NSE: Listed Company Announcements, 2007

Announcements From 1st January 2007 to 31st March 2007:

1. REA VIPINGO: First and Final Dividend of KShs 0.80 per ordinary share, announced on 8th January 2007. Closure of members’ register on 26th March 2007. Payment on 15th June 2007.

2. CMC: First and Final Dividend of KShs 2.30 per ordinary share, announced on 12th January 2007. Closure of members’ register on 31st January 2007. Payment on or about 5th March 2007.

3. CMC: Share Split in the ratio of 10 ordinary shares for every 1 ordinary share held, announced on 12th January 2007. Closure of members’ register on 26th February 2007. Posting date not yet announced.

4. UNGA GROUP: Half-year results for the period July to December 2006 announced on 26th January 2007. No interim dividend recommended despite an improved half-year. Profit per share – after tax and minority interests (held by Seaboard Corporation and Nampak Holdings Limited), but before appropriations – stood at Kshs 1.08 during the period, a 21.3% improvement compared to the Kshs 0.89 profit per share recorded for the same period the previous year. There were total of 63,090,728 issued ordinary shares (with a par value of Kshs 5.00 each) during the period.

5. KENOL: First and Final Dividend of KShs 2.25 per ordinary share, announced on 29th January 2007. Closure of members’ register, from 4.30 p.m. on 30th March to 13th April 2007. Payment of dividend on or about 23rd April 2007. Net profit after tax for the year ended 30th September 2006 was 6.6% lower than for the previous year.

6. CAR & GENERAL: Final Dividend of KShs 0.67 per ordinary share, announced on 31st January 2007. Books close on 23rd February 2007. Payment date, 28th March 2007.

7. MUMIAS SUGAR COMPANY: Interim Dividend of KShs 0.50 per ordinary share, representing 25% of the par value of an ordinary share, announced on 9th February 2007. For the same period the previous year, the Interim Dividend stood at KShs 0.75 per ordinary share. Books close at 4.30 p.m. on 9th March 2007 and remain closed up to and including 16th March 2007. Payment date, 9th April 2007.

8. EQUITY BANK: First and Final Dividend of KShs 2.00 per ordinary share for the year 2006, announced on 13th February 2007. Books close on 5th April 2007. Payment date, 20th April 2007. Year 2006 saw Equity Bank welcome its 1 millionth customer, compared to 155,000 customers in the year 2002. Customer deposits stood at KShs 16,337 million in 2006 (approximately US$235.2 million), compared to KShs 1,581 million in 2002. Profit before tax stood at KShs 1,103 million (approximately US$15.9 million) in 2006, compared to KShs 111 million in 2002. Shareholders’ funds rose from KShs 334 million in 2002 to KShs 2,201 million in 2006.

9. EQUITY BANK: Bonus Issue of 2 ordinary shares for each ordinary share held, announced on 13th February 2007. This will raise the number of issued ordinary shares from the current 90,564,550 to 271,693,650, each with a par value of KShs 5.00. Just last year, before its IPO, Equity Bank had a 10:1 share split. Book closure date related to the Bonus Issue is subject to CMA approval. The Bonus Shares do not qualify recipients for the First and Final Dividends just declared for the year 2006. In any case, CMA is likely to approve the Bonus Issue only after 5th April 2007, following, as expected, members’ approval of the Board’s recommendation at the bank’s Annual General Meeting (AGM). The AGM, only the third in the bank’s history, will be held at Kenyatta International Conference Centre, Nairobi, on 30th March 2007, starting at 10.00 a.m.

10. BAMBURI CEMENT LIMITED: Final Dividend for year 2006 of KShs 1.50 per ordinary share, representing 30% of the par value of one ordinary share, announced on 13th February 2007. Books close at 4.30 p.m. on 30th May and remain closed on 31st May 2007. Payment date for this Final Dividend, on or about 14th June 2007. The company’s 56th Annual General Meeting will be held at Nyali Beach Hotel in Mombasa on Wednesday 30th May 2007, starting at 3.00 p.m. The annual report will have been dispatched to shareholders from 30th April 2007. [Note: A First Interim Dividend of KShs 2.00 per ordinary share (40% of par value) was paid on 13th April 2006. A Second Interim Dividend, also of KShs 2.00 per ordinary share, was paid on 20th September 2006]. Total dividend payout for year 2006 thus adds up to 110% of par value (compared to 106% in 2005). In cash terms, total dividend payout in 2006 amounts to KShs 1,997 million, or approximately US$28,9000,000.00 (compared to KShs 1,923 million in 2005).

11. BAMBURI CEMENT LIMITED: First Interim Dividend for year 2007 of KShs 2.00 per ordinary share, representing 40% of the par value of one ordinary share, announced on 13th February 2007. Books close at 4.30 p.m. on 14th March and remain closed on 15th March 2007. Payment date for this First Interim Dividend, on or about 28th March 2007.

