Sharenet Sites 
Sharenet Sites
AVU - Avusa limited - Acceptance of share-based incentives by directors of a major subsidiary AVUSA LIMITED Incorporated in the Republic of South Africa (Registration number: 2008/002461/06) Share code: AVU ISIN code: ZAE000115895 ("Avusa") ACCEPTANCE OF SHARE-BASED INCENTIVES BY DIRECTORS OF A MAJOR SUBSIDIARY In terms of paragraph 3.63 - 3.70 of the Listings Requirements of the JSE Limited, the following information relating to the acceptance of share-based incentives by directors of a major subsidiary, is disclosed: Subsidiary director Michael Robertson Subsidiary of which a director Avusa Media Limited Transaction date 3 August 2010 Class of securities Share appreciation rights Number of securities 23 003 Strike price R19,42 per right Value of transaction R446 718,26 Vesting period Share appreciation rights vest in three years subject to the fulfilment of a performance
condition Nature of transaction Grant and acceptance of share appreciation rights (off-market) Extent of interest Direct beneficial Written clearance to deal Yes Subsidiary director Michael Robertson Subsidiary of which a director Avusa Media Limited Transaction date 3 August 2010 Class of securities Conditional awards Number of securities 20 447 Strike price Nil per conditional award Value of transaction Conditional award Vesting period Conditional awards vest in three years subject to the fulfilment of a performance condition Nature of transaction Grant and acceptance of conditional awards (off-market) Extent of interest Direct beneficial Written clearance to deal Yes Subsidiary director Ashok Lachman Subsidiary of which a director Avusa Media Limited Transaction date 3 August 2010 Class of securities Share appreciation rights Number of securities 20 937 Strike price R19,42 per right Value of transaction R406 596,54 Vesting period Share appreciation rights vest in three years subject to the fulfilment of a performance
condition Nature of transaction Grant and acceptance of share appreciation rights (off-market) Extent of interest Direct beneficial Written clearance to deal Yes Subsidiary director Ashok Lachman Subsidiary of which a director Avusa Media Limited Transaction date 3 August 2010 Class of securities Conditional awards Number of securities 11 632 Strike price Nil per conditional award Value of transaction Conditional award Vesting period Conditional awards vest in three years subject to the fulfilment of a performance condition Nature of transaction Grant and acceptance of conditional awards (off-market) Extent of interest Direct beneficial Written clearance to deal Yes Johannesburg 3 August 2010 Sponsor Nedbank Capital Date: 03/08/2010 15:06:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
