Trading Statement

AECI LIMITED Incorporated in the Republic of South Africa (Registration No. 1924/002590/06) Share code: AFE ISIN No. ZAE000000220 ("AECI" or "the Company") TRADING STATEMENT In compliance with the JSE Limited ("JSE") Listings Requirements shareholdersare advised that, for the financial year ending 31 December 2013 ("theperiod"), AECI's earnings per share ("EPS") and headline earnings per share("HEPS") are expected to be more than 20% higher than the prior correspondingperiod. Shareholders are also advised that a further trading statement will be releasedon the JSE's Stock Exchange News Service ("SENS"), providing earnings forecastranges for EPS and HEPS, when the Company is in a position to do so. AECI's results for the period are expected to be released on SENS on or aboutTuesday, 25 February 2014. The forecast financial information on which this trading statement is based hasnot been reviewed and reported on by the Company's external auditors. Woodmead, Sandton 9 December 2013

Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)