JBG Entered Agreement to Acquire US Hatchery

Jamaica Broilers Group Limited (JBG) has advised that it has entered into an agreement on July 17, 2013, to acquire a leading producer and broker of broiler hatching eggs in the United States of America. This acquisition, if concluded, is expected to result in the doubling of JBG`s fertile egg production output in the United States. Completion of the acquisition, which is subject to certain conditions, is expected to be within forty-five (45) days. Under the terms of the transaction, the purchase price is to remain confidential until completion.