.

2.903.200.504.50

7.0055.00

0.105.25

121.0013.5040.00

1.70

69.00220.00

5.057.504.40

25.995.005.75

325.003.002.61

16.0021.0052.0020.4550.0020.00

5.193.50

7.4014.0024.0025.5027.00

2.9062.00

1.991.200.292.70

2.7534.56

0.023.10

113.0013.0025.05

1.16

38.00175.00

4.004.503.40

17.003.802.50

220.001.751.36

16.0013.0246.0014.0033.0012.00

2.302.01

5.517.50

16.0016.0117.00

1.8053.00

2.050.655.00

5.0052.00

0.104.50

122.0020.0030.00

1.84

51.05320.00

9.015.207.33

26.006.704.80

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

3.2035.00

0.033.31

116.0012.5019.00

1.10

36.00100.00

3.503.103.90

12.003.991.90

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

12.2510.9991.99

0.068.10

160.0028.0043.20

4.305.99

95.00360.00

20.007.30

16.1040.00

6.018.00

610.005.153.50

20.2224.9561.0024.0059.9522.50

8.004.25

248.009.10

150.0031.0029.9021.00

4.00115.00

2.000.404.009.063.50

35.000.013.99

100.0020.5124.00

1.503.00

43.00250.00

10.003.006.00

15.204.054.70

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

27.89

4.301.12

16.9811.0074.00

0.079.80

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

23.01

2.900.58

9.008.09

48.010.015.65

110.0017.5028.00

1.334.90

53.01207.00

13.003.609.00

22.10

7.07225.00

2.121.507.00

19.5231.0017.0039.01

9.802.002.75

6.6028.5018.0519.5112.00

1.5166.00

27.50

4.201.48

22.0010.0055.00

0.1110.40

135.0026.0041.02

2.6513.5089.00

360.0019.00

5.3018.2046.00

9.00299.99

4.392.50

11.5025.0031.4527.5058.2015.00

2.365.75

10.0044.0028.89

18.354.08

100.00

17.05

2.600.62

10.003.70

33.500.037.01

106.0015.0028.00

1.687.06

50.00190.00

12.002.509.45

28.01

4.85170.08

1.651.306.51

13.8231.4513.5035.00

8.502.303.85

6.3110.0014.51

11.101.55

65.25

42

ANNUAL HIGH AND LOW STOCK PRICES

2010HIGH LOW

2009HIGH LOW

2008HIGH LOW

2007HIGH LOW

2006HIGH LOW

PREFERENCE SHARES

2010HIGH LOW

2009HIGH LOW

2008HIGH LOW

2007HIGH LOW

2006HIGH 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

(Cont’d.)


Bank of Nova Scotia Variable Pref.Barita Invest Ltd Series ABarita Invest Ltd Series BC & 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%

1.503.90

2.002.303.053.003.25

2.17

3.002.75

203.63

1.103.00

1.251.502.412.533.00

1.65

2.852.71

195.00

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

1.70

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

1.90

0.500.52

4.35

0.360.350.400.40

--

3.103.23

1.00

0.500.50

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

* Ordinary shares delisted, preference shares listed** Preference shares delisted


43

STOCK MARKET DATA

JANUARYFEBRUARYMARCHAPRILMAYJUNEJULYAUGUSTSEPTEMBEROCTOBERNOVEMBERDECEMBERYEAR

ANNUALCHANGE

* Including block transactions

MONTHLY TRADING VALUE (JA$000's)*


* Including block transactions

ANNUAL CHANGE

2010 2009 2008 2007 2006

2010 2009 2008 2007 2006

MONTHLY TRADING VOLUME (000's) units*


1,468,78164,203

249,143127,488171,530

61,14667,17053,34383,381

133,235132,737959,042

3,571,199

102.35%

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%

3,131,073744,308

2,042,8541,084,2242,745,998

799,321920,509864,238756,131

2,115,9221,751,2643,872,810

20,828,652

70.87%

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%

44

STOCK MARKET DATA

2010 2009 2008 2007 2006MONTH

JANUARYFEBRUARYMARCHAPRILMAYJUNEJULYAUGUSTSEPTEMBEROCTOBERNOVEMBERDECEMBER


MONTHLY TRADING HIGHLIGHTS, 2010 *

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 ENDCHANGE

JSE STOCK MARKET INDEX

(Cont’d.)


75,166.0379,094.7586,010.6088,332.2486,011.5886,333.6285,849.8884,593.0983,613.0883,352.1484,466.5085,220.82

2.28%

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%

201923202022222022202222

252

1,1581,2182,3591,7901,8311,5551,4691,4341,4471,2391,4661,393

18,359

5864

103909271677266626763

872

73,4393,379

10,8326,3748,5772,7793,0532,6673,7906,6626,034

43,59314,171

156,55439,17488,82054,211

137,30036,33341,84143,21234,370

105,79679,603

176,03782,653

83,386.1879,782.5986,150.2088,916.0188,787.3788,666.1387,804.4586,831.0086,540.8484,180.6384,962.1786,175.24

75,014.3874,628.7879,633.0285,673.1486,011.5886,044.8284,785.4684,105.9283,613.0882,583.2983,470.0783,217.84

75,166.0379,094.7586,010.6088,332.2486,011.5886,333.6285,849.8884,593.0983,613.0883,352.1484,466.5085,220.82

45

STOCK MARKET DATA

Market Value

Company JA$(000)

Company JA 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, 2010

Market Volume

(Cont’d.)





NATIONAL COMMERCIAL BANK JAMAICA LTD.

LASCELLES DEMERCADO & CO.


CARRERAS LIMITED

GRACEKENNEDY LTD.



SEPROD LIMITED

PAN CARIBBEAN FINANCIAL SERVICES LTD

DESNOES & GEDDES

SCOTIA DBG INVESTMENTS LTD.

PAN-JAMAICAN INVESTMENT

JA. BROILERS GROUP

JAMAICA MONEY MARKET BROKERS LTD



KINGSTON WHARVES

173,880,291

65,747,537

51,017,996

47,657,857

29,280,000

27,229,580

25,762,300

16,917,237

13,237,552

11,077,750

10,844,356

10,710,459

10,084,924

9,310,284

8,157,884

7,207,651

5,853,547

5,722,843

5,549,755

4,290,598

National Commercial Bank Jamaica Ltd.Supreme Ventures LimitedScotia Group Jamaica LimitedFirst Jamaica Investments LimitedGracekennedy Ltd.Pan Jamaican Investment Trust Co. Ltd.Jamaica Broilers GroupSagicor Life Jamaica LimitedCarreras Group Ltd.Jamaica Producers Group Ltd.Lascelles Demercado & Co. Ltd.Kingston WharvesScotia DBG Investments LtdJamaica Money Market Brokers LtdSeprod LimitedDesnoes & Geddes LtdPan Caribbean Financial Services LtdFirst Caribbean International BankSalada Foods Jamaica Ltd.Mayberry Investments Limited

4,351,820.242,915,479.421,545,038.281,484,027.741,264,779.141,011,205.20

599,929.62507,328.77465,286.85447,168.26414,387.20380,163.08325,735.25256,387.62214,669.87192,260.90122,955.05118,121.8788,703.4173,828.51

Supreme Ventures LimitedNational Commercial Bank Jamaica Ltd.Kingston WharvesCable & Wireless (Jamaica) Ltd.Jamaica Broilers GroupSagicor Life Jamaica LimitedScotia Group Jamaica LimitedJamaica Money Market Brokers LtdGleaner Company Ltd.Desnoes & Geddes LtdFirst Jamaica Investments LimitedMayberry Investments Limited

Radio Jamaica Ltd.Pan Jamaican Investment Trust Co. Ltd.Gracekennedy Ltd.Jamaica Producers Group Ltd.Scotia DBG Investments LtdCaribbean Cement Company Ltd.Capital & Credit Financial Group Limited

1,463,169,092242,116,309139,104,373

99,198,34291,390,85375,648,56769,712,71363,432,77946,256,04943,138,86041,079,46430,425,05624,961,84224,611,90321,620,55621,573,06119,135,36315,396,27711,005,98010,934,698

Jamaica Money Market Brokers Ltd 12.25%

46

TOP TEN COMPANIES BY TRADED VOLUME

(Block Transactions Included)

TOP TEN COMPANIES BY TRADED VALUE

(Block Transactions Included)


National Commercial Bank Jamaica Ltd., 25%

Supreme Ventures Limited, 17%

Scotia Group Jamaica Limited, 9%

First Jamaica Investments Limited, 9%

Gracekennedy Ltd., 7%

Pan Jamaican Investment Trust Co. Ltd., 6%

Jamaica Broilers Group, 3%

Sagicor Life Jamaica Limited, 3%

Carreras Group Ltd., 3%

Jamaica Producers Group Ltd., 3%

55%9%

5%

4%

3%3%

3%2% 2% 2%

Supreme Ventures Limited

National Commercial Bank Jamaica Ltd.

Kingston Wharves

Cable & Wireless (Jamaica) Ltd.

Jamaica Broilers Group

Sagicor Life Jamaica Limited

Scotia Group Jamaica Limited

Jamaica Money Market Brokers Ltd

Gleaner Company Ltd.

Desnoes & Geddes Ltd

47

STOCK MARKET DATA

JANUARYFEBRUARYMARCHAPRILMAYJUNEJULYAUGUSTSEPTEMBEROCTOBERNOVEMBERDECEMBER

YEAR

NO. OF Volume ValueMonth

Transactions (000's) Units Ja$(000's) Volume Value

% of Overall Market:-

Block Transactions (2010)

Twenty Most Active Stocks for 2010 *

Company No. of Transactions

* Includes Block Transactions

(Cont’d.)


SCOTIA GROUP JAMAICANATIONAL COMMERCIAL BANK LTD.JAMAICA BROILERS GROUPSAGICOR LIFE JAMAICAGRACEKENNEDY LTDCARRERAS LIMITEDJAMAICA MONEY MARKET BROKERSCABLE & WIRELESS (JAMAICA)MAYBERRY INVESTMENTS LIMITEDSCOTIA DBG INVESTMENTSCARIBBEAN CEMENT COMPANYPAN JAMAICAN INVESTMENT TRUSTDESNOES & GEDDESRADIO JAMAICASUPREME VENTURES LTD.KINGSTON WHARVES CAPITAL & CREDIT FINANCIAL GROUPPAN CARIBBEAN FINANCIAL SERVICESGLEANER COMPANYJAMAICA PRODUCERS GROUP

2,7502,1961,7241,3711,121

822613592592560454443422410379373326317316305

000006105213

00000

52700

7221,902

71,865854,645

00000

20537

0246666

955,8102,524,468

0.00%0.00%0.00%0.00%0.00%0.86%0.00%0.00%0.87%1.43%

54.14%89.11%

0.00%0.00%0.00%0.00%0.00%0.03%0.00%0.00%0.03%0.03%

54.58%65.18%

18 929,661 3,481,431 26.03% 16.71%

48

DIVIDEND SUMMARY

2010 2009 2008 2007 2006$ 000 $ 000 $ 000 $ 000 $ 000Ordinary (Ja. $000’s)

Total Dividend Payout

Percentage Change (%)

*

* FirstCaribbean Int'l Bank Ltd.

