Finalisation announcement - acquisition of a further 74% interest in Activo 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”) FINALISATION ANNOUNCEMENT - ACQUISITION OF A FURTHER 74% INTEREST IN ACTIVO HEALTH PROPRIETARY LIMITED (“ACTIVO”) BY AFROCENTRIC 1. Introduction AfroCentric shareholders (“Shareholders”) are referred to the detailed transaction announcement published on the Stock Exchange News Service of the JSE Limited on 9 October 2018, wherein they were advised that AfroCentric via its subsidiary, ACT Healthcare Assets Proprietary Limited, concluded an agreement in terms of which it acquired a further 74% interest in Activo, from WAD Holdings Proprietary Limited and Messrs SE Claassen and JPF Martin for an aggregate purchase consideration of R588 million (“Acquisition”). 2. Fulfilment of conditions precedent The Acquisition was subject to approval by Shareholders, which was obtained at a general meeting of the Company on 10 January 2019, and the approval of the Competition Commission, which was granted on 26 February 2019. Consequently the Acquisition has now become unconditional and will be implemented according to its terms. The effective date of the Acquisition will be 1 March 2019. Johannesburg 28 February 2019 Sponsor Sasfin Capital (a member of the Sasfin Group) Date: 28/02/2019 10:31:00 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.