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Tue 3 Dec 2002, 15:44 Anglovaal Industries Limited (AVI) - Dealings in s
Anglovaal Industries Limited (AVI) - Dealings in securities of listed companies.
Anglovaal Industries Limited                                                    
Share code : AVI                                                                
ISIN code :  ZAE000030102                                                       
Mr AWB Band, the managing director of Anglovaal Industries Limited, has         
transacted in respect of the listed securities of the Company as follows:-      
1.  The transaction was effected on 2 December 2002.                            
2.  88781 ordinary shares of 5 cents each were sold at a price of 1525 cents per
share.                                                                          
3.  The shares were acquired at 709 cents per share in terms of the Anglovaal   
Industries Limited Share Incentive Scheme.                                      
4.  Mr AWB Band was the beneficial owner of the shares.                         
5.  The proceeds from the sale will be utilised to pay off the Share Scheme loan
and Mr Band will retain his ownership of 1,001,730 ordinary 5 cent shares.      
Date: 03/12/2002 03:35:09 PM Produced by the JSE SENS Department                


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