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Carreras – Sale of Insurance company and Capital Distribution

Twickenham Insurance Company has been sold to Globe Holdings Ltd in which the completion date for the transaction was September 6, 2004. Arising from the transaction Carreras Gp. Ltd received proceeds of USD$ 31,943,858.13. At a Board of Directors meeting held on September 8, 2004, Directors declared a Special Capital

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Carreras Group Ltd.(CAR)- AGM

The Forty-second Annual General Meeting of the Stockholders of the Company will be held in the El Dorado Room, Terra Nova Hotel, 17 Waterloo Road, Kingston 10, on September 14, 2004, at 2:00 p.m.

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Carreras Limited (CAR) – Dividend

The Directors have declared a second interim dividend of $2.00 per stock unit to be paid on Wednesday, June 30, 2004 to stockholders as shown by the register of members on Friday, June 18, 2004.

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