AVI RELATED SENS ANNOUNCEMENTS

AVI - Avi Limited - Voluntary Trading Update and Statement for the year ended 30
22 Jul 10

JSE Securities Exchange - SENS

AVI AVI - Avi Limited - Voluntary Trading Update and Statement for the year ended 30 June 2010 AVI Limited (Registration number 1944/017201/06) Share code: AVI ISIN: ZAE000049433 ("AVI" or "the Group") VOLUNTARY TRADING UPDATE AND STATEMENT FOR THE YEAR ENDED 30 JUNE 2010 The following update is based on the latest available trading information for the year ended June 2010 and covers performance for the Group's continuing operations. Segmental revenue for continuing operations for the year ended 30 June 2010 Revenue 2010 2009 Change Rm Rm % Entyce beverages* 2,218 2,099 5.7 Snackworks* 2,081 2,037 2.2 Chilled & frozen convenience 1,743 1,916 -9.0 brands** Fashion brands - personal care 803 730 10.0 Fashion brands - footwear & 782 670 16.7 apparel Corporate 7 10 GROUP 7,634 7,462 2.3 * = includes Out Of Home (Ciro and Sir Juice) ** = excludes Alpesca Group revenue for the year to June 2010 was 2,3% higher than last year with growth in most business units offset by a significant decline in I&J's revenue due to a combination of lower export selling prices, a stronger Rand and lower volumes following the reduction in the hake total allowable catch. Demand for the Group's other food and beverage brands was satisfactory in the context of constrained consumer spending and they all achieved revenue growth as a result of either higher volumes or the annualising impact of price increases taken in the prior year. AVI's personal care and footwear brands performed strongly, benefitting from price increases implemented in the second half of the last financial year as well as solid volume growth. All business units, aside from I&J, delivered robust improvements in operating profit. This strong performance has more than off-set the significant decline in I&J's operating profit and both consolidated gross profit and consolidated operating profit are higher than last year. The anticipated improvement in Snackwork's profit margins in the second half of the year, due to lower commodity costs and progress with factory efficiencies, has been particularly pleasing. The consolidated gross margin percentage for the year has recovered to levels similar to the 2008 financial year following the significant pressure endured during a period of high commodity costs and constrained demand in our food and beverage categories. The fashion brand business units also contributed to the improvement with both Indigo and Spitz achieving higher gross margins through the year. Selling and administration costs have been well controlled and despite the poor performance of I&J the consolidated operating profit margin percentage is slightly higher than last year. The Australian Simplot Joint Venture has continued to deliver improved profits as noted in our interim results, and full year profit is well above last year. Lower average debt levels during the period, combined with lower interest rates, have resulted in a material decrease in net finance charges compared to the same period in the prior year. CAPITAL ITEMS Capital items in the year ended June 2010 are not material and relate to losses on disposal of assets in the normal course of business. In the prior year there was a net capital gain of R17,1 million before tax which included profits on the sale of an I&J property and a non-core subsidiary offset by impairment of intangible assets. This difference results in a smaller increase in attributable earnings than headline earnings. EXPECTED RESULTS FOR CONTINUING OPERATIONS The following statement is made in accordance with Section 3.4 (b) of the Listings Requirements of the JSE Limited: - Consolidated headline earnings per share for the continuing operations of the Group for the year ended 30 June 2010 are expected to increase by between 11% and 16% over the comparable period in the prior year; - Consolidated earnings per share for the continuing operations of the Group for the year ended 30 June 2010, including net capital gains and losses on the disposal of assets, are expected to reflect an increase of between 6% and 11% over the comparable period in the prior year. DISCONTINUED OPERATIONS - ALPESCA The Board remains committed to disinvesting from the Argentinean hake and shrimp operations conducted by Alpesca, a wholly owned subsidiary of I&J. A material impairment provision will be raised in the final results from discontinued operations for the year ended June 2010 to recognise the possibility that the sale process may result in a consideration below the carrying value of the operating assets. There has been a higher level of interest by prospective buyers in the second half of the year and we are optimistic that a disposal will be completed during the next year. Alpesca's operating results during the year have been compromised by lower export prices, the weak Euro and material labour disruptions. Consequently this operation is expected to report an operating loss compared to the small profit in the prior year. It is expected that AVI will release its final results for the year ended June 2010 on 6 September 2010. The information above has not been reviewed and reported on by the Group's auditors. Illovo 22 July 2010 Sponsor Standard Bank Enquiries: Simon Crutchley Tel: +(27) 11 502 1300 Chief executive officer Owen Cressey Tel: +(27) 11 502 1300 Chief financial officer Date: 22/07/2010 16:19:03 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

AVI - AVI Limited - Appointment Of Non-Executive Director
16 Jul 10

JSE Securities Exchange - SENS

AVI AVI - AVI Limited - Appointment Of Non-Executive Director AVI Limited (Registration number 1944/017201/06) Share Code: AVI ISIN: ZAE000049433 ("AVI") APPOINTMENT OF NON-EXECUTIVE DIRECTOR The Board of Directors of AVI is pleased to announce the appointment of Ms Andisiwe Kawa to the Board as an independent non-executive director. The appointment is made with effect from 15 July 2010. Ms Kawa is a Non-Executive Director of Aquarius Platinum South Africa, Sentula Mining and Imara Capital South Africa. She is also Chairman of Chuma Holdings and Vice-Chairman of The Jewellery Council of South Africa. She holds a Masters Degree in Business Administration from the Wharton School, as well as a Masters Degree in Education and Masters in Art from Columbia University, and a Bachelor of Science Degree from the University of Transkei. Ms Kawa previously held senior positions in Strategy and Finance in USA, UK and SA. She has worked in several fields including Services, Mining and Banking. On behalf of the Board I take this opportunity to welcome Ms Kawa to the Board. Angus Band Chairman of AVI Limited Illovo 16 July 2010 Sponsor Standard Bank Date: 16/07/2010 10:59:01 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

AVI - AVI Limited - Director's dealings
20 Apr 10

JSE Securities Exchange - SENS

AVI AVI - AVI Limited - Director's dealings AVI Limited (Registration number 1944/017201/06) Share Code: AVI ISIN: ZAE000049433 ("AVI" or "the Company") Director's dealings In compliance with rules 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("the JSE"), the following information is disclosed: Name of director : Mr A W B Band Date of transaction : 19 April 2010 Nature of transaction : Sale Price per share : R23.7843 Number of shares : 129 951 Aggregate consideration : R3 090 793.57 Extent of interest : Direct beneficial Name of director : Mr A W B Band Date of transaction : 20 April 2010 Nature of transaction : Sale Price per share : R23.80 Number of shares : 16 049 Aggregate consideration : R381 966.20 Extent of interest : Direct beneficial 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. Illovo 20 April 2010 Sponsor Standard Bank Date: 20/04/2010 11:55:01 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

AVI - AVI Limited - Director's Dealings
08 Apr 10

AVI - AVI Limited - Director's Dealings
07 Apr 10

JSE Securities Exchange - SENS

AVI AVI - AVI Limited - Director's Dealings AVI Limited (Registration number 1944/017201/06) Share Code: AVI ISIN: ZAE000049433 ("AVI" or "the Company") DIRECTOR'S DEALINGS In compliance with rules 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("the JSE"), the following information is disclosed: Name of director : Mr R S Katzen Date of transaction : 1 April 2010 Nature of transaction : Sale Price per share : R24.06 Number of shares : 150 000 Aggregate consideration : R3 609 000.00 Extent of interest : Direct beneficial 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. Illovo 7 April 2010 Sponsor Standard Bank Date: 07/04/2010 12:08:02 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.