Business, marketing, and IT professionals
worldwide collaborate with Forrester to align their technology
investments with their business goals.

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Nasdaq Notifies Consolidated Water Co. Ltd. of Compliance With Marketplace Rule 4310(c)(14)

This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. For additional information, visit www.com

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Chang, constitute a geographic
structure that mirrors the organization of Forrester's largest
clients.

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McTaggart, President,
at (345) 945-4277 or via e-mail at info@cwco.

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Consolidated Water Co.

For further information, please contact: Frederick W. Of the three regions, Forrester Americas continues to make up
the largest portion of Forrester's business. These
statements include, but are not limited to, statements about the
potential success of product offerings, investment plans, and the
ability of Forrester to achieve success as the economy improves.

About Forrester

Forrester Research is an independent technology research company
that provides pragmatic and forward-thinking advice about technology's
impact on business.

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In creating Forrester EMEA, Forrester will continue to offer a
growing suite of products and services to its existing major market
clients in the UK, France, and Germany; expand sales in Benelux, the
Nordics, and Italy; invest in new geographic markets in Central and
Eastern Europe; and continue market penetration into Southern Europe,
the Middle East, and Africa.

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"Forrester expects to invest further in Asia Pacific in the years
ahead, similar to the commitments the company has made to develop our
business in North America and Europe over the past years," said
Colony . Forrester offers products and
services in four major areas: Research, Data, Consulting, and
Community .

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"
Forrester Americas, headed by President Neil Bradford, Forrester
EMEA, led by President Robert W. For further information, please refer to Forrester's
reports and filings with the Securities and Exchange Commission.

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com

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com

or

RJ Falkner + Company, Inc. Forrester
undertakes no obligation to update publicly any forward-looking
statements , whether as a result of new information, future events, or
otherwise.

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is engaged in the development and operation of
seawater conversion plants and/or water distribution systems in areas of the
world where naturally occurring supplies of potable water are scare or
non-existent.
"Across the Americas , EMEA, and Asia Pacific, Forrester's clients
are experiencing renewed growth as technology spending and the global
economy improve," stated George F.

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W.I. Ltd. The Nasdaq staff further advised the Company that the matter
relating to the delisting of the Company's ordinary shares from The Nasdaq
National Market is closed, and that the trading symbol for the Company's
ordinary shares will be changed from CWCOE to CWCO at the opening of business
on April 28, 2005.

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These
statements are based on Forrester's current plans and expectations and
involve risks and uncertainties that could cause actual future
activities and results of operations to be materially different from
those set forth in the forward-looking statements.

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Ltd. (Nasdaq: FORR), announced today that it has redefined
its global geographic regions to align more closely with those of its
growing international client base.

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Business Editors/High-Tech Editors

CAMBRIDGE, Mass. The three regions now comprise:
Forrester Americas (North, Central, and South America); Forrester EMEA
(Europe, the Middle East , and Africa); and Forrester Asia Pacific
(Japan, Korea, Australia, New Zealand, Greater China, Singapore , and
India). Colony, Forrester's Chairman of the
Board and Chief Executive Officer. Davidson, and Forrester Asia Pacific,
managed by President Charles W.

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Established in 1983, Forrester is headquartered in
Cambridge, Mass.

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(the "Company") (Nasdaq: CWCOE) received notice
from the staff of Nasdaq on April 26, 2005 that the Company complied with
Nasdaq Marketplace Rule 4310(c)(14) when the Company filed its Form 10-K for
the period ended December 31, 2004 with the Securities and Exchange
Commission .----Forrester
Research, Inc.
Due to the explosive rise of technology and innovation for many of
its multinational clients in Asia Pacific, Forrester Asia Pacific
plans to continue to bolster key markets and deploy marketing in
Japan, Australia, and India, with additional focus on Greater China.

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The Company currently operates water production and/or
distribution facilities in the Cayman Islands, the British Virgin Islands,
Barbados, Belize and The Commonwealth of the Bahamas.forrester .

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"By structuring our regional
business units to align with those of our global clients, we are
better positioned to provide value and expertise to companies at all
levels -- local, regional, and international -- as we grow our
portfolio of technology research, consumer and market data,
consulting, and executive membership offerings across all
geographies. Important factors
that could cause actual future activities and results to differ
include, among others, Forrester's ability to anticipate business and
economic conditions, technology spending, market trends, competition,
industry consolidation , the ability to attract and retain professional
staff, possible variations in Forrester's quarterly operating results,
risks associated with Forrester's ability to offer new products and
services , and Forrester's dependence on renewals of its
membership-based research services and on key personnel .

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,
Consolidated Water Co.

Forrester Realigns Geographic Regions To Accommodate Increasing Clientele

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GEORGE TOWN, Cayman Islands, B., Investor Relations Counsel at (800) 377-9893 or
via e-mail at info@rjfalkner.