Abridged Consolidated Summarised Annual Financial Results for the year ended 30 June 2019 AEP Energy Africa Limited Incorporated in the Republic of South Africa (Registration number: 2017/024904/06) JSE share code: AEY ISIN: ZAE000241741 (“AEP” or “the Company”) ABRIDGED CONSOLIDATED SUMMARISED ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019 The consolidated summarised financial results for the year ended 30 June 2019, as compared to the year ended 30 June 2018 (“comparative year”), are set out below: • Operating loss increased by 50.3% to a loss of R20,965 million compared to a loss of R13,950 million for the comparative year; and • Basic and headline loss per share both increased by 62.6% to a loss of 382 cents compared to a loss of 235 cents for the comparative year. This short form announcement is the responsibility of the Board and does not contain full or complete details. Any investment decisions by investors and/or shareholders should be based as a whole on consideration of the abridged consolidated summarised annual financial statements for the year ended 30 June 2019 which may be downloaded from (https://senspdf.jse.co.za/documents/2019/jse/isse/AEYE/June19LFA.pdf) or may be viewed, at no cost, at the registered office of the Company and the Johannesburg office of its Sponsor, during ordinary business hours, for a period of 30 calendar days following the date of this announcement. The full announcement is also available on the Company’s website: https://aep.co.za/investor- relations/. This short form announcement has not itself been audited or reviewed. Registered office: 2nd Floor, 28 Fricker Road, Illovo, Sandton, 2196 Illovo 7 November 2019 Sponsor Questco Corporate Advisory Proprietary Limited First Floor, Yellowwood House, Ballywoods Office Park, 33 Ballyclare Drive, Bryanston. Date: 07/11/2019 03:15:00 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.