CONTINENTAL INSURANCE YEAR END RESULTS (2007)

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2 May 2008

CONTINSURE: YEAR END DEC 31 2007

PERIOD                             2007           2006
NON-LIFE REVENUE         332.34M      95.90M
LIFE REVENUE                   11.50M       12.50M
PBT (Nm)                          818.46M      220.74M
TAX (Nm)                         141.73M      78.991M
PAT (Nm)                         676.69M      135.791M
S/outstanding ( billion) 10.37 Proposed Dividend per Share = N0.05k
EPS (naira) 0.07
Closure date = May 19 to 22, 2008
P/E Ratio (times) 64.38
Payment Date = June 5, 2008
21st AGM of the Company will be held at Golden Gate Resturant, Ikoyi in May 22, 2008 at 11.00am

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