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Aeci - Cautionary Announcement

Release Date: 11/03/1999 14:31:38      Code(s): AFE AED5AFEP
AECI
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
REGISTRATION NUMBER 04/02590/06
CAUTIONARY ANNOUNCEMENT
SHAREHOLDERS ARE ADVISED, IN THE LIGHT OF RECENT PRESS COMMENT, THAT NEITHER
AECI LIMITED ("AECI" OR "THE COMPANY") NOR ITS MAJOR SHAREHOLDER HAVE RECEIVED
ANY NEW APPROACH FROM SASOL LIMITED OR ANY OTHER PARTY TO ACQUIRE THE COMPANY.
AECI IS ENGAGED IN DISCUSSIONS WITH DYNO INDUSTRIER ASA OF NORWAY AND ORICA
LIMITED OF AUSTRALIA CONCERNING ITS EXPLOSIVES BUSINESS. THESE DISCUSSIONS, IF
SUCCESSFULLY CONCLUDED, MAY AFFECT THE PRICE OF AECI'S SHARES.
ACCORDINGLY, SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THEIR
AECI SHARES UNTIL A FURTHER ANNOUNCEMENT IS MADE.
WOODMEAD
11 MARCH 1999
FINANCIAL ADVISER
ING BARINGS
SPONSORING BROKER
ING BARINGS
ING BARINGS SOUTHERN AFRICA LIMITED
(MEMBER OF THE JOHANNESBURG STOCK EXCHANGE)
(REGISTRATION NUMBER 94/04352/07)



                                        
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