Port-of-Spain, Trinidad -- July 18, 2007 -- Yesterday AMCL Holdings, a wholly-owned subsidiary and affiliate of ANSA McAL Limited communicated its offer to purchase any and all of the outstanding Ordinary Shares of The Barbados Shipping & Trading Company Limited in its capacity as offeree issuer and will be open for acceptance until 5:00 p.m. (Barbados time) on August 21, 2007.

Full details of our offer is currently available to all shareholders in accordance with regulations of the Barbados Securities Commission and the Trinidad and Tobago Securities and Exchange Commission.

Source: ansamcal.com