Disclosure of Voting Rights in Shares

As confirmation of our current position in African Petroleum Corp Ltd, we inform you that Prudential plc
controls voting rights in 15,174,031 shares of African Petroleum Corp Ltd, which estimates to a 9.76%
holding as of 10th August 2018 based on the total number of shares/voting rights of 155,466,446.

All of this holding, is held by M&G Investment Funds (3). This security is an open-ended Investment company with variable capital incorporated in England and Wales.

M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) is the Fund Manager for all the shares owned by M&G Investment Funds (3).

Chain of controlled undertakings through which the voting rights and/or the Financial instruments are effectively held:
Shareholders Number of Shares/
Voting Rights
Percentage of
Shares/Voting Rights
Prudential plc
15,174,031 9.76%
M&G Group Limited
(wholly owned subsidiary of Prudential plc)
15,174,031 9.76%
M&G Limited
(wholly owned subsidiary of M&G Group Limited)
15,174,031 9.76%
M&G Investment Management Limited
(wholly owned subsidiary of M&G Limited)
15,174,031 9.76%