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AFE - AECI Limited - Dealing in securities

Release Date: 29/05/2008 12:12:02      Code(s): AFE
AFE - AECI Limited - Dealing in securities                                      
AECI LIMITED                                                                    
Incorporated in the Republic of South Africa                                    
(Registration No. 1924/002590/06)                                               
Share code:  AFE & ISIN No. ZAE000000220                                        
DEALING IN SECURITIES                                                           
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director:                        Mr S Engelbrecht                               
Company:                         AECI Limited                                   
Date of transaction:             28 May 2008                                    
Nature of transaction:           Exercise of options and subsequent             
                                sale of shares in respect of the                
Class of securities:             Options in respect of ordinary                 
Number of options exercised:     50,000                                         
Option strike price:             R4.50                                          
Value of exercise:               R225,000                                       
Number of shares sold:           22,073                                         
Selling price:                   R67.41                                         
Value of sale:                   R1,487,941                                     
Nature and extent of                                                            
director`s interest:             Direct beneficial                              
Clearance obtained:              Yes, from Chairman                             
29 May 2008                                                                     
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 29/05/2008 12:12:01 Supplied by www.sharenet.co.za                     
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