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Aeci Limited - Competition Tribunal Approval For Chemserve Transaction.

Release Date: 28/04/2005 17:17:38      Code(s): AFE
Aeci Limited - Competition Tribunal Approval For Chemserve Transaction.         
AECI LIMITED                                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1924/002590/06)                                               
Share code:  AFE                                                                
ISIN No. ZAE 000000220                                                          
Competition Tribunal approval for Chemserve transaction.                        
On Tuesday, 26 April 2005, the Competition Tribunal granted final approval,     
subject to certain conditions being met, for Chemical Services Limited          
(Chemserve) to acquire Chemiphos (Pty) Limited.  From 1 May 2005, therefore,    
Chemiphos will become a wholly-owned subsidiary of Chemserve.                   
Chemiphos manufactures and supplies specialist polyphosphoric acid to catalyst  
manufacturers, and food grade phosphoric acid to the food and beverage industry.
It also distributes products for a number of international principals.          
Chemserve is a wholly-owned subsidiary of AECI.                                 
JPMorgan Equities Limited                                                       
Date: 28/04/2005 05:17:40 PM Supplied by www.sharenet.co.za                     
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