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OAO - Oando Plc - Director`s Appointment to the Oando Board

Release Date: 02/07/2007 11:58:17      Code(s): OAO
OAO - Oando Plc - Director`s Appointment to the Oando Board                     
Oando Plc                                                                       
(Incorporated in Nigeria and registered as an external company in South         
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")                                                      
Director`s appointment to the Oando board                                       
At the 30th Annual General Meeting of Oando held on Thursday, 28 June 2007, Mr. 
Mobolaji Olatunbosun Osunsanya was unanimously elected as a director of the     
Company upon the recommendation of the directors, pursuant to article 95 of the 
Company`s articles of association.                                              
The directors are of the opinion that his knowledge and wealth of experience    
will no doubt impact positively on the board of Oando.                          
Brief CV of Mr. Mobolaji Olatunbosun Osunsanya:                                 
Mobolaji Olatunbosun Osunsanya holds a First Class bachelors degree in Economics
from the University of Ife and a Masters degree, also in economics, from the    
University of Lagos. He previously worked as a consultant with Arthur Andersen  
Nigeria (now KPMG professional services) with experience in the banking, oil &  
gas and manufacturing industries. Prior to joining Oando in August 2001, he was 
an assistant general manager at Guaranty Trust Bank Plc and later an executive  
director at Access bank plc. Before his appointment as CEO, Gaslink Nigeria, he 
was the Chief Marketing Officer - Commercial, for Oando.                        
02 July 2007                                                                    
Deutsche Securities (SA) (Proprietary) Limited                                  
E-mail: info@oandoplc.com                                                       
Date: 02/07/2007 11:58:17 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  

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