N° 76 Tuesday, April 18, 2017 Indices BRVM 10 241.82 Daily Change:  -0.08% Change / YTD  -7.68% BRVM Composite Capitalization (All shares) 275.57 - Equities: 7 278.74 (XOF Billion) : Daily Change:  -0.33% Change / -5.68% - Bonds: 2 462.62 YTD 

Volume and Value traded Indices 1 600 000 2 500 BRVM10 BRVM C 305 1 400 000 295 300 2 000

1 200 000 m) (XOF Value traded 285 295

1 000 000 30375 ### 32650 275 290 1 500 285 800 000 30375 ### 265 1 000 280 600 000 255 Volume Volume traded 32000 ### 34400 275 400 000 245 500 270 200 000 235 265

0 0 225 260 32200

VOLUME VALUE BRVM 10 BRVM Composite

SUMMARY TOP GAINS BRVM main indices closed the trading session this tuesday lower than the previous day. BRVM 10 TOP LOSSES SOGB COTE D'IVOIRE decreased from 242.01 to 241.82 points, a drop of 0.08%. BRVM Composite index lost 0.33% to 275.57 SOLIBRA COTE D'IVOIRE points against 276.49 points previously. Value (XOF): 42 850 Value (XOF): 143 375

Change : 7.49% 1. The traded value is XOF 601.92 million against XOF 531.67 million last friday. Change : -7.50%

SAPH COTE D'IVOIRE 2. Equity Market capitalization is XOF 7 278.74 billion and Bond Market capitalization is XOF TOTAL Value (XOF): 13 000 2 462.62 billion. Value (XOF): 17 510

Change : 5.18% Change : -4.84% 3. The Top Security by volume is ETI TG with 414 450 shares and by value is SOGB CI with a XOF UNIWAX COTE D'IVOIRE 148.99 million total traded value. CIE COTE D'IVOIRE

Value (XOF): 24 000 Value (XOF): 68 000

Variation: 2.56% TOP 5 BY VOLUME Variation : -2.86%

BICI COTE D'IVOIRE Securities Volume Value (XOF) TOTAL COTE D'IVOIRE

Value (XOF): 97 000 Transnational Incorporated 414 450 8 303 450 Value (XOF): 13 600

Variation: 0.99% TPCI 6.55% 2014-2022 5 000 50 000 000 Change : -2.86%

SONATEL SENEGAL SOGB COTE D'IVOIRE 3 477 148 988 600 NEI-CEDA COTE D'IVOIRE Value (XOF): 24 450 VIVO ENERGY COTE D'IVOIRE 2 904 5 757 550 Value (XOF): 1 700

Change : 0.62% SUCRIVOIRE COTE D'IVOIRE 2 031 21 326 880 Change : -2.30%

Scurities traded / Market Volume Value (XOF) Number of transactions Number of securities Listed Gains Flat Losses

Equities 33 /43 431 591 533 928 145 452 6 8 19 Bonds 10 /41 7 199 67 989 238 20 0 7 3 Total 43 /84 438 790 601 917 383 472 6 15 22

MARKET NEWS INDICATORS

Ongoing transactions : Indices Opening Closing Change TRITURAF CI- Delisting is postponed. ETI TG: Dividend payment of 0,2 cents of US Dollars on april, 28th 2017, for financial year 2015. BRVM 10 240.23 241.82 0.66% BOA ML: Dividend payment of XOF 27 90 on may, 2nd 2017. BOA BF- Dividend payment of XOF 6 930 on May, 4th 2017. BRVM Composite 275.11 275.57 0.17% BOA CI: Dividend payment of XOF 5 480 on may, 8th 2017 . Liquidity ratio: 11.83% BOA SN: dividend payment of XOF 1 000 on may, 15 th 2017. PER (Average): 20.38 Number of participating brokerage firms/Total: 22 /24

WEST AFRICAN ECONOMIC AND MONETARY UNION REGIONAL STOCK EXCHANGE ‐ BRVM LIMITED COMPANY, CAPITAL XOF 3 062 040 000 Head office: ‐ CÔTE D'IVOIRE, Address: 18 Rue Joseph Anoma (Rue des Banques) ‐ 01 B.P 3802 Abidjan Tel: +225 20 32 66 85/86, Fax: +225 20 32 66 84, E‐mail: @brvm.org, Website: www.brvm.org EQUITY MARKET Tuesday, April 18, 2017

Day Summary Share price Price Range Dividend paid Daily Annual Change / Reference Div. Symbol Equity Previous Price Board PER Change Year To Date Price Yield Volume Value Opening Closing Average Low High Net Income Date

INDUSTRY - SECTOR 128,25 points -2.77%

CABC SICABLE CI 59 990 NT NT NT -31.44% 59 990 55 495 64 485 1 200 28-Jul-16 1st 2.00% 14.86

FTSC FILTISAC CI (*) 71 992 325 14 000 14 000 14 000 13 976 0.00% -40.43% 14 000 12 950 15 050 1 500 23-Dec-16 1st 10.71% 12.56

NEIC NEI-CEDA CI 10 17 000 1 740 1 700 1 700 1 700 -2.30% -43.33% 1 700 1 575 1 825 225 28-Jun-01 1st - -

NTLC NESTLE CI 55 000 NT NT NT 3.77% 55 000 50 875 59 125 630 12-Aug-11 2nd - 19.36

SEMC CROWN SIEM CI 30 000 NT NT NT -9.09% 30 000 27 750 32 250 1 215 30-Sep-16 2nd 4.05% 24.08

SIVC AIR LIQUIDE CI 21 126 000 6 000 6 000 6 000 6 000 0.00% -45.45% 6 000 5 550 6 450 630 18-Aug-15 1st 14.74

SLBC SOLIBRA CI 13 1 863 900 155 000 143 375 143 375 143 377 -7.50% -19.17% 143 375 132 625 154 125 4 101 30-May-16 1st 2.86% 10.43

SMBC SMB CI 5 116 975 23 395 23 395 23 395 23 395 0.00% 25.78% 23 395 21 645 25 145 450 18-Jul-12 1st - 8.24

STBC SITAB CI 26 2 788 050 109 000 108 000 107 050 107 233 -1.79% -28.63% 107 050 99 025 115 075 8 150 9-Jun-16 1st 7.61% 10.45

TTRC TRITURAF CI-ongoing closeout 490 SP SP SP 490 455 525 1 440 19-Jul-02 2nd ND ND

UNLC CI 14 900 NT NT NT -21.58% 14 900 13 785 16 015 1 233 9-Jul-12 2nd - -

UNXC UNIWAX CI 114 2 694 700 23 400 23 000 24 000 23 638 2.56% -9.43% 24 000 22 200 25 800 486 1-Jun-16 2nd 2.03% 20.65

TOTAL 260 8 598 950

PUBLIC UTILITIES - SECTOR 754,65 points 0.13%

CIEC CIE CI 312 21 304 055 70 000 69 000 68 000 68 282 -2.86% -8.72% 68 000 62 900 73 100 2 641 15-Sep-16 1st 3.88% 23.16

ONTBF ONATEL BF 1 524 15 946 030 10 350 10 495 10 200 10 463 -1.45% -15.00% 10 200 9 435 10 965 651 1-Jun-16 1st 6.38% 14.42

SDCC SODE CI 26 1 793 700 69 000 69 000 68 700 68 988 -0.43% -18.70% 68 700 63 550 73 850 3 240 30-May-16 1st 4.72% 18.79

SNTS SONATEL SN 1 710 41 117 550 24 300 24 000 24 450 24 045 0.62% -2.20% 24 450 22 620 26 280 1 500 10-May-16 1st 6.13% 9.82

TOTAL 3 572 80 161 335

FINANCIAL SERVICES - SECTOR 106,35 points -0.37%

BICC BICI CI 15 1 453 100 96 050 97 000 97 000 96 873 0.99% -1.92% 97 000 89 725 104 275 4 231.50 20-Jul-16 1st 4.36% 17.57

