Changes to the 2008 Financial Year End and Interim Reporting

22 April 2008

Following a CBN Bankers’ Committee resolution passed on 11 January 2008, all Nigerian banks are required to adopt a uniform financial year-end of 31 December. Consequently, UBA’s next financial year will end on 31 December 2008 – a 15-month period. We are mindful that 15 months is a long-time between accounts and are striving for best-practice in IR. Consequently we intend to prepare audited accounts for the 6-months ended 31 March 2008.

However, the audit process takes some time and these results won’t be available until mid-May.

KEY INVESTOR CONTACT
If you have any queries in relation to this matter, please address them to:
David Ellis, Head of Investor Relations
Head of Investor Relations
United Bank for Africa Plc
E: david.ellis@ubagroup.com