AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - Dealing in securities

Dealing in securities

African Rainbow Capital Investments Limited
Incorporated in the Republic of Mauritius
Company number: C148430
ISIN: MU0553S00000
Share code: AIL
(“ARC Investments”)

DEALING IN SECURITIES

The following information relating to dealings in securities of ARC Investments is disclosed:

Director                                               :     Johan van Zyl
Company                                                :     UBI General Partner Proprietary Limited, the
                                                             general partner of the ARC Fund*
Date of transaction                                    :     11 April 2018
Nature of transaction                                  :     On market purchase of securities

Class of securities                                    :     ARC Investments ordinary shares
Number of securities                                   :     63 494
Volume weighted average purchase price                 :     599.90 cents per share
Total value of transaction                             :     R380 897.77
Highest purchase price                                 :     615.00 cents per share
Lowest purchase price                                  :     593.00 cents per share
Nature of interest                                     :     Direct beneficial
Clearance obtained                                     :     Yes

Director                                               :     Johan van Zyl
Company                                                :     UBI General Partner Proprietary Limited, the
                                                             general partner of the ARC Fund*
Date of transaction                                    :     12 April 2018
Nature of transaction                                  :     On market purchase of securities

Class of securities                                    :     ARC Investments ordinary shares
Number of securities                                   :     474 684
Volume weighted average purchase price                 :     645.00 cents per share
Total value of transaction                             :     R3 065 733.90
Highest purchase price                                 :     650.00 cents per share
Lowest purchase price                                  :     630.00 cents per share
Nature of interest                                     :     Direct beneficial
Clearance obtained                                     :     Yes


*ARC Investments is a Limited Partner in the ARC Fund, an en-commandite partnership. Full
details of the structure were disclosed in the Pre-Listing Statement published on 28 August 2017.

Ebene, Mauritius (with simultaneous circulation in Johannesburg)
16 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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