TRADING REPORT

July 15, 2011

One security declined as 7,000 shares traded on the Regular Market, with a total value of $14,050.00.

Barbados Farms Ltd was the sole security trading 7,000 shares at a high of $2.01 and a low of $2.00 before closing down nineteen (19) cents at $2.01.

Regular Market

Security / Volume / High / Low / Price / Advance/
Decline
BARBADOS FARMS LTD / 7,000 / $2.01 / $2.00 / $2.01 / -$0.19

There was no activity today on the Odd-Lot Market.

INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
July 15, 2011 / July 14, 2011
Local / 3,330.58 / 3,336.37 / (5.79)
Cross-list / 1,181.39 / 1,181.39 / -
Composite / 739.99 / 740.81 / (0.81)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
July 15, 2011 / July 14, 2011
Local / 9,068.87 / 9,072.79 / (3.92)
Cross-list / 1,953.27 / 1,953.27 / -
Composite / 11,030.09 / 11,034.01 / (3.92)

MUTUAL FUNDS

July 15, 2011
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
08-Jul-11 / BNB CAPITAL GROWTH FUND / w / 1.2702 / -0.0029
08-Jul-11 / BNB INCOME FUND -* / w / 1.3098 / -0.0120
08-Jul-11 / BNB PROPERTY FUND / w / 1.6158 / -0.0003
30-Jun-11 / CLICO BALANCED FUND INC. / w / 1.206 / -0.0020
08-Jul-11 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.6585 / 4.6585 / 4.6585 / -0.0401
08-Jul-11 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.7094 / 0.0032
08-Jul-11 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0124 / 0.0019
31-May-11 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.7480 / 4.7480 / 4.6530 / -0.0286
31-May-11 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8821 / 0.8821 / 0.8645 / -0.0022
31-May-11 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.1720 / 1.1720 / 1.1486 / 0.0076
08-Jul-11 / SAGICOR GLOBAL BALANCED FUND / w / 2.26 / 0.01
08-Jul-11 / SAGICOR SELECT GROWTH FUND / w / 1.17 / 0.01
08-Jul-11 / SAGICOR PREFERRED INCOME FUND -* / w / 1.07 / 0.00
* Indicates the Fund is currently ex-div

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

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


NEWS

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

ANNUAL GENERAL MEETING

Trinidad Cement Limited - Directors have fixed June 20th, 2011 as the record date for the determination of shareholders entitled to receive notice of the Annual General Meeting of Shareholders to be held on July 15th, 2011.

DIVIDEND DECLARATION

Cable and Wireless Barbados Limited – Directors have declared a final dividend of fourteen point five (14.5) cents and a special dividend of fifteen point two (15.2) cents per share to be paid on July 15th, 2011 to Shareholders on record at close of business on June 24th, 2011.

Goddard Enterprises Limited – Directors have declared a interim dividend to be paid on August 31st, 2011 to Shareholders on record at close of business on July 29th, 2011.

***BSE NOTICE***

The Sagicor Financial Corporation Rights Issue of 12,269,938 Common Shares at US $1.63 or BBD $3.26 per New Common Share and a New Issue of 120,000,000 New Convertible Redeemable Preference Shares at USD $1.00 or BBD $2.00 per New Convertible Preference Share ("The Offer").

Qualified Shareholders are reminded that the Offer will close at 12:00 p.m. on Tuesday July 5 2011 (the "Expiry Date").

Shareholders who wish to participate should submit their signed and completed application form, cheque or banker's draft, and any other information required by the Subscription Agent by the Expiry Date.

Subscription Agents are as follows: In Barbados - Royal Fidelity Merchant Bank and Trust (Barbados) Limited, Royal Fidelity House, #27 Pine Road, St. Michael, BB 11113, Tel. +1 (246) 435-1955. In Trinidad - West Indies Stock Brokers Limited, St. Clair Place, 8 Sweet Briar Road, P.O. Box 259, Port of Spain, Trinidad, Tel: +1 (868) 628-9473. For further details on the revised expected timetable of the Offer please see Sagicor Financial Corporation’s press release in your local press.

A Report on subscriptions received will be published by 19 July 2011 after International Finance Corporation has completed its subscription and after the new Common Shares and new Convertible Redeemable Preference Shares have been allotted.

