Dear Investor,

Welcome to the World of ABC

It gives me great pleasure to invite you to take a closer look at the company popularly known as ABC Transport. Chances are you already know us. We still believe that there is the need to formally share our world with you because our operations are more diverse than ABC.

Associated Bus Company Plc, operators of ABC Transport, is a provider of scheduled intercity luxurious bus transportation, covering more than 100 destinations in Nigeria and West Africa , including cities like Accra , Lome and Cotonou .

Strategic planning has led to a diversification of operations to cover parcel and cargo services, tourism packages, petty cash services and budget accommodation at major terminals. It should, therefore, not surprise you to be informed that the mail you received through NIPOST yesterday was carried by ABC Transport.

Although Associated Bus Company Limited was established in 1993 as part of Rapido Ventures Limited, the Capital Alliance Group in 2003, through an equity-linked loan, acquired a 30 stake in our company, using funds from the International Finance Corporation, Dutch FMO and pension funds from blue chip Nigerian Companies.

Just last year, our company converted to a public limited company with an increase in share capital to 800 million naira. You can see that we are already thinking about you.

It will be my pleasure to see in the nearest future our company become your company.

We invite you to take a permanent seat; let us build West Africa 's largest transport and logistics company!

   

KEY INVESTMENT POINTS

1. Proven Performance
•  More than 12 years of successful operations in Nigeria .
•  Over 2 years operations in West Africa .
•  PBT of N199m in 2005
•  Shareholders funds of nearly N900m
•  Most Organized Road Transport Firm.
•  Most Safety-conscious Road Transport Firm

2. Ownership Diversified
•  Equity-investment from institutions like NBL, IFC, Chevron and Dutch FMO through Capital Alliance.
•  Very strong corporate governance – Ethical & Pro-active.

3. Competitive Management Synergy
•  Average industry experience of top management in excess of 12 years.

4. Varied Business
•  Subsidiaries in ABEX Courier Service
•  City Transit Inn (Hospitality).
•  Fast-growing consolidated cargo business.
•  Strong international partnerships with Capital Alliance Group, Pergah Transport, and Emperor Travels, Ghana .

5. Brand Image
•  Excellent brand image.
•  Excellent customer-friendly propensity.

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