SUBSIDIARIES & ASSOCIATES

• XL HR OUTSOURCING LIMITED
• XL CASH MANAGEMENT SERVICES LIMITED
• XL EXPRESS & LOGISTICS SERVICES LIMITED
• FMX INTEGRATED SERVICES LIMITED
• XTRA ENERGY SUPPORT SERVICES LIMITED
• VN-XL TRAVEL & TOURS
• XL SECURITY & PROTECTION SERVICES LIMITED
• XL MANAGEMENT SERVICES LIMITED GHANA
• XL MANAGEMENT SERVICES LIMITED LIBERIA
• XL MANAGEMENT SERVICES LIMITED SIERRA LEONE