AFE - AECI Limited - Dealing in securities by a Director

AFE - AECI Limited - Dealing in securities by a Director                        
AECI LIMITED                                                                    
Incorporated in the Republic of South Africa                                    
(Registration No. 1924/002590/06)                                               
Share code: AFE                                                                 
ISIN No: ZAE000000220                                                           
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with sections 3.63 - 3.74 of the Listings Requirements of the JSE 
Limited, the following information is disclosed:                                
Director:                                    Mr N C Axelson                     
Company:                                     AECI Limited                       
Date of transaction(1):                      13 December 2006                   
Number of shares:                            25 000                             
Price:                                       R67.00                             
Date of transaction(2):                      14 December 2006                   
Number of shares:                            4 567                              
Price:                                       R67.00                             
Date of transaction(3):                      15 December 2006                   
Number of shares:                            45 433                             
Price:                                       R66.94                             
Total value:                                 R5 022 274,02                      
Exercise price for all three transactions:   R4.50                              
Class of securities:                         Ordinary shares                    
Nature of transaction:                       Exercise of options                
Extent of interest:                          Direct beneficial                  
Clearance: Permission to deal in these shares has been obtained from the        
chairman of AECI Limited                                                        
Woodmead, Sandton                                                               
15 December 2006                                                                
Sponsor: J.P.Morgan Equities Limited                                            
Date: 15/12/2006 12:56:19 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.