Update on Broker Kibo Energy PLC (Incorporated in Ireland) (Registration Number: 451931) (External registration number: 011/007371/10) Share code on the JSE Limited: KBO Share code on the AIM: KIBO ISIN: IE00B97C0C31 (“Kibo” or “the Company”) Dated: 6 August 2019 Kibo Energy Plc (‘Kibo’ or the ‘Company’) Update on Broker Kibo Energy plc, the multi-asset Africa-focused energy company, notes from the news story published on the Financial Conduct Authority ("FCA") website on 5 August 2019 that the directors of SVS Securities Plc (“SVS”) have placed SVS into Special Administration. The FCA’s announcement disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and restricting it from disposing of its own or its clients’ assets. SVS were a joint broker to Kibo however as a result of these developments SVS will no longer be able to provide broking services to Kibo. First Equity Limited will continue to act as sole broker to Kibo Energy. **ENDS** For further information please visit www.kibo.energy or contact: Louis Coetzee info@kibo.energy Kibo Energy PLC Chief Executive Officer Corporate and Designated Andreas Lianos +27 (0) 83 4408365 River Group Adviser on JSE Jason Robertson +44 (0) 20 7374 2212 First Equity Limited Broker Andrew Thomson +61 8 9480 2500 RFC Ambrian Limited NOMAD on AIM Isabel de Salis / Investor & Media Relations +44 (0) 20 7236 1177 St Brides Partners Ltd Gaby Jenner Adviser This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR"). Johannesburg 06 August 2019 Corporate and Designated Adviser River Group Date: 06/08/2019 08:20:00 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.