# Guardian Holdings

# Trinidad Cement Ltd


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

4,180,087

--

86,778-

3,398,080702,293

-392,964

79,937445,007

-239,855

4,299175,606

42,2430

128,717528,162

96,092-

596,8494,676,398

-603,921246,677

42,059-

17,5991,617,226

31,144558,616

4,605,135387,299369,216

3,863,94620,361

--

89,660-

7,912,672983,208106,303332,508

62,768378,838

-131,921

4,305336,579

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 -

23,568,632

-11.17%

26,532,770

32.18%

20,073,888

-1.29%

20,336,079

54.53%

13,159,891

21.92%

89,857 0.78%

105,898 9.34%

325 -71.69%

89,161 -4.73%

96,848 -26.24%

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%

# Dividend quoted in Trinidad & Tobago Dollars (TT$) * Dividend quoted in United States Dollars ($US)

49

Stock Bonus, Splits & New Listings

2010 2009 2008 2007 2006COMPANY


Access Financial ServicesBarita Investments Berger PaintsCable & Wireless Jamaica LtdCaribbean Cement CompanyCapital & Credit Financial GroupCarreras LimitedCiboney Group LimitedDesnoes & GeddesGleaner CompanyGraceKennedy LimitedGuardian Holdings LtdJamaica Broilers GroupJamaica Producers GroupJamaica Money Market BrokersKingston Properties LimitedKingston Wharves LtdLascelles deMercado & CoMayberry InvestmentsMayberry Investments Limited 12%Montego Bay Ice CompanyMontego FreeportNCB Capital Markets 11.75%National Commercial Bank Jamaica LtdPan Caribbean Financial ServicesPan-Jamaican Investment TrustPegasus Hotels of JamaicaPulse Investments LimitedRadio JamaicaSagicor Life JamaicaSalada Foods JamaicaSeprod LimitedScotia DBG Investments LimitedScotia Group Jamaica Supreme Ventures LimitedTrinidad Cement Ltd

1 For 10New

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

New

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

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

New--------------

1 For 10-----

---

New---------

---

New--

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

New--

---

---------

---

--

New----

New-----

New-

50

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

CORPORATE DATA

Due DateAudited for



BERGER PAINTS LTD




CARRERAS LIMITED

CIBONEY GROUP LTD

DESNOES & GEDDES


FIRST CARIBBEAN INTERNATIONAL BANK


GLEANER COMPANY

GRACEKENNEDY LTD.


HARDWARE & LUMBER

JA. BROILERS GROUP

JAMAICA MONEY MARKET BROKERS LTD

JA. PRODUCERS GROUP


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



TOTAL

445,001,824

214,322,393

16,817,439,741

927,565,945

851,136,591

485,440,000

546,000,000

2,809,171,264

1,525,131,934

265,756,730

303,500,000

1,211,243,827

331,710,547

231,899,986

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

549,536,153

173,535,078

120,165,973

271,789,674

357,476,991

3,760,991,782

103,883,290

423,194,765

3,111,572,984

516,397,918

2,637,254,926

249,765,136

47,647,440,660

1.99

2.01

0.33

3.30

3.07

53.07

0.03

3.59

114.01

13.19

36.50

1.70

51.00

220.00

4.65

6.01

4.00

20.25

3.90

4.00

305.00

2.47

1.43

16.00

19.32

46.00

19.49

47.01

12.01

2.30

2.30

7.24

13.00

22.00

21.13

21.00

2.17

53.00

30-Sept.

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.

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.

885,553,630

430,788,010

5,549,755,115

3,060,967,619

2,612,989,334

25,762,300,800

16,380,000

10,084,924,838

173,880,291,795

3,505,331,269

11,077,750,000

2,059,114,506

16,917,237,897

51,017,996,920

375,915,407

7,207,651,164

5,853,547,008

3,787,236,122

268,320,398

4,290,598,312

29,280,000,000

2,966,838,749

805,183,937

98,584,160

47,657,857,837

66,103,288

10,710,459,622

8,157,884,017

1,443,193,336

625,116,250

822,197,079

27,229,580,502

1,350,482,770

9,310,284,830

65,747,537,152

10,844,356,278

5,722,843,189

13,237,552,208

564,720,705,345

51

Top Twenty Companies

Turnover (Sales)

Pre-Tax Profits

COMPANY Profit Before Tax2010 2009 Change %

COMPANY Turnover2010 2009 Change %


GraceKennedy LimitedNational Commercial Bank Jamaica Ltd.Scotia Group Jamaica Ltd.Bank of Nova Scotia Jamaica Ltd. Lascelles deMercado & Co. Limited Sagicor Life JamaicaSupreme Ventures Ltd.Jamaica Broilers GroupCable & Wireless (Jamaica) Ltd.Jamaica Money Market BrokersDesnoes & Geddes Limited Carreras LimitedSeprod LimitedCaribbean Cement CompanyPan Caribbean Financial ServicesJamaica Producers GroupHardware & Lumber LtdFirstCaribbean International Bank (Jamaica)Capital & Credit Merchant BankGleaner Company

55,318,408 41,963,868 40,584,946 33,648,953 25,974,722 25,657,022 25,419,264 22,446,902 16,942,218 14,695,243 13,332,436 10,410,178 9,776,563 7,929,783 6,990,632 5,906,243 5,728,987 5,346,982 4,241,080 3,187,725

57,406,41543,721,71547,160,70337,335,83024,912,33927,872,52628,167,96024,623,31516,370,13815,969,62313,447,88910,923,530

9,495,0608,869,2608,871,5296,259,0335,940,5996,276,7556,059,0483,274,179

-3.64%-4.02%

-13.94%-9.87%4.26%

-7.95%-9.76%-8.84%3.49%

-7.98%-0.86%-4.70%2.96%

-10.59%-21.20%

-5.64%-3.56%

-14.81%-30.00%

-2.64%

Scotia Group Jamaica Ltd.National Commercial Bank Jamaica Ltd.Bank of Nova Scotia Jamaica Ltd. Sagicor Life JamaicaCarreras LimitedLascelles deMercado & Co. Limited GraceKennedy LimitedScotia DBG Investments Ltd.Pan Caribbean Financial ServicesFirst Jamaica InvestmentsPan-Jamaican Investment TrustJamaica Broilers GroupDesnoes & Geddes Limited Seprod LimitedJamaica Money Market BrokersKingston Wharves Supreme Ventures Ltd.Gleaner CompanyCapital & Credit Merchant BankFirstCaribbean International Bank (Jamaica)

14,417,094 13,488,113 12,191,068

5,473,101 4,494,485 3,588,965 3,259,648 2,444,556 1,975,188 1,829,227 1,823,666 1,597,237 1,182,374 1,170,927 1,028,312

887,281 705,588 620,535 555,221 521,952

15,379,659 13,133,635 12,970,595

5,496,361 6,076,896 2,866,144 3,653,867 2,584,256 1,959,266 2,120,145 2,115,020 1,003,727 2,211,441 2,185,901 1,544,528

196,035 1,265,884

1,822 347,762

1,307,287

(6.26%)2.70%

(6.01%)(0.42%)

(26.04%)25.22%

(10.79%)(5.41%)

0.81% (13.72%)(13.78%)

59.13% (46.53%)(46.43%)(33.42%)352.61% (44.26%)

33,957.90%59.66%

(60.07%)

52

Top Twenty Companies

After-Tax Profits

COMPANY Profit After Tax2010 2009 Change %

(Cont’d.)

Monthly Transactions2010/2009

No

. o

f Tra

ns

ac

tio

ns


National Commercial Bank Jamaica Ltd.Scotia Group Jamaica Ltd.Bank of Nova Scotia Jamaica Ltd. Sagicor Life JamaicaLascelles deMercado & Co. Limited Carreras LimitedGraceKennedy LimitedFirst Jamaica InvestmentsPan Caribbean Financial ServicesScotia DBG Investments Ltd.Jamaica Broilers GroupPan-Jamaican Investment TrustJamaica Money Market BrokersSeprod LimitedDesnoes & Geddes Limited Kingston Wharves Gleaner CompanySupreme Ventures Ltd.FirstCaribbean International Bank (Jamaica)Capital & Credit Merchant Bank

11,074,79810,701,767

9,432,9504,871,4673,114,1893,001,8752,396,2561,662,9801,524,0411,487,3481,312,8011,244,498

986,378830,263789,398611,610430,699 421,267358,664335,680

10,248,18511,605,4599,651,7814,885,5652,559,0244,093,9112,722,8231,940,4941,477,8442,128,870

828,0631,395,6771,102,6221,485,9371,551,323

155,080208,180 751,202886,658334,107

8.07% (7.79%)(2.27%)(0.29%)21.69%

(26.67%)(11.99%)(14.30%)

3.13% (30.13%)

58.54% (10.83%)(10.54%)(44.13%)(49.11%)294.38% 106.89%(43.92%)(59.55%)

0.47%

1,000

1,500

2,000

2,500

3,000

3,500

4,000

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

Month

2009

2010

53

Corporate Profit Profile

Turnover Profit Before Tax Profit After Tax2010 2009 Change % 2010 2009 Change % 2010 2009 Change %COMPANY


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

Access Financial Services Ltd.

Bank of Nova Scotia Jamaica Ltd.

Blue Power Group Limited

Cable & Wireless (Jamaica) Ltd.

Capital & Credit Financial Group

Capital & Credit Merchant Bank


Carreras Limited

Cargo Handlers Limited

Ciboney Group Limited

Desnoes & Geddes Limited

Dolphin Cove Limited

FirstCaribbean International Bank (Jamaica)

First Jamaica Investments

Gleaner Company

GraceKennedy Limited

Hardware & Lumber Ltd


Jamaica Livestock Association

Jamaica Money Market Brokers

Jamaica Producers Group

Jamaican Teas Limited

Kingston Wharves

Lascelles deMercado & Co. Limited

Mayberry Investments Ltd.

Montego Bay Freeport

Montego Bay Ice Co. Limited

National Commercial Bank Jamaica Ltd.

Palace Amusement Ltd

Pan Caribbean Financial Services

Pan-Jamaican Investment Trust

Pegasus Hotels of Jamaica

Pulse Investments Limited

Radio Jamaica Ltd

Sagicor Life Jamaica

Salada Foods Jamaica Limited

Scotia DBG Investments Ltd.

Scotia Group Jamaica Ltd.

Seprod Limited

Supreme Ventures Ltd.

