March 21, 2005

Grace, Kennedy – Agreement with Dyoll

Grace, Kennedy would like to clarify that the agreement entered into by Jamaica International Insurance Co. (JIIC) with Dyoll’s temporary manager relates only to its Jamaican policy portfolio and not

GraceKennedy Ltd.(GK)- Interim Dividend

The Board of Directors will at a meeting scheduled for Thursday, March 31, 2005, consider resolution for the declaration of an interim dividend.