Holding(s) in Company

AECI LTD - Holding(s) in Company

PR Newswire

London, March 30

AECI LIMITED

(Incorporated in the Republic of South Africa)

(Registration Number 1924/002590/06)

Share code AFE ISINZAE000000220

(“AECI” or “the Company”)

ACQUISITION OF SECURITIES BY SEGREGATED CLIENTS OF INVESTEC ASSET MANAGEMENT HOLDINGS (PTY) LTD ("INVESTEC")

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Listings Requirements, shareholders are advised that AECI has received formal notification that segregated clients of Investec have, in aggregate, acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Investec’s clients now amounts to 5,1035% of the total issued ordinary shares of the Company.

Woodmead, Sandton

30 March 2017

Sponsor:

RAND MERCHANT BANK (A division of FirstRand Bank Limited)