Total

FirstCaribbean International Bank *

Guardian Holdings Ltd. +

Trinidad Cement Limited +

382,869

33,648,953

696,456

16,942,218

2,826,333

4,241,080

7,929,783

10,410,178

165,208

0

13,332,436

879,639

5,346,982

1,455,570

3,187,725

55,318,408

5,728,987

22,446,902

752,619

14,695,243

5,906,243

451,512

3,025,883

25,974,722

2,121,896

168,438

33,618

41,963,868

675,638

6,990,632

1,492,945

965,977

1,586,281

1,995,765

25,657,022

426,375

2,408,850

40,584,946

9,776,563

25,419,264

397,631,158

691,648

5,522,000

1,561,084

299,284

37,335,830

647,744

16,370,138

4,161,653

6,059,048

8,869,260

10,923,530

173,697

0

13,447,889

832,639

6,276,755

1,635,592

3,274,179

57,406,415

5,940,599

24,623,315

904,493

15,969,623

6,259,033

320,131

2,570,325

24,912,339

2,283,893

423,858

33,782

43,721,715

528,906

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

427,603,285

749,549

4,609,000

1,740,461

27.93%

(9.87%)

7.52%

3.49%

(32.09%)

(30.00%)

(10.59%)

(4.70%)

(4.89%)

0.00%

(0.86%)

5.64%

(14.81%)

(11.01%)

(2.64%)

(3.64%)

(3.56%)

(8.84%)

(16.79%)

(7.98%)

(5.64%)

41.04%

17.72%

4.26%

(7.09%)

(60.26%)

(0.49%)

(4.02%)

27.74%

(21.20%)

(14.00%)

(3.67%)

2.03%

24.23%

(7.95%)

(1.40%)

(36.55%)

(13.94%)

2.96%

(9.76%)

(7.01%)

(7.72%)

19.81%

(10.31%)

147,206

12,191,068

43,586

(5,670,624)

483,872

555,221

(2,242,360)

4,494,485

1,933

7,945

1,182,374

106,778

521,952

1,829,227

620,535

3,259,648

24,175

1,597,237

(117,538)

1,028,312

389,465

68,626

887,281

3,588,965

176,256

107,513

(2,317)

13,488,113

13,843

1,975,188

1,823,666

23,094

170,941

390,966

5,473,101

123,086

2,444,556

14,417,094

1,170,927

705,588

67,353,778

157,432

573,914

(48,549)

84,750

12,970,595

22,255

(369,555)

287,751

347,762

(241,028)

6,076,896

2,324

4,781

2,211,441

110,192

1,307,287

2,120,145

1,822

3,653,867

(295,608)

1,003,727

(186,941)

1,544,528

307,562

95,318

196,035

2,866,144

211,235

391,409

3,393

13,133,635

(6,715)

1,959,266

2,115,020

80,340

223,199

(98,827)

5,496,361

161,838

2,584,256

15,379,659

2,185,901

1,265,884

79,123,154

175,201

480,974

95,820

73.69%

(6.01%)

95.85%

(1434.45%)

68.16%

59.66%

(830.33%)

(26.04%)

(16.82%)

66.19%

(46.53%)

(3.10%)

(60.07%)

(13.72%)

33957.90%

(10.79%)

108.18%

59.13%

37.13%

(33.42%)

26.63%

(28.00%)

352.61%

25.22%

(16.56%)

(72.53%)

(168.29%)

2.70%

306.15%

0.81%

(13.78%)

(71.25%)

(23.41%)

495.61%

(0.42%)

(23.94%)

(5.41%)

(6.26%)

(46.43%)

(44.26%)

(14.87%)

(10.14%)

19.32%

(150.67%)

147,206

9,432,950

29,199

(3,388,191)

287,674

335,680

(1,557,193)

3,001,875

1,326

7,945

789,398

69,170

358,664

1,662,980

430,699

2,396,256

19,341

1,312,801

(117,538)

986,378

302,104

58,035

611,610

3,114,189

174,530

88,617

(5,990)

11,074,798

9,401

1,524,041

1,244,498

17,159

170,941

221,621

4,871,467

81,408

1,487,348

10,701,767

830,263

421,267

53,058,489

175,201

425,343

94,281

65,999

9,651,781

14,784

(302,825)

290,639

334,107

(144,512)

4,093,911

1,452

1,015

1,551,323

104,726

886,658

1,940,494

208,180

2,722,823

(225,762)

828,063

(232,329)

1,102,622

209,748

72,458

155,080

2,559,024

245,473

361,798

(2,244)

10,248,185

(5,286)

1,477,844

1,395,677

55,243

223,199

(139,975)

4,885,565

108,195

2,128,870

11,605,459

1,485,937

751,202

60,648,602

179,753

(824,181)

156,319

123.04%

(2.27%)

97.50%

(1018.86%)

(1.02%)

0.47%

(977.55%)

(26.67%)

(8.68%)

682.80%

(49.11%)

(33.95%)

(59.55%)

(14.30%)

106.89%

(11.99%)

108.57%

58.54%

49.41%

(10.54%)

44.03%

(19.91%)

294.38%

21.69%

(28.90%)

(75.51%)

(166.96%)

8.07%

277.85%

3.13%

(10.83%)

(68.94%)

(23.41%)

258.33%

(0.29%)

(24.76%)

(30.13%)

(7.79%)

(44.13%)

(43.92%)

(12.51%)

(2.53%)

151.61%

(39.69%)

54


Monthly Trading Volume

Ordinary Shares


Barita Investments Ltd

Berger Paints

Cable & Wireless (Jamaica)

Capital and Credit Financial Group


Carreras Limited

Ciboney Group

Desnoes & Geddes

First Caribbean International Bank

First Caribbean International Bank Ja

First Jamaica Investments Ltd.

Gleaner Company

GraceKennedy Ltd

Guardian Holdings 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


Salada Foods


Scotia Group Jamaica

Seprod Limited

Supreme Ventures Limited

Trinidad Cement Ltd.

Total Ordinary (Monthly)

77,810

834,729

2,299,107

54,155

715,629

364,478

1,921,383

1,773

250

91,182

1,879,161

232,594

1,700

2,326,150

604,189

395,201

180,135

130,822,290

57,886

643,231

386,320

1,694,722

39,350

370,109

9,192

150,192

1,241,328

500

581,098

3,119,144

123,400

1,316,187,208

1,467,405,596

11,300

95,801

2,833,156

1,258,453

1,197,985

1,980,631

14,000

2,872,522

22,227

3,000

1,038,941

68,633

905,627

4,007,747

978,757

16,038

450,000

542,777

20,150

637,716

150

25,239,775

262,794

154,595

1,678

434,782

1,450,262

1,160,318

200

3,109,277

2,435,343

58,895

1,320,081

100

54,583,711

219,039

1,364,431

5,286,398

1,936,793

653,745

1,592,842

879,944

23,319,211

146,174

24,289

2,856,660

16,373,248

4,086,291

1,224,813

10,150,813

30,583,406

7,208,914

1,571,261

136,343

8,153,726

359,476

6,759,782

705,192

2,033,755

284,816

1,240,643

3,056,987

7,072,998

4,486,676

3,719,478

10,881,136

5,295,135

80,596,529

244,260,944

28,029

679,482

19,814,345

4,341,666

978,409

729,058

164,390

4,017,149

24,213

47,156

4,051,161

15,754,246

984,098

21,537

34,959

15,359,442

5,692,208

3,520,293

7,432,000

339,240

25,141

3,564,343

2,713,595

3,113,849

100

1,189,940

1,147,051

119,331

1,950

889,620

4,693,196

1,241,540

712,731

10,522,254

193,011

595,127

100

114,735,960

28,799

156,959

3,300,742

803,544

520,280

427,643

978,971

7,243

1,326

1,682,500

555,800

1,856,116

1,000

325,548

22,884,935

2,668,194

1,370,499

419,757

847,624

1,773,979

822,018

85,647,089

929,626

1,260,898

16,910

5,361,296

9,269,771

242,487

1,078,257

9,048,579

65,541

12,589,602

404

166,943,937

55

June July August September October November December Yearly Total

Monthly Trading Volume(Cont’d.)


79,500

41,761

3,873,992

1,008,196

256,875

1,153,585

178,390

48,868

119,742

13,000

807,895

310,555

1,388,436

1,000

56,437

4,106,017

2,309,602

1,807,652

1,000

157,495

17,261

4,659,554

67,002

7,441,715

219,934

2,970,825

80,433

850

438,572

10,738,418

32,247

1,206,076

3,522,378

33,780

7,843,125

56,992,168

127,050

78,840

3,978,376

45,533

2,548,018

342,440

250,000

385,585

72,116

5,000

6,873,423

687,075

2,959,858

12,379,190

1,415,182

415,388

12,005

221,144

22,041

730,096

729,580

4,500,443

732,688

148,361

1,802

1,854,085

14,427,552

8,840

155,299

2,957,092

647,001

6,258,233

65,969,336

128,642

23,536

2,467,995

402,024

717,557

590,283

2,000

2,397,961

21,200

2,613

327,366

281,264

7,070,911

33,000

2,250,864

15,802,811

1,472,486

67,995

93,738

5,612

1,601,217

1,741,910

4,150,818

488,624

726,441

390,868

47,417

3,305,053

7,721

1,701,442

3,580,342

256,381

405,585

52,563,677

700

129,375

26,314,554

362,743

177,236

863,234

1,274,299

28,531

19,579

1,741,770

1,049,832

287,356

18,000

4,762,260

2,142,055

2,296,210

2,533,800

71,249

199,021

2,859,346

341,627

300

4,121,318

363,505

627,026

4,441

2,615

1,813,277

9,673,176

731,140

243,980

9,511,097

1,539,639

5,930,588

82,034,879

22,000

445,613

16,436,714

227,742

380,822

478,792

1,025,500

597,547

65,513

1,760

20,913,371

5,433,390

547,054

92,468

794,660

176,507

264,309

2,151,708

85,861

1,015,152

157,789

24,959,003

433,508

11,686,097

14,619

600

5,101,711

6,703,216

1,513,878

4,189,309

570,112

23,383,124

129,869,449

18,107

797,559

3,575,302

256,932

234,347

1,201,324

1,480,117

1,817,863

373,380

220,789

1,518,348

613,641

55,498

7,239,420

377,583

54,717

1,874,879

7,997

1,776,672

911,574

23,039,318

100

505,944

468,395

311,757

15,000

4,191,492

3,358,223

154,865

886,014

2,340,512

161,032

298,260

60,136,961

3,857

561,911

9,017,661

236,917

2,625,077

166,942

14,200

3,507,501

141,175

6,663

474,406

2,344,497

641,079

2,000

5,129,355

682,285

313,656

10,000

838,835

6,700

3,010,024

211,605

51,448,477

1,089,855

27,003

5,100

1,350

256,992

4,005,318

28,949

488,747

7,605,527

461,710

7,761,630

103,127,004

744,833

5,209,997

99,198,342

10,934,698

11,005,980

9,891,252

4,008,541

43,138,860

1,023,287

124,636

41,079,464

46,256,049

21,573,061

25,237

1,842,723

91,390,853

63,432,779

19,135,363

10,686,935

139,104,373

1,431,637

30,425,056

8,442,646

300

242,116,309

200

6,960,960

21,620,556

1,239,145

1,699,592

24,611,903

75,648,567

6,935,165

15,396,277

69,712,713

9,405,637

1,463,169,092

604

2,598,623,622

56


Preference Shares

Barita Investments Limited was listed on January 14, 2010*** Preference shares delisted

Monthly Trading Volume(Cont’d.)


Bank of Nova Scotia Variable Pref.Barita Invest Ltd Series ABarita Invest Ltd Series BC & 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

18,54820,000

35,711

430,00093,500

616,640

1,40351,61814,000

93,750 1,375,170

1,468,780,766

118,21420,000

16,148

66,1758,143,6651,215,000

4,80130,771

4,2009,618,974

64,202,685

91,004

243,8917,020

674,525

3,335,934

387,183141,747

500

4,881,804

249,142,748

41,827

113,116

5,000

11,376,105

227,006988,790

500

12,752,344

127,488,304

54,16910,000

14,804

31,0004,187,077

19,978268,723

4,585,751

171,529,688



Best Practices

Awards 2010

57


(Cont’d.)

