AFROCENTRIC INVESTMENT CORP LIMITED - Resignation of director

Resignation of director

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”)

CHANGE TO THE BOARD

In compliance with section 3.59 of the JSE Limited Listings Requirements, the Company
wishes to advise shareholders that Mr Dewald Dempers tendered his resignation as an
Executive Director on 02 June 2016.

The Chairman of the Board, Dr Anna Mokgokong, the Company’s Founders and the Board
wishes to thank Dewald for his significant contribution during his lengthy term of office. His
contribution to the Company’s continued success as a shareholder, a Board member and as
CEO is fully recognised and appreciated.

Johannesburg
03 June 2016

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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