Net Asset Value(s)

3 March 2010

Africa Opportunity Fund Limited

Africa Opportunity Fund Limited (AIM: AOF) announces that as at close of
business on 28 February 2010, its unaudited net asset value per share was
US$0.786.

For further information please contact:

Africa Opportunity Fund Limited
Francis Daniels            Tel: [phone]

Grant Thornton Corporate Finance (Nominated Adviser)
Philip Secrett                Tel: [phone]

For more information about AOF, seewww.africaopportunityfund.com
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http://www.africaopportunityfund.com>




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