Dealing in securities 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”) DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY AND AN ASSOCIATE OF DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company hereby discloses the following dealings by a director of a major subsidiary of the Company and by an associate of directors of the Company: Name of director: Kevin Michael Aron Designation: Executive Director of Medscheme Holdings (Pty) Limited, a major subsidiary of the Company Date of transaction: 4 December 2017 Nature of transaction: On market sale of AfroCentric securities Class of security: Ordinary shares Number of securities: 600 000 Price per security: R7.00 Value of transaction: R4 200 000.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Name of associate: Golden Pond Trading 175 (Pty) Limited (“Golden Pond”) Names and designations of directors: Dr Nkateko Munisi, Dr Anna Mokgokong and Mr Joe Madungandaba (all Non-Executive Directors of AfroCentric) Relationship of associate to directors: Dr Nkateko Munisi is a director of Golden Pond whlist Dr Anna Mokgokong and Mr Joe Madungandaba are directors and shareholders of Golden Pond Date of transaction: 4 December 2017 Nature of transaction: On market purchase of AfroCentric securities Class of security: Ordinary shares Number of securities: 600 000 Price per security: R7.00 Value of transaction: R4 200 000.00 Nature of interest: Indirect Beneficial Clearance obtained: N/A 5 December 2017 Sponsor: Sasfin Capital (a member of the Sasfin group) Date: 05/12/2017 04:45:00 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.