Aeci 5 1/2% Prf Regulatory News (87FZ)

28 Jun 2006 12:39

AECI LIMITED ("AECI" or "the Company") (Incorporated in the Republic of South Africa) Registration No. 1924/002590/06 Share code: AFE ISIN code: ZAE00000020 AECI Limited is pleased to announce the appointment of Litha Nyhonyha (47) as anon-executive director of the Company, with immediate effect.Litha is executive chairman and a founder member of Regiments Capital (Pty)Limited, a black-controlled and managed financial services group focused onniche investment banking activities, founded in 2004. Prior to this, hiscareer included a directorship at Worldwide African Investment Group, whichBoard he still serves in a non-executive capacity, and he was CEO of thisGroup's NBC Holdings, as well as CEO of Thebe Financial Holdings for the ThebeInvestment Group. He is a chartered accountant with auditing and corporatefinance experience from his time at Ernst & Young, where he was senior auditmanager and senior corporate finance consultant.Other Board positions currently include chairmanships of the North-WestUnivesity Council and Plessey Telecommunications, and directorships at the Landbank and South African Express Airways.AECI welcomes Litha and looks forward to his input.ends. Fulvia PuteroGroup CommunicationsAECI LimitedTel. +27 011 806-8797 Cell. + 27 82 800 3703 Fax. +27 011 806-8899Fulvia PuteroGroup CommunicationsAECI LimitedTel. +27 011 806-8797 Cell. + 27 82 800 3703 Fax. +27 011 806-8899ENDAECI LTD