Currency Conversion Regarding the Declared dividend 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”) CURRENCY CONVERSION REGARDING THE DECLARED DIVIDEND Shareholders are referred to the announcement released on the Stock Exchange News Service on Monday, 29 July 2013 in which the Company advised that at the 36th Annual General Meeting of Oando held at 10:00 Nigerian Time on 25 July 2013, shareholders of the Company approved the declaration and payment of a 75kobo (Seventy-five Kobo) per share dividend to holders of ordinary shares whose names appear in the Company’s register of members of Nigeria as at close of business on the 5th July 2013 and for members on the South African register as at close of business on the 8th of August 2013. The dividend will be paid on or about the 30th of August 2013 subject to Nigerian withholding tax of 10%. Shareholders are advised that the currency conversion at close of business (CAT) on 31 July 2013 was 0.0617 South African Rand = 1 Naira. Accordingly, the dividend equates to South African cents per ordinary share as follows: Kobo South African Notes cents 75 4.62750 67.5 4.16475 Excluding 10% Nigerian Tax 63.75 3.93338 Excluding 15% South African Dividend Tax The tax identification number for Oando is 01061331 – 0001 – Oando PLC 1 August 2013 Sandton JSE Sponsor Macquarie First South Capital (Proprietary) Limited Date: 01/08/2013 09:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.