investment development communications Mobilizing Global Capital Flows to African Exchanges Prepared for the ASEA Conference October 2007

About us Africa investor is specialist investment research and communications firm providing services from Lagos, Johannesburg, Cairo and London We were established to shed light on economic opportunities in Africa to global investors We are advised by a board of investment experts and work at the intersect of business, government, media and civil society We publish Africa investor magazine, Ai.com and provide research and investor relations/ financial PR to blue chip African clients and global investors

Challenges expressed by global investors Access to information –Bloomberg and Reuters cover less than 50 per cent of the market –Listed companies need to improve frequency and quality of reporting –African Stock Exchanges need to raise their profile –The quality, quantity and availability of research and data needs to be addressed –Liquidity and settlement remains an issue “Information does not come to you –you need to go out and get it” John Niepold, Emerging Markets LLC

What we are doing –Africa investor Index Series “Ai’s recently launched benchmark can help attract attention to African equities” Shilpa Patel, IFC Ai 100 –informational: what is happening across a broad range of markets Ai40 –Investable: includes companies we consider investable to the international portfolio investor by virtue of their size and liquidity

Valuation: weighting factors based on market capitalisation Ai 40 (5 Jan 07) Ai 100 (5 Jan 07) How it works 1.Companies are ranked in order of market capitalisation 2.Weighting based on position in ranking 3.Weighting Ranges: 0.5 to 7% (Ai 40) 0.2 to 5% (Ai 100)

Ai newswire – support to corporate reporting A web based news distribution service assisting African companies to secure international media coverage Reaches analysts, fund managers, the news media, the investment community, government decision- makers, and the general public.

Distribution Comtex Factiva FT.com LexisNexis MarketWatch NewsTex ProQuest Thomson Gale Thomson West TrackData

Ai index Awards – supported by ASEA 8th June 2007, London Stock Exchange Categories –Most Innovative African Stock Exchange –Best Performing Ai 100 company –Best Performing Ai 40 company –Best Africa Research Team –Best Africa Fund Manager –Best African IPO –Best Africa Investment Bank of the Year –Best Broker of the Year (new) –Most Innovative Regulator of the Year (new)

Ai Index Series Conference & Awards The 2008 ceremony will take place at the NYSE September 15 An opportunity to showcase AfricaPLC to global investors and the international financial media NYSE have undertaken to deliver Wall Street at its most senior.

1.Support Exchanges in their move towards electronic trading 2.Support brokers connect to Exchanges and the global investing community MPN Highlight Delivering Global Liquidity

A NEW PARTNERSHIP TO DELIVER GLOBAL LIQUIDITY TO AFRICA SIGNED AT THE JSE 25 OCTOBER 2007 MPN Highlight Africa investor Marco Polo Network

The execution platform to Global Emerging Markets. Speed, security & competitive pricing. Marco Polo Network (“MPN”) currently has the most extensive global electronic footprint in the world. MPN allows transparency and low transaction costs. Single point of connection. Complete audit trail of the transactions. MPN Highlight Marco Polo Network

Client  Neutral, Global Electronic Connectivity and Order Routing Services  Leader in Global Emerging Markets (“GEM”) Automated Trading  Asset Class Supported: - Equities - Traded Derivatives - Foreign Exchange  Currently Offers Electronic Connections to Leading Brokers in over 40 Developed and Emerging Markets  24 X 6 support services ASIA AMERICAS AFRICA MPN Overview Broker Exchange Broker Exchange Broker Exchange Marco Polo Network TradeTraveller TM

MPN – Network & Services TradeTraveller TM Service Desk 24 X 6 staffing Exception management tools Global trading experience Static data support Technical issue resolution Connectivity monitoring Proactive client reporting Order Management Market rules validation Content enrichment Market hours store and forward Execution validation Exceptions Management Order Capture Counterparty validation Order Validation FIX version normalization FIX version translation Local Broker Execution TradeTraveller TM FIX VPN / Radianz, etc Client

MPN – Value Added Service Highlights FIX Translation TradeTraveller™ supports multiple FIX versions and the differences between them. Client can continue to use their current FIX implementation and TradeTraveller™ will translate message formats and structures as required to the preferences of the local broker. FIX Certification Client will test once with TradeTraveller™ to gain access to all brokers; subsequent changes by a broker to its OMS or its FIX interface will not impact Client. Reference Data TradeTraveller™ maintains a proprietary reference database including message preferences of each party, details of each market and the securities within them. This minimizes the changes required by each party in identifying securities using local conventions. Secure Messaging Marco Polo is a member of the Radianz™ network. Marco Polo also offers its own secure low cost VPN connectivity to local brokers. The Marco Polo VPN service which is monitored 24/6 and maintained remotely, provides significantly lower communication costs in GEM trading. Support Desk TradeTraveller™ trade support desk provides 24/6 monitoring of all trade flows. The trade support desk proactively communicates to traders and brokers any delays or exceptions that cannot be resolved through electronic messaging. The TradeTraveller™ service desk is managed out of New York and Bangalore. Practical and Cost Effective TradeTraveller™ does not require the installation of any additional software within the Client environment thereby eliminating Client support costs and software maintenance charges.

MPN – Trading/Execution Options Client Cash EquitiesDMAProgram Trading Local Emerging Markets ELECTRONIC ACCESS Execution instructions Speed Audit trails Fill information Speed No touch “Low touch”* * “Low Touch” refers to situations where local regulations require brokers to “see and release” trades. MPN Connectivity Supports a Wide Range of Trading/Execution Options Including Direct Market Access as well as “Managed Flows”

MPN – Connection Ease Ease of Connectivity Change Required NoneMinimal Current Technology Infrastructure Business Practices & Procedures Existing Broker Network Implementation Resources Implementation Costs Resources Required to Implement New Clients 1 CONNECTION = GLOBAL CAPITAL FLOWS

THANK YOU FOR YOUR ATTENTION HUBERT DANSO & PETER JARDINE MPN Highlight Africa investor Marco Polo Network