SENS Announcements

Listing Of AEEI’s Subsidiary, Premier Food And Fishing Limited (“PFF”)

African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE000195731
("AEEI" or “the Company”)

LISTING OF AEEI’S SUBSIDIARY, PREMIER FOOD AND FISHING LIMITED (“PFF”)

1. Shareholders are referred to the Company’s SENS announcement dated
15 November 2016, regarding the planned listing of PFF, currently a
wholly-owned subsidiary of AEEI, on the JSE’s main board (“Listing”),
as well as to the Company’s subsequent SENS announcement dated
24 January 2017.

2. Shareholders wishing to obtain further information regarding the
Listing are referred to PFF’s abridged pre-listing statement, which
has been released today, simultaneously with this announcement, on
SENS (“Abridged PLS”). In addition, PFF’s full pre-listing statement
(“PLS”) will be available on PFF’s website at
www.premierfishing.co.za and on AEEI’s website at www.aeei.co.za,
while copies may also be obtained and are available for inspection
during normal office hours from 13 February 2017 until 2 March 2017
at the registered office of PFF and at the offices of PFF’s sponsor,
PSG Capital.

3. As advised by PFF in the PLS and the Abridged PLS, shares of PFF have
been granted a listing on the main board of the JSE from 2 March 2017
onwards, subject to the Company satisfying the conditions to its
listing.

4. The PLS and the Abridged PLS contain further details regarding the
private placement of up to approximately 117 million ordinary shares
(“Private Placement Shares”) that PFF will be undertaking in
conjunction with the Listing (“Private Placement”). The Private
Placement will involve an offer to invited investors to subscribe for
Private Placement Shares at a price of R4.50 per share.

5. PSG Capital is acting as PFF’s transaction advisor, sponsor and
bookrunner to the Listing. A market roadshow is planned by PFF for
the week starting on Monday, 13 February 2017. Wide audience
presentations will be held in Johannesburg on Tuesday, 14 February
2017 and Cape Town on Thursday, 16 February 2017. Interested parties
can contact Willie Honeyball at PSG Capital on 021 887 9602 /
071 173 4729 or willieh@psgcapital.com.

Cape Town
13 February 2017

Transaction adviser and sponsor to AEEI
PSG CAPITAL

Date: 13/02/2017 07:15:00
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