Monthly Trading Volume

Ordinary Volume (2010 vs 2009)

Vo

lum

e


0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

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

Month

2009

2010

93,30011,150

9,359

170,000

1,133,743

159,4252,000,000

50,5003,627,477

60,619,645

149,521

3,000

15,000

514,779

139,514197,237

181,4501,200,501

67,169,837

170,061

3,080

40,500532,942

7,000

25,500779,083

53,342,760

34,135

2,738

547,955

29,934 8,859

623,621

82,658,500

255,703

3,796 10,000

200,000 10,000

938,478

38,757

6,959 1,463,693

131,333,142

28,199

8,000

34,000 563,189

101,381

275 735,044

60,872,005

119,942 857,894

14,000

20,000

258,916

1,270,752

104,397,756

1,174,623 919,044

0 0 0

459,643 25,020

1,560,700 8,372,665

24,961,842 0 0 0 0

1,375,298 3,687,745

15,000 362,634

42,914,214

2,641,537,836

58

Monthly Trading Value Ja.$(000)

Ordinary Shares



Barita Investments Ltd

Berger Paints

Cable & Wireless (Jamaica)

Captial and Credit Financial Group


Carreras Limited

Ciboney Group

Desnoes & Geddes

First Caribbean International Bank

First Caribbean International Bank Ja

First Jamaica Investments Ltd.

Gleaner Company

Goodyear (Jamaica) Ltd

GraceKennedy Ltd

Guardian Holdings Ltd.






Kingston Wharves

Lascelles deMercado & Co.

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 Group Jamaica

Seprod Limited

Supreme Ventures

Trinidad Cement Ltd.

Total Ordinary (Monthly)

218,068

1,388,528

872,571

219,406

2,869,627

12,741,058

7,157,006

208,328

3,275

2,353,425

2,276,940

9,315,666

297,500

11,098,519

2,402,615

9,777,172

899,925

347,997,520

13,405,830

1,176,487

684,295

23,662,144

614,465

13,079,636

156,996

322,566

7,834,660

7,000

10,636,660

56,496,482

2,246,054

2,566,572,325

3,108,992,747

31,753

172,562

1,069,173

4,203,537

4,806,192

81,266,160

1,067

12,444,851

2,610,561

39,300

31,998,470

83,335

35,706,322

21,130,686

3,901,810

318,135

1,800,000

1,485,279

4,433,000

1,162,522

212

368,339,786

3,949,310

5,487,812

26,009

2,256,519

3,350,195

7,122,279

2,800

62,374,244

47,717,324

1,201,268

2,817,971

6,200

713,316,640

611,205

3,310,615

2,218,876

7,762,006

3,093,009

72,243,646

52,586

108,699,579

17,163,816

318,946

98,261,361

23,210,242

258,242,592

5,449,752

65,986,891

122,326,741

184,057,152

6,023,221

31,635,894

21,393,139

558,018

108,524,877

12,817,573

92,392,727

4,290,026

6,197,615

9,565,986

45,186,506

60,554,401

85,054,041

247,129,029

127,004,826

197,902,116

2,029,239,007

76,099

1,988,421

9,229,582

17,374,494

5,851,759

36,467,801

8,220

20,051,053

2,844,613

628,645

146,046,564

19,911,279

65,728,884

3,768,975

171,211

102,727,937

22,797,780

83,131,426

30,592,200

1,324,990

6,533,052

10,126,439

5,399,964

55,315,085

5,200

21,167,396

52,914,505

1,948,842

9,741

2,768,883

30,554,797

15,925,775

16,168,228

251,327,504

4,623,345

1,416,456

5,300

1,046,932,443

76,297

454,567

1,526,809

3,000,642

2,475,613

21,400,076

4,727,423

853,533

17,736

64,483,352

758,492

125,503,414

175,010

1,620,406

160,175,157

11,189,452

31,430,469

1,705,058

254,332,656

4,989,215

1,762,887

1,611,995,161

16,745,655

60,193,017

292,184

16,643,800

60,230,292

2,662,417

23,871,677

214,083,055

1,553,324

31,715,755

21,412

2,732,666,014

59


Monthly Trading Value Ja.$(000)(Cont’d.)


183,200

123,901

1,551,336

3,338,941

1,215,834

57,406,836

8,920

230,978

14,009,811

172,375

31,223,984

434,173

86,336,914

220,000

282,065

28,818,191

9,818,616

37,469,213

4,200

663,270

4,997,535

10,732,561

120,004

137,434,147

3,962,631

145,041,780

1,365,404

4,233

1,353,940

72,861,877

347,033

25,884,920

79,630,406

762,040

20,652,065

778,663,333

263,047

219,721

1,410,937

143,363

11,788,141

16,776,229

12,500

1,772,213

8,363,456

66,504

250,891,990

1,039,733

171,824,608

85,315,615

5,672,354

8,683,228

50,421

905,737

6,594,440

1,539,938

1,581,276

82,337,091

13,163,432

7,149,203

6,037

5,710,089

99,927,632

95,735

3,163,923

65,020,447

14,091,098

15,533,570

881,113,707

263,197

44,962

926,464

1,264,552

2,990,032

29,030,255

100

11,099,068

2,458,600

34,753

12,109,839

436,193

405,509,077

165,000

15,032,281

64,777,425

30,926,852

285,579

387,355

1,353,112

3,271,416

3,716,620

77,458,906

8,589,216

33,475,708

6,639,756

135,362

23,044,213

75,410

34,245,570

81,013,550

5,430,174

940,900

857,131,496

1,400

314,573

9,274,598

1,096,583

645,906

43,087,259

5,174,043

3,252,268

259,969

63,132,749

1,633,540

15,509,056

83,460

30,674,271

8,696,128

48,091,315

9,878,440

303,563

61,049,200

5,851,283

4,800

596,835

79,141,471

5,843,840

29,133,111

69,526

8,022

4,602,059

64,955,055

7,315,339

4,883,127

203,616,367

32,530,874

13,438,998

754,149,027

44,000

956,194

5,637,315

699,053

1,312,364

24,427,015

51,275

2,256,755

7,468,482

23,373

758,112,383

8,099,250

27,442,690

433,425

4,622,491

685,355

5,550,335

8,645,174

25,710,366

2,152,269

279,286

436,018,458

6,930,102

549,016,108

175,428

1,810

12,754,570

45,030,219

30,262,944

86,083,934

12,101,144

47,106,277

2,110,089,843

36,085

1,730,307

1,092,544

835,487

732,751

61,768,932

58,311

6,377,847

42,565,320

8,091,498

2,101,375

31,304,927

278,655

43,459,060

1,415,087

1,150,273

7,498,075

2,322,570

4,370,683

1,375,463

432,467,029

4,600

8,215,652

22,050,586

3,959,008

38,000

10,424,660

22,185,249

1,393,403

18,591,749

51,464,096

3,384,221

656,081

793,399,585

7,675

1,079,985

2,739,113

771,802

7,645,490

8,671,582

426

12,270,081

16,323,086

87,885

17,322,129

3,654,433

32,354,992

9,300

30,888,524

2,704,261

6,582,687

39,000

3,223,841

2,019,543

7,062,555

317,543

939,126,082

20,955,777

1,271,009

62,173

3,105

612,903

28,395,995

324,094

10,598,170

161,456,091

9,741,499

16,726,904

1,345,049,735

1,812,028

11,784,336

37,549,319

40,709,866

45,426,718

465,286,847

193,403

192,260,896

118,121,874

1,652,761

1,484,027,741

63,638,984

125,503,414

1,139,450,737

5,906,881

167,048,026

450,943,918

245,198,172

447,168,256

43,549,765

380,163,083

414,387,198

73,828,505

11,126,439

5,270,763

4,351,820,237

9,800

122,955,048

1,011,205,202

18,985,353

8,525,081

68,245,013

45,186,506

522,696,668

113,203,045

487,810,240

1,424,914,082

285,567,156

2,717,577,303

32,912

17,150,743,576

60


Preference Shares



Bank of Nova Scotia Variable Pref.Barita Invest Ltd Series ABarita Invest Ltd Series BC & 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

22,03660,000

46,983

1,142,300280,500

1,605,776

2,820

149,69238,120

18,732,25022,080,477

3,131,073,224

160,25473,500

20,350

195,35526,041,310

3,562,000

9,698

88,986

840,00030,991,453

744,308,093

132,393

317,41911,030

1,978,175

9,862,725

804,491

408,910

100,00013,615,141

2,042,854,148

54,742

174,265

13,500

33,515,165

481,760

2,951,857

100,00037,291,289

1,084,223,733

66,31938,900

23,863

99,20012,273,264

42,953

787,156

13,331,655

2,745,997,669

61



Ordinary Value (2010 vs 2009)

Va

lue

($)


115,62442,870

15,340

462,550

3,370,780

345,379

6,000,000

10,100,00020,452,543

799,115,876

180,954

4,960

41,100

1,503,577

300,653

574,265

36,753,01539,358,525

920,472,231

205,139

5,151

129,6001,558,967

15,087

5,192,4657,106,409

864,237,906

40,177

4,590

1,603,743

62,629

25,514

1,736,653

755,885,680

295,707

6,92015,500

600,00032,000

2,752,660

70,002

1,393,0925,165,882

2,115,255,725

33,854

18,400

108,8001,661,408

177,404

55,1382,055,003

795,454,588

161,9542,607,998

27,998

64,000

430,201

3,292,151

1,348,341,885

1,469,1552,823,268

000

647,84144,930

4,432,98026,755,41073,270,063

0000

2,743,07600

10,986,38138,120

73,265,959196,477,182

17,347,220,758

1,100,000

1,600,000

2,100,000

2,600,000

3,100,000

3,600,000

100,000

600,000

JAN FEB MAR APR MAY JUN

Month

JUL AUG SEP OCT NOV DEC

2009

2010


63

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., 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 Ferris Jackson – Trading AssistantDavia Eastman – Marketing AssistantCharlette Eddie-Nugent – Communications Assistant

Marlene Street-Forrest – General ManagerRobin Levy – Deputy General Manager



Financial Year End December 31

Access Financial Services Ltd (AFS JMP004681012)

Board of Directors

Secretary

Registrar &Transfer Agent

Principal Activities

Financial Data

2010 2009 2008 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

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


27,451

273,794

104,502

308,060

477,044

230,184

299,284

35.52

84,750

65.68

65,999

100.76

1.13

2.07

33.96

28.32

0.24

27.51

114.63

274,510

407,275

19,773

228,773

661,497

231,244

382,869

27.93

147,206

73.69

147,206

123.04

0.56

2.86

43.23

38.45

0.54

5.00

9.26

114,882

1,041

301,686

294,660

325,103

220,841

51,154

32,874

2.63

0.91

23.16

1.50

66

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

Financial Year End October 31

Financial Data

2010 2009 2008 2007 2006 2005

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

Duke CorporationFloor, Scotiabank CentreCnr. Duke & Port Royal Streets

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

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

44,890,057

255,111,139

159,244,394

95,602,817

85,668,665

33,648,953

12,191,068

9,432,950

-

22.71

5.22

4.27

6.19

11.58

3.70

36.23

1.20

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

(9.87)

(6.01)

(2.27)

(1.21)

*

*

***

*

*

* Bank of Nova Scotia Jamaica Limited’s ordinary shares were delisted April 30, 2007 and its preference shares were listed on May 1, 2007.

