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Fri 29 Oct 2010, 7:10 AVI - AVI Limited - Finalisation announcement of payment to shareholders out of
AVI
AVI                                                                             
AVI - AVI Limited - Finalisation announcement of payment to shareholders out of 
share premium                                                                   
AVI LIMITED                                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1944/017201/06)                                            
Share Code: AVI                                                                 
ISIN: ZAE000049433                                                              
("AVI" or "the Company")                                                        
FINALISATION ANNOUNCEMENT OF PAYMENT TO SHAREHOLDERS OUT OF SHARE PREMIUM       
Further to the announcement released on SENS on 28 September 2010 and the       
passing of the relevant resolutions at the Annual General Meeting held on       
Wednesday, 20 October 2010, the board of directors of AVI is pleased to announce
that all conditions precedent have been met and accordingly a special payment of
75 cents per share by way of a capital reduction out of share premium will      
proceed as announced. The salient dates are set out below:                      
2010                                                                            
Last day to trade on the JSE in order to receive                                
payment                                                Friday, 5 November       
First trading day ex-payment on the JSE                Monday, 8 November       
Record date*                                           Friday, 12 November      
Payment date                                           Monday, 15 November      
* Date on which at close of business shareholders must be recorded as such in   
the register to receive the payment.                                            
AVI shares may not be dematerialised or rematerialised between Monday, 8        
November 2010 and Friday, 12 November 2010, both days inclusive.                
Illovo                                                                          
29 October 2010                                                                 
Sponsor                                                                         
Standard Bank                                                                   
Date: 29/10/2010 07:10:39 Produced by the JSE SENS Department.                  
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