AFROCENTRIC INVESTMENT CORP LIMITED - Directors dealings in securities

Directors dealings in securities

AFROCENTRIC INVESTMENT CORPORATION LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1988/000570/06)

JSE Code: ACT, ACTP

ISIN: ZAE000078416, ZAE000082269

(“AfroCentric” or “the Company”)



DIRECTORS DEALING ANNOUNCEMENT





In compliance with paragraphs 3.63 to 3.74 of the Listings

Requirements of the JSE Limited the following information is

disclosed:





Name of Director        :    Mr T Rametse

Company                 :    AfroCentric

Date of transaction     :    29 November 2013

Nature of transaction   :    On-market disposal

Class of security       :    Ordinary Shares

Number of securities    :    600,000

Trade price             :    R4.00

Value of transaction    :    R2,400,000

Nature of interest      :    Direct beneficial

Clearance obtained      :    Yes









Name of Director        :    Mr L R Callakoppen

Company                 :    AfroCentric

Date of transaction     :    29 November 2013

Nature of transaction   :    On-market disposal

Class of security       :    Ordinary Shares

Number of securities    :    800,000

Trade price             :    R4.00

Value of transaction    :    R3,200,000

Nature of interest      :    Direct beneficial

Clearance obtained      :    Yes





Name of Director        :    Mr W R C Holmes

Company                 :    AfroCentric

Date of transaction     :    29 November 2013

Nature of transaction   :    On-market disposal

Class of security       :    Ordinary Shares

Number of securities    :    800,000

Trade price             :    R4.00

Value of transaction    :    R3,200,000

Nature of interest      :    Direct beneficial

Clearance obtained      :    Yes



Johannesburg

3 December 2013



Sponsor

Sasfin Capital, a division of Sasfin Bank Limited


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