AfroCentric Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1988/000570/06)

JSE Code: ACT ISIN: ZAE000078416 ("the Company" or "AfroCentric")

Dealings in securities by an Associate of 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:

Name of associate:

WAD Holdings Proprietary Limited ("WAD")

Name of director:

Willem Britz

Designation:

Non-Executive Director of AfroCentric

Relationship of associate to director:

Willem Britz is a shareholder and director of WAD

Date of transactions:

5 April 2022 (1)

6 April 2022 (2)

7 April 2022 (3)

Nature of transactions:

On market purchases of AfroCentric securities

Class of security:

Ordinary shares

Number of securities:

15 043 (1)

244 363 (2)

497 768 (3)Price per security (cents):

490 (1)

490 (2)

490 (3)Value of transactions:

R 73,710.70 (1)

R1 197 378.70 (2)

R2 439 063.20 (3)Nature of interest:

Indirect Beneficial

Clearance obtained:

N/AJohannesburg 8 April 2022

JSE Sponsor to AfroCentric

Questco Corporate Advisory Proprietary Limited

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Afrocentric Investment Corporation Ltd. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 11:29:05 UTC.