Dealing In African Equity Empowerment Investments Limited Shares By Directors African Equity Empowerment Investments Limited (Formerly Sekunjalo Investments Limited) (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: AEE ISIN: ZAE0000195731 ("AEEI" or “the Company”) DEALING IN AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED SHARES BY DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited’s Listings Requirements, the following information is disclosed: NAME OF DIRECTOR C Ah Sing COMPANY OF WHICH I AM A DIRECTOR African Equity Empowerment Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 24 December 2015 CENTS PER SHARE 325 NUMBER OF SECURITIES TRANSACTED 50 000 TOTAL RAND VALUE OF SECURITIES R162 500.00 NATURE OF TRANSACTION Disposal (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes NAME OF DIRECTOR CF Hendricks COMPANY OF WHICH I AM A DIRECTOR African Equity Empowerment Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 24 December 2015 CENTS PER SHARE 325 NUMBER OF SECURITIES TRANSACTED 40 000 TOTAL RAND VALUE OF SECURITIES R130 000.00 NATURE OF TRANSACTION Disposal (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes Cape Town 24 December 2015 Sponsor PSG Capital Date: 24/12/2015 10:00:00 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.