AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code:  AFEP     ISIN No. ZAE000000238
((“AECI” or “the Company”)

NOTICE IS HEREBY GIVEN that on Friday, 20 May 2011 the Directors of AECI Limited declared a dividend at the rate of 5.5 per cent per annum for the six months ending Wednesday, 15 June 2011 payable on Wednesday, 15 June 2011 to holders of preference shares recorded in the books of the Company at the close of business on Friday, 10 June 2011.

The last day to trade cum dividend will be Friday, 3 June 2011 and shares will commence trading ex dividend as from Monday, 6 June 2011.

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 Wednesday, 15 June 2011.

Dividends payable from South Africa will be paid in South African currency at the rate of 31.20728 cents per share in accordance with the exchange rate ruling on Monday, 16 May 2011 (1 pound sterling = R11.3481).

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, 3 June 2011.

Any change of address or dividend instruction must be received on or before Friday, 3 June 2011.

Share certificates may not be dematerialised or rematerialised from Monday, 6 June 2011 to Friday, 10 June 2011, both days inclusive.

By order of the Board

E A Rea
Acting Company Secretary
Woodmead, Sandton

20 May 2011

Transfer Secretaries
Computershare Investor Services (Pty) Limited
70 Marshall Street, Johannesburg 2001
and
Computershare Investor Services PLC
P O Box 82
The Pavilions
Bridgwater Road
Bristol BS99 7NH
England

Registered office
1st Floor, AECI Place
24 The Woodlands
Woodlands Drive
Woodmead
Sandton

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