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A n n u a l 2010 Report & Accounts 1 . . . a w e l c o m e r e l i e f

CONTENTS PAGE Directors and Professional Advisers 2 Results at a Glance 3 Notice of Annual General Meeting 4 - 5 Chairman’s Statement 6 - 9 Board of Directors 10 - 11 Report of the Directors 12 - 17 Report of the Audit Committee 18

AUDITED FINANCIAL STATEMENTS Report of the Independent Auditors 19 Statement of Significant Accounting Policies 20 - 28 Executive Management 29 Balance Sheet 30 Profit and Loss Account 31 Detailed Revenue Account 32 Statement of Cashflow 33 Notes to the Financial Statements 34 - 44 Statement of Value Added 45 Five-Year Financial Summary 46 Non Life Revenue and Profit and Loss Account 47 General Accident – Revenue Account 48 Fire – Revenue Account 49 Marine – Revenue Account 50 Motor – Revenue Account 51 Unclaimed Dividend 52 - 60 E-Dividend Mandate Form 61 Proxy Form 63

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DIRECTORS AND PROFESSIONAL ADVISERS RESULTS AT A GLANCE

DIRECTORS: Chief S. I. Adegbite, OFR Chairman 2010 2009 B.O. Oshadiya Managing Director N'000 N'000 Chief J. A. Odeyemi, MFR Mrs. Seinye O.B. Lulu-Briggs Major Balance Sheet Items O. Okeowo Investments 1,537,300 1,666,403 A. G. Adegbite O. O. Fowora Fixed assets 1,118,893 583,998 R. O. Balogun Insurance funds 240,703 181,124 G. O. Omosehin appointed 16th December, 2010 Y. A. Adewusi appointed 16th December, 2010 Share capital 3,251,753 2,501,753 Dr R. C. Obieri OON retired 30th October, 2010 Contingency reserve 184,040 160,254 M. O. Sofela retired 31st December, 2010 Shareholders' funds 3,471,976 3,027,193 REGISTERED OFFICE: Oasis House Total assets 3,928,413 3,424,867 298, Ikorodu Road Anthony Lagos Major Profit and Loss Items

SECRETARIES: Skil Associates Gross premium 1,226,181 895,075 22A Glover Road, Investment income (5,430) 72,481 Ikoyi, Lagos Underwriting profit 730,521 571,965 Profit /loss before taxation 97,906 (39,140) AUDITORS: Doyin Owolabi & Co (Chartered Accountants) 14, Falolu Street, Profit/loss after taxation 61,427 (95,537) Surulere, Lagos

REGISTRARS: Intercontinental Registrars 274 Murtala Mohammed Way Alagomeji, Yaba, Lagos

SOLICITORS: Messrs Idowu Sofola & Co Ereke House 4th & 5th Floors Plot 15, IPM Road C.B.D., Alausa Lagos

BANKERS: First Bank of Nigeria Plc. Fidelity Bank Plc. Guaranty Trust Bank Plc.

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DIRECTORS AND PROFESSIONAL ADVISERS RESULTS AT A GLANCE

REGISTRARS: Intercontinental Registrars 274 Murtala Mohammed Way Alagomeji, Yaba, Lagos

SOLICITORS: Messrs Idowu Sofola & Co Ereke House 4th & 5th Floors Plot 15, IPM Road C.B.D., Alausa Lagos

BANKERS: First Bank of Nigeria Plc. Fidelity Bank Plc. Guaranty Trust Bank Plc.

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NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING (Contd)

NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of members of Oasis Insurance Plc will be Closure of Register held at Damola Hall, Kakanfo Inn, 1, Nihinlola Street, Off Joyce'B Road, M. K. O Abiola Way (Ring Road), The Register of Members and Transfer Books of the Company will be closed from Monday 15th to Friday 19th Ibadan, Oyo State on Friday 26th August 2011 at 11 a.m. to transact the following business: August 2011.

ORDINARY BUSINESS

1 To receive the directors report, the Audited Financial Statements for the year ended 31st December, BY ORDER OF THE BOARD 2010, and the Reports of the Auditors and Audit Committee thereon. 2 To elect / re-elect Directors 3 To appoint Doyin Owolabi & Co Chartered Accountants as Auditors of the Company in place of Ernst & Young Professional Services. 4 To authorize the Directors to fix the remuneration of the Auditors S. K. OSEDO (MRS) 5 To elect members of the Audit Committee SKIL ASSOCIATES COMPANY SECRETARY

SPECIAL BUSINESS 6 To approve the remuneration of the directors Dated this 26th day of July 2011

Notes: Proxies A member of the Company entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote in his stead. A proxy need not be a member of the Company. Proxy forms must be completed and deposited at the office of the Company's Registrars, Intercontinental Registrars, 274 Murtala Mohammed Way, Alagomeji, Yaba, Lagos not later than 48 hours before the time of the meeting.

Nomination for the Audit Committee In accordance with Section 359(5) of the Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria, 2004, any shareholder may nominate another shareholder as a member of the Audit Committee by giving notice in writing of such nomination to the Company Secretary at least 21 days before the Annual General Meeting.

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NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING (Contd)

ORDINARY BUSINESS

SPECIAL BUSINESS 6 To approve the remuneration of the directors Dated this 26th day of July 2011

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CHAIRMAN’S STATEMENT

Fellow Shareholders, Members of the Board of Directors, Ladies and Gentlemen,

I am delighted to welcome you to this year's Annual General Meeting and to present a summary of our operating results and the key achievements of your company for the financial year ended 31st December, 2010. As is customary, I will provide a brief overview of the macroeconomic operating environment and highlight our company's scorecard during the period under review.

Business Environment

The country witnessed a peaceful transfer of power from the late President Umaru Musa Yar'Adua's administration to his vice president, now President Goodluck Jonathan. President Jonathan has since showed his commitment to build on the work of Yar'Adua's administration and continues to address the issues in the Niger Delta. Political stability, being a major factor for economic growth, was facilitated by the resolution of the Niger Delta crisis. In a way this increased foreign investor's confidence in our country.

For the year, where world economies achieved a mild growth of 3.9%, emerging economies, including the Brazil, Russia, India and China recorded an impressive growth of 6.5% and growth seen in Nigeria was even more impressive at 7.8%

Nigeria's average oil output for 2010 was 2.6 million barrels of crude oil per day, an 18 % improvement on 2.2million barrels per day in 2009 and government initiatives have encouraged the speedy growth of Nigeria's gas industry. Militancy in the Niger Delta abated following the Federal Government Amnesty and development programs. The CBN was able to defend the Naira and kept the foreign exchange rate within the 3% corridor. The exchange rate depreciated to N149.17 from N147.60.

The enactment of the Asset Management Corporation of Nigeria (AMCON) in November 2010 was soon followed by the purchase of N1.9 trillion worth of CBN declared bad assets from banks. This immediately provided for healthier balance sheets on all the banks. The Securities and Exchange Commission also took dramatic steps in sanitizing the Nigerian Stock Exchange thereby restoring confidence within the financial system overall. The Capital market grew by 18.9% in 2010 as opposed to the 33.8% drop experienced in 2009 (45.8% drop in 2008). Analysts were fairly confident of the market prospects given the measures taken by the regulators.

The insurance market is beginning to experience some growth following the passage of the Local Content Act and the many laudable policy measures introduced by the Federal Government to stimulate the Real sector. The state of power generation, inadequate infrastructural facilities, insecurity and some of the CBN banking reforms however affected investor's confidence and it is hoped the economy will soon overcome these.

Deposit rates stayed low at single digit levels for most of the year as the Central Bank of Nigeria (CBN) maintained a tight monetary policy position with MPR at 6%. Consequently, Federal and State Government bond yields also remained low with bond prices rising significantly. The Consumer Price Index averaged 13.7% for the year.

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CHAIRMAN’S STATEMENT

Fellow Shareholders, Members of the Board of Directors, Ladies and Gentlemen,

Business Environment

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CHAIRMAN’S STATEMENT (Contd) CHAIRMAN’S STATEMENT (Contd)

Corporate Governance The equity investment climate in the country remains unimpressive while the company focused on fixed income investments which, unfortunately, offered low rates of returns. This has led Management to review their focus on the Your company is well focused on responsible corporate governance tenets and this has been further reinforced by investment market from high yield investment strategies to low risk strategies that will safeguard the company's the recent launching of Code of Corporate Governance by the NAICOM for industry wide application. May I use assets. The investment business will continue to focus on diversified long term investments that will yield maximum this medium to reiterate our total commitment to the principle of fair play and good corporate citizenship in the returns given a low risk based profile. marketplace. Conclusion Operating Results 2010 was a very challenging year for all, but with the support of our many business associates we have been able to The company's gross premium income for the year 2009 was N895m as compared with N1.226bn in the current remain a relevant force in the market. We thank all our business partners for their contributions to our success and year showing a growth over the previous year of 37%. The underwriting profit increased to N730m in 2010 from look forward to a brighter future together. N572m in 2009, thereby recording a 21% improvement. From a loss of N39m in 2009, we ended the year 2010 with a profit before tax of N97m. I wish to extend the gratitude of the Board of Directors to all our valued customers and brokers for their patronage, resilience and loyal support during the year under review. In view of the losses of the previous years which impacted negatively on our reserves, the Directors are unable to recommend a dividend to Shareholders at this Annual General Meeting. It is however good to note that your Finally, I thank the management and staff for the commitment to the Company and admonish them to strive harder company has returned to profitability. for the challenge that is the future. Board and Management

Since the last Annual General Meeting, Dr R.C. Obieri and Mr. M.O. Sofela both retired from the Board. They both Thank you for your kind attention. brought a wealth of experience to the management of the company and served on the board with utmost professionalism. Dr R.C. Obieri continues to be a most esteemed shareholder of the company.

Mr. Yomi Adewusi joined the Board as a Non Executive Director. He has over two decades of experience in the Nigerian Banking and Finance Sectors. Mr. Rotimi Omosehin, a Chartered Accountant of good standing also joined the Board as a Non Executive Director. On your behalf, I welcome the two Directors on board and look forward to their valuable contributions to the Company's growth. Chief Samuel I. Adegbite, OFR

Future Outlook Chairman

The volume of business written by insurance companies grew by 33.5% in 2009 and this percentage was surpassed in 2010. When the issues of insurance awareness, product development and distribution are addressed coupled with the implementation of NAICOM's Market Development and Restructuring Initiatives which emphasizes the enforcement of compulsory insurances, this company will be positioned to benefit immensely.

The Oil and gas sector being the main stay of the economy coupled with the level playing field provided by the Petroleum Industry Bill, the company is presented with the opportunity to grow its Oil and Gas business significantly. We have observed a significant growth in our number of oil and gas clients and hope to develop the knowledge base and to leverage on this sector.

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CHAIRMAN’S STATEMENT (Contd) CHAIRMAN’S STATEMENT (Contd)

Future Outlook Chairman

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BOARD OF DIRECTORS 1. Mr. B. O. Oshadiya - MD 6. Mr. Y. A. Adewusi 2. Chief J. A. Odeyemi MFR 7. Mr. A. G. Adegbite - E.D.F 3. Mrs. Seinye O. B. Lulu-Briggs 8. Mr. O. O Fowora - E.D.O 4. Mr. O. Okeowo 9. Mr. R. O. Balogun - E.D.M 5. Mr. G. O. Omosehin

2 3 1

4 5 6

7 8 9

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2 3 1

4 5 6

7 8 9

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REPORT OF THE DIRECTORS REPORT OF THE DIRECTORS FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)

The directors submit their report together with the financial statements of the company for year ended December ANALYSIS OF SHAREHOLDING 31, 2010. 2010 % 2009 % RESULT N'000 No of share No of share The profit for the year after taxation 85,213 Oasis Group Limited 2,813,268,686 43.26 1,313,268,686 26.25 Less: transfer to contingency reserve (23,786) Harmony Trust and Investment 61,427 Company Ltd 500,000,000 7.69 500,000,000 7.69 LEGAL FORM AND COMMENCEMENT OF BUSINESS Mrs. Seinye O.B. Lulu-Briggs 500,350.679 7.69 500,350.679 10.00 The company was incorporated on November 9th, 1992 as a private limited liability company. It commenced business on October 8, 1993. Other Nigerian Shareholders 2,689,887,426 41.36 2,689,887,426 53.76 6,503,506,791 100.00 5,003,506,791 100.00 PRINCIPAL ACTIVITIES The company is engaged in general insurance business. At December 31, 2010 no individual shareholder other than as noted above held more than 5% of the issued and paid up capital of the company. DIRECTORS AND DIRECTORS INTERESTS 1. The names of the directors are listed on page 2 DIRECTORS' RESPONSIBILITIES 2. In accordance with Article 89 of the company's Articles of Association, Chief S. I. Adegbite and Chief J. A. Odeyemi retired by rotation and being eligible offer themselves for re-election. The directors are responsible for the preparation of financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year, and of the profit or loss for that year, and Mr. G. O Omosehin and Mr. Y. A Adewusi appointed after the last Annual General Meeting retire and comply with the Insurance Act, 2003 and Companies and Allied Matters Act CAP C20 Laws of the being eligible also offer themselves for re-election. Federation of Nigeria 2004. 3. Chief S. I. Adegbite, OFR, Mr. G. O. Omosehin represent Oasis Group Limited, which held 2,813,268,686 ordinary shares of 50 kobo each in the company as at December 31, 2010 In doing so, they ensure that: 4. Interests of directors in the issued share capital of the company as at December 31, 2010 - Proper accounting records are maintained;

Number of Shares - Applicable accounting standards are followed; 2010 2009 - Suitable accounting policies are adopted and consistently applied; Direct Indirect Direct Indirect - Judgments and estimates made are reasonable and prudent; Chief S. I. Adegbite, OFR - 2,813,268,686 - 1,313,268,686 Mrs. Seinye O. B. Lulu-Briggs 500,350,679 - 500,350,679 - - Internal control procedures are instituted which, as far as is reasonably possible, safeguard the asset and prevent and detect fraud and other irregularities and Chief J. A. Odeyemi, MFR 17,359,690 - 17,359,690 - B. O. Oshadiya 3,000,000 - 3,000,000 - - The going concern basis is used, unless it is inappropriate to presume that the company will continue O. O. Fowora 6,357,000 - 6,357,000 - in business. Y. A. Adewusi 250,000 - - - A. G. Adegbite - - - - FIXED ASSETS R. O. Balogun - - - - G. O. Omosehin - - - - Movements in fixed assets are shown in note 8 on page 36. The directors are of the opinion that the market value of the company's assets is not less than the value shown in the financial statements. O. Okeowo - - - -

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REPORT OF THE DIRECTORS REPORT OF THE DIRECTORS FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd)

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REPORT OF THE DIRECTORS BOARD OF DIRECTORS MEETINGS FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd) 2/17/2010 9/30/2010 10/21/2010 12/16/2010

POST BALANCE SHEET EVENTS Chief S I Adegbite * * * * Dr R C Obieri * * * There were no events which could have had a material effect on the state of affairs of the company as at Chief J A Odeyemi * * * December 31, 2010, and the profit for the year ended on that date which have not been adequately provided Mr M O Sofela * * * * * for or disclosed. Mrs S Lulu- Briggs Mr O Okeowo * * Mr B O Oshadiya * * * * EMPLOYMENT AND EMPLOYEES Mr O O Fowora * * * * 1. Employment of disable persons Mr A G Adegbite * * * * Mr R O Balogun * * It is the policy of the company that there should be no discrimination in considering applications for employment including those from disabled persons. All employees whether or not disabled are given equal opportunities to develop. The company had no disabled person in its employment as at December 31, 2010. FINANCE AND GENERAL PURPOSE COMMITTEE MEETINGS 2. Health, safety at work and welfare of employees 2/10/2010 23/19/2010 12/14/2010 Health and safety regulations are in force within the company's premises and employees are aware of Dr R C Obieri * * * existing regulations. The company provides subsidy to all employees for medical, transportation, Mr M O Sofela * * * * housing and lunch. Mr G O Omosehin * 3. Employees' involvement and training Mr B O Oshadiya * * * Mr O O Fowora * * * The company is committed to keeping employees fully informed as much as possible regarding the Mr A G Adegbite * * * company's performance and progress and seeking their views wherever practicable on matters, which Mr R O Balogun * * * particularly affect them as employees. Training is carried out at various levels through both in-house Mr A L Akintoye * * and external courses. Management, professional and technical expertise are the company's major Mr M K Yusuf * * * assets and investment in their further development continues. Mr H A Salami * * *

CORPORATE GOVERNANCE ESTABLISHMENT COMMITTEE MEETINGS Oasis Insurance Plc undertakes to conduct its business in strict accordance with internationally accepted standards of good corporate governance. Among others, this means that we undertake to provide timely, 2/9/2010 5/5/2010 9/15/2010 12/14/2010 reliable and regular information on our operations, finances and performance to all our shareholders and regulatory authorities. Chief J A Odeyemi * * * * Mr R I Oderinu * * * * Mr B O Oshadiya * * * * AUDIT COMMITTEE Mr O O Fowora * * * Mr A G Adegbite * * * * Pursuant to Section 359 (3) of the Companies and Allied Matters Act of 1990, the company has an Audit Mr R O Balogun * * * * Committee comprising three shareholders and three directors as follows: Mr. E. O. Eleoramo, Mr. G. O. Mr E O Ayeni * * Omosehin, Mr. O. Okeowo, Mr. A. G Adegbite, Prince M. A. Abidoye and Mr. O. O. Oyetunde. The functions of the Audit Committee are as laid down in Section 357 (6) of Companies and Allied Matters Act CAP C20 Mr A L Akintoye * * Laws of the Federation of Nigeria 2004.ss Mr K A Bello * * * *

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REPORT OF THE DIRECTORS BOARD OF DIRECTORS MEETINGS FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd) 2/17/2010 9/30/2010 10/21/2010 12/16/2010

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REPORT OF THE DIRECTORS AUDIT COMMITTEE MEETINGS FOR THE YEAR ENDED DECEMBER 31, 2010 (Contd) 2/19/2010 8/17/2010 11/10/2010 11/25/2010 12/16/2010 Mr. O.E. Eleoramo * * * * AUDITORS Mr. O. Okeowo * Doyin Owolabi & Co (Chartered Accountants), having expressed their willingness , will continue in office as Mr. O.E. Oyetunde * * * * * the Company's auditors in accordance with Section 357 (2) of the Companies and Allied Matters Act CAP Mr. O.O. Fowora * C20 Laws of the Federation of Nigeria 2004. Mr. M.O. Sofela * * * * * * Prince M.A. Abidoye * * * * * BY ORDER OF THE BOARD Mr. A.G. Adegbite * * * *

INSURANCE TECHNICAL COMMITTEE MEETINGS SKIL ASSOCIATES 2/12/2010 4/28/2010 7/20/2010 12/8/2010 Secretaries Mr. E K Okunoren * * * * May 31, 2011 Mr. B O Oshadiya * * * * Mr. O O Fowora * * * Mr. R O Balogun * * * Mr. A G Adegbite * Mr. E O Ayeni * * * * Mr. A L Akintoye * * * * Mrs. G C Elue * * * * Mrs. T O Bello * * * Mr. B O Olasehinde * * * * Mrs J U Agweh * * * * Mr A O Agboola * * * Miss J M Ilori * *

Note: * Resigned from the company in the course of the year

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Note: * Resigned from the company in the course of the year

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REPORTS OF THE AUDIT COMMITTEE REPORT OF THE INDEPENDENT AUDITORS TO THE MEMEBERS OF OASIS INSURANCE PLC TO THE MEMBERS OF OASIS INSURANCE PLC

In accordance with the provisions of Section 359 (6) of the Companies and Allied Matters Act CAP C20 We have audited the financial statements of Oasis Insurance Plc which comprises the balance sheet as at 31st Laws of the Federation of Nigeria 2004, we confirm that we have seen the Audit Plan & Scope and the December, 2010, the profit and loss account and statement of cash flows for the year then ended, and a summary of Management Letter on the audit of the accounts of the company and the response. significant accounting policies and other explanatory notes. In our opinion, the plan and scope of the audit for the year ended December 31, 2010 were adequate. We have reviewed the Auditor's findings and we are satisfied with the Management response thereon. Directors' Responsibility for the Financial Statements The Directors are responsible for the preparation and fair presentation of these financial statements. This We also confirm that the accounting and reporting policies of the company are in accordance with legal responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and requirements and ethical practices. fair presentation of financial statements that are free of material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

Auditors' Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Nigerian Standards on Auditing issued by the Institute of Chartered Accountants of Nigeria and International Standards on Auditing which require that we comply with ethical requirements, and plan MR. E. O. ELEORAMO and perform the audit to obtain reasonable assurance whether the financial statements are free of material misstatement. CHAIRMAN, AUDIT COMMITTEE An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the MEMBERS OF THE AUDIT COMMITTEE risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the 1. Mr. E. O. Eleoramo - Chairman financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes 2. Mr. G. O. Omosehin - Member evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made 3. Mr. O. Okeowo - Member by management, as well as evaluating the overall presentation of the financial statements. 4. Mr. A. G. Adegbite - Member We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 5. Prince M. A. Abidoye - Member

6. Mr. O. O. Oyetunde - Member Opinion In our opinion, proper books of accounts have been kept by the Company and the financial statements which are in agreement therewith, give a true and fair view of the state of affairs of the Company at December 31, 2010 and of its financial performance and cash flows for the year in accordance with relevant statements of accounting standards issued by the Nigeria Accounting Standards Board, Insurance Act 2003 and Companies and Allied Matters Act CAP C20 Laws of the Federation of Nigeria 2004.

Doyin Owolabi & Co. Lagos, Nigeria May 31, 2011.

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REPORTS OF THE AUDIT COMMITTEE REPORT OF THE INDEPENDENT AUDITORS TO THE MEMEBERS OF OASIS INSURANCE PLC TO THE MEMBERS OF OASIS INSURANCE PLC

Doyin Owolabi & Co. Lagos, Nigeria May 31, 2011.

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STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)

The following is a summary of the significant accounting policies adopted by the Company in the preparation of its 5. Classification of insurance contracts financial statements. These accounting policies have been consistently applied for all years presented. Contracts that are classified as insurance contracts are those under which the Company underwrites significant insurance risk from another party (the Broker or insured) by agreeing to compensate the insured or other beneficiary if a fortuitous random event (the insured event) adversely affects the 1. Basis of preparation policyholder or other beneficiary. These financial statements are prepared in accordance with Nigeria Statements of Accounting Standards (SAS), the Companies and Allied Matters Act (CAMA)CAP C20 LFN 2004, the Insurance Act 2003 and Regulation and its interpretations issued by the National Insurance Commission in its Insurance Industry 6. Recognition and measurement of insurance contracts Policy Guidelines. Short-term insurance contracts under General business are accounted for on an annual basis. The financial statements have been prepared under the historical cost convention as modified by the carrying of fixed assets and certain long term investments valuation amounts. 7. Premium The financial statements have been prepared using the annual basis of accounting. a. Gross Premium: is recognized at the point of attachment of risk to a policy before deducting cost of reinsurance cover. 2. Reporting currency b. Gross Premium Earned: is written premium after adjusting for the unearned portion of the The financial statements are presented in Nigerian currency (Naira), which is the Company's reporting premium. currency. c. Unearned Premium: premium relating to risk for period not falling within the accounting period is carried forward as unearned premium. 3. Use of estimates in the preparation of financial statements d. Net Premium Earned The preparation of financial statements requires the use of certain critical accounting estimates and Net premium earned represents gross premium less reinsurance costs. assumption. It also requires management to exercise judgment in the process of applying the Company's accounting policies. These estimates are based on the historical information, actuarial analyses and the directors' best knowledge of current events and actions. 8. a. Reinsurance The estimates and underlying assumptions are reviewed on an ongoing basis to take account of new and Proportional and non-proportional reinsurance premiums are accounted for on an accrual basis. available information. Revisions to accounting estimates are recognized in the year in which the estimate Reinsurance premiums are recognized as outflows in accordance with the tenor of the is revised. reinsurance contract. b. Reinsurance cost 4. Cash and cash equivalents Reinsurance cost represents outward premium paid to reinsurance companies less the unexpired portion as at the end of the accounting year. Cash and cash equivalents comprise of cash on hand and deposits held with banks. Cash equivalents are short-term, highly liquid instruments which are: c. Reinsurance recoveries (a) Readily convertible into cash, whether in local or foreign currency; and Reinsurance recoveries represents that portion of claims paid/payable on risks ceded out in respect of which recoveries are received/receivable from the Reinsurer. (b) So near to their maturity dates as to present insignificant risk of changes in value as a result of changes in interest rates. d. Prepaid reinsurance Unexpired reinsurance cost is determined on a time apportionment basis and is reported under other asset in the balance sheet.

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STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)

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STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd)

9. Commission earned 15. Technical reserves: Commissions are recognized on ceding businesses to the reinsurers and other insurance companies. (i) Provision for unexpired premiums: Provision for unexpired premium represents the portion of gross premium income on short-term general business insurance contracts that relate to a period of risk after the end of the accounting 10. Claims period. This is calculated on a time apportionment basis of the risk accepted in the year in a. Gross claims paid: consist of direct claims, plus reinsurance claims. accordance with the provisions of Section 20 of the Insurance Act 2003. b. Gross claims incurred: consist of claims and claims handling expenses paid during the financial year after adjusting for movement in provision for outstanding claims and IBNR. (ii) Unexpired risks provision c. Net claims incurred: is gross claims incurred after adjusting for reinsurance claims recoveries. Unexpired risks provisions are the estimated amounts required over and above provisions for unearned premiums to meet future claims and related expenses on policies in force at the end of 11. Underwriting expenses the accounting period. Underwriting expenses are subdivided into acquisition and maintenance expenses. Acquisition expenses are those incurred in obtaining and renewing insurance contracts. They include commission paid, policy (iii) Provision for outstanding claims expenses and indirect expenses such as salaries of underwriting staff; and are deferred and amortized in o Provision for outstanding claims comprise of estimated costs of settling all claims and proportion to the amount of premium determined separately for each class of business recognized in the related claim handling expenses incurred but unpaid at the balance sheet date. reporting period in line with the matching concept. Maintenance expenses are those incurred in servicing existing policies/contract. Maintenance expenses are charged to the revenue account in the accounting o Outstanding claims that have occurred at the balance sheet date and have been notified period in which they are incurred. to the Company are carried at their reported amounts, while o Adequate provisions are also made for claims incurred, but not reported (IBNR) at 10% of outstanding claims amount as at the balance sheet date in accordance with the 12. Deferred acquisition costs provision of S. 20 of the Insurance Act 2003 The proportion of acquisition costs that correspond to the unearned premiums are deferred as an asset and recognized in the subsequent period. (iv) Contingency reserve The Company maintains contingency reserves in accordance with the provisions S21. Of the 13. Management expenses Insurance Act 2003 to cover fluctuations in securities and variations in statistical estimates at Management expenses are expenses other than claims, investments and underwriting expenses. They the rate equal to the higher of 3% of total premium or 20% of the total profit after taxation; until include salaries and wages, depreciation charges and other non-operating expenses. Management the reserve reaches the greater of minimum paid up capital or 50% of net premium. expenses are charged to the profit and loss accounts in the accounting period in which they are incurred.

16. Fixed assets 14. Investment income a. Recognition and classification Investment income comprises interest earned on short-term deposits, rental income, dividend and i. Fixed assets comprising land and buildings and other properties owned by the company income earned on trading of securities. Investment income is accounted for on an accrual basis are initially recorded at cost. Subsequently, Land and building are stated at historical cost (Historical cost includes expenditure that is directly attributable to the acquisition of the asset) or revalued amount (based on valuation by external independent valuers).

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ii. Revaluation may be carried out at the discretion of the management. c. Disposal Surpluses arising on the revaluation of individual fixed assets are credited to the Asset Gains and losses on disposal of assets are determined by comparing proceeds with their carrying Revaluation Reserve Account. However recognition of such surpluses are subject to the amounts and are charged to the profit and loss account for the year. provision of the relevant section of the Policy Guideline. When previously revalued fixed assets are disposed of, any revaluation surplus relating 17. Investments to the disposed assets is transferred to the profit and loss account. Investments are initially recognized at cost and classified into short and long term in accordance with the All other fixed assets are stated at historical cost less accumulated depreciation. Statement of Accounting Standard (SAS 13) on accounting for investments depending on the purpose for Subsequent costs are included in the asset's carrying amount or recognized as a which they are acquired. This classification is revalidated on every reporting date. separate asset, as appropriate, only when it is probable that future economic benefits a. Short-term investments associated with the item will flow to the Company and the cost of the item can be measured reliably. In the case of revalued assets, depreciation is calculated by reference An investment is classified into this category at inception if acquired principally on temporary to the enhanced value of the assets concerned. All other repairs and maintenance costs basis for a period not more than one year. Such investments can be converted into cash when are charged to the profit and loss account during the financial period in which they are current financing needs make it desirable, or if it forms part of a portfolio of financial assets in incurred. which there is evidence of short-term profit taking. iii. Payments in advance for items of fixed assets are classified under Prepayments and upon Short-term investments are valued at the lower of cost and market value. The amount by which delivery are reclassified as additions to the appropriate category of property and cost exceeds market value (unrealized loss) is charged to the profit and loss account for the equipment. Capital work-in-progress is not depreciated. period. b. Long-term investments b. Depreciation Long-term investments relate to investments held over a long period of time to earn income. These are investments other than short-term investments and include: Depreciation is calculated on other assets and equipment on the straight line basis to write down the cost of each asset to its residual value over its estimated useful life. No depreciation is i. Quoted investments charged on fixed assets until they are brought into use. Quoted investments are stated at valuation amount (market value) as at the balance The principal annual rates used for this purpose, which are consistent with those for the previous sheet date. An increase in the carrying amount arising from the revaluation of quoted years, are as follows: investment is credited to owner equity as revaluation surplus. To the extent that a decrease in carrying amount off set a previous increase, for the same investment that has Asset Depreciation Rate been credited to revaluation surplus and not subsequently reversed or utilized, it is Buildings - 2% charged against the revaluation surplus rather than profit and loss account. Office equipment - 20% Computer equipment & software - 20% ii . Unquoted investments Furniture and fittings - 10% These are stated at cost. Where in the opinion of the Directors the value of any unquoted investment is below its cost, an appropriate provision for the diminution in value thereof Motor vehicles - 25% is charged against the profit and loss account of the relevant year. Computer software - 20%

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18. Investment property When a receivable in respect of which a provision has already been made is deemed uncollectible, it is written-off against the related provision and subsequent recoveries are credited to the profit and loss This is an investment in land or buildings held primarily for generating income or capital appreciation and account. not occupied substantially for use in the operations of the enterprise and/or members of the group. An occupation of more than 15% of the property is considered substantial. Investment properties are carried in the balance sheet at their market value and revalued periodically on a 20. Foreign currency transactions systematic basis at least once in every three years. Investment properties are not subject to periodic charge Transactions denominated in foreign currencies are recorded in Naira at the rate of exchange ruling at the for depreciation. date of each transaction. Any gain or loss arising from a fluctuation subsequent to the date of the When there is a decline in value of an investment property, the carrying amount of the property is written transaction is included in the profit and loss account. down to recognize the loss. Such a reduction is charged to the profit and loss account. Reductions in Bank balances in foreign currencies are stated at their Naira values carrying amount are reversed when there is an increase, following a revaluation in accordance with the company's policy, on investment property, or if the reasons for the reduction no longer exist. An increase in carrying amount arising from the revaluation of investment property is credited to Asset 21. Taxation Revaluation Reserve Account. To the extent that a decrease in carrying amount offsets a previous increase, Income tax payable on profits, based on the applicable tax law in each jurisdiction, is recognized as an for the same property that has been credited to revaluation surplus and not subsequently reversed or expense in the period in which the related profits arise. The tax effects of income tax losses available for utilized, it is charged against that revaluation surplus rather than the profit and loss account. carrying forward are recognized as an asset when it is probable that taxable profits will be available against An increase in revaluation which is directly related to a previous decrease in carrying amount for the same which these losses can be utilized. property that was charged to the profit and loss account is credited to profit and loss account to the extent that it offsets the previously recorded decrease. 22. Deferred taxation Investment properties are classified separately from other properties that are used for the purposes of the business. Deferred taxation is provided using the liability method for all timing differences arising between the tax bases of assets and liabilities and their carrying values for financial reporting purposes. Currently enacted tax rates are used to determine deferred taxation. 19. Debtors Debtors are stated at cost after writing off bad debts and deducting provision made for other specific debts 23. Retirement benefit obligations: considered doubtful of recovery. An allowance for specific debt is established when there is objective evidence that the Company will not be able to collect all the amounts due according to the original terms Pension costs of the receivables. The Company operates a contributory pension scheme as stipulated in the Pension Reform Act 2004 In line with the statutory guidelines set by NAICOM, provision for outstanding premium is made as which employee joins upon employment. Under the contributory scheme, the employee and the follows: Company contribute 7.5% and 10% respectively of the defined total package to Pension Fund Administrators as required by the act. Period outstanding % allowance required The Company's obligations are recognized in the profit and loss account as employee benefit expenses in Under 90 Days Nil the period they are due. 91 – 180 Days 50% Above 180 Days 100%

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STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Contd) EXECUTIVE MANAGEMENT 1. Mr. B. O. Oshadiya - MD 3. A. G. Adegbite 5. S. A. Awosanya 7. K. A. Bello 2. O. O. Fowora 4. R. O. Balogun 6. G. C. Elue 24. Dividends Dividend distribution to the Company's shareholders is recognized as a liability in the financial statements in the period in which the dividend is approved by the Company's shareholders. Dividends that are proposed but not yet declared are disclosed in the notes to the financial statements. 1

25. Other assets Receivables and other sundry debtors are classified as other assets and are stated at cost less allowances for doubtful amounts. Allowances and write offs are recognized when a receivable is deemed not collectable based on the original terms of the contract. Subsequent recoveries are credited to the profit and loss account.

26. Earnings per share The Company presents basic earnings per share for its ordinary shares. Basic earnings per share are calculated by dividing the profit attributable to ordinary shareholders of the Company by the number of shares outstanding during the year.

2 3 4

5 6 7

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2 3 4

5 6 7

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BALANCE SHEET PROFIT AND LOSS ACCOUNT AS AT DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

2010 2009 Notes 2010 2009 Notes N' 000 N' 000 N' 000 N' 000 ASSETS Gross premium written 18 1,226,181 895,075 Bank balance and cash 2 58,840 44,255 Less increase in unearned premium (59,580) (11,481) Treasury bills - 50,000 1,166,601 883,594 Short-term investments 3 558,192 494,516 Reinsurance cost 19 (90,559) (61,250) Debtors and prepayments 4 729,233 780,211 Long-term investment 5 979,108 987,740 Net premium earned 1,076,042 822,344 Statutory deposit 6 300,000 300,000 Commission received 30,042 15,501 Investment properties 7 184,147 184,147 Fixed assets 8 1,118,893 583,998 Total income 1,106,084 837,845

3,928,413 3,424,867 Direct claims paid 250,008 128,395 (Decrease)/Increase in outstanding claims 20 (10,850) 12,048 LIABILITIES Gross claims incurred 239,158 140,443 Creditors and accruals 9 98,478 63,993 Reinsurance recovery (85,283) (55,994) Outstanding claims 10 69,964 80,814 Taxation 11 12,693 37,144 Net claims incurred 153,875 84,449 Deferred taxation 12 34,599 34,599 Acquisition cost 197,946 159,586 Insurance funds 13 240,703 181,124 Maintenance cost 23,742 21,845 456,437 397,674 Total deductions 375,563 265,880

CAPITAL AND RESERVES Underwriting profit 730,521 571,965 Paid up share capital 14 3,251,753 2,501,753 Investment income 21 (5,430) 72,481 Deposit for shares 15 - 750,000 Other income 22 17,817 1,385 Share premium 425,493 583,056 742,908 645,831 Contingency reserve 16 184,040 160,254 General reserve 17 (906,443) (967,870) Management expenses 23 (450,602) (505,218) Revaluation reserve 517,133 - Provision for bad and doubtful accounts 24 (194,400) (179,753)

Shareholders' fund 3,471,976 3,027,193 Profit(Loss) before taxation 97,906 (39,140) Taxation 12,693 (56,397) 3,928,413 3,424,867 Profit/(Loss) after taxation 85,213 (95,537) The accompanying notes form an integral part of these balance sheets. Transfer to contingency reserve (23,786) (26,852)

Signed on behalf of the Board of Directors by: Profit/(Loss) for the year transferred to general reserve 61,427 (122,389)

Chairman's Signature Managing Director's Signature Profit/(Loss) per share - Basic/Diluted (kobo) 1 (2) The accompanying notes form an integral part of these Financial Statements.

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BALANCE SHEET PROFIT AND LOSS ACCOUNT AS AT DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

Signed on behalf of the Board of Directors by: Profit/(Loss) for the year transferred to general reserve 61,427 (122,389)

Chairman's Signature Managing Director's Signature Profit/(Loss) per share - Basic/Diluted (kobo) 1 (2) The accompanying notes form an integral part of these Financial Statements.

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DETAILED REVENUE ACCOUNT STATEMENT OF CASHFLOWS FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

TOTAL 2010 2009 MOTOR FIRE ACC/MISC MARINE 2010 N' 000 N' 000 N' 000 N' 000 N'000 N' 000 N' 000 CASH FLOWS FROM OPERATING ACTIVITIES Premiums received from policy holders 752,428 635,943 Direct premium 532,423 110,603 441,252 76,914 1,161,192 Reinsurance receipt in respect of claims 31,082 183,610 Inward premium 3,189 57,073 1,530 3,197 64,989 Cash paid to and on behalf of employees (246,343) (162,325) Reinsurance premium paid (51,670) (77,532) Gross Premium 535,612 167,676 442,782 80,111 1,226,181 Other income received 17,817 1,385 Less increase in unearned premium (41,256) 11,126 (36,348) 6,898 (59,580) Other operating cash payments (89,198) (105,840) Claims paid (250,008) (128,395) Commission paid (28,138) (19,700) Gross premium earned 494,356 178,802 406,434 87,009 1,166,601 Commission received 18,563 15,501 Reinsurance cost (10,125) (19,709) (45,778) (14,947) (90,559) Acquisition cost (23,138) (139,886) Company income tax paid (37,144) (6,952) Net premium earned 484,231 159,093 360,656 72,062 1,076,042 NET CASH PROVIDED BY OPERATING ACTIVITIES 94,251 195,809 Commission received 899 9,525 15,522 4,096 30,042

CASH FLOWS FROM INVESTING ACTIVITIES Total income 485,130 168,618 376,377 76,158 1,106,084 Purchase of fixed assets (65,928) (35,865) Proceeds of sale of fixed assets 13,123 3,602 Direct claims paid 114,808 15,628 114,448 5,124 250,008 Purchase of investment properties - (86,825) Dividend received 6,108 14,770 Increase/Decrease outstanding claims (20,096) (11,354) 21,190 (590) (10,850) Proceeds of sale of investments 110,764 560,417 Purchase of investments (143,733) (960,282) Gross claims incurred 94,712 4,274 135,638 4,534 239,158 Reinsurance recoveries (12,316) (10,878) (58,051) (4,038) (85,283) NET CASH USED BY INVESTING ACTIVITIES (79,666) (604,183) Net claims incurred 82,396 (6,604) 77,587 496 153,875 Acquisition cost 59,747 32,210 91,107 14,882 197,946 CASH FLOWS FROM FINANCING ACTIVITIES - - Dividend paid - - Maintenance cost 10,370 3,246 8,572 1,554 23,742 Deposit for shares

Total deductions 152,513 28,852 177,266 16,932 375,563 NET CASH PROVIDED BY FINANCING ACTIVITIES - -

Underwriting profit 332,617 139,766 199,111 59,226 730,521 NET DECREASE IN CASH AND CASH EQUIVALENTS 14,585 (408,374) CASH AND CASH EQUIVALENT AT JANUARY 1, 44,255 989,878

CASH AND CASH EQUIVALENTS 58,840 581,504 AT DECEMBER 31,

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DETAILED REVENUE ACCOUNT STATEMENT OF CASHFLOWS FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

Total deductions 152,513 28,852 177,266 16,932 375,563 NET CASH PROVIDED BY FINANCING ACTIVITIES - -

Underwriting profit 332,617 139,766 199,111 59,226 730,521 NET DECREASE IN CASH AND CASH EQUIVALENTS 14,585 (408,374) CASH AND CASH EQUIVALENT AT JANUARY 1, 44,255 989,878

CASH AND CASH EQUIVALENTS 58,840 581,504 AT DECEMBER 31,

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NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS (Contd)

1. CORPORATE STRUCTURE AND BUSINESS 4.1 This relates to claim paid for NNPC group life business which was not transferred to Capital Oasis Insurance plc. (formerly Oasis Insurance company Limited) was incorporated on November 9, Express Assurance Limited. Recoverable is expected from reinsurance companies. 1992 to carry on insurance business. However, it changed its name to Oasis Insurance plc. on November 26, 2004. Following the successful offer of shares in 2006, the allotment was done in 4.2 Expense incurred in respect of public offer which is being suspended due to unfavourable 2007. Subsequently, the company was listed by introduction on July 24, 2007. current market condition. It was written off against share premium during the year.

2010 2009 2010 2009 N' 000 N' 000 N' 000 N' 000 2. BANK BALANCES AND CASH 4.3 Provision for bad and doubtful accounts Cash in hand 1,350 970 At January 1, 283,861 391,255 Current account with banks 57,490 43,285 Amount written off during the year (206,328) (287,147) 58,840 44,255 Additions during the year 194,400 179,753 At December 31, 271,933 283,861 3. SHORT-TERM INVESTMENTS Short-term deposits with: 4.4 Age analysis of outstanding premiums: Banks 512,890 327,892 0 - 90 days 294,405 254,126 Non-bank financial institutions 45,302 166,624 91 - 180 days 150,450 235,160 558,192 494,516 181 days and above 198,473 38,956 643,328 528,242 3ii. Of the short term investment the following relates to insurance funds. 5 LONG-TERM INVESTMENTS Insurance funds 60,667 10,938 Shareholders fund 497,525 483,578 I Quoted: 558,192 494,516 Equities (Market value N224,836,549) 4. DEBTORS AND PREPAYMENTS (2009: N196,999,025) 277,566 302,124 Outstanding premiums (note 4.4) 643,328 528,242 Provision for diminution in investments (52,730) (105,215) Due from reinsures 42,463 11,059 224,836 196,909 Due from agents & brokers 548 461 ii Unquoted: Prepayments 11,441 15,874 Deposit for investments - 95,000 Equities 754,272 790,741 Claims receivable 4,250 979,108 987,650 Deferred reinsurance costs 58,902 16,282 Non-life current account (4.1) 186,053 211,281 iib Of the unquoted equities the following relates Share issue expenses (4.2) - 157,563 to insurance funds Other receivables 972 3,196 Insurance funds 250,000 250,000 Staff debtors 19,510 20,864 Shareholders fund 504,272 540,741 Deferred acquisition cost 37,949 - 754,272 790,741 1,001,166 1,064,072 Provision for bad and doubtful accounts (note4.3) (271,933) (283,861) In the opinion of the directors, the market value of the unquoted investments is not lower than cost. 729,233 780,211

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NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)

2010 2009 2010 2009 iii N'000 N'000 N' 000 N' 000 Provision for diminution 9 CREDITORS & ACCRUALS At January 1 105,215 652,020 Due to insurance companies and reinsurers - 14,941 Movement during the year (52,485) (546,805) At December 31, 52,730 105,215 Overdrafts 36,676 7,267 Accrued expenses 19,424 860 Account payables 7,979 5,152 6 STATUTORY DEPOSIT Premium received in advance 1,836 3,945 Central Bank of Nigeria 300,000 300,000 Other creditors 32,563 31,828 98,478 63,993 This represents the amount held with the Central bank of Nigeria in accordance with Section 10 (3) of the insurance Act 2003. The deposit is not available for the day to day operations of the Company. 10 OUTSTANDING CLAIMS At January 1, Decrease At December 31, 2010 2009 2010 2010 N' 000 N' 000 N' 000 N' 000 N' 000 7 INVESTMENT PROPERTIES General accident 34,156 3,895 38,051 Cost: Motor 33,357 (21,128) 12,229 At January 1, 184,147 97,322 Fire 7,890 (5,508) 2,384 Additions during the year - 86,825 Marine 5,411 2,080 7,491 At December 2010, 184,147 184,147 Others - 9,809 9,809 80,814 10,850 69,964 8 FIXED ASSETS Land & Motor Furniture Machine & Building Vehicle & Fittings Equipment Total 2,010 2,009 COST: N' 000 N' 000 N' 000 N' 000 N' 000 At January 1, 2010 469,625 114,844 22,175 56,364 663,008 11 TAXATION N' 000 N' 000 Additions 40,610 20,516 2,155 10,479 73,760 i Per Profit and loss account: Revaluation Surplus 517,133 - - - 517,133 income for the year 9,662 7,373 Disposal/Adjustment - (9,754) (127) (2,983) (12,864) Education tax 3,031 - Under provision in prior years - 29,771 At December 31, 2010 1,027,368 125,606 24,203 63,860 1,241,037 12,693 37,144 DEPRECIATION: At January 1, 2010 8,531 50,662 5,508 14,309 79,010 Deferred taxation: Charge for the year 10,644 29,742 2,274 11,080 53,740 Charge for the year - 19,253 Disposal - (7,731) (80) (2,796) (10,607) Information technology levy: At Dec 31, 2010 19,175 72,673 7,702 22,593 122,143 Prior years' Information technology levy: - -

NET BOOK VALUE; Per profit and loss account 12,693 56,397 At Dec 31, 2010 1,008,192 52,933 16,502 41,266 1,118,893

At December 31, 2009 461,094 64,182 16,667 42,055 583,998

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NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)

NET BOOK VALUE; Per profit and loss account 12,693 56,397 At Dec 31, 2010 1,008,192 52,933 16,502 41,266 1,118,893

At December 31, 2009 461,094 64,182 16,667 42,055 583,998

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NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)

2010 2009 2010 2009 N' 000 N' 000 N' 000 N' 000 ii Balance sheet 12 DEFERRED TAXATION Income taxation: At January 1, 34,599 15,346 Deferred taxation charge for the year - 19,253 At January 1, 37,144 6,952 Per profit and loss account 34,599 34,599 Charge for the year 9,662 7,373 Under provision in the year - 29,771 Payment during the year (37,144) (6,952) 13 INSURANCE FUNDS At January 1, Increase/ At December 31, 9,662 37,144 2010 [Decrease] 2010 Reserve for unexpired risks: Education taxation: General accident 55,461 36,840 92,301 At January 1, - - Motor 102,707 10,998 113,705 Charge for the year 3,031 - Fire 13,241 6,425 19,666 Payments during the year - - Marine 9,715 1,699 11,414 3,031 - Others - 3,617 3,617 181,124 59,579 240,703 Information technology levy: Prior year information technology taxation - - payments during the year - - 2010 2,009 N' 000 N' 000 - - 14 SHARE CAPITAL Authorized: Per balance sheet 12,693 37,144 10,000,000,000 ordinary shares of 50 kobo each 5,000,000 5,000,000 iii Total tax payment during the year Issued and fully paid: 6,503,506,791 ordinary shares of kobo each 3,251,753 2,501,753 Income taxation 7,373 6,952 Education taxation - - At the Annual General Meeting of the company held on 21st Oct, 2010, the shareholders approved the Information technology levy - - capitalization of the N750m deposit for shares as requested by NAICOM. All other regulatory approvals Under provision in pervious years 29,771 - are being processed. 37,144 6,952 15 DEPOSIT FOR SHARES - 750,000 The charge for taxation in these financial statements is based on the provisions of the Companies Income Tax Act CAP C21 Laws of the Federation of Nigeria 2004 This relates to deposit made by Oasis Group Limited in respect of the proposed public offer which was suspended due to the then unfavorable condition in the capital market. The Board of Directors and Shareholders at the AGM approved the allotment in the year under review.

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NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)

2010 2009 2010 2009 N' 00 N' 000 N' 000 N' 000 16 CONTINGENCY RESERVE 20 MOVEMENT IN OUTSTANDING CLAIMS At January 1, 160,254 133,402 Gross claims outstanding 63,605 73,467 Additions during the year 23,786 26,852 Provision for IBNR 6,359 7,347 At December 31, 184 ,040 160,254 Outstanding claims- closing 69,964 80,814 Outstanding claims- opening (80,814) (68,766) 17 GENERAL RESERVE At January 1, (967,870) (845,481) Increase in outstanding claims (10,850) 12,048 Dividend declared during the year (note 7.1) - - Transfer from profit and loss account 61,427 (122,389) 21 INVESTMENT INCOME At December 31, (906,443 ) (967,870) Dividend income 7,024 14,770 Interest on term deposit 32,895 50,798 Income from fund management - 6,913 18 GROSS PREMIUM Profit/Loss on sale equity (45,348) The analysis of gross premium written on (5,430) 72,481 non-life business General accidents 417,131 320,871 22 OTHER INCOME Motors 535,613 420,793 Sundry Income 16,818 761 Fire 167,676 86,217 Foreign Exchange gain - 624 Marine 80,111 67,194 Profit on disposal of Fixed Assets 999 - Bond 25,650 - 17,817 1,385 1,226,181 895,075 23i MANAGEMENT EXPENSES 19 REINSURANCE COST Staff and other related costs 224,546 154,104 Reinsurance premium written 149,461 77,532 Staff pension and gratuities 14,587 8,221 Less decrease in reinsurance unearned (58,902) (16,282) Depreciation 53,740 45,273 Premium Directors' emolument 7,210 8,318 Auditors remuneration 1,500 4,000 Reinsurance cost 90,559 61,250 Loss from fund management - 23,300 Foreign exchange loss 1,234 1,596 Loss on trading of shares 5,430 132,983 Other operating expenses 142 ,355 127,423 450,602 505,218

23ii PENALTIES In the course of the year, the company paid the following penalties. (i) N60,000 in respect of late submission of 2009 Annual Returns (ii) N100,000 for failing to submit the solvency certificate along with the 2009 Annual Returns

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NOTES TO THE FINANCIAL STATEMENTS (Contd) NOTES TO THE FINANCIAL STATEMENTS (Contd)

2010 2009 2010 2009 N' 000 N' 000 N' 000 N' 000 27 EMPLOYEES 24 PROVISION FOR BAD AND DOUBTFUL ACCOUNTS Provision for bad doubtful bank balance - - 27. 1 Average number of persons employed during the Provision for bad and doubtful debts 194,400 179,753 year was as follows: 194,400 179,753 Managerial 18 12 Senior 51 47 25 LOSS/PROFIT BEFORE TAXATION Junior 15 12 This is stated after charging/ (crediting): TOTAL 84 71 Depreciation 53,740 45,273

Director' emoluments 7,210 20,093 Total Staff Cost 224,546 154,104 Auditors' remuneration 1,500 4,600 Loss from investments 5,430 - 27. 2 Pensions and gratuity Profit on disposal of fixed assets 999 [624] Amount charged to profit and loss account are: 12,517 8,221 Unrealised foreign exchange loss/(gain) [1,234] 1,596 Pension

2010 2009 27. 3 The number of employees in receipt of N' 000 N' 000 emoluments (excluding allowances and 26 CHAIRMAN'S AND DIRECTORS' EMOLUMENTS pensions) within the following ranges were:

26. 1 Emoluments: 580 580 NGN Fees 19,513 19,513 10,001 - 70,000 45 32 Others emoluments 20,093 20,093 80,001 - 90,000 13 9 90,001 - 100,001 17 12 26. 2 Chairman 560 560 100,001 - Above 9 6 Others 19,533 19,533 84 59 20,093 20,093 28 GUARANTEES AND OTHER FINANCIAL COMMITMENTS The emoluments (excluding pension contributions) of the highest paid directors amounted to 4,133 4,133 28. 1 Contingent Liabilities There are no known contingent liabilities for which appropriate provisions have not been made in 26. 3 the number of directors excluding the chairman the financial statements (2009:nil). whose emoluments were within the following ranges were: 2010 2009 28. 2 Financial commitments Numbers Numbers The directors are of the opinion that all known liabilities and commitments which are relevant in the NGN assessing of the state of the company have been taken into consideration in the preparation of 300,001 - 400,000 5 7 these financial statements. 1,600,001 - 1,700,000 3 1 2,170,001 and above 1 1 9 9

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2010 2009 27. 3 The number of employees in receipt of N' 000 N' 000 emoluments (excluding allowances and 26 CHAIRMAN'S AND DIRECTORS' EMOLUMENTS pensions) within the following ranges were:

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NOTES TO THE FINANCIAL STATEMENTS (Contd) STATEMENT OF VALUE ADDED FOR THE YEAR ENDED DECEMBER 31, 2010

2010 2009 2010 2009 N' 000 % N' 000 % 29 EARNINGS PER SHARE N' 000 N' 000 Gross underwritten premium 1,226,181 895,075 Profit attributable to shareholder investment and other income 12,387 73,866 for the year (Naira) 61,427 (95,537) 1,238,568 968,941 Weighted average number of ordinary shares in issue (Number) 6,503,506 5,003,506 Claims reinsurance Commissions and management expenses Loss per share (kobo) 1 (2) - Local (840,579) (800,483) Value added /(consumed] 397,989 100 168,458 100 Profit/Loss per 50k ordinary share is calculated on the profit/loss after tax and the number of ordinary shares issued at the year end. Applied as follows: 30 RELATED PARTY TRANSACTIONS 2010 2009 Related party transactions during the year are as follows: N' 000 N' 000 In payment of employees' Short term investment with Oasis Saving and Loans Ltd 162,070 162,070 - salaries and other benefits 246,343 62 162,325 96 Deposit for investment with Oasis Saving and Loans Ltd - 95,000 Deposit for shares by Oasis Group Ltd 750,000 In payment to government - Taxation 12,693 3 37,144 22 31 RECLASSIFICATION Certain reclassifications were made to the reported figures for prior year to conform to this year's Retained for replacement of assets presentation. and expansion of business: - Depreciation 53,740 14 45,273 27 - Deferred taxation 19,253 12 32 POST BALANCE SHEET EVENT - Contingency reserve 23,786 6 26,852 16 No post balance sheet event or transaction has occurred since the balance sheet date which - Profit/Loss for the year 61,427 15 (122,389) (73) would have a material effect upon the financial statements at the date or which would have the 397,989 100 168,458 100 need to be mentioned in the financial position or result of operations. The value added/(consumed) represents the wealth created/ (utilised) through the use of the company's assets by its employees.

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NOTES TO THE FINANCIAL STATEMENTS (Contd) STATEMENT OF VALUE ADDED FOR THE YEAR ENDED DECEMBER 31, 2010

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FIVE YEAR FINANCIAL SUMMARY NON-LIFE REVENUE AND PROFIT AND LOSS FOR THE YEAR ENDED DECEMBER 31, 2010

2010 2009 2008 2007 2006 2010 2009 N' 000 N' 000 N' 000 N' 000 N' 000 N' 000 N' 000 Bank balances and cash 58,840 44,255 19,967 464,176 31,252 Gross Premium 1,226,181 895,074 Treasury bills - 50,000 - 200,000 - Less increase in unearned premium (59,580) (11,479) Short term placements 558,192 494,516 972,369 1,283,158 396,249 Debtors and prepayments 729,233 780,211 783,143 448,382 476,674 Gross premium earned 1,166,601 883,595 Investments 979,108 987,740 912,093 965,132 75,970 Reinsurance cost (90,559) (61,250) Statutory deposit 300,000 300,000 300,000 300,000 35,000 Investment properties 184,147 184,147 97,322 - - Net premium earned 1,076,042 822,345 Fixed assets 1,118,893 583,998 496,385 46,925 35,892 Commission received 30,042 15,500 3,928,413 3,424,867 3,581,279 3,707,773 1,051,037 Total income 1,106,084 837,845 Creditors and accruals 98,478 63,993 197,841 85,535 110,310 Direct claims paid 250,008 128,395 Outstanding claims 69,964 80,814 68,766 62,090 52,895 Increase/Decrease outstanding claims (1 0,850) 12,048 Taxation 12,693 37,144 6,952 45,017 18,720 Deferred taxation 34,599 34,599 15,346 5,959 5,959 Gross claims incurred 239,158 140,443 Dividend - - - - 76,358 Reinsurance recoveries (85,283) (55,994) Insurance fund 240,703 181,124 169,644 49,195 51,769 Net claims incurred 153,875 84,449 397,674 458,549 247,796 16,011 Acquisition cost 197,946 159,586 456,437 3,027,193 3,122,730 3459977 735,026 Maintenance cost 23,742 21,845

Called up share capital 3,251,753 2,501,753 2,501,753 2,501,753 545,415 Total deductions 375,563 265,880 Deposit for shares - 750,000 750,000 - - Share premium 425,493 583,056 583,056 583,056 6,583 Underwriting profit 730,521 571,965 Share equilisation reserve - - - 87,465 31,001 Investment Income (5,430) 72,481 Contingency reserve 184,040 160,254 133,402 116,650 98,499 Other Income 17,817 1,385 General reserve (906,443) (967,870) (845,481) 171,053 53,528 Revalution reserve 517,133 Total Income 742,908 645,831 Shareholder fund 3,471,976 3,027,193 3,122,730 3,459,977 735,026 Management Expenses (450,602) (505,218) Provision for bad and doubtful accounts (1 94,400) (179,753) TURNOVER AND PROFIT Gross premium 1,226,181 895,075 558,403 271,522 292,794 Profit/ (loss) before taxation 97,906 (39,140) (Loss)/ Profit before taxation 97,906 (39,140) (829,624) 183,744 132,268 (Loss)/Profit after taxation 61,427 (95,537) (849,677) 38,164 113,548 Dividend - - - 80,000 76,358 (Loss) Earnings per share 1k (2k) (17k) 10k 10k Dividend per share - - - 2k 2k

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FIVE YEAR FINANCIAL SUMMARY NON-LIFE REVENUE AND PROFIT AND LOSS FOR THE YEAR ENDED DECEMBER 31, 2010

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GENERAL ACCIDENT - REVENUE ACCOUNT FIRE - REVENUE ACCOUNT FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

2010 2009 2010 2009 N' 000 N' 000 N' 000 N' 000 Gross premium 442,782 320,870 Gross premium 167,676 86,217 Less increase in unearned premium (36,348) (18,735) Less increase in unearned premium (11,126) 3,430

Gross premium earned 406,633 302,135 Gross premium earned 178,802 89,647 Reinsurance cost (45,788) (36,403) Reinsurance cost 19,709 (11,412)

Net premium earned 360,656 265,732 Net premium earned 159,093 78,235 Commission received 15,721 8,436 Commission received 9,525 4,186

Total income 376,377 274,168 Total income 168,618 82,421

Direct claims paid 114,448 44,804 Direct claims paid 15,628 2,467 Increase in outstanding claims 21,190 28 Increase/ [decrease] outstanding claims (11,354) 3,087

Gross claims incurred 135,638 44,832 Gross claims incurred 4,274 5,554 Reinsurance recoveries (58,051) (23,367) Reinsurance recoveries (10,878) (4,291)

Net claims incurred 77,588 21,465 Net claims incurred (6,604) 1,263 Acquisition cost 91,106 58,372 Acquisition cost 32,210 17,751 Maintenance cost 8,572 7,831 Maintenance cost 3,246 2,104

Total deductions 177,266 96,305 Total deductions 28,852 21,118

Underwriting profit 199,111 177,863 Underwriting profit 139,766 61,303

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GENERAL ACCIDENT - REVENUE ACCOUNT FIRE - REVENUE ACCOUNT FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

Gross premium earned 406,633 302,135 Gross premium earned 178,802 89,647 Reinsurance cost (45,788) (36,403) Reinsurance cost 19,709 (11,412)

Net premium earned 360,656 265,732 Net premium earned 159,093 78,235 Commission received 15,721 8,436 Commission received 9,525 4,186

Total income 376,377 274,168 Total income 168,618 82,421

Direct claims paid 114,448 44,804 Direct claims paid 15,628 2,467 Increase in outstanding claims 21,190 28 Increase/ [decrease] outstanding claims (11,354) 3,087

Gross claims incurred 135,638 44,832 Gross claims incurred 4,274 5,554 Reinsurance recoveries (58,051) (23,367) Reinsurance recoveries (10,878) (4,291)

Net claims incurred 77,588 21,465 Net claims incurred (6,604) 1,263 Acquisition cost 91,106 58,372 Acquisition cost 32,210 17,751 Maintenance cost 8,572 7,831 Maintenance cost 3,246 2,104

Total deductions 177,266 96,305 Total deductions 28,852 21,118

Underwriting profit 199,111 177,863 Underwriting profit 139,766 61,303

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MARINE - REVENUE ACCOUNT MOTOR - REVENUE ACCOUNT FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

2010 2009 2010 2009 N' 000 N' 000 N' 000 N' 000 Gross premium 80,111 67,194 Gross premium 535,613 420,793 Less increase in unearned premium 6,898 524 Less increase in unearned premium (41,256) (1,498)

Gross premium earned 87,009 72,518 Gross premium earned 494,356 419,295 Commission received (14,947) (13,435) reinsurance cost (10,152) -

Net premium earned 72,062 59,083 Net premium earned 484,231 419,295 Commission received 4,096 2,642 Commission received 899 236

Total income 76,158 61,725 Total income 485,130 419,531

Direct claims paid 5,124 6,363 Direct claims paid 114,808 74,761 Increase/(decrease) outstanding claims (590) 2,563 Increase in outstanding claims 20,096 6,370

Gross claims incurred 4,534 8,926 Gross claims incurred 94,712 81,131 Reinsurance recoveries (4,038) (6,300) Reinsurance recoveries 12,316 (22,036)

Net claims incurred 496 2,626 Net claims incurred 82,396 59,095 Commission paid 1,204 Acquisition cost 59,747 59,900 Acquisition cost 14,882 14,926 Maintenance cost 10,370 10,270 Maintenance cost 1,554 1,640 Total deductions 152,513 129,265 Total deductions 16,932 19,192 Underwriting profit 323,617 290,266 Underwriting profit 59,226 42,533

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MARINE - REVENUE ACCOUNT MOTOR - REVENUE ACCOUNT FOR THE YEAR ENDED DECEMBER 31, 2010 FOR THE YEAR ENDED DECEMBER 31, 2010

Gross premium earned 87,009 72,518 Gross premium earned 494,356 419,295 Commission received (14,947) (13,435) reinsurance cost (10,152) -

Net premium earned 72,062 59,083 Net premium earned 484,231 419,295 Commission received 4,096 2,642 Commission received 899 236

Total income 76,158 61,725 Total income 485,130 419,531

Direct claims paid 5,124 6,363 Direct claims paid 114,808 74,761 Increase/(decrease) outstanding claims (590) 2,563 Increase in outstanding claims 20,096 6,370

Gross claims incurred 4,534 8,926 Gross claims incurred 94,712 81,131 Reinsurance recoveries (4,038) (6,300) Reinsurance recoveries 12,316 (22,036)

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LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

1. A ODUSU & ASSOCIATES 87. ADEDARA ABAYOMI OLALEKAN 173. ADEWALE OLATUNJI JAMES 259. AINA BAKARE 345. AKINWUMIJU AYODEJI PAUL 431. ANIKA REUBEN OBI 2. AARON CHINAEMEREM BRIGHT 88. ADEDAYO ADEYINKA ADEKOYA 174. ADEWARA BUKOLA 260. AINA FUNMI 346. AKINWUNMI IBIDAPOMOLA 432. ANIKWE CLETUS CHIJIOKE 3. AARON EBERE 89. ADEDIRAN OLUFUNMILAYO AYOKA 175. ADEWOLE S. K. 261. AIYEBAMERU CALEB OLUWASEGUN 347. AKINYEMI GABRIEL ADESHOKAN 433. ANIOBI KENECHUKWU CHIKA 4. ABAH EMMANUEL AUGUSTINE 90. ADEDOYIN ADEDAYO ADEDOTUN 176. ADEWUMI OLUBUNMI SUNDAY 262. AJADI DANIEL OLAMIDE OLUSEGUN 348. AKINYEMI OLUWATOMILOLA RONKE 434. ANIWETALU UCHENNA 5. ABAYOMI FETUGA 91. ADEDOYIN RAYMOND 177. ADEWUMI TAOFIK ABDUL 263. AJADI ELIZABETH ABIOLA 349. AKITAH ELLIOT OSARO 435. ANTHONY DANIEL CHIGOZIRIM 6. ABAYOMI KAYODE KOREDE 92. ADEEGBE AMINAT MOJI 178. ADEWUNMI ANNABELLA ADEMUYIWA 264. AJADI SAMUEL OLUWAGBEMIGA 350. AKOBUNDU GODWIN OGECHUKWUAIKAMA 436. ANUFORO FELIX UCHECHUKWU P. 7. ABAYOMI KAYODE KOREDE 93. ADEFIOYE ADEFEMI BELLO 179. ADEWUNMI OLADUNNI MUJIRAT 265. AJAEGBA PAUL OGHENE-ROBOR 351. AKOGUN OLAFIMIHAN EMMANUEL 437. ANUKWU CHINEDU 8. ABAYOMI KEHINDE TEMITAYO 94. ADEFIOYE ADEFEMI BELLO 180. ADEWUNMI SEMIU ADEKOLA 266. AJAERO CHIKEZIE DICKSON 352. AKOMOLAFE ADEGBOYEGA OLA 438. ANYADIEGWU CYPRIAN SUN 9. ABAYOMI KEHINDE TEMITAYO 95. ADEGBIE AYODELE ABIODUN 181. ADEWUNMI SEMIU ADEKOLA 267. AJAJA OLORUNFEMI KAYODE 353. AKORAH IFEANYI 439. ANYAEGBU CLEMENT NDIDIAMAKA 10. ABAYOMI TAIWO TEMITOPE 96. ADEGBITE SUNDAY NATHANIEL ABIODUN 182. ADEWUSI MOSES ADEBAYO 268. AJALA SAMUEL OLUSEGUN 354. AKOSA JOSHUA CHINAECHEREM 440. ANYALUORE MICHAEL OWOTEMU 11. ABDUL ADEOLA DEBORAH 97. ADEGBITE SUNDAY NATHANIEL ABIODUN 183. ADEWUYI ISIAKA DIEKOLA 269. AJAO MOSUDI AYINDE 355. AKOSILE IDOWU OLAJIMI 441. ANYANWU KING GERYASE 12. ABDUL FOLASADE OLUFUNKE 98. ADEGBOYEGA BABATUNDE ATANDARE 184. ADEYANJU ADENIKE BAMIDELE 270. AJASA BABATUNDE ADESINA 356. AKPABIO MONDAY GODWIN 442. ANYANWU KING GERYASE 13. ABDUL JIBRIN BABA 99. ADEGBOYEGA GRACE ADELEYE .A 185. ADEYANJU AGBOOLA EBENEZER 271. AJAYI ABIODUN 357. AKPAETOK AKPAN USORO 443. ANYAOKEI CHARLES CHUKUGOZI 14. ABDUL ROTIMI OLUWATOYIN 100. ADEGOKE ADEWALE M 186. ADEYEMI ABIODUN ADENIYI 272. AJAYI OMOTAYO ABIODUN 358. AKPAN ANIEDI-ABASI O. 444. ANYASO LYDIA UGOCHI (MRS) 15. ABDULAZEEZ MUSBAU BABS 101. ADEGOKE KAYODE TIRIMISIYU 187. ADEYEMI ADEWALE IDOWU 273. AJAYI SAMSON KUNLE 359. AKPAN ETOP ANDY 445. ANYOKU AMAKA CLARICE 16. ABDULLAH FARUK 102. ADEJARE DEBORAH 188. ADEYEMI FRANCIS A. 274. AJAYI TAIWO ISAAC 360. AKPAN GEORGE SAMPSON 446. APEMIYE DAVID 17. ABDULLAHI A. BASIRAT 103. ADEJARE DEBORAH 189. ADEYEMI OLUSOGA OLUWAMUYIWA 275. AJEKIIGBE MOSES OLU 361. AKPAN JOB BERNAND 447. APIAKA STEPHEN OKECHUKWU 18. ABDULLAHI KHAMILU 104. ADEJOH JOSEPH OKPANACHI 190. ADEYEMI OLUWAFUNJO EROMOSELE 276. AJEWOLE ADEOYE ADEKUNLE 362. AKPAN MICHAEL UDOFA 448. ARCHIBONG IBANGA 19. ABDULMALIK MARYAM DALHATU (MRS) 105. ADEK NIGERIA ENTERPRISES 191. ADEYEMI OLUWATOMISIN OSEMUDIAMEN 277. AJEWOLE ADEOYE ADEKUNLE 363. AKPATA EGIE EFOSA 449. ARCHIBONG UDUAK ANIEFIOK 20. ABDUL-QUADIR MUHAMMAD SABIU 106. ADEKANBI SEMOLA CHRISTIANIAH 192. ADEYEMI STEPHEN OLUMUYIWA 278. AJIBARE ADEDAYO OLUYEMI 364. AKPOJIVI RAYMOND DR 450. AREGBESOLA YAYA AREMU 21. ABDUL-QUADIR MUHAMMAD SABIU 107. ADEKOGBE ADEWALE JULIUS 193. ADEYEMI WILLIAMS OLUSEGUN 279. AJIBARE ADEDAYO OLUYOMI 365. AKPONOVO OGHENELUKUME FESTUS 451. AREMU DEBORAH OLADUNNI 22. ABDULRAHEEM FOLORUNSHO ABDULQADRI 108. ADEKOYA MOHD AISHATU 194. ADEYEMO ADEBAYO OYEWOLE 280. AJIBARE ADEFELA ADARANIJO 366. AKUBO ADEGBE WILSON 452. AREMU FOLAKE ADEJOKE 23. ABDUL-RAHEEM OLATUNDE SULYMON 109. ADEKOYA OLUWAMUYIWA 195. ADEYEMO OLADIPO OLUKAYODE 281. AJIBOSO OLUFEMI AKINDELE 367. AKUBUE NONSO EMMANUEL 453. AREOGUN-SOYODE OLAYINKA 24. ABDULRASAQ ABISOLA JIMOH AMINAT 110. ADEKUNLE OLUDARE ADEDEJI 196. ADEYEMO ROTIMI ADEDAYO 282. AJIBOSO OLUFEMI AKINDELE 368. AKUNAEZIRI POLYCARP ANAYOCHUKWU 454. ARETA NGOZI NWOSU 25. ABDULRASHEED OLADIMEJI 111. ADEKUNLE SAMUEL KAYODE 197. ADEYEYE FALILAT B. 283. AJIBOYE EMMANUEL OLUDELE 369. AKWAFUO KELECHI MODESTUS 455. ARIGBEDE OLUMAYOWA OLATUTU 26. ABDULSALAMI BADIRU 112. ADELADUN OLUMIDE 198. ADEYEYE TOMIKE FELICIA, 284. AJIBOYE EMMANUEL OLUDELE 370. ALABI ADELAYO JOSEPH 456. ARILESERE ABDULSATAR OLAJIDE 27. ABDURAHEEM BABATUNDE MIKAIL 113. ADELAJA OLADELE J 199. ADEYOYIN ADEDAPO A. O. 285. AJIBOYE MUFUTAU TEMITOPE 371. ALABI NURAT IYABO 457. ARIYIBI RICHARD ADELANI 28. ABEGUNDE EMMANUEL OLUWASEUN 114. ADELAKUN OLAMIDE MOJISOLA 200. ADIGHA EBIMOBOWEI 286. AJIBOYE OLATUNJI KUNLE 372. ALABI PAULINA IMABS 458. AROGUNDADE OLUFEMI FESTUS 29. ABEOKUTA BAPTIST CHURCHES DEACONS FEL. 115. ADELANI PAUL IGBALA 201. ADIGHIJE CHRIS 287. AJIBOYE OLUWAKEMI ABIDEMI 373. ALABI QUADRI AKINOLA 459. AROGUNDADE TOLUWALOJU JOSHUA 30. ABIDDE EDNA 116. ADELEKE ADIJAT ADENRELE 202. ADIGUN RACHAEL OLUWATOYIN 288. AJISAFE ABAYOMI 374. ALABI SAKA KOLAPO 460. AROKE EMMANUEL BIODUN 31. ABIMBOLA OMOTUNDE RAPHAEL 117. ADELEKE ADIJAT ADENRELE 203. ADIO OLUSOLA 289. AJITERU OYEBANJI KEHINDE 375. ALABO ATUSEN 461. AROWOLO FATAI OLUSEGUN 32. ABIODUN FUNMI 118. ADELEKE AYODEJI OLORUNLEKE 204. ADISA BIODUN OLUBUNMI AKANNI 290. AJITERU OYEBANJI KEHINDE 376. ALADEGBOYE FUNSO KOLE 462. ARUBERE FELIX IKIYO 33. ABIOLA OLAYEMI 119. ADELEYE BABATUNDE MICHAEL 205. ADU RUTH TEMI 291. AJOMALE ADEJOKE OLUWATOYIN 377. ALADEITAN EVELYN TEBEBIERE 463. ARUBIKE KEN (MR & MRS) 34. ABIOLA OLUFUNKE 120. ADELEYE OLUMIDE ADEDEJI 206. ADUBU-AYENI TAIWO AARINOLA 292. AJULUCHUKWU ANTHONY U. 378. ALADEMEHIN DANIEL FEMI 464. ARUKHE DENIS SUNDAY 35. ABIONA EZEKIEL OLUDAYO 121. ADELEYE OLUMIDE ADEDEJI 207. ADUNBARIN TEMITOPE MORENIKE 293. AJUONU CHIAGOZIEM 379. ALADEYELU J. A. 465. ARULOGUN ELIZABETH ADEFOLAKE 36. ABIONA SHERIFF JOSEPH 122. ADELUGBA OLAYINKA ADEBIMPE 208. AFOLABI IBRAHIM ABIMBOLA 294. AKABUEZE TITUS O. 380. ALAKE GRACE OLUWAYEMISI 466. ARUM SYLVESTER CHIBUIKE 37. ABIOYE LEKAN 123. ADEMINEGBE THOMAS MEREMUBIO 209. AFOLABI OMOLABAKE HAFSAT 295. AKABUEZE TITUS ODIONYEBUCHUKWU 381. ALAMUTU MEMUNAT YETUNDE 467. ARUMEMI SOLOMON AIGBOKHAI 38. ABIOYE OLUWAFEMI THOMAS 124. ADEMOLA ABAYOMI ADEKUNLE 210. AFONJA YEMISI BALQIS 296. AKAKPORO EMMANUEL CHUKWUDUWEN 382. ALAO TAIWO 468. ASA PAUL TOMOLA 39. ABIRI OLATUNDE OLALEKAN 125. ADEMOLA MAYOWA HAMMED 211. AFONUGHE EDEWOR 297. AKALA ALEX ADERENLE 383. ALAO VICTORIA ADEJOKE 469. ASADE OLABISI MUSTAFA 40. ABOABA OLUWATOSIN ROTIMI 126. ADENAIKE LEYE ADEMUYIWA 212. AGANAH OGAHINYOHE GODWIN 298. AKAMO BABATUNDE ADEMOLA 384. ALAPO OLADEJI JOHN 470. ASADE OLABISI MUSTAFA 41. ABONYI BLESSING CHIOMA 127. ADENEKAN RUKKY GBADERO 213. AGBAJE NURU & OYIDU 299. AKAN ATIM ASUKWO BASSEY 385. ALAPO TIMOTHY G. 471. ASAIJE EMMANUEL ONYEMECHI 42. ABONYI PAUL ONYEMECHI 128. ADENIGBAGBE ADETOLA ADEDUN 214. AGBAJELOLA HAMEED 300. AKANBI KUDUS OLALEKAN 386. ALASAN YAHAYA AKIM 472. ASEKHAMHE MARCUS 43. ABRAHAM MATTEW GRACE 129. ADENIJI FOLASADE 215. AGBAJELOLA HAMEED 301. AKANDE SALIMOT ABOSEDE 387. ALATTA JOY 473. ASEMOTA EFOSA 44. ABRAHAM PHILIP 130. ADENIJI FOLASADE 216. AGBALAYA OLANREWAJU IBRAHIM 302. AKANINYENE ADIDIONG 388. ALBERT IFEOLUWA LAURA 474. ASEMOTA NOSKHARE LUCY 45. ABRAHAMIC SEED OWODE(YEWA YOUTH) COOP. 131. ADENIJI MICHAEL AYOTUNDE 217. AGBASIERE GILBERT 303. AKANINYENE FEDELIS USORO 389. ALEKE ABEL CHINEDU 475. ASIEGBU MONDAY 46. ABU IBRAHIM AHMED 132. ADENIKEN ABIGEAL 218. AGBATO ABIOLA ELIZABETH 304. AKANNI CYMONE OLUTOYESE 390. ALEX NWANGWU THERESA A 476. ASINE ANSLEM 47. ABUBAKAR MAHMOUD BABAYO 133. ADENIKEN ABIGEAL 219. AGBATO ABIOLA ELIZABETH 305. AKANU HENRY OKWUDILI 391. ALHASSAN HARU 477. ASOGBA TEMITOPE S. 48. ABUBAKAR MUSA IBRAHIM 134. ADENIRAN FUNKE OLOLADE 220. AGBESIME GABRIEL 306. AKENE KARO EWOMA ZINO 392. ALI PEACE ONYINYE 478. ASUOHA UZOMA CHAMBERLAIN 49. ABUBAKAR UWA 135. ADENIRAN GBEMISOLA 221. AGBEYE SUNDAY FELIX 307. AKHERE CHARLES ODIANOSEN 393. ALIGBA ALICE ANN 479. ASUQUO EKPENYONG BASSEY 50. ABUBAKAR YAHAYA DABO 136. ADENIRAN GBEMISOLA 222. AGBO JOHN SANI 308. AKHIGBE ALEX UNUABONA 394. ALIMI SHAKIRU OLUKAYODE 480. ATAGANA OBADA SAMUEL 51. ABUBAKAR ZAINAB ABDULLAHI 137. ADENIRAN ISAAC AJIBADE 223. AGBO KINGSLEY CHIBUZOR.O 309. AKHIMIEN PATIENCE ONOSEMUDIANA 395. ALIYU BASHIRU MODIBBO 481. ATANDA FOLASADE TEMITOPE 52. ABUGU IKENNA OGBONNA 138. ADENIYI ADEGBOLA 224. AGBOGHAI UWAYA JUDE 310. AKIN NNANA FATHER 396. ALNAS DINAMIC LINKS LTD 482. ATANLUSI SAMUEL OLAREWAJU 53. ABURIME DANIEL IKHORIA 139. ADENIYI AZEEZ BABATOPE 225. AGBOGUN SARAFA ADEWUMI 311. AKINADE KAZEEM 397. ALUKO BUNMI OSUOLAPE 483. ATEGOH ESTHER O 54. ACHINONU GLADYS NNENDA 140. ADENIYI AZEEZ BABATOPE 226. AGBOGUN SARAFA ADEWUMI 312. AKINBAMIRE AMOS AKIN 398. ALUKO LAWRENCE OLUFAYO 484. ATENIOLA ABIODUN LAWRENCE 55. ADAHUNSE RASHEED AGBOLADE 141. ADENIYI FREDRICK-ADEGOKE 227. AGBONTAEN ELIZABETH OSAMEDE. 313. AKINBISOYE OLUSEGUN BAYO 399. ALUKO MOJISOLA ESTHER 485. ATIBA ADEBIMPE ELIZABETH 56. ADAJI ABUBAKAR OGIJO 142. ADENIYI MUDASIRU 228. AGBOOLA ABDULLAH AKANNI 314. AKINBOBOYE JOSEPH TAIWO 400. ALUKO OLUWASEUN PETER 486. ATIKUEKE OKEOGHENE 57. ADAJI ATTAH 143. ADENIYI RASHEED OLORUNTOSIN 229. AGBOOLA ADEMOLA 315. AKINBODE MICHAEL OLAYIWOLA 401. ALUKO ZACCHAEUS ABIODUN 487. ATKINSON MOSUNMOLA ENITAN 58. ADAMU AUWAL 144. ADENIYI RASHEED OLORUNTOSIN 230. AGBOOLA AMOS OLUSEGUN 316. AKINBODE MICHAEL OLAYIWOLA 402. ALUMONA SCHOLASTICA IJEOMA 488. ATOMON I. FAITHFUL 59. ADAMU FIBI ALHERI 145. ADENIYI SUNDAY ABRAHAM 231. AGBOOLA AMOS OLUSEGUN 317. AKINDAYOMI IFEOLUWA .O 403. AMADI CHINYERE LINA 489. ATOMON O. FAVOUR 60. ADAMU MICAH GUMUS 146. ADENOWUN OLADIPUPO 232. AGBOOLA BOLATITO SAKIRAT 318. AKINDE OLUMIDE ADEGBENGA 404. AMADI EDITH NKEM J 490. ATTAH DAVID 61. ADAMU SABASTINE 147. ADEOBA ADETUNJI 233. AGBOOLA BOLATITO SAKIRAT 319. AKINDELE ADEKUNLE MICHAEL 405. AMAECHI RUFUS CHISARAUKA 491. ATTUEYI CHIDALU ERIC 62. ADAMU TAIYE 148. ADEOBA ADETUNJI 234. AGBOOLA EMMANUEL OBIESESAN 320. AKINGOROYE OLUSEGUN 406. AMEH CALEB ADA-EGAHI 492. ATUNDE ABIGAIL OMOLOLA 63. ADARAMAJA OLUBUNMI G. 149. ADEOGUN RASHEEDAT 235. AGHA CLEMENT NNAMDI 321. AKINJO KOLADE VICTOR 407. AMEH GODWIN UFEDO 493. AUDU ISHAYA RIMSAK 64. ADARE MORENIKE FOLUSO 150. ADEOJO GABRIEL ADEYEMI 236. AGHAENU AUGUSTINE NGHEDO 322. AKINLUA JADESOLA YETUNDE 408. AMENAGHAWON FELIX OSAROSE 494. AWAK FRANK .E. 65. ADARE MORENIKE FOLUSO 151. ADEOJO GABRIEL ADEYEMI 237. AGHARA JOSEPH OKECHUKWU 323. AKINMEGHA TAIWO OPEYEMI 409. AMEZE HILLARY OTSU 495. AWE OLUWASEYI BABATUNDE 66. ADEAGBO ADENIKE OLAJUMOKE 152. ADEOLU GIDADO 238. AGHEDO EFOSA 324. AKINOLA LISA INUMIDUN BRIGHT 410. AMIGO-JAFOR MARY EMILOJU 496. AWEJE ABU AVEZAN 67. ADEBANJO ADEYINKA ADENIRAN 153. ADEOSHUN GRACE OMOYEMI 239. AGHO OSARODION 325. AKINOLA OLUFEMI SAMUEL 411. AMIOLEMEN COMFORT OMOYE 497. AWOBADEJO YETUNDE AWOBADEJO 68. ADEBANJO ADEYINKA ADENIRAN 154. ADEOSUN KEHINDE OSENAT 240. AGHOGHOVBIA BRIGHT AKPOTURE 326. AKINOLA OLUFEMI SAMUEL 412. AMODU TEMITOPE SULAIMON 498. AWODIRAN E 69. ADEBANJO DEBORAH TEJUMADE 155. ADEOSUN KEHINDE OSENAT 241. AGHOLOR MERCY NWAKAEGO 327. AKINREMI OLASUNKANMI AKINWUMI 413. AMOO WAHAB OLAWALE/INTERSEC 499. AWOLEKE SAMUEL AWOTOKUN 70. ADEBANJO ELIZABETH AFOLAKE 156. ADEOYE RAPHAEL G. 242. AGU ERNEST OGBONNA 328. AKINSIPE FRANKLIN A 414. AMORE OLAYEMI DAVID 500. AWOLEYE PETER OLALEKAN 71. ADEBAYO ABIOLA ABIONA 157. ADEPOJU ABIOLA MODUPE 243. AGUNKEJOYE SAMUEL OLUWASEGUN 329. AKINSO STELLA 415. AMOS EMMANUEL 501. AWOLOKUN OLUWAKEMI BUKOLA 72. ADEBAYO CHRISTIANAH OLUWATOYIN 158. ADEPOJU ABIOLA MODUPE 244. AGUNSOYE OLUROTIMI JOHNSON 330. AKINSOLA OLUWAKEMI TEMITOPE 416. AMOYE SEGUN 502. AWOLOLA SUNDAY PETER 73. ADEBAYO FELIX OLALEKAN 159. ADEPOJU ADEMOLA DAVID 245. AHAMIOJIE CHRISTABEL K 331. AKINSULIRE ROBERT TOKUNBO 417. AMUJO ADEDAMOLA PRAISES OREOLUWA 503. AWOLUSI DAVID FEMI 74. ADEBAYO OLAMIDE ADUKE 160. ADERIBIGBE OLAIDE RUTH 246. AHMED KABIR 332. AKINSULIRE ROBERT TOKUNBO 418. AMUNA HELEN 504. AWORANTI OLATUNDE AWOTOKUN 75. ADEBAYO ONAOLAPO ADENIYI 161. ADEROGBA ADETUNJI 247. AHMED NURUDEEN ATANDA 333. AKINTARO EUNICE ENIOLA 419. AMUSA VICTOR OLATUNDE 505. AWOSANMI VICTOR OLUGBENGA 76. ADEBAYO SHAIBU AREMU 162. ADEROUNMU ISAAC ADEWUMI 248. AHMED OLATUNJI LIADI 334. AKINTARO GRACE ODUNAYO 420. ANADU BEATRICE NWAMALUBIA 506. AWOSINA MOPELOLA 77. ADEBIMPE TAOFIK ADEBUKOLA 163. ADESANYA OLAYEMI HANNAH 249. AHMED SUFYAN 335. AKINTARO GRACE ODUNAYO 421. ANAGWONYE BENJAMIN CHINEDU 507. AWOSINA MOPELOLA 78. ADEBISI CALEB GBADEGESIN 164. ADESHINA ISMAIL OLUSEGUN 250. AHMED-FARI HAUWA 336. AKINTOLA FEYISITAN AFOLAKE 422. ANDREW INNOENT SUNDAY 508. AWOSINA SIMILEOLUWA 79. ADEBISI JELEEL KOLAWOLE 165. ADESIDA OKUNADE MICHEAL 251. AIDI OLUWATOYIN IYABODE 337. AKINTOLA OLUKAYODE OLAITAN 423. ANI HARRIS EFE 509. AWOSINA SIMILEOLUWA 80. ADEBISI MAROOF 166. ADESIDA OLUWABUNMI HELLEN 252. AIGBEVBOLE ISUAN MARCELLINA 338. AKINTOLA TITILOLA 424. ANI IKECHUKWU JOSEPH 510. AWOYEMI KIKILOMO OMOTOLA 81. ADEBIYI SADE AWENI 167. ADESIDA ZACHEAUS OLUSOLA 253. AIGBEVBOLE ISUAN MARCELLINA 339. AKINTOYE OLUFUNMILAYO REGINA 425. ANICHEBE CHIBUZO CALISTUS 511. AWULONU JOY 82. ADEBIYI SADE AWENI 168. ADESIPE ADEBAYO ABIDEMI 254. AIGBOGUN OSARUMWENSE 340. AKINTUNDE OMONIYI OLUWADAMILOLA 426. ANIEKWE HARLOD IKEMEFUNA 512. AYAMAOWEI AWONGO 83. ADEBIYI YUSUF OMOYENI 169. ADETIBA YEJIDE REBECCHA 255. AIGBOKHAI EDEKIN LUCKY 341. AKINWALE OLAWUNMI OLADUNNI 427. ANIEKWE PRISCILLA CHINELO 513. AYANGBADE GIDEON DUROJAYE 84. ADEBODUN ABIODUN ADEBAYO 170. ADETUGBOBO IYABO OLABIYI 256. AIL SECURITIES LTD-DEPOSIT A/C 342. AKINWALE OMONIYI JOSEPHINE 428. ANIEKWE UCHECHUKWU V 514. AYANWALE WURAOLA JOSEPHINE 85. ADEBUGA OMOWUNMI 171. ADEWALE BOSE FOLUSO YINKA 257. AILERU SELIMOT AMOPE 343. AKINWALE SAMSON TAJU 429. ANIEMENA CHRISTOPHER OLUCHUKWU 515. AYANWALE WURAOLA JOSEPHINE 86. ADEBUGA OMOWUNMI 172. ADEWALE MOROOF ADETONA 258. AIMIEROVBIYE .E 344. AKINWOLERE JOHN SEGUN 430. ANIEZE-CORONA IFEOMA 516. AYEDUN GODWIN OLUSEYE

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LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

OASIS INSURANCE OASIS INSURANCE Annual Annual Report & 2010 2010 Report & Accounts Accounts . . . a w e l c o m e r e l i e f 54 55 . . . a w e l c o m e r e l i e f

LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

517. AYEDUN GODWIN OLUSEYE 603. BIMAJ-TOP VENTURES 689. DOSUMU SUNDAY OLUMIDE 775. EMMANUEL CHIOMA 861. FAMESO FRANICIS OYEWOLE 946. IBEH EMEKA RAYMOND 518. AYENI ISIAH AKINBAMIDELE 604. BIOKO BINAEBI NANCY 690. DOSUMU TAIWO HASSAN 776. EMMANUEL FRANCISCA MEBEI 862. FANIYI ABAYOMI BABATUNDE O. 947. IBEH UCHE CHRISTOPHER 519. AYENI OLUYEMI MICHAEL 605. BITRUS PAUL ANDE 691. DOSUNMU OLUFEMI ADISA 777. EMMANUEL NANPAH 863. FANIYI OLALEKAN ADESEGUN 948. IBEH UCHENNA DANIEL 520. AYENIOYE AMOS OYENIYI 606. BOI-ASIKOKO ONYEISI PETER 692. DOUTIMIWEI EKPOBOMINI MRS. 778. EMOJORHO EMUDIAGA FRANCIS 864. FANIYI OLALEKAN ADESEGUN 949. IBEJI EZENWA DAVID 521. AYERITE BECKY AGHOGHO 607. BOI-UKEME YALI 693. DOUYE OWONARO 779. EMOKAI UZOCHUKWU HARRISON 865. FAPOHUNDA OLUWASEUN DORIS 950. IBEKA VICTOR EMEKA 522. AYERITE EBI NGO 608. BOLAJI OLUDARE SAMUEL 694. DOVEDO JOHN 780. EMOVWERHA HELEN-CLARKSON 866. FARODOYE OLAWALE 951. IBELIU RICHARD ARIHPAWABAI 523. AYETIGBO MORENIKE & ABIMBOLA 609. BOLARINDE EUNICE OLAREWAJU 695. DURODOLA OLAJIDE OLAYEMI 781. ENAHOLO CHRISTOPHER OKEHIGBEMEN 867. FARUK SANI 952. IBENEME EGO FLORENCE 524. AYIKA FELIX BAMIYO 610. BONA CHIMAUCHEM JOHN 696. DUROSARO OYEBOLA FOLASHADE 782. ENAJUKE OTHUKE HENRY 868. FASAKIN OLUWABANKE CHRISTIANAH 953. IBETO CHIZOBA 525. AYIM AMAKA QUEEN 611. BONA CHIMAUCHEM JOHN 697. DUROSINMI HIKIMOT AYOKA 783. ENAKPODIA VINCENT-DAVID ERHURUVIE 869. FASAKIN OLUWABANKE CHRISTIANAH 954. IBIDAPO ANTHONY 526. AYINLA WASIU AKINKUNMI 612. BOYO PAUL 698. DUROSINMI HIKIMOT AYOKA 784. ENECHE MERCY 870. FASANYA ADEJOKE 955. IBIDOKUN FUNKE GRACE 527. AYOADE ADETOLA E 613. BRATTE ELIJAH OMASANJUWA 699. DUROWOJU ABIODUN PETER 785. ENEJI FLORENCE EGANA 871. FASANYA JONATHAN OLALEKE 956. IBONYE CHIONYE 528. AYOADE MORUFU 614. BROWN TUONIMI 700. DURU CHINEDU 786. ENEM IJEOMA VIRGINIA 872. FASHINA MOJISOLA SHERIFAT 957. IBRAHIM ABIODUN SULAIMON 529. AYORIND OYEBODE THOMAS 615. BUL CHRISTIE MBALUMUM 701. DURU EZENWA 787. ENEMOH GRACE NDIDI 873. FASHOLA OLUGBEGA AMOS 958. IBRAHIM ABIODUN SULAIMON 530. AYORIND OYEBODE THOMAS 616. BULL KARINATE TOBINUS 702. EBARETONBOFA OLUSOLA A. 788. ENIOLA OLUWALOSEYI STEPHEN ENGR 874. FASHOLA SAMUEL 959. IBRAHIM AISHA ILIYA 531. AYUK EGAR EBAJI 617. BULURO AFOLAKE OLAYINKA 703. EBAYE SUNDAY ESOSO NSED 789. ENIOLA SOLA OLASUNKANMI 875. FASHOLA SAMUEL 960. IBRAHIM JIBRIN 532. AZEEZ ADEDAYO LATEEF 618. BULURO AYODELE ABIODUN 704. EBEN-SPIFF KIKELOMO OLUFUNKE 790. ENRICH INVESTMENT TRUST LTD, 876. FASUSI FEMI FAITHFUL 961. IBRAHIM TAIWO OLATUNDE 533. AZEEZ MUKHTAR OLUWASEUN 619. BULUSSON GIDION 705. EBILLAH KENNETH IREM 791. ENUWA G. OCHE 877. FATOBI CHRISTIANAH 962. IBRAHIM TESLIM OLUWATOMIWA 534. AZU JULIUS PATRICK 620. BURUCHE DAVID OKECHUKWU 706. EBONWU CECILIA IFEOMA 792. ENWEGBARA MICHAEL 878. FATOKI TOLULOPE 963. IDENOBOREWE GODFREY 535. BABAFEMI OLA SUNDAY 621. BURUCHE DAVID OKECHUKWU 707. EBOSIE EMMANUEL CHUKWUEMEKA 793. ENYIOHA IHANKGOD CHINWENYENTA 879. FATOKUN ABIOLA AYOOLA 964. IDHOLO ORO ATA 536. BABALOLA ADEGBOYEGA ADESOJI 622. BURUFEGHA SAMUEL STANLEY 708. EBUARA AGNES OGAKWU 794. EPHRAIM UDOH BENJAMIN 880. FATONA FEYISAYO FOLASHADE 965. IDIAKE ILOBEKEMEN 537. BABALOLA BAMIDELE SODIQ 623. BUSARI FATAI ADEGBOYEGA 709. EBUN HERITAGE FOUNDATION SCHOOL 795. EQUITABLE TREASURE SERVICES 881. FATUNBI OLUSOLA GRACE 966. IDIODEMISE IGHO ETHEL 538. BABALOLA BAMIDELE SODIQ 624. BUSARI MUTIU OLATOKUNBO 710. EBUTE ANTHONIA NWUKAMAKA 796. EQUITY CAPITAL SOLUTIONS LIMITED 882. FATUSIN EMMANUEL 967. IDOWU OLAJUMOKE OLUFUNMILAYO 539. BABALOLA JONATHON ABAYOMI 625. BUSARI MUTIU OLATOKUNBO 711. EDEH CLEMENT 797. ERHABOR EFERETIN ANTHONY OLUKAYODE 883. FAWI JOYCE OLAYIKANMI 968. IDOWU OLASUPO 540. BABALOLA ODUNOLA 626. CAPITAL ASSETS LTD-DEPOSIT A/C 712. EDEVBIE MORGAN PAUL 798. ERIMOSHO OLATUNBOSUN BOLA 884. FAWIBE FAUSAT AYANJOKE 969. IDOWU OLISAYO EZEKIEL KUNLE 541. BABALOLA SHOLA 627. CAPITAL ASSETS LTD-TRADED-STOCK-A/C 713. EDOKWE VERONICA IJEOMA 799. ERIMOSHO OLATUNBOSUN BOLA 885. FAWIBE TEMITOPE JOLAADE 970. IDOWU OMOLARA MODINAT 542. BABALOLA SULAIMON BAMIDELE 628. CENTURY SECURITIES LTD-TRADED-STOCK-A/C 714. EDUMOH KENNETH 800. ERUCHIE DANIEL IKECHUKWU 886. FAWUNMI SEUN TEMITAYO 971. IDOWU-SODE GRACE IBIDUNNI 543. BABALOLA SULAIMON BAMIDELE 629. CHARLES JAMES AKPAN 715. EDWARD CHUKWUNAZUNWA U. 801. ESAN BABATUNDE LUCAS 887. FAWUNMI SEUN TEMITAYO 972. IDUROBO GIFT IMAFIDON 544. BABALOLA WOSILAT OYOMI 630. CHIDI KELECHI 716. EFFIONG ANGELA MERCY 802. ESAN ODUNAYO OLUWASEYI 888. FAYANJUOLA OLAYINKA 973. IFAORUMHE MOSES MAJOR 545. BABALOLA ZAINAB ADERONKE 631. CHIEKEZIE NGOZI LILIAN E 717. EFFIONG JANET SYLVANUS 803. ESAN OLUSOLA MOTUNRAYO 889. FAYEMI ADETOUN OLUWATOSIN 974. IFECHUKWU STEPHEN A. 546. BABANIYI SAMUEL 632. CHIGBO PETER CHUKWUDI 718. EFIONG NSIKAKABASI PAUL 804. ESAN OLUSOLA MOTUNRAYO 890. FAYOMI FRANCIS KOLAWOLE 975. IGBAIYUE EDWARD KAAM 547. BABATUNDE FLORENCE AGBEKE 633. CHIJIOKE NGOZI 719. EFRETUEI EFFIONG EFRETUEI 805. ESL SECURITIES LIMITED 891. FIRST MOTORS LTD 976. IGBAMOSU OHIORENUAN CHARLES 548. BABATUNDE GBENGA SAMUEL 634. CHINYE-MARK ANTHONY 720. EGBAYELO OLUWASHINA DANIEL 806. ESONU CHIBUZO C. 892. FOLAJINMI AYOOLA CHRISTOPHER 977. IGBENE HECTOR & FAITH 549. BABATUNDE JULIUS 635. CHITOR KINGSLEY EJIKE 721. EGBE AMAECHI JOSEPH 807. ESSIEN BLESSING EDIDON 893. FOLARIN OYEDOTUN & MORAYO 978. IGBINOMWANHIA PAUL AKHASEDO 550. BABATUNDE JULIUS 636. CHIWETALU JOHN UCHECHUKWU 722. EGBUCHE ERIC ODIATU 808. ESSIEN NNENNE ESTHER 894. FOOTWALL INVESTMENT LIMITED 979. IGBINOVIA AUSTIN 551. BABATUNDE MAYOWA 637. CHRIS IYERE 723. EGBUNE BRIDGET NGOZI 809. ESUBOK EDITH EDU ASUQUO 895. FOWODE OLUWATOYIN BUNMI (MRS) 980. IGBO GEORGE CHIMEREUCHEYA 552. BABATUNDE SUNDAY KOLAWOLE 638. CHUDE CHIDINMA 724. EGEONU ITOHAN FLORA 810. ESUMOBI GODFREY 896. FRANK TONBARA DANIEL 981. IGBOBASI ECURATAZIBOBEBH MACDONALD 553. BADA OLAKUNLE FELIX 639. CHUKWU JOSEPHINE CHIMERE 725. EGERE CHIKODI CHIZOMAM 811. ETENG CATHERINE ETENG 897. GAIYA ATINE PYACHI 982. IGBOELI UCHENNA 554. BADAMOSI NAJIM NKANLOLA 640. CHUKWU OJIKE SAMUEL P 726. EGESIE CHIAJUGHIM PEACE 812. ETIM IME BONIFACE 898. GALADACI HABIBU ALIYU 983. IGBOJIONU IFEOMA R. 555. BADEJO ADEMOLA JULIUS -1 641. CHUKWUMA FABIAN MATIN 727. EGOH OGHOR CECIL 813. ETIM NNAMSO LAWRENCE 899. GANIYU RAMAN OLAWALE 984. IGBOKWE J I INNOCENT 556. BADMUS KOLAWOLE SURAJ 642. CIROMA THARA AYODELE 728. EGUNDEYI JACOB YANJU 814. ETON EKAETTE JOSEPH 900. GARBOBIYA KINGABA SORO 985. IGBRUDE ELOHO SIBYL 557. BAGE ISTIFANUS ASSISALIMA 643. CITY WAITERS COMPLEX 729. EHIGIAMUSOE SOLOMON 815. EVBUOMWAN ROBINSON 901. GASL-NOMINEE LTD-DABANA ACCT. 986. IGE AYODELE OLAGOKE 558. BAIYEKUSI TIMEYIN MOMOLAYEMI 644. COKER AYODELE SUNDAY 730. EHIGIE ADEJOKE 816. EVUE CHRISTIANA IGHOROWHONYA 902. GBADAMOSI ADEOLA TOLULOPE 987. IGHOMUAYE EGHOSA 559. BAKARE OLAYINKA TAIWO 645. COKER MAUREEN ADEOLA 731. EHIGUESE HENRY 817. EWERE VINCENT 903. GBADAMOSI ADEOLA TOLULOPE 988. IGOCHE DIANE ANOYI 560. BAKARE TAJUDEEN ADEMOLA 646. COKER MAUREEN ADEOLA 732. EHIWERE OMOGBAI MATTHEW 818. EWONODE NAPOLEON 904. GBADAMOSI OLALEKAN TOMMY 989. IGOCHE ELIZABETH OCHANYA 561. BALOGUN AKEEM ADEBISI 647. COLE ADEKUNLE 733. EJIDOH OTAH DESMOND 819. EWULOMI HELEN OMOLARA 905. GBADAMOSI ROSEMARY REMI 990. IGWE EMMANUEL IHEANYICHUKWU 562. BALOGUN FOLASHADE MOPELOLA 648. COLE BOLAJE LAWRENCE 734. EJIKEME JOYCE OBIAGELI 820. EXPRESS CHUKS COMM. ENTERPRISES LTD 906. GBADEBO ZAINAB ADEBIMPE 991. IGWE UZOECHI O 563. BALOGUN FOLASHADE MOPELOLA 649. COMFORT ATTAH 735. EJIM CHARITY 821. EYAH FRANCIS CHUKWUMA 907. GBOHINBOR DANIEL DIEPREYE 992. IHEANYICHUKWU EDITH ONYINYECHI 564. BALOGUN KABIR OLADELE 650. COMPASS INVESTMENT & SECURITIES LTD 736. EJINKEONYE ANTHONY CHIDI 822. EZE CHINEDU CHRISTIAN 908. GBORIEGBA JOHNSON MOSES 993. IHEGBORO JOY CHINENYENWA 565. BALOGUN KAMORUDEEN 651. COUTON ABEL 737. EJIOBI GEORGE KELECHI 823. EZE EBELECHUKWU LILIAN 909. GEORGE AYATASUA 994. IHUOMA UGOCHUKWU E 566. BALOGUN KAMORUDEEN 652. DADA MICHAEL OLAMIDE 738. EJIUKA PETER WAILERS 824. EZE SAMUEL ODINAKA 910. GEORGE IBUKUNOLUWA MOYOSIOLOREOLUWA 995. IJABIKEN OLUSEUN ISAAC 567. BALOGUN KAYODE OLUWAFEMI 653. DADA TEMIDAYO ABIODUN 739. EKANEM OLAKUNLE OLUWARANTI 825. EZE UZOAMAKA AKACHUKWU 911. GEORGE IBUKUNOLUWA MOYOSIOLOREOLUWA 996. IJAGEM AUGUSTINE ONIGAH 568. BALOGUN KAYODE OLUWAFEMI 654. DAINI BAMIDELE OLUDAYO 740. EKECHUKWU HENRIETTA UKACHI 826. EZEBUBE DANIEL ANTHONY 912. GEORGE JAMES BUNKUNMI 997. IJASAN OLAOLOPIN 569. BALOGUN OLUDARE JOSEPH 655. DAIRO ADEWALE LAWRENCE 741. EKELEDO CHIMA IRENE 827. EZECHUKWU NKIRUKA HENRIETTA 913. GEORGE OLUWADARASIMI OLUWADAMILARE 998. IJENWA HENRY CHUKWUDI 570. BALOGUN SAHEED AKINLEYE 656. DALLEY OMOLOLU A 742. EKEMERE CHINONSO 828. EZEDEI EMEKA NAMSON 914. GEORGE OLUWADARASIMI OLUWADAMILARE 999. IJEOMAH FRANKLIN 571. BAMGBOPA KEHINDE TAJUDEEN 657. DANGA ILIYA ITHUVE 743. EKENONMAGHELE LUCKY OSARIO 829. EZEH GLORIA UCHECHUKWU 915. GIWA MOJIRADE BOLANLE 1000. IJIWADE IDOWU ADEWALE 572. BAMGBOYE ADEKOYEJO LEKAN 658. DANIEL KELVIN 744. EKEOCHA EZEKIEL CHUKWU 830. EZEKPUNONU CHRIS CHUKWUMA 916. GIWA MUSTAPHA ADENIYI 1001. IKAZOBOH ROBERT OSHOKE 573. BAMGBOYE AYO 659. DANIEL KELVIN 745. EKEOCHA IJEOMA ADA 831. EZEMA NKOLIKA MARTHA 917. GOJE SAIDU YOHANNA 1002. IKE ESTHER OWUNDI 574. BAMIDELE OLUKEMI ADEOLA 660. DANIELS CHUKS DANIEL 746. EKHINU ABOUNU JOMBO 832. EZEMIWE ONYINYE 918. GOLDEN PATIENCE NIG LTD 1003. IKECHUKWU CHRISTOPHER 575. BAMIDELE SAMUEL ADEYINKA 661. DANIELS CHUKS DANIEL 747. EKONG PATRICK WILLIAM 833. EZENNABUIKE ONYEKA NDUBISI 919. GOVT COLLEGE IBADAN OLD BOYS 1004. IKEH CHUKWUEMEKA JOSEPH 576. BANJO AYODEJI OLUWASEUN 662. DANIELS GOODNESS 748. EKONG UDUAK SAMUEL 834. EZENNABUIKE ONYEKA NDUBISI ASSOCIATION 1005. IKEH NKECHI OBIOMAH 577. BANJO BAMIDELE OLUWASEUN 663. DANTURE BALA VINCENT 749. EKOT CLETUS PAUL 835. EZENNIA CELESTINE IKECHUKWU 920. GRAZCOM ENTERPRISES 1006. IKEMEFUNA VICTORIA BOSE 578. BANJOKO SAMUEL ADEBOLA 664. DAPKIL VENTURES LIMITED 750. EKOTT AGNES EFFIONG 836. EZENWA JONAS UMEH (DR.) 921. GREATER ORIMILI NIGERIA LTD 1007. IKEMERE CATHERINE O 579. BANKOLE IBUKUN OLATUNBOSUN 665. DAPKIL VENTURES LIMITED 751. EKPE IMOH EFFIONG 837. EZENWA RITA AMAKA 922. GREATER PROSPECT INVESTMENT CLUB 1008. IKHAIDUWOR OSI GODWIN 580. BANKOLE RHODA FOLASHADE 666. DARE OLISA 752. EKPE UTA EFFIOM 838. EZENWEGBU CHUKWUKA ETHELBERT 923. GREGORY-UBIGEN NOSA FYONNA 1009. IKPINOKO ODION KENNETH 581. BANUSO FATIMA ABIMBOLA 667. DARYANANI AVINASH 753. EKPO SHIRLEY URUEMU 839. EZEOCHA CHISOMAGA 924. GT BANK/LEAD CAP/LA-SHOREX VENTURES-TRDG 1010. IKWUAGWU ELEKWACHI 582. BANUSO FATIMA ABIMBOLA 668. DASO OLUMIDE TUNDE DR 754. EKPO VERONICA RAYMOND 840. EZEOGU KADULECHI ODERA 925. HALIRU NAFISATU GARBA 1011. IKWUEKE CHIELOKA JUDE 583. BANYE EKENE UDOKA 669. DAVID BABA 755. EKUNDAYO BAMIDELE 841. EZEOKOLI CHRISTOPHER CHUKWUDI 926. HAMZAT GBOLA SULAIMAN 1012. ILESANMI JOSHUA OLUWAYOMI 584. BASIRU OLAGUNJU BASIRU 670. DAVID BUKOLA ABIGAIL 756. EKWEOZOR BENEDICT 842. EZEOKOLI CHUKWUDALU 927. HAMZAT MUHAMMED MOSHOOD 1013. ILO LARRY CHIMA 585. BASSEY JOY 671. DAVID CHIOMA 757. EKWERE ENO GRACE 843. EZEORACHI CHARLES CHUKWUEMEKA 928. HANIDU MARIAM AYOTUNDE 1014. ILODUBA NNEKA NGOZI 586. BAYE ANNE-MARIE OPEKETE 672. DAVID GBENGA OLADIRAN 758. EKWERE ENO GRACE 844. EZIGBO ADA FAVOUR 929. HANNAH ADEBAYO 1015. ILORAH JOSEPH OKECHUKWU 587. BAYSAH JOHN OSWARD 673. DAVID IDOWU AZARATU 759. EKWURIBE JOY CHINONYE 845. FABUNMI IBILOLA 930. HANOTU JAMES ONUKWUNMA 1016. ILUFOYE AFEES OLALEKAN 588. BECKLEY OLUWATOSIN FIONA 674. DAVID OLANIKE FUNMILAYO 760. ELAWURE OLUWASHOLA OMOTAYO O. 846. FADAHUNSI TEMITAYO AYODELE PETER 931. HART SODIENYE NATHANIEL 1017. ILUKWE IFEYINWA 589. BELLO AFOLABI OLUWASEUN 675. DBL SECURITIES LIMITED 761. ELEBIJU OLANREWAJU SEYI 847. FADAIRO FUNMILOLA EUNICE 932. HARUNA EMMANUEL 1018. IMAIRO NGOZI BLESSING 590. BELLO AIHSATU MUSA 676. DEHINBO ABIODUN OLUWASEUN 762. ELECTROVILLE NIGERIA LIMITED 848. FADAIRO GANIAT OLUSHOLA 933. HARUNA SAMUEL A 1019. IMAM NURA AVM(RTD) 591. BELLO OLAWALE NAJEEM 677. DEHINBO ABIODUN OLUWASEUN 763. EL-SHADDAI CTCS 849. FADAIRO TAIWO OLUSANYA 934. HASSAN ABDULHAKEEM 1020. IMHANMOUKOR GODWIN OSEWANYEME 592. BELLO SAIDU NDAJIYA 678. DEHINBO OLATUNJI OLUKAYODE 764. ELUEMUNOH NNAEMEKA ANTHONY 850. FADARE SURAJU ADEBAYO 935. HASSAN AKANDE BASHIR 1021. IMMACULATE NETWORK FUTURE HOPE INV. 593. BELLO SULEIMAN ADETUNJI 679. DEKI IKECHUKWU FRANK 765. ELUFISAN OMOTAYO OLUSEGUN 851. FAFIOLU ESTHER OLUWAKEMI 936. HASSAN KAFILAT 1022. IMONA-RUSSEL JOHN OLORUNTOLA 594. BENNETT ISTIFANUS JOHN 680. DENNIS KEMI BOLATITO 766. ELUSANMI STEPHEN OLUMIDE 852. FAGBEMI FUNMILAYO GRACE 937. HASSAN RILWAN 1023. IMONMON MAURICE 595. BENO GLORIA 681. DERICK EBERE EHIOBU 767. EME EZEKIEL CHUKWUDI 853. FAGBEMI FUNMILAYO GRACE 938. HASSAN RUKAYAT 1024. INAM ARCHIBONG 596. BEREDUGO OTOBARA LAYE E. 682. DIKWAL BAMNAN MACLEAN 768. EMECHEBE MARTINA IFEKANWA 854. FAGBENRO SAKIRU OLUSEYI 939. HEARTBEAT INVESTMENT-DEPOSIT A/C 1025. INAMETI SYLVIA (MRS) 597. BESIRU MARK ISMAILA 683. DIMUGONABO CHIDI 769. EMEJOR TOCHUKWU CHISCAL 855. FAGBENRO SAKIRU OLUSEYI 940. HITLER LAWAL 1026. INAUGHE MOSES OMOAREKHOWA 598. BFCL INVESTMENT A/C 684. DIO AUDU 770. EMEKPEKE PATIENCE KEVWE 856. FAHM ORIYOMI RASHIDAT 941. HUSSEIN TUNDE 1027. INI INYANG IJEOMA 599. BIACHI ALFRED CHUKWUMAH 685. DIYAN OLUWATOSIN OLALEKAN 771. EMERENYI AZUBIKE PAUL 857. FAITH BAPTIST CHURCH O/ AYOBO LAGOS 942. IBADAN CLUB 2005 1028. INNOCENT CHUKWUEMEKA 600. BIASI TOSIN BIODUN 686. DIYAN OLUWATOSIN OLALEKAN 772. EMERENYI AZUBIKE PAUL 858. FAKOYA OPEYEMI DEBORAH 943. IBATT OKON EYO 1029. INTERCONTINENTAL SECURITIES LIMITED 601. BILLAND INTEGRATED IND LTD 687. DOLAMU MORUF AREMU 773. EMEYE STELLA ISIOMA 859. FALODUN OLUBUKOLA GBENGA 944. IBE EMMANUEL EMEKA 1030. INTERNATIONAL OILGATE LTD 602. BILLIE SOBOMA SOLOMON IWO 688. DON WILLIAMS 774. EMIANTOR PATRICIA 860. FALUJO OLUWAKEMI TITILAYO 945. IBE INNOCENT C. 1031. INUWA ZUBEIRU

