KENYA PETROLEUM REFINERIES LTD.

Galaxy Oil commenced business on the in 2003. It has followed an innovative development-growth oriented market strategy that has seen its impact and presence on the market translate into volume and market share gains: currently Galaxy Oil controls 2.0% of the total market worth on average 6,000,000 litres monthly. Vision To develop itself into being among the best Oil Marketing Companies in Ghana, competing on equal terms and strengths with majors such as GOIL, Shell and Total. Mission To be the company of first choice by the average motorist and the general public. Galaxy Oil is involved in both the retail and commercial trade in oil products selling typically various petroleum fuels (white and black fuels as well as LP Gas) and lubricants. The initial emphasis had been the retail trade but lately in line with our business growth and marketing strategy, we have begun consistent and significant direct supplies and sales into the Marine, Transport and Manufacturing/Processing segments of the market. The Company is currently the market leader in the marine fuel (MGO) supplies occasionally swapping first and second positions with Ghana Oil Company Limited (GOIL). RETAIL BUSINESS The goal of our market development strategy for the retail business is to create a sustainable growth platform which is core customer/network focused and of a high Average Throughput Per Site (ATPS) orientation. BUSINESS MODEL Our preferred business model on which our branded network is being developed is Company Control and Company Operation of a planned network of high ATPS prime sited retailing sites that afford us control of the integrated sales margin to facilitate easier deployment of modern site operations and business management techniques among others. It is intended that not less than 50% of the branded network would be company-operated outlets, 30% would be dealer-owned and operated and the remainder 20% would be company owned but dealer operated. The proposed network profile to be realized within the next 5 years is set out below. Complimentarily, it is worthy of note to highlight our growth forecast that our industry market share will appreciate from the current 2% to more than 4% within the 5-year time span.

Galaxy Oil commenced business on the in 2003. It has followed an innovative development-growth oriented market strategy that has seen its impact and presence on the market translate into volume and market share gains: currently Galaxy Oil controls 2.0% of the total market worth on average 6,000,000 litres monthly. Vision To develop itself into being among the best Oil Marketing Companies in Ghana, competing on equal terms and strengths with majors such as GOIL, Shell and Total. Mission To be the company of first choice by the average motorist and the general public. Galaxy Oil is involved in both the retail and commercial trade in oil products selling typically various petroleum fuels (white and black fuels as well as LP Gas) and lubricants. The initial emphasis had been the retail trade but lately in line with our business growth and marketing strategy, we have begun consistent and significant direct supplies and sales into the Marine, Transport and Manufacturing/Processing segments of the market. The Company is currently the market leader in the marine fuel (MGO) supplies occasionally swapping first and second positions with Ghana Oil Company Limited (GOIL). RETAIL BUSINESS The goal of our market development strategy for the retail business is to create a sustainable growth platform which is core customer/network focused and of a high Average Throughput Per Site (ATPS) orientation. BUSINESS MODEL Our preferred business model on which our branded network is being developed is Company Control and Company Operation of a planned network of high ATPS prime sited retailing sites that afford us control of the integrated sales margin to facilitate easier deployment of modern site operations and business management techniques among others. It is intended that not less than 50% of the branded network would be company-operated outlets, 30% would be dealer-owned and operated and the remainder 20% would be company owned but dealer operated. The proposed network profile to be realized within the next 5 years is set out below. Complimentarily, it is worthy of note to highlight our growth forecast that our industry market share will appreciate from the current 2% to more than 4% within the 5-year time span.

NIMC (Pty) LTD and Bunker Logistics (Pty) LTD

We recognize our responsibilities to the safety and health of the environment, our customers, our employees and the local community. We are committed to comply with all relevant environmental, health and safety legislation at local, regional, national and global levels. It is of utmost importance to continually improve environmental performance through appropriate initiatives, controls, and the training of employees, contractors and customers. Our aim is to minimize adverse impacts on the environment and to protect the population without compromising the integrity of our products and service.

We recognize our responsibilities to the safety and health of the environment, our customers, our employees and the local community. We are committed to comply with all relevant environmental, health and safety legislation at local, regional, national and global levels. It is of utmost importance to continually improve environmental performance through appropriate initiatives, controls, and the training of employees, contractors and customers. Our aim is to minimize adverse impacts on the environment and to protect the population without compromising the integrity of our products and service.

We recognize our responsibilities to the safety and health of the environment, our customers, our employees and the local community. We are committed to comply with all relevant environmental, health and safety legislation at local, regional, national and global levels. It is of utmost importance to continually improve environmental performance through appropriate initiatives, controls, and the training of employees, contractors and customers. Our aim is to minimize adverse impacts on the environment and to protect the population without compromising the integrity of our products and service.

We recognize our responsibilities to the safety and health of the environment, our customers, our employees and the local community. We are committed to comply with all relevant environmental, health and safety legislation at local, regional, national and global levels. It is of utmost importance to continually improve environmental performance through appropriate initiatives, controls, and the training of employees, contractors and customers. Our aim is to minimize adverse impacts on the environment and to protect the population without compromising the integrity of our products and service.

We recognize our responsibilities to the safety and health of the environment, our customers, our employees and the local community. We are committed to comply with all relevant environmental, health and safety legislation at local, regional, national and global levels. It is of utmost importance to continually improve environmental performance through appropriate initiatives, controls, and the training of employees, contractors and customers. Our aim is to minimize adverse impacts on the environment and to protect the population without compromising the integrity of our products and service.

The National offers a comprehensive range of passenger motor oils to meet the demands of all types of European, Japanese and American engines, tested in the most severe conditions around the world. The National Oil Corporation of Kenya Limited was incorporated in 1981 under the Companies Act (Cap 486). The company's main objective then was to coordinate oil exploration (upstream) activities. In 1988 the company was mandated on behalf of the government to supply 30% of the country's crude oil requirements that would in turn be sold to oil marketing companies for refining and onward sale to consumers. However after de-regulation of the oil industry in 1994 the company lost that mandate, and had to formulate new survival strategies that saw it’s entry into downstream operations.National Oil offers a comprehensive range of passenger car motor oils covering the demands of all types of European, Japanese and American car Engines. They are tested against the most severe conditions of engines around the world.The following are the brands we have in National:PETROL ENGINE OILSDIESEL ENGINE OILSTWO STROKE ENGINE OILSTRACTOR OILSAUTOMOTIVE GEAR AND TRANSMISSION FLUIDSSUPERIOR HYDRAULIC OILSINDUSTRIAL OILSGREASESOur retail network comprises of 24 fully fledged service stations under the National brand name and truck loading facility. National Oil’s flag bearer is Embakasi petrol station located off Outering Road a few kilometers from Jomo Kenyatta International Airport. The spacious station with ample parking space has a tyre care center, full car service with specially blended high quality lubricants and car wash. The restaurant offers a variety of affordable Kenyan delicacies and is definitely a choice of many.

The National offers a comprehensive range of passenger motor oils to meet the demands of all types of European, Japanese and American engines, tested in the most severe conditions around the world. The National Oil Corporation of Kenya Limited was incorporated in 1981 under the Companies Act (Cap 486). The company's main objective then was to coordinate oil exploration (upstream) activities. In 1988 the company was mandated on behalf of the government to supply 30% of the country's crude oil requirements that would in turn be sold to oil marketing companies for refining and onward sale to consumers. However after de-regulation of the oil industry in 1994 the company lost that mandate, and had to formulate new survival strategies that saw it’s entry into downstream operations.National Oil offers a comprehensive range of passenger car motor oils covering the demands of all types of European, Japanese and American car Engines. They are tested against the most severe conditions of engines around the world.The following are the brands we have in National:PETROL ENGINE OILSDIESEL ENGINE OILSTWO STROKE ENGINE OILSTRACTOR OILSAUTOMOTIVE GEAR AND TRANSMISSION FLUIDSSUPERIOR HYDRAULIC OILSINDUSTRIAL OILSGREASESOur retail network comprises of 24 fully fledged service stations under the National brand name and truck loading facility. National Oil’s flag bearer is Embakasi petrol station located off Outering Road a few kilometers from Jomo Kenyatta International Airport. The spacious station with ample parking space has a tyre care center, full car service with specially blended high quality lubricants and car wash. The restaurant offers a variety of affordable Kenyan delicacies and is definitely a choice of many.

As a subsidiary of the multinational corporation Engen Petroleum Ltd, Engen Kenya is engaged in commercial and retail marketing of petroleum products and lubricants.

As a subsidiary of the multinational corporation Engen Petroleum Ltd, Engen Kenya is engaged in commercial and retail marketing of petroleum products and lubricants.

As a subsidiary of the multinational corporation Engen Petroleum Ltd, Engen Kenya is engaged in commercial and retail marketing of petroleum products and lubricants.

KENYA PETROLEUM REFINERIES LTD.

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