Central Bank of Kenya Rate Decision History

The following table details the changes in the Central Bank of Kenya’s benchmark interest rate: *T ======================================================= Announcement Policy Direction Amount of Date Rate Change ======================================================= 11/1/2011 16.50% Tightening 5.50% 10/5/2011 11.00% Tightening 4.00% 9/14/2011 7.00% Tightening 0.75% 7/27/2011 6.25% None 0.00% 5/31/2011 6.25% Tightening 0.25% 3/22/2011 6.00% Tightening 0.25% 1/27/2011 5.75% Easing -0.25% ------------------------------------------------------- 7/29/2010 6.00% Easing -0.75% 3/24/2010 6.75% Easing -0.25% ------------------------------------------------------- ======================================================= Announcement Policy Direction Amount of Date Rate Change ======================================================= 11/24/2009 7.00% Easing -0.75% 9/23/2009 7.75% None 0.00% 7/22/2009 7.75% Easing -0.25% 5/21/2009 8.00% Easing -0.25% 3/20/2009 8.25% Easing -0.25% 1/30/2009 8.50% None 0.00% ------------------------------------------------------- 12/1/2008 8.50% Easing -0.50% 6/6/2008 9.00% Tightening 0.25% ------------------------------------------------------- 8/8/2007 8.75% Tightening 0.25% 6/15/2007 8.50% Easing -1.50% 8/3/2006 10.00% Tightening 0.25% 6/2/2006* 9.75% n/a n/a ======================================================= NOTE: * = The Central Bank of Kenya began

setting rates in 2006. ======================================================= Announcement Policy Direction Amount of Date Rate Change =======================================================

Decisions from June 2, 2006 to August 8, 2007 were set by

the Monetary Policy Advisory Committee (MPAC), all subsequent

decisions were made by the Monetary Policy Committee (MPC).

SOURCE: Central Bank of Kenya

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