Caribbean Utilities Company, Ltd.  2011  Annual Report Company Directors 56 Board of Directors Peter A. Thomson Retired Executive Caribbean Utilities Company, Ltd. Grand Cayman Lynn R. Young President and Chief Executive Officer Belize Electric Company Ltd. Belize J.F. Richard Hew President and Chief Executive Officer Caribbean Utilities Company, Ltd. Grand Cayman H. Stanley Marshall + President and Chief Executive Officer Fortis Inc. Newfoundland Canada David E. Ritch, OBE, JP *  + Chairman of the Board of Directors Caribbean Utilities Company, Ltd. Attorney-at-Law Ritch and Conolly Grand Cayman J. Bryan Bothwell , MBE * Retired Banking Executive Grand Cayman Joseph A. Imparato Retired Chairman Caribbean Utilities Company, Ltd. Grand Cayman  Earl A. Ludlow President and Chief Executive Officer Newfoundland Power Inc. Newfoundland Canada Eddinton M. Powell, JP * President and Chief Executive Officer FortisTCI Providenciales Turks & Caicos Islands Frank J. Crothers + Vice Chairman of the Board of Directors Caribbean Utilities Company, Ltd. Chairman Island Corporate Holdings Ltd. Bahamas *  Member Audit Committee (Chairman: J. Bryan Bothwell)  $^{+}$  Member Nominating and Corporate Governance Committee (Chairman: David E. Ritch)