Bank of Jamaica commemorates 50 years of independence

NEW BANKNOTE SERIES DESIGNED BY THE BANK OF JAMAICA IN COLLABORATION WITH DE LA RUE, TO COMMEMORATE JAMAICA’S 50 YEARS OF INDEPENDENCE

The 2012 commemorative banknotes are to be released into circulation in July following a prestigious launch on 19 June 2012 at the Bank of Jamaica.

Kingston: July 2, 2012:

De La Rue, the world’s largest integrated commercial banknote printer has worked in a variety of areas in Jamaica over the years, and today continues to supply Bank of Jamaica with banknotes as it has done for 50 years.

To commemorate Jamaica’s 50 years of political independence, Bank of Jamaica made the decision to issue a commemorative series of banknotes.

Ruth Euling, Sales Director, De La Rue said; “ De La Rue was very pleased to be given the opportunity to be an active participant in the production of such a prestigious and important series of banknotes for Jamaica.”

The commemorative banknote series produced by De La Rue consists of four of the five denominations currently in circulation - $5000, $1000, $500 and $50 – with modifications to the original design. The face of the notes remains unchanged except for the National Logo for the 50th Anniversary of Independence, which has been superimposed on the watermark of each note. On the reverse of all five commemorative notes, instead of a unique design for each denomination there is a common vignette - the photograph of a group of children from Central Branch Primary School (c. 1962) depicting the National Motto, “Out of Many, One People.” This photograph previously appeared on the reverse of the Two Dollar banknote which was in circulation between 1969 and 1994.

Governor Brian Wynter of the Bank of Jamaica commented; “We are delighted that the collaborative effort of the Bank and De La Rue has resulted in the banknote series which will commemorate this important anniversary for Jamaica. The notes retain all the security features included in the original design to ensure their integrity and to help protect against the threat of counterfeiting.”

De La Rue has a track record in winning awards for its banknote designs and its customers’ banknotes have won every major design award in the past five years.

ENDS

About De La Rue plc:

As the world’s largest integrated commercial banknote printer, De La Rue is a trusted partner of governments, central banks, issuing authorities and commercial organisations around the world.

In the past five years alone, the Group has been involved in the design or production of over 150 national currencies. De La Rue also produces a wide range of security documents including passports, driving licences, authentication labels and tax stamps. In addition, the Group manufactures sophisticated, high speed cash sorting and inspection equipment.

De La Rue also offers a range of specialist services and software solutions including government identity schemes, product authentication systems and cash management processing solutions.

De La Rue employs approximately 4,000 people worldwide and is listed on the London Stock Exchange. For further information visit De La Rue’s website at www.delarue.com.

For further information, please contact Rob Hutchison, Group Director of Communications, De La Rue (rob.hutchison@uk.delarue.com).

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