Caribbean Utilities Company Caribbean Utilities Company
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Shareholders
Registered shareholders as of April 30, 2005 were as follows:

Class of Shares Shareholders Shares Held
Class A Ordinary Shares 1,705 25,024,351
9% Class B Preference Shares 122 250,000

1,484 Class A Ordinary registered shareholders holding approximately 27% of the outstanding shares were resident in the Cayman Islands as of April 30, 2005, while the balance were resident overseas. Holders of Class B Preference Shares are primarily resident in the Cayman Islands. Fortis Energy (Bermuda) Ltd., a wholly-owned subsidiary of Fortis Inc., held 37.0% of the outstanding Class A Ordinary Shares, and International Power Holdings Limited held 14.8% as of January 31, 2006.


Dividends
Class A Ordinary Shares:
Quarterly dividends are customarily paid in March, June, September and December. Record dates are normally two to three weeks prior to payable dates.

Class B Preference Shares:
Quarterly dividends are paid on the last day of January, April, July and October. Record dates are normally two to three weeks prior to payable dates.

Dividend Reinvestment Plan
The Company offers a Dividend Reinvestment Plan to Class A Ordinary and Class B Preference shareholders. Dividends may be reinvested in additional Class A Ordinary Shares. A copy of the Plan and enrolment form may be obtained by writing or calling either of the Company's Registrar and Transfer Agents. Click
here to download an information pamphlet and enrollment form.

Customer Share Purchase Plan
The Customer Share Purchase Plan (CSPP) was launched in January 1995 and provides an opportunity for customers resident in the Grand Cayman to invest in the Company. Customers may make cash payments of not less than CI$25 (US$30) per purchase and up to a total of CI$12,000 (US$14,400) per calendar year for the purchase of Class A Ordinary Shares. Quarterly cash dividends paid on the shares are reinvested in additional Class A Ordinary Shares under the CSPP. Full details of the Plan may be obtained from CUC's Customer Service Department. Click the links below to download a CSPP information brochure and enrollment form.


CSPP Information Brochure
CSPP Enrollment Form

Solicitors
Appleby Spurling Hunter
P.0. Box 190 GT
Grand Cayman
345-949-4900

Auditors
PricewaterhouseCoopers
P.O. Box 258 GT
Grand Cayman
345-949-7000


Principal Banker
Royal Bank of Canada
P.O. Box 245 GT
Grand Cayman
345-949-4600


Duplicate Annual Reports
While every effort is made to avoid duplications, some shareholders may receive extra reports as a result of multiple share registrations. Shareholders wishing to consolidate these accounts should contact the Registrar and Transfer Agents.

Registrar and Transfer Agents
CIBC Mellon Trust Company
P.0. Box 7010 Adelaide Street Postal Station
Toronto, Ontario M5C 2W9
Telephone: (416) 813-4600
AnswerlineTM: (416) 643-5500 or 1-800-387-0825
(Toll-free throughout North America)
Fax: (416) 643-5501
Web Site:
www.cibcmellon.ca
(Acting as principal agent)

Caribbean Utilities Company, Ltd.
P.0. Box 38 GT
Grand Cayman, Cayman Islands
Attention: Assistant to the Company Secretary
Telephone: (345) 949-5200
Fax: (345) 949-4621
Website:
www.cuc-cayman.com
E-mail:
Investor Relations:
investor@cuc.ky
General Information: info@cuc.ky
(Acting as co-agent)

Toronto Stock Exchange Listings
The Company's Class A Ordinary Shares are listed for trading in U.S. funds on The Toronto Stock Exchange. The stock symbol is "CUP.U" . There is no income or withholding tax applicable to holders of Class A Ordinary or Class B Preference Shares under the existing laws of the Cayman Islands.

Registered Office
Caribbean Utilities Company, Ltd.
P.0. Box 38 GT, Grand Cayman, Cayman Islands
Attention: Assistant to the Company Secretary
Telephone: (345) 949-5200
Fax: (345) 949-4621
Website:
www.cuc-cayman.com
E-mail:
Investor Relations:
investor@cuc.ky
General Information: info@cuc.ky