JBG annouces IIC loan agreement

Jamaica Broilers Group Ltd has advised that it considers immaterial (for purposes of disclosure, in accordance with the rules of the Jamaica Stock Exchange,) the borrowings from the IIC of US$2M approved by the IIC in August 2010 and disbursed to the Company in September 2010. The loan made by IIC to the Company is a working Capital loan facility and was obtained in the normal course of business. The latest loan of US$2M from the IIC takes the Company`s borrowings from the IIC back to the approximate US$7M level of the original loan approved in June 2009.