DIRECTORS’ DEALING IN SECURITIES AH-Vest Limited (Incorporated in the Republic of South Africa) (Registration number 1989/000100/06) Share code: AHL ISIN code: ZAE000129177 (“AH-Vest” or “the Company”) DIRECTORS’ DEALING IN SECURITIES In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the Johannesburg Stock Exchange, shareholders are advised of the following share dealings: Name of director: MT Pather Name of company: AH-Vest Date of transaction: 20 December 2013 Class of securities: Ordinary shares Number of AH-Vest securities: 3 000 000 Price per share: 17.86 cents Total value of transaction: R535 800 Nature of transaction: Sale Nature of interest: Direct beneficial Extent of interest: 2.9% How traded: Off Market Clearance obtained: Yes Name of associate of director: Eastern Trading Proprietary Limited (an associate of IE Darsot Name of company: AH-Vest Date of transaction: 20 December 2013 Class of securities: Ordinary shares Number of securities: 3 000 000 Price per share: 17.86 cents Total value of transaction: R535 800 Nature of transaction: Purchase Nature of interest: Indirect beneficial Extent of interest: 2.9% How traded: Off market Clearance obtained: Yes Name of associate of director: Eastern Trading Proprietary Limited (an associate of IE Darsot Name of company: AH-Vest Date of transaction: 19 December 2013 Class of securities: Ordinary shares Number of securities: 3 859 400 Price per share: 17.86 cents Total value of transaction: R689 288.84 Nature of transaction: Purchase Nature of interest: Indirect beneficial Extent of interest: 3.8% How traded: Off market Clearance obtained: Yes Johannesburg 23 December 2013 Designated Advisor Arcay Moela Sponsors (Pty) Ltd Date: 23/12/2013 03:53:00 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.