Kularaha- a little OTT with some grains of truth. Its good to be dispassionate when investing though...consider the following EA Cables only has like 20% KPLC supply contract Tanelec/Chai Bora- TZ therefore no real impact from Gen Kig heading 2 othaya Kewberg-SA ditto Development Bank of Kenya - its a small bank If recall information memorandum from the first placement,EA Cables is still the largest piece in the portfolio,,but its now an regional not Kenyan busi. So where is the political risk? Btw,Carol musyoka is a director of TC? www.mjengakenya.blogspot.com

Correction: EA Cables lost KPLC last yr. DBK is too small. RVR is an issue (hence why we need 2008 to see if TC has written down the cost similar to Centum). www.mjengakenya.blogspot.com

Wananchi....issues with cable being run on KPLC poles...anyone with an unpdate on that story? Business opportunities are like buses,there's always another one coming

Kshs ‘000Ppp Group Year ended 31 December 2004 2005 2006 2007 Revenue 1,319,088 2,156,919 4,202,271 Cost of sales (808,714) (1,379,738) (2,816,096) Gross profit 510,374 777,181 1,386,175 Profit from operations 176,582 287,709 935,931 1,190,311 Acquisition premium 41,782 386,792 Net finance costs (11,022) (68,175) (159,685) Profit before tax 176,582 318,469 867,752 1,417,418 Taxation (58,600) (83,942) (138,592) (248,477) Profit after tax 117,982 234,527 729,160 1,168,741 Attributable to: Equity holders 87,912 180,486 620,944 981,978 Minority interest 30,070 54,041 108,216 186,763 Profit for the year 117,982 234,527 729,160 1,168,741

Stonemimi- i take it the yes are those selling some of their holdings. Correct? The real clincher imho,will be the 2008 numbers bcos that is where all investment firms worldwide either had write-downs or so a seriuos downturn in profits. Wananchi was James Gachui's venture,but he hasn't held a controlling stake for a while and is now effectively been sold to Emerging Capital Partners www.mjengakenya.blogspot.com