Efora Energy : Appointment of Directors

EFORA ENERGY LIMITED

(Incorporated in the Republic of South Africa)

(Registration number: 1993/000460/06)

Share code: EEL

ISIN: ZAE000248258

('Efora' or 'the Company')

APPOINTMENT OF DIRECTORS

In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board of directors of the Company ('the Board') wishes to advise that Zanele Radebe and Vuyo Ngonyama have been appointed as independent non-executive directors of the Company with effect from 19 December 2018.

Zanele is an admitted attorney and conveyancer, specializing in commercial law. She is the Executive Head of Department: Public Sector at Vodacom and also served as legal advisor to ABSA and Standard Bank in the past.

Vuyo has an MBA, specializing in amongst others, strategic and corporate planning. Vuyo currently serves as Director: Property Management at the National Department of Public Works and previously served as a compliance officer at Metropolitan Health Group.

The Board welcomes Zanele and Vuyo and looks forward to their contribution to the Company.

Johannesburg

20 December 2018

Sponsor

PSG Capital

About Efora

Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration in the Democratic Republic of Congo; a midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout South Africa and Zimbabwe. Our focus as a Group is on delivering energy for the African continent by using Africa's own resources to meet the significant growth in demand expected over the next decade.