OWNERSHIP (SHAREHOLDERS) OF THE FIRM

The share holdings in the Company are as follows:-

(A) FINANCIAL CONSTRUCTION AND CONSULTANCY LIMITED CHANNEL ISLANDS (U.K.) 40.00%

(B) NEW NIGERIA DEVELOPMENT COMPANY LIMITED (N.N.D.C.) 11.29%

(C) INDIVIDUAL NIGERIAN CITIZENS AND OTHERS 24.32%

(D) THORBURN INVESTMENT (NIGERIA) LIMITED 14.39%

(E) STAFF OF NIGERIAN LIFE & PENSIONS CONSULTANTS LIMITED 10.00%

SOME INDIVIDUAL NIGERIAN SHAREHOLDERS:

> CHIEF F. R. A. & MRS Y. O. MARINHO

> CHIEF C. S. SANKEY

> ALHAJI M. L. HUSSAINI

> CHIEF JEROME UDOJI

> THE ESTATE OF DR. SABURI O. BIOBAKU

> DR. S. A. ALAO

> MR. A. A. ADEYEYE

> THE ESTATE OF CHIEF A. A. OMIYALE

> CHIEF AJIBOLA OGUNSHOLA