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Oando Plc - Oando Announces Closing Of Reverse Takeover Of Oando Energy Resources Inc. (previously Known As ?exile Resources Inc

Release Date: 25/07/2012 17:14:00      Code(s): OAO
Oando PLC
(Incorporated in Nigeria and registered as an external company
in South Africa)
External Registration number: RC 6474
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?)

Oando announces Closing of Reverse Takeover of Oando Energy
Resources Inc. (previously known as ?Exile Resources Inc.?)
and Related Director and Management Changes.

Shareholders of Oando are advised that a press release
relating to the completion of its acquisition of equity
interests in certain entities in the upstream exploration and
production division of Oando (the ?Acquisition?) and certain
related   matters  (collectively,   the  ?Restructuring?)(the
?Release?).

The Release is available for download from the Company`s
website hosted at www.oandoplc.com

25 July 2012
Sandton

JSE Sponsor
Macquarie First South Capital (Proprietary) Limited

Date: 25/07/2012 05:14:00 Supplied by www.sharenet.co.za                     
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