Analyst Briefing 24 June 2009

Group Chief Executive launches blog

Shingi Munyeza, Group Chief Executive for African Sun Limited, is pleased to announce the launch of his blog.

The African Sun Group Chief Executive's blog seeks to connect the investment community with Shingi Munyeza as he provides periodic commentary and news on various subjects relevant to African Sun Limited and the sub-Saharan Africa tourism environment.

Investment Thesis

"Through a clearly defined strategy for expansion into high growth African markets, African Sun intends to grow its current 2,500 rooms under management to 8,500 rooms by 2012. This will be achieved through acquisition of long-term lease arrangements, management contracts and partnerships with property developers in a manner that maximises efficiencies and minimises operational risk.".

"African Sun has re-defined its business to encompassing all aspects of the tourism chain to provide a holistic hospitality and leisure product meeting and exceeding the needs and expectations of guests. This responsive ethos has been extended to our investors and we are proud to launch AfricanSunInvestor.com

Shingi Munyeza
CEO African Sun