Notes to the Financial Statements (cont'd) - Kenya Airways

Kenya Airways Annual Report & Accounts47Shareholders Analysis as at 31 March 2010SHAREHOLDER ANALYSIS BY DOMICILEDOMICILE SHARES % HOLDERSForeign Institutions 174,467,435 37.79% 44Foreign Individuals 3,157,660 0.68% 473Local Institutions 182,636,381 39.56% 3,522Local Individuals 101,354,007 21.96% 70,967TOTAL 461,615,483 100.00% 75,006TOP 10 SHAREHOLDERSRank Name Total Shares %1. 500002 Konink Lijke Luchtvaart Maatschappij NV (KLM) 120,020,026 26.00%2. 500001 Permanent Secretary To The Treasury 106,171,561 23.00%3. 5544157 Stanbic Nominees Kenya Ltd A\C NR70001 9,525,200 2.06%4. 7484747 Barclays (k) Nominees Ltd Non Resident a/c 9301 9,497,300 2.06%5. 7125321 Stanbic Nominees Kenya Ltd A\C NR13301 7,887,400 1.71%6. 855723 Barclays (Kenya) Nominees Limited a/c 9318 4,715,917 1.02%7. 12068 Kenya Commercial Bank Nominees Ltd A\C 769G 3,554,300 0.77%8. 64327 Stanbic Nominees Kenya Ltd A\C NR13001 3,000,000 0.65%9. 1350811 Barclays (k) Nominees Ltd Non Resident a/c 9280 2,850,100 0.62%10. 1350811 The Jubilee Insurance Company Limited 2,849,324 0.62%SHARES SELECTED 270,071,128 58.51%SHARES NOT SELECTED - 74,996 191,544,355 41.49%SHARES ISSUED 461,615,483 100.00%TOTAL NO. OF SHAREHOLDERS 75,006NO. OF KENYA AIRWAYS SHAREHOLDERS AT THE CDSC 34,978TOTAL KENYA AIRWAYS IMMOBILISED SHARES (HELD AT THE CDSC) 182,019,963VOLUME / RANGES SHARES HELD % SHAREHOLDERSLess than 500 14,249,549 3.09% 35,240501 to 5,000 50,484,891 10.94% 37,0015,001- 10,000 9,875,927 2.14% 1,33410,001 - 100,000 32,839,453 7.11% 1,223100,001 - 1,000,000 51,004,553 11.05% 179Above 1,000,000 303,161,110 65.67% 29TOTALS 461,615,483 100.00% 75,006