US Prime Rate Analysis                                        Butterfield KYD & USD Prime Rate

Date	Change in Prime Rate	New USD Prime Rate	Date	Change in Prime Rate	New KYD Prime Rate
18 Dec 2008	-0.75	3.25%	18 Dec 2008	-0.75	3.25%
29 Oct 2008	-0.50	4.00%	30 Oct 2008	-0.50	4.00%
9 Oct 2008	-0.50	4.50%	9 Oct 2008	-0.50	4.50%
30 April 2008	-0.25	5.00%	1 May 2008	-0.25	5.00%
18 March 2008	-0.75	5.25%	19 March 2008	-0.75	5.25%
30 Jan 2008	-0.50	6.00%	31 Jan 2008	-0.50	6.00%
22 Jan 2008	-0.75	6.50%	24 Jan 2008 *	-0.75	6.50%
11 Dec 2007	-0.25	7.25%	17 Dec 2007	-0.25	7.25%
31Oct 2007	-0.25	7.50%	5 Nov 2007	-0.25	7.50%
18 Sept 2007	-0.50	7.75%	24 Sept 2007	-0.50	7.75%
29 June 2006	+0.25	8.25%	06 July 2006	+0.25	8.25%
10 May 2006	+0.25	8.00%	16 May 2006	+0.25	8.00%
28 March 2006	+0.25	7.75%	3 April 2006	+0.25	7.75%
31 Jan 2006	+0.25	7.50%	6 Feb 2006	+0.25	7.50%
13 Dec 2005	+0.25	7.25%	19 Dec 2005	+0.25	7.25%
1 Nov 2005	+0.25	7.00%	7 Nov 2005	+0.25	7.00%
20 Sept 2005	+0.25	6.75%	26 Sept 2005	+0.25	6.75%
9 Aug 2005	+0.25	6.50%	15 Aug 2005	+0.25	6.50%
30 June 2005	+0.25	6.25%	6 July 2005	+0.25	6.25%
3 May 2005	+0.25	6.00%	9 May 2005	+0.25	6.00%
22 March 2005	+0.25	5.75%	30 March 2005	+0.25	5.75%
2 Feb 2005	+0.25	5.50%	8 Feb 2005	+0.25	5.50%
14 Dec 2004	+0.25	5.25%	20 Dec 2004	+0.25	5.25%
10 Nov 2004	+0.25	5.00%	16 Nov 2004	+0.25	5.00%
21 Sept 2004	+0.25	4.75%	24 Sept 2004	+0.25	4.75%
10 Aug 2004	+0.25	4.50%	16 Aug 2004	+0.25	4.50%
30 June 2004	+0.25	4.25%	7 July 2004	+0.25	4.25%
23 June 2003	-0.25	4.00%	1 July 2003	-0.25	4.00%
6 Nov 2002	-0.50	4.25%	12 Nov 2002	-0.50	4.25%
11 Dec 2001	-0.25	4.75%	17 Dec 2001	-0.25	4.75%
6 Nov 2001	-0.50	5.00%	13 Nov 2001	-0.50	5.00%
2 Oct 2001	-0.50	5.50%	9 Oct 2001	-0.50	5.50%
17 Sept 2001	-0.50	6.00%	24 Sept 2001	-0.50	6.00%
21 Aug 2001	-0.25	6.50%	27 Aug 2001	-0.25	6.50%
27 June 2001	-0.25	6.75%	4 July 2001	-0.25	6.75%
15 May 2001	-0.50	7.00%	22 May 2001	-0.50	7.00%
18 April 2001	-0.50	7.50%	25 April 2001	-0.50	7.50%
20 March 2001	-0.50	8.00%	26 March 2001	-0.50	8.00%
31 Jan 2001	-0.50	8.50%	6 Feb 2001	-0.50	8.50%
2 Jan 2001	-0.50	9.00%	10 Jan 2001	-0.50	9.00%
23 May 2000	+0.50	9.50%	1 June 2000	+0.50	9.50%
21 March 2000	+0.25	9.00%	28 March 2000	+0.25	9.00%
2 Feb 2000	+0.25	8.75%	9 Feb 2000	+0.25	8.75%

* From this date, Cayman banks set their own timeframe for the changes in Prime.