The footage shows Boko Haram leader Abubakar Shekau, and around 130 of the abducted girls, wearing full-length hijabs (veil worn by Muslim women) and praying in an undisclosed rural location. He says in the video that the girls have converted to Islam.
They don’t appear to be in any stress while reciting something very loudly in Arabic.
Holding a pad in his hand, Shekau tells the camera, "These girls, these girls you occupy yourselves with their affair we have indeed 'liberated' them. We have indeed 'liberated' them.
"Do you know 'we have liberated them'? These girls have become Muslims. They are Muslims."
He added that the students would not be released until members of his terror group are freed:
"It is now four years or five years that you arrested our brethren and they are still in your prison. You are doing many things (to them). And now you are talking about these girls. We will never release them until after you release our brethren."
In an earlier video, the Boko Haram leader said"I abducted your girls. I will sell them in the market, by Allah."
"Allah has instructed me to sell them. They are his property and I will carry out his instructions," he added.
There were no girls in that video. Just two armed and masked militants wielding AK-47s on either side of them.
Boko Haram, or the Congregation of the People of Tradition for Proselytism and Jihad, is an Islamist militant terrorist organization based in Nigeria. It is fundamentally opposed to “westernization” of local culture and wants to establish an “Islamic” state based on the principles of shariah (Islamic law). Some reports also suggest that it might have established links with Al Qaeda.
Since its inception, the organization has wreaked havoc in the country through bombings, assassinations, abductions, and attacks. Violence linked to the Boko Haram insurgency has resulted in an estimated 10,000 deaths between 2002 and 2013.
There is worldwide concern for the welfare of these girls.
The United States has offered to send an American team to Nigeria to support the government's response to the kidnapping.
Nigerian President Goodluck Jonathan has agreed to attend a summit in Paris on Saturday to discuss measures against Boko Haram. Britain has been invited, as have the EU, the United States and the four countries bordering Nigeria – Benin, Cameroon, Chad and Niger.
Here’s hoping the girls get back home safe and sound.