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GK Foods USA Acquires La Fe Foods Inc Published: 25 July 2014

On July 18, 2014 GraceKennedy Limited (GK) announced that its wholly owned subsidiary GraceKennedy Foods (USA) LLC has entered into an agreement to purchase the operating assets and business of La Fe Foods Inc., including its brand. GK advised that La Fe Foods Inc. is the top Hispanic Brand in the frozen food category in Northeast USA. La Fe Foods Inc. which was established in 1968 currently has revenues of approximately US$80 million. The acquisition comes at a purchase price of US$26 million. Subsequent to the acquisition of La Fe Foods Inc., GK has advised of the following senior management changes with immediate effect: Mr. Michael Ranglin has been appointed President & CEO of GraceKennedy Foods (USA) LLC, while retaining his substantive positon as the CEO of the GK Foods Division and will be based in New Jersey. Mr. Ryan Mack, who was recently appointed Deputy CEO of GK Foods, will assume oversight for Grace Foods and Services and Manufacturing. Mrs. Andrea Coy, Senior General Manager, Global Category Management, will have oversight responsibility for the Hi-Lo Supermarket chain and World Brands.

JPS to Consider Dividend Payment on Preference Shares Published: 25 July 2014

The Board of Directors of Jamaica Public Service Company Limited will consider the declaration of quarterly dividends for the periods ended March 28 and June 28, 2014 on the Company`s Class F Cumulative Non-Redeemable Preference Shares at a meeting to be held on July 31, 2014. The payment will be made on August 15, 2014 to shareholders on record as at August 4, 2014.

Access Financial Limited Legal Disclosures Published: 25 July 2014

Disclosure in relation to Access Financial Services Limited:

By Claim Form filed in the Commercial Division of the Supreme Court of Jamaica on June 14, 2014, the Company initiated proceedings which claim that moneys spent on renovating the building which houses the Company`s head office was done so to the detriment of the Company.The Defendants to the claim are the Company`s Chief Executive Officer, Mr. Marcus James; Renew Limited, the leaseholder of the premises, (a company of which Mr. Marcus James is the sole shareholder and director); Nenan Limited, the owner of the premises, (a company owned and operated by the parents of Mr. James); and Mr. Neville James (The father of Mr. Marcus James). The proceedings allege that the Company`s Chief Executive Officer, Mr. Marcus James, spent moneys on the renovation of the building which houses the Company`s head office without the authorisation of the board, in breach of his fiduciary duties and his contractual obligations and/or negligently. It is alleged that the Defendants conspired to injure the Claimant in relation to the leasehold improvements. It is further alleged in the proceedings that the Defendants were unjustly enriched by the renovations done to the head office premises. The proceedings indicate that the Claimant is claiming the sum of $33,000,000.00 from the Defendants as well as damages.

AFS to Consider Dividend Payment Published: 25 July 2014

The Board of Directors of Access Financial Services Limited will consider making a dividend payment at a meeting to be held on July 31, 2014.

Carreras Limited - Special Capital Cash Distribution Published: 14 July 2014

Carreras Limited has advised that the Directors
declared a special capital cash distribution of $1.34 per stock unit to be paid
out of proceeds received from the liquidation of a subsidiary, pending the
granting of a transfer tax exemption pursuant to the Transfer Tax Act. The
special capital cash distribution will be paid on July 31, 2014 to stockholders
on record as at July 18, 2014. Ex date July 16, 2014.

GraceKennedy Ltd - Dividend Consideration Published: 14 July 2014

GraceKennedy Ltd advised that the Board of Directors
will on Thursday, July 31, 2014 consider a resolution for the declaration of an
interim dividend to be paid in September 2014.

Scotia Group Jamaica - Appointment Published: 03 July 2014

Scotia Group Jamaica has advised that Mrs. Debra Lopez-Spence has been appointed Vice President, SME of The Bank of Nova Scotia Jamaica Ltd, subsidiary of Scotia Group Jamaica Ltd effective July 7, 2014.

Jamaica Stock Exchange - Cess Increase Published: 03 July 2014

Jamaica Stock Exchange wishes to advise Shareholders of public listed companies that effective July 1, 2014 Cess levied on transactions across the floor of the Exchange will be increased by 0.10% that is 0.05% on each side of a transaction. The Cess charge that will therefore be reflected on the Contract Notes issued by Brokers for the purchase or sale of shares will be 0.25% on each side of a transaction effective July 1, 2014.