Sep 2007 Financial News

NEAL & MASSY INCREASES ITS SHAREHOLDING IN BS&T

Sep 25, 2007

Neal & Massy Holdings Limited (“Neal & Massy”) wishes to advise that, pursuant to by-law 6(3) of the Securities Industry (Take-Over) By-Laws, 2005 of Trinidad and Tobago, it purchased 3,786,543 Shares of The Barbados Shipping and Trading Company Limited (“BS&T”) today, Friday, September 21, 2007.

The Shares of BS&T were purchased on the Trinidad and Tobago Stock Exchange at a price of TT$28.35 per Share.

This share purchase increases the total number of BS&T Shares owned by Neal & Massy (directly and indirectly through its subsidiary, Neal & Massy (Barbados) Limited), as at Friday, September 21, 2007, to 21,167,769 BS&T Shares or 27.90% of the issued and outstanding Shares of BS&T.

ENDS


About the Neal and Massy Group of Companies

The Neal and Massy Group is a conglomerate operating in the majority of the English-Speaking countries of the Caribbean. We have been in business for over 80 years, operating across a wide spectrum of industries, offering a range of quality services and representing several international brands. Visit our corporate website at www.neal-and-massy.com

For more information, please contact:

Ms. Candace Ali
Group Communications Officer
Neal & Massy Limited

T 625 3433
F 627 9061
E cali@neal-and-massy.com

Source:
Neal & Massy Limited
Tuesday 25th September, 2007