Net Asset Value(s)

3 September 2009

                   Africa Opportunity Fund Limited

Africa Opportunity Fund Limited (AIM: AOF) announces that as at close
of business on  31 August  2009, its  unaudited net  asset value  per
share was US$0.662.

For further information please contact:

Africa Opportunity Fund Limited
Francis Daniels                         Tel: [phone]

Grant Thornton Corporate Finance
Philip Secrett                                        Tel: +44 207
383 5100

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