Summarised Unaudited Consolidated Results for the Quarter ended 31 March 2020 and Net Asset Value Update ASTORIA INVESTMENTS LTD (Incorporated in the Republic of Mauritius) (Registration number 129785 C1/GBL) SEM share code: ATIL.N0000 JSE share code: ARA ISIN: MU0499N00007 (“Astoria” or “the Company” or “the Group”) SUMMARISED UNAUDITED CONSOLIDATED RESULTS FOR THE QUARTER ENDED 31 MARCH 2020 AND NET ASSET VALUE UPDATE Astoria is a global investment company which aims to grow its net asset value per share at a high compounded rate over time in US Dollar (“$” or “USD”) terms. Astoria has primary listings on the Stock Exchange of Mauritius (“SEM”) and the Alternative Exchange (“AltX”) of the Johannesburg Stock Exchange (“JSE”). The Group’s results are reported in $. Quarter ended Quarter ended Financial year ended 31 March 2020 31 March 2019 31 December 2019 (Unaudited) (Unaudited) (Audited) Net asset value USD 0.03 1.08 0.17 per share Group Income USD’000 298 6,015 2,453 Earnings per USD cents 0.18 0.30 (2.35) share Headline USD cents 0.18 0.30 (2.35) earnings per share A capital payment and special dividend payment which amounted to $0.14 per share were declared on 4 March 2020. SHORT-FORM ANNOUNCEMENT This short-form announcement is the responsibility of the board of directors of Astoria (“Board”) and is only a summary of the information in the full announcement and accordingly does not contain full or complete details. The full announcement was published on SENS on 5 May 2020, and can be found on the Company’s website www.astoria.mu and can be accessed using the following JSE link: https://senspdf.jse.co.za/documents/2020/jse/isse/ARAE/Q1MAR20.pdf Any investment decisions by shareholders and/or investors should be based on the full announcement released on SENS and published on the Company’s website at www.astoria.mu/publications. Copies of the full announcement are available to the public, free of charge, at the registered office of the Company, B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, Republic of Mauritius or via sending an email to info@astoria.mu. By order of the Board Mauritius – 5 May 2020 Company secretary Osiris Corporate Solutions (Mauritius) Limited NOTES Copies of the statement of direct or indirect interest of the Senior Officers of the Company pursuant to rule 8(2)(m) of the Securities (Disclosure of Obligations of Reporting Issuers) Rules 2007 are available to the public upon request to the Company Secretary at the registered office of the Company at B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, Republic of Mauritius. This announcement is issued pursuant to SEM Listing Rules 12.20 and 12.21 and section 88 of the Securities Act 2005 of Mauritius. The Board accepts full responsibility for the accuracy of the information in this announcement. For further information, please contact: Designated Advisor Questco Corporate Advisory Proprietary Limited SEM authorised representative and sponsor GB Capital Date: 05-05-2020 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.