Date: May 17, 2018

Eppley Limited (EPLY) has advised that Eppley Fund Managers Limited, Fortress Fund Managers Limited and Altman Real Estate have completed their agreement signed in January 2018, pursuant to which Eppley Fund Managers Limited has now assumed all investment management and advisory responsibilities for the Fortress Caribbean Property Fund Limited SCC. Following a special shareholders’ meeting held in February, the Fund is now expected to be renamed the Eppley Caribbean Property Fund Limited SCC. Eppley Fund Managers Limited is a wholly owned subsidiary of Eppley Limited.