TCL Group Announces Completion of Comprehensive Re-profiling

Port of Spain, Trinidad May 2012 - Trinidad Cement Limited (TTSE: TCL) and its subsidiaries (together the "TCL Group" or "TCL") announced that it has completed the re-profiling of the majority of the Company's outstanding debt. The re-profiling plan extends the maturities of approximately TT$1.95 billion in secured and unsecured obligations with more than 30 regional and international financial institutions and bondholders, providing for a quarterly amortisation schedule starting March 30, 2013, with a final maturity of December 30, 2018. Final documentation has been signed and all conditions precedent have been satisfied in full.

St. Kitts & Nevis Closes Exchange Offer

Basseterre, St Kitts, 19 April 2012 - The Government of St Kitts and Nevis announced today that it has closed its exchange offer launched pursuant to an Exchange Offer Memorandum dated 27 February2012, as amended by a press release dated 7 March 2012 (the "Exchange Offer Memorandum"). For the purposes of the Exchange Offer Memorandum, the Settlement Date is 18 April 2012.