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Afe - Aeci - Retirement Of An Executive Director

Release Date: 19/03/2010 15:30:01      Code(s): AFE
AFE - AECI - Retirement Of An Executive Director                                
AECI LIMITED                                                                    
Incorporated in the Republic of South Africa                                    
(Registration No. 1924/002590/06)                                               
Share code: AFE & ISIN No. ZAE000000220                                         
("AECI" or "the Company" or "the Group")                                        
RETIREMENT OF AN EXECUTIVE DIRECTOR                                             
Frank Baker has elected to retire from the Company on 31 March 2010.            
Frank joined AECI in 1976, starting in the Group Technical Department and       
fulfilling various roles within the Chlor-Alkali activities of the Company,     
culminating in his appointment as business team leader for the Polyethylene     
business.                                                                       
In 1993 he was transferred to the Chemical Services Limited (Chemserve) group as
managing director of Plastamid and, after other managing directorships at other 
subsidiaries within Chemserve, he was promoted to managing director of the      
Chemserve group in 2003.  At that time he also joined the executive committee of
AECI and was appointed to the Board of AECI in an executive capacity in 2007.   
We thank Frank for his contribution to the Group over the past 34 years and wish
him well in his retirement.                                                     
Mark Dytor, currently an executive director of Chemserve, has been appointed    
Acting managing director of Chemserve with immediate effect.                    
Fani Titi                                                                       
Chairman                                                                        
AECI Limited                                                                    
Woodmead, Sandton                                                               
19 March 2010                                                                   
Sponsor: RAND MERCHANT BANK (a division of FirstRand Bank Limited)              
Date: 19/03/2010 15:30:01 Supplied by www.sharenet.co.za                     
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