Trading Statement 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") TRADING STATEMENT In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next, will differ by at least 20% from those of the previous corresponding period. AfroCentric shareholders are accordingly advised that: Basic earnings per share (“EPS”) for the year ended 30 June 2012 is expected to be between 30% and 40% higher compared to the EPS for the year ended 30 June 2011. Headline earnings per share (“HEPS”) for the year ended 30 June 2012 is expected to be between 15% and 20% higher compared to the HEPS for the year ended 30 June 2011. The financial information on which this trading statement is based has not been reviewed or reported on by AfroCentric's auditors. The results for the year ended 30 June 2012 are expected to be published on or about 28 September 2012. Johannesburg 21 September 2012 Sponsor: Sasfin Capital (a division of Sasfin Bank Limited) Date: 21/09/2012 04:10:00 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.