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

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E-mail: nse@nigerianstockexchange.biz

Website:www.nigerianstockexchange.com

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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.,

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FACTBOOK 2008

ONWUKA HI-TEK INDUSTRIES PLC

1. Head Office: Onwuka Industrial Estate, Aba-Owerri Road, Abayi, G. P. O. Box 2929, Aba, Nigeria. Tel: 234-084-220814 2. Nature of Business: Manufacturing 3. Date of Incorporation: 8th April, 1980 4. Date Listed on The Exchange: 9th September, 1991 5. NSE Classification: Engineering Technology 6. Board of Directors: Chief Onwuka Kalu (Chairman) Mr. Egbu Kalu (Managing Director) Chief Chika Akanu Agu Maj. Gen. Muhammed Magoro (Rtd.) Elder Kalu Ogba Dr. (Mrs.) Nnenna Mkpa 7. Company Secretary: Ms Ada Kalu 8. Auditors: Babatunde Ibitoye & Co. (Chartered Accountants) 58. Ikwerre Road, P. O. Box 12382 Port-Harcourt.

9. Company Registrars: A. G. Leventis & Co. Nig. Plc., Registrars Department, Iddo House, Iddo, Lagos. 10. Subsidiaries/Associates: Onwuka Interbiz Group. 11. End of Accounting Year 31st December 12. Number of Employees 19 13. Capital Structure i.Authorised: N 40,000,000.00 ii.Paid-Up N 34,086,199.00 14. Analysis of Shareholding Nigerian - 100%

FIVE-YEAR FINANCIAL SUMMARY CAPITAL EMPLOYED 2004 2003 2002 2001 2000 N‘000 N‘000 N‘000 N‘000 N‘000 Fixed Assets 67,831 78,432, 108,562 139,115 193,676 Current Assets 5,605 4,126 1,767 1,177 2,107 Creditors (80,011) (79,781) (79,773) (79,703) (79,952) ——— ——— ——— ——— ——— Net Assets (6,575) 2,777 30,557 60,589 115,831 ======= ======= ====== ====== ====== FINANCED BY: Share Capital 34,086 34,086 34,086 34,086 34,086 Profit/(loss) Account (245,216) (235,863) (208,083) (178,051) (112,809) Revaluation Reserve 203,054 203,054 203,054 203,054 203,054 Share premium 1,500 1,500 1,500 1,500 1,500 ——— ——— ——— ——— ——— Shareholders’ fund (6,575) 2,777 30,557 60,589 115,831 ======= ======= ====== ====== ====== PROFIT & LOSS ACCOUNTS Turnover 29,510 10,937 6,354 4,783 4,230 ======= ======= ====== ====== ====== Loss before taxation (9,352) (27,780) (30,032) (55,241) (19,131) Taxation - - - - - Loss brought forward (235,863) (208,083) (178,051) (122,809) (103,678) Loss carried forward (245,216) (235,863) (208,083 (178,051) (122,809) ======= ======= ====== ====== ====== Earning per 50k Share (actual) (13.71)k (40.75)k (44.05)k (81.03)k (28.06)k

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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