Investor Presentaiton

| Impact on Exchange Participants . Local Brokers . 1/17/2013 Order Management Systems Adoption of FIX Implementation of Minimum Technology Standards Cost reduction by scaling up Simplicity and transparency of access by clients Development of New Business Strategies Upskilling on new products and trading techniques Global Brokers Simple connections, FIX Easier and Faster Market Access Higher Profile for Nigerian Market High volumes/low latency End Users • Mobile and flexible access to trade securities Online/Real time price transparency Online Portfolio management and valuation Out of hours order Submission Reach of the market regardless of location ange THE Nigerian STOCK EXCHANGE 11

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