enhanced Consolidated Water’s visibility within the  investment community. A new program of  presentations to investors began to produce results,  both in terms of share volumes traded and closing  prices, toward the end of 2000. We intend to  continue the program in 2001. and now works on special projects. We were fortunate  to recruit Frederick W. McTaggart, a Caymanian  Georgia Tech engineering graduate who had occupied  a similar post with the Cayman Government Water  Authority, as President and Chief Operating Officer.  Thank you, Pete, and welcome aboard, Rick. Lastly, thank you, our shareholders, for your continued  support of the Company. Together, I believe that we  can look forward to a very exciting future. Although it may appear de rigeur, it is nonetheless  sincere. I cannot close without paying tribute to our  small but dedicated staff, which has continued to  ably grow our Cayman operations whilst coping with  new duties in new countries, and to our Board of  Directors who, together, have, once again, delivered  a record year on all fronts for Consolidated Water.  Ladies and gentlemen, thank you. I would also like  to recognize a significant management change that  occurred last year. Pete Ribbins, after serving 17  years as President and Chief Operating Officer of the  Company, stepped aside from line management. He  remains on the Board and several of its committees  Yours sincerely, CONSOLIDATED WATER CO. LTD. Annual Report 2000 Consolidated Water  7 Jeffrey M. Parker Chairman & C.E.O. Using the latest hand-held computer  technology, our customers are  assured of the most accurate and  efficient billing systems.