Nation Media Group

Nation Media Group

P.O. Box 49010 - 00100 GPO, Nairobi

+254-02-328000

www.nationmedia.com

Nation Media Group - Nation Builder
August 2011, Issue 16
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Word from Mr Linus Gitahi, C.E.O

C.E.OA Strong Six Months Performance

Dear Shareholders,

Last week the Group released its unaudited half-year group results for the six months to 30th June 2011.  The Group delivered a turnover of Kshs.5.1 billion up 15.2% over same period in 2010. Profit before tax of Kshs.1.1 billion jumped 25.1% over 2010. These are good results especially if contrasted against a difficult trading period characterized by high inflation and inputs costs. As shareholders you will be gratified that the board of directors has resolved to declare an interim dividend of Kshs.1.50 for the period on the issued share capital. The total dividend payout will amount to Kshs.235.7 million which is the same as the half-year payout in 2010.

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NMG HAILED FOR ITS MARKET DOMINANCE DURING NMG AND KIM INTER-COMPANY VISIT

Following Nation Media Group’s (NMG) auspicious win during last year’s Company Of The Year Awards (COYA), the company was at it again this time hosting the award organizers the Kenya Institute of Management (KIM) to a hearty breakfast at the Nairobi Serena on July 19 2011.

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KILICLIMB: CLIMBING MT. KILIMANJARO TO FIGHT HUNGER

Want to gear up for an adventure in aim of raising Ksh. 60 million to aid starving Kenyans? Then get your gear packs ready because Nation Media Group in conjunction with the East African Breweries Limited (EABL) and the Standard Chartered Bank (Save A Life Campaign) are gearing up for a journey up Mt. Kilimanjaro.

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MPL TAKES TIME TO REMEMBER JULY 11 BOMB BLAST VICTIMS

Members of staff at Monitor Publications Limited (MPL) joined the rest of Ugandans in commemorating those that were killed during last year’s twin bomb blasts at Kyandondo. The July 11 2010 blasts took place as Uganda was gearing up to watch the final World Cup match between Spain and Holland, moments before Spain lifted the trophy.

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