Sterling Bank National Branch Network

10 Economic Indices Bonny Light Spot Prices FOB ($/Barrel) 160 140 120 100 80 60 40 18 16 14 12 10 8 6 4- Nigeria Consumer Price Index / Inflation Rate 2011 2010 2009 2008 20 2 0 0 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec. Nigeria Oil Supply: 5-year Range mb/d Nigerian Naira / US Dollar Average Exchange Rate 2009 2010 Range 2.7 2010 2009 2008 (2004-2009) 160 2.5 2.3 2.1 1.9 1.7 1.5 15 150 140 130 120 110 100 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec 1. Sterling Bank The one-customer bank.

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