Dealing in securities by an associate of a director of Astoria ASTORIA INVESTMENTS LTD (Incorporated in the Republic of Mauritius) (Registration number 1297585 C1/GBL) SEM share code: ATIL.N0000 JSE share code: ARA NSX share code: ARO ISIN: MU0499N00007 ("Astoria" or "the company") DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF ASTORIA Raclaud (Pty) Ltd ("Raclaud"), an associate of Darryl Kaplan (who is a director of Astoria), holds shares in Astoria through a Note Structure managed under a non-discretionary mandate. On 9 November 2018, an instruction was erroneously executed by the broker of Raclaud to sell 1 549 shares in Astoria to cover annual fees in respect of the Note Structure. Darryl Kaplan was only notified of the dealing by the broker on 13 March 2019. Shareholders are accordingly advised that following the sale as set out hereunder, Darryl's total indirect shareholding in Astoria is 50 751 ordinary shares. Name of associate: Raclaud Name of director and relationship to director: Darryl Kaplan, who is a director and shareholder of Raclaud Transaction date: 9 November 2018 Class of securities: Ordinary shares Number of securities: 1 549 Price per security: ZAR12.84 Total value: ZAR19 889.16 Nature of transaction: On-market sale through the JSE Nature and extent of director's interest: Indirect beneficial Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE, and a secondary listing on the main board of the Namibian Stock Exchange. 14 March 2019 This notice is issued pursuant to SEM Listing Rules 11.9. The Board of Directors of Astoria Investments Ltd accepts full responsibility for the accuracy of the information in this announcement. JSE designated advisor Java Capital NSX sponsor Namibia Equity Brokers Mauritian company administrator Osiris International Group Date: 14/03/2019 12:15:00 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.