Financial Year End September 30

Barita Investments Limited (BIL JMP161681094)

Financial Data

2010 2009 2008 2007 2006 2005

Board of Directors

Secretary


Subsidiaries


Website:

Email:

*Restated


BALANCE SHEET (000)



Total Liabilities

Total Assets

Fixed Assets

PROFIT & LOSS (000)

Turnover


Pre-tax Profit


Aftertax Profit


IMPORTANT RATIOS

Debt/Equity Ratio

Debt to Assets Ratio

Return on Equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

445,001,824

1,118,604

11,218,145

12,336,749

133,482

471,913

8.73

133,089

4.78

97,086

10.03

0.91

9.87

28.20

0.22

2.00

9.09

405,733,824

848,739

10,949,155

11,797,894

132,251

434,023

4.84

127,020

15.17

98,625

11.53

12.90

0.93

12.62

29.27

0.24

62,850,000

713,836

10,351,113

11,064,949

139,811

413,971

67.48

110,287

172.14

88,430

122.29

14.50

0.94

11.56

26.64

0.22

6,285,000

816,015

8,804,093

9,620,108

104,194

247,175

40,526

39,781

10.79

0.92

16.40

Rita Humphries-Lewin (Chairman); Karl Lewin; Carl Domville; Anthony JenkinsonPaul Cooper; John Minott; Ian McNaughton (Company Secretary)

Ian McNaughton

Jamaica Central Securities Depository Limited40 Harbour Street, Kingston

Barita Unit Trusts Management Company Limited

Www.baritagroup.com

The Principal activities of the company and its subsidiaries (collectively referred to as "the Group") areStocks and securities brokerage, money market activities, cambio operations and funds management.

(1.56)

68

Financial Year End March 31

Berger Paints (Ja.) Limited (BRG JMP165551079)

Financial Data

2010+ 2008 2007 2006 2005

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

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

Duke CorporationFloor, Scotiabank CentreCnr. Duke & Port Royal Streets

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


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

(71.96)

(67.15)

(45.68)

(41.50)

(7.27)

(1.83)

*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

Financial Year End April 30

Blue Power Group Ltd. (BPOW JMP170271069)

Financial Data

2010 2009 2008 2007 2006 2005

Board of Directors

Secretary


Subsidiaries


Website:

Email:

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


56,499

151,199

30,451

33,666

221,413

86,212

696,456

7.52

43,586

95.85

29,199

97.50

0.22

2.57

30.36

6.26

0.85

5.15

6.06

1

41,153

95,959

70,047

158,251

65,469

647,744

22,255

14,784

1.70

2.42

3.44

13,082.94


Kenneth Benjamin; Jeffrey Hall; Peter MilligenAntony Hart; Dhiru Tanna

Lisa Kong

Cotrade Limited (Indirect Subsidiary)

Jamaica Central Securities Depository Limited 40 Harbour Street, Kingston

The main activities carried out by the company include manufacture and sale of laundrysoaps and the sale of lumber, hardware supplies and related products from distribution outlets.

70


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

Financial Data

2010 2009 2008 2007 2006 2005

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

11,934,987

281,221

297,605

6,078,884

7,367,627

16,942,218

3.49

0.02

0.83

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

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

*

*

*

*

(5,670,624)

(1434.45)

(3,388,191)

(1018.86)

(24.80)

(33.47)

(0.20)

(2.20)

0.44

(369,555)

(302,825)

(2.01)

(2.26)

(0.02)

(25.00)

(10.87)

(7,216,382)

(330.02)

(4,194,698)

(304.24)

(23.96)

(44.97)

(0.25)

(3.12)

0.78

(3.23)

(14.68)

(15.72)

(7.10)

71


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

2010 2009 2008 2007 2006 2005

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)

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


99,942,744

6,604,029

39,490,414

7,338,785

6,444,061

10,241,404

4,241,080

555,221

59.66

335,680

0.47

5.49

0.85

13.09

0.52

2.00

-

5,625,849

43,674,863

8,336,639

6,957,451

10,755,360

6,059,048

6.92

347,762

334,107

6.26

0.76

5.74

0.52

1.55

-

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

-

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

771,882

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

(30.00)

(9.58)

(11.97)

(7.38)

(5.80)

(6.75)

(11.10)

(7.94)

(4.60)

(32.77)

(26.31)

(3.28)

(13.82)

(27.10) (47.63)

(42.16)

(41.99)

(9.85)

(31.12)

(33.30)

(0.29)

(2.49)

(10.19)

*

*

*

*


Capital and Credit Financial Group (CCFG JMP2008L1047)

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)

72

2010 2009 2008 2007

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

6,697,743

39,512,740

7,338,487

6,347,105

10,280,182

2,826,333

483,872

68.16

287,674

4.63

0.73

17.12

0.31

3.30

10.65

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

(32.09)

(1.02)

(9.70)

(11.96)

(7.12)

(5.83)

(6.94)

(11.11)

(10.39)

(5.63)

(25.38)

(35.99)

(0.05)

(14.26)

(27.71)

*

*

*

*

*

*



Cargo Handlers Ltd. (CHL JMP210381076)

Financial Data

2010 2009 2008 2007 2006 2005

Board of Directors

Secretary


Subsidiaries


Website:

Email:

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



4,077

0

0

30,946

45,746

165,208

1,933

1,326

0.00

0.68

38.85

1.17

2,750

209

50

44,150

77,849

173,697

2,324

1,452

0.02

0.57

1.34

(4.89)

(16.82)

(8.68)

Jane Fray; Theresa Chin; Anthony HartMark Hart; Theresa Chin

The principal activity of the company is the provision of stevedoring services.


Theresa Chin

75


Caribbean Cement Company (CCC JMP210961059)

Board of Directors

Secretary

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

Subsidiaries


Financial Data

2010 2009 2008 2007 2006 2005

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 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


Bernadene M. Crooks

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

3,022,553

3,158,828

3,998,079

7,929,783

-

-

0.00

0.79

-49.73

3.07

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

(10.59)

(2,242,360)

(830.33)

(1,557,193)

(977.55)

(28.28)

(1.83)

(1.68) (23.53)

(2.72)

(0.17)

(241,028)

(142.14)

(144,512)

(134.70)

(13.30)

(20.24)

(72.70)

(54.32) (79.95)

(74.92)

*

*

*

76


Carreras Limited (CAR JMP213891048)

Financial Data

2010 2009 2008 2007 2006 2005

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.carrerasltd.com

[email protected][email protected]

Marcus Steele

Marketer and distributor of cigarettes & tobacco related products.

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

2,669,801

0

0

2,880,903

1,897,724

4,806

10,410,178

4,494,485

3,001,875

-

-

0.00

1.52

97.75

43.17

6.18

48.50

7.85

485,440

3,472,034

0

0

4,670,052

2,784,422

4,800

10,923,530

20.87

6,076,896

4.28

4,093,911

2.35

-

-

0.00

1.68

72.84

55.63

8.43

37.76

4.48

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

*

(4.70)

(26.04)

(26.67) (8.79)

(2.63) (12.79)

(13.70)


78

Financial Year End May 31

Ciboney Group Limited (CBNY JMP283451095)

Financial Data

2010 2009 2008 2007 2006 2005

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; 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

99,674

113,694

0

7,945

66.19

7,945

682.80

-

-

0.00

0.88

N/A

0.02

0.05

3.33

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

(14,020) (21,965)

(42.95) (4.89)

(0.63) (0.87)

(0.08) (0.03)

(3,381)

(5.56)

(3,449)

(3,203)

(129.00)

(4,781)

(146.05)

(22,980) (19,530) (14,750) (25,132)

(168.98)

(100.00)

(10,829)

(103.09)

(15,051)

(104.29)

(22.32)

(52.06)

(2.86)

(0.03)

*

79


Scotia DBG Investments Ltd (SDBG JMP345601059)

Financial Data

2010 2009 2008 2007 2007 2006

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

*RestatedIn 2007, SDBG 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


423,195

8,835,517

70,974,893

0

0

112,292

2,408,850

-36.55

2,444,556

1,487,348

18.00

-4.10

2.10

101.48

3.51

20.23

5.76

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

(5.41)

(30.13)

(100.00)

(100.00)

(96.84)

(27.52)

(19.99)

(11.80)(1.72)

(29.26)

(7.34)

(76.21)

(2.37)

(34.65) (21.02)

(20.33)

80

Financial Year End June 30

Desnoes & Geddes Ltd. (DG JMP350801032)

Financial Data

2010 2009 2008 2007 2006 2005

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

6,677,079

-

700,000

2,770,512

3,186,434

13,332,436

1,182,374

789,398

-

0.10

0.87

12.22

8.87

0.28

4.70

16.78

2,809,171

6,246,636

-

733,608

2,589,318

2,992,255

13,447,889

7.68

2,211,441

32.39

1,551,323

48.82

-

0.12

0.87

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

(49.11)

(46.53)

(0.86)

(20.20) (9.95)

(25.99) (36.32) (6.00)

(7.15)



Dolphin Cove Limited. (DCOVE JMP360321039)

Financial Data

2010 2009 2008 2007 2006 2005

Board of Directors

Secretary


Subsidiaries


Website:

Email:

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



319,093

856,197

257,786

353,202

376,682

173,918

879,639

5.64

106,778

69,170

0.41

2.17

8.20

12.14

0.22

4.51

20.80

312,426

831,053

136,347

187,481

287,602

142,256

832,639

110,192

104,726

0.23

2.02

13.23

0.34

(33.95)

(3.10)

Stafford Burrowes,O.D., (Chairman); Marilyn Burrowes (Director of Marketing)Gregory Burrowes (Director of Operations); Dean BurrowesThe Hon. Raby Danvers Williams OJ, CD, JP, CLU, Hon. LLD; Noel D. LevyThe Hon. William A. McConnell, OJ, CD, JP, FCA, Hon. LLD

Rhonda A. Adams


Dolphin Cove (Negril) Limited

The principal activities of the company are the operation of a tourist attraction comprisingdolphin programmes and ancillary operations such as restaurants, gift and video shops.The company also operates an attraction at Prospect Plantation under lease agreement.

www.dolphincovejamaica.com

83


First Caribbean International Bank (FCIB)

Financial Data

2010 2009 2008 2007 2006 2005

*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 $US$US

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)


1,525,132

1,573,219

9,766,157

7,942,765

6,576,319

1,679,254

691,648

169,729

157,432

-

-

10.18

-4.77

1.61

24.54

10.10

114.00

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

1,525,176

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

(7.72) (8.06)

(10.14) (2.53)

(16.05)

(7.01)

(8.26)

(4.00)

(5.85)

(4.55) (1.92)

(7.72)

(0.86)

(31.22)

(28.99)

(15.60)

(32.69)

(36.89)

**

*

*

*

*

*

*

*

*

*

*

*

*

84


First Caribbean International Bank (FCIB) (Ja.)

