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Oando Plc - Rights Issue - Update

Release Date: 23/04/2015 16:26:00      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: OANDO
ISIN: NGOANDO00002
(?Oando? or the ?Company?)

RIGHTS ISSUE ? UPDATE ANNOUNCEMENT

Shareholders on the South African register of Oando (?Shareholders?) are referred to the
announcement published on the Stock Exchange News Service of the JSE Limited dated 4
February 2015 (?the Announcement?) regarding the revised terms and dates of the Oando
Rights Issue (?the Rights Issue?).

Further to the publication of the Announcement, Shareholders are hereby advised that the
allotment and listing of the Rights Issue shares is still subject to the receipt of the Nigerian
Securities and Exchange Commission?s (?Nigerian SEC?) clearance of the allotment
proposal. Accordingly, the dates set out in the Announcement are no longer applicable.

Shareholders will be advised of the new dates/information relating to the allotment of shares
as well as listing and trading thereof as soon as the Nigerian SEC?s clearance of the
allotment proposal has been obtained.
.

23 April 2015
Sandton

JSE sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

Leading Issuing House
Vetiva Capital Management Limited

Joint Issuing Houses
FBN Capital Limited
FCMB Capital Markets Limited
Marina Securities Limited
Stanbic IBTC Capital Limited
Zenith Capital Limited

Date: 23/04/2015 04:26:00 Supplied by www.sharenet.co.za                     
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