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BHL Notice to Shareholders – December 7th

December 7, 2015

Pursuant to its obligations under the provisions of Section 60(3) of the Securities Act, Chapter 318A of the Laws of Barbados, the Directors of Banks Holdings Limited ('the Company') wish to advise that the Company has become aware that SLU Beverages Ltd. (‘SLU’) has, as a result of the acquisition on the floor of the Barbados Stock Exchange on Wednesday, 2nd December 2015 of 6,054,354 BHL shares at $7.10 per share, increased its shareholding in the Company to just over 50%.

The Directors have confirmed that the trades which took place on Wednesday, 2nd December 2015 have now been settled. SLU therefore now has a controlling interest in BHL.

Dated 7th December 2015


On behalf of the Board of Directors

G. Anthony King