BOAB BANK OF AFRICA BN 297 65 194 965 220 000 220 000 220 000 219 512 0.00% 30.96% 220 000 203 500 236 500 8 100 17-May-16 1st 3.68% 17.68

BOABF BANK OF AFRICA BF 52 10 587 650 205 000 200 505 201 600 203 609 -1.66% 44.52% 201 600 186 480 216 720 6 692 13-Apr-16 1st 3.32% 17.82

BOAC BANK OF AFRICA CI 316 55 637 255 177 500 176 005 176 100 176 067 -0.79% 26.69% 176 100 162 895 189 305 6 200 18-Apr-16 1st 3.52% 17.35

BOAM BANK OF AFRICA ML 244 12 332 360 51 000 50 995 50 500 50 542 -0.98% 26.25% 50 500 46 715 54 285 1st 11.06

BOAN BANK OF AFRICA NG 33 3 253 485 100 000 99 995 99 500 98 590 -0.50% 10.56% 99 500 92 040 106 960 4 817 9-May-16 1st 4.84% 15.08

BOAS BANK OF AFRICA SN 289 21 389 760 75 000 74 010 73 995 74 013 -1.34% 57.44% 73 995 68 450 79 540 750 1-Aug-16 1st 1.01% 21.92

CBIBF CORIS BANK INTERNATIONAL BF 579 28 122 015 50 000 48 500 49 500 48 570 -1.00% 14.98% 49 500 45 790 53 210 1st 18.89

ETIT ECOBANK TRANS. INCORP. TG (**) 414 450 8 303 450 20 21 20 20 0.00% -20.00% 20 19 21 1.992 19-Jul-13 1st 9.96% 5.65

SAFC SAFCA CI 26 500 NT NT NT 15.07% 26 500 24 515 28 485 1 440 29-Jul-11 1st 5.43% 48.49

SGBC SGB CI 63 9 766 215 155 000 155 000 155 100 155 019 0.06% 6.23% 155 100 143 470 166 730 5 228 28-Jun-16 1st 3.37% 17.85

SIBC SOCIETE IVOIRIENNE DE BANQUE CI 1 215 28 621 300 24 000 23 800 23 995 23 557 -0.02% 0.80% 23 995 22 200 25 790 1st - 16.20

TOTAL 417 553 244 661 555

TRANSPORTATION - SECTOR 977,55 points -0.02%

SDSC BOLLORE TRANS. & LOG. CI 202 000 NT NT NT -31.99% 202 000 186 850 217 150 9 581 28-Jun-16 1st 4.74% 30.01

SVOC MOVIS CI 25 91 250 3 700 3 650 3 650 3 650 -1.35% -6.41% 3 650 3 380 3 920 270 5-Jul-99 2nd - - TOTAL 25 91 250

AGRICULTURE - SECTOR 203,73 points 3.22%

PALC PALM CI 11 137 500 12 500 12 500 12 500 12 500 0.00% -10.71% 12 500 11 565 13 435 647 7-Jul-15 2eme - -

SCRC SUCRIVOIRE ci 2 031 21 326 880 10 505 10 500 10 500 10 501 -0.05% -30.09% 10 500 9 715 11 285 1er 8.77

SICC SICOR CI 5 460 NT NT NT -50.81% 5 460 5 055 5 865 1 919 25-Sep-00 1er - 48.01

SOGC SOGB CI 3 477 148 988 600 39 865 42 850 42 850 42 850 7.49% 29.85% 42 850 39 640 46 060 1 710 25-Jul-16 1er 3.99% 21.65

SPHC SAPH CI 299 3 890 355 12 360 13 000 13 000 13 011 5.18% -7.14% 13 000 12 025 13 975 580.5 13-Jun-14 1er - 56.78

TOTAL 5 818 174 343 335

DISTRIBUTION - SECTOR 437,33 points -1.74%

ABJC SERVAIR ABIDJAN CI 213 631 250 3 000 3 000 2 950 2 964 -1.67% -45.12% 2 950 2 730 3 170 90 16-Jun-16 1er 0.15% 30.74

