AVI 201710260019A
Cautionary announcement
AVI Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017201/06
ISIN: ZAE000049433
Share Code: AVI
(“AVI" or “the Group")
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that AVI has received a number of expressions of interest (“EOI”) for certain of the Group’s
business units which may be value enhancing for shareholders. The AVI Board has appointed Rand Merchant Bank
to assist it in evaluating these EOI’s. Accordingly, shareholders should exercise caution when dealing in their AVI
shares until a further announcement is made.
Illovo
26 October 2017
Financial adviser and transaction sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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