THE NIGERIAN STOCK EXCHANGE FACTBOOK 2008

Published Under the Authority

of the Council of:

THE NIGERIAN STOCK EXCHANGE

STOCK EXCHANGE HOUSE

2/4 Customs Street,

P.O. Box 2457, Lagos

Telephone: 234-01-2660287, 2660305, 2660335, 2669978, 2661293

Telex 23567 STEX.NG

Fax: 234-01-2668281, 2668724

E-mail: nse@nigerianstockexchange.biz

Website:www.nigerianstockexchange.com

BRANCHES:

Abuja (Area Office)

Kaduna

Port Harcourt

Kano

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Ibadan

Yola

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Uyo

EDITORIAL BOARD

Prof. Ndi Okereke-Onyiuke, PhD, OON (Chairman)

Mr. Kene Okafor (Editor)

Mr. Farooq Oreagba (Editor)

Mr. Arize Nwobu (Deputy Editor)

Copyright:

The Nigerian Stock Exchange

ISBN 978 0262 - 1 - 6

Design/Typesetting by: Management Information Technology Department of The Nigerian Stock Exchange, 2/4 Customs Street, Lagos.

Produced by:

Pathway Communications Ltd.,

5/6, Adekunle Odunlami Crescent,

Next to AfriBank Estate,

Ilupeju - Lagos.

Nigeria.

Tel: 01-7911733

FACTBOOK 2008

RAK UNITY PETROLEUM COMPANY PLC

1. Head Office & Tel. Phone: 16, Olofa Way, P. O. Box 581, Offa Kwara State. Tel: 234-031-801181, 801170 2. Nature of Business: Marketing of Petroleum Products. 3. Date Listed on The Exchange: 21st March, 1989 4. NSE Classification: Emerging Markets/SSM 5. Board of Directors: Chief R. O. Oyewale (MD/Chief Executive) Mrs. Ogunniyi Chief T. A. Odebode Alhaji Akeem Oyewale 6. Company Secretary: Silas O. Falokun 7. Auditors: Kehinde Oshagbemi & Co., (Chartered Accountants) 158, Ibrahim Taiwo Road, Ilorin , Kwara State.

8. Company Registrars: Centre Points Investments Limited Nicon House (4th Floor) 5, Customs Street, Lagos. 9. Subsidiaries/Associates: None. 10. End of Accounting Year 30th April. 11. Capital Structure i. Authorised: N20,000,000 ii. Paid-Up N7,489,867

THREE-YEAR FINANCIAL SUMMARY CAPITAL EMPLOYED 2005 2004 2003 ‘N ‘N ‘N Assets Employed: Fixed Assets 10,453,391 10,577,598 11,100,543 Deferred Charges 1,508,017 1,508,017 1,508,017 Current assets 8,325,440 6,545,646 5,442,761 Less current liabilities (1,361,124) (1,371,966) (1,849,011) ---------- ---------- ---------- 18,925,724 17,259,295 16,202,310 ======= ======= ======= Financed By: Issue & fully paid Share capital 7,489,867 7,489,867 7,489,867 Bank Loans - - - Share Premium 1,893,434 1,893,434 1,893,434 Retained profit 9,542,423 7,875,994 6,819,009 ---------- ---------- ---------- 18,925,724 17,259,295 16,202,310 ======= ======= ======= PROFIT & LOSS ACCOUNTS: Turnover 48,665,200 42,855,600 38,478,026 Cost of sales 39,605,420 35,998,704 32,321,542 ---------- ---------- ---------- Gross Profit 9,059,780 6,856,896 6,156,484 ======= ======= ======= Expenses & Depreciation 6,584,007 5,230,765 5,254,042 ---------- ---------- ---------- Profit/(Loss) before tax 2,475,773 1,626,131 902,442 Less tax provision (809,344) (569,146) (315,855) ---------- ---------- ---------- Profit after tax 1,666,429 1,056,985 586,587 Retained profit B/F 7,875,994 6,819,009 6,232,422 ---------- ---------- ---------- Retained profit C/F 9,542,423 7,875,994 6,819,009 ======= ======= =======

Important Note:

While every effort is made to ensure accuracy, no responsibility is accepted for any error, which may occur in this book.

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