3rd Dec 2008 09:08
AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code: AFE ISIN No. ZAE000000220
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTOR
In compliance with the JSE Limited Listings Requirements, the followinginformation is disclosed:Director: Mr S Engelbrecht Company: AECI Limited Date of transaction: 2 December 2008 Nature of transaction: Exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 40,000 Option strike price: R17.50 Date option issued: 2 January 2002 Value of transaction: R700,000 Date of transaction: 2 December 2008 Nature of transaction Sale of shares Class of securities Ordinary shares Number of shares sold: 25,304 Selling price: R45.1422 Value of transaction: R1,142,278
Nature of director's interest:
Direct beneficial Clearance obtained: Yes, from Chairman Woodmead3 December 2008Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
vendorRelated Shares:
Aeci 5 1/2% Prf