Update to Announcement Regarding the Release of Interim Results, IAS Presentation and Response to Media Statements AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: AEE ISIN: ZAE000195731 ("AEEI" or "the Company") Update to Announcement Regarding the Release of Interim Results, Investor Analyst Society Presentation and Response to Media Statements AEEI shareholders are referred to the announcement (“Announcement”) released on SENS on 13 March 2019, and using the definitions therein, are advised that the release of the Company’s Interim Results will not occur within the four to six week time frame as set out in the Announcement due to unexpected developments within the AEEI Group. Shareholders will be advised in due course of the amended dates regarding the release of the Company’s Interim Results. With regards to the Presentation, should AEEI elect to continue with such Presentation, shareholders will be made aware of the applicable dates in due course. The Company is confident the above developments will be resolved shortly with the Interim Results being released prior to 31 May 2019 in compliance with paragraph 3.15 of the Listings Requirements of JSE Limited. Cape Town 12 April 2019 Sponsor Vunani Corporate Finance Date: 12/04/2019 04:30:00 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.