BNBC BERNABE CI 134 000 NT NT NT -22.99% 134 000 123 950 144 050 5 500 8-Jul-16 1er 4.10% 18.94

CFAC CFAO MOTORS CI 26 1 664 000 65 000 64 000 64 000 64 000 -1.54% 3.23% 64 000 59 200 68 800 2 297.70 29-Jul-16 2eme 3.59% 25.07

PRSC TRACTAFRIC MOTORS CI 5 1 125 000 225 000 225 000 225 000 225 000 0.00% -47.06% 225 000 208 125 241 875 13 050 5-Jul-16 1er 5.80% 12.94

SHEC VIVO ENERGY CI 2 904 5 757 550 2 000 2 000 2 000 1 983 0.00% -33.33% 2 000 1 850 2 150 33 27-Jul-16 2eme 0.03% 38.58

TTLC TOTAL CI 1 123 15 283 000 14 000 14 000 13 600 13 609 -2.86% -30.26% 13 600 12 580 14 620 450 2-Aug-16 1er 3.31% 31.63

TTLS TOTAL SN 92 1 610 920 18 400 17 510 17 510 17 510 -4.84% -18.14% 17 510 16 200 18 820 935 15-Jul-16 1er 5.34% 14.43

TOTAL 4 363 26 071 720

MISC. - SECTOR 301,11 points  0.00% STAC SETAO CI 24 390 NT NT NT -30.31% 24 390 22 565 26 215 2eme - 9.64

TOTAL

TOTAL - Equity market 431 591 533 928 145

RIGHTS MARKET

Summary Share price Price Range Trading Period Daily Annual Change / Reference Symbol Rights Previous Price Ratio Change Year To Date Price Volume Value Opening Closing Average Low High Start End

TOTAL - Rights Market

Legend: (*) payment of dividend of XOF 1045 on june, 30 th 2016 and payment of additionnal dividend of XOF 1500 on december, 23 rd. (**) the capital of the company includes convertible preference shares after 3 to 5 years into common shares. NT: Not Traded NA: Not Available or Not Applicable Ex-c: Ex-coupon Ex-d: Ex-rights SP: Suspended PER (Price Earning Ratio) = Reference Price / Net earning per share Net Return = Net dividend / Reference price Board: 1 - First board 2 - Second board 3 - Growth board Liquidity ratio = Volume traded / Ask orders volume. : Increase of sector index : Decrease of sector index : Stability of sector index

2 BOND MARKET Tuesday, April 18, 2017

Summary Share price Price Range Coupon Previous Daily Reference Nominal Accrued Amort. Symbol Bonds Price Change Price Value Interest Type Volume Value Opening Closing Average Low High Périod Amount Interest Payment date

REGIONAL BONDS

BHB.O1 BHB 6.25% 2012-2017 10 000 NT NT NT 10 000 9 250 10 750 10 000 304.21 AC A 587.5 11-Oct-16

BIDC.O2 BIDC 6.75 % 2010-2017 10 000 NT NT NT 10 000 9 250 10 750 10 000 25.89 ACD S 338.425 04 Apr./ 04 Oct.

BIDC.O3BIDC-EBID 6.50% 2014-2021 51 510 000 10 000 10 000 10 000 10 000 0.00% 10 000 9 250 10 750 10 000 37.09 ACD S 325.00 28 March/ 28 Sep.

