Consolidated Water Co. Sustains No Significant Damage From Hurricane Irene's Passage Through Bahamas

Consolidated Water Co. Ltd. CWCO today reported on Hurricane Irene's impact upon its facilities and operations in the Commonwealth of the Bahamas. "Our initial assessment following yesterday's passage of Category 3 Hurricane Irene to the east of Nassau, New Providence, Bahamas, indicates that our facilities on New Providence island suffered only minor damage to certain buildings," commented Rick McTaggart, Chief Executive Officer of Consolidated Water Co. Ltd. "In order to secure the site in preparation for the hurricane, we ceased construction work on the expansion of the Blue Hill plant on Monday. Construction activities are expected to resume today. All water production equipment continued to operate at normal production levels throughout the storm and afterwards. We do not expect this event to materially impact revenues generated from our Bahamas operations."