YEAR END 31 DECEMBER 2008 (AUDITED)
JAPAULOIL AND MARITIME SERVICES PLC, PERIOD 31-12-2008

TURNOVER 08 N3.971b, 07 N2.328b

PBEFORE TAXATION 08 N1.011b, 07 N477.327m TAXATION 08 (N330.246m)07 (N99.212m)

PATAXATION 08 N681.423m, 07 N378.115m

BAL SHEET INFO 08 N14.471b, 07 N2.649b

STOCK 08 N205.071m, 07 N304.660m TRADE DEBTORS 08 N1.126b, 07 N1.294b

CASH & BANK BAL 08 N1.569b, 07 N246.882m OTHER DEBIT BAL 08 N6.080b, 07 N384.768m

TRADE CREDITS 08 N612.070m, 07 N244.167m SHORT TERM BORROWINGS 08 N106.602m, 07 N1.196b OTHER CREDIT BALANCES 08 N196.570m, 07 N200.568m WORKING CAPITAL 08 N1..985b, 07 N439.873m

NET ASSETS 08 N20.995b, 07 N1.531b

PROPOSED DIVIDEND 7 KOBO

AGM MAY 18TH 2009

CLOSURE OF REGISTER MAY 4TH 2009

PAYMENT DATE MAY 25TH 2009

JAPAULOIL PLC PERIOD 30-06-2009 FORECAST

PROFIT AND LOSS ACCOUNTS INFORMATION

TURNOVER 09 N3.068b,

PBTAXATION 09 N1.060b

FORECAST TAX 09 (N159m)

PATAXATION 09 N901.185m


JAPAULOIL closed down -0.070 at 1.520. Volume was 44% below average (neutral) and Bollinger Bands were 65% narrower than normal.



Open High Low Close Volume___

1.590 1.590 1.520 1.520 2,256,429



Technical Outlook

Short Term: Oversold

Intermediate Term: Bearish

Long Term: Bearish



Price Trend Report:5 Moving Average: Current price is below 5-period moving average: 1.61

21 Moving Average: Current price is below 21-period moving average: 1.66

LSQ Analysis: Current price is -80% below its price trend.

Bollinger Band Analysis: Price Volatility: Decreasing (Sharp move); Price Trend: Down.

Hurst Trend Analysis: Hurst Exponent: 1.0000, current trend will continue



--------------------------------------------------------------------------------

Technical Indicators Report: Value Tips

RSI 47.6

MACD -0.0

MTM -4.4

ADX 31.4 Not in trend, or trend is weakening.

CCI -34.1

DMI 19.8; 27.6

K%D 15.9; 32.6 Market is in down trend.

NVI 14.8

OBV -183309.9

PVI 47.3 Price isnt likely to rise.



--------------------------------------------------------------------------------

Price Direction(short term): Up Trend.