29 November 2013

PME African Infrastructure Opportunities plc

("PME" or the "Company")

(AIM: PMEA.L)

Result of EGM

PME African Infrastructure Opportunities plc announces that the Resolution put to Shareholders at the Extraordinary General Meeting of the Company held today was duly approved.

With Shareholders having approved the renewal of the authority for the Company to return capital to Shareholders via a series of Tender Offers, the Current Tender Offer, which will return up to US$7.46 million to Shareholders through the purchase by the Company of up to 26,639,797 existing Ordinary Shares from Eligible Shareholders at a price of US$0.28 per Ordinary Share, will now proceed.

The Current Tender Offer is only available to Shareholders (other than certain Overseas Shareholders) on the Register on the Record Date, and only in respect of a maximum of 26 Ordinary Shares for every 100 Ordinary Shares held at the Record Date registered in their names on that date.

Further details of the Current Tender Offer, including its terms and conditions, are set out in the Circular and accompanying Tender Form posted to Shareholders on 13 November 2013 and in the Company's subsequent announcement made on 27 November 2013. The Circular and Tender Form are also available on the Company's website at www.pmeinfrastructure.com.

Once purchased by the Company, those Ordinary Shares will be cancelled so that such Ordinary Shares will no longer be in issue but the Company's authorised share capital will remain unchanged.

Expected Timetable of Events

Latest time and date for receipt of Tender Forms and for settlement of TTE instructions in respect of the Current Tender Offer	1:00 p.m. on 5 December 2013

Record Date for the Current Tender Offer	5.00 p.m. on 5 December 2013
Announcement of results of the Current Tender Offer	6 December 2013
CREST accounts credited with Current Tender Offer proceeds and revised holdings of uncertificated Ordinary Shares	11 December 2013
Despatch of cheques for Current Tender Offer proceeds for certificated Ordinary Shares and where applicable balance certificates	11 December 2013

All defined terms are as set out in the Circular and Tender Form.

For further information please contact:



Smith & Williamson Corporate Finance Limited	Azhic Basirov / Siobhan Sergeant	+44 20 7131 4000

Oriel Securities Limited	Neil Winward	+44 20 7710 7600