Wananchi Online has finally merged with ISP Kenya and The Board of Directors reports the following changes to its structure as well as changes to the management structure, as the company prepares for its intended Initial Public Offering. Njeri Rionge steps down as CEO at the end of June 2006, but remains on the Board of Directors. Mr. James Gachui remains the Chairman of the board, while Sandeep Mangat and Hamish Govani join Njeri Rionge, Joseph Kamau and Subash Handa as Directors on the board. There will be further changes to the board as the Company continues to enhance its Corporate Governance structures which will be announced in due course. Joseph Mucheru, the Strategy and Business Development Director and Co- founder is now the acting CEO. He is also the current Chairman of the Telecommunications Service Providers Association of Kenya (TESPOK) and has been instrumental in providing strategic input in ICT policy and regulations both at Wananchi Online and the Industry as a whole. Sandeep Mangat and Hamish Govani, who were executive Directors of ISP Kenya, join Wananchi Online as the Corporate Sales Director and Projects Director, respectively and both bring a wealth of industry experience on Internet based communications for Corporates to compliment the current retail solutions provided by Wananchi Online. Wananchi Online continues to enhance its Corporate brand, products and services, business processes and continued innovative technologies to deliver customer satisfaction to its clients. The Board of Directors Wananchi Online Limited
