AVI LIMITED - Director's dealings in securities

Director's dealings in securities

AVI Limited
Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
(“AVI”)

DEALING IN AVI SHARES BY A DIRECTOR OF AVI

In compliance with Rules 3.63 – 3.74 of the Listings Requirements of
the JSE Limited (“the JSE”), the following information is disclosed:


Name of director            :   Mr O P Cressey
Date of transaction         :   4 October 2012
Strike price and exercise
price per option            :   R18.99
Number of ordinary shares   :   70 000
Aggregate consideration     :   R 1 329 300.00
Class of securities         :   Options in respect of ordinary shares
Nature of transaction       :   Exercise of options granted in October
                                2009
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of director            :   Mr O P Cressey
Date of transaction         :   4 October 2012
Average price per share     :   R61.11
Highest price per share     :   R61.35
Lowest price per share      :   R61.00
Number of ordinary shares   :   70 000
Aggregate consideration     :   R 4 277 866.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares in terms of the options
                                exercised above
Extent of interest          :   Direct beneficial

The above transaction was done on-market.


Name of director            :   Mr O P Cressey
Date of transaction         :   5 October 2012
Strike price and exercise
price per option            :   R18.99
Number of ordinary shares   :   35 000
Aggregate consideration     :   R 664 650.00
Class of securities         :   Options in respect of ordinary shares
Nature of transaction       :   Exercise of options granted in October
                                2009
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of director            :   Mr O P Cressey
Date of transaction         :   5 October 2012
Average price per share     :   R61.44
Highest price per share     :   R61.50
Lowest price per share      :   R61.40
Number of ordinary shares   :   35 000
Aggregate consideration     :   R 2 150 500.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares in terms of the options
                                exercised above
Extent of interest          :   Direct beneficial

The above transaction was done on-market.


Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to directors’ dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
8 October 2012

Sponsor
The Standard Bank of South Africa Limited

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