AFE - AECI - Trading Statement

AFE - AECI - Trading Statement                                                  
AECI Limited                                                                    
("AECI" or "the Company")                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1924/002590/06)                                               
Share code: AFE                                                                 
ISIN code:  ZAE000000220                                                        
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, a listed company must 
publish a trading statement as soon as it is satisfied that a reasonable degree 
of certainty exists that the financial results for the period to be reported    
upon next will differ by at least 20 per cent from that of the previous         
corresponding period.                                                           
AECI expects that for the half year ending 30 June 2007, headline and           
attributable earnings per ordinary share will be between 265 and 235 cents per  
share.  This is 30 to 38 per cent lower than the 378 and 376 cents per share    
respectively reported in the first half of 2006.                                
Earnings in the first half of 2006 were boosted by the gain on disposal of the  
Company`s Milnerton site which contributed some 200 cents to earnings per share 
in that period.  No comparable transaction has taken place in the current       
period.                                                                         
The information in this trading statement has not been reviewed and reported on 
by the auditors of the Company.                                                 
The results for the half year ending 30 June 2007 will be published on 24 July  
2007.                                                                           
Sandton                                                                         
29 June 2007                                                                    
Sponsor                                                                         
J.P. MORGAN EQUITIES LIMITED                                                    
Date: 29/06/2007 07:30:02 Supplied by www.sharenet.co.za                     
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