Final Results

Kakuzi Ld
11 March 2008

                                 KAKUZI LIMITED

    ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2007

                                                                               2007                             2006
                                                                            Shs'000                          Shs'000

Sales                                                                     1,512,118                        1,399,194

Operating profit                                                            321,332                          253,143
Finance costs                                                               (51,002)                         (63,391)

Profit before income tax                                                    270,330                          189,752
Income tax expense                                                          (78,733)                         (56,701)

Profit for the year (of which Shs 177,851,000
has been dealt with in the accounts of the company)                         191,597                          133,051

Attributable to:
Equity holders of the company                                               189,643                          133,051
Minority interest                                                             1,954                                -

                                                                                Shs                              Shs
Earnings per share attributable to equity holders of the company:
Basic and diluted earnings per stock unit                                      9.68                             6.79

                                                                            Shs'000                          Shs'000
Dividends: -
Proposed final dividend for the year                                              -                                -


NOTES

The above results are extracted from financial statements audited by
PricewaterhouseCoopers, Certified Public Accountants, and on which an
unqualified opinion has been given.

Biological assets are measured at fair value less estimated point-of-sale costs
in accordance with IAS 41, Agriculture.  Included in the operating profit for
2007 is a contribution of Sh 164 million (2006: Sh 199 million) arising from the
changes in the fair value less estimated point-of-sale costs for biological
assets.

The principal contributions to operating profit in 2007 were derived from
avocado, forestry, tea and fresh pineapple.  The long-standing canned pineapple
joint venture with Del Monte Kenya Limited is being wound down, but a new joint
project agreement with them was signed during November.

The company receives the bulk of its income in foreign currencies, and the
continuing strength of the shilling throughout the year had a severe impact on
sales revenues measured in shillings.

DIVIDEND

The directors do not recommend the payment of a dividend for the year 2007
(2006: nil).

ANNUAL GENERAL MEETING

The Annual General Meeting of the company will be held on Thursday 22 May 2008
at 12.00 noon at the Norfolk Hotel, Nairobi.

BY ORDER OF THE BOARD

DR T R FOWKES
CHAIRMAN
11 MARCH 2008


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