Currency conversion regarding the declared interim 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: OANDO ISIN: NGOANDO00002 (“Oando” or the “Company”) CURRENCY CONVERSION REGARDING THE DECLARED INTERIM DIVIDEND Shareholders are referred to the announcement released on the Stock Exchange News Service on Thursday, 13 November 2014 in which the Company advised that the board of directors of the Company has declared a N0.70kobo (Seventy 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 17 November 2014 and for members of South Africa as at close of business on Friday, 12 December 2014. The dividend will be paid on Monday, 15 December 2014, and will be subject to Nigerian withholding tax of 10%. Shareholders are advised that the currency conversion at close of business (CAT) on Thursday, 27 November 2014 was 0.0627 South African Rand = 1 Naira. Accordingly, the dividend equates to South African cents per ordinary share as follows: Kobo South African Notes cents 70 4.389 63 3.9501 Excluding 10% Nigerian Tax 59.5 3.73065 Excluding 15% South African Dividend Tax The tax identification number for Oando is 01061331 – 0001 – Oando PLC. 28 November 2014 Sandton JSE Sponsor Macquarie First South Capital (Proprietary) Limited Date: 28/11/2014 12:32:00 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.