BGL Securities Limited: Change in Directorate

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April 3, 2012

The Company, a Dealing Member Firm, has notified The Exchange of the appointment of a new Managing Director and is seeking approval.

Appointment:

Peter Sunday Adebola: Managing Director

Profile:

Peter Sunday Adebola holds Masters Degrees in International Securities Investment and Banking from University of Reading, England and Economics from University of Ibadan.

He is an Associate Member of Chartered Institute of Stockbrokers, Institute of Chartered Accountants of Nigeria, Certified Pension Institute of Nigeria, Chartered Institute of Securities & Investment, United Kingdom and a Professional Certificate in International Fixed Income and Derivatives.

He has worked with WSTC Financial Services Limited, Capital Express Securities Limited and Wesley Morgan Consulting Limited.

Any objection to the appointment of Mr. Peter Sunday Adebola as the Managing Director in BGL Securities Limited should be forwarded to The Exchange within 7 days of this publication.

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