Woodbois Regulatory News (WBI)

2 March 2018

Obtala Limited

("Obtala" or the "Company")

(AIM: OBT)

Statement re: joint broker

Obtala Limited (AIM: OBT), the African focused agricultural and forestry company, notes the Financial Conduct Authority's ("FCA") announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited (the "Firms") being placed into insolvency.

The FCA's announcement disclosed that the FCA has imposed requirements requiring the Firms to cease all regulatory activity. BSL were a joint broker to Obtala. As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to Obtala.

Northland Capital Partners continue to act as nominated adviser and joint broker to Obtala and Brandon Hill continue to act as joint broker.

This Announcement contains inside information for the purposes of Article 7 of the Regulation (EU) 596/2014.