NAIROBI STOCK EXCHANGE

On monday 9th June 2008, the NSE marked historic milestone in East and
Central Africa by listing Safaricom Ltd. Safaricom listing increased
the number of listed issued shares from 15 billion to 55 billion
(Safaricom Ltd has 40 billion listed shares) and helped NSE's market
capilization to cross a trillion mark to 1.28 trillion. The number of
CDS accounts stands at over 1.8 million. For the first time, the NSE
number of transaction hit a new high of 11,000 in a single day.

NSE has undergone a lot of modernization since inception in 1954.
These include transition from "call over" Trading System to "Open
Out-Cry" Trading System, introduction of Central Depository and
Settlement Corporation (CDSC) and elimination of paper certificates,
installation of the Automated Trading System (ATS) which replaced the
manual trading and recent implementation of the Wide Area Network
(WAN) that enabled stockbrokers, investment banks and data vendors to
trade and deal with the market from their offices.

Using the ATS and WAN, NSE commenced data vending business as an
additional revenue stream. There are seven local and one international
datd vendors authorised to distribute NSE LIVE trading data. The NSE
has over 10 data vending products on offer on a subscription basis.
Investors can also make all their queries to the NSE on an SMS service
using the short code 8040.

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