Dealing In African Equity Empowerment Investments Limited Shares By An Associate Of A Director 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”) DEALING IN AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED SHARES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR K Abdulla COMPANY OF WHICH A DIRECTOR African Equity Empowerment Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary Shares DATE OF TRANSACTION 4 December 2018 PRICE PER SECURITY 456 cents NUMBER OF SECURITIES TRANSACTED 100 000 TOTAL RAND VALUE OF SECURITIES R456 000.00 NAME OF ASSOCIATE Kata Strategic Investments (Proprietary) Limited RELATIONSHIP WITH DIRECTOR The director is a director and shareholder of the associate NATURE OF TRANSACTION Acquisition of shares by an associate of the director (on-market transaction) NATURE AND EXTENT OF INTEREST IN Indirect, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 6 December 2018 Sponsor PSG Capital Date: 06/12/2018 01:35:00 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.