Source: London Stock Exchange plc.

Repurchase of US$750,000,000 8.5% Notes Due 2017

ACCRA, GHANA--(Marketwired - Jul 5, 2016) -

NOTICE

Notice in respect of the U.S.$750,000,000 8.5 per cent. Notes due 2017

(ISIN: XS0323760370, Common Code: 032376037)/ [(ISIN: US374422AA15, Common Code: 032392571, CUSIP: 374422 AA1) (the "2017 Notes")

of THE REPUBLIC OF GHANA
(the "Republic")

The Republic announces that it has repurchased in market transactions U.S.$30,000,000.00 in principal amount of the 2017 Notes and that it has procured the cancellation of such 2017 Notes. Following such purchase and cancellation, U.S.$500,597,000.00 in aggregate principal amount of the 2017 Notes will remain outstanding.

This notice is given by:
The Republic of Ghana
5th July 2016

Contact Information:

For further information, please contact:

Cynthia A. Arthur
+233 (0) 244 253564
+233 (0) 501 290 148
carthur@mofep.gov.gh