Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code: AFE ISIN No. ZAE000000220
(“AECI” or “the Company”)
In compliance with the JSE Listings Requirements and following the guidance provided to the market in the Stock Exchange News Service (“SENS”) announcement dated 9 December 2013, shareholders are advised that for the financial year ended 31 December 2013 (“the year”) AECI’s earnings per share (“EPS”) are expected to be between 55% and 65% higher than the 520 cents of the prior year. Headline earnings per share (“HEPS”) are expected to be between 50% and 60% higher than the 503 cents of the prior year.
The Company is currently finalising its results for the year and it is expected that these will be released on SENS on or about Tuesday, 25 February 2014.
The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company’s external auditors.
18 February 2014
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)