AVENG LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
Share code: AEG
Share ISIN: ZAE000194940
JSE 2019 Convertible Bond Code: AEGCB
JSE 2019 Convertible Bond ISIN: ZAE000194940
("Aveng", "the Company")

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcements released on the Stock Exchange News
Service on 29 April 2018, 18 May 2018 and 29 May 2018. Aveng continues to progress both the Capital
Markets Transaction (as defined in the previous SENS announcements) and engagement with Murray &
Roberts in relation to the M&R Transaction (as defined in the previous SENS announcements), having
regard to and considering the impact of Aton's acquisition of a 25.4 % interest in the Company.

These transactions, if successfully concluded, may have a material effect on the price of the Company’s
securities.

Accordingly, shareholders of Aveng are advised to continue exercising caution when dealing in their
securities until further details pertaining to the Capital Markets Transaction and the M&R Transaction are
announced.

Jet Park
11 July 2018

JSE Sponsor
UBS South Africa Proprietary Limited

Financial advisor and transaction sponsor for the Capital Markets Transaction
Rand Merchant Bank (A division of FirstRand Bank Limited)

Legal advisors
Baker McKenzie

Debt sponsor
Absa Bank Limited, acting through its corporate and investment banking division



Michael Canterbury
Group Executive: Strategy & Investor Relations
Tel: 011 779 2979
Email: michael.canterbury@avenggroup.com

Date: 11/07/2018 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.