FOR IMMEDIATE RELEASE:

CHANGES AT BLUE LAGOON CRUISES

In a press release made today, FHL announced that the Board has accepted the resignation of Mr Tim Stonehill, the General Manager for Blue Lagoon Cruises Limited.
Nouzab Fareed, Acting Chief Executive Officer for the Group, said that “FHL is grateful for Mr Stonehill’s contribution to the company through the years and we wish him well with the future.”
Mr Tim Stonehill is replaced by Ms Leba Pareti, who has been with the company for more than three years and brings with her an equally extensive wealth of knowledge on the industry.
Mr Fareed also added that “FHL through its Group succession Policy supports and is confident of the appointment of Ms Pareti in this role, and would like to assure our shareholders that business will continue to operate as normal”.
Fijian Holdings Limited owns 70% of Blue Lagoon Cruises Limited through its wholly owned subsidiary, Blue Lagoon Cruises Holdings Limited. It also continues to be one of the major attractions in the tourism market for Fiji.
END



Acting Chairman – FHL Company Secretary
Dated 15 June, 2011

For more information, please contact: Elenoa Lalabalavu - Investor Relations Officer
Phone: (679) 3305017
Email: elenoa.lalabalavu@fijianholdings.com.fj