WATERLOO INVESTMENT HOLDINGS LIMITED ANNOUNCES 2013 RESULTS (Excerpt)

Hamilton, Bermuda – 27 September, 2013 – Waterloo Investment Holdings Limited (the "Company" or “WIHL”; Ticker: WIHL.BH) reported net income of $13.4m for the year ended March 31, 2013 (2012 - net loss -  $44.7m) and net income per ordinary share for the year of $0.13 (2012 net loss – $0.45).

At March 31, 2013 total assets were $521.1m (March 31, 2012 - $503.8m) and net assets were $269.8m (March 31, 2012 - $256.5m).

The improvement in results was achieved by continued growth in income from associates and a substantial reduction of provisions in both the British Caribbean Bank and the Investment Division. Further information on the Company’s performance is available in the Annual Report which is being mailed to shareholders shortly.

Background

WIHL is an investment holding company incorporated in the British Virgin Islands. WIHL owns the British Caribbean Bank Limited, a financial services business in the Turks and Caicos Islands and, through various subsidiaries, substantial other investment interests in the Turks and Caicos Islands, principally through secured loans. WIHL also holds an approximate 25 percent interest in a successful and market-leading edible oil processing and distribution operation in Latin America. The Company also has an investment in the form of secured loans to the largest port in Belize. 

For further information and the full text of this release contact:

Waterloo Investment Holdings Limited

101 Governors Road,

Leeward, Providenciales,

Turks & Caicos Islands, B.W.I.

Note: This and other press releases are available at the Company’s web site: http://www.WIHL.com

Bermuda Listing Sponsor:

Appleby Securities (Bermuda) Limited

Attn: Mr. Sherman Taylor       Tel: (441) 298-3582