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Re: eom7 post# 530

Thursday, 01/19/2017 9:48:36 AM

Thursday, January 19, 2017 9:48:36 AM

Post# of 1015
18 January 2017

Petro Matad Limited

("Petro Matad" or the "Company")

Signing of Protocols of Reassignment

Further to the Company's announcement of 10 January 2017, Petro Matad advises that the Protocols of Reassignment have now been signed by all parties. Payment by Shell is therefore expected to be received within the next ten days.

Further updates will be made in due course.
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