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AFE - AECI Limited - Trading Statement

Release Date: 19/06/2008 09:00:01      Code(s): AFE
AFE - AECI Limited - Trading Statement                                          
AECI LIMITED                                                                    
(Incorporated in the Republic of South Africa)                                  
Registration No. 1924/002590/06                                                 
Share code: AFE    ISIN No.:  ZAE000000220                                      
("AECI" or "the Company")                                                       
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, a listed company must 
publish a trading statement as soon as it is satisfied that a reasonable degree 
of certainty exists that the financial results for the period to be reported    
upon next will differ by at least 20% from that of the previous corresponding   
AECI expects that for the half-year ending 30 June 2008, headline and           
attributable earnings per ordinary share will be between 295 and 325 cents per  
share.  This is 25% to 35% higher than the 242 (restated) and 236 cents per     
share respectively reported in the first half of 2007.                          
The major reasons for the expected increase in earnings are the strong trading  
performance by Chemical Services Limited; and strong growth in AEL`s South      
African surface business and its African operations.                            
The information in this trading statement has not been reviewed and reported on 
by the auditors of the Company.                                                 
The results for the half-year ending 30 June 2008 will be published on 29 July  
Woodmead, Sandton                                                               
19 June 2008                                                                    
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 19/06/2008 09:00:01 Supplied by www.sharenet.co.za                     
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