Presented by:

Aigboje Aig-Imoukhuede (Group CEO Access Bank PLC)

October 4, 2012

Nigeria:

Africa’s # 1 Investment Destination

4 Reasons why you must invest in Nigeria

Africa’s Largest “Single Market”

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One of the 10 Fastest Growing Economies in the World

Nigeria’s is one of the N11 countries with a GPD growth rate of 7.2%2

Nigeria ranks as the 10th largest mobile telephoning market3 and 11th in internet

penetration globally

Robust Macroeconomic Indicators

Gross External reserves as at Sept. 5, 2012 stood at $41.8b up 18% QoQ and 27% YoY

Stable local currency driven by strong focus on FX management

Debt to GDP ratio is relatively stable at 17.9%4

Autonomous Central Bank

Inflation at 10.1% but in check and relatively stable

Steady Improvement in governance & rule of law

Uninterrupted democratic governance since 1999

Executive arm enabling conduct of fair elections

Empowered media and civil society

1 Youth is 15-24 years with a national2 The Economist Intelligence Unit 3 NCC Statistics4 Debt to GDP ratio was 17.8% in 2010 and 17.6 in 2011

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3

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One out of every four African consumers is a Nigerian

Largely homogenous in taste and preference

Nigeria’s youth1 population is estimated to rise from 35 million today to 43 million by 2020

Trends in the Nigerian Banking Sector

Consolidation (1st wave)

Regulator-driven Consolidation (minimum capital requirement of N25bn)

Emergence of 24 banks from previous 89

Liquidity / Solvency Crisis

Industry crisis triggered by global eventsStock market collapse; significant increase in NPLsCBN Assessment of Banks (liquidity, capital adequacy & corporate governance) and subsequent intervention

A New Era of Competition

Enhanced competition (potential new foreign entrants, larger banks with increased capacity post consolidation)

Push for profitability and earnings sustainability

2005

2007

2009

2011

2012>

Major Regulatory Reforms / Consolidation (2nd wave)

M&As, nationalisation of banksImproved regulatory oversight, greater co-ordination amongst regulatorsDivestment from non-banking businesses

Dramatic Expansion

Drive to increase capital baseExpansion to other African countriesIncreasing exposure to capital market

Top 5 Banks as at 2012

Top 5 Banks as at 2005

Source: Agusto Banking Industry Reports; Access Bank analysis

Nigeria = $386mEurope = $60,100m

Nigeria = $920mEurope = $75,126m

Nigeria = $673mEurope = $34,315m

Nigeria = $1,601mEurope = $52,574m

TOP 5 BANK PROFIT BEFORE TAX (PBT) COMPARISON

5 Year CAGR ((‘05 – ’11) Nigeria = 23% Europe = -2%

Ranked top 20 in Africa and top 5 in Nigeria

Rated by Fitch, S&P and Agusto

Operates in the UK and 5 African markets

FT/IFC Sustainable Bank of the Year for Africa and Middle East

4

Pick the right banking partner

Sustainable Banking for a Sustainable Future