ADW - African Dawn Capital Limited - Dealing in securities by a director

ADW - African Dawn Capital Limited - Dealing in securities by a director        
AFRICAN DAWN CAPITAL LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/020520/06)                                            
JSE code: ADW                                                                   
ISIN: ZAE000060703                                                              
("Afdawn" or "the company")                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
Shareholders are advised that Shock Proof Investment 20 (Pty) Limited has       
entered into an agreement with Sandown Capital (Pty) Limited ("Sandown          
Capital"), a major shareholder in Afdawn, to purchase from Sandown Capital      
13 300 000 Afdawn shares held by Sandown Capital.  Jacques Groenewald, a        
director of Afdawn, is also a shareholder and director of Shock Proof           
Investment 20 (Pty) Limited.                                                    
In compliance with the terms of paragraph 3.63 to 3.74 of the Listings          
Requirements of the JSE Limited, the Company hereby discloses the following     
director`s dealings in the Company`s shares:                                    
Name of director:        Mr Jacques Groenewald                                  
Designation:             Non-Executive Director                                 


Date of transaction:     6 June 2012                                            
                                                                                
Class of securities:     Ordinary shares                                        


Price:                   15 cents per share                                     
                                                                                
Number of securities:    13 300 000                                             


Total value:             R1 995 000.00                                          
                                                                                
Nature of interest:      Indirect beneficial through his                        
association as a shareholder and                        

                        director of Shock Proof Investment 20                   
                        (Pty)Limited                                            
                                                                                
Nature of transaction:   Acquisition of Afdawn shares                           
                                                                                
Clearance obtained       Yes                                                    
                                                                                
Nature of trade          On market trade                                        
Johannesburg                                                                    
7 June 2012                                                                     
Designated Advisor:                                                             
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 07/06/2012 14:42:01 Supplied by www.sharenet.co.za                     
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.