BCB Holdings Limited Demerger of its Non‐Belizean Businesses

BCB Holdings Limited (London  ‐  AIM: BCB; Trinidad and Tobago Stock Exchange  ‐  BCBTT; Bermuda  ‐  BBHL) (the “Company”) today announces that at the General Meeting of the Company held today (Oct 26, 2011), a resolution approving the reorganisation of the Company and its subsidiaries (the “Group”) by the demerger of the Group’s non‐Belizean businesses to Waterloo Investment Holdings Limited (“WIHL”) was approved. The board of directors of the Company has also approved all relevant steps and the demerger is now effective.   Ordinary shares in WIHL will be traded on JP Jenkins from 27 October 2011 on a matched bargain basis.

In addition, the Company confirms that Andrew Ashcroft and Philip Johnson have now stepped down from the board of Directors and Cheryl Jones is now non‐executive Chairman.

The Company also confirms that the new exercise price for the warrants, which are admitted to trading on AIM, is US$1.95 and that the options in the Company have also been amended to reflect an exercise price of US$1.95. The options vest and become exercisable in three equal instalments on August 1 2012, August 1 2013 and August 1 2014 and they lapse on August 1 2019.