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Tue 28 Sep 2010, 14:32 AVU - Avusa Limited - Acceptance of share-based incentives by an executive
AVU
AVU                                                                             
AVU - Avusa Limited - Acceptance of share-based incentives by an executive      
director                                                                        
AVUSA LIMITED                                                                   
Incorporated in the Republic of South Africa                                    
(Registration number:  2008/002461/06)                                          
Share code:  AVU  ISIN code ZAE000115895                                        
("Avusa")                                                                       
ACCEPTANCE OF SHARE-BASED INCENTIVES BY AN EXECUTIVE DIRECTOR                   
In terms of paragraph 3.63 - 3.70 of the Listings Requirements of the JSE       
Limited, the following information relating to the acceptance of share-based    
incentives by an executive director, is disclosed:                              
Executive director                 Prakash Desai                                
Company of which a director        Avusa                                        
Transaction date                   28 September 2010                            
Class of securities                Conditional matching awards                  
Number of securities               37 960                                       
Share price                        Nil per conditional matching award           
Value of transaction               Conditional matching award                   
Vesting period                     Conditional matching awards vest in three    
years subject to still being in the employ of 
                                  Avusa                                         
Nature of transaction              Grant and acceptance of conditional matching 
                                  awards                                        
Extent of interest                 Direct beneficial                            
Written clearance to deal          Yes                                          
Johannesburg                                                                    
28 September 2010                                                               
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 28/09/2010 14:32:01 Produced by the JSE SENS Department.                  
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