AVENG LIMITED - The off-market acceptance of an award by a Director in terms of the Forfeitable Share Plan

Monday 17th March, 2014
AEG 201403170016A
The off-market acceptance of an award by a Director in terms of the Forfeitable Share Plan

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
(\"Aveng\" or \"the Group\")


The off-market acceptance of an award by a Director in terms of
the Forfeitable Share Plan.


The award was made on the 14 March 2014 in terms of the Aveng
Long Term Incentive scheme, being the Forfeitable Share Plan.
The award is for the direct beneficial interest of the director.


Forfeitable Share Plan (?FSP?)
Schedule 14 of the JSE Limited Listings Requirements will in
this instance not apply to the FSP as awards made under the
scheme are settled by way of acquiring shares from third parties
on the open market. No new shares will be issