Maritime Life (Caribbean) Limited is pleased to announce the investment of a significant but minority position in AIC Securities Limited subject to the necessary regulatory approvals. AIC Securities is a subsidiary of AIC Finance Limited, a company ultimately owned by Michael Lee Chin. AIC Securities provides primarily wealth management services, which include stock brokerage, portfolio management, and investment advisory services to persons and corporations in Trinidad. Wealth management and investment advisory services are services that Maritime Life (Caribbean) Limited currently does not provide to its 30,000 active clients and given the current market conditions, Maritime Life sees this as an opportune time to enter this market. The investment in AIC Securities is part of Maritime Life's strategy to provide all of the financial and economic products that meet the needs of our clients throughout their journey in life.

Further, with the latest acquisition by Manulife Mutual Funds of Michael Lee Chin's Canadian retail investment fund business, Maritime Life will now be able to provide its clients with access to the Manulife Mutual Funds. Manulife Mutual Funds is part of one of the largest global life insurers in the world, Manulife Financial, which manages over 475 billion US dollars. Apart from the core business of wealth management, Maritime sees this as a great opportunity to once again develop a relationship with Manulife, which would have been Maritime Life's parent company if the group had not localized. Manulife has become a leader in innovation for life insurance and wealth management products maintaining a similar approach of Maritime Life of prudently investing client funds. And given the current economic landscape characterized by high liquidity in the banking system it would suggest the need for alternative savings and investment products that are backed by a company such as Manulife.

Maritime Life (Caribbean) Limited, provides life, general, finance, and retail services to a Trinidad client base of 30,000 active clients with over 1.6 billion in assets under management. Maritime Life will be celebrating its 50th Anniversary of providing financial services to Trinidad citizens this year on April 1st, 2011.

Regards,

Andrew Ferguson

Chief Operating Officer