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Oao - Oando Plc - Notification Of Director`s Dealing In Oando Securities

Release Date: 10/04/2007 09:23:08      Code(s): OAO
OAO - Oando Plc - Notification Of Director`s Dealing In Oando Securities        
Oando Plc                                                                       
(Incorporated in Nigeria and registered as an external company in South Africa) 
Registration number: RC 6474                                                    
(External company registration number: 2005/038824/10)                          
Share Code on the JSE Limited:  OAO                                             
Share Code on the Nigerian Stock Exchange:  UNTP                                
ISIN: NG00000UNTP0                                                              
("Oando" or "the Company")                                                      
Notification of Director`s dealing in Oando securities                          
In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the      
following dealings in the securities of Oando have taken place by a Non         
Executive Director of the Company:                                              
Director:                         Osaze Osifo                                   
Number of securities:             1,795                                         
Class of security:                Ordinary                                      
Nature of interest:               Direct, beneficial                            
i)    Nature of transaction:      Sale of Shares                                
     Date:                       30 January 2006                                
No:                         1,245 shares                                   
     Price:                      Niara91.70 per share                           
ii)   Nature of transaction:      Sale of Shares                                
     Date:                       31 January 2006                                
No:                         48 shares                                      
     Price:                      Niara92.00 per share                           
iii)  Nature of transaction:      Sale of shares                                
     Date:                       11 October 2006                                
No:                         502 shares                                     
     Price:                      Niara71.00                                     
     Total transaction value:    Niara154,224.50                                
Shareholding: The shares sold represent 100% of Mr Osifo`s Oando shareholding.  
After the abovementioned sale, Mr Osifo holds no Oando shares.                  
The required clearance per section 3.66 of the JSE Listings Requirements was not
obtained.                                                                       
10 April 2007                                                                   
Lagos                                                                           
Sponsor to Oando:                                                               
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 10/04/2007 09:23:08 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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