Dealing in securities 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”) DEALINGS IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company hereby discloses the following trade by a director of the Company and an associate of a director of the Company: (1) Name of director: Mr Ahmed Banderker Designation: Afrocentric Group Chief Executive Officer Date of transactions: 17 September 2019 Nature of transactions: On market purchase of AfroCentric securities Class of security: Ordinary shares Number of securities: 104 526 Average weighted price per security: R3.27 Highest price traded: R3.30 Lowest price traded: R3.21 Value of transactions: R341 520.54 Nature of interest: Direct Beneficial Clearance obtained: Yes (2) Date of transactions: 18 September 2019 (1) 19 September 2019 (2) Nature of transactions: On market purchases of AfroCentric securities Number of securities: 18 000 (1) 82 000 (2) Price per security: R3.30 (1) R3.30 (2) Value of transactions: R 59 400 (1) R270 600 (2) Clearance obtained: Yes Johannesburg 20 September 2019 Sponsor Sasfin Capital (a member of the Sasfin Group) Date: 20/09/2019 01:42:00 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.