12. STANDARD GROUP LIMITED: Following CMA and NSE approval, Standard Group’s 65 million ordinary shares (par value KShs 5.00, or US$0.07) migrated at the opening bell on 13th February 2007 to the Main Investment Market Segment of the Nairobi Stock Exchange (MIMS), from the Alternative Investment Market Segment (AIMS). The company, owner of The Standard newspaper and Kenya Television Network (KTN), had been relegated to AIMS in 2002 after the introduction of new eligibility criteria for MIMS listing. These criteria are: (a) net assets worth a minimum of KShs 100 million (US$1.44 million); (b) share capital of at least KShs 50 million (US$720,000); (c) public shareholding accounting for at least 25% of issued ordinary shares; (d) at least 1,000 shareholders; and (e) profit recorded in at least three of the preceding five years. Standard Group is now among the companies listed in the Commercial and Services Sector of MIMS. This sector includes: Car & General, CMC Holdings, Hutchings Biemer (which is reportedly preparing to delist from the NSE), Kenya Airways, Marshalls (E.A), Nation Media Group, Scangroup (which had an IPO in the latter half of 2006), TPS Eastern Africa and Uchumi Supermarkets (in suspension since early June 2006).

13. SAMEER AFRICA LIMITED (Formerly FIRESTONE EAST AFRICA): Audited results for the year ended 31st December 2006 released on 15th February 2007. The report blames an “increasingly unfriendly business environment for manufacturing in Kenya” for its poor performance. Right-sizing and restructuring, following the termination of association with Firestone, led to non-recurrent expenses of over KShs 200 million in 2006. As a consequence, turnover fell from KShs 3.36 billion in 2005 to KShs 3.17 million in 2006. In stead of a profit after tax of KShs 204.7 million in 2005, there was a loss of KShs 22.3 million in 2006. Basic and diluted earnings per share fell from KShs 0.74 in 2005 to KShs -0.08 in 2006. The Board of Directors does not recommend the payment of a dividend for the year 2006. The company’s 38th AGM will be held at the company’s premises, off Mombasa Road in Nairobi, on Thursday, 29th March 2007, from 11.00 a.m. The notice for the AGM will be dispatched together with the Annual Report and Financial Statements around 5th March 2007.

NSE: Listed Company Announcements, 2006

Announcements From 27th September 2006 to 28th December 2006:

1. KENGEN: Final Dividend of KShs 0.55 per ordinary share, announced on 27th September 2006. Closure of members’ register on 17th November 2006. Payment on 1st February 2007.

2. KENYA POWER AND LIGHTING: Final Dividend of KShs1.50 per ordinary share, announced on 29th September 2006. Closure of members’ register on 2nd November 2006. Payment date not yet announced.

3. ICDC Investments: Final Dividend of KShs 4.00 per ordinary share, announced on 19th October 2006. Closure of members’ register on 4th January 2007. Payment on 22nd January 2007.

4. ICDC Investments: Share Split in the ratio of 10 ordinary shares for each share held, announced on 19th October 2006. Closure of members’ register on 4th January 2007. Posting date: 19th January 2007.

5. STANDARD GROUP: Bonus Issue in the ratio of one ordinary share for every 8 held, announced on 31st October 2006. Closure of members’ register: date not yet announced. CMA approval still awaited.

6. BOC KENYA: Final Dividend of KShs 4.25 per ordinary share, announced on 2nd November 2006. Closure of members’ register on 19th January 2007. Payment on 9th February 2007.

7. CITY TRUST: Final Dividend of KShs 3.10 per ordinary share, announced on 6th November 2006. Closure of members’ register on 5th December 2006. Payment on 12th January 2007.

8. DIAMOND TRUST BANK KENYA: Rights Issue in the ratio of one new ordinary share for every 8 held, at KShs 50.00 per share, announced on 20th November 2006. Commencement of trading in rights at the NSE: 27th November 2006. Last date for renunciation of rights by way of private transfer: 4th December 2006. Last date for trading in rights: 7th December 2006. Last date for acceptance and payment for the new shares: 19th December 2006. Announcement of Rights Issue results, update of members’ register and electronic crediting of CDS accounts with the new shares: 27th December 2006. Commencement of trading of the newly issued shares at the NSE: 29th December 2006. Printing of share certificates and notification of CDS account holders of acceptance/allotment: 3rd January 2007. Dispatch of share certificates for the new shares, where there are no CDS accounts, and printing of refund cheques: 4th January 2007. Dispatch of refund cheques, where applicable: 10th January 2007.

9. MUMIAS SUGAR: Offer for sale of 91,999,220 existing ordinary shares of par value Kshs 2.00 each held by the Government of Kenya at KShs 49.50 per share, announced on around 20th November 2006.Opening date of offer: Monday, 4th December 2006. Closing date of offer: Monday, 18th December 2006. This was subsequently extended by a week. Announcement date: Friday, 19th January 2007. Refund processing, electronic crediting of CDS accounts, dispatch of share certificates where there are no CDS accounts: beginning Friday, 19th January 2007. Commencement of trading of Offer Shares at the NSE: 10.00 a.m. on Tuesday, 30th January 2007.

10. SASINI TEA & COFFEE: Bonus Issue in the ratio of one ordinary share for every 5 held, announced on 18th December 2006. Closure of members’ register on 14th February 2007. Posting date not yet announced.

11. SASINI TEA & COFFEE: Share Split in the ratio of 5 ordinary shares for every 1 held, announced on 18th December 2006. Closure of members’ register on 14th February 2007. Posting date not yet announced.

12. EVEREADY EAST AFRICA: Final Dividend of KShs 0.60 per ordinary share, announced on 21st December 2006. Closure of members’ register on 11th February 2007. Payment on 30th March 2007.

13. NATION MEDIA GROUP: Special Interim Dividend of KShs 5.00 per ordinary share, which is equivalent to the par value of one ordinary share, announced on 28th December 2006. Closure of members’ register 5th January 2007. Payment on 31st January 2007.