Suspension from Foreign Exchange Transactions — CBN — NG

Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja

Tel: 09-61637804 Fax: 09-61637802 November 15, 2006 E-mail address:ted@cenbank.org

TED/FEM/GEN/FPC/01/03 All Authorised Dealers and The General Public SUSPENSION FROM FOREIGN EXCHANGE TRANSACTIONS This is to inform all Authorised dealers that the following companies have been suspended from foreign exchange activities until further notice.

Pan Fedan Marble and Granite Company Ltd. RC. 85977 71, Awolowo Road, S.W. Ikoyi 2. Integrated Reality Limited RC. 137745 71, Awolowo Road, S.W.

Ikoyi 3. Fezel Nigeria Limited
71, Awolowo Road, S.W. Ikoyi Furthermore, Authorised Dealers are hereby directed to forward to the Director, Trade and Exchange Department details of all foreign exchange transactions by the affected companies since January 2005 to date using the following format.

Name of company - Form "A' or "M" - Value
Purpose
Beneficiary
Date of transaction - SWIFT message date.

In addition, copies of the Mandate cards, Account Opening Forms, MEMART and documents relating to all transactions and accounts of the above companies and their related companies should also be forwarded. Accordingly, all foreign exchange transactions which remain outstanding or will fall due are thus ineligible for remittance without the prior approval of the Central Bank of Nigeria.

All Authorized Dealers are to ensure that the returns are made available not later than Friday 17th November 2006.

O. O. AKANJI (Mrs.) DIRECTOR TRADE AND EXCHANGE DEPARTMENT