Preference Dividend Declaration

13 Nov 2007 07:00

AECI LIMITED

(Incorporated in the Republic of South Africa)

(Registration Number 1924/002590/06)

ISIN NO ZAE000000238SHARE CODE AFEP("AECI" or "the Company")

NOTICE TO PREFERENCE SHAREHOLDERS - DIVIDEND NO. 139

NOTICE IS HEREBY GIVEN that on Monday, 12 November 2007 the directors of AECI Limited declared a dividend at the rate of 5.5 per cent per annum for the six months ending Friday, 14 December 2007 payable on Friday, 14 December 2007 to holders of preference shares recorded in the books of the Company at the close of business on Friday, 7 December 2007.

The last day to trade cum dividend will be Friday, 30 November 2007 and shares will commence trading ex dividend as from Monday, 3 December 2007.

The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Friday, 14 December 2007.

Dividends payable from South Africa will be paid in South African currency at the rate of 38.23689 cents per share in accordance with the exchange rate ruling on Monday, 12 November 2007 (1 pound sterling = R13.90433).

Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 30 November 2007.

Any change of address or dividend instruction must be received on or before Friday, 30 November 2007.

Share certificates may not be dematerialised or rematerialised from Monday, 3 December 2007 to Friday, 7 December 2007, both days inclusive.

By order of the BoardA KennedyCompany secretaryWoodmead, Sandton13 November 2007Transfer secretaries

Computershare Investor Services 2004 (Pty) Limited

70 Marshall Street, Johannesburg 2001

and

Computershare Investor Services PLC

P O Box 82The PavilionsBridgwater RoadBristol BS99 7NHEnglandRegistered office1st Floor, AECI Place24 The WoodlandsWoodlands DriveWoodmeadSandton

Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)