Updated Results Of The Annual General Meeting AfroCentric Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number: 1988/000570/06) JSE Code: ACT ISIN: ZAE000078416 (“the Company”) UPDATED RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are referred to the "Changes to the Board and Results of the Annual General Meeting" announcement released on SENS on Wednesday, 2 November 2016 (“the Announcement”) and are advised that the voting results relating to ordinary resolution number 2.1 for the re-election of Mr JG Appelgryn as a director and ordinary resolution number 3.3 for the re-appointment of Mr A Banderker as a member of the audit committee were incorrectly collated at the annual general meeting. Accordingly, the revised results for ordinary resolution numbers 2.1 and 3.3 are set out below: Shares voted for Shares voted Resolution against Ordinary resolution number 2: Retirement and re-election of directors 59 160 702 313 057 428 2.1 Mr JG Appelgryn 15.89% 84.11% See note 1 Ordinary resolution number 3: Appointment of chairperson and members of the audit committee 305 581 748 66 636 382 3.3 Mr A Banderker 82.10% 17.90% Note 1: Given the result of ordinary resolution number 2.1, Mr JG Appelgryn has ceased to serve as a non-executive director of the Company with effect from 1 November 2016. There were no further updates to the Announcement other than the above. Johannesburg 4 November 2016 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 04/11/2016 03:00:00 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.