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

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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

UNION VENTURES AND PETROLEUM PLC

1. Head Office: No. 5, Emmanuel Kolawole Street Off Bajulaiye Road, Shomolu, Lagos. Tel: 234-01-821795, 4729645. Telex: 26490 NSL. E-mail: unionventurespetroleumplc@yahoo.com 2. Nature of Business: Marketing of Petroleum Products and General Trading. 3. Date of Incorporation: 18th November, 1976 4. Date Listed on The Exchange: 30th March, 1993 5. NSE Classification: Emerging Markets/SSM 6. Board of Directors: Mr. E. U. Udebuani Sir F. C. Okeke Prof. I. A. Adalemo Mr. C. B. Ifechigha 7. Company Secretary: Sir P. F. C. Mbonu FCIS (KSJ) 129, Okota Road, Isolo, Lagos. Tel: 234-01-522449

8. Auditors: Abimbola Odusanya & Co., (Chartered Accountants) 24, Western Avenue, Opposite Abalti Barracks Surulere, Lagos. 9. Company Registrars: Corporate Diamond Securities & Investment Limited 5th Floor, Elder Dempster House, 47, Marina, Lagos. P. M. B. 030, Festac Town, Lagos. Tel/Tax: 234-01-2610608. 10. End of Accounting Year 31st December 11. Number of Employees: 45 12.Capital Structure i. Authorised: N15,000,000 ii. Paid-Up N14,300,000

FIVE-YEAR FINANCIAL SUMMARY PROFIT AND LOSS FOR YEAR ENDED 2005 2004 2003 2002 2001 N‘000 N‘000 N‘000 N‘000 N‘000 ASSETS EMPLOYED Fixed Assets 17,432 19,104 17,889 18,898 17,277 Long Term Investment 1,314 1,314 1,284 1,799 1,768 Creditors failing due after one year (4,700) (4,300) (2,500) (3,500) (2,500) Current Assets (net) 11,576 8,395 6,036 3,714 3,479 --------- ---------- ---------- ---------- -------- 25,622 24,513 22,709 20,911 20,024 ====== ====== ====== ====== ====== FINANCED BY: Share Capital 14,300 14,300 14,300 14,300 14,300 Capital reserves 2,834 2,834 2,834 2,834 2,834 Share Premium 320 320 320 320 320 Transfer to General Reserve 8,168 7,059 5,255 3,457 2,570 -------- -------- --------- -------- ------- 25,622 24,513 22,709 20,911 20,024 --------- --------- --------- --------- ------- TURNOVER, PROFIT AND LOSS APPROPRIATION: Turnover 87,639 77,013 77,626 66,648 75,740 Profit before tax 1,488 2,167 2,043 995 991 Taxation 379 363 245 108 163 Profit After Tax 1,109 1,804 1,798 887 828 ===== ===== ==== ===== ------ Earning Per 50k Share 3.88k 6.31k 6.29k 3.10k 2.89k

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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