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GOIL-FINAL DIVIDEND AND CLOSURE OF REGISTER

Final Dividend
GOIL has announced a final dividend of GH¢0.0085 per share in respect of its financial year ended December 31, 2008.

Qualifying date
All shareholders registered in the books of GOIL at the close of business on Monday, July 20, 2009 will qualify for the final dividend of GH¢0.0085 per share which would be approved at the Annual General Meeting.

Closure of Register
The Register of shareholders will be closed from Tuesday, July 21, 2009 to Friday, July 24, 2009 (both dates inclusive).

Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Thursday, July 16, 2009. Consequently, an investor purchasing GOIL shares before this date will be entitled to the final dividend. However, an investor buying GOIL shares on or after Thursday, July 16, 2009 will not be entitled to the final dividend.

Dividend Payment Date
The final dividend of GH¢0.0085 per share will be paid on Thursday, August 20, 2009.

AGM Notice
The Company’s Annual General Meeting will be held at the College of Physicians and Surgeons on Thursday, July 16, 2009 at 11.00 am.

Issued at Accra, this 7th
day of July, 2009