Weekly Market Report for 28-09-2012 - The Nigerian Stock Exchange

WEEKLY REPORTSimilarly, the Bloomberg NSE 30, Bloomberg NSE Insurance, and NSE-Lotus II advanced by 0.44%(+ 32.00% YTD), 0.57% (-5.21% YTD) and 3.47% (+28.89% YTD) respectively. However, theBloomberg NSE Consumer Goods Bloomberg NSE Banking and Bloomberg NSE Oil/Gas declinedby 11.35% (+278.99% YTD), 0.92% (+45.11% YTD) and 7.16% (-27.33% YTD) respectively (seetable below).Note that the points and percentage changes in the NSE Indices were calculated bycomputing the daily changes in the index values. The table below summarizes the movementsin the NSE indices:INDEX TITLEYEAROPENINGWEEKOPENINGWEEK CLOSEFor Further Inquiries Contact: Market Operations DepartmentWEEKLYCHANGE% CHANGE% YTDCHANGEThe NSE All-Share Index (ASI) 20,730.63 25,873.71 26,011.64 137.93 0.53 25.47Bloomberg NSE 30 Index 923.77 1,214.05 1,219.37 5.32 0.44 32.00Bloomberg NSE Consumer Goods Index 589.60 2,245.86 2,234.51 -11.35 -0.51 278.99Bloomberg NSE Banking Index 274.26 401.67 397.97 -3.70 -0.92 45.11Bloomberg NSE Insurance Index 143.54 135.29 136.06 0.77 0.57 -5.21Bloomberg NSE Oil/Gas Index 220.11 167.11 159.95 -7.16 -4.28 -27.33NSE - Lotus II 1,226.74 1,528.09 1,581.10 53.01 3.47 28.89Hint: Weekly and Year-to-Date points and Percentage changes are based on daily index movements.SUMMARY OF PRICE CHANGEA total of one hundred and ninety nine 199 stocks were traded during the week with thirty-five (35)stocks appreciated, thirty-three (33) stocks depreciated and one hundred and thirty one (131) stocksremained unchanged. When compared with the preceding week, fifty-six (56) equities gained,sixteen (16) equities declined while one hundred and twenty seven (127) equities remainedconstant.Top 10 Price Gainers:Company Open Close Gain % Change(N)DANGOTE CEMENT PLC 116.26 123.00 6.74 5.80UNILEVER NIGERIA PLC. 38.51 42.11 3.60 9.35ASHAKA CEM PLC 13.78 15.10 1.32 9.58CADBURY NIGERIA PLC. 22.63 23.95 1.32 5.83LAFARGE WAPCO PLC. 54.99 56.00 1.01 1.84DANGOTE FLOUR MILLS PLC 7.71 8.55 0.84 10.89P Z CUSSONS NIGERIA PLC. 24.89 25.30 0.41 1.65ROADS NIG PLC. 10.22 10.60 0.38 3.72FIRST BANK OF NIG. PLC 14.50 14.85 0.35 2.41PORTLAND PAINTS & PRODUCTS NIGERIA PLC 3.15 3.46 0.31 9.84Page 3

WEEKLY REPORTTop 10 Price Losers:Company Open Close Loss % Change(N)FLOUR MILLS NIG. PLC. 67.92 61.67 6.25 9.20U A C N PLC. 43.24 40.00 3.24 7.49NIGERIAN BREW. PLC. 140.00 137.00 3.00 2.14OANDO PLC 13.76 11.60 2.16 15.70UNION BANK NIG.PLC. 9.13 7.51 1.62 17.74JULIUS BERGER NIG. PLC. 28.80 27.50 1.30 4.51UACN PROPERTY DEVELOPMENT CO. LIMITED 12.12 10.92 1.20 9.90CONOIL PLC 20.68 19.70 0.98 4.74INTERNATIONAL BREWERIES PLC. 13.91 12.98 0.93 6.69ACCESS BANK PLC. 9.46 8.62 0.84 8.88COMPANY NEWSAUDITED RESULTSTHOMAS WYATT NIGERIA PLC: Audited Results: Year Ended March 31, 2012 shows-Turnover 31/03/2012 N122.345m 31/03/2011 N136.062m. (Loss)/Profit before Tax 12(N26.544m) 11 (N24.566m) (Loss)/Profit after Tax 12 (N27.774m) 11 (N30.140m) Net Assets12 N127.632m 11 N155.406m. Corporate Actions: NilMTI PLC: Audited Results: Year Ended December 31, 2011 shows- Turnover 31/12/2011N1.143b 31/12/2010 N660.372m (Loss) After Tax 11 (N551.678m) 10 (N1.260b) Net Assets 11(N640.615m) 10 (N88.937m). Corporate Actions: NilUNION HOMES REAL ESTATE INVESTMENT TRUST: Audited Results: (Year EndedNovember 30, 2011) shows- Investment Income 31/11/2011 N900.966m 30/11/2010 N590.663mNet Income after Taxation 11 N474.285m 10 N187.421m Total Net Assets 11 N13.647b 10N13.175b. Corporate Actions: NilUNAUDITED RESULTS:UNION HOMES REAL ESTATE INVESTMENT TRUST: Unaudited Results: Q3 Ended August,2012 shows- Interest Income 31/08/2012 N94.286m 31/08/2011 N66.848m Amount Available forDistribution 12 N101.897m 11 N97.994m Net Assets 12 N13.851b 11 N13.501b.For Further Inquiries Contact: Market Operations DepartmentPage 4

WEEKLY REPORTROYAL EXCHANGE PLC: Unaudited Half-year Results for Period Ended June 30, 2012shows- Gross Premium Earned 30/06/2012 N3.432b 30/06/2011 N2.902b Profit/(Loss) After Tax12 N224.858m 11 N239.579m Net Assets 12 N9.675b 11 N9.322b.UNION BANK OF NIGERIA PLC: Unaudited Half-year Results for Period Ended June 30, 2012shows- Gross earnings 30/06/2012 N57.297b 30/06/2011 N66.507b Profit/(Loss) before Tax 12N12.460b 11 (N61.577b) Profit/(loss) for the period 12 N16.139b 11 (N40.297b) Net Assets12 N231.810b 11 N192.339b.ASHAKA CEM PLC: Unaudited Q1 Results: Period Ended March, 2012 shows- Revenue31/03/2012 N6.160b 31/03/2011 N4.918b Profit/(Loss) after Tax 12 N1.261b 11 N532.700m NetAssets 12 N20.308b 11 N19.047b.COMPANY FORECASTSSTUDIO PRESS (NIG) PLC: FORECAST (Q4: October - December, 2012) - Revenue N1.975bProfit (Loss) before Tax N20.995m Taxation (N5.369m) Profit (Loss) after Tax N15.626m.LEARN AFRICA PLC: FORECAST (Q4: October - December, 2012) - Revenue N3.100b Profit(Loss) before Tax N315.327m Taxation (N100.905m) Profit (Loss) after Tax N214.422m.AFROMEDIA PLC: FORECAST (Q1: October - December, 2012) - Turnover N649.065b Profit(Loss) before Tax N29.916m Forecast Income Tax (N8.975m) Profit (Loss) after TaxN20.941m.DN MERYER PLC: FORECAST (Q4: October - December, 2012) - Net Turnover N556.906mProfit before Tax N39.223m Forecast Income Tax (N1.114m) Profit (Loss) after Tax N38.109m.LINKAGE ASSURANCE PLC: FORECAST (Q4: October - December, 2012) - Gross PremiumN3.088b Profit (Loss) before Tax N989.936m Forecast Income Tax (N179.988m) Profit (Loss)after Tax N791.948m.REPORT ON THE OTC MARKET FOR FGN BONDSA turnover of 229.837 million units worth of N247.305 billion in 984 deals were recorded this week incontrast to 208.049 million units worth N214.120 billion in 1153 deals recorded in the precedingweek ended September 21 st , 2012. (See the Table below):Summary of FGN Bonds Traded Through OTC during the WeekSECURITIES TRADES VOLUME CONSIDERATIONFG9B2022S1 457 64,064,000 75,999,525,909.39For Further Inquiries Contact: Market Operations DepartmentPage 5

WEEKLY REPORTFG9B2017S2 271 56,337,000 62,913,145,644.64FG9B2019S3 120 31,100,000 36,114,062,353.65FG8B2014S1 75 24,560,000 23,746,026,546.04FG7B2015S2 18 19,210,000 16,735,147,748.62FG7B2013S1 4 17,450,000 17,152,724,770.00FG6B2019S4 28 10,076,000 7,874,422,339.76FG5B2013S4 1 2,900,000 2,923,153,600.00FG4B2014S3 1 2,200,000 2,250,250,200.00FG7B2030S3 6 1,500,000 1,182,481,956.52FG5B2018S2 3 440,000 414,435,445.65TOTAL 984 229,837,000 247,305,376,514.27OTHER COMPANY NEWSTRANSNATIONAL CORPORATION OF NIGERIA PLC - Transcorp Consortium Wins UghelliPlant BidThe Company notified The Exchange that, following the commercial bids opened by the Bureau ofPublic Enterprises (BPE) for the Ughelli Power Plant, Transcorp Consortium (consisting ofTransnational Corporation of Nigeria Plc., Woodrock Symbian, Medea, PSL and Thomassen) hassuccessfully won the bid for the plant.This development enables the company to further deepen its commitment towards creating value forall its stakeholders. Its commitment and dedication to creating a world-class and formidable powerenterprise in Nigeria, sequel to this enormous achievement, will surely contribute to theimprovement of power generation in Nigeria for the good of every Nigerian.OANDO PLC- PRESS RELEASEOando Plc. announced its intentions to raise N35 Billion through a Rights Issue. Oando plans toraise N35 Billion through a Rights Issue and this will constitute one of the key steps in the Group’sstrategy to re-enforce its balance sheet, reduce debt, strengthen its long term financing capacity,whilst placing Oando in a position to better execute its Upstream growth aspirations.The Offer is expected to commence in the fourth quarter of this year and is subject to approval ofthe Securities & Exchange Commission. Oando Plc last accessed the capital market in a N21BillionRights Issue exercise in 2010 during the economic downturn. The exercise was a great success andwas oversubscribed by 28%.For Further Inquiries Contact: Market Operations DepartmentPage 6

WEEKLY REPORTDetailed information on the Press Release can be found on the NSE website.WAPIC INSURANCE PLC - Change of Company Name:Intercontinental WAPIC Insurance Plc. was changed to WAPIC INSURANCE PLC in TheExchange’s Daily Official list on 26 th September 2012.For Further Inquiries Contact: Market Operations DepartmentPage 7