Net Asset Value(s)

07 August 2020

Africa Opportunity Fund Limited ("AOF")

Net Asset Value - Ordinary Shares

Africa Opportunity Fund Limited (SFS: AOF) announces that as at close of business on 31 July 2020, its unaudited net asset value per ordinary share was US$0.541

For further information please contact:

For more information about AOF, see www.africaopportunityfund.com

Prior to its release, this announcement contained inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.