Veoma Ali appointed Chief Operating Officer for Starcom Network Inc.

Veoma Ali has been with the Nation Group for the past ten years and is experienced in the fields of Law, Broadcasting and Journalism and is also a Certified Digital Marketing Consultant.

She is the host of the highly popular "Entertainment News" programme on Hott 95.3 and also enjoys presenting "The Latest" on the Starcom Network of stations. Her contribution to the Company in the areas of Corporate Communications (2002-2004) and Advertising (2004-2008) have made her a preferred candidate for the position of Regional Advertising Manager of the One Caribbean Media Network of stations.

Miss Ali still holds this post and has now added the position of Chief Operating Officer, Starcom Network to her portfolio.

She loves foreign languages, coaching, teaching, writing and in her spare time enjoys great Karaoke sessions and tending to her 5 pets. We welcome Miss Ali in her new capacity as she has reassured us that, "this position allows one to improve not only Operations within the Company, but also team spirit, morale and efficiencies within all Departments. I hope to contribute significantly during my tenure; and I am both humbled and eager at the same time."

OCM acquires Trinidad Stations

We are pleased to announce that One Caribbean Media Limited (OCM) has entered into an agreement for the acquisition of the Citadel Group, owners and operators of three radio stations in Trinidad and Tobago – I 95 fm, Red 96.7 fm and Hitz 107.1 fm.

OCM wishes to emphasise that the change in ownership will see key talent being retained so that listeners to the three stations can look forward to the continuation of their favourite programming.

Additionally, OCM has successfully negotiated the acquisition of Sidewalk Radio Limited which is the owner of the radio frequency 92.3 fm. This will facilitate the broadcast of the Caribbean Super Station (CSS) in Trinidad & Tobago for the first time.

The CSS has, since April of last year, been broadcast in Barbados, Grenada, St. Lucia, Antigua, Barbuda, Montserrat, British Virgin Islands, St. Kitts and Nevis. The concept of the CSS is to create and build bridges across the Caribbean and promote the rich talent of our artistes.

Both transactions are subject to regulatory approval, but it is not expected that this will give rise to any difficulty or cause undue delay in completing the transactions.

OCM is a publicly owned and regionally focused media company quoted on the stock exchanges of Trinidad & Tobago and Barbados.

DAWN THOMAS

GROUP CHIEF EXECUTIVE OFFICER

ONE CARIBBEAN MEDIA LIMITED

March 27, 2012.