28 February 2012

PME African Infrastructure Opportunities plc

("PME" or the "Company")

(AIM: PMEA.L; PMEW.L)

Management Change

PME announces that Brian Smith, currently chief executive of the investment manager, PME Infrastructure Managers Limited ("PMEIM" or the "Investment Manager"), has given notice to the board of PME (the "Board") of his intention to resign from his role with the Investment Manager, with immediate effect, in order to take up another career opportunity.  Mr Smith will continue to be available to the Investment Manager for a period in order to ensure a smooth transition.

Mr Smith's responsibilities at PMEIM will be taken over by James Peggie, who will be assisted by Steyn Delport and Stephen Read.

The Board would like to thank Brian Smith for his guidance and assistance over the past 18 months and wish him the best for the future.

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