Dealings in Securities by a Director of Major Subsidiaries and by an Associate of a 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”) DEALINGS IN SECURITIES BY A DIRECTOR OF MAJOR SUBSIDIARIES AND BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company hereby discloses the following by a director of major subsidiaries and by an associate of a director of the Company: Name of director Timothy Mako Rametse Designation Executive Director of AfroCentric Health (Pty) Limited and Medscheme Holdings (Pty) Limited, which are major subsidiaries of the Company Date of transaction 8 May 2017 Nature of transaction On market sale of AfroCentric ordinary shares Class of security Ordinary shares Number of securities 250 000 Price per security R6.10 Value of transaction R1 525 000.00 Nature of interest Direct Beneficial Clearance obtained Yes Name of director Dr Anna T Mokgokong Designation Non-executive Director of AfroCentric Name of associate Parmtro Investments No 76 (Pty) Limited (Parmtro”) Relationship of associate to director Dr Anna T Mokgokong is a shareholder and director of Parmtro Date of transaction 8 May 2017 Nature of transaction On market purchase of AfroCentric ordinary shares Class of security Ordinary shares Number of securities 250 000 Price per security R6.10 Value of transaction R1 525 000.00 Nature of interest Indirect Beneficial Clearance obtained N/A Johannesburg 9 May 2017 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 09/05/2017 11:21:00 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.