Mediaboss Marketing

by Jessica Wilkinson

Creechurch Private Wealth, part of Creechurch Capital the Isle of Man-based investment boutique has forged a new partnership with promising young Porsche Carrera Cup GB Championship racer, Daniel Lloyd.

As part of the new arrangement, the business will become a key sponsor as Daniel looks forward to a successful season in 2012. Having grown its assets under management to over 100 million in its first year of trading, Creechurch has now introduced two new brands - Creechurch Private Wealth and Creechurch Advisory Services - to define growth areas within the business. Commenting on the deal, Daniel whose grandfather lives in Ramsey on the Isle of Man - said: "Im absolutely delighted to have the support of Creechurch for my first season in Porsche Carrera Cup GB. This is going to be the biggest year of my career so far, so to have the backing of Creechurch is really fantastic."

John Greenwood, CEO at Creechurch Private Wealth, commented: Were delighted to have teamed up with Daniel, as he looks to progress towards a very exciting season. The Isle of Man has a long and illustrious motor sporting history as its home to the internationally renowned TT motor bike races. We were keen to reflect as we grow our business in the UK. As a company, we like to work with up and coming talents, such as Daniel, particularly those at the start of their career."

Creechurch is currently extending its reach in the UK market through organic growth and strategic business partnerships. This will provide a real boost for business on the Isle of Man, while helping to raise the profile of the wider financial expertise that exists on the island. - Ends -

we like to work with up and coming talents, such as Daniel, particularly those at the start of their career."

John Greenwood, CEO at Creechurch Private Wealth

If you'd like to send any information or news releases to us then please feel free to do so and we would be more than happy to consider sharing your news with the Isle of Man!

Send your Isle of Man news to:webmaster@manx.net

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Wealth Management Boutique Supports Championship Driver

by Kim Etherton

The Planning Committee of the Isle of Man Food & Drink Festival is delighted to announce that celebrity chef Ainsley Harriott will be attending the Isle of Man Food & Drink Festival on Saturday 22nd September 2012 at the Nunnery Gardens, Douglas.

Ainsley trained at Westminster College and worked as a chef in many of Londons leading hotels before starting a long and successful TV career, beginning with Good Morning With Anne & Nick in 1994 and continuing through his series Ready, Steady Cook (a 17-year run), Ainsleys Barbecue Bible, Ainsleys Gourmet Express and many others, including BBC1s current Great British Food Revival. He has starred in TV cookery programmes the world over and makes regular guest appearances on a variety of programmes; recently, he featured on Who Do You Think You Are? making some surprising discoveries about his West Indian ancestry.

Ainsley will give 2 cookery demonstrations at the Festival, using local Manx produce, judge the I Love Manx Professional Chef competition and meet some of the Manx food and drink producers who will be exhibiting at the Festival. On the previous evening, he will give an entertaining cookery demonstration at an Isle of Man Hospice fundraising event at the Mailbox, Douglas.

Ainsley is known for his ebullient personality and his passion for creating fresh, fun, accessible meals which are easy to prepare and cook. He is a familiar face on supermarket shelves with his successful food range and is an author with sales of over 2 million cookbooks worldwide, including the popular series of Meals in Minutes.

Ainsley said: this will be my first visit to the Isle of Man and Im really looking forward to it. Its always exciting to discover quality, fresh local produce and to create delicious recipes which are healthy, easy to cook and taste great.

DEFA Minister, Phil Gawne, MHK said the Isle of Man Food & Drink Festival is an excellent opportunity to celebrate the very best of Manx food and drink and I am very pleased that we will be welcoming such a respected and well known chef to it. Im sure that we will all learn new and innovative ways of cooking some of our wonderful Manx produce and Im really looking forward to the event.

- Ends -

this will be my first visit to the Isle of Man and Im really looking forward to it."

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Ainsley Harriott to attend Isle of Man Food & Drink Festival 2012

by Chris Quine

Isle of Man Sport Aid is delighted to announce that World Cycling Champion Mark Cavendish is to make a substantial personal donation to help create a number of sports scholarships for the benefit of young sporting talent.

The surprise announcement which was made at Thursday nights Isle of Man Sports Awards, with Mark present, was one of the highlights of the evening.

The first recipients of these prestigious awards are Chris Nicholson from cycling and up and coming swimmers Charlotte Atkinson and Laura Kinley. In addition, further support will be provided to a programme being established by Isle of Man Cycling for young riders to attend British Cycling Regional School of Racing camps under the banner of Cavendish Racing Isle of Man Cycling.

Mark, who was supported by Isle of Man Sport Aid from 2000 to 2005 and commented on stage:

This Island produces so many great sportspeople across all sports but you cant show it when you live on an island, you need to get away and I was able to do that due to the help from Sports Aid Foundation. It was a great help to me going away each weekend on the Steam Packet but even with their support sometimes needed more..... Im now in a position where I can help people who are literally in the same boat that I was a few years ago.

Gary Corkhill, Chairman of Isle of Man Sport Aid later added:

We are thrilled that Mark has made this very generous offer and he can be sure that it will be making a difference to some of our up and coming sporting talent.