Financial Data

2010 2009 2008 2007 2006 2005

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

*Restated

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


265,757

7,630,354

51,264,342

41,925,457

31,346,134

2,494,812

5,346,982

521,952

358,664

-

-

4.82

-2.64

-4.50

-8.84

-7.74

0.70

9.76

1.35

13.28

9.84

265,757

7,256,163

52,655,850

43,900,172

34,385,404

2,294,308

6,276,755

26.10

1,307,287

4.88

886,658

6.18

-

-

12.94

6.11

6.12

-1.58

1.78

1.68

20.83

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

(59.55)

(60.07)

(14.81) (0.71)

*

*

*

*

*

**

*

*

*

*

*

*

*

*

85


First Jamaica Investments Ltd. (FJI JMP416651033)

Financial Data

2010 2009 2008 2007 2006 2005

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

13,485,943

516,324

516,324

14,142,546

140,719

1,455,570

1,829,227

1,662,980

20,847

0.04

100.50

13.26

125.67

5.43

36.50

6.72

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

(14.30)

(13.72)

(11.01)

(58.19)

(3,788) (13,643)

**

*

*

*

**

*

**

*

*

86


Gleaner Company Ltd. (GLNR JMP4744S1045)

Financial Data

2010 2009 2008 2007 2006 2005

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

2,456,955

40,534

56,236

2,430,960

497,681

3,187,725

620,535

33957.90

430,699

106.89

0.02

4.88

19.23

19.47

0.36

1.70

4.77

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

(2.64)

(20.17)

(13.90)

(0.37)

(4.66)

(23.60)

(451,266)

(333.65)

(444,688)

(552.82)

(54.57)

(64.11)

(50.13)

(51.04)



JSE JUNIOR MARKETJSE JUNIOR MARKET

40 Harbour Street, Kingston. Tel: 967-3271-4 Fax: 924-9090 Email: [email protected] Website: www.jamstockex.com

Now Open For BusinessListing: Start Up, Small & Medium Sized Companies

89


GraceKennedy Limited (GK JMP )4897P1050

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


90

Financial Data

2010 2009 2008 2007 2006 2005

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

26,697,805

13,764,164

79,708,269

65,466,303

1,145,352

55,318,408

3,259,648

2,396,256

-

-

146,080

0.52

1.22

9.51

5.89

6.83

51.00

7.47

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

(11.99)

(10.79)

(3.64)

(48.38)

(49.62) (11.82) (6.66)

(17.37) (3.06)

*

*

*

GraceKennedy Limited (GK JMP )4897P1050

91


Financial Data

Guardian Holdings Limited

Note :- Closing stock price quoted in Ja. $

2010 2009 2008 2007 2006 2005

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$

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


202,205

3,039,245

12,276,168

4,516,236

2,153,111

2,311,096

91,079

5,522,000

19.81

573,914

19.32

425,343

151.61

19,838

1.49

0.46

16.04

10.39

1.94

220.00

202,205

2,263,995

11,280,963

6,120,467

4,231,755

4,631,510

78,442

4,609,000

480,974

1312.41

2,743

2.70

0.91

10.44

299.50

202,281

3,589,253

12,504,899

3,754,922

3,151,269

6,165,337

75,255

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

(12.13)

(824,181)

(443.25)

(1,191,863)

(28.16)

(4.10)

(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)

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

*

92

Financial Data

Hardware & Lumber Ltd. (HL JMP5032G1088)


2010 2009 2008 2007 2006 2005

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 HanworthAndrea Coy; Grace Silvera; Donald Wehby


80,842

951,501

357,529

265,641

2,071,572

1,674,499

5,728,987

(4)

24,175

1.08

19,341

108.57

-

-

0.28

1.24

2.09

0.42

0.24

4.65

19.38

80,842

903,747

518,322

538,880

1,987,677

1,565,807

5,940,599

(12.49)

(295,608)

29.10

(225,762)

13.15

-

-

0.60

1.27

(22.32)

(4.98)

(2.79)

3.50

(1.25)

80,842

1,119,168

540,177

498,579

2,395,288

1,788,023

6,788,162

2.11

(416,910)

(309.89)

(259,956)

(294.65)

-

-

0.45

1.34

(22.31)

(6.14)

(3.21)

10.00

(3.12)

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

(3.37)

26,615

(90.00)

20,268

(88.01)

-

-

0.24

1.45

2.27

0.50

0.26

18.00

69.23

*

*

*

*

*

*

93

Financial Year End May 1

Financial Data

Jamaica Broilers Group (JBG JMP5892N1021)

2010 2009 2008 2007 2006 2005

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 (Retired, effective July 30, 2010); Gregory Brenton Shirley; Claudette Cooke; Andrew M. Mahfood; Ian Parsard


1,199,277

6,883,631

1,717,023

3,960,217

6,077,266

3,856,176

-

22,446,902

-8.84

1,597,237

59.13

1,312,801

58.54

-

0

0.58

1.58

20.70

7.12

1.09

6.73

1.23

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

(20.64)

(7.33) (22.20)

(10.61)

*

*

**


95

Financial Year End November 30

Financial Data

Jamaica Livestock Association Ltd. (JLA7.5 JMP589341032)

2010 2009 2008 2007 2006 2005

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


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

513,037

20,903

67,085

208,088

218,297

752,619

37.13

0.13

0.95

2.30

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

(51.04)

12,927

0.26

1.01

5.32

1.03

0.22

2.70

12.27

*

(16.79)

(117,538)

(117,538) (232,329)

(43.74)(49.41)

(10.24)

(186,941)

(22.93)

(15.62)

(2.05)

(42.82)

(20.67)

(4.04)

(1.12) (0.59)

(41.75)

(21.87)

(2.81)

(10.14)

(2.81)

(0.38)

(0.91) (10.00)

(5.66)

(1.05)

(0.23)

(9.35)

(15.96)

(220,370)

(161,636) (21,837)

(33,690) (12,033)

(202.36)

(13,460)

(204.12) (36.70)

96


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

2010 2009 2008 2007 2006 2005

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



1,463,386

6,860,229

122,975,370

107,361,075

102,844,985

30,507

14,695,243

-7.98

1,028,312

986,378

16.22

10.60

9.87

14.13

0.80

7.00

0.67

4.00

5.97

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

(33.42)

(10.54)

(16.77)

(3.37)

(18.26)

(30.92)

(0.71)

(3.71)

(16.13)

*

*

*

*

*

*

*

*

*

*


98


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

2010 2009 2008 2007 2006 2005

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

Current Assets ratio

Return on equity


Earnings Per Share

Closing Stock Price

P.E. Ratio

*Restated


187,024

4,873,385

100,278

152,603

2,239,958

899,565

5,906,243

-5.64

389,465

302,104

-

0.03

2.49

6.42

6.59

1.67

20.25

12.13

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

(26.63)

(44.03)

(9,019)

(280,026)

(2,856,467)

(496.21)

(268)

(78.58)

(82,040)

(128.87)

(479,108)

(118.33)

(15,685)

(43.06)

(7.67)

(15.27)

(5.16)

(2.87)

(2.47)

(1.51) (14.19)

(3.81) (58.43)

(3.33)

*

*

*

*

*


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 George;Rita Humphries-Lewin; Garth Kiddoe; Allan Lewis; Ed Mckie; Julian Mair;Donovan Perkins appointed Deputy Chairman effective June 24, 2010; Nicole Lambert (deceased June 2010); Anya Schnoor; Livingstone Morrison; Dennis Cohen (appointed effective February 24, 2010)

2010 2009 2008 2007

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


Return on equity


Earnings Per Share

Closing Stock Price

Marlene Street-Forrest

Providing the facilities for the buying and selling of securities


33,000

994,427

69,487

69,487

270,526

42,010

199,378

25.42

34,574

37,402

0.07

6.44

3.84

17.34

1.66

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

(13.06)

(46.65)

(0.61) (0.61)

(79.29)

(79.15)

(66.20)


Kingston Properties Ltd. (KPREIT JMP607311090)

Board of Directors

Secretary

Registrar & Transfer Agent:

Subsidiaries:

Financial Data

2010 2009 2008

Principal Activities:

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

Nicole Foga Jamaica Central Securities Depository Ltd.40 Harbour Street, Kingston

Garfield Sinclair (Chairman); Nicole Foga (Company Secretary); Fayval Williams (Executive Director)Lisa Gomes; Peter Reid

Investments in real estate in Jamaica, wider Caribbean and in International Markets.


68,800

501,407

25,602

170,680

256,425

154,889

33,119

-6.84

11,512

-55.86

15,106

-44.49

0.34

1.66

3.02

34.76

0.22

3.90

17.73

68,800

498,544

0

0

532,675

29,977

35,550

108.47

26,082

86.15

27,215

94.24

0.00

17.77

5.73

73.37

0.40

5.00

12.50

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

Carlton Savannah REIT (St. Lucia) Limited

101


Financial Data

Kingston Wharves Ltd. (KW JMP607321073)

2010 2009 2008 2007 2006 2005

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

7,908,397

2,003,744

2,462,422

1,807,071

894,285

3,025,883

17.72

887,281

352.61

611610

294.38

0.31

2.02

7.97

0.29

0.56

4.00

7.14

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

(5.09)

(9.86) (47.00)

(6.57) (51.85)

(20.03)

(20.14)

*

*

*

*

*


103


Financial Data

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

2010 2009 2008 2007 2006 2005

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 de Mercado23 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.

Gerald Yetming (Chairman); William A. McConnell (Managing Director); David K.C. HenriquesAnthony J. Bell; Richard K. Powell; Michael Fraser; Jane George (Company Secretary); Jason Abrahams; Steve Badeshi effective August 28, 2009***resigned effective January 31, 2010; Wayne Yip Choy 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, 2010Andrew Mitchell

*Restated


96,000

28,539,529

65,956

939,585

22,323,762

7,982,928

-

25,974,722

4.26

3,588,965

25.22

3,114,189

21.69

-

-

0.03

2.80

11.59

13.82

32.44

300.00

9.25

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

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

(19.12)

(15.13)

*

*

*

*

*


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 (CEO); Sushil Jain; Benito Palomino; David McBean


2010 2009 2008 2007 2006 2005

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


Konrad Berry


1,201,149

3,070,562

28,433,618

7,964,134

1,686,664

2,121,896

176,256

174,530

0.55

5.84

8.31

0.15

2.47

16.47

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

(7.09)

(16.56)

(28.90) (47.72)

(40.69)

(15.59)

(27.25)

(76.71)

(94.39)

(17.23)

106


Financial Data

Montego Bay Ice Co. Ltd. (MBICE JMP693911035)

Board of Directors

Secretary

Registrar

Subsidiaries


2010 2009 2008 2007 2006 2005

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

*Restated


6,161

119,135

-

459

63,319

5,828

33,618

168.29

0.00

10.86

16.00

6,161

125,125

-

402

70,890

5,726

33,782

112.39

3,393

2814.40

85.43

2,907

0.00

12.38

10.04

15.67

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

(5,270)

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

(0.49)

(2,317)

(5,990)

(166.96)

(2,244)

(4.90)

(6.89)

(0.97)

(16.49)

(1.78)

(0.36)

(43.53)

(9.72)

(125)

(15,404)

(712.73)

(2,323)

(11.31)

(0.79)

(2.88)

(6.94)

(29.91)

(60.62)

(1,213)

(31,207)

(810.06)

(81.93)

(1,069)

(69.75)

(0.07)

(93.71)

(8.25)

(26.73)

(14.47)

(1,326)

*

*

*

107


Financial Data

Montego Freeport Ltd. (MFP JMP693931030)

Board of Directors

Secretary

Registrar

Subsidiaries


Telephone

Fax

2010 2009 2008 2007 2006 2005

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

Property ownership and rental (876) 979-8140/8141

(876) 979-8425

*Restated

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


563,066

1,796,081

0

0

791,721

242,110

168,438

-60.26

107,513

-72.53

88,617

-75.51

0

0.00

3.27

5.06

63.83

0.16

1.71

10.69

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

(45.74)

(64.33)

(58.54) (27.91)

(17.10)

*

*

*

*

*

*

108


Financial Data

NCB Jamaica Limited (NCB JMP710541039)

Board of Directors

Secretary

Registrar

Subsidiaries


2010 2009 2008 2007 2006 2005

BALANCE SHEET (000)



Total Assets

Deposits

Loans & Advances

Investments

PROFIT & LOSS (000)

Turnover


Pre-tax Profit

% decr. over prior yr.

