GraceKennedy - To Delist from BSE & ECSE

GraceKennedy Limited (GK) has advised that a decision was taken to delist its stock from the Barbados Stock Exchange (BSE) and Eastern Caribbean Securities Exchange (ECSE) as of the close of business on June 30, 2010 (the effective Date).

The decision to delist was taken primarily due to the low levels of trading in GK`s stock on both these exchanges which do not justify the costs associated with maintaining the listings. The company will however continue to maintain the listings on the Jamaica and Trinidad & Tobago stock exchanges. GK values the support and interest of its stakeholders in Barbados and the Eastern Caribbean and the delisting on these stock exchanges will not prevent its stockholders in these territories from continuing to maintaintheir investment in GK through either:

(i) the withdrawal of their stockholdings from the relevant central securities depository in Barbados or the Eastern Caribbean and request for a physical stock certificate in their own name or;

(ii) the transfer of their stockholdings from the Barbados Central Securities Depository or the Eastern Caribbean Securities Depository as the case may be to the Jamaica Central Securities Depository or the Trinidad and Tobago Central Securities Depository.