AVI LIMITED - Dealings in AVI Shares by an AVI Director

Dealings in AVI Shares by an AVI Director

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

DEALINGS IN AVI SHARES BY AN AVI DIRECTOR

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
Company                     :   AVI
Date of transaction         :   28 October 2014
Strike price and exercise
price per option            :   R32.43
Number of ordinary shares   :   182 459
Aggregate consideration     :   R 5 917 145.37
Class of securities         :   Ordinary shares
Nature of transaction       :   Acceptance of shares awarded in
                                terms of the AVI Limited Out-
                                Performance Scheme
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of Director            :   Simon Crutchley
Company                     :   AVI
Date of transaction         :   28 October 2014
Price per unit              :   R70.06
Number of ordinary shares   :   182 459
Aggregate consideration     :   R 12 783 077.54
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares accepted 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
29 October 2014

Sponsor
The Standard Bank of South Africa Limited

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