Change to the AECI board: appointment of a non-executive director AECI LIMITED Incorporated in the Republic of South Africa (Registration number: 1924/002590/06) Share code: AFE ISIN: ZAE000000220 Hybrid code: AFEP ISIN: ZAE000000238 Bond company code: AECI (“AECI” or “the Company”) CHANGE TO THE AECI BOARD: APPOINTMENT OF A NON-EXECUTIVE DIRECTOR AECI is pleased to announce the appointment of Ms Fikile De Buck as a Non-executive Director of the Company. Fikile is an Independent Non-executive Director of Harmony Gold Mining Company Limited, where she chairs the Audit and Risk Committee and is a member of the Social and Ethics, Remuneration and Nominations Committees. She also serves in a Non-executive capacity on the board of Mercedes-Benz South Africa Limited, where she chairs the Audit Committee and is a member of the Social and Ethics Committee. A chartered certified accountant, Fikile is a fellow and member of the Association of Chartered Certified Accountants (ACCA) (UK). She is a member of Women in Mining South Africa and founding President of the Global Forum of Women Entrepreneurs, South Africa chapter. Between 2000 and 2008, she worked in various capacities at the Council for Medical Schemes in South Africa, including as Chief Financial officer and Chief Operations Officer. Prior to that she was Treasurer at the Botswana Development Corporation. Her appointment will take effect on 1 June 2019. Woodmead, Sandton 29 May 2019 Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 29/05/2019 04:23:00 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.