December 14, 1999

Radio Jamaica Ltd. (RJR) – Director Resigns

Mr. Aulous Madden, a Director of the Company has resigned from directorship effective November 30, 1999. Mr. Madden has had to resign due to the burden of his overseas travelling

First Life – Acquisition

A subsidiary of the company, Pan Caribbean Investments Ltd. has acquired 5% of the shareholding of Trafalgar Development Bank, bringing the consolidated holding of First Life to 20%. “First Life