Bankers Warehouse currently specializes in Cash-In-Transit and will commence Currency Sorting and Cash management Operations in May/ June 2010, keeping in line with global trends in the industry as a whole. Our Company plans to commence air transportation of currencies and treasure goods before the end of 2010. We shall begin to provide guarding services in 2011 as a separate service.

The changed and increased demands on security have led to significant changes within the security industry. A few decades ago, security was just one of many services at a time when "multi-service" and "conglomerate" were common buzz words. However, no one can be the expert on everything, which is why the specialized and focused security industry has developed. Furthermore, ever-more stringent customer demands have accelerated the industry's consolidation into fewer, larger international security suppliers.

In the first step of this process, conglomerates and multi-service operations withdrew from the security scene. Now, the concentration is continuing and we can see the different lines of business within security separate from each other. As a result, guarding systems (of various types and sizes), and cash handling are becoming increasingly separate activities.

Bankers Warehouse Limited was incorporated on the 30th day of April, 2002 to undertake the business of Cash/Asset-in-Transit; Guarding; Electronic Security; Hi-Tech Security Products; Aviation Security; Risk Assessment; Fire Prevention/Protection and related services. The Company's Authorized Share Capital is N3, 000,000,000 made up of 6,000,000,000 ordinary shares of N.50 each. Presently, the Issued and Paid-up capital is N1, 969,436,000 made up of and 3,938,872,000 shares of 50k each.