Cautionary announcement

AECI LIMITED Incorporated in the Republic of South Africa (Registration No. 1924/002590/06) Share code: AFE ISIN No. ZAE000000220 ("AECI" or "the AECI Group") Cautionary announcement Shareholders of AECI ("Shareholders") are advised that AECI has entered intodiscussions relating to the disposal of the greater portion of its propertyassets at Modderfontein, in Gauteng ("the Proposed Disposal"). The propertyassets that are the subject of the Proposed Disposal are surplus to the AECIGroup's operational requirements. Shareholders are accordingly advised to exercise caution when dealing in AECIshares until a further announcement in this regard is made. Woodmead, Sandton 8 July 2013 Investment Bank and Transaction Sponsor: The Standard Bank of South AfricaLimited

Legal Adviser: Webber Wentzel Attorneys