Jun 2007 Financial News

Neal & Massy and BS&T Planned Merger

Jun 04, 2007

SECURITIES COMMISSIONS GRANT REQUISITE APPROVALS

The directors of Neal & Massy Holdings Limited (Neal & Massy) and The Barbados Shipping & Trading Company Limited (BS&T) are pleased to announce that the requisite approvals, with respect to the planned merger, have been granted by the Trinidad and Tobago Securities and Exchange Commission and the Barbados Securities Commission.

Within the coming week, shareholders of both companies will receive a package which will include an Information Circular containing full details of the merger including benefits of the transaction, the supporting financial data and exchange ratio of the shares between the two corporations and the process by which the merger is proposed to be achieved.

The package will also include a notice advising on the scheduling of the special meetings of shareholders.

For more information on both companies visit www.neal-and-massy.com or www.bsandtco.com

Source:
The Sunday Express, Page 21
June 3, 2007