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LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

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LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

1032. INYANG DANIEL UWEM 1118. KAYODE OLASUNKANMI DAVID 1204. MADU JUDE IKECHUKWU 1290. NKWOCHA NDUBUEZE THEOPHILUS 1376. OBI FRANCIS OKEY 1462. OGBONNA CHIZARAM NWANYIEZE 1033. IPINNIMO OLUWAFEMI 1119. KAZZAH ELIAS YEYU 1205. MADUBA CANICE CHIZOBA 1291. NKWOCHA ODUNZE EMMANUEL 1377. OBIAGELI IWUAGWU 1463. OGBONNA OBIOMA TIMOTHY 1034. IREIGBE MAYOKUN FISAYO 1120. KEGUNA OKUS CHRIS 1206. MADUBUGO MILLICENT NDIDI 1292. NMORKA ONYEMA MABEL O. 1378. OBIALOR CHIMA 1464. OGBONNA SAMUEL EZELU 1035. IREOZA CHIKEZIE DAVID 1121. KEKEMEKE CELESTINA TAMARAUEMI 1207. MADUBUIKE UGOCHUKWU 1293. NNABUENYI CHIKA OLIVIA 1379. OBIBI YOLANDER ODIRI 1465. OGBONNAYA NNANNA ANICHO 1036. IRIMI BECKY SHAIKI 1122. KERKYAA WILLIAMS TERLUMUN 1208. MADUEWESI TOCHUKWU VICTOR 1294. NNAJI GODFREY CHINEDU 1380. OBIDIEGWU JOEL UCHE 1466. OGBU UCHENNA CHUKWU 1037. IROHA CHIMERE UKOHA 1123. KIKPOYE EMMANUEL IGOY 1209. MADUKO FIDELIS OGBOGU 1295. NNAMDI IDIKA UMA 1381. OBIKEE BENJAMINE BEKA 1467. OGBUEBILI VICTOR UCHE 1038. IROJAH FEMI 1124. KING ADEOLA OLUSEYI 1210. MAIGANGA ASABAR 1296. NNAMDI PAULINUS 1382. OBILO JUSTIN CHIGOZIE (DR) 1468. OGBUEFI HENRY - KING 1039. IRUBOR JOHNSON 1125. KING BAMIDELE ADESHINA 1211. MAINASARA SANI SHINKAFI 1297. NNAMEZIE HENRY ERIC UCHE 1383. OBIORA SMART CHIKE 1469. OGBUEHI NNADOZIE NKEMAKOLAM 1040. IRUKERA MABEL FOLUKE 1126. KING RICHARD 1212. MAJASAN JOSEPH K 1298. NNANI ANTHONIA 1384. OBIORAH EZIECHINA TITUS 1470. OGBUEHI STANLEY 1041. IRUOBE JETHRO 1127. KIWAMU WINNER UCHECHUKWU 1213. MAKANA GLOBAL VENTURES LTD 1299. NOELER AJUMENU EKREBE 1385. OBIORAH HYGINUS ONYEKA 1471. OGENYI EJIKE 1042. IRUOLAGBE CHRISTOPHER OJEMEIGHA 1128. KIWEN YAKUBU SOLOMON 1214. MAKANJUOLA ADEWALE T.T. 1300. NORWICH TELECOMS SOLUTIONS 1386. OBIREH TAFIDA USIOKARO 1472. OGHENE PROMISE OVAKPOR 1043. ISAAC GREAT CHUKWUEMEKA 1129. KK PARAGON NIG LTD 1215. MAKELEMI EJIRO 1301. NTA CHARLES PONTIUS 1387. OBISANYA ADEBAYO VICTOR 1473. OGOR JULIUS CHINEDU 1044. ISAAC SUNDAY DAMILARE 1130. KOLADE FATIMAT FOLASHADE A 1216. MAKUN TEMITOPE LOUISA 1302. NUHU JERRY JOSEPH 1388. OBISANYA ADEBAYO VICTOR 1474. OGU PETER 1045. ISAAC SUNDAY DAMILARE 1131. KOLAJO TEMITOPE 1217. MANY TRADE VENTURES 1303. NUHU MAMMAN 1389. OBISESAN RASHEEB AMAO 1475. OGUN MAWUYON 1046. ISAWUMI MODUPEOLA OLUDOLAPO 1132. KOLAWOLE ABAYOMI OLUSOLA 1218. MARIOGHAE EWULUGHENE IRERE 1304. NWABUFOH PAUL OKECHUKWU 1390. OBISESAN RASHEEB AMAO 1476. OGUNBOTE ABU OKANLAWON 1047. ISHOLA GBENGA PAUL 1133. KOLAWOLE CHRISTIANA ADUNNI 1219. MATHEWS OLAYINKA STEPHEN 1305. NWABUISI DORINA CHIAGOZIE 1391. OBODOEZE CHIZOBA 1477. OGUNBOWALE ADEBOWALE AKEEM 1048. ISHOLA ISMAILA IDOWU 1134. KOLAWOLE JOSEPH O 1220. MAXWELL OKECHUKWU EKENWA 1306. NWACHUKWU CHARLES UCHE 1392. OBOP VINCENT NYONG 1478. OGUNDARE AYODEJI 1049. ISHOLA OLAWALE KADIRI 1135. KOMOLAFE EBENEZER OLUBUKOLA 1221. MBABA JESSEY OKON 1307. NWACHUKWU JOSEPH UKACHUKWU 1393. OBOT CHRIS AKPAN 1479. OGUNDARE SAHEED AYINLA 1050. ISIAKA KUDIRAT 1136. KOMOLAFE ELKANAH OLUWAFEMI 1222. MBAEBIE COSMOS EMEKA 1308. NWACHUKWU KEVIN CHIBUENYIM 1394. OCHIE JOHN OKECHUKWU 1480. OGUNDE ADEWALE ADENIYI 1051. ISIAKPERE ANN IGHOHWO 1137. KOMOLAFE OLAOLUWA TAIWO 1223. MBAMALU LOUISA DUMEBI 1309. NWADIKE ISABELLA CHINONSO 1395. OCHIGBANO ALECHENU 1481. OGUNDE ADEWALE ADENIYI 1052. ISRAEL NKEMDIRIM JONATHAN 1138. KOMOLAFE OLUWOLE DAVID 1224. MBAOGU NNEOMA PHYL 1310. NWADIOGBU CHIDERA CALLISTUS 1396. OCHUKO EJIRO ABIGEL 1482. OGUNDELE AYODELE SEGUN 1053. ISU EBEKE 1139. KONI ABARISOKA FESTUS 1225. MBOHO ITIAT JACK 1311. NWAFOR KINGSLEY ONYINYE 1397. ODAFEN AKHERE AUGUSTINE 1483. OGUNDEYI OLUWAFEMI OLUSEUN 1054. ITA ANTIGHA AKABOM 1140. KORIE FRANCIS CHUKWUMA 1226. MBONU IKECHUKWU 1312. NWAGBARA GODSWILL EVANS 1398. ODEBISI OAMEN RAY 1484. OGUNDIJO MUYIWA ABIODUN 1055. ITEWO JOY OGHOGHO 1141. KUDEHINBU ADEBANKE AYOKANMI 1227. MEZEH COLLINS PREYE 1313. NWAIGWE DOZIE .A. 1399. ODEBODE OLAYINKA 1485. OGUNDIMU BABATUNDE SAMUEL 1056. ITOK ESETANG FRANCIS 1142. KUKUTE EMOLAAJEBO ADEWALE 1228. MIJINDADI FWANI MESHACH 1314. NWAJAGU BLESSING NGOZI 1400. ODEBUNMI OLUSEGUN DOKUN 1486. OGUNDIMU BABATUNDE SAMUEL 1057. IWALOYE MARY MAYOWA 1143. KUMOLU JOHNSON TEMITOPE ANTHONIA 1229. MINDAS TECHNOLOGY 1315. NWAJAGU BLESSING NGOZI 1401. ODEDEJI JACOB 1487. OGUNDIMU SAMUEL OLATUNJI 1058. IWAYEMI BUKAYO 1144. KUNDILA FINANCE SER.LTD.TRADED-STOCK-A/C 1230. MINDAS TECHNOLOGY 1316. NWAJAGU CHINENYE GODWIN 1402. ODEDOKUN ADEBAYO OLUSEGUN 1488. OGUNDIMU SAMUEL OLATUNJI 1059. IWUAGWU CHINEDU STANLEY 1145. KURMI EMMANUEL PHILIP 1231. MIRACLE NNENNAYA JOB 1317. NWAJAGU CHINENYE GODWIN 1403. ODEDOKUN ADEBIMPE O. 1489. OGUNDINMU ESTHER 1060. IWUCHUKWU SAMUEL C. 1146. KUROFUO EBISINDO OGOSI 1232. MIRIUKWU THERESA 1318. NWAJOKU UGOCHUKWU ONYEBUCHI 1404. ODEDOKUN ADEBISI TITILAYO 1490. OGUNDINMU ESTHER 1061. IYALLA NATHANIEL DAMINABO 1147. KUTEYI MAYOWA HENRY 1233. MMOGBO ALAXANDER KEKECHUKWU 1319. NWALI IKECHUKW CHRISTIAN 1405. ODEDOKUN OLUBUNMI ADEBOSE 1491. OGUNDIPE ABAYOMI MOYOSORE 1062. IYASE OSAZE 1148. KWAZEMA KELECHI 1234. MODILE OLAMILEKAN ISMAI 1320. NWALUKA NICHOLAS 1406. ODEDOKUN SOLOMON ADEKUNLE 1492. OGUNDIPE BABATUNDE 1063. IYAWE CHRISTOPHER OSAGIE 1149. KWOFIE LAWRENCE EKOW 1235. MOFIKOYA ABISOLA TOSIN 1321. NWALUPUE RITA CHINYE 1407. ODEDOKUN YETUNDE OLUFUNKE 1493. OGUNDIPE EMMANUEL OYELADE 1064. IYIZOBA KENECHUKWU 1150. KWOKWO MORGAN 1236. MOGHIOR ENDURANCE 1322. NWALUPUE RITA CHINYE 1408. ODEKU ADESOLA OLUFUNSO 1494. OGUNDIPE JAMES 1065. IYOHA EMMANUEL OSEMUDIAMEN 1151. LABILWA DANIEL 1237. MOHAMMED ABDULRAZAK 1323. NWAMU UEEKS CHUKWUNE OUM 1409. ODEKUNLE OLALEKAN MURITALA 1495. OGUNDUBOYE IYABO 1066. IYOHA JUDE ODION 1152. LADIPO YUSUF AKINSUMBO 1238. MOHAMMED IBRAHIM ALHAJI 1324. NWANDU EZUGO 1410. ODELEYE YETUNDE OMOLARA 1496. OGUNFADEWO FATAI ADEBAYO 1067. IYORYISA SARAH YUA 1153. LAMIDI D. ADEWALE 1239. MOHAMMED IDRIS 1325. NWANDUGO MATTHEW IRUKA 1411. ODENIGBO CHINEDUM ADOLPHUS 1497. OGUNFOWOKE OLAYINKA ABENI 1068. IZUAGIE LEXINGTON 1154. LAMIDI SAKA OLAITAN 1240. MOHAMMED JIMOH ASAJU 1326. NWANGWU ROSELINE 1412. ODEOGBOLA ADEGOKE ISREAL & O. ABOSEDE 1498. OGUNGBAMIWA TAIWO TAYO 1069. IZUELU NZUBE CONANYAH 1155. LANDER BULANTA NJENGO 1241. MOHAMMED RABI 1327. NWANI MOSES NNABUCHI 1413. ODEOGBOLA AYOBAMI ABDUL-RAHMAN 1499. OGUNGBE GRACE OMOLOLA 1070. IZUNNASO IFEOMA GENEVIEVE 1156. LASISI AYOBAMI WASIU 1242. MOHAMMED SHEHU GARBA 1328. NWANKPA CYNTHIA CHIKODI 1414. ODESOLA OLUKAYODE M.A 1500. OGUNJIMI KEHINDE ADEBOLA 1071. JACOB JOSHUA ESHOROMEH 1157. LASISI AYOBAMI WASIU 1243. MOHHAMAD RABIU ISMAIL 1329. NWANKWO BENSON ONYEBUCHI 1415. ODETOLA ANNE 1501. OGUNJINMI ABIMBOLA ABIODUN 1072. JAIYEOLA PETER OYE 1158. LASISI BILIKISU YETUNDE 1244. MOLTEN TRUST LTD-TRADED-STOCK-A/C 1330. NWANKWO CHRISTOPHER ANAYO 1416. ODEWALE ADESHINA ADEYEMI 1502. OGUNJOBI ESTHER RIGHTOUSNESS 1073. JAMES CHIDI ALEX 1159. LAT-BEST VENTURES LIMITED 1245. MOMOH INNOCENT 1331. NWANKWO IJEOMA CALISTA 1417. ODEYEMI HANA FOLASHADE 1503. OGUNKOYA OLUYOMI TEMITAYO 1074. JAMES EBUNOLUWA 1160. LATEEF KABIRU OLALEKAN 1246. MONDAY EZRA MAIBORNO 1332. NWANKWO IJEOMA CALISTA 1418. ODEYEMI HANA FOLASHADE 1504. OGUNLADE SAMUEL SEUN 1075. JAMES LIDUAKOBONG SAMUEL 1161. LATINWO NIYI 1247. MORAWO BABARINDE JOSHUA 1333. NWANZE VERONICA CHINONSO 1419. ODEYEMI MOSES KAYODE IMISIOLUWA 1505. OGUNLADE SAMUEL SEUN 1076. JAMES OLUFUNMILAYO BOSEDE 1162. LAWAL ADEBANKO OMONIYI 1248. MOROUNDIYA OLUWAGBENGA SOLOMON 1334. NWAOGBO CHINATU DOROTHY 1420. ODEYEMI MOSES KAYODE IMISIOLUWA 1506. OGUNLEYE ABIMBOLA OMOLARA 1077. JAMES TOMA 1163. LAWAL AKAPO ALABA 1249. MOSES I PAUL 1335. NWAOGBO CHINATU DOROTHY 1421. ODIACHI EZE ROBERT 1507. OGUNLEYE CHRISTIANAH OLAYINKA 1078. JAMIU MOHAMMED ISIAQ OLANREWAJU 1164. LAWAL G. ADEBOWALE 1250. M-SDS/ TAIWO IFE OLA 1336. NWAOGU FELIX UBANI 1422. ODIDI OMONEFE GLADYS 1508. OGUNLEYE LANRE AKINFENWA 1079. JATTO BETTY OBIAGELI 1165. LAWAL HAKEEM OLA 1251. M-SDS/ TAIWO IFE OLA 1337. NWAOKEDIUKO OLUCHI CATHERINE 1423. ODIGBO VINCENT 1509. OGUNMEKAN FOLAKEMI OLAPEJU 1080. JEGEDE OLUWASEGUN ADEDEJI 1166. LAWAL HAKEEM OLA 1252. MUHAMMAD YAHAYA 1338. NWAOKEDIUKO UGOCHUKWU FRIDAY 1424. ODILI MONDAY JONES 1510. OGUNMOLA SAHEED OLADIMEJI 1081. JEGEDE SUNDAY EBENEZER 1167. LAWAL OJO EBENEZER 1253. MUHAMMED JAMIU ABDULHAFIS 1339. NWAOSU THANKGODS NYEMACHI 1425. ODIMEGWU ANTHONY IFEANYI 1511. OGUNMUKO AKINTUNDE OLUREMI 1082. JEKAMI OMORINSOLA SUNDAY AINA 1168. LAWAL OLUSEGUN WAHEED 1254. MUMET MULTI VENTURES LTD 1340. NWAZUOKE BATHOLOMEN CHINEDU 1426. ODO COMFORT CHIGOZIE 1512. OGUNNAIKE ADEBAYO OLANBIWONINU 1083. JEREMIAN HANSON UKEME 1169. LAWAL OLUSEGUN WAHEED 1255. MUNONYE FRANK NGOZI 1341. NWENYIM OKECHUKWU ROMANUS 1427. ODO COMFORT CHIGOZIE 1513. OGUNNUBI ROBERTS 1084. JIMOH ABIOYE OLADIPUPO 1170. LAWAL OLUWAFUNMILOLA EBUNOLUWA 1256. MUONAGORO EBERECHUKWU 1342. NWEZZA ONELE 1428. ODOGWU CHUKWUEMEKA 1514. OGUNROTIMI KEHINDE JOSEPH 1085. JIMOH RASAQ OLAREWAJU 1171. LAWAL RASAQ OLADELE 1257. MUONAGORO EBERECHUKWU 1343. NWICHI SARAH 1429. ODU VERA NYIRE 1515. OGUNS AMIOLEMHEN INNOCENT 1086. JINADU ADETIFA ADEOBA DESCENANTS FUNDS 1172. LAWAL RASAQ SEGUN 1258. MUSA AYOBAMI AMINA 1344. NWOBIOHA BLESSED REVD & MRS 1430. ODUFOWOKAN ADEJOKE 1516. OGUNSENI AKEEM ADEBAYO 1087. JINADU ADETIFA ADEOBA DESCENANTS FUNDS 1173. LAWAL RUKAYAT AYODEJI 1259. MUSA FATIMA 1345. NWOGU INNOCENT C 1431. ODUFUWA JIMI TAIWO 1517. OGUNSESAN LUKMAN ADESINA 1088. JODA MUSA ABUBAKAR 1174. LAWAL SOLOMON A 1260. MUSA JOSEPH ZIRA 1346. NWOHA CHIBUZOR RITA 1432. ODUKOYA KAZEEM OLALEKAN 1518. OGUNTA R. IKECHUKWU 1089. JOEL JUSTINA JACQUELINE 1175. LAWAL TAIWO 1261. MUSA RAMATU AHMED 1347. NWOJI KENNETH OKWUDILI 1433. ODUMOSU OLUWATOYIN ESTHER 1519. OGUNTADE OLALEKAN 1090. JOFRANK VENTURES 1176. LAWAL TAIWO 1262. MUSA-OJOMO LASISI OLADIPO 1348. NWOKEDI EMMANUEL EJIOFOR 1434. ODUNEWU MARGARET MORONKE 1520. OGUNTADE OLALEKAN 1091. JOHN NGOZI EMENIKE 1177. LAWAL TAOFEEQ OLALEKAN 1263. MUSTAPHA SAHEED ALABA 1349. NWOKEDIKE JENNIFER OGECHUKWU 1435. ODUNEWU MARGARET MORONKE 1521. OGUNTADE OLANIYI 1092. JOHN PATRICK ENEMIRIAYO 1178. LAWAL TOYIN REMILEKUN 1264. MUSTAPHA SAHEED ALABA 1350. NWOKOCHA MICHEAL 1436. ODUNLAMI OLUFEMI SAMSON 1522. OGUNTADE OLANIYI 1093. JOHN-OKOH OLUSEYI AGNES 1179. LAWAL WAHAB OLATUNJI 1265. MUSTAPHA SAMBO HASSAN 1351. NWOKPO CHRISTIAN USULOR 1437. ODUNOJO ADEOLA 1523. OGUNTADE OMOLOLA OLUWAYEMISI 1094. JOHNSON IHEANYICUKWU EDITH ONYINYECHI 1180. LAWANI OLUDAMILOLA IBISOMI 1266. MUYIDATU ADEOWO ATANTA 1352. NWONU ANULIKA 1438. ODUNSI GLORIA NWACHI 1524. OGUNTADE OMOLOLA OLUWAYEMISI 1095. JOLAYEMI KUNLE 1181. LAWI AHMED AISHA 1267. NAGOGO GARBA USMAN 1353. NWOSU CHIGOZIE ODINAKA 1439. ODUNTAN ALIMOT AYINKE (MRS) 1525. OGUNTAYO ADESOMI ADENIRETI 1096. JONAH SILAS 1182. LAWRENCE OMIATA BENJAMIN 1268. NASIR ADEKUNTE IDOWU 1354. NWOYE IKEMEFUNA STEPHEN 1440. ODUSE TUMI 1526. OGUNTOLA MOSES 1097. JOSEPH BABAJIDE 1183. LAWSON OMOTUNDE OLAYINKA 1269. NDAGI TAIDI GANA 1355. NWUME ROSE CHIZOBA 1441. ODUSINA FEYISAYO O. 1527. OGUNTUNDE OLUFEMI EYITAYO 1098. JOSEPH GBENGA OLUWATOBILOBA 1184. LAYODE MARY OMOLARA 1270. NDAK-JANA DAVID S. 1356. NYONG INI OKON 1442. ODUSOTE OLALERE 1528. OGUNWALE SOLIU 1099. JOSEPH GBENGA OLUWATOBILOBA 1185. LEKE JOHN 1271. NDAM DIMS PONFA 1357. NZE CHARLES ATHANASIUS 1443. ODUWOBI OLUDOTUN TOLULOPE 1529. OGUNYAMOJU JOHN 1100. JOSEPH OLAOLUWA TIMOTHY 1186. LERE YUSUF 1272. NDAM DIMS PONFA 1358. NZEH CHINEDU 1444. ODUWOBI OLUYINKA SIMISOLA SEYE 1530. OGUNYEMI ADELEKE ANDREW 1101. JOSEPH SAMAILA JOSEPH 1187. LERE YUSUF 1273. NDUBISI EZINNEAMAKA AGBOMMA 1359. NZEKWE SYLVESTER ATOKWU 1445. ODUWOLE OLALEKAN DUROJAIYE 1531. OGUNYEMI ADELEKE ANDREW 1102. JOY OTELE 1188. LEWIS CORNELIA TULE 1274. NDUBISI TEMA 1360. OBA SAMUEL OLUMUYIWA 1446. ODUWOLE OLUMIDE KEHINDE 1532. OGUNYEMI ADELEKE TOSIN 1103. JULIUS ONOHWORUA 1189. LEWIS TEMITAYO MATTHEW 1275. NDUBUAKU CHRISTOPHER AZUBUIKE 1361. OBADIARU GREGORY OSABUOHIEN 1447. ODUWOLE OLUMIDE KEHINDE 1533. OGUNYEMI ADELEKE TOSIN 1104. JUMIKE INVESTMENT LIMITED 1190. LEWIS TEMITAYO MATTHEW 1276. NEBOH NNENNA AMALACHUKWU 1362. OBAGBADE ABIODUN OLUGBENGA 1448. ODUYEYE AYODELE ABIKE 1534. OGUNYIPE OLUBUKOLA ADELAYO 1105. KADIRI OLUWATOBI OYENIYI 1191. LIASU HAKEEM OLANREWAJU 1277. NEW AYO VENTURES INTERNATIONAL 1363. OBAKOYA OLAPEJU .O. 1449. OFODILE CHINENYE UCHE 1535. OGWO IHEANYI EMMANUEL 1106. KAJOGBOLA MODUPE ABIOLA 1192. LIVINGWEALTH VENTURES 1278. NEW ENSIGN NIG LIMITED 1364. OBAKOYA SAMUEL BABATUNDE 1450. OFOMA EJIKE 1536. OHAEGBULAM IKENNA 1107. KALU CHIKA PETER 1193. LMS/SDS NWOSU CHIGOZIE ODIAKA 1279. NEWLIFE INVESTMENT CLUB KABBA 1365. OBASOHAN EDIKU MARTINS 1451. OFORI EMMANUEL NANA 1537. OHAEZUKOSI CHRIS NNAMDI 1108. KANU CHUKWUEMEKA A & ODUK 1194. LONGE SMART OLADELE 1280. NGBAKOR MIKE 1366. OBATOKI SOLA 1452. OFOVBE VICTOR DR 1538. OHAGWU JUDE CHINEDU 1109. KAREEM OLABISI ABISOYE 1195. LUKANMBI ADEBOWALE 1281. NGBGA WA GODWIN CHUKWUWUIKE 1367. OBAYORI BAMIDELE SAMUEL 1453. OFURUM OWEN IFEOMA 1539. OHAJI CHIEMEZIE CALLISTUS 1110. KASALI BALOGUN OLABOSIPO OLADEJI 1196. MAA'JI AMINU 1282. NGIGE STANLEY IFEANYICHUKWU 1368. OBAZEE DANIEL OSAS 1454. OGAZI JUDE 1540. OHAKIM EMMNAUEL CHIBUEZE 1111. KASALI BALOGUN OLABOSIPO OLADEJI 1197. MAANAH CAPITAL MARKETS LTD. 1283. NGOZI NMA ODU 1369. OBAZEE ESTHER EVBU 1455. OGBADU OYINANE JOE 1541. OHEKWOWULE PAULINE OJOMA 1112. KASHAMU BURUJI 1198. MAC-ISUMAN JAFAR 1284. NGWDUEBO MONDAY OKWUDILI 1370. OBAZEE IMMANUEL GREAT 1456. OGBALU MICHAEL OBIEFUNA 1542. OHIKERE RACHAEL O 1113. KASHIM IMA ARIT 1199. MACLAIZE TRUST & SEC.-DEP A/C 1285. NGWU OBIORA STEPHEN 1371. OBAZEE UYI PRAISE 1457. OGBECHIE ROSE KAMBILI 1543. OISAMOJE FELIX IDEHO 1114. KASKA TITILAYO 1200. MADAWAKI AHMAD ABUBAKAR 1286. NJIKONYE IFEANYI GODDEN 1372. OBE OLUSOLA ADENIYI 1458. OGBEIDE GREGORY OZIEGBE 1544. OJEABURU EDEIFO ERIC 1115. KATOLA SEYI 1201. MADIKE ASHIKWEI EMMANUEL 1287. NJOKU ANTHONY 1373. OBEMBE EBENEZER ODUNAYO A. 1459. OGBOLU EMOMOBOEYI 1545. OJEDELE ADEMOLA 1116. KATSINA EMARATE COUNCIL 1202. MADU ANTHONY IHEANACHO 1288. NJOKU NKECHI EDITH 1374. OBEMBE JOHN AKANBI 1460. OGBONNA ANDREW 1546. OJEDOKUN GBADEGESIN OLUSOLA 1117. KAYIT NUFI NAHASH 1203. MADU CHIDI-CHARLES 1289. NJOMGANG NAFACK 1375. OBI CALISTA AMARACHI 1461. OGBONNA CHARITY CHIOMA(MRS) 1547. OJEIH ANTHONY IFEANYI

