23 November 2015

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 Tender Offers, the Current Tender Offer, which will return up to US$7.7 million to Shareholders through the purchase by the Company of up to 38,376,948 existing Ordinary Shares from Eligible Shareholders at a price of US$0.20 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 1 Ordinary Share for every 2 Ordinary Shares registered in their names on the Record 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 6 November 2015. The Circular and Tender Form are also available on the Company's website at www.pmeinfrastructure.com.

Ordinary Shares purchased by the Company 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

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

For further information please contact: