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

Dealings in securities on behalf of the AECI Long-Term Incentive Plan (“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 (“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 28 June 2016, 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:                 24 June 2016
Number of securities:                259 502
Purchase price per security:         8 496.90 cents
Total value of transaction:          R22 049 625.44
Extent of interest:                  Indirect non-beneficial (purchased by Avior via its proprietary
                                     trading account)
Clearance to deal obtained:          Yes

Furthermore, the Company reminds shareholders of the following outstanding awards under the
LTIP in respect of the Directors and Group Company Secretary:

Performance Shares vested on 28 June 2016 in terms of the LTIP
Name                  Position                                                  Number of Shares
Mark Dytor            Chief Executive                                                     28 232
Mark Kathan           Chief Financial Officer                                             26 197
Nomini Rapoo          Group Company Secretary                                              4 183
Edwin Ludick          Director of AEL Holdco Limited, a major subsidiary                   5 969
Wayne Du Chenne       Director of AEL Holdco Limited, a major subsidiary                   3 116

Performance Shares allocated and due to vest on 30 June 2017, subject to the rules of the LTIP                                               
Name                  Position                                                  Number of Shares
Mark Dytor            Chief Executive                                                     17 956
Mark Kathan           Chief Financial Officer                                             13 724
Nomini Rapoo          Group Company Secretary                                              3 606
Edwin Ludick          Director of AEL Holdco Limited, a major subsidiary                   6 084
Wayne Du Chenne       Director of AEL Holdco Limited, a major subsidiary                   3 195

Performance Shares allocated and due to vest on 30 June 2018, subject to the rules of the LTIP
Name                  Position                                                  Number of Shares
Mark Dytor            Chief Executive                                                     27 783
Mark Kathan           Chief Financial Officer                                             20 453
Nomini Rapoo          Group Company Secretary                                              5 574
Edwin Ludick          Director of AEL Holdco Limited, a major subsidiary                  10 785
Wayne Du Chenne       Director of AEL Holdco Limited, a major subsidiary                   5 687

Woodmead, Sandton

28 June 2016

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

Date: 28/06/2016 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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