Market Results Updates

Proshare

December 07, 2006




<DIV>Kindly find below results released on the floor of The Nigerian Stock Exchange,</DIV>
<DIV><SPAN style=\"FONT-SIZE: 10pt; FONT-FAMILY: Arial\">&nbsp;</SPAN></DIV>
<DIV><SPAN style=\"FONT-SIZE: 10pt; FONT-FAMILY: Arial\">
<TABLE style=\"WIDTH: 525pt; BORDER-COLLAPSE: collapse\" cellSpacing=0 cellPadding=0 width=699 border=0>
<COLGROUP>
<COL style=\"WIDTH: 149pt\" width=198>
<COL style=\"WIDTH: 122pt\" width=163>
<COL style=\"WIDTH: 107pt\" width=142>
<COL style=\"WIDTH: 78pt\" width=104>
<COL style=\"WIDTH: 69pt\" width=92>
<TBODY>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl24 style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 525pt; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" width=699 colSpan=5 height=17><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">FLOUR MILLS OF NIGERIA PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30TH SEPTEMBER 2006</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2006</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2005</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">CHANGE</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">% CHANGE</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17>
<DIV align=center><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">%</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TURNOVER</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40.100 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32.600 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.50 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">23.01%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PBT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.320 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.32 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">66.00%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TAXATION</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.997 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.611 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.39 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">63.18%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PAT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.420 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.88 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><SPAN style=\"FONT-SIZE: 10pt\"><STRONG>61.97%</STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl24 style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" colSpan=5 height=17><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">ROYAL EXCHANGE ASSURANCE PLC THIRD QUARTER RESULT FOR THE PERIOD ENDED 30TH SEPTEMBER 2006</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.95pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.95pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2006</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2005</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">CHANGE</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">% CHANGE</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17>
<DIV align=center><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">%</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TURNOVER</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.990 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.540 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.45 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">29.22%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PBT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.141 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.141 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.00 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">0.02%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TAXATION</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.023 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.022 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.00 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">0.45%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PAT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.118 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.118 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.00 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><SPAN style=\"FONT-SIZE: 10pt\"><STRONG>0.08%</STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 16.5pt\" height=22>
<TD class=xl24 style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 16.5pt; BACKGROUND-COLOR: transparent\" colSpan=4 height=22><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">NIGERIA ENAMELWARE PLC HALF YEAR RESULT FOR THE PERIOD ENDED 31ST MARCH 2006</SPAN></STRONG></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">&nbsp;</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2006</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2005</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">CHANGE</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">% CHANGE</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17>
<DIV align=center><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">%</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TURNOVER</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.130 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.07 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">6.19%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PBT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.011 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.011 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.00 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">6.71%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TAXATION</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.004 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.003 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.00 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">6.68%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PAT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.008 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.007 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.00 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><SPAN style=\"FONT-SIZE: 10pt\"><STRONG>6.69%</STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 16.5pt\" height=22>
<TD class=xl24 style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 16.5pt; BACKGROUND-COLOR: transparent\" colSpan=5 height=22><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">UNION HOMES SAVINGS &amp; LOANS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30TH SEPTEMBER 2006</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2006</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2005</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">CHANGE</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">% CHANGE</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17>
<DIV align=center><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">%</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TURNOVER</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.990 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.660 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.67 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">-14.38%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PBT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.408 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.082 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.33 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">397.56%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TAXATION</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.099 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.020 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.08 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">395.00%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PAT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.309 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.062 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.25 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><SPAN style=\"FONT-SIZE: 10pt\"><STRONG>398.39%</STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 16.5pt\" height=22>
<TD class=xl24 style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 16.5pt; BACKGROUND-COLOR: transparent\" colSpan=5 height=22><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">THE TOURIST COMPANY OF NIGERIA PLC AUDITED ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2005</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2005</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2004</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">CHANGE</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">% CHANGE</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17>
<DIV align=center><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">%</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TURNOVER</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.030 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.042 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.01 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">-1.15%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PBT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.218 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.047 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.17 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">363.83%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">TAXATION</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.006 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.098 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.09 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><STRONG><SPAN style=\"FONT-SIZE: 10pt\">-93.88%</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl29 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><STRONG><SPAN style=\"FONT-SIZE: 10pt\">PAT</SPAN></STRONG></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.225 </SPAN></TD>
<TD class=xl28 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.146 </SPAN></TD>
<TD class=xl26 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; COLOR: red; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.08 </SPAN></TD>
<TD class=xl30 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\" align=right><SPAN style=\"FONT-SIZE: 10pt\"><STRONG>54.11%</STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><SPAN style=\"FONT-SIZE: 10pt\"><STRONG></STRONG></SPAN></TD></TR>
<TR style=\"HEIGHT: 16.5pt\" height=22>
<TD class=xl24 style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 16.5pt; BACKGROUND-COLOR: transparent\" colSpan=4 height=22><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">NAMPAK NIGERIA PLC AUDITED ACCOUNT FOR THE YEAR ENDED 30TH SEPTEMBER 2006</SPAN></STRONG></TD>
<TD style=\"BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent\"><STRONG><SPAN style=\"FONT-FAMILY: Arial Narrow\">&nbsp;</SPAN></STRONG></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2005</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">2004</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">CHANGE</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">% CHANGE</SPAN></STRONG></DIV></TD></TR>
<TR style=\"HEIGHT: 12.75pt\" height=17>
<TD class=xl27 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent\" height=17>
<DIV align=center><SPAN style=\"FONT-SIZE: 10pt\">&nbsp;</SPAN></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
<TD class=xl25 style=\"BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent\">
<DIV align=center><STRONG><SPAN style=\"FONT-SIZE: 10pt\">N\'b</SPAN></STRONG></DIV></TD>
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