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Tue 11 Nov 2003, 15:27 Director"s dealings in AVI shares
ANGLOVAAL INDUSTRIES LIMITED - Director"s dealings in AVI shares                
ANGLOVAAL INDUSTRIES LIMITED                                                    
("AVI")                                                                         
(Registration number 1944/017201/06)                                            
Share Code: AVI                                                                 
ISIN: ZAE000030102                                                              
Director"s dealings in AVI shares                                               
In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE    
Securities Exchange South Africa ("the JSE"), the following information is      
disclosed:                                                                      
Director                  :     Mr RC Gordon                                    
Date of transaction       :     10 November 2003                                
Price per unit            :     R17.14                                          
Number of shares          :     53,596 ordinary shares of 5 cents               
                                each                                            
Aggregate consideration   :     R918,635                                        
Nature of transaction     :     Sale                                            
Extent of interest        :     Directly beneficial                             
The shares were acquired at R7.09 per share in terms of The Anglovaal Industries
Limited Share Incentive Scheme.                                                 
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.                                                                            
Chislehurston                                                                   
Sandton                                                                         
11 November 2003                                                                
Sponsor                                                                         
Standard Corporate and Merchant Bank                                            
A Division of The Standard Bank of South Africa Limited                         
(Registration number 1962/000738/06)                                            
Date: 11/11/2003 03:21:15 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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