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Aeci - Cautionary Announcement

Release Date: 22/11/2000 15:27:47      Code(s): AFE AFEP
AECI LIMITED
(REGISTRATION NUMBER 1924/002590/06)
("AECI" OR THE "COMPANY")
CAUTIONARY ANNOUNCEMENT
SHAREHOLDERS ARE ADVISED THAT AECI HAS REACHED AGREEMENT IN PRINCIPLE, SUBJECT
TO CERTAIN CONDITIONS, WITH ANGLO SOUTH AFRICA (PROPRIETARY) LIMITED ("ANGLO"),
THE HOLDER OF APPROXIMATELY 53% OF THE ORDINARY SHARES IN AECI, REGARDING A
POTENTIAL -AG1-REPURCHASE BY AECI OF A PORTION OF ANGLO'S SHAREHOLDING IN AECI,
THE IMPLEMENTATION OF WHICH MAY HAVE A MATERIAL EFFECT ON THE PRICE OF THE
COMPANY'S SECURITIES.
ACCORDINGLY, SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION IN THEIR DEALINGS IN
THE COMPANY'S SECURITIES UNTIL A FURTHER ANNOUNCEMENT IS MADE.
WOODMEAD,
22 NOVEMBER 2000



                                        
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