PME African Infrastructure Opportunities plc (PME) is engaged in investing in early stage infrastructure and infrastructure related projects throughout sub-Saharan Africa. On February 1, 2008, the Company completed it transaction, in the telecommunication sector in Uganda with investment in TMP Uganda. On March 17, 2008, PME announced its investment in Dovetel (T) Limited (Dovetel), pursuant to which PME would acquire 65% of the equity in Dovetel. The Company also announced a 50% interest in the share capital of Sheltam Grindrod Holdings (Proprietary) Limited. In September 2008, acquired a 50% interest in Sheltam Grindrod Holdings (Pty) Limited and 12 General Electric Locomotives.