PMEA.L Regulatory News (PMEA)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

PME AFRICAN INFRASTRUCTURE OPPORTUNITIES PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

YES

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

NO

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

NO

An event changing the breakdown of voting rights

NO

Other (please specify):

NO

3. Full name of person(s) subject to thenotification obligation: iii

Qatar Investment Authority

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

31 October 2012

6. Date on which issuer notified:

13 November 2012

7. Threshold(s) that is/are crossed orreached: vi, vii

Downwards

to 33%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

IM00B1WSL611

50,000,000

50,000,000

34,782,266

34,782,266

N/A

33.947%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

34,782,266

33.947%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Qatar Investment Authority ("QIA") is the beneficial holder of the specified shares and warrants. QIA was established by the Emiri decision 22 of 2005. It is a governmental authority with the aim of investing and managing the State of Qatar's reserve funds and other assets assigned to it.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

As required under the DTRs, this notification has been prepared using the total voting rights figure of 102,460,760 as set out in the public announcement made by PME African Infrastructure Opportunities Plc dated 26 October 2012.

14. Contact name:

Mr. Faisal Al-Hamadi, Director of Asset Management

15. Contact telephone number: