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Oao - Oando Plc - Reclassification Of Listing On The Jse Limited (jse) And

Release Date: 31/03/2009 12:00:01      Code(s): OAO
OAO - Oando Plc - Reclassification of listing on the JSE Limited ("JSE") and    
                   change of Nigerian Stock Exchange ("NSE") ISIN number        
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")                                                                       
Reclassification of listing on the JSE Limited ("JSE") and change of Nigerian   
Stock Exchange ("NSE") ISIN number                                              
Reclassification of the listing on the JSE                                      
Oando wishes to advise its shareholders that, following the changes implemented 
by the JSE to Section 18 of the JSE Listings Requirements, its listing on the   
JSE has been reclassified, with effect from 25 March 2009, from a dual primary  
listing to a secondary listing, with its primary listing being on the NSE.      
Change of NSE ISIN number                                                       
The NSE has advised that the Central Securities Clearing System of the NSE has  
taken over issuance of securities numbers in Nigeria. The international         
securities numbers were previously issued in Nigeria by a company called SBA    
Research.  This development has been duly communicated by the Association of    
National Numbering Agencies ("ANNA").                                           
The new ISINs were uploaded to the ANNA Service Bureau database as of 26 January
2009.                                                                           
The NSE has confirmed that the new ISIN number for Oando is NGOANDO00002.       
ISIN numbers need to be standard for all stock exchanges on which the securities
are listed.  Consequently, the salient dates and information relating to the    
change of Oando`s ISIN number on the JSE are as follows:                        
                                                    2009                        
                                                                                
Last day for trading using the old ISIN number                                  
NG00000UNTP0 on the JSE                                                         
                                                    Thursday, 16 April          
                                                                                
Termination of old ISIN number NG00000UNTP0 on the                              
JSE trading system and commencement of the new ISIN                             
number NGOANDO00002                                                             
                                                                                
Friday, 17 April            
                                                                                
Record date in South Africa                          Friday, 24 April           
                                                                                
Dematerialised shareholders will have their                                     
accounts at their CSDP or broker automatically                                  
updated                                              Tuesday, 28 April          
                                                                                
Certificated shareholders are not required to do anything.                      
Johannesburg                                                                    
31 March 2009                                                                   
Sponsor:                                                                        
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 31/03/2009 12:00:00 Supplied by www.sharenet.co.za                     
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