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Cayman Islands Government

Turtle Farm MD Resigns

Boatswain's Beach (Cayman Turtle Farm Ltd.) wishes to announce that Mr Joseph Ebanks has resigned as managing director of the company effective 24 March 2009.

The Board of Directors of the Company has appointed an interim management team comprised of existing staff who will take on additional responsibilities for the facility.

The team will be led by Acting Managing Director Joe Parsons, who is the chief scientific officer and has some 21 years experience at the facility. Mr Parsons will be assisted by Mr. Vijay Parabdeen, who will assume the role of acting chief operating officer with responsibility for financial matters and special projects.

In addition, the team includes two acting assistant managing directors, Mr Chris Jackson who has responsibility for the physical plant /mechanical issues and Mr Raymond Hydes who has responsibility for tour and food and beverage operations.

The terms of Mr Joseph Ebanks' separation are still being finalised with the advice of the company's attorneys; thus the company is unable to comment further at this time.

For further information contact: Prudence Barnes