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Wed 18 Oct 2006, 11:12 AVI - Chairmans comment on Trading Conditions
AVI
 AVI                                                                             
     AVI - Chairman"s comment on Trading Conditions                             
     AVI Limited                                                                
     (Registration number 1944/017201/06)                                       
Share code: AVI                                                            
     ISIN: ZAE000049433                                                         
     ("AVI" or "the Group")                                                     
     CHAIRMAN"S COMMENT ON TRADING CONDITIONS                                   
At the Annual General Meeting of AVI held this morning, Angus Band, the    
     Chairman of AVI, commented in relation to trading conditions that:         
     "Demand for the Group"s products remained positive in the quarter ended    
     September 2006. Revenue rose by 17%, compared to the same period in the    
prior year, largely due to materially improved shrimp fishing in Argentina,
     improved realisations in respect of seafood products and strong volume     
     growth at both Spitz and Indigo."                                          
     Chislehurston                                                              
Sandton                                                                    
     18 October 2006                                                            
     Sponsor                                                                    
     Standard Bank                                                              
Enquiries                                                                  
     AVI Limited                                                                
     Simon Crutchley                Tel: +(27) 11 779 2706                      
     Chief executive officer                                                    
Owen Cressey                   Tel: +(27) 11 779 2704                      
     Chief financial officer                                                    
     College Hill                                                               
     Louise Brugman                 Tel: +(27) 11 447 3030                      
Date: 18/10/2006 11:12:34 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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