8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /
SHARE SUMMARY INFORMATION /
Friday July 15, 2011 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ANSA McAl (Barbados) Ltd / 19-Jan-11 / $11.75 / $11.75
Almond Resorts Inc. / 23-Jun-11 / $1.00 / $1.00 / $1.30 / 6,550
BICO Limited / 13-Jul-11 / $1.86 / $1.86 / $1.50 / $1.86 / 4,456 / 2,000
Banks Holdings Ltd. / 13-Jul-11 / $3.84 / $3.84 / $3.25 / $3.84 / 10,000 / 15,907
Barbados Dairy Industries Ltd. / 21-May-10 / $5.29 / $5.29 / $3.00 / $5.25 / 1,000 / 6,286
Barbados Farms Ltd. / 15-Jul-11 / 7,000 / $2.01 / $2.00 / $2.20 / $2.01 / -$0.19 / $2.00 / 9,357
Barbados National Bank Inc. / 12-Apr-11 / $5.50 / $5.50 / $5.50 / 19,400
Barbados Shipping & Trading Co. Ltd. / 18-Oct-10 / $7.58 / $7.58 / $3.80 / $7.57 / 3,697 / 3,697
Cable and Wireless Barbados Ltd -* / 14-Jul-11 / $5.38 / $5.38 / $5.39 / 4,538
Cave Shepherd and Co. Ltd. / 11-Jul-11 / $4.60 / $4.60 / $4.36 / $5.00 / 6,570 / 10,000
FirstCaribbean International Bank / 26-May-11 / $3.13 / $3.13 / $3.13 / 42,021
Fortress Caribbean Property Fund / 13-Jul-11 / $1.13 / $1.13 / $1.00 / $1.13 / 10,000 / 27,858
Goddard Enterprises Ltd. / 13-Jul-11 / $6.00 / $6.00 / $6.00 / $6.14 / 10,000 / 1,000
Insurance Corporation Of Barbados Ltd. / 13-Jul-11 / $3.01 / $3.01 / $3.00 / $3.01 / 18,854 / 4,400
Jamaica Money Market Brokers Limited / 24-Jun-11 / $0.10 / $0.10 / $0.10 / $0.39 / 166,688 / 6,840
Light and Power Holdings Ltd 5.5% Pref / 06-Jul-10 / $3.11 / $3.11 / $3.11 / 4,000
Light and Power Holdings Ltd. / 30-Jun-11 / $25.70 / $25.70 / $25.70 / 1,000
Neal And Massy Holdings Ltd. / 28-Jun-11 / $14.10 / $14.10 / $13.90 / $14.09 / 40,000 / 6,908
One Caribbean Media Limited / 25-May-11 / $3.05 / $3.05 / $3.00 / 10,000
Sagicor Financial Corporation / 14-Jul-11 / $2.70 / $2.70 / $2.65 / $2.74 / 3,690 / 17,540
The West Indies Rum Distilleries Ltd. / 16-Dec-09 / $8.50 / $8.50 / $8.50 / 1,000
Trinidad Cement Ltd. / 22-Jun-11 / $0.80 / $0.80 / $0.70 / $2.00 / 9,158 / 1,100
West India Biscuit Co. Ltd. / 20-Apr-11 / $10.00 / $10.00 / $10.00 / 2,093
TOTAL SHARES BOUGHT & SOLD / 7,000
Junior Market
Royal Fidelity TIGRS A Fund / 09-Jun-11 / $10.75 / $10.75 / $10.95 / 1,000
Royal Fidelity TIGRS A1 Fund / $10.00 / $10.00 / $9.30 / 10
Sagicor Financial Corporation Rights ** / 01-Jul-11 / $0.05 / $0.03 / 5,514
Fixed Income
Barbados Government Debenture 6.75% 2022 / 17-Jun-11 / $100.00 / 1,000
Barbados Government Debenture 8% 2012 / $108.00 / 10,000
Barbados Government T/Note 7.50% 2012 / 28-Dec-10 / $106.50 / 10,000
Odd-Lot
ANSA McAl (Barbados) Ltd / 29-Nov-10 / $14.70 / $14.70
Almond Resorts Inc. / 14-Dec-10 / $1.75 / $1.75 / $1.75 / 847
BICO Limited / 12-Apr-11 / $1.50 / $1.50
Banks Holdings Ltd. / 13-Jul-11 / $3.85 / $3.85 / $3.80 / $3.85 / 52 / 450
Barbados Dairy Industries Ltd. / 31-Jan-11 / $6.00 / $6.00 / $4.80 / $6.00 / 500 / 200
Barbados Farms Ltd. / 05-Jul-11 / $2.45 / $2.45 / $2.20 / 390
Barbados National Bank Inc. / 24-May-11 / $5.50 / $5.50 / $3.00 / $5.45 / 995 / 200
Barbados Shipping & Trading Co. Ltd. / 01-Mar-11 / $7.30 / $7.30 / $7.30 / 1,965
Cable and Wireless Barbados Ltd / 14-Jul-11 / $5.38 / $5.38 / $5.38 / 102
Cave Shepherd and Co. Ltd. / 01-Jul-11 / $4.60 / $4.60 / $4.29 / $5.00 / 70 / 381
FirstCaribbean International Bank / 11-Jul-11 / $3.10 / $3.10 / $3.10 / $3.15 / 50 / 1,145
Fortress Caribbean Property Fund / 15-Mar-11 / $1.15 / $1.15 / $1.13 / 975
Goddard Enterprises Ltd. / 13-Jul-11 / $6.00 / $6.00 / $5.85 / 38
Insurance Corporation Of Barbados Ltd. / 11-Jul-11 / $3.00 / $3.00 / $4.74 / 500
Jamaica Money Market Brokers Limited / 22-Nov-10 / $0.10 / $0.10
Light And Power Holdings Ltd 5.5% Pref / 24-Jun-11 / $3.10 / $3.10
Light and Power Holdings Ltd. / 05-Jul-11 / $25.70 / $25.70 / $12.01 / $25.70 / 25 / 1,356
Neal And Massy Holdings Ltd. / 23-Jun-11 / $13.90 / $13.90 / $13.60 / $14.87 / 35 / 93
One Caribbean Media Limited / 27-Jun-11 / $3.05 / $3.05 / $3.05 / $5.70 / 200 / 300
Sagicor Financial Corporation / 12-Jul-11 / $2.91 / $2.91 / $2.75 / $2.80 / 123 / 100
The West Indies Rum Distilleries Ltd. / 01-Jul-10 / $8.20 / $8.20
Trinidad Cement Ltd. / 08-Oct-08 / $2.50 / $2.50 / $1.00 / $1.50 / 90 / 967
West India Biscuit Co. Ltd. / 04-Mar-11 / $10.00 / $10.00 / $9.16 / 50
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued

