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

Onitsha

Ibadan

Yola

Benin

Ilorin

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

THE CORAL CROWTH FUND

1. Head office:

6th & 7th Floors,

1/5 Odunlami Street,

Lagos Island,

P. M. B. 12913, Lagos.

Tel: 234-01-2640160-9

E-mail: fsdh@fsdh-ltd.com

Website: www.fsdh-ltd.com

2. Nature of Fund:

Open-Ended.

3. Date of First Allotment:

1st February, 2001

4. Date Listed on The Exchange:

7th June, 2005

5. NSE Classification:

Memorandum Quotation

6. Fund Manager:

FSDH Asset Management Limited

7. Directors of The Manager:

Rilwan Belo-Osagie

Hamda Ambah

Ibrahim Y. Dikko

Aigboje Higo Jnr.

8. Company Secretary:

Alsec Nominees Limited

9. Auditors:

PricewaterhouseCoopers

(Chartered Accountants)

10.Fund Registrars:

United Securities Limited

11.Trustees To The Fund:

UBA Trustees Limited

22B Idowu Taylor Street,

Victoria Island, Lagos.

12. End of Accounting Year

31st December

13.Unitholders’ Fund:

i. Issued: N2,711,555,000.00

ii. Number of Units Issued: 1,858,378

14. Proposed Portfolio Structure:

Equity Investments 80%

Money Market Investments 20%

15. Actual Portfolio Structure (2006):

Equity Investments - 70.8%

Money Market Investments - 27.5%

Government Bonds - 1.7%

FOUR-YEAR FINANCIAL SUMMARY

STATEMENT OF

TOTAL RETURN 2006 2005

N“000 N“000

Net gains on trading activities 653,530 118,002

Other investment income 142,873 79,903

Operating expenses (128,499) (110,125)

------------ ------------

Net income before tax 667,904 87,780

Taxation (6,003) (2,386)

------------ ------------

Net income after tax 661,901 85,394

Proposed distribution (29,994) (25,000)

------------ ------------

Transfer to retained distribution 631,907 60,394

======= =======

STATEMENT OF CHANGES IN NET ASSET ATTRIBUTABLE TO UNITHOLDERS:

Brought forward

at 1st January 2,108,125 401,489

Amounts received on

creation of units 340,748 1,849,209

Amounts paid on

cancellation of units (339,892) (202,967)

------------ ------------

2,048,981 2,047,731

Proposed dividends 29,994 -

Increase in unitholders’ funds 631,907 60,394

------------ ------------

At 31 December 2,710,882 2,108,125

======= =======

BALANCE SHEET:

Trading securities 1,827,802 1,517,737

Receivables 227,433 15,931

Money market investments 733,796 673,079

Bank balances 3,222 2,161

------------ ------------

Total assets 2,792,253 2,208,908

Payables (81,371) (100,783)

------------ ------------

Net assets 2,710,882 2,108,125

======= =======

REPRESENTED BY:

Unitholders’ funds 2,710,882 2,108,125

======= =======

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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