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Oao - Oando Plc - Correction - Recommendation Of Dividend And Bonus Issue

Release Date: 23/04/2010 08:01:02      Code(s): OAO
OAO - Oando Plc - Correction - Recommendation of dividend and bonus issue       
                             of ordinary shares                                 
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: NGOANDO00002                                                              
("Oando" or "the Company" or "the Group")                                       
Correction - Recommendation of dividend and bonus issue of ordinary shares      
The "Listing of bonus shares" paragraph contained in an announcement released on
SENS on 14 April 2010 has been corrected to read as follows:                    
Listing of bonus shares                                                         
It is intended that the last day to register in order to qualify for the bonus  
shares will be 20 May 2010.  An announcement advising the remaining dates       
applicable to the listing of the bonus shares and the date that the accounts    
with CSDPs and brokers will be credited in South Africa with bonus shares or    
issue of new share certificates re the bonus issue posted, will be released once
the necessary regulatory approvals have been obtained.                          
Johannesburg                                                                    
23 April 2010                                                                   
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 23/04/2010 08:01:02 Supplied by www.sharenet.co.za                     
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