Holding(s) in Company

1 Oct 2009 14:41



1 October 2009

PME African Infrastructure Opportunities plc ("the Company")

Holding in Company

The Company has been notified that, as at 30 September 2009, QVT Financial LP, as investment manager for QVT Fund LP and Quintessence Fund L.P., no longer has a notifiable interest in the Company's issued share capital.

For further information on the Company, please refer to the website at www.pmeinfrastructure.com.

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.