AGM

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 42nd Annual General Meeting of members of FIRST BANK OF NIGERIA PLC will be held at the Congress Hall, Transcorp Hilton, No 1, Aguiyi Ironsi Street, Maitama, Abuja on Thursday 2 June 2011 at 11.00 am to transact the following:

Ordinary business:

To receive the audited accounts for the year ended 31 December 2010 together with the reports of the Directors, Auditors and AuditCommittee thereon;
To declare a dividend;
To elect Directors;
To approve the remuneration of Directors;
To approve the appointment of one of the Joint Auditors;
To authorise the Directors to fix the remuneration of the Joint Auditors; and
To elect members of the Audit Committee.

Proxy

A member entitled to attend and vote at the Annual General Meeting is entitled to appoint a Proxy to attend and vote in his stead. A Proxy need not also be a member. A proxy form is at the end of the financial statements. All instruments of proxy should be duly stamped at the Stamp Duties Office and deposited at the registered office of the Company or the Office of the Registrar, Plot 2, Abebe Village Road, Iganmu, Lagos not later than 48 hours before the time for holding the meeting.

Dividend warrants

If the dividend recommended by the Directors is approved by members at the Annual General Meeting, the dividend warrants will be posted on 6 June 2011 to members whose names appear in the register of members at the close of business on Friday 29 April 2011.

Closure of register of members

The register of members and transfer books of the Company will be closed from 9 to 13 May 2011 (both dates inclusive) for the purpose of payment of dividend.

Note

Any member may nominate a shareholder as a member of the Audit Committee by giving notice in writing of such nomination to the Secretary of the Company at least 21 days before the Annual General Meeting.