Net Asset Value(s)

3 June 2009 Africa Opportunity Fund Limited Africa Opportunity Fund Limited (AIM: AOF) announces that as at close of business on 31 May 2009, its unaudited net asset value per share was US$0.560. 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 ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.