1 March 2018

PME African Infrastructure Opportunities plc

("PME" or the "Company")

(AIM: PMEA.L)

Holding(s) in Company

PME announces that it has today been notified that the Qatar Investment Authority ("QIA") now directly controls 9,265,997 ordinary shares of US$0.01 each in the capital of the Company, representing 37.69 per cent. of the Company's issued share capital.

For further information please contact:

Smith & Williamson Corporate Finance Limited

Nominated Adviser

Azhic Basirov / Ben Jeynes

+44 20 7131 4000

Stifel Nicolaus Europe Limited

Broker

Neil Winward / Tom Yeadon

+44 20 7710 7600