OASIS INSURANCE OASIS INSURANCE Annual Annual Report & 2010 2010 Report & Accounts Accounts . . . a w e l c o m e r e l i e f 56 57 . . . a w e l c o m e r e l i e f

LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

OASIS INSURANCE OASIS INSURANCE Annual Annual Report & 2010 2010 Report & Accounts Accounts . . . a w e l c o m e r e l i e f 58 59 . . . a w e l c o m e r e l i e f

LIST OF UNCLAIMED DIVIDENDS LIST OF UNCLAIMED DIVIDENDS

1548. OJEMOLA ABIOLA OLUTOSIN 1634. OKOYE FRANCIS CHINEDU 1720. OLAYIWOLA TOYOSI 1806. ONAJI DAVID ONARI 1892. OROLA OMOTAYO OLUSEGUN 1978. PATIENCE NWOBODO 1549. OJIKUTU ABDULRASHEED TEMIDAYO 1635. OKOYE NGOZI ANNE 1721. OLEH UDUMA KALU 1807. ONAKOYA OLAIDE ESTHER 1893. OROWHOU GLORIA 1979. PATUNOLA-AJAYI BOLARINWA JOSHUA 1550. OJIMADU NDUBUISI 1636. OKOYE OBIANUJU OBIAGELI 1722. OLICHINEDU MICHAEL 1808. ONAKOYA OMOTAYO OLUSEGUN 1894. ORSHI JOHN 1980. PATUNOLA-AJAYI EMILY FOLUKE 1551. OJO ABIODUN LUIS 1637. OKPANACHI ABDULKADIR ATAGUBA 1723. OLISA CHIGOZIE SAMUEL 1809. ONASILE TAIWO OLADIPUPO 1895. OSAKUNU OGHENERO MOSES 1981. PATUNOLA-AJAYI GBOLADE OLUWATOBI 1552. OJO EHIMEN EDWARD 1638. OKPARA LILIAN NNEKA 1724. OLISEMENUM PETER 1810. ONAYEMI OLUFUNMILAYO OLUWADAMILARE 1896. OSAMOR CHUKWUEMELI HENRY 1982. PATUNOLA-AJAYI OLUGBENGA OLAYINKA 1553. OJO OLALEKAN SAMUEL 1639. OKPARA NGOZI BLESSING 1725. OLOFIN ADEBOLA ADEOLA 1811. ONDOMA ISAAC JOHN 1897. OSCAR SEIN IBANIYE 1983. PATUNOLA-AJAYI OLUGBENGA OLAYINKA 1554. OJO PHILIPS OLUYEMI 1640. OKPARA SABINUS 1726. OLOMODOSI ADEMILUWA OLUYOMI 1812. ONI ADEKUNLE OLABODE 1898. OSHIKOYA OLAWALE A. 1984. PATUNOLA-AJAYI OLUWASEUN AYODEJI 1555. OJO RASHEED OLAWANLE 1641. OKPO ETIM SAM KAISO 1727. OLORUNDA FOLUSHO EMMNAUEL 1813. ONI BINTU MOJIRADE 1899. OSHILALU NUREM OLUGBENGA 1985. PATUNOLA-AJAYI OLUWASEUN AYODEJI 1556. OJO RONKE ESTHER 1642. OKPOKU ALOYSIOUS C 1728. OLORUNDA SIM & V.T. 1814. ONI OLUWASEUN A 1900. OSHILALU NUREM OLUGBENGA 1986. PAUL TEMITOPE OLUFUNMILAYO 1557. OJO ROSELINE ADENIKE 1643. OKPORUA ANTHONY OKPORUA 1729. OLORUNFEMI OLUWASEUN BAYO 1815. ONIFADE ABDULFATAI AKANJI 1901. OSHIN OLUFOLAKE OLUFOLASADE 1987. PEACE ORJI 1558. OJOFEITIMI EUNICE OLADUNNI 1644. OKPOTO FRANCIS E. 1730. OLORUNFEMI TAIYE MOSES 1816. ONIFADE ABDULFATAI AKANJI 1902. OSHINAIKE AHMED ADEREMI 1988. PEARL ONYX LIMITED 1559. OJOFEITIMI EUNICE OLADUNNI 1645. OKUBADEJO ABDULSSALAM BABATUNDE 1731. OLOWO TITILAYO M 1817. ONIFADE OPEYEMI 1903. OSHINAIKE AHMED ADEREMI 1989. PELETIRI JOHN DEBEYIMI 1560. OJOMO CYNTHIA JENROLA 1646. OKUBADEJO KHADIJAH OLUWABUNMI 1732. OLOWOOKERE FUNMILAYO 1818. ONISHEAJE ABIDEMI OLAYINKA 1904. OSHINGBADE FUNSHO AJOKE 1990. PETER ALOYSIUS CHRISTOPHER 1561. OJOMO SANDRA ADERINOLA 1647. OKUBULE ADESEGUN ADEWALE 1733. OLOWOOKERE TOBA GABRIEL 1819. ONITOLO ELIZABETH 1905. OSHINGBADE FUNSHO AJOKE 1991. PETER ALOYSIUS CHRISTOPHER 1562. OJOMU TOYIN RONKE 1648. OKUNADE ABAYOMI JOHN 1734. OLOYE WASIU ADEKUNLE 1820. ONOGHA GIFT ESE 1906. OSHINLAGUN SAMSON ADE 1992. PETER IGBOKE 1563. OJUMOLA OPEYEMI AFOLABI 1649. OKUNADE ABAYOMI JOHN 1735. OLOYEDE TOLULOPE TOLANI 1821. ONOJA JAMES ABUTU 1907. OSHINLOYE PETER OLADIMEJI 1993. PETER JOSHUA TOKAN 1564. OJUTIKU OLA LATEEF 1650. OKUNADE GRACE OMOLADUN 1736. OLOYEDE ZACHEUS OLUMIDE 1822. ONOJA RUTH 1908. OSHO MICHAEL OLUYORI 1994. PHILIPS SUNDAY ESSIEN 1565. OJUTIKU OLA LATEEF 1651. OKUNADE GRACE OMOLADUN 1737. OLOYOLA HAKEEM 1823. ONOME IROROEVWO 1909. OSIBISA MANNIX 1995. PHILLIPS OLUFUNTO ARAMIDE 1566. OKAA CHUKWUEMEKA JOACHIM 1652. OKUNBOR JOSEPH A. 1738. OLUBAMISE OLUFUNMILOLA BOLA 1824. ONOMIWO JESSE OGHENEKARO 1910. OSIGWE SIMON OLUCHUKWU 1996. PINAWOU SOLOMON EYEKOROGHA 1567. OKAFOR CHARLES IKECHUKWU 1653. OKUNLOLA TAJUDEEN OLODUDE 1739. OLUBORODE MERCY ADEGOLARIN 1825. ONOVAE MURPHY O 1911. OSINOIKI KAYODE ADEMOYEWA 1997. PITT OLUWAGBEMIGA 1568. OKAFOR HELEN OGE 1654. OKUNLOLA TAJUDEEN OLODUDE 1740. OLUDAYO ADEDEJI 1826. ONU EMMANUEL 1912. OSISAMI FLORENCE .E. 1998. PML SECURITIES COMPANY LIMITED 1569. OKAFOR IKEMEFUNA CHIBUZO 1655. OKUNOLA ABIDEMI MOSES 1741. OLUDELE MARGARET KEHINDE 1827. ONU JANET CHIKA 1913. OSIWU ANDREW EBERE 1999. POLMER VENTURES LTD 1570. OKAFOR NCHEDO JANE 1656. OKUNOLA HALIMA ADESOLA 1742. OLUEH GBESIMI KIKELOMO 1828. ONUEGBU AMARACHI DELIGHT 1914. OSIYEMI JOHN OLUWASEUN 2000. POPOOLA FOLAKE OLABIMPE 1571. OKAFOR ONYEBUCHI MAC-HAROLD 1657. OKUNROTIFA AGNES EYIWUMI 1743. OLUFIDIPE OYETOLA KOLAWOLE 1829. ONUH IKECHUKWU CYRIL 1915. OSO ADETUNJI 2001. POPOOLA RAFIU ADEOYE 1572. OKAH OLUYEMI FELICIA 1658. OKURUME CHINONSO 1744. OLUGBOSUN ARIYO AYO 1830. ONUH TAIWO OLUKEMI 1916. OSOKOYA ADEMOLA ADEBOWALE 2002. POPOOLA RAFIU ADEOYE 1573. OKANLAWON ARINADE FUNMILOLA 1659. OKUWE BERNARD 1745. OLUKANMI OLUKAYODE OLUFEMI 1831. ONUJAGBE REBECCA OZAVIZE 1917. OSOMODE ABOSEDE AGBOOLA 2003. PRECIOUS JOSEPH 1574. OKAO EHIGIATOR 1660. OKWAKPAM CHARLES .O 1746. OLUKU UWABOFU DAVIS 1832. ONUKAGHA EMMAUEL 1918. OSUEBI HARRISON 2004. PREMIUM SEC. LTD.-TRADED-STOCK-A/C 1575. OKARO PATRICIA UCHENNA 1661. OKWUONYEKWU EMMANUEL NGOZI 1747. OLU-LAWAL OLUYIDE 1833. ONUKWU NNEAMAKA MARYANNE 1919. OSUJI ROSALIA CHIKWERE 2005. PROGRESSIVE LEAGUE OF FRIENDS 1576. OKATE MARK AZEMO-OBOH 1662. OKWUOSA CHINWE M 1748. OLUMIDE DITIMI GRACE 1834. ONUNKWOR IKENNE EBUKA 1920. OSUKWU TOBIAS NDUBUISIS HON 2006. PROPELLER VENTURES NIG. LTD 1577. OKE JANET OMOLEWA 1663. OKWUZIGWU CYPRIAN CHUKS 1749. OLUMIDE OLAJIDE OLAWALE 1835. ONUOHA GOSPEL EMEKA 1921. OSUNGBOHUN ADEBAYO 2007. PROSPERFUNDS LIMITED 1578. OKE OWO OLAYIWOLA CALEB 1664. OLA AYOMIDE 1750. OLUMIDE OLALEKAN OLUTAYO 1836. ONWE PAUL ODE 1922. OSUNKOYA MOYOSOREOLUWA DAMILOLA 2008. PYRAMID CLUB 1579. OKECHUKWU KINGSLEY EMEKA 1665. OLA EBENEZER 1751. OLUMIDE SEGUN AYO 1837. ONWERE UZOMA V.N. 1923. OSUNTOKUN JEJENIJA OLUSOLA 2009. QUADRI NOSIRATU TOSIN 1580. OKEKE CHARITY IFEYINWA 1666. OLA ESTHER OLABISI 1752. OLUOKUN KEHINDE JOHN 1838. ONWOCHEI JOHNNY EMEKA 1924. OTERI PAUL 2010. QUADRI OLAPEJU NURATULAH 1581. OKEKE DONATUS CHUKWUEMEKA 1667. OLABIYI BISOLA OLUWA 1753. OLUPITAN YETUNDE ORITSEBEMIGHO 1839. ONWOCHEI JUSTIN ASHINZE 1925. OTIS DAVID OTETE 2011. QUANTUM SEC. LTD/DIAMOND BANK PLC 1582. OKEKE UCHENNA 1668. OLABODE OLAKUNLE MICHAEL 1754. OLUROTIMI OLURANTI BUSOLA 1840. ONWUAMAEGBU ADA NGOZI 1926. OTOBRISE OGBEVIRE JOSAIH 2012. RABIU ABDULLAHI MAIKANO 1583. OKEKE UCHENNA EMMANUEL 1669. OLABOOYE ABIODUN BASIRAT 1755. OLUSANJO O & ADEKUNLE I SAVINGS S 1841. ONWUCHEKWA VINCENT UCHE 1927. OTUJI TOM OGAR 2013. RABIU NURUDEEN AKANGBE 1584. OKELEKE CHINEDU PAUL 1670. OLADAPO NURUDEEN AFOLABI 1756. OLUTAYO ADEFOLAKE OLUFUNMILOLA 1842. ONWUDIWE AMARA BLESSING CHIDI 1928. OTUMAGBU VICTOR 2014. RAHEEM TAOFEEK AKANBI 1585. OKENIYI OLUWOLE JOSHUA 1671. OLADEJI FLORENCE 1757. OLUTAYO OLAMIDE 1843. ONWUGAJE IKECHUKEU POLYCARP 1929. OTUNAYA OLUWATOSIN 2015. RAHMAN ABIODUN A 1586. OKENLA FOLORUNSO 1672. OLADEJI YETUNDE DOLAPO 1758. OLUWA AYISATU 1844. ONWUKA ETOMI RICHARD 1930. OTUNAYA OLUWATOSIN 2016. RAINBOW & OMEGA LTD 1587. OKERE BIDWELL NKEMAKOLAM 1673. OLADEJO BUKOLA EBENEZER 1759. OLUWABUNMI ADEKUNLE AKINYEMI 1845. ONWUKAEME SUNDAY 1931. OVAT MAURICE DAVID 2017. RAJI ABDULMUMEN OKIN 1588. OKERE HELEN OGORCHUKWU 1674. OLADELE DAMILOLA MOSES 1760. OLUWALE ADEGBOLA 1846. ONWUNZE CHINEDU CHRISTOPHER 1932. OVWIGHO BEATY ODEWANURE 2018. RAJI ISMAIL ISOLA ABIDEMI 1589. OKERE JULIET ADAMMA 1675. OLADIMEJI ADEKUNLE BENSON 1761. OLUWASEYI ADESINA ADESIYAN 1847. ONWUNZE CHINEDU CHRISTOPHER 1933. OWIADOLOR BENJAMIN 2019. RAJI OLAIDE AKEEM 1590. OKEREKE ALEX OKEY 1676. OLADIMEJI ARINOLA KEHINDE 1762. OLUWATOSIN COMFORT 1848. ONWUNZE NESTOR CHUKWUEMEKA 1934. OWOLABI ABIMBOLA ANTONIA 2020. RAJI SHAKIRUDEEN ALABI 1591. OKESIJI ADEDAYO MARY 1677. OLADIMEJI DEBO KUNLE 1763. OLUWAYEMI OPEOLUWA OMOLARA 1849. ONYEANUSI CHIGOZIE UMEZIJIAKU 1935. OWOLABI AFOLABI ADERINSOLA 2021. RAREBILL NIG LIMITED 1592. OKEYODE ESTHER AJULO 1678. OLADIMEJI JUMOKE FOLUKE 1764. OLUWOLE BUKOLA OMOWUMI 1850. ONYEDINMA GODFREY CHIMEZIE 1936. OWOLABI JOSPEH 2022. RASAK AKANMU MUFTAU 1593. OKHUELEIGBE BLESSING OMOFEMA 1679. OLADIPUPO ISREAL TUNDE 1765. OLUWOLE BUKOLA OMOWUMI 1851. ONYEFUSONU EMEKA 1937. OWOLABI OYERONKE ASABI 2023. RASAQ OLALEKAN MUMUNI 1594. OKI BLESSING 1680. OLADIRAN ABIODUN ISAAC 1766. OLUWOLE OLANIKE MOROLAKE 1852. ONYEGBULE UCHENNA NKECHI 1938. OWOLAFE EBENEZER OLUGBENGA 2024. RAUFU ISAKA ADIGUN 1595. OKI UFUOMA 1681. OLADITI ELIZABETH 1767. OLUWOLE OLANIKE MOROLAKE 1853. ONYEIHE NONYELUM SANDRA MARYJANE 1939. OWONIKOKO ABIODUN JELILI 2025. RAUFU ISAKA ADIGUN 1596. OKOEGUALE OSEYOMON FREDDIE 1682. OLADUJOYE MORUFU ALABI 1768. OLUYEDI OLAYEMI MORADEYO 1854. ONYEIHE NONYELUM SANDRA MARYJANE 1940. OWOWA OLUWATOYIN RUTH 2026. READINGS INVESTMENTS LIMITED 1597. OKOGBO CHRISTY OBI 1683. OLAFIMIHAN TOLULOPE 1769. OLUYEDI OLAYEMI MORADEYO 1855. ONYEJEKWULUM SUNDAY CHUKWUDI 1941. OWOWA ROTIMI OLADUNJOYE 2027. RESORT ASSET MANAGEMENT A/C 1598. OKOH DANIEL ITEBITE 1684. OLAGUNJU FUNMI 1770. OLUYEMI SAMUEL ADEBOWALE 1856. ONYEJIAKU VITALIS OKECHUKWU 1942. OWOYALE JUBRIL 2028. RESORT SECURITIES-DEPOSIT A/C 1599. OKOH NGOZI BLESSING 1685. OLAGUNJU FUNMI 1771. OLUYEMI SAMUEL ADEBOWALE 1857. ONYEKE SUNDAY 1943. OWOYALE JUBRIL ALHAJI 2029. ROBAM & CO 1600. OKOH-EIGBEFOH PATIENCE. I. 1686. OLAIDE OLUSHOLA MORENIKE 1772. 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OLAJIGA MOJIROLA OLUFUNMILAYO 1778. OMF NOMINEES A/C "A" 1864. ONYIRIOHA MICHAEL EBERE 1950. OYEBANJI ADEBAYO 2036. RUBY LADIES 1607. OKOLO ANTHONIA CHIOMA 1693. OLALEKE MAKINDE OLUWASEUN 1779. OMF NOMINEES ACCOUNT "C" 1865. ONYIUKE CHINEKWU SOPIRIYE 1951. OYEBANJI PHILIP 2037. RUFAI GANIYAT ADEOLA 1608. OKOLO JAMES CHIGOZIE 1694. OLALEYE OYINDAMOLA TOSIN 1780. OMIJIE EJELE JEFFREY 1866. ONYIUKE CHINEKWU SOPIRIYE 1952. OYEBANJI PHILIP 2038. RUFAI OREOLUWA VICTORIA 1609. OKOLO PAMELA IFUNANYA 1695. OLALOWO BOLANLE OLUYEMI 1781. OMISHAKIN FESTUS GBENGA 1867. OPADOKUN HENRY ADEGOKE 1953. OYEBANJO OLUGBENGA ADELAJA 2039. RUFAI RITA OBIAGERI 1610. OKON FRANCIS ETIM 1696. OLAMIKUN GLOBAL RESOURCES LTD 1782. OMIYALE DANIEL ADETUNJI 1868. OPALUWA ALI IBRAHIM 1954. OYEBODE KUNLE TIMOTHY 2040. SAAD ABUBAKAR SADEEQ HANAFI 1611. OKONKWO JULIET EBELE 1697. OLANIPEKUN FEBRSOLA 1783. OMIYALE DANIEL ADETUNJI 1869. OPARA CALEB CHIADIKAOBI 1955. OYEDEJI BASIRAT BOLANLE 2041. SAAD AYUBA 1612. OKONKWO OBIORA CHARLES 1698. OLANIPEKUN FEBRSOLA 1784. OMODIA FRED .F. 1870. OPARAOCHE BEAUTY ERINMA 1956. OYEDELE ADETOYESE ADESOYE 2042. SABASTINE IME SAM 1613. OKONKWO PERPETUAL CHICHI 1699. OLANIYAN AYODELE LAWAL 1785. OMOILA EMMANUEL ONYEMAKEKI 1871. OPAYELE OYEWOLE AKANBI 1957. OYEDIRAN DAVID YINKA 2043. SADIKU MUSILIU AKAANI OMOLAJA 1614. OKONKWO-ANI PRINCE JOSHUA 1700. OLANIYAN BAMIDELE MODUPE 1786. OMOKARO PETER IMAFIDON 1872. OPEBIYI ADIO SUNDAY 1958. OYEDIRAN SODIQ MOYOSORE 2044. SADIQ IDOWU MUSA 1615. OKORIE CHARLES ANYANALECHI 1701. OLANIYAN ISSA ADEBAYO 1787. OMOKARO PETER IMAFIDON 1873. OPENE BOSE MOTUNRAYO 1959. OYEDIRAN SODIQ MOYOSORE 2045. SADUDEEN IBRAHIM OLADIMEJI 1616. OKORIE CHINYERE GIFT 1702. OLANIYI ABIODUN KOLAWOLE 1788. OMOKHUALE SALLY OVBHAFOSO 1874. OPIUGHIE ODUFUA GRACE 1960. OYEDIRAN YESIDE DEBORAH 2046. SA'ID MARYAM ALI 1617. OKORIE CHRISTIAN 1703. OLANREWAJU OLABODE OLAWALE 1789. OMOLAFE ADEDAYO ISAAC 1875. OPUSUNJU SAMUEL ADASA 1961. OYEDIRAN YESIDE DEBORAH 2047. SAKA BASHIRU OLAWALE 1618. OKORIE NGOZI EZINNE 1704. OLANREWAJU TAOFEEK KOLAPO 1790. OMOLE ADEKUNLE EBENEZER 1876. ORAH ELIZABETH NKIRUKA 1962. OYEDUNTAN GANNY LAYIWOLA 2048. SAKA DELE DENAPO 1619. OKORIE OGBONNA MIKE 1705. OLAOLUWAKITAN OLAWUNMI BOSEDE 1791. OMOLEHINWA BAMIDELE 1877. ORAKWUE EBERECHUKWU UZOMA 1963. OYEKALE ISAAC ABIMDEMI 2049. SALAMI OLUBUNMI T. 1620. OKORIE STEPHEN 1706. OLAONIPEKUN KUNLE 1792. OMOMUBI OLAOLUWA FESTUS 1878. OREAGBA ABDULRAHEEM OLUSEYI 1964. OYEKANMI SURAJUDEEN ADESHOLA 2050. SALAMI WAKEEL ADEDIRE 1621. OKORIE UCHEDOZIE 1707. OLAOSEBIKAN OYEWOLE 1793. OMONIYI AKINLABI SAMSON 1879. OREBANJO MODUPE ADEBOWALE 1965. OYELAMI TEMIDAYO ADEMOLA 2051. SALAUDEEN MOSHOOD O 1622. OKORO FABIAN AJAH 1708. OLAOSEBIKAN TUNDE 1794. OMONIYI LUCAS OMONIYI 1880. OREKOYA KEHINDE OLAYIWOLA 1966. OYELEKE KEHINDE AJIBOLA 2052. SALISU HAUWA 1623. OKORO MACAULEY AWOROKE 1709. OLAOYE OLUFEMI OLUBISI 1795. OMONIYI LUCAS OMONIYI 1881. OREKOYA KEHINDE OLAYIWOLA 1967. OYESANWO KEHINDE ADEDAPO 2053. SALLAU NUHU AHMED 1624. OKORO OBASI 1710. OLAOYE REMILEKUN 1796. OMORODION ANTHONIA NGOZI 1882. ORESANYA ADERIBIGBE SIMON 1968. OYETADE CHRISTIANAH AJIBOLA 2054. SAMA EHIMEYOMAH ALICE 1625. OKORO ONWUKWE NGWU 1711. OLAPADE OLATUNJI AKINYELE 1797. OMOROGBE OSARUMWENSE DAMIAN 1883. ORIAIFO LAURA OMOZUSI 1969. OYETADE CHRISTIANAH AJIBOLA 2055. SAMBO ALIYU ZARIA 1626. OKOROCHA GLADYS UCHEOMA 1712. OLARINDE KAYODE OLADAYO 1798. OMOTESO SUNDAY ADETUNJI 1884. ORIM STELLA MARIS IZEGBUA 1970. OYEWOLE AKINOLA JAMES 2056. SAMBO MUSLIM ABUBAKAR 1627. OKORONKWO CHRISTIAN CHIKA 1713. OLARINOYE ADEOLA ASHRAF 1799. OMOTOYE AKINGBADE GABRIEL 1885. ORIMOLOYE OLUYEMISI BAMIDELE 1971. OYEWOLE OLALEKAN FELIX 2057. SAMUEL ALBERT 1628. OKOSUN ILO. A 1714. OLARINOYE ADEOLA ASHRAF 1800. OMOTUNDE TEMITOPE 1886. ORISADIPE PETER R 1972. OYIN KOINYAN PAGA GODSKING 2058. SAMUEL ODUNAYO JOSEPH 1629. OKOTIE GOODLUCK E. 1715. OLARINOYE AYOTUNDE FAISOL 1801. ONABAJO AYOMIDE OLALEKAN 1887. ORJI CHIKE 1973. OZIGBO CHUKWUEMEKA STANLEY 2059. SANDA MODUPE 1630. OKOYA IDRIS AJIBOLA 1716. OLARINOYE AYOTUNDE FAISOL 1802. ONABAJO AYOMIDE OLALEKAN 1888. ORJISON IFEANYI CHUKWU 1974. OZOMA SUNDAY 2060. SANI MUHAMMAD SUNUSI 1631. OKOYA-THOMAS HENRY AYODEJI 1717. OLATUNDE KUNLE ELIJAH 1803. ONABOLU OLUSEYE 1889. OROGUH OLAJIDE JOHN 1975. OZOR NNAMDI SERGIUS 2061. SANNI KIKELOMO RAFIAT 1632. OKOYE ANTHONIA C. 1718. OLAWUYI KAYODE 1804. ONAFUYE NIKE VICTORIA 1890. OROGUN EARNEST ORONPUA 1976. PALCOMMS LIMITED 2062. SANNI MUNIRAT MODUPE 1633. OKOYE EGODI 1719. OLAWUYI OMOWUNI NUSIRAT 1805. ONAH OHABUENYI EDWIN 1891. OROH HENRY 1977. PANTUVO HAUWA IBRAHIM 2063. SANTRUST SEC NOMINEE A/C BAG