Week in Review

This week, the Regular Market traded a total volume of 57,474 shares. The top three companies traded were Insurance Corporation Of Barbados Ltd with 16,246, Banks Holdings Ltd with 8,000 and Barbados Farms Ltd with 7,000 shares.

Regular Market

Security / Volume
INSURANCE CORPORATION OF BARBADOS LTD / 16,246
BANKS HOLDINGS LIMITED / 8,000
BARBADOS FARMS LTD / 7,000
GODDARD ENTERPRISES LTD / 6,682
CAVE SHEPHERD & CO LTD / 6,000
CABLE & WIRELESS (BARBADOS) LTD / 4,546
BICO LTD / 3,000
SAGICOR FINANCIAL CORPORATION / 3,000
FORTRESS CARIBBEAN PROPERTY FUND LTD / 3,000

On the Odd-Lot Market this week 3,015 shares traded.

Odd-Lot Market

Security / Volume
CABLE & WIRELESS (BARBADOS) LTD / 853
GODDARD ENTERPRISES LTD / 826
FIRSTCARIBBEAN INTERNATIONAL BANK / 700
INSURANCE CORPORATION OF BARBADOS LTD / 500
BANKS HOLDINGS LIMITED / 100
SAGICOR FINANCIAL CORPORATION / 36

