Airtel Africa Regulatory News (AAF)

1

 Details of the person discharging managerial responsibilities / person closely associated

 a)

 Name

 Bharti Global Limited

 2

 Reason for the notification

 a)

 Position/status

 Person closely associated with Mr Shravin Bharti Mittal (director of the Company)

 b)

 Initial notification /Amendment

 Initial notification

 3

 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 a)

 Name

 Airtel Africa plc

 b)

 LEI

 254900ZNZDQL6OWQH623

 4

 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)

 Description of the financial instrument, type of instrument

 Identification code

 Ordinary shares of US$0.50 each

 ISIN: GB00BKDRYJ47

 b)

 Nature of the transaction

 Pledge of shares pursuant to borrowing by Bharti Global Ltd

 c)

 Price(s) and volume(s)

 d)

 Aggregated information

 - Aggregated volume

 - Price

 3,700,000 shares

 N/A

 e)

 Date of the transaction

 27-30 December 2019

 f)

 Place of the transaction

 Outside a trading venue