Statement re Share Price Movement

CARIBBEAN INVESTMENT HOLDINGS LIMITED

STATEMENT REGARDING PRICE MOVEMENT

Belize City, Belize, November 1, 2016 -- Caribbean Investment Holdings Limited (London - AIM: CIHL; Bermuda - CIHL) (the "Company" or "CIHL"), notes the recent increase in its share price and can confirm that it knows of no specific reason for the increase.

For further information contact:

Cenkos Securities plc

Nicholas Wells +44 (0)20 739 8920

Note: This and other press releases are available at the Company's web site: http://www.cihltd.co

Background Information

Caribbean Investment Holdings Limited (CIHL) is a parent holding company with no independent business operations or assets other than its investments in its subsidiaries, intercompany balances and holdings of cash and cash equivalents. CIHL's businesses are conducted through its subsidiaries. The Belize Bank Limited (BBL) is incorporated and based in Belize and focuses on the provision of financial services and lending to domestic clients. Belize Bank International Limited is incorporated and based in Belize and focuses on the provision of financial services and lending to international clients. CIHL also owns an international corporate services business based in Belize, which operates as Belize Corporate Services Limited. Within Belize, BBL is the largest, full service commercial and retail banking operation with a head office in Belize City and eleven branches extended into each of the six districts of Belize. The principal operations of BBL are commercial lending, consumer lending, deposit taking and related banking activities.