Posting of circular, notice of general meeting and salient dates 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”) POSTING OF CIRCULAR, NOTICE OF GENERAL MEETING AND SALIENT DATES Shareholders are referred to the quarterly report released on SENS on 10 February 2020, wherein they were advised, inter alia, that a circular and notice to convene a general meeting of shareholders in order to approve or decline the resolution necessary for the voluntary winding-up of the Company (“Winding Up”), would be sent to shareholders in due course (“Circular”). Shareholders are advised that the Circular was posted to shareholders today, 19 February 2020, and is available on the Company’s website: https://aep.co.za/investor-relations/ NOTICE OF GENERAL MEETING A general meeting of AEP shareholders will be held at 10:00 on Thursday, 19 March 2020 at First Floor, Yellowwood House, Ballywoods Office Park, 33 Ballyclare Drive, Bryanston, 2191, for purposes of considering and, if deemed fit, passing, with or without modification, or declining the resolution required to approve and implement the Winding Up (“General Meeting”). SALIENT DATES AND TIMES The salient dates and times relating to the Winding Up are set out below. 2020 Record date to determine which shareholders are entitled to receive the Friday, 7 February Circular Last day to trade in order to vote at the General Meeting Tuesday, 10 March Record date to be eligible to vote at the General Meeting Friday, 13 March Forms of proxy for the General Meeting to be lodged by 10:00 Tuesday, 17 March General Meeting to be held at 10:00 Thursday, 19 March Results of General Meeting and finalisation announcement released on Friday, 20 March SENS Notes: 1. The above dates and times are subject to amendment. Any such amendment will be released on SENS. 2. Any form of proxy not delivered to the Transfer Secretaries by 10:00 on Tuesday, 17 March 2020 may be handed to the chairperson of the General Meeting. Illovo 19 February 2020 Corporate and Designated Advisor Questco Corporate Advisory Proprietary Limited Date: 19-02-2020 04:30:00 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.