AVI - Dealings in AVI shares by director of major subsidiary
AVI Limited
(Registration number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
("AVI")
DEALINGS IN AVI SHARES BY DIRECTORS OF MAJOR SUBSIDIARIES
In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE
Limited ("the JSE Listing Requirements"), the following information is
disclosed:
NAME OF SUBSIDIARY : Irvin & Johnson Holding Company (Pty) Ltd.
Director : Mr R C Gordon
Date of transaction : 8 November 2005
Option price : R4.08
Number of shares : 93,164
Aggregate consideration : R380,109.12
Nature of transaction : Exercise of share options
Extent of interest : Indirect beneficial
NAME OF SUBSIDIARY : Irvin & Johnson Holding Company (Pty) Ltd.
Company secretary : Mr C Schoeman
Date of transaction : 8 November 2005
Option price : R4.08
Number of shares : 9,442
Aggregate consideration : R38,523.36
Nature of transaction : Exercise of share options
Extent of interest : Direct beneficial
Delivery of and payment for the shares has been completed 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 directors" dealings as well as the JSE Listings Requirements.
Chislehurston
Sandton
9 November 2005
Sponsor
Standard Bank
Date: 09/11/2005 07:35:16 AM Produced by the JSE SENS Department
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