AVI LIMITED - Dealing in AVI Shares By an AVI Director

Dealing in AVI Shares By an AVI Director

AVI Limited
(Incorporated in the Republic of South Africa)
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING 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
Date of transaction         :   19 October 2016
Strike price and exercise
price per option            :   R57.86
Number of ordinary shares   :   54 833
Aggregate consideration     :   R 3 172 637.38
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
Date of transaction         :   19 October 2016
Price per unit              :   R94.04
Number of ordinary shares   :   54 833
Aggregate consideration     :   R 5 156 495.32
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares accepted as 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 director’s dealings as well as
the Listings Requirements of the JSE.

Illovo
Sandton
20 October 2016

Sponsor
The Standard Bank of South Africa Limited

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