Joseph Pivinski Joins Consolidated Water as Chief Financial Officer

June 15, 2005

Consolidated Water Co. Ltd., which develops and operates seawater conversion plants and water distribution systems in areas where natural supplies of drinking (i.e., potable) water are scarce, announced that Joseph Pivinski has joined the Company's executive management team as senior vice president & chief financial officer.

Mr. Pivinski was most recently vice president -- finance and chief financial officer at Oriole Homes Corp., a then publicly traded $150 million (sales) residential real estate development company based in Boca Raton, Fla., where he was responsible for strategic planning, financial management, reporting and compliance, information technology, risk management and investor communications.

Prior to joining Oriole, Mr. Pivinski was vice president -- finance and chief financial officer of the U.S. subsidiary of Adecco/Ecco Staffing Services, Inc., an international marketer of temporary staffing services with global sales in excess of $4 billion. For almost 20 years previous to this position, he held various senior level financial positions with public and private companies. Mr. Pivinski, a certified public accountant, earned his B.S. in Accounting from Brooklyn College and his MBA in Finance and International Business at Fordham University.

"We are pleased to welcome Joe Pivinski to our executive management team," stated Mr. Rick McTaggart, president and chief executive officer of Consolidated Water Co. Ltd. "Joe's diverse management experience in finance and operations should prove highly valuable as we build the Company beyond its current position as the premier desalinated water provider in the Caribbean."

Source: Consolidated Water Co. Ltd.

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