Tlou Energy Ltd (TLOU.L) Transmission Line Update

Tlou Energy Limited is an ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar power.

Key Points:

· Pre-qualification tender documents prepared

· Tender advertised and documents available online

Transmission line detailed design update

The Company has engaged Mott MacDonald engineering consultants to work on the detailed engineering and design of the proposed transmission line to connect Tlou’s Lesedi Power project to the electricity grid in Botswana.

As announced previously, Mott MacDonald are now working on the implementation stage of the proposed 66kV transmission line. This includes preparation of Pre-qualification (PQ) documents with the objective of Tlou selecting a short-list of pre-qualified bidders who will be invited to bid for the construction of the transmission line and supporting infrastructure.

The following two PQ documents have been prepared:

· Pre-Qualification of Bidders for the Design and Build contract for the Substation(s) Works

· Pre-Qualification of Bidders for the Design and Build contract for 66kV Overhead Transmission Line Works

These tenders have been advertised in the local press in Botswana and the documents are also available on the Company’s website: http://tlouenergy.com/tender-documents. The closing date for submissions is 2 October 2020.

The implementation stage is expected to be completed later this year, conditional on not experiencing undue delays outside Tlou’s direct control. Thereafter, the Company will request tenders for construction of the transmission line and substation works from successful pre-qualified bidders.

Subject to the receipt of acceptable tenders, available funding and on-the-ground access, the Company plans to commence construction as soon as possible.

By Authority of the Board of Directors

Mr Anthony Gilby

Managing Director

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