AFROCENTRIC INVESTMENT CORP LIMITED - DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

Afrocentric Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT
ISIN: ZAE000078416
(“AfroCentric” or “the Company”)


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the Company hereby discloses the following dealing in securities by a
director of a major subsidiary:

Name of director:                        Mr. LR Callakoppen

Designation:                             Executive Director of Medscheme Holdings
                                         (Pty) Limited, a major subsidiary of the
                                         Company.

Nature of transactions:                  Sale of AfroCentric securities (On-market
                                         trade)

Nature of interest:                      Direct beneficial

Class of securities:                     Ordinary shares

Date of transaction:                     28 April 2016

Number of securities:                    20 000

Price per security (cents):              540

Value of transaction:                    R108 000.00
:
Clearance obtained:                      yes


Johannesburg
29 April 2016

Sponsor:
Sasfin Capital (a division of Sasfin Bank Limited)

Date: 29/04/2016 12:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.