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Wed 15 Dec 2004, 12:44 Dealings in shares by a director
AVI - Dealings in shares by a director                                          
AVI LIMITED                                                                     
(Registration number 1944/017201/06)                                            
Share Code: AVI                                                                 
ISIN: ZAE000049433                                                              
(`AVI` or `the Company`)                                                        
Dealings in AVI shares by director.                                             
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:                                                                      
AVI DIRECTORS                                                                   
Director                  :     Mr James Hersov                                 
Date of transaction       :     15 December 2004                                
Price per share           :     R22.11                                          
Number of shares          :     50,000                                          
Class of security         :     Ordinary                                        
Aggregate consideration   :     R1,100,500                                      
Nature of transaction     :     Sale                                            
Extent of interest        :     Indirect beneficial                             
Clearance to deal in these shares was obtained in accordance with AVI`s policy  
with regard to directors` dealings as well as the Listings Requirements of the  
JSE.                                                                            
Chislehurston                                                                   
Sandton                                                                         
15 December 2004                                                                
Sponsor                                                                         
Standard Bank
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