AVI LIMITED - Directors' dealings in securities

Directors' 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            :   Simon Crutchley
Date of transaction         :   27 November 2012
Strike price and exercise
price per option            :   R15.91
Number of ordinary shares   :   486 338
Aggregate consideration     :   R 7 737 637.58
Class of securities         :   Options in respect of ordinary
                                shares
Nature of transaction       :   Exercise of options granted in
                                April 2009
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Director                    :   Simon Crutchley
Date of transaction         :   27 November 2012
Price per unit              :   R57.04
Number of ordinary shares   :   486 338
Aggregate consideration     :   R27 740 719.52
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            :   Simon Crutchley
Date of transaction         :   28 November 2012
Strike price and exercise
price per option            :   R15.91
Number of ordinary shares   :   104 485
Aggregate consideration     :   R 1 662 356.35
Class of securities         :   Options in respect of ordinary
                                shares
Nature of transaction       :   Exercise of options granted in
                                April 2009
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Director                    :   Simon Crutchley
Date of transaction         :   28 November 2012
Price per unit              :   R57.01
Number of ordinary shares   :   104 485
Aggregate consideration     :   R5 956 689.85
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.

The sales related to options that are due to lapse on 31 March
2013. Clearance to deal in these shares was obtained in
accordance with AVI’s policy with regard to director’s dealings
as well as the Listings Requirements of the JSE.

Illovo
Sandton
29 November 2012

Sponsor
The Standard Bank of South Africa Limited

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