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”) DEALINGS IN SECURITIES BY A DIRECTOR 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 trades by a director of the Company and an associate of directors of the Company: Name of Director: Mr Hannes Boonzaaier Designation: Financial Director of AfroCentric Class of securities: Ordinary shares Nature of interest: Direct beneficial Dates of transaction: 27 March 2018 Nature of transaction: On market purchase of AfroCentric securities Number of securities purchased: 4 000 Price per security: R5.90 Value of transaction: R23 600.00 Clearance obtained: Yes Name of associate: Golden Pond Trading 175 Proprietary Limited (“Golden Pond”) Names and designations of directors: Dr Nkateko Munisi, Dr Anna Mokgokong and Mr Joe Madungandaba are 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: 27 March 2018 Nature of transaction: On market purchase of AfroCentric securities Class of security: Ordinary shares Number of securities purchased: 715 000 Price per security: R7.00 Value of transaction: R5 005 000.00 Nature of interest: Indirect Beneficial Clearance obtained: N/A Johannesburg 28 March 2018 Sponsor Sasfin Capital (a member of the Sasfin group) Date: 28/03/2018 02:54:00 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.