A E C I LIMITED - Dealings in securities on behalf of the AECI Long-Term Incentive Plan (the LTIP)

Dealings in securities on behalf of the AECI Long-Term Incentive Plan (the “LTIP”)

AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1924/002590/06)
Share code AFE ISIN: ZAE000000220
(“AECI” or “the Company”)

DEALINGS IN SECURITIES ON BEHALF OF THE AECI LONG-TERM INCENTIVE PLAN (THE “LTIP”)

In compliance with the JSE Limited Listings Requirements , shareholders are advised that AECI had
entered into an agreement with Avior Capital Markets Proprietary Limited, an independent third party
broking firm (“Avior”) to purchase AECI ordinary shares (“Shares”) on behalf of the LTIP, in order to
settle the obligations to its participants in respect of the Performance Shares (as defined in the rules
of the LTIP) that vested on 30 June 2017, in a non-dilutive manner in accordance with the rules of
the LTIP.

The following information is disclosed in compliance with the JSE Limited Listings Requirements:

Name of share scheme:         The LTIP
Company:                      AECI
Nature of transaction:        On-market purchase of Shares by Avior on behalf
                              of the LTIP to settle the obligations to the LTIP
                              participants
Class of securities:          Ordinary shares
Date of transaction:          26 June 2017      27 June 2017    28 June 2017         29 June 2017
Number of securities:         10 953            21 664          112 208              259 762
Volume weighted average       10 706,72         10 823,04       10 848,87            10 843,03
purchase price per security   cents             cents           cents                cents
Highest purchase price per    10 787,00         10 907,00       10 925,00            11 010,00
security:                     cents             cents           cents                cents
Lowest purchase price per     10 589,00         10 700,00       10 680,00            10 687,00
security:                     cents             cents           cents                cents
Total value of transaction:   R1 174 938,06 R2 346 062,80 R12 184 943,87             R28 285 110,12
Extent of interest:           Indirect non-beneficial (purchased by Avior via its
                              proprietary trading account)
Clearance to deal             Yes, previously obtained at date of acceptance of
obtained:                     award
                                           

The Company also advises shareholders of the following awards under the LTIP in respect of the
Directors and the Group Company Secretary that vested on 30 June 2017:


Name                Position                                           Number of Shares
Mark Dytor          Chief Executive                                              32 321
Mark Kathan         Chief Financial Officer                                      24 703
Nomini Rapoo        Group Company Secretary                                       6 491
Edwin Ludick        Director of AEL Mining Solutions Limited, a major            10 951
                     subsidiary

Woodmead, Sandton

30 June 2017

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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