A E C I LIMITED - Update: Sale of surplus land in Cape Town by Paardevlei Properties Proprietary Limited to the City of Cape Town

Update:  Sale of surplus land in Cape Town by Paardevlei Properties Proprietary Limited to the City of Cape Town

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

UPDATE: SALE OF SURPLUS LAND IN CAPE TOWN BY PAARDEVLEI PROPERTIES
PROPRIETARY LIMITED TO THE CITY OF CAPE TOWN ("THE TRANSACTION")

Shareholders are referred to AECI’s announcement published on SENS on 5 June 2015 in this
regard.

The last outstanding condition precedent to which the Transaction was subject was its approval by
the competition authorities.

Shareholders are advised the Transaction was approved today, Wednesday, 24 June 2015, by the
Competition Tribunal of South Africa, without conditions, and accordingly the Transaction has
become unconditional.

Woodmead, Sandton
24 June 2015

Sponsor:                RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Legal advisors to AECI: Webber Wentzel

Date: 24/06/2015 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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