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A E C I LIMITED - Dealing in securities by a director of a major subsidiary

Release Date: 25/08/2016 14:00:00      Code(s): AFE     
(Incorporated in the Republic of South Africa)
(Registration Number: 1924/002590/06)
Share code: AFE ISIN: ZAE000000220


In compliance with JSE Limited Listings Requirements, shareholders are advised of the following
dealings in AECI's securities:

Name:                              Edwin Ludick
Position and company:              Director of AEL Holdco Limited, a major subsidiary of AECI
Class of securities:               Ordinary shares
Nature of transaction:             On-market sale of ordinary shares
Date of transaction:               16 August 2016
Number of securities:              3 765
Price per security:                10 035 cents
Total value of transaction:        R377 817.75
Extent of interest:                Direct beneficial
Clearance to deal obtained:        No clearance was obtained from the Chairman

Woodmead, Sandton

25 August 2016

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25/08/2016 02:00:00 Supplied by www.sharenet.co.za                     
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