Fixed Income Market

Security / Volume
Barbados Government Debenture 4.75% 2016 / 12,000
Barbados Government Debenture 6.125% 2021 / 6,000
Barbados Government T/Note 5.875% 2014 / 5,000
Barbados Government Debenture 6.75% 2021 / 3,000
Barbados Government Debenture 8% 2011 / 1,000
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
July 15, 2011 / July 8, 2011
Local / 3,330.58 / 3,328.41 / 2.17
Cross-list / 1,181.39 / 1,181.39 / -
Composite / 739.99 / 739.69 / 0.30
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
July 15, 2011 / July 8, 2011
Local / 9,068.87 / 9,094.98 / (26.11)
Cross-list / 1,953.27 / 1,953.27 / -
Composite / 11,030.09 / 11,056.20 / (26.11)
BARBADOS STOCK EXCHANGE INC.
8th Avenue, Belleville, ST. MICHAEL. BARBADOS. / TEL:436-9871/72 FAX 429-8942
Advancers/ Decliners for the Week Ending : / July 15th 2011 / WEBSITE: www.bse.com.bb
SECURITY / LAST / THIS
LAST / WEEK'S / WEEK'S / WEEK'S / WEEK'S / WEEK'S
TRADING DATE / VOLUME / CLOSE / CLOSE / CHGE / HIGH / LOW
mm.dd.yyyy
ANSA McAL (Barbados) Ltd. / 01.19.2011 / - / 11.75 / 11.75 / - / - / -
Almond Resorts Inc. / 06.23.2011 / - / 1.00 / 1.00 / - / - / -
BICO Limited / 07.13.2011 / 3,000 / 1.50 / 1.86 / 0.36 / 1.86 / 1.86
Banks Holdings / 07.13.2011 / 8,000 / 3.85 / 3.84 / (0.01) / 3.84 / 3.84
B'dos Dairy Ind. / 05.21.2010 / - / 5.29 / 5.29 / - / - / -
B'dos Farms / 07.15.2011 / 7,000 / 2.20 / 2.01 / (0.19) / 2.01 / 2.00
B'dos National Bank Inc. / 04.12.2011 / - / 5.50 / 5.50 / - / - / -
B'dos Shipping & Trading / 10.18.2010 / - / 7.58 / 7.58 / - / - / -
C&W BARBADOS / 07.14.2011 / 4,546 / 5.39 / 5.38 / (0.01) / 5.38 / 5.38
Cave Shepherd / 07.11.2011 / 6,000 / 4.60 / 4.60 / - / 4.60 / 4.60
FirstCaribbean International Bank / 05.26.2011 / - / 3.13 / 3.13 / - / - / -
Fortress Caribbean Property Fund / 07.13.2011 / 3,000 / 1.13 / 1.13 / - / 1.13 / 1.13
Goddard Enterprises Ltd. / 07.13.2011 / 6,682 / 6.00 / 6.00 / - / 6.00 / 6.00
Insurance Corporation of B'dos / 07.13.2011 / 16,246 / 2.95 / 3.01 / 0.06 / 3.01 / 3.00
Jamaica Money Market Brokers / 06.24.2011 / - / 0.10 / 0.10 / - / - / -
Light & Power Holdings / 06.30.2011 / - / 25.70 / 25.70 / - / - / -
Neal & Massy / 06.28.2011 / - / 14.10 / 14.10 / - / - / -
One Caribbean Media Limited / 05.25.2011 / - / 3.05 / 3.05 / - / - / -
Sagicor Financial Corp. / 07.14.2011 / 3,000 / 2.78 / 2.70 / (0.08) / 2.70 / 2.70
The West Indies Rum Distillery Limited / 12.16.2009 / - / 8.50 / 8.50 / - / - / -
Trinidad Cement Ltd / 06.22.2011 / - / 0.80 / 0.80 / - / - / -
West India Biscuit Co. / 04.20.2011 / - / 10.00 / 10.00 / - / - / -
PREFERRED
LPH 5.5% / 07.06.2010 / - / 3.11 / 3.11 / - / - / -
TOTAL SHARES BOUGHT & SOLD / 57,474
JUNIOR MARKET
Royal Fidelity TIGRS A Fund / 06.09.2011 / - / 10.75 / 10.75 / - / - / -
Royal Fidelity TIGRS A1 Fund / 01.00.1900 / - / 10.00 / 10.00 / - / - / -
TOTAL SHARES BOUGHT & SOLD / -
** Traded at its closing prices