BOABF.O3 BOA BURKINA F. 6.25% 2012-2017 10 000 NT NT NT 10 000 9 250 10 750 10 000 304.21 AC A 587.5 11-Oct-16

BOAC.O2 BOA - CI 6.25% 2012-2017 10 000 NT NT NT 10 000 9 250 10 750 10 000 317.16 AC A 612.5 11-Oct-16

BOAD.O11 BOAD 5.95% 2012-2019 10 000 NT NT NT 10 000 9 250 10 750 10 000 70.10 ACD A 595.00 6-Mar-17

BOAD.O12 BOAD 5.95% 2014-2021 10 000 NT NT NT 10 000 9 250 10 750 10 000 184.21 ACD A 595.00 26-Dec-16

BOAN.O2 BOA 6.25% 2012-2017 9 250 NT NT NT 9 250 8 560 9 940 10 000 304.21 AC A 587.5 11-Oct-16

BOAS.O2BOA SENEGAL 6.50% 2012-2017 50 500 000 10 000 10 000 10 000 10 000 0.00% 10 000 9 250 10 750 10 000 316.38 IF A 611.00 11-Oct-16

CRRH.O1 CRRH-UEMOA 6.10% 2012-2022 10 000 NT NT NT 10 000 9 250 10 750 10 000 107.85 AC S 305.00 13 Feb. / 13 Aug.

CRRH.O2 CRRH-UEMOA 6.10% 2012-2024 10 000 NT NT NT 10 000 9 250 10 750 10 000 153.34 AC S 305.00 17 Jan. / 17 July

CRRH.O3 CRRH-UEMOA 6% 2013-2023 10 000 NT NT NT 10 000 9 250 10 750 10 000 286.81 AC S 300.00 26 Apr. / 26 Oct.

CRRH.O4 CRRH-UEMOA 6% 2014-2024 9 999 NT NT NT 9 999 9 250 10 745 10 000 179.67 AC S 300.00 30 June / 30 Dec.

CRRH.O5CRRH-UEMOA 5.85% 2015-2025 200 2 000 000 10 000 10 000 10 000 10 000 0.00% 10 000 9 250 10 750 10 000 166.68 AC S 290.096 4 Jan. / 4 July

EOM.O1 ETAT DU 6.20% 2016-2023 10 000 NT NT NT 10 000 9 250 10 750 10 000 560.55 ACD A 620.00 23-mai

EOS.O4ETAT SENEGAL 6.70% 2012-2019 1 000 5 999 400 6 000 5 999 5 999 5 999 -0.01% 5 999 5 550 6 445 6 000 137.67 ACD A 402.00 14-Dec-15

EOS.O5 ETAT SENEGAL 6.50% 2013-2023 10 000 NT NT NT 10 000 9 250 10 750 10 000 141.85 ACD S 325.00 29 Jan. / 29 July

EOS.O6 ETAT SENEGAL 6.50% 2014-2021 9 900 NT NT NT 9 900 9 160 10 640 10 000 254.97 ACD S 325.00 27 May / 27 Nov.

EOS.O7ETAT SENEGAL 6.30% 2015-2025 162 1 619 838 9 999 9 999 9 999 9 999 0.00% 9 999 9 250 10 745 10 000 248.55 ACD S 312.411 25 May / 25 Nov.

ORGT.O1 ORAGROUP 6.75% 2013-2019 10 000 NT NT NT 10 000 9 250 10 750 10 000 250.34 ACD S 337.5 04 June / 04 Dec.

PAAC.O1 PAA 6.95% 2010-2017 1 000 NT NT NT 1 000 925 1 075 1 000 26.31 ACD S 33.77 28 May / 28 Nov.

PADS.O2 PAD 7% 2010-2017 1 250 NT NT NT 1 250 1 160 1 340 1 250 24.40 ACD S 37.9582 22 June / 22 Dec.

PALC.O1 PALMCI 7% 2009-2016 10 000 NT NT NT 10 000 9 250 10 750 10 000 208.62 ACD S 342.06 28 June / 28 Dec.

SHAF.O3 SHELTER AFRIQUE 6.6% 2014-2021 (*) 8 000 Amort NT NT NT 8 000 7 400 8 600 8 000 70.88 ACD S 261.83 28 Feb. / 28 Aug

SIFC.O1 SIFCA 6.90% 2013-2021 10 000 NT NT NT 10 000 9 250 10 750 10 000 468.71 ACD A 676.2 08-août

TPBF.O3 TPBF 6,50% 2013-2020 9 900 NT NT NT 9 900 9 160 10 640 10 000 251.38 ACD S 325.00 29 May / 29 Nov.

