AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - Dealings in securities by director of the company

Dealings in securities by director of the company

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

DEALINGS IN SECURITIES BY DIRECTOR OF THE COMPANY

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following
dealings in ARC Investments securities by a director of the Company:

Name of director:                                  Refiloe Nkadimeng
Office held:                                       Director
Company:                                           ARC Investments

Date of transaction:                               23 March 2020
Nature of transaction:                             On-market purchase of securities
Number of securities:                              1565
Class of securities:                               ARC Investments ordinary shares
Purchase price:                                    260.00 cents
Total value of the transaction:                    R4 069.00
Nature of interest:                                Direct beneficial
Clearance obtained:                                Yes

Date of transaction:                               24 March 2020
Nature of transaction:                             On-market purchase of securities
Number of securities:                              5488
Class of securities:                               ARC Investments ordinary shares
Purchase price:                                    240.00 cents
Total value of the transaction:                    R13 171.20
Nature of interest:                                Direct beneficial
Clearance obtained:                                Yes


Ebene, Mauritius (with simultaneous circulation in Johannesburg)
27 March 2020

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

Date: 27-03-2020 09:47:00
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