10/6/20151 Ongoing Projects CDSC Kenya… Ms. Florence Kamau COO

10/6/20152 Current Status Depository Statistics (19/10/2009) Depository Statistics (19/10/2009) -No. of CDS accounts 1,786,619 -No. of CDS accounts 1,786,619 -No. of distinct CDS accounts 1,411,112 -No. of distinct CDS accounts 1,411,112 -Total immobilized shares % -Total immobilized shares %

10/6/20153 Risk Management a) Implementation of Settlement Limits/Caps To commence in January 11,2010. To commence in January 11,2010. Each Central Depository Agent will have a maximum allowable exposure beyond which they can not be allowed to buy more securities. Each Central Depository Agent will have a maximum allowable exposure beyond which they can not be allowed to buy more securities.

10/6/20154 Risk Management Cont’d b.) Guarantee Fund Guarantee Fund contribution has been revised from a minimum initial contribution of US $ 19, to US $ 66, per Central Depository Agent.NB:1 US $= KSH Guarantee Fund contribution has been revised from a minimum initial contribution of US $ 19, to US $ 66, per Central Depository Agent.NB:1 US $= KSH 75.25

10/6/20155 Risk Management Cont’d This will result to a total amount of US $ 2,990, held by the Guarantee Fund. This will result to a total amount of US $ 2,990, held by the Guarantee Fund.

10/6/20156 Regional Integration a) Depository Services offered to Rwanda. CDSC Kenya is implementing the operational and system infrastructure to offer depository services to Rwanda Stock Exchange. CDSC Kenya is implementing the operational and system infrastructure to offer depository services to Rwanda Stock Exchange. b.) Single Central Depository. The initiatives of harmonizing the East African depositories under the East African Community Council into one are still underway. The initiatives of harmonizing the East African depositories under the East African Community Council into one are still underway.

10/6/20157 Other Sources of Revenue a.) Clearing and Settlement of debt securities. Expected to commence in November Expected to commence in November b.) Registry Services. E.g.; E.g.; IPO processing IPO processing Distribution of corporate entitlements Distribution of corporate entitlements c.) Immobilization Process. The business process is being shifted to the Registrars. The Central Depository Agents will be The business process is being shifted to the Registrars. The Central Depository Agents will be

10/6/20158 Other Sources of Revenue dealing directly with the Registrars. dealing directly with the Registrars. Expected to commence by January 31,2010 Expected to commence by January 31,2010

THANK YOU 10/6/20159