AVU - Avusa Limited - Dealing in share-based incentives by an executive director

AVU - Avusa Limited - Dealing in share-based incentives by an executive director
AVUSA LIMITED                                                                   
Incorporated in the Republic of South Africa                                    
(Registration number:  2008/002461/06)                                          
Share code:  AVU ISIN code:ZAE000115895                                         
("Avusa")                                                                       
DEALING IN SHARE-BASED INCENTIVES BY AN EXECUTIVE DIRECTOR                      
In terms of paragraphs 3.63 - 3.70 of the Listings Requirements of the JSE      
Limited, the following information relating to the exercise of share-based      
incentives by an executive director, is disclosed:                              
Executive director                 Prakash Desai                                
Company of which a director        Avusa                                        
Date of exercise of share-based                                                 
incentives                         19 September 2011                            
Exercise price                     R24,00 per share                             
Allocation price                   Nil                                          
Class of securities                Avusa ordinary shares                        
Number of share-based                                                           
Incentives                         153 948                                      
Value of transaction               R3 694 752                                   
Nature of transaction              Exercise of rolled-over share-based          
                                  incentives granted in 2003 and 2004 by        
                                  Johnnic Communications Limited                
Extent of interest                 Direct beneficial                            
Written clearance to deal          Yes                                          
Johannesburg                                                                    
21 September 2011                                                               
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 21/09/2011 16:58:01 Supplied by www.sharenet.co.za                     
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