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Wed 4 Sep 2002, 0:00 Avi - Dividend Announcement
AVI - Dividend Announcement                                                     
Anglovaal Industries Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1944/017201/06)                                            
("AVI")                                                                         
Share Code : AVI                                                                
ISIN : ZAE000030102                                                             
Dividend announcement                                                           
  AVI has today released its annual results for the financial year ended        
30 June 2002.  These results reflect that AVI achieved an audited               
consolidated profit before taxation of R 814.1 million.                         
Notice is hereby given that a final ordinary dividend Number 58 of            
53.0 cents per share for the year ended 30 June 2002 has today been             
declared payable to holders of ordinary shares.  The salient dates              
relating to the payment of the dividend are as follows:-                        
2002              
Last day to trade cum dividend on the JSE                                       
Securities Exchange S.A. ("JSE")                Friday, 18 October              
First trading day ex dividend on the JSE        Monday, 21 October              
Record date                                     Friday, 25 October              
Payment date                                    Monday, 28 October              
  In accordance with the requirements of STRATE, no share certificates          
may be dematerialised or rematerialised between Monday, 21 October 2002         
and Friday, 25 October 2002.                                                    
  Where applicable, dividends in respect of certificated shareholders           
will be transferred electronically to shareholders` bank accounts on            
payment date.  In the absence of specific mandates, dividend cheques            
will be posted to shareholders.  Shareholders who have dematerialised           
their share certificates will have their bank accounts which are linked         
to their Central Securities Depository Participant (CSDP) or broker`s           
safe custody accounts, credited on Monday, 28 October 2002.                     
By order of the board                                                         
  Sandton                                                                       
  3 September 2002                                                              
Sponsor                                                                         
Standard Corporate and Merchant Bank                                            
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 04/09/2002 08:51:00 AM Produced by the JSE SENS Department
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