Renewal of Cautionary Announcement

AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE000195731
('the Company')

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement dated 1
October 2020 and the subsequent renewal of such cautionary
announcement dated 12 November 2020 regarding the proposed broad-based
black economic empowerment transaction ('the Transaction') to be
implemented at Premier Fishing SA Proprietary Limited, a wholly owned
subsidiary of Premier Fishing and Brands Limited.

Shareholders are advised that negotiations in respect of the
Transaction are still ongoing and accordingly are advised to continue
to exercise caution when dealing in the Company's securities until a
further announcement is made.

Cape Town
28 December 2020

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 28-12-2020 01:30:00

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AEEI - African Equity Empowerment Investments Limited published this content on 28 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2020 11:52:05 UTC