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Island Press (Holdings) Limited Reports Delay In Filing Annual Report

Hamilton, Bermuda:  31st March 2005 -- At the request of Island Press (Holdings) Ltd, the Bermuda Stock Exchange has granted a six month extension to the Company for the filing of their annual financial statements until 30th September 2005.

 

This extension has been granted as a result of extensive damage to the offices of the Company's Cayman subsidiary, Caribbean Publishing Company Limited, in Hurricane Ivan. Loss of documentation due to flooding has caused delay in the audit.  Caribbean Publishing Company Limited has since acquired alternative office accommodation in Grand Cayman and continues to trade as normal.