LAFARGE CEMENT WAPCO NIGERIA PLC, UNAUDITED FIRST QUARTER ENDED 31ST MARCH 2008

TURNOVER        08 N11.030b,    07 N9.525b

PBT                    08 N2.290b,     07 N3.111b

TAXATION        08 (N344m)       07 (N467m)

PAT                  08 N1.946b,      07 N2.644b

NOTE: OPERATING PROFIT WAS ADVERSLY IMPACTED BY INCREASED COST OF SALES AS A RESULT OF THE USE OF IMPORTED CLINKER.THE IMPORTED CLINKER BECAME NECESSARY IN ORDER TO LIMIT THE IMPACT ON PROPOFITABILITY.SINCE MID-MARCH 2008 NATURAL GAS SUPPLY TO OUR PRODUCTION FACITILIES HAS BEEN STABLE.