TPCI.O10 TPCI 7% 2010-2017 9 900 NT NT NT 9 900 9 160 10 640 10 000 381.64 AC A 700.00 01-oct

TPCI.O13 TPCI 6.50% 2012-2017 10 000 NT NT NT 10 000 9 250 10 750 10 000 375.75 ACD A 650.00 19-Sep-16

TPCI.O15TPCI 6.30% 2013-2018 96 960 000 10 001 10 000 10 000 10 000 -0.01% 10 000 9 250 10 750 10 000 235.38 ACD S 315.00 3 June / 3 Dec.

TPCI.O16TPCI 6.55% 2014-2022 5 000 50 000 000 10 000 10 000 10 000 10 000 0.00% 10 000 9 250 10 750 10 000 597.58 ACD A 655.00 20-mai

TPCI.O17 TPCI 3% 2014-2024 10 000 NT NT NT 10 000 9 250 10 750 10 000 98.90 ACD S 150.00 19 June / 19 Dec.

TPCI.O18 TPCI 5.85% 2014-2021 9 700 NT NT NT 9 700 8 975 10 425 10 000 192.86 ACD S 292.5 19 June / 19 Dec.

TPCI.O19 TPCI 5.99% 2015-2025 10 000 NT NT NT 10 000 9 250 10 750 10 000 556.33 ACD A 599.00 14-mai

TPCI.O20 TPCI 5.85% 2015-2022 10 000 NT NT NT 10 000 9 250 10 750 10 000 20.78 ACD S 292.5 5 Apr / 5 Oct.

TPCI.O21TPCI 6% 2016-2028 121 1 210 000 10 000 10 000 10 000 10 000 0.00% 10 000 9 250 10 750 10 000 16.44 ACD A 600.00 08-avr

TPCI.O22TPCI 5.90% 2016-2026 500 5 000 000 10 000 10 000 10 000 10 000 0.00% 10 000 9 250 10 750 10 000 496.25 ACD A 590.00 15-juin

TOTAL 7 180 67 799 238

INTERNATIONAL BONDS

TOTAL

SUKUK AND CORRESPONDING SECURITIES

Summary Share price Price Range Passed Profit margin Previous Daily Reference Nominal Amort. Symbol Security profit Price Change Price Value Type Volume Value Opening Closing Average Low Highmargin Périod Amount Payment date

SUKCI.S1 SUKUK ETAT DE COTE D'IVOIRE 5,75% 2015-2020 10 000 NT NT NT 10 000 9 250 10 750 10 000 177.29 AC S 290.694 28 Jun/28 Dec

SUKCI.S2 SUKUK ETAT DE COTE D'IVOIRE 5,75% 2016-2023 10 000 NT NT NT 10 000 9 250 10 750 10 000 67.08 ACD S 293.889 7 Sept/7 March

SUKSN.S1 SUKUK ETAT DU SENEGAL 6,25% 2014-2018 10 000 NT NT NT 10 000 9 250 10 750 10 000 157.11 AC S 315.972 18 July/18 Jan

SUKSN.S2SUKUK ETAT DU SENEGAL 6% 2016-2026 19 190 000 10 001 10 000 10 000 10 000 -0.01% 10 000 9 250 10 750 10 000 136.67 ACD S 301.667 26 July/26 Jan

SUKTG.S1 SUKUK ETAT DU TOGO 6,5% 2016-2026 10 000 NT NT NT 10 000 9 250 10 750 10 000 0 ACD S 0 17 Aug/17 Feb TOTAL 19 190 000

TOTAL - BOND MARKET 7 199 67 989 238

Legend: (*) Previous price = 100% of the nominal value on 29th november 2016 Amort. Type: Type of depreciation IF: In Fine AC: Constant Depreciation AD: Degressive Depreciation ACD: Differed Constant Depreciation Period: Coupons payment Period A: Annualy S: Semi-annualy T: Quarterly NT: Not Traded NA: Not Available or Not Applicable Ex-c: Ex-coupon SP: Suspended

3