(PMEA) PME African Infrastructure Opps

21 May 2012

PME African Infrastructure Opportunities plc

("PME" or the "Company")

(AIM: PMEA.L; PMEW.L)

Update on PME Locomotives

The board of PME (the "Board") has been advised that two of the General Electric C30 locomotives owned by PME Locomotives (Mauritius) Limited ("PME Locomotives") and leased to Sheltam Holdings (Pty) Limited ("Sheltam") have been involved in a major accident in the Tete province of Mozambique.  The Board is pleased to report that there were no serious injuries but initial reports suggest that both locomotives have sustained substantial damage.

The locomotives are currently leased out to a Sheltam client in Mozambique.  Sheltam executives are travelling to the accident site this week with the insurance assessors in order to assess the damage and determine the best course of action in relation the locomotives.

While PME has yet to receive confirmation of the exact impact of the accident, the Board believes that, with the contractual and insurance arrangements currently in place, there should be minimal financial effect on the Company.  If this position changes, materially, the Company will provide a further update.

For further information please contact:

8 May 2012

PME African Infrastructure Opportunities plc

("PME" or the "Company")

(AIM: PMEA.L; PMEW.L)

Forward Strategy

Update on Rail Investments

Further Information regarding Warrants

The board of PME (the "Board") has undertaken a review of the Company's current investments and has concluded that it would be in the best interests of the shareholders as a whole for the Company to seek to realise its existing investments in an orderly manner and return capital to shareholders and, thereupon propose that the Company be wound up.

The course of action proposed by the Board would constitute a fundamental change in business under the AIM Rules for Companies and will require the approval of shareholders.  The Company intends to issue a circular setting out the details of these proposals and a notice convening a meeting of shareholders, in due course.

Update on Rail Investments

The Company is pleased to announce that positive progress is being made by its portfolio companies, Sheltam Holdings (Pty) Limited ("Sheltam") and PME Locomotives (Mauritius) Limited ("PME Locomotives").  The Company currently has a 50 per cent. interest in Sheltam and owns 12 General Electric C30 locomotives which are leased to Sheltam for placement with Sheltam's clients. 

The Board has been advised that Sheltam has placed an additional nine locomotives in Southern Africa. This development is expected to have a positive financial impact on the operations of Sheltam and PME Locomotives.  Sheltam is in discussions with other potential clients with respect to further opportunities to place locomotives in the future. 

As previously announced, PME Locomotives has provided a finance lease to Sheltam which was restructured in August 2011 via a rescheduled debt agreement.  The placement of the locomotives means that Sheltam has now recommenced servicing all its obligations towards PME, with effect from April 2012 which will have a positive impact on PME's cashflow going forward.

Further information regarding Warrants

Further to the announcement on 16 March 2012, the Board advises the holders of warrants to subscribe for ordinary shares ("Warrants") ("Warrantholders") that, since the audited accounts of the Company for the year ended 31 December 2011 have not yet been despatched to shareholders and, therefore, the Warrantholders have not yet been able to execute their subscription rights, should they so choose, the anticipated date for delisting the Warrants will not be on or around 14 May 2012, as previously disclosed.  The revised date of delisting the Warrants will be notified in due course.

For further information please contact:

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.

For further information please contact: