TRADING REPORT

July 23, 2008

Two securities traded firm as 46,600 shares traded on the Regular Market, with a total value of $99,448.00. Fortress Caribbean Property Fund was the volume leader trading 42,240 shares at $1.80. They were followed by One Caribbean Media Corporation which traded 4,360 shares at $5.60.

Regular Market

Security / Volume / High / Low / Price / Advance/
Decline
FORTRESS CARIBBEAN PROPERTY FUND / 42,240 / $1.80 / $1.70 / $1.80 / $0.00
ONE CARIBBEAN MEDIA LIMITED / 4,360 / $5.60 / $5.60 / $5.60 / $0.00

Odd-Lot Market

Security / Volume / High / Low / Price
LIGHT & POWER HOLDINGS LIMITED / 550 / $12.05 / $12.00 / $12.05
NEAL & MASSY HOLDINGS LIMITED / 335 / $19.50 / $19.50 / $19.50
FORTRESS CARIBBEAN PROPERTY FUND / 234 / $1.85 / $1.85 / $1.85
BANKS HOLDINGS LIMITED / 100 / $4.39 / $4.39 / $4.39
FIRSTCARIBBEAN INTERNATIONAL BANK / 100 / $3.95 / $3.95 / $3.95
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
July 23,2008 / July 22,2008
Local / 4,277.24 / 4,277.24 / -
Cross-list / 2,176.93 / 2,176.93 / -
Composite / 1,074.90 / 1,074.90 / -
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
July 23,2008 / July 22,2008
Local / 11,670.26 / 11,670.01 / 0.25
Cross-list / 4,358.39 / 4,358.39 / -
Composite / 16,042.13 / 16,041.89 / 0.25

MUTUAL FUNDS

July 23,2008
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
18-Jul-08 / BNB CAPITAL GROWTH FUND / w / 1.4571 / -0.0094
18-Jul-08 / BNB INCOME FUND / w / 1.2474 / 0.0019
18-Jul-08 / BNB PROPERTY FUND / m / 1.7048 / -0.0004
17-Jul-08 / CLICO BALANCED FUND INC. / w / 1.31 / 0.00
18-Jul-08 / FORTRESS CARIBBEAN GROWTH FUND / w / 5.34 / 5.45 / 5.34 / -0.02
18-Jul-08 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.4657 / 0.0013
18-Jul-08 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0195 / 0.0009
26-Jun-08 / ROYBAR INVESTMENT CORP. BDS$ ** / m / 4.25 / 4.25 / 4.17 / 0.02
18-Jul-08 / THE SAGICOR GLOBAL BALANCED FUND / w / 2.24 / 0.00
18-Jul-08 / SAGICOR SELECT GROWTH FUND / w / 1.17 / -0.01
18-Jul-08 / SAGICOR PREFERRED INCOME FUND * / w / 1.03 / 0.00
* Indicates the Fund is currently ex-div

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

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

NEWS

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

ANNUAL GENERAL MEETING

Cable & Wireless (Barbados) Limited: - Directors have by resolution fixed August 5th, 2008 as the record date for the determination of shareholders entitled to receive notice of the Seventh Annual General Meeting of the company to be held on September 11th, 2008.

DIVIDEND DECLARATION

Cable & Wireless (Barbados) Limited: Directors have declared a final dividend of 14.5 cents and a special dividend of 15.2 cents per share to shareholders on record at close of business on August 5th, 2008.

Cave Shepherd & Co Limited: Directors have declared an interim dividend of twelve and a half (12.5) cents per share to be paid on August 29th, 2008 to shareholders on record at close of business on August 15th, 2008.

Goddard Enterprises Limited: - Directors have fixed July 31st, 2008 as the record date for the shareholders entitled to receive payment of the interim dividend to be paid on August 29th, 2008.

PUT-THROUGH NOTICE

Put-through – BNB Finance & Trust Corporation would like to announce the put-through of 363 shares in Neal & Massy Holdings Limited at $19.22 set to take place on July 28th, 2008.

ADDITIONAL SHARES LISTED

Insurance Corporation of Barbados Limited: We wish to announce that 51,591 shares in Insurance Corporation of Barbados Limited were listed today on exchange under the company’s Employee Share Purchase Plan.

1st Floor, Carlisle House, Hincks Street ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /
SHARE SUMMARY INFORMATION /
Wednesday July 23, 2008 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ANSA McAl (Barbados) Ltd / 30-Jun-08 / $16.20 / $16.20
Almond Resorts Inc. / 17-Jun-08 / $2.00 / $2.00 / $1.80 / $2.00 / 2,000 / 3,560
BICO Limited / 21-Apr-08 / $1.86 / $1.86 / $1.90 / 17,521
Banks Holdings Ltd. / 3-Jul-08 / $4.30 / $4.30 / $4.20 / $4.25 / 2,000 / 90,280
Barbados Dairy Industries Ltd. / 10-Jun-08 / $5.50 / $5.50 / $5.50 / 1,000
Barbados Farms Ltd. / 14-Jul-08 / $3.73 / $3.73 / $3.73 / 4,118
Barbados National Bank Inc. / 18-Jun-08 / $6.50 / $6.50 / $6.45 / 11,000
Barbados Shipping & Trading Co. Ltd. / 30-May-08 / $8.50 / $8.50 / $8.25 / 2,010
Cable and Wireless Barbados Ltd / 7-Jul-08 / $4.32 / $4.32 / $4.63 / 9,000
Cave Shepherd and Co. Ltd. / 16-Jul-08 / $6.95 / $6.95 / $6.95 / $7.25 / 21,462 / 4,000
FirstCaribbean International Bank / 11-Jul-08 / $3.95 / $3.95 / $3.75 / $3.95 / 1,500 / 203,110
Fortress Caribbean Property Fund / 23-Jul-08 / 42,240 / $1.80 / $1.70 / $1.80 / $1.80 / $0.00 / $1.66 / $1.85 / 1,400 / 20,000
Goddard Enterprises Ltd. / 22-Jul-08 / $7.79 / $7.79 / $7.75 / $7.90 / 20,000 / 25,201
Grace Kennedy Ltd. / 10-Jul-08 / $2.37 / $2.37 / $2.37 / 1,675
Insurance Corporation Of Barbados Ltd. / 22-Jul-08 / $4.75 / $4.75 / $4.50 / $4.75 / 14,200 / 24,000
Jamaica Money Market Brokers Limited / 8-May-08 / $0.43 / $0.43 / $0.43 / 5,000
Light And Power Holdings Ltd 5.5% Pref / 8-Feb-08 / $3.10 / $3.10 / $3.10 / 4,000
Light and Power Holdings Ltd. / 7-Jul-08 / $11.43 / $11.43 / $11.42 / 10,514
Neal And Massey Holdings Ltd. / 17-Jul-08 / $19.02 / $19.02 / $19.02 / 17,616
One Caribbean Media Limited / 23-Jul-08 / 4,360 / $5.60 / $5.60 / $5.60 / $5.60 / $0.00
Sagicor Financial Corporation / 18-Jul-08 / $6.40 / $6.40 / $6.40 / 165,389
The West Indies Rum Distilleries Ltd. / 2-Apr-08 / $8.50 / $8.50
Trinidad Cement Ltd. / 30-Jun-08 / $2.75 / $2.75 / $2.65 / 10,000
West India Biscuit Co. Ltd. / 2-Jun-08 / $9.05 / $9.05 / $9.11 / 2,150
TOTAL SHARES BOUGHT & SOLD / 46,600
Junior Market
Sunbeach Communication Inc. / 7-Jul-08 / $0.28 / $0.28 / $0.28 / 13,200
Fixed Income
Bdos Govt Debenture 5.875%, 2018 / $97.00 / 6,000
Bdos Govt Debenture 7%, 2017 / $104.00 / 1,000
Bdos Govt Debenture 7.5%, 2012 / $105.00 / $106.00 / 22,000 / 13,000
Bdos Govt Debenture 7.75%, 2025 / $103.00 / 25,000
Bdos Govt Debenture 8%, 2011 / $105.00 / 36,000
Bdos Govt Debenture 8%, 2012 / $100.00 / 145,000
Bdos Govt Debenture 8.25%, 2008 / $95.00 / 25,000
Bdos Govt Debenture 8.5%, 2009 / $105.00 / 20,000
Bdos Govt T/Note 4.25%, 2013 / $99.00 / 10,000,000
Odd-Lot
ANSA McAl (Barbados) Ltd / 16-Apr-08 / $16.20 / $16.20
Almond Resorts Inc. / 13-Jun-08 / $2.05 / $2.05
BICO Limited / 16-Jul-08 / $1.90 / $1.90 / $1.86 / $1.90 / 610 / 325
Banks Holdings Ltd. / 23-Jul-08 / 100 / $4.39 / $4.39 / $4.39 / $4.39 / $0.00 / $4.39 / 843
Barbados Dairy Industries Ltd. / 3-Jul-08 / $6.00 / $6.00 / $5.40 / $6.00 / 236 / 867
Barbados Farms Ltd. / 22-Jul-08 / $3.50 / $3.50 / $3.50 / $3.73 / 49 / 702
Barbados National Bank Inc. / 9-Jul-08 / $6.45 / $6.45 / $6.45 / 123
Barbados Shipping & Trading Co. Ltd. / 6-Jun-08 / $8.25 / $8.25 / $8.00 / $8.50 / 71 / 690
Cable and Wireless Barbados Ltd / 18-Jul-08 / $4.60 / $4.60 / $4.60 / 579
Cave Shepherd and Co. Ltd. / 17-Jul-08 / $6.95 / $6.95 / $6.95 / 100
FirstCaribbean International Bank / 23-Jul-08 / 100 / $3.95 / $3.95 / $3.95 / $3.95 / $0.00 / $3.91 / $3.95 / 75 / 100
Fortress Caribbean Property Fund / 23-Jul-08 / 234 / $1.85 / $1.85 / $1.80 / $1.85 / $0.05 / $1.80 / 710
Goddard Enterprises Ltd. / 21-Jul-08 / $7.90 / $7.90 / $7.08 / 500
Grace Kennedy Ltd. / 5-Jun-08 / $2.15 / $2.15 / $2.04 / 500
Insurance Corporation Of Barbados Ltd. / 14-Jul-08 / $4.75 / $4.75 / $4.75 / 100
Jamaica Money Market Brokers Limited / 13-Mar-08 / $0.41 / $0.41
Light And Power Holdings Ltd 5.5% Pref / 19-Feb-08 / $3.10 / $3.10 / $3.10 / 697
Light and Power Holdings Ltd. / 23-Jul-08 / 550 / $12.05 / $12.00 / $12.00 / $12.05 / $0.05 / $11.45 / $12.05 / 550 / 660
Neal And Massey Holdings Ltd. / 23-Jul-08 / 335 / $19.50 / $19.50 / $19.50 / $19.50 / $0.00 / $19.50 / 335
One Caribbean Media Limited / 30-May-08 / $6.20 / $6.20 / $6.30 / 200
Sagicor Financial Corporation / 21-Jul-08 / $6.40 / $6.40 / $6.02 / $6.40 / 6 / 1,917
The West Indies Rum Distilleries Ltd. / 1-Apr-08 / $8.50 / $8.50 / $8.19 / 27
Trinidad Cement Ltd. / 25-Apr-08 / $2.52 / $2.52 / $2.52 / 220
West India Biscuit Co. Ltd. / 6-Jun-08 / $9.10 / $9.10 / $9.10 / 450
TOTAL SHARES BOUGHT & SOLD / 1,319
* = Security is Trading X-Div