Joint Statement by MTTD and CINAA

The Ministry of Tourism and Trade Development and the newly appointed Board of Directors of the Cayman Islands National Attractions Authority (CINAA) are aware of a number of recent serious allegations against the Director and other senior employees of the Authority.

The newly appointed Board will discuss these matters at its imminent inaugural meeting and will take appropriate action to determine the facts. Once the facts are established, those facts will

determine the Board's decisions with respect to the allegations.

At the appropriate time in the future, further public statements will be made.

In the meantime, the Board appreciates the public's patience as it works independently and impartially to determine the actual facts in this matter.