AECI03 and AECI04 - Listing of New Financial Instruments AECI Limited (Incorporated in the Republic of South Africa) (Registration No. 1924/002590/06) Company code: AECI Bond code: AECI03 ISIN: ZAG000155227 Bond code: AECI04 ISIN: ZAG000155235 (“AECI”) LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted AECI the listing of its Senior Unsecured Floating Rate Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 4 September 2018 and guaranteed by AECI Mining Solutions Limited, Chemical Services Limited, Much Asphalt Proprietary Limited and AECI Mauritius Ltd, effective 21 November 2018. Debt Security Code: AECI03 ISIN: ZAG000155227 Nominal Issued: ZAR 500 000 000.00 Coupon Rate: 3 Month JIBAR plus 151 basis points Maturity Date: 21 November 2022 Debt Security Code: AECI04 ISIN: ZAG000155235 Nominal Issued: ZAR 300 000 000.00 Coupon Rate: 3 Month JIBAR plus 156 basis points Maturity Date: 21 November 2023 Type of Debt Security: Floating Rate Notes Issue Date: 21 November 2018 Issue Price: 100% Interest Commencement Date: 21 November 2018 Interest Determination Date(s): 21 February, 21 May, 21 August and 21 November of each year until maturity, with the first interest determination date being 21 February 2019 First Interest Payment Date: 21 February 2019 Interest Payment Date(s): 21 February, 21 May, 21 August and 21 November of each year until maturity Last Day to Register: By 17h00 on 10 February, 10 May, 10 August and 10 November of each year until maturity Books Close: 11 February, 11 May, 11 August and 11 November of each year until maturity Business Day Convention: Following Business Day Final Maturity Amount: 100% of the Aggregate Nominal Amount Other: The pricing supplements do not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme Summary of Additional Terms: Not Applicable Programme Amount: ZAR5 000 000 000.00 Total Notes in Issue Under Programme: ZAR 880 000 000.00, exclusive of these issuances of notes The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of the JSE Rules. 19 November 2018 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Think Precinct, 1 Merchant Place Cnr Fredman Drive & Rivonia Road Sandton 2196, South Africa P O Box 786273, Sandton, 2146, South Africa Date: 19/11/2018 05:48:00 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.