Aftertax Profit/Loss

% decr. over prior yr.

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

*Restated


2,466,763

48,807,933

334,970,011

144,283,158

85,995,102

201,766,996

41,963,868

-4.02

13,488,113

2.70

11,074,798

8.07

-

-

-

24.66

6.31

10.70

-2.48

11.84

3.31

32.14

4.50

17.51

3.89

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

*

*

*

*

*

*

*

*


110


Financial Data

Palace Amusement Co. Ltd. (PAL JMP744941080)

2010 2009 2008 2007 2006 2005

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); Hugh Levy, Jnr.; Vincent Wong; Ian Phillipson; Elon Beckford (Vice Chairman); Douglas Stiebel; Scott Graham; Steven Cooke; Christine McMorris; Melanie Graham

* = Restated


1,437

253,195

25,880

26,957

168,162

92,985

675,638

27.74

13843

9401

0

0.11

1.81

3.78

0.02

6.64

52.00

7.83

1,437

244,254

5,068

14,601

123,895

80,025

528,906

10.22

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

(306.15)

(277.85)

(240)

(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)

(2.64)

(0.03)

(4.42)

(7.12)

(18.07)

(9,666)

(231.46)

(6,348)

(182.76)

(15.53)

(15.65)

(4,602)

111


Financial Data

Pan Caribbean Financial Services (PCFS JMP7490E1040)

2010 2009 2008 2007 2006 2005

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; Colin Steele; Christopher DeCaires; Richard L. Downer


547,924

10,624,426

72,647,309

9,016,902

9,480,319

48,552,480

-

6,990,632

-21.20

1,975,188

0.81

1,524,041

3.13

16.45

2.10

0.03

9.55

28.25

2.78

19.49

7.01

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

(9.20)

*

*

112


Financial Data

Pan-Jamaican Investment Trust Ltd. (PJAM JMP749981081)

2010 2009 2008 2007 2006 2005

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

*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

Website: www.panjam.com.jm


173,535

10,616,871

1,591,504

1,591,605

1,164,182

34,264

2,469,031

1,492,945

-14.00

1,823,666

-13.78

1,244,498

-10.83

-

402,824

0.15

33.98

12.73

122.15

7.27

47.01

6.47

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

1,395,677

-13.70

-

539,456

0.03

11.79

17.06

121.83

8.15

36.00

4.42

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

(34.72)

*

*

*

*

*

*

*

*

*

*

*

*

*

*


114


Financial Data

Pegasus Hotels of Jamaica (PEG JMP7654H1098)

2010 2009 2008 2007 2006 2005

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]

Milton Samuda (Chairman); Dr. The Hon. John J. Issa ; Rev Denzil Barnes; Christopher Bovell; Joy Douglas; Alston Douglas; Jacqueline Hendrickson; Kevin Hendrickson; Lance Hylton; Matthew Lyn; Eric Stultz


120,166

4,265,465

87,871

148,298

186,671

298,368

965,977

23,094

-71.25

17159

0

0.03

0.63

0.42

2.39

0.07

15.00

214.86

120,166

3,830,911

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

1.54

8.01

0.36

15.00

41.67

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

(3.67)

(68.94)

(8.36)

(5.03)

(39.96)

(43.30)

*

*


Pulse Investments Ltd. ( PULS JMP792921018)

Financial Data

Board of Directors

Secretary


Romae Gordon

KPMG Regulatory & Compliance6 Duke Street, Kingston

2010 2009 2008 2007 2006 2005

BALANCE SHEET (000)No. of Shares issued

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 RATIOSDebt/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

1,878,765

20,394

30,790

1,333,343

1,265,853

1,586,281

2.03

170,941

170,941

0.02

1.05

9.53

10.78

0.61

4.98

8.16

271,789

1,707,824

8,047

35,189

1,218,907

113,473

1,554,791

14.60

223,199

223,199

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

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

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

(23.41) (48.08)

(23.41) (48.08)

*

*


117


Financial Data

Radio Jamaica Limited (RJR JMP798411055)

Board of Directors

Secretary


Subsidiaries


Stephen A. Grieg, LL.B.


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, television stations and multi-media company.

[email protected] Address

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

2010 2009 2008 2007 2006 2005

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


351,977

1,124,538

68,936

75,933

696,042

319,288

1,995,765

24.23

390,966

(495.61)

221,621

(258.33)

0.07

2.18

21.67

19.59

0.64

3.15

4.92

351,977

920,516

84,729

99,351

367,382

201,845

1,606,553

5.79

(98,827)

(250.62)

(139,975)

(436.31)

0.11

1.82

(14.01)

(6.15)

(0.38)

3.00

(7.89)

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

(88.90)

(32,368)

(134.79)

0.09

2.42

(3.14)

0.96

(0.08)

4.35

(54.38)

344,977

997,597

75,731

83,354

385,177

121,638

1,248,069

8.64

125,726

(17.63)

93,044

(18.69)

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

*

*

*

118


Financial Data

Sagicor Life (Ja.) (SLJ JMP627321053)

2010 2009 2008 2007 2006 2005

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

Janice Grant-Taffe

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

The Hon. R.D. Williams (Chairman); Campbell; Paul Hanworth; Professor Hilary Beckles; Jeffery C. Cobham; Richard Downer; Paul Facey; Stephen Facey; Jacqueline Coke-Lloyd; William Lucie-Smith

Dodridge D. Miller ; Richard Byles (President & CEO); Marjorie Chevannes-

*Restated


**Name Change from Life of Jamaica

3,758,567

25,203,044

42,735,451

222,593

143,158,853

116,426,917

25,657,022

5,473,101

-0.42

4,871,467

-0.29

-

0.01

21.62

21.33

1.24

7.24

5.84

3,758,567

19,862,709

42,047,011

43,152

135,466,417

110,636,048

27,872,526

5,496,361

-1.54

4,885,565

7.56

0.00

27.60

19.72

1.17

7.02

6.00

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

(7.95) (1.37)

*

*

*

*

*

*

*

Principal Activities Life Insurance, Health Insurance, Annuities, Pension Funds, Investments and Administration, Mortgageand Property Development


Financial Data

Salada Foods Limited (SALF JMP8317211098)

Board of Directors

Secretary

Registrar

Subsidiaries


2010 2009 2008 2007 2006 2005

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

119


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

Website: www.saladafoodsjamaica.com



Salada Foods Jamaica Limited had a split in stock at a 10 to 1 ratio in 2008*Restated

10,388

507,402

0

0

521,897

68,519

426,375

-1.40

123,086

-23.94

81,408

-24.76

-

-

0.00

7.62

16.88

28.87

0.78

10.01

12.83

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

(84.60)

(88.61)

*



Scotia Group Jamaica Ltd. (SGJ JMP8537F1042)

Financial Data

Board of Directors

Secretary


2010 2009 2008 2007 2006

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

Duke Corporation Scotiabank Centre, Cnr. Duke & Port Royal Streets

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


3,111,573

53,155,381

325,823,953

145,664,085

96,014,613

85,780,957

40,584,946

-13.94

14,417,094

-6.26

10,701,767

-7.79

21.65

3.25

2.67

3.69

8.83

3.28

35.52

3.34

20.53

6.15

3,111,573

45,724,655

315,555,872

141,877,096

92,602,175

74,445,922

47,160,703

22.93

15,379,659

17.23

11,605,459

20.59

27.15

12.58

8.57

2.93

14.67

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

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

122


Financial Data

Seprod Limited (SEP JMP8579T10370)

2010 2009 2008 2007 2006 2005

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

Jamaica Central Securities Depository Ltd.40 Harbour Street, Kingston

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

7,761,085

233,136

832,981

4,060,390

1,397,301

9,776,563

2.96

1,170,927

-46.43

830,263

-

-

0.11

2.91

11.27

11.98

1.95

21.00

10.77

516,398

6,978,781

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

(44.13) (7.38)

(26.41)

(38.55)


Supreme Ventures Ltd. ( SVL JMP8805B1082)

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); John Graham; Steve Hudson; Curtis Martin; David McBean; Stephen Castagne; Barrington Chisolm; Winsome MinottGeorgios Sampsom

2010 2009 2008 2007 2006 2005

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

3,324,028

192,761

311,375

1,581,371

1,122,577

25,419,264

-9.76

705,588

-44.26

421,267

-43.92

0.09

1.41

13.09

2.78

0.16

2.17

13.56

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

(10.12)

(13.06)

*

*

124

Financial Data


2010 2009 2008 2007 2006 2005

BALANCE SHEET (000)

TT$ TT$ TT$ TT$ TT$ TT$



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

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

249,765

1,424,907

466,203

777,236

2,137,406

1,561,084

-145,338

-48,549

92,405

0.00

0.36

-3.37

-9.31

-0.20

53.00

249,765

1,459,739

1,619,421

1,652,219

781,547

835,668

1,740,461

93,328

95,820

119,548

1.13

0.94

6.77

5.36

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

132,125

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

(10.31)

(255.73)

(150.67)

(16.10)

(52.36)

(38.70)

(20.28)

(26.07)(23,648)

(1.30)

(6,102)

(56.46)

(16.34)


Trinidad Cement Limited

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 McFarlaneCarlos Hee Houng; Brian Young; Aleem Mohammed; Leonard Nurse; Luis Miguel; Cantu Pinto; Bevon Francis

Website: www.tclgroup.com


125

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



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

SUPPLEMENTARY FE E (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

126

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





Jamaica Stock Exchange Statement of Corporate Governance Principles & Practices

ISSUES DESCRIPTION/PRINCIPLES 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

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 owners and members. 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 members are set out in the Memorandum & Articles of the JSE and stipulate election of members on an annual basis. Interest groups identified by the Board will propose independent members 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, an equal number of independent directors and an independent 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.

