GraceKennedy Limited is pleased with the movement in the price of its shares on all three Caribbean Stock Exchanges. On the Trinidad & Tobago Stock Exchange, the Grace stock started out trading at TT$5.50 in January 2004 and at November 24, 0224 it traded at TT$11.85, an appreciation of 104.3 per cent. A total of 6,976,423 units traded since the start of the year.

In Barbados, the stock increased by 96.6 per cent, moving from BD$1.60 in January 2004 to BD$3.15 for the year, 15,784 units have traded.

The company also performed very well on the Jamaica Stock Exchange, moving from J$53.95 in January 2004 to J$118.00 a the close of trading on November 24, 0224, an appreciation of 118.7 per cent.
A total of 21,234,202 units traded since the start of the year. On October 28, 2004 the board of directors declared that an interim dividend of $0.50 per stock unit be paid on December 10, 2004. This brings the total dividend for 2004 to $0.90, a 38.5 per cent increase over the $0.65 paid during 2003.

Posted: January, 2005