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Thu 13 Oct 2011, 10:45 AVI - AVI Limited - Dealing in AVI shares by AVI directors and directors of
AVI
AVI                                                                             
AVI - AVI Limited - Dealing in AVI shares by AVI directors and directors of     
major subsidiaries                                                              
AVI Limited                                                                     
(Registration Number 1944/017201/06)                                            
Share Code: AVI                                                                 
ISIN: ZAE000049433                                                              
("AVI")                                                                         
DEALING IN AVI SHARES BY AVI DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES      
In compliance with Rules 3.63 - 3.74 of the Listings Requirements of the JSE    
Limited ("the JSE"), the following information is disclosed:                    
Director  :                        Simon Crutchley                              
Company   :                        AVI Limited                                  
Date of transaction :              12 October 2011                              
Price per unit :                   R32.75                                       
Number of ordinary shares     :    230 396                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R7 545 469.00                                
Nature of transaction    :         Exercise and sale of share options           
                                  in the market                                 
Extent of interest  :              Direct beneficial                            
Director  :                        Owen Cressey                                 
Company   :                        AVI Limited                                  
Date of transaction :              12 October 2011                              
Price per unit :                   R32.75                                       
Number of ordinary shares     :    123 555                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R4 046 426.25                                
Nature of transaction    :         Exercise and sale of share options           
                                  in the market                                 
Extent of interest  :              Direct beneficial                            
Director  :                        Donnee MacDougall                            
Company   :                        National Brands Limited                      
Date of transaction :              11 October 2011                              
Price per unit :                   R32.60                                       
Number of ordinary shares     :    118 942                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R3 877 509.20                                
Nature of transaction    :         Exercise and sale of share options           
                                  in the market                                 
Extent of interest  :              Direct beneficial                            
Director  :                        David Hood                                   
Company   :                        National Brands Limited                      
Date of transaction :              11 October 2011                              
Price per unit :                   R32.60                                       
Number of ordinary shares     :    172 524                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R5 624 282.40                                
Nature of transaction    :         Exercise and sale of share options           
                                  in the market                                 
Extent of interest  :              Direct beneficial                            
Director  :                        Simon Crutchley                              
Company   :                        AVI Limited                                  
Date of transaction :              12 October 2011                              
Price per unit :                   R32.00                                       
Number of ordinary shares     :    220 592                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R7 058 944.00                                
Nature of transaction    :         Exercise of share options and transfer       
                                  of shares                                     
Extent of interest  :              Direct beneficial                            
Director  :                        Owen Cressey                                 
Company   :                        AVI Limited                                  
Date of transaction :              12 October 2011                              
Price per unit :                   R32.00                                       
Number of ordinary shares     :    100 000                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R3 200 000.00                                
Nature of transaction    :         Exercise of share options and transfer       
                                  of shares                                     
Extent of interest  :              Direct beneficial                            
Director  :                        David Hood                                   
Company   :                        National Brands Limited                      
Date of transaction :              12 October 2011                              
Price per unit :                   R32.00                                       
Number of ordinary shares     :    115 017                                      
Class of securities :              Options in respect of ordinary shares        
Aggregate consideration  :         R3 680 544.00                                
Nature of transaction    :         Exercise of share options and transfer       
                                  of shares                                     
Extent of interest  :              Direct beneficial                            
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. The above sale transactions were all done on market.                       
Illovo                                                                          
Sandton                                                                         
13 October 2011                                                                 
Sponsor                                                                         
Standard Bank                                                                   
Date: 13/10/2011 10:45:04 Produced by the JSE SENS Department.                  
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