Pegasus Hotels of Jamaica Limited (PEG)- Dividend Payment

Pegasus Hotels of Jamaica Limited has advised that a dividend payment of $0.20 per stock unit was declared at a Directors Meeting held on June 30, 2008. Record date is 9^th July 2008 and payment date is 24^th July, 2008. The X date is July 7, 2008.

The Register of Members will be closed on Wednesday, 9^th July, 2008 to be re-opened on Tuesday, 15^th July 2008.