FML has announced that there would be an Extraordinary General Meeting on Thursday, November 18, 2010 at the National Theatre at 11.00 a.m to transact the following business:

AGENDA
To consider and if deemed fit to pass the following resolutions which would be proposed as Special Resolutions:

1. That Regulation 7 of the Company’s Regulations be amended by increasing the authorized shares from 40 million ordinary shares to 200 million ordinary shares of no par value in accordance with Sections 22 and 57 of the Companies Code, 1963 [Act 179].

2. That the sum of GHS 4 million being part of the amount now standing to the credit of the Income Surplus Account of the Company be capitalized by transferring same to Stated Capital of the Company in accordance with Section 66 (i) (c) of the Companies Code, 1963 [Act 179].

3. That the Company issue bonus shares to shareholders in the ratio of 5 new shares for every 1 originally held to increase the Company’s issued shares from approximately 20 million ordinary shares to approximately 120 million ordinary shares.

4. That the Company be and is hereby authorized to buy back a total of up to 10% of its shares within two periods as follows:
i) From January 17, 2011 to February 11, 2011.
ii) From November 21, 2011 to December 16, 2011.


Issued at Accra, this 21st
day of October, 2010

TBL has announced the resignation of Mr. Bai Matarr Drammeh from the Company’s Board effective September 1, 2010.


Issued in Accra, this 21st
day of October, 2010