Director dealing

22 May 2013

AfriAg plc

("AfriAg" or the "Company")

Director dealing

AfriAg plc (AIM: AFRI), the AIM listed investing company, announces that on 22 May 2013 it received notification that, on 21 May 2013, David Lenigas (Executive Chairman) acquired 500,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 0.65 pence per Ordinary Share. Following this transaction, David Lenigas holds 104,000,000 Ordinary Shares in the Company representing 12.67% of the current issued share capital of the Company.

David Lenigas also holds 40,000,000 warrants which entitle him to subscribe for 40,000,000 new Ordinary Shares in the Company at a price of 0.1 pence per Ordinary Share, exercisable at any time up to 31 December 2015. David Lenigas also holds share options over a total of 13,000,000 Ordinary Shares in the Company at an exercise price of 0.1 pence per Ordinary Share.

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