Oando Announces a Delay in the Publication of its Full Year End (FYE) 2017 Financial Results Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 (“the Company”) Oando PLC Announces a Delay in the Publication of its Full Year End (FYE) 2017 Financial Results This is to inform our valued shareholders and key stakeholders that there will be a delay in the release of Oando PLC’s (the Company) financial results for the twelve months ended December 31, 2017. The Financial Reporting Council of Nigeria (FRCN) has indicated interest in undertaking a more detailed review of the Company’s Audited Financial Statements (AFS) as part of their statutory review due to the issues raised by the recent investigation of the Company by the Securities and Exchange Commission (SEC). We envisage that the FRCN’s review might take longer than originally anticipated. Therefore, the Company may not be able to file the accounts until the second week in May, the exact date of filing will be dependent on the turnaround time at the FRCN. Oando PLC apologizes for any inconvenience caused and will update the market in due course. Lagos, March 1, 2018 For more information, please contact: Ayotola Jagun Chief Compliance Officer & Company Secretary ajagun@oandoplc.com Alero Balogun Head, Corporate Communications albalogun@oandoplc.com For: Oando PLC Ayotola Jagun Chief Compliance Officer & Company Secretary The Wings Complex, 17a Ozumba Mbadiwe Avenue Victoria Island Lagos, Nigeria Sponsor: Sasfin Capital (a member of the Sasfin group) Date: 01/03/2018 04:02:00 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.