ANSA McAL Limited (ANSA McAL) is advising all shareholders of Banks Holding Limited (BHL) of its intention to amend its offer to purchase 100 percent of the issued Common shares in Banks Holdings Limited (BHL) to BBD $7.00.

This amended offer represents an increase of $1 over the last offer made by ANSA McAL on November 3, 2015, and 80 cents over the current competitor’s offer.

All shareholders will receive a hard copy of this new offer through the mail, by November 23, 2015.

BHL shareholders are also advised that they may then view an online copy of the new offer on the company’s website: www.ansamcal.com

Copies of the amended share offer will be available at two locations by November 23, 2015 : The Dealer/Manager’s Office, Republic Finance and Trust (Barbados) Corporation, Mezzanine Floor, Republic Bank, Broad Street, Bridgetown; and at the office of ANSA McAL (Barbados Limited), Wildey, St. Michael.

President, CEO of ANSA McAL (Barbados) Limited, Nicholas Mouttet said that the company is looking forward to a positive response from the BHL shareholders to this new offer.