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14th April 2005

OANDO FLOODS MARKET WITH DIESEL

In furtherance of its corporate strategy for the continuous availability of petroleum products in Nigeria, Oando has with immediate effect, commenced an aggressive push of Automated Gas Oil (AGO, also known as Diesel) throughout all its retail outlets and depots nationwide.

With this development, customers all over the nation can walk into any Oando retail outlet and purchase diesel right from the pump without the usual hassle that has been associated with the purchase of the product in the past. The company is also extending its readily available diesel to all its industrial customers.

With its ultra modern Tank Farm in the Onne, Terminals in Apapa and the Oando Terminal, Reclamation Road, Port Harcourt, Oando is able to provide adequate storage facility for petroleum products, thereby enhancing stock availability and quick off-take to the outlets. With electronically controlled truck loading systems, trucks can accurately fill at rapid rates, ensuring that customers - retail and industrial, get products in record time.

According to Chief Marketing Officer, Retail, Patrick Okpuzor, “Our commitment to customers is that we will deliver bulk diesel within 48 hours nationwide, while also assuring our retail customers of continuous availability of diesel in all our stations. We are able to make these commitments because of Oando’s superior storage facilities and logistics, coupled with our excellent customer service track record”.

For more information, please contact:

Tokunboh Durosaro
Head, Corporate Communications
Oando Plc
Stallion House, 2 Ajose Adeogun Street
Victoria Island, Lagos
Phone: 01 2625857
Email: tdurosaro@oandoplc.com
www.oandoplc.com