22 December 2008
Africa Opportunity Fund Limited
Director's Dealing
Africa Opportunity Fund Limited ('the Company' or 'AOF') was informed on 19 December 2008 that on 19 December 2008 Robert Knapp, a Director of the Company, purchased 1,230,000 ordinary shares of US$0.01 each at US$0.30 per share.
Following these purchases, Robert Knapp has a total of 8,213,000 ordinary shares representing 7.11 per cent. of the Company's total voting rights.
Additionally, Africa Opportunity Fund Limited ('the Company' or 'AOF') was informed on 19 December 2008 that on 19 December 2008 Francis Daniels, a Director of the Company, purchased 205,000 ordinary shares of US$0.01 each at US$0.30 per share. Following this purchase, Francis Daniels has a total of 2,112,827 ordinary shares representing 1.83 per cent. of the Company's total voting rights.
For further information please contact:
Africa Opportunity Fund Limited
Francis Daniels Tel: +2711 684 1528
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett Tel: +44 207 383 5100
LCF Edmond de Rothschild Securities Limited (Nominated Broker)
Claire Heathfield/Hiroshi Funaki Tel: +44 020 7845 5960
LCF Edmond de Rothschild (C.I.) Limited (Channel Islands Stock Exchange Sponsor)
John Falla Tel +44 148 171 6336
For more information, see www.africaopportunityfund.com