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Oao - Oando Plc - Cautionary Announcement Update

Release Date: 25/06/2008 10:01:02      Code(s): OAO
OAO - Oando Plc - Cautionary announcement update                                
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")                                                                       
CAUTIONARY ANNOUNCEMENT UPDATE                                                  
Shareholders are advised that discussions are still in progress which if        
successfully concluded, may have a material effect on the price of Oando`s      
securities.  Accordingly, shareholders are advised to continue to exercise      
caution when dealing in Oando`s securities until a detailed announcement can be 
made.                                                                           
Johannesburg                                                                    
25 June 2008                                                                    
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 25/06/2008 10:01:02 Supplied by www.sharenet.co.za                     
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