24 April 2009

PME AFRICAN INFRASTRUCTURE OPPORTUNITIES PLC

("PME" or the "Company")

(AIM: PMEA.L; PMEW.L)

Posting of Notice to Warrantholders

PME African Infrastructure Opportunities plc, an investment company established to invest in sub-Saharan African infrastructure and infrastructure related industries, announces that it has posted a notice to the holders of warrants to subscribe for ordinary shares of 1c each in the Company ("Ordinary Shares") ("Warrantholders"), advising them that they will have the right to execute their subscription rights to subscribe for Ordinary Shares at a price of US$1.25 per share, no more than 30 days after the date on which the audited accounts of the Company for the year ended 31 December 2008 are despatched to shareholders. Confirmation of the despatch of the audited accounts to shareholders will be announced via RNS on the date of despatch.  

The notice is also available on the Company's website at www.pmeinfrastructure.com. 

Further enquiries:

Smith & Williamson                           Siobhan Sergeant               +44 20 7131 4000

Corporate Finance Limited

Fairfax I.S. PLC                                 James King                        +44 20 7598 5368

Bell Pottinger                                    Dan de Belder                     +44 20 7861 3232

On behalf of

Helvetica (Isle of Man)

Company Limited                               Clara Parisot                      +41 798 249 788

Note to Editors:

-    PME African Infrastructure Opportunities plc ('PME') is a company investing in sub-Saharan African infrastructure 
     and infrastructure related industries. Its shares were admitted to AIM in July 2007 raising US$180 million.

-    PME was established to invest in sub-Saharan African infrastructure and infrastructure related industries with a 
     view to generating attractive returns, principally through capital growth. It is targeting opportunities arising from 
     years of under investment in sub-Saharan African infrastructure where that infrastructure will be instrumental in 
     allowing the continent's economic development to continue to grow.

-    The Investment Manager is PME Infrastructure Managers Limited ('PMEIM'). The Investment Manager is 
     responsible for identifying new investment opportunities.

-    PMEIM is a joint venture between Principle Capital Holdings S.A. (AIM: PCX.L), Unicos Partners LLP (holding 
     company of the Helvetica Group of companies), Masazane Capital (Pty) Limited and the interests of Richard 
     Bouma, CEO of PMEIM.