Financial News

The shares of AIICO INSURANCE PLC were placed on technical
suspension today following receipt of their application for
a public offering of 2.5 billion ordinary shares at N2.20
per share.

EVANS MEDICAL PLC. released its results for Year ended
December 31, 2006. The company’s Turnover and Profit after
Tax went up by 15% and 67% respectively when compared to
the previous year. The company has declared a bonus of 1
for 10. Closure of register will be on November 23, 2007.
Full details of the released result are in the attached
report.

UNIC INSURANCE PLC. released its results for Year ended
December 31, 2006. The company’s Gross Premium went up by
39% while Profit after Tax went down by 11% when compared
to the previous year. The company has declared a dividend
of 5 kobo per share. Closure of register will be on
November 19, 2007 while payment will be from December 17,
2007. Full details of the released result are in the
attached report.

UNION HOMES PLC released its 6 months result for period
ended September 30, 2007. The Company’s Turnover and Profit
after Tax went up by 3% and 38% respectively. Full details
of the released result are in the attached report.

CHEVRON OIL NIGERIA PLC released its 9 months result for
period ended September 30, 2007. The Company’s Turnover
and Profit after Tax went up by 6% and 24% respectively.
Full details of the released result are in the attached
report.

ASSOCIATED BUS COMPANY PLC released its 9 months result for
period ended September 30, 2007. The Company’s Turnover
went up by 20% while Profit after Tax went down by 10% when
compared to the previous period. Full details of the
released result are in the attached report.