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

AECI LIMITED (Incorporated in the Republic of South Africa) (Registration number 1924/002590/06) Tax reference number: 9000008608 Share code: AFEP ISIN: ZAE000000238 ("AECI" or "the Company") DECLARATION OF INTERIM PREFERENCE SHARE DIVIDEND NO. 154 NOTICE IS HEREBY GIVEN that on Friday, 22 May 2015, the Directors of AECIdeclared a gross cash dividend, at the rate of 5,5 per cent per annum(equivalent to 2,75 pence sterling), for the six months ending Monday, 15 June2015. The dividend is payable on Monday, 15 June 2015 to holders of preferenceshares recorded in the register of the Company at the close of business on therecord date, being Friday, 12 June 2015. The last day to trade "cum" dividend will be Friday, 5 June 2015 and shareswill commence trading "ex" dividend as from the commencement of business onMonday, 8 June 2015. The dividend is declared in pound sterling and payment will be made from theoffices of the Transfer Secretaries in South Africa and the United Kingdom onMonday, 15 June 2015. Dividends payable from South Africa will be paid in SouthAfrican currency at the rate of 51,01575 ZA cents per share (gross dividend) inaccordance with the exchange rate ruling on Monday, 18 May 2015 (1 poundsterling = ZAR18,55118). A South African dividend withholding tax of 15% will be applicable to allshareholders who are not either exempt or entitled to a reduction of thewithholding tax rate in terms of a relevant Double Taxation Agreement resultingin a net dividend of 43,36339 ZA cents per share payable to those shareholderswho are not eligible for exemption or reduction. Application forms forexemption or reduction may be obtained from the Transfer Secretaries and mustbe returned to them on or before Friday, 5 June 2015. Dividends payable from the United Kingdom office will be subject to such taxdeductions as are prescribed by United Kingdom legislation unless a certificateexempting the shareholder concerned from such tax deduction is received beforeFriday, 5 June 2015. The issued share capital of the Company at the declaration date is 128 241 140listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinaryshares and 3 000 000 listed cumulative preference shares. The dividend has beendeclared from the income reserves of the Company. Any change of address or dividend instruction must be received on or beforeFriday, 5 June 2015. Share certificates may not be dematerialised or rematerialised between Monday,8 June 2015 and Friday,12 June 2015, both days inclusive. By order of the Board EN RapooGroup Company SecretaryWoodmead, Sandton 22 May 2015 Transfer SecretariesComputershare Investor Services (Pty) Ltd70 Marshall Street, Johannesburg 2001andComputershare Investor Services PlcPO Box 82The PavilionsBridgwater RoadBristol BS99 7NHEngland Registered office1st floor, AECI Place24 The WoodlandsWoodlands DriveWoodmeadSandton SponsorRand Merchant Bank (A division of FirstRand Bank Limited)