3 December 2009

                   Africa Opportunity Fund Limited

Africa Opportunity Fund Limited (AIM: AOF) announces that as at close
of business on 30  November 2009, its unaudited  net asset value  per
share was US$0.737.

For further information please contact:

Africa Opportunity Fund Limited
Francis Daniels                         Tel: +2711 684 1528

Grant Thornton Corporate Finance (Nominated Adviser)
Philip Secrett                                        Tel: +44 207
383 5100

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