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Acceptance And Extension Of The National Debt Exchange ("NDX")

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Yesterday, the Government of Jamaica announced that it will accept and settle submissions in excess of 97 percent of bonds eligible for the NDX, which was announced on February 12, 2013.

The Government of Jamaica is thankful for the strong participation from across the country and from all segments of the investor community.

In order to process additional instructions and accommodate the remaining non-participants, the Government of Jamaica has announced that it will extend the submission window to Thursday, February 28, 2013.

The Bondholder Communications Group website will remain open through 2 pm on Thursday, February 28, 2013. Those transactions settled during the extension period will be treated as if settled on February 22, 2013. If any bonds pay interest in the interim period, adjustments will be made to provide for equivalent treatment, as calculated by the Government of Jamaica.

Further information and updates will be available on the website of the Ministry of Finance and Planning (www.mof.gov.jm).

The final term sheets will be posted on this website today February 22, 2013.

The New Benchmark Notes will not be offered in the United States and will not be registered under the US Securities Act of 1933, as amended (the Act). The New Benchmark Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Act.



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