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274, Murtala Mohammed Way, Alagomeji, Yaba, Lagos. Tel: 2771114, 7300074-5 INTERCONTINENTAL REGISTRARS LTD [email protected] LIST OF UNCLAIMED DIVIDENDS RE: SHARE HOLDER'S DATA UPDATE

2064. SANUSI ADEBIMPE MODINAT FOUNDATION 2235. WAHEED SAMSONDEEN 2065. SANUSI ADEBIMPE MODINAT 2150. THOMPSON ISRAEL & VICTORIA 2236. WALAKU IDEGHAN In our quest to update Shareholder's data on our client company's register of members, we require your GSM number , for Indivi duals, Land Line for Corporate Shareholders, 2066. SANWO OLUWATOYIN EMMANUEL 2151. TIAMIYU BISOLA MODINAT 2237. WATANA SAMUEL G 2067. SANYA EUNICE YEMISI 2152. TIFASE OLANIKE EUNICE 2238. WAZIRI BAGUDU MOHAMMED AGEGE your CSCS Account Number and Bank details to enable us effect payment of subsequent dividend and bonuses vide our online E -bonus and e-dividend Menus. This will 2068. SARAFA ABAYOMI RAHEEM 2153. TIMOTHY BAYO VIC 2239. WILCOX BENJAMIN ORUBON enhance, save and timely receipt of your entitlement as they fall due. 2069. SARAFA ABAYOMI RAHEEM 2154. TITILAYO RIFKAT BOLANLE 2240. WILFRED EZEJA EZE 2070. SDS SW / NIKSEG FOODS LTD 2155. TITUS AYODEJI JOHNSON 2241. WILKIE GABRIEL ANIREJUORITSE 2071. SDS SW / OBAYIUWANA GLADYS 2156. TOBI PATRICK BABATUNDE 2242. WILLIAMS OLUFUNMILAYO AMOKE PLEASE COMPLETE IN BLOCK LETTERS 2072. SDS SW / OGUNNIKA FOLAKE 2157. TOBUN BABATUNDE GBOLAHAN 2243. WILLIAMS OLUFUNMILAYO AMOKE 2073. SDS SW/ OLASOKO SUNDAY OLASOKO 2158. TOKUNBO GODWIN 2244. WILLIE OKON UDOSEN SHAREHOLDER'S INFORMATION Date(DD/MM/YYYY) 2074. SENKALE TOPE 2159. TOMOMEINO TIMOTHY TOMOLA 2245. WIZETRADE CAPITAL & ASSET MGT. LIMITED 2075. SENKOYA ADEBUNMI ALICE 2160. TOUN-FAGBENLE ENGORE 2246. WOLE-ABU ANDROMEDA ENANEBIE Surname/Company's Name 2076. SENKOYA ADEBUNMI ALICE 2161. TRADE LINK FIN.-DEPOSIT A/C 2247. WOLE-ADEWUMI APALARA 2077. SERIKI AFUSAT OMONIKE 2162. TUMINI ERNESTINA GREEN 2248. WT SECURITIES LTD TRADING ACCOUNT 2078. SHAOLA YINKA 2163. UBAKA-OJOGWU CHIKE 2249. WUYEP HASSAN SHEDRACK 2079. SHELL COOP/ OMONIGHO EGUONO 2164. UBAMADU CHRISTOPHER C. 2250. YACIM JOHN BAGIKO 2080. SHELL-COOP LUCKY OSUNBOR 2165. UCHE IFEOMA JENNIFER 2251. YACIM JOHN BAGIKO Other Names (For Individual Shareholder) 2081. SHENENI VICTOR & ALICE 2166. UCHENNA AHANONU 2252. YAHAYA ABUBAKAR ABDULLAHI 2082. SHOBOWALE OLATUNDE SAMSON 2167. UDECHUKWU DANIEL CHUKWUETA 2253. YAHAYA ALHAJI-ALLI 2083. SHOBOWALE OLATUNDE SAMSON 2168. UDEGBE LUCKY 2254. YAKUBU ABDULFATAI OLAIYA 2084. SHOEWU ADEBIMPE 2169. UDEH LORETTA OBIAGELI 2255. YAKUBU ESTHER IFEOLUWA Present Postal Address 2085. SHOEWU OLUWARANTI 2170. UDELE ESE EJASE-TOBRISE NELLY 2256. YAKUBU ESTHER IFEOLUWA 2086. SHOFOLAHAN LASIS ATANDA 2171. UDEZEH CHIDINMA JUSTINA 2257. YAKUBU IBRAHIM 2087. SHOFOLU ADEBAYO O. 2172. UDOH BASSEY SILAS 2258. YAKUBU JOSEPH ANAZALLU 2088. SHOGBIYEJU ADEBAYO ADEKUNLE 2173. UDOH GEORGE JOHN 2259. YAKUBU MUSTAPHA 2089. SHOPEJU TINUOLA AYODEJI 2174. UDUAK UDUAK MICHEAL 2260. YAKUBU SIRAJO 2090. SHOTAYO BANJI AKINOLA 2175. UDUJI HENRY CHIDI 2261. YAKUBU SIRAJO DANHASSAN 2091. SIGNET INVESTMENT-DEPOSIT A/C 2176. UDUMA DAVID IBE 2262. YAMTU DANYARO TONA City State E-mail Address 2092. SIMON LIFE NYONG 2177. UDUME CELESTINE CHUKWUMA 2263. YAQEEN MAROOF OLALEKAN 2093. SIRAJO HAMIDU MADA 2178. UFOT JAMES IME 2264. YAYA BABAFEMI HAKEEM 2094. SOAGA AJIBOLA FATAI 2179. UFUOMA-ORODORO GODWIN 2265. YESUFU ABDULLATEEF MOMODU 2095. SOAGA EDEWEDE OLUWATOYIN 2180. UGBOGBO SARAH UYI 2266. YOHANA AYUBA Telephone Number 2096. SOAGA EDEWEDE OLUWATOYIN 2181. UGBOH HARRIET 2267. YUNUSA ADIGUN RASAK 2097. SOAGA MIDINA 2182. UGBO-WILSON CHARITY EYAJIFE 2268. YUSUF MUSA 2098. SOAGA MIDINA 2183. UGEGE NELSON 2269. YUSUF SHERIFF AJADI 2099. SOAGA MOBOLAJI AHMED 2184. UGIAGBE ESEOSA 2270. YUSUFU ALIYO ANGULU 2100. SOAGA SAMSIDEEN OLALEYE 2185. UGOCHUKWU P. OJIEGBU 2271. ZAGIDOM VICTOR E-BONUS INFORMATION 2101. SOAGA SAMSIDEEN OLALEYE 2186. UGOJI UGOCHUKWU PATRICK 2272. ZAINAB ABUBAKAR GUSAU 2102. SOAGA SURAJUDEEN OLADIPUPO 2187. UGWO KENNETH CHIDI 2273. ZAKARI NADINE AKHAIZETU 2103. SOBAYO REMILEKUN 2188. UGWU LIVINUS ASOGWA 2274. ZILLION ABFOLAD INV LTD I/W e her eb y request tha t from now on. All my/our bonus shares due to me/us from my/our holding(s) in all companies ticked below be transferr ed to cscs elec tronically 2104. SOBODU AYOTUNDE MICHAEL 2189. UGWUJA EMMANUEL OBOCHI EMEKA 2105. SODIMU OYENIYI OLUWASEUN 2190. UGWUMMADU RUTH Clearing House Number(e.gC1 234567A G) Account Number 2106. SODIPE SAMUEL WALE 2191. UGWUOKE SABASTINE IBEKWE 2107. SOGBEINDE BUNMI 2192. UHUO OKECHUKWU ARINZE 2108. SOGBESAN ADEBITI AKANBI 2193. UKAZU AGNES 2109. SOGBESAN ADEOLA TAWA 2194. UKET BASSEY OKPA Name of Stockbroker 2110. SOGBESAN ADEOLA TAWA 2195. UKO INEMESIT 2111. SOGBESAN OLUDAISI ROTIMI 2196. UKOH ROY BASSEY 2112. SOGBESAN OYINLOLA OLUSOLA 2197. UKOREBI ESIEN BASSEY 2113. SOGBESAN OYINLOLA OLUSOLA 2198. UKPEBOR .E. JOESON 2114. SOILE YEJIDE 2199. UMANAH EDET BASSEY E-DIVIDEND INFORMATION (Your Bank must confirm these information) 2115. SOLA-OJO OMOLARA ALICE 2200. UMARU ATTO 2116. SOLAWON SEMION OLANIJI 2201. UMARU JOHN SALE I/We hereby request that from now on. All my/our Dividend Warrant(s) due to me/us from my/our holding(s) in all companies tic ked below be mandated to my/our Bank 2117. SOLOMON MELEMU VICTORIA 2202. UMARU PURDUE named below. 2118. SOLOMON TITILOPE TEMILOLUWA 2203. UMEH KELVIN KALU 2119. SOMAN INVESTMENTS NIG LTD 2204. UMEJI CHIMECHEFUNAM GRACE Bank Name 2120. SONOWO MUINAT OLAIDE 2205. UMELO IFEANYI FELIX 2121. SOSANYA DAMILOLA 2206. UMEOZULU JACINTA KANAYO 2122. SOSANYA TEMITAYO JOSIAH 2207. UMOH CHRISTOPHER BRAIN 2123. SOTAMABOU SAMUEL ANATOL FEMI 2208. UMOH EDET ESSIEN 2124. SOTINWA OLADIMEJI OLUKAYODE 2209. UMORU JOSEPH OGU Branch Address 2125. SOUGH DZER FELIX 2210. UMUKORO KIEMUTE ALEX 2126. SOWUNMI OLUFEMI PETER 2211. UMUKORO VICTORIA OKEOGHENE 2127. SSCM-OTASOWIE ISAAC FESTUS 2212. UMUKORO VICTORIA OKEOGHENE 2128. STOREHOUSE RESOURCES LTD 2213. UNIAN VENTURES 2129. SULAIMAN FATAI ABIODUN 2214. UNIAN VENTURES 2130. SULAIMAN FATAI OLANREWAJU 2215. UNITY COOPERATIVE SOCIETY OJO LAGOS Bank Account Number Bank Sort Code 2131. SULAIMON AKEEM 2216. UNOGU TOCHUKWU TOBIS 2132. SULEIMAN ABDULRAHMAN 2217. UNWANA AMOS DICKSON 2133. SUNDAY INIOBONG BARTHOLOMEW 2218. UNYA NDUKWE 2134. SUNDAY UZODINMA 2219. USMAN JARIRI BISHIR 2135. TAIWO FUNMILOLA 2220. USMAN ZAINAB 2 AUTHORISED SIGNATURES AND STAMP OF BANKERS 2136. TAIWO TEMITOPE OLUWAKEMI 2221. UTUONGO ISONG EKPENYONG 2137. TAIWO TEMITOPE OLUWAKEMI 2222. UWAKWE ALBERT ONYEWUCHI NAME OF COMPANY IN WHICH YOU HAVE SHARES REGISTRARS USE ONLY 2138. TALABI ADEWALE O 2223. UWAOMA CHIDOBE GREENWELL UCHECHI 2139. TAMUNONIME ZECHARIAH ODIKIBIEBUMA 2224. UYIGUE EHIMWEMA Register Code Account Number 2140. TAMUNOSIKI A. G. OKARI 2225. UZO HENRY NNAEMEKA 2141. TAUNA KONI AGNES 2226. UZODIGWE RITA EBERE 1 INTERCONTINENTAL BANK PLC 2142. TBA NIG LTD 2227. UZODINMA IRECHUKWU KINGSLEY 2143. TEBIRA EMMANUEL 2228. UZONWANNE CORDELL NNEDI 2 INTERCONTINENTAL WAPIC INSURANCE PLC 2144. TEJUOSO OLUFOLAKE DORCAS 2229. VASWANI MANOJ 2145. TEJUOSO OLUFOLAKE DORCAS 2230. VERISSIMO DAVID OLAYIWOLA 3 REDSTAR EXPRESS 2146. TELUWO OLUFEMI SUNDAY 2231. VICTORY BAPTIST CHURCH,OSHIN 2147. TESLIM LATEEF OLADIMEJI 2232. VINCENT BEMIGHO TOPE Company Seal & Incorporation Number (Corporate Applicant) 2148. TESLIM LATEEF OLADIMEJI 2233. WABI MUSIBAU MORUF 2149. THE THERESA ANAOMA OKAFOR 2234. WADA MOHAMMED DANLADI

Signature or Thumprint of shareholder(s) Signature or Thumbprint of shareholder(s) NOTE: This form can be downloaded from our website www.intercontinentalregistrars@intercontinentalbank plc.com. The form can equally be obtained and submitted at any of the Intercontinental Bank Plc OASIS INSURANCE OASIS INSURANCE MANDATE FORM 61 Annual Report & 2010 Accounts . . . a w e l c o m e r e l i e f 60

274, Murtala Mohammed Way, Alagomeji, Yaba, Lagos. Tel: 2771114, 7300074-5 INTERCONTINENTAL REGISTRARS LTD [email protected] LIST OF UNCLAIMED DIVIDENDS RE: SHARE HOLDER'S DATA UPDATE

18th Annual General Meeting to be held at 11.00am on Number of Shares Friday, 26th August 2011 at Ibadan, Oyo State No Resolution For Against I/We, ...... being a member/member of Oasis Insurance Plc, hereby 1. To receive the Report of the appoint**...... or failing him/her, the Chairman of the Director, to audited Financial Statement or the meeting as my/our proxy to act and vote for me/us and on year ended 31st December my/our behalf at the 18th Annual General Meeting of the 2010 and the Report of the Auditors and Audit Company to be held on Friday, 26th August 2011and at Committee thereon. any adjournment there of. 2. To re-elect Directors

3. To authorize the Directors to Dated this ...... day of ...... 2011 fix the remuneration of the Auditors.

Shareholder Signature...... 4. To elect members of the Audit Committee

IF YOU ARE UNABLE TO ATTEND THE MEETING 5. To approve the remuneration of the A member (shareholder) who is unable to attend an Annual Directors. General Meeting is allowed by law to vote on a poll by a proxy. the above proxy form has been prepared to enable to exercise your right to vote incase you cannot personally Please indicate with an ‘X’ in the attend the meeting. Provision has been made on this form appropriate space how you wish your vote for the Chairman of the meeting to act your proxy, but if you to be cast on the resolution set out above. wish, you may insert in the blank space marked** on the unless otherwise instructed, the proxy will form, the name of the person whether member of the vote or abstain from voting at his/her Company or not who will attend the meeting and vote on discretion. your behalf instead of the Chairman of the meeting.

Please sign this proxy form and post it so as to reach the address on the other side not later than 11.00am. on 26th August 2011. If executed by a Corporation, the proxy should be sealed with the Common Seal.

...... Before posting the above Proxy Form, please tear of this part and retain it for admission to the meeting.

ADMISSION CARD OASIS INSURANCE PLC RC. 208278

18th Annual General Meeting to be held at 11.00am. on Friday, 26th August 2011 at Ibadan Oyo State Name of Shareholder ...... Name of Shares ...... Signature of person attending ......

OASIS INSURANCE PROXY FORM 63

3. To authorize the Directors to Dated this ...... day of ...... 2011 fix the remuneration of the Auditors.

Shareholder Signature...... 4. To elect members of the Audit Committee

...... Before posting the above Proxy Form, please tear of this part and retain it for admission to the meeting.

ADMISSION CARD OASIS INSURANCE PLC RC. 208278

18th Annual General Meeting to be held at 11.00am. on Friday, 26th August 2011 at Ibadan Oyo State Name of Shareholder ...... Name of Shares ...... Signature of person attending ......

OASIS INSURANCE