Pan Caribbean Financial Services Ltd

Effective June 10, 2008, Pan Caribbean Financial Services Limited sold its 25% interest in Manufacturers Credit & Information Services Limited (“MCIS”) to Management Control Systems Limited, a subsidiary of Jamaica National Building Society.  The transaction value was J$78 Million in cash. MCIS provides fleet management services through its Advance Card product. As a result of this transaction, MCIS is now a wholly owned subsidiary of the Jamaica National Group.