Chairman & CEO Any decision to combine these two positions must be justified.

No director qualifies as an independent director unless the Board determines that the director has no material relationship that could interfere with the independent judgment of that member.





Committees

Audit and Finance Committee

Market Oversight Committee

Conduct Review Committee

Governance Committee

Nominating Committee

Committee

CompositionThere are both mandatory and non-compulsory committees of the Board. The mandatory committees of the Board are comprised of the Conduct Review Committee, the Audit 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 Audit 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 Committee ensures that the Company complies with legal and regulatory requirements.

The Market Oversight 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.

The Conduct Review Committee reviews Member Dealers’ conduct of business and adherence to Business Rules, Contractual Obligations and the Securities Act. The Conduct Review Committee is responsible to the Board of Directors for the conduct, procedures and holding of disciplinary hearings and reviews and to investigate complaints by investors against Member Dealers.

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.

The Nominating Committee is comprised of non-executive directors 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.

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.

Regulatory & Market Oversight Committee (RMOC)





Listing and Standards Committee

Other Committees

Board Meetings

General Meetings

Performance

Term Limits

Age Limits

Transparency

Accounting Standards

Ethics

The Listing and Standards 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.

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

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'.

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

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. 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 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 (3) 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 Chairmen should automatically sit on the Executive Committee for the year after demitting office as Chairman.

The JSE has no maximum age limit for members sitting on the Board. However the minimum age limit should be 18 years.

In order to promote transparency, Member Dealers are asked to publish their companies' annual accounting results. Provisions are made to codify and publish procedures to address and/or eliminate conflict of interest involving Board Members.

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

The Board intends to codify the JSE's current ethics and confidentiality requirements for Directors and Management and to post this information on the JSE's website. Any waiver of ethics for Directors or Executive Officers is to be declared.




Brokerages & Contact Information

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

SCOTIA 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]


42

80

70

74

62

Inside Back Cover

33

120

64

85

21

101

62

92

95

Back Cover

88

40

98

60

105

2

109

Inside Front Cover

115

6

111

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

JPS ......................................................................................................

JSE - Junior Market .............................................................................

Jamaican Teas Ltd ...............................................................................

Kingston Wharves ...............................................................................

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

NCB Jamaica Ltd ................................................................................

National Housing Trust ........................................................................

Pan-Jamaican Investment Trust Ltd. ...................................................

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

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

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

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

INDEX TO ADVERTISERS

132






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 Companies which includes Barita Investments Limited and Barita Unit Trusts Management Company Limited. A pioneer of the stock broking industry, she has been at the forefront of Jamaica's financial landscape for over 40 years.

Mr. Edwin McKie

Mr. McKie is the Chairman and Managing Director of M/VL Stockbrokers Limited. He was a former Trade Administrator and Chairman of the Trade Board Limited. He also served as Chairman of the Agricultural Credit Bank, the Agricultural Credit Board and the College of Agriculture. He served as Board Member of the National Investment Bank of Jamaica, Bank of Jamaica and National Water Commission. He is currently a Board member of the Development Bank of Jamaica.

Mr. McKie was awarded the Order of Distinction, Commander Class, in the field of Banking.

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 - Deputy Chairman

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., and the National Insurance Fund. 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 has been the President & CEO of SSL since 2007. He serves as an Executive Director on the Board of Directors. SSL has grown into a leading provider of wealth management solutions and provider of investment banking advisory services under his stewardship.

Before joining SSL, Mr. Croskery was a leading Wealth Manager and Equity Trader at NCB. Previously, Mr. Croskery interned at Prudential Financial, Inc. (now Wachovia Securities) in Miami, Florida.

Mr. Croskery received a M.Sc. in Global Financial Analysis and a dual B.Sc. in Corporate Finance/Accounting from Bentley College in Boston, Massachusetts.

Mr. Croskery is a Director on the Boards of the Jamaica Stock Exchange (JSE) where he serves on the Compensation, Finance & Audit sub-committees, Island Ice & Beverage Company Limited (IIBC) and is a Member of Young Presidents' Organization (YPO).

Mr. Croskery served on the Boards of The Sugar Company of Jamaica (SCJ) and the Jamaica Racing Commission (JRC).

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.

Notwithstanding his professional 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. Allan Lewis





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, Apex Health Care Associates Limited, Apex Pharmacy Limited, Air Jamaica Limited , Jamaica Public Service Company and Access Financial Services Limited. 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 Executive Vice President of the Scotiabank Group's Wealth Management & Insuance 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 Investments Limited, Scotia DBG Fund Managers Limited, The Jamaica Stock Exchange and The Scotia DBG Caribbean Income Fund. 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. Since joining GraceKennedy in early 2005, his other roles include that of Principal of GK Investments, executing acquisition strategy and the development of new businesses within the financial services and retail division.

Mr. Drummond's career has included appointments in general management and strategic planning for Fortune 500 companies such as American Express Company, ITT 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 career in public accounting with PricewaterhouseCoopers in New York City.

He earned his MBA Degree at the Harvard University Graduate School of Business Administration in Boston, Massachusetts and his Undergraduate Degree in Business from Pace University in New York.

He also serves as a member of the Board for First Global Financial Services Limited and the Jamaica Stock Exchange and is currently the President Elect 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 of the Lascelles, deMercado Group of Companies in 2001, becoming the Company Secretary and head of the Corporate Secretariat in 2005. She was admitted as a Solicitor in England and Wales and as an Attorney-at-Law in Jamaica and is a member of the Law Society of England & Wales and the Jamaican Bar Association. Mrs. George, who has approximately 25 years experience in the legal profession in Jamaica and England, joined the Board of the Jamaica Stock Exchange in 2008. She sits on the Regulatory and Market Oversight Committee, the Corporate Governance Committee and the Audit and Finance Committee of the Board.

Mr. Livingstone Morrison - Chairman Regulatory & Market Oversight Committee (RMOC)

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, finance, 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 a past President of the Institute of Chartered Accountants of the Caribbean as well as its 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.




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

Miss Nicole Lambert - Deceased (Direcetor; June 2009 - June 2010)

Ms. Lambert was 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 yielded exceptional technical skills and a

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.

unique value-added perspective supported by influential contacts.

Ms. Lambert held 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 was as varied as it was accomplished. She was 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.

Mr. Dennis George Cohen

Mr. Dennis Cohen is the Deputy Group Managing Director for National Commercial Bank Jamaica Limited and CEO of NCB Capital Markets Limited. Mr. Cohen joined NCB in 2004 as Group Chief Financial Officer after a decade of experience gained at Citibank N.A. Jamaica, serving as Country Treasurer for the local branch and its affiliates. He also served as head of Citibank's Relationship Management Group. Prior to commencing his career in banking, Mr. Cohen was employed to Price WaterhouseCoopers as a Senior Accountant.

As Deputy Group Managing Director, Mr. Cohen is charged with overseeing a number of the Bank's business segments including retail, corporate banking and insurance business. As CEO of NCB Capital Markets Ltd, he has responsibility for developing wealth management, securities dealership and stock brokerage.

He is a Director of NCB (Cayman) Limited, National Commercial Bank Jamaica Limited, NCB Capital Markets Limited, NCB Insurance Company Limited, West Indies Trust Company Limited, the Jamaica Stock Exchange and Chairman for Mutual Security Insurance Brokers Limited. He is also a member of the Institute of Chartered Accountants of Jamaica (ICAJ).

PHOTO?




JSE BOARD COMMITTEES 2010/2011

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

EXECUTIVE COMMITTEEChairman:Mr. Curtis Martin Mr. Donovan Perkins Mr. Christopher Berry (or alternate Gary Peart) Mr. Ed McKie Mr. Julian Mair Mrs. Janet Morrison Mrs. Marlene Street Forrest Mr. Robin Levy

LISTING & STANDARDS COMMITTEEChairman:Mr. Curtis Martin Mr. Donovan Perkins 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 Mrs. Janet Morrison

COMPENSATION COMMITTEEChairman:Mr. Curtis Martin Mr. Garth Kiddoe Mr. Mark Croskery Mr. Dennis Cohen

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

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

Mrs. Janet Morrison

Mrs. Janet Morrison was called to the Jamaican Bar in 1978 and has been a partner of

DunnCox attorneys-at-law since 1985. Her practice is primarily in the areas of Corporate and

Commercial Law. A graduate of the University of the West Indies and the Norman Manley Law

School, she also holds a Masters Degree in Commercial and Corporate Law from the

University of the West Indies. Janet is a member of the council of the Jamaican Bar

Association. She served as the treasurer of the Jamaican Bar Association for over ten (10)

years and acted as its representative on the Joint Select Committee of Parliament in

deliberations on the Companies Act 2004. Janet has presented at several conferences on

Corporate Governance, the Pensions Act and the Companies Act and has contributed many

legal commentaries in the Jamaican press and in international journals. She is a member of

the Commercial Law Sub-Committee of the Jamaican Bar; a member of the board of Rise Life

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

Management Services Limited, a charitable organization; chairman of the Justice Reform Committee of the Private Sector

Organization of Jamaica (PSOJ), and chairman of the PSOJ Steering Committee on the establishment a Commercial Alternative

Dispute Resolution Centre in Jamaica.

Janet Morrison's expertise spans over thirty two (32) years and it includes the reorganization of a major group of companies listed in

Jamaica and Trinidad & Tobago; IPO listings on the Jamaica Stock Exchange; advising on receiverships and insolvency matters;

advising majority and minority shareholders; acting on behalf of insolvent note holders and creditors in schemes of arrangements;

preparing and perfecting security documentation in relation to loans by international lending agencies; securitizations; advising

financial institutions on note issues and on the applicable law and practice in relation to the issue of sovereign guarantees. Mrs.

Morrison joined the Board of JSE in June 2010.




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

THE MANAGEMENT TEAM


140

INVESTMENTS & CAPITAL MARKETS CONFERENCE

Acknowledgement

JANUARY 2012

2012Jamaica Pegasus


The Jamaica Stock Exchange is once again proud to present the 2010 Edition of its Year Book. We recognize that every year our readers look forward to this widely read publication and we endevour to improve the timing of this very invaluable resource. This annual publication is a compilation of facts, figures, charts and other illustrations about the performance of the Jamaican stock market over many years. It is a treasured source of research material for potential investors locally and abroad, as well as for financial planners and managers.

This year we are in transition as we move to diversify our product offerings. This means that there will be much more to report on in the coming years. We are proud to have been of service to you through the years, through our various projects and programmes but most importantly through this great medium. We pledge to continue this proud tradition of presenting this book to you and to always improve and innovate with each edition we publish. Thanks to all our subscribers and advertisers who have over the years, stuck with us and have continued to provide feedback, make recommendations and suggestions on how to improve this product.

The publication of this book would not be possible without the guidance of the JSE's Chairman, Curtis Martin who finishes his stint in June as the JSE Chairman (we say thanks for working with us throughout your tenure) 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 to your continued support in meeting the needs of our growing market and investor base.

Documents

JSE YEARBOOK 2010 - Jamaica Stock Exchange · 2017-12-15 · 3 TABLE OF CONTENTS The Jamaica Stock Exchange Yearbook is published annually by the Jamaica Stock Exchange, 40 Harbour