SLU Beverages, Ltd. wishes to advise all shareholders of Banks Holdings Limited of its intention to amend its previous offer to purchase all issued and outstanding common shares in Banks Holdings Limited to an increased gross cash price of BDS $7.10 (seven Barbados dollars and ten cents), reduced by any Barbados Stock Exchange fees applicable to the shareholder. The amended offer will expire on December 17, 2015.

For further information and instructions on procedures to obtain amended offer documents and for acceptance of the amended offer, shareholders may visit or contact the Manager as follows:

FirstCaribbean International Trust and Merchant Bank (Barbados) Limited, Wealth Management

Address: 2nd Floor, Rendezvous, Christ Church, Barbados; or  3^rd Floor, Broad Street, Bridgetown, Barbados

Tel: (246) 467-8735 or (246) 467-8788

Fax: (246) 467-8839

Email: securities@cibcfcib.com

The amended offer has not been approved or disapproved by any securities regulatory authority nor has any securities regulatory authority passed judgment upon the fairness or merits of the amended offer or upon the adequacy of the information contained in this notice. This notice does not constitute an offer or solicitation in any jurisdiction to any person or entity to which it is unlawful to make such offer or solicitation in such jurisdiction.