Finalisation Information Regarding the Declared Cash 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”) FINALISATION INFORMATION REGARDING THE DECLARED CASH DIVIDEND Shareholders are advised that at the 37th Annual General Meeting of Oando held at 10:00 Nigerian Time on 27 October 2014, shareholders of the Company approved the declaration and payment of a N0.30kobo (Thirty 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 30 September 2014 and for members of South Africa as at close of business on Friday, 14 November 2014. The dividend will be paid on 17 November 2014, and will be subject to Nigerian withholding tax of 10%. Accordingly, the following finalisation information is provided in respect of the dividend to South African shareholders: A gross dividend of N0.30kobo (Thirty Kobo) per share has been declared. A Nigerian withholding tax of 10% is payable on the dividend by all shareholders. Accordingly the dividend net of withholding tax is N0.27kobo (Twenty-seven Kobo) per ordinary share. South African shareholders who are not exempt from South African Dividend Withholding Tax (“dividend tax”) will be required to pay the 15% dividend tax less the 10% Nigerian withholding tax making the net dividend payable to those shareholders of N0.255kobo ([Twenty-five and a half Kobo) per ordinary share. The issued share capital of Oando at the finalisation date is 8,869,068,738 ordinary shares. In order to comply with the requirements of Strate the relevant details are as follows: Event Date (2014) Currency conversion calculated at close of Thursday, 30 October business in South Africa on Finalisation date of dividend Friday, 31 October Last day to trade cum dividend Friday, 7 November Ordinary shares commence trading ex dividend Monday, 10 November Record date (date shareholders recorded in Friday, 14 November books) Payment date Monday, 17 November Notes: 1. The above dates and times are based on South African dates and times. 2. It is anticipated that payment due to certificated shareholders on the South African registry will either be electronically transferred to shareholders` bank accounts or, in the absence of suitable mandates, dividend cheques will be posted to such shareholders on or about Monday, 17 November 2014. 3. Shareholders who hold dematerialised shares will have their accounts, at their Central Securities Depository Participant or broker credited by Monday, 17 November in respect of the dividend. 4. Share certificates may not be dematerialised or rematerialised between Monday, 10 November 2014 and Friday, 14 November, both days inclusive, nor may transfers between registers take place during that period. 5. Any amendments to the above dates and times will be published on SENS. 27 October 2014 Sandton JSE Sponsor Macquarie First South Capital (Proprietary) Limited Date: 27/10/2014 05:48:00 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.