Posting of Notice to Warrantholders

16 March 2012

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, today, 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$0.72 per share, on the later of 30 April 2012 or 30 days after the date on which the audited accounts of the Company for the year ended 31 December 2011 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

De-listing of the Warrants

As this is the final year in which Warrantholders may exercise a right to acquire Ordinary Shares, please note that the subscription rights attached to the Warrants will lapse on or around 14 May 2012. An application will be made to cease the quotation of the Warrants on AIM and the Warrants shall cease to exist thereafter. In light of the material difference between the Subscription Price (US$0.72) and the price of the Ordinary Shares (US$0.19 as at the close of business 15 March 2012), there is no prospect of a Trustee exercising any unexercised Warrants on behalf of the Warrantholders.

For further information please contact: