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Tue 14 Nov 2006, 10:56 AVI Limited - Dealings in AVI shares by directors
AVI
 AVI                                                                             
     AVI Limited - Dealings in AVI shares by directors                          
     AVI LIMITED                                                                
     (Registration number 1944/017201/06)                                       
Share Code: AVI                                                            
     ISIN: ZAE000049433                                                         
     ("AVI")                                                                    
     Dealings in Avi shares by Directors                                        
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:                                                              
     Director                  : Mr S L Crutchley                               
Date of transaction       : 13 November 2006                               
     Option price              : R8.18                                          
     Number of shares          : 42,194                                         
     Aggregate consideration   : R345 146.92                                    
Nature of transaction     : Exercise and transfer of share options         
     Extent of interest        : Direct beneficial                              
     Director                  : Mr S L Crutchley                               
     Date of transaction       : 13 November 2006                               
Option price              : R5.18                                          
     Number of shares          : 150,000                                        
     Aggregate consideration   : R777,000                                       
     Nature of transaction     : Exercise and transfer 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       Sponsor                                                
     Sandton             Standard Bank                                          
     14 November 2006                                                           
Date: 14/11/2006 10:56:07 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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