Statement re change of AGM date

9 May 2011 13:00

AECI LIMITED

Incorporated in the Republic of South Africa

(Registration No. 1924/002590/06)

Share code: AFE ISIN No. ZAE000000220

(AECI)

CHANGE IN DATE OF ANNUAL GENERAL MEETING ("AGM") AND REVISED AGM NOTICE

Shareholders are referred to the notice of AGM announcement published on SENS on 5 May 2011 ("the Announcement").

The Announcement set out details of AECI's AGM, scheduled for Monday, 30 May 2011 at 09h00, at which the business as stated in the notice of AGM forming part of the annual financial statements ("the Notice") would be conducted.

Shareholders are advised that the date of the AGM has subsequently been amended to Tuesday, 31 May 2011 at 09h00, with the Notice having been revised to take into account the provisions of the Companies Act No. 71 of 2008 ("the Revised Notice"). The Revised Notice and proxy form has been posted to shareholders today, 9 May 2011.

Woodmead, Sandton

9 May 2011

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