EFORA ENERGY LIMITED

(Formerly SacOil Holdings Limited)

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE Share Code: EEL

ISIN: ZAE000248258

('Efora' or 'the Company')

RESULTS OF GENERAL MEETING ('the GM')

Shareholders are referred to the GM which was held at 1st Floor, 12 Culross Road, Bryanston, today, 18 June 2018 at 10h00 and are advised that in terms of paragraph 3.91 of the JSE Listings Requirements, the results of the meeting as set out below.

The resolutions proposed, and the details of results are set out below:

Votes for resolution (%) *

Votes against resolution (%) *

Shares abstained as a percentage (%) of shares in issue

Special resolution number 1: Authority to issue shares

99.97

0.03

0.05

Special resolution number 2: Share increase

99.96

0.04

0.05

Ordinary resolution number 1: Directors authority

99.97

0.03

0.05

Note * - In relation to the total number of shares voted at the GM

Total shares voted in person or by proxy amounted to 72.52% of total issued share capital, being 268 140 504 voted shares.

JSE Sponsor

PSG Capital

18 June 2018

For further information please contact:

Efora Energy Limited

Damain Matroos

+27 (0)10 591 2260

Buchanan (Financial PR adviser)

Ben Romney / Chris Judd

+44 (0)20 7466 5000

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 and appraisal in the Democratic Republic of Congo; midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout Southern Africa. 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.

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Efora Energy Limited published this content on 18 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 June 2018 13:17:01 UTC