Capital G Announces Amalgamation with Kast Investment Management Ltd.

HAMILTON, Bermuda, January 18 - Today, Capital G Investments Limited ("Capital G") announced its
amalgamation with Bermudian company Kast Investment Management Ltd ("KAST")
bringing its total assets under management to more than US$650 million and a
total client base of over 400.

(Photo: www.newscom.com/cgi-bin/prnh/20100118/CL39164 )

KAST is an independent investment management company formed in 1991 by
Anne Kast and has seen tremendous growth based on its core mission to provide
clients with the very best investment advice, long-term growth and superior
customer service.

"KAST is an investment company that is fully licensed by the Bermuda
Monetary Authority and has over US$250 million in assets under management
spread across more than 250 clients and comes with the highly regarded
President and Investment Manager, Ms. Anne Kast, who is known for her
distinction in client services," stated Mr. Joel Schaefer, President and CEO
of Capital G Investments Limited.

"The amalgamation is part of a long-term strategic plan to grow our
investment business while providing clients of the Capital G Limited Group,
which includes Private Banking, Investments and Trusts, with access to best
of breed investment advice, global reach, diversification of instruments and
an expanded investment management network. KAST provides Capital G with a
unique opportunity to become affiliated with a strong performing and well
established investment business," continued Mr. Schaefer.

KAST has relationships with internationally-recognized fund management
companies such as GAM, Schroders, Barings, Fidelity and JP Morgan Fleming to
name a few. Under the direction of Ms. Kast and the expertise of a variety of
highly qualified fund managers from the various groups mentioned, KAST has
grown investments consistently since its inception.

Ms. Kast stated, "After detailed research and much discussion I found a
partner in Capital G whose mission, philosophies, values and practices are
ideally suited to charter the organization into the next decade."

"I've been in the investment business for more than 35 years and part of
my business model included development of a succession plan to ensure
long-term security and financial growth for my clients, who are deeply
valuable to me both professionally and personally," continued Ms. Kast.

Mr. Schaefer said to facilitate a seamless transition, Ms. Kast will
continue on with Capital G for at least three years with an opportunity of
extension following the term. She will have the full support of the Capital G
Private Banking and Investments team, which she will personally train in the
same processes and procedures implemented under Kast Investment Management
Ltd.

Under the merger, KAST and existing Capital G clients can look forward to
access to a broader team of investment professionals, incorporation of a
strategic investment process to enhance the existing process of KAST, direct
access to Capital G Private Banking and general banking services, including
credit, trust, and deposits, as well as a broader range of investment
options.

KPMG Advisory, acting as lead merger and acquisition advisor for Kast
Investment Management Limited, provided full transaction advisory services.

Mike Morrison, Managing Director of KPMG Advisory said, "Capital G and
Kast Investment Management Limited are well respected financial services
providers in the Bermuda market. This transaction is a clear win for both of
them and their existing clients. We wish them all success in the future."

Jason Barger, Head of Offshore Sales for Schroders added, "The
compatibility of these two organizations presents a stronger unity in the
marketplace. Their complementary approaches to wealth management will
undoubtedly benefit their clientele. As an organization, we are thrilled to
be associated with the combined entity."

KAST will undergo a physical move to Capital G's offices later in the
year.

Capital G Bank Limited is a privately held local financial institution
with over US$1 Billion in assets providing personalized and simple integrated
wealth management services for personal, business and private banking
clients. For more information visit Capital G Bank at 19 Reid Street in
Hamilton, call +441-296-6969 or visit capital-g.com.

Michael DeCouto, Senior Vice President, Marketing, Capital G Limited, +1-441-294-5019, mdecouto at capitalg.bm; or Keisha Webb-Gibbs, Public Relations & Events Manager, Marketing, Capital G Limited, +1-441-294 5194, kwebb-gibbs at capitalg.bm