BCB Holdings Ltd. – Releases Year-End Results (Excerpt)

Belize City, Belize – 02 October, 2012 – In a filing to the Bermuda Stock Exchange (“BSX”), BCB Holdings Limited (the “Company”; Tickers: AIM: BCB; Trinidad and Tobago Stock Exchange: BCB.TT; Bermuda Stock Exchange: BCBH.BH) releases the latest audited financial report to 31 March, 2012.

Background

The demerger by BCB Holdings Limited of Waterloo Investment Holdings Limited, which owns BCB Holdings Limited's former non-Belizean businesses, became effective on October 26, 2011 (the “Demerger”). The Demerger was the subject of a Circular to the Company’s shareholders dated October 19, 2011 (the “Circular”) to which reference should be made.

As a result of the Demerger, the Company’s Financial Services division now operates principally through Belize Bank Limited and internationally through Belize Bank International Limited, both of which are based in Belize. Within Belize, Belize Bank is the largest, full service commercial and retail banking operation with a head office in Belize City and thirteen branches extending into each of the six districts of Belize. The principal operations of Belize Bank are commercial lending, consumer lending, deposit-taking and related banking activities.

Financial Information

The financial information included in this report, as at and for the periods ended March 31, 2012, reflects the impact of the Demerger, which became effective on October 26, 2011. In accordance with accounting standards, the income statements for the three month and twelve month periods ended March 31, 2012 have been presented to separately disclose the results from continuing and discontinued operations. All prior period financial information included in this report has been appropriately restated to present continuing operations and discontinued operations separately in the income statements for all periods and in the balance sheet at March 31, 2011.

Results - three months ended March 31, 2012

On this basis, the Company reported a net loss from continuing operations of $5.8m for the three months ended March 31, 2012 (2011 – net loss $19.6m), the final quarter of fiscal 2012, and a net loss per ordinary share from continuing operations for the quarter of $0.06 (2011 – net loss $0.20).

Results - twelve months ended March 31, 2012

For the twelve months ended March 31, 2012, the Company reported a net loss from continuing operations of $14.5m (2011 – net loss $19.7m). Loss per ordinary share from continuing operations for the twelve months ended March 31, 2012 was $0.14 (2011 - $0.20).

Balance sheet - at March 31, 2012

At March 31, 2012 total assets were $675.2m (March 31, 2011 - $962.3m) and net assets were $108.0m (March 31, 2011 - $421.3m), the March 31, 2012 figures fully reflecting the effects of the Demerger.

The annual report for the Company has been sent to shareholders.

For further information contact:

Makinson Cowell BCB Holdings Limited

+1 (212) 994 9044 UK +44 (0)20 7248 6700

Belize +501 227 7178

Note: The full text of this and other press releases are available at the Company’s web site: http://www.bcbholdings.com