AVENG LIMITED - DEALINGS BY DIRECTORS IN SECURITIES
AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/018119/06)
Share code: AEG ISIN: ZAE000018081
(`Aveng`)
DEALINGS BY DIRECTORS IN SECURITIES AWARDED IN TERMS OF THE AVENG LIMITED SHARE
INCENTIVE TRUST (`the Scheme`)
In terms of rule 3.63 of the JSE Listings Requirements notice is hereby given
that, as at 15 September 2004, the following directors and officers of Aveng
have advised the office of the company secretary of their acceptance of options
granted to them in terms of the Scheme.
Option strike price: R 7.20
Periods of exercise and/or vesting: A maximum of 25% is exercisable on the
2nd anniversary of the offer date
A maximum of 50% is exercisable on the
3rd anniversary of the offer date
A maximum of 75% is exercisable on the
4th anniversary of the offer date
A maximum of 100% is exercisable on the
5th anniversary of the offer date
All options offered and accepted should
be exercisedon or before the 10th
anniversary of the offer date
Class of securities: Options in respect of ordinary shares
Nature of transaction: Offer of options made and accepted
Nature of interest: Beneficial
DIRECTORS OF AVENG
Name of director: C Grim
Number of options: 2 000 000
Name of director: D G Gammie
Number of options: 940 000
Name of secretary: C M Bishop
Number of options: 380 000
15 September 2004
C M Bishop
Company Secretary
Aveng Limited
Sponsor
JPMorgan
Date: 15/09/2004 02:19:10 PM Produced by the JSE SENS Department
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