Notice to Shareholders of Barbados Shipping and Trading Company Limited

ANSA McAL Limited announces its intention to make a cash offer of BD$7 per share on or about July 15th, 2007 to all the shareholders of Barbados Shipping & Trading Company Limited. Full details of our offer will be communicated to the shareholders in accordance with the regulations of The Securities Commisssion.

W. Keith Welch
Corporate Secretary