Fulfilment Of Conditions Precedent To The Acquisition Of Schirm AECI LIMITED Incorporated in the Republic of South Africa (Registration number: 1924/002590/06) Share code: AFE ISIN: ZAE000000220 (“the Company” or “the Group”) FULFILMENT OF CONDITIONS PRECEDENT TO THE ACQUISITION OF SCHIRM Further to the Company’s announcement released on the Stock Exchange News Service of the JSE Limited on 8 November 2017 regarding the acquisition (i) by AECI Mauritius Limited of 100% of the share capital in Schirm GmbH and shareholder loan claims; and (ii) by Schirm GmbH of (A) the contract manufacturing service business of Imperial Chemical Logistics GmbH; and (B) a property in Wolfenbüttel, Germany (together “Schirm”) (“the Transaction”), shareholders are advised that all conditions precedent to the Transaction have now been fulfilled. Accordingly, the Transaction has become unconditional. In terms of the agreement governing the Transaction, the closing of the Transaction shall take place on 30 January 2018. From this date, the financial results of Schirm will be consolidated under the Group’s Plant & Animal Health strategic pillar and presented on a consolidated basis. Woodmead, Sandton 17 January 2018 Investment Bank, Corporate Advisor and Transaction Sponsor The Standard Bank of South Africa Limited Legal Advisors to AECI Webber Wentzel and Linklaters LLP Date: 17/01/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.