Oando PLC (“the company”) – update on the approval of the 2017 audited financial statements pursuant to Rule 19.2 of the Nigerian Stock Exchange issuers rules

This is to inform the public and our stakeholders that the Board of Directors of Oando PLC held a meeting on Tuesday, April 10, 2018 and approved the 2017 Audited Financial Statements (the “Accounts”). We expect to be in a position to file the Accounts by the second week in May 2018 as previously communicated.

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Oando PLC apologizes for any inconvenience caused and will update the market in due course.

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Yours faithfully,

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For: Oando PLC

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Ayotola Jagun

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Chief Compliance Officer & Company Secretary

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