We were pleased to assist Mark in the early part of his career and it is marvellous that he is now in a position to offer us help in return. What could be more motivational for any young sportsperson, particularly a cyclist, than to be supported by a sporting superstar.

Isle of Man Sport Aid is a registered charity established by Isle of Man Sport to assist the most talented of the Isle of Mans sportsmen and women. Amongst those either currently supported or who have been supported in recent years are Mark Cavendish, David Knight, Peter Kennaugh, Zoe Gillings and Conor Cummins. In 2006 Sport Aid established the Isle of Man Institute of Sport which became the Isle of Man Sport Institute when a new purpose built facility was opened at the NSC in 2009.

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Isle of Man Sport Aid – Cavendish Scholarships

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwire -03/30/12)- Tethys Petroleum Limited ("Tethys" or the "Company") (TSX: TPL.TO - News)(LSE: TPL.L - News) today announced its Annual Results for the period ended December 31, 2011. Tethys is focused on oil and gas exploration and production activities in Central Asia with activities currently in the Republics of Kazakhstan, Tajikistan, Uzbekistan. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

Operational Highlights

Kazakhstan

Tajikistan

Uzbekistan

Financial Highlights

The Company also announced completion of a USD10 million loan facility secured against its drilling rigs and related equipment. Part of this loan was a rollover of a previous debt facility primarily related to this equipment giving the company a total current debt burden of USD10 million dollars.

Dr. David Robson, Chairman and Chief Executive Officer of Tethys Petroleum, commented: "In 2011 we made significant progress on the key projects in Tethys. In Kazakhstan we drilled successful appraisal wells and made a new exploration discovery both significantly increasing our core reserves. The modeling work we have now completed based on these drilling results bodes well for the new appraisal/exploration wells we will drill in 2012 where success would see further reserves upgrades. The Aral Oil Terminal is now complete and will become operational imminently effectively doubling oil production. In Tajikistan we advanced the deep sub-salt exploration program with the completion of the graviometry survey, the results of which are very exciting and confirm our previous geological evaluation, indicating the possible presence of giant Jurassic reefs below the salt. Looking forward in 2012 the new final seismic survey will focus on the most prospective areas with the intention of firming up a location to spud a deep well."

The full Annual Results together with a Management Discussion & Analysis and Annual Information Form have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at http://www.sedar.com or on Tethys' website at http://www.tethyspetroleum.com. The summary financial statements are attached to this press release.

The Company's 2011 financial statements are prepared under International Financial Reporting Standards ("IFRS").

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Tethys Petroleum Limited: 2011 Year End Results

CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE (TRADING SYMBOL: CUP.U).

GRAND CAYMAN, Cayman Islands, March 30, 2012 /PRNewswire/ - Caribbean Utilities Company, Ltd. ("CUC") announced today that the Cayman Islands Information and Communication Technology Authority ("ICTA") has granted its wholly owned subsidiary, DataLink, Ltd ("DataLink"), a licence to provide fibre optic infrastructure in Grand Cayman.

CUC and DataLink have entered into management and maintenance, pole attachment and fibre optic agreements as approved by the Cayman Islands Electricity Regulatory Authority. The ICTA licence will now allow DataLink to assume full responsibility for the existing Pole Attachment Agreements and Optical Fiber Lease Agreement currently held by CUC with third party information and communications technology (ICT) service providers.

President and CEO of CUC Mr. Richard Hew said, "I am pleased that the licence has been granted as it will allow DataLink to provide access to fibre optic and other facilities on commercial terms to companies on the island, particularly those in the ICT sector. CUC has owned a fibre optic network since 2000 and, through DataLink, can now provide an additional service which will benefit both electricity and ICT consumers in Grand Cayman."

President and CEO of DataLink, Andrew Small, anticipates that the existing Pole Attachment Agreements and an Optical Fiber Lease Agreement will be assigned to DataLink in the near future. DataLink presently has a Pole Attachment and Optical Fiber arrangement with the Cayman Islands Government for their CCTV project and the recent grant of this Licence will benefit all stakeholders.

"There is tremendous potential for DataLink. Over the years, we have had a number of requests for access to this fibre optic network and I am very pleased that we are now in a position to make it available," Mr. Small said.

Caribbean Utilities Company, Ltd. ("CUC" or "the Company"), on occasion, includes forward-looking statements in its media releases, Canadian securities regulatory authorities filings, shareholder reports and other communications. Forward-looking statements include statements that are predictive in nature, depend upon future events or conditions, or include words such as "expects", "anticipates", "plan", "believes", "estimates", "intends", "targets", "projects", "forecasts", "schedule", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". Forwardlooking statements are based on underlying assumptions and management's beliefs, estimates and opinions, and are subject to certain risks and uncertainties surrounding future expectations generally that may cause actual results to vary from plans, targets and estimates. Such risks and uncertainties include but are not limited to operational, general economic, market and business conditions, regulatory developments and weather conditions. CUC cautions readers that actual results may vary significantly from those expected should certain risks or uncertainties materialize or should underlying assumptions prove incorrect. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.

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CUC Subsidiary DataLink, Ltd. Receives Licence