AVENG LIMITED - Aveng announces Scott Cummins as the new Chief Executive Officer of its subsidiary company, McConnell Dowell Corpora

Aveng announces Scott Cummins as the new Chief Executive Officer of its subsidiary company, McConnell Dowell Corpora

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
Stock Code: AEGCB
ISIN: ZAE000194940
Share Code: AEG
("Aveng" or "the Group")


Aveng announces Scott Cummins as the new Chief Executive Officer of its subsidiary
company, McConnell Dowell Corporation Limited

Aveng announced today the appointment of Scott Cummins as Chief Executive Officer of McConnell
Dowell Corporation Limited, the Group's Asia and the Pacific subsidiary, effective 1 October 2015. Mr
Cummins replaces current CEO, David Robinson who will be retiring in October this year.

Kobus Verster, Chief Executive Officer of Aveng said: “Scott’s appointment follows a comprehensive
executive search which considered both internal and external candidates. I am confident that Scott
will lead McConnell Dowell in sustaining its track record in its anchor market, Australia, while helping
us realise the full potential of its international operations.”

Scott brings vast experience in the construction and engineering industry across various disciplines
and geographies. He has worked in project and functional management and leadership roles in the
Marine, Production, Construction Engineering, Fabrication, Business Development and Regional
operations for McDermott International over the last 25 years. Throughout his career he has held
leadership roles in major locations across the world, including Singapore, Indonesia, Dubai and
London.

Since January 2015 Scott has held the position of Senior Vice President of Commercial at McDermott
International. Prior to this position his roles have included Executive Vice President Offshore, Senior
Vice President and General Manager of Asia Pacific.

He is an Australian national with a Bachelor of Engineering from Monash University, Melbourne,
Australia and an MBA from Strathclyde University, Glasgow, UK.

The Board welcomes Scott to Aveng and looks forward to his contributions.

David Robinson will remain available to the company in a consulting role to assist with the commercial
resolution of outstanding claims.

By order of the Board of Directors
Jet Park
31 July 2015



Sponsor:

J.P. Morgan Equities South Africa Proprietary Limited

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