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

NIGERIAN INTERNATIONAL GROWTH FUND (NIGFUND)

1. Head Office Address:

2, Kofo Abayomi Street,

Victoria Island,

Lagos.

Tel: 234-01-2610408-12, 3200406-9, 4829151

2. Nature of Fund:

Open-Ended

3. Date of First Allotment:

1st November, 2002

4. Date Listed on The Exchange:

25th February, 2003

5. NSE Classification:

Memorandum Quotation

6. Fund Manager:

Fidelity Bank Plc

2, Kofo Abayomi Street,

Victoria Island,

Lagos.

7. Directors of The Manager:

Mr. Peter Gregory Obi (Chairman)

Mr. Reginald Ihejiahi (MD/CEO)

Mr. Willie Obiano

Major General Mohammed Magoro (Rtd.)

Rear Admiral G. Ndubuisi Kanu (Rtd.)

Mr. Emmanuel Okechukwu

Chief Elias E. Nwosu

Mrs. Bessie N. Ejecham

Mr. Nnamdi I. Oji

8. Company Secretary:

Chijioke Ugochukwu

Fidelity Bank Plc.

9. Auditors:

Akintola Williams Deloitte

(Chartered Accountants)

235, Ikorodu Road, Ilupeju

P. O. Box 965, Marina, Lagos.

Tel: 234-01-2717800, 4930720-4

Fax: 234-01-4970023

Website: www.deloitte.com

10 Fund Registrars:

First Registrars Nigeria Limited

Plot 2, Abebe Village Road,

Iganmu, Lagos.

11.Trustees To The Fund:

First Trustees Nigeria Limited

2nd Floor, A. G. Leventis Building

42/43 Marina, Lagos.

12. End of Accounting Year

30th June

13.Unitholders’ Fund

i. Authorised: N2,000,000,000.00

ii. Paid-Up N327,051,148.00

14.Proposed Portfolio Structure

Equity Investments - 60%

Money Market Investments - 20%

Property Investments - 20%

15. Actual Portfolio Structure (2005):

Equity Investments - 60%

Money Market Investments - 40%

TWO-YEAR FINANCIAL SUMMARY

NCOME & EXPENDITURE

ACCOUNTS 2005 2004

N“000 N“000

INCOME:

Investment income 121,479 219,874

Stabilisation income - 84,877

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

121,479 304,751

EXPENDITURE:

Management expenses 12,570 22,472

Administrative expenses 30,642 12,533

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

43,211 35,005

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

Surplus of income over

expenditure before taxation 78,368 269,745

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

APPROPRIATIONS:

Reserve for dividend 78,267 79,278

Stabilisation reserve - 44,136

Revaluation reserve - 112,710

Retained earnings - 33,622

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

78,268 269,745

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

Earnings per unit (k) 23.93 81.10

Dividend per unit (k) 23.93 25.00

ASSETS:

Cash and bank 3,080 4,226

Investment 483,210 594,861

Debtors 7,559 21,126

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

493,849 620,212

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

LIABILITIES:

Sundry creditors 90,777 94,587

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

Net assets 403,072 525,625

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

FINCED BY:

Trust Fund 327,051 332,613

Revaluation reserve - 112,710

Stabilisation reserve 42,399 46,681

Retained earnings 33,622 33,622

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

403,072 525,625

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

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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