Final Results

Kakuzi Ld
06 March 2007

                            KAKUZI LIMITED



    ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2006


                                                                    2006                         2005
                                                                 Shs'000                      Shs'000

Sales                                                          1,399,194                    1,110,348
Operating profit/ (loss)                                         253,143                     (62,547)
Finance costs                                                   (63,391)                     (49,535)
Profit/ (loss) before income tax                                 189,752                    (112,082)
Income tax (expense)/ credit                                    (56,701)                       38,315
Profit/ (loss) attributable to the members of Kakuzi Ltd         133,051                     (73,767)

                                                                     Shs                          Shs
Basic and diluted earnings/ (loss) per stock unit                   6.79                       (3.76)

                                                                 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
2006 is a contribution of Sh 198.8 million (2005 (restated): Sh 25.9 million)
arising from the changes in the fair value less estimated point-of-sale costs
for biological assets.



Other principal factors contributing to the operating profit in 2006 were the
recovery in the tea price and an excellent avocado performance.  However the
pineapple joint venture with Del Monte Kenya Limited is being wound down.



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 2006
(2005: nil).



ANNUAL GENERAL MEETING



The Annual General Meeting of the company will be held on Tuesday 22 May 2007 at
12.00 noon at the Norfolk Hotel, Nairobi.



BY ORDER OF THE BOARD



DR T R FOWKES

CHAIRMAN

6 MARCH 2007




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