AVIS -
AVIS SOUTHERN AFRICA LIMITED - EXERCISE OF RIGHT TO SHARES BY DIRECTOR
(Registration number 1967/010320/06)
Share Code: AVS
ISIN : ZAE000013371
In the interest of good disclosure, the following information by a director is
disclosed:
Director : Mr P O"Brien
Date of Transaction : 12 June 2003
Class of security : Ordinary Shares
Nature of transaction : Transfer of shares held in terms of the
Avis Share Trust
Number of shares
and offer price : 350 000 shares of R 1,281 per share were vested
in terms of the Avis Share Trust into
Mr P O"Brien"s own account
Nature of Interest : Direct / Beneficial
In the interest of good disclosure, the following information concerning the
exercise of options by a director is provided:
Director : Mr L Savage
Date of Transaction : 12 June 2003
Class of security : Ordinary shares
Nature of transaction : Exercise of share options and subsequent disposal
Number of shares and
exercise price : 62 500 shares exercised at a price of R4,60 per
share and disposed of at R9,40 per share
Nature of Interest : Direct / Beneficial
Date: 13/06/2003 07:10:03 AM Supplied by www.sharenet.co.za
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