Cautionary Announcement

AECI Limited - Cautionary Announcement

PR Newswire

London, October 18

AECI LIMITEDIncorporated in the Republic of South Africa(Registration number: 1924/002590/06)Share code: AFE ISIN: ZAE000000220(“AECI” or “the Company”)

Cautionary announcement

Shareholders are advised that the Company has entered into discussions relating to two potential acquisitions which, if either is successfully concluded, may have an effect on AECI’s share price.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a further announcement in this regard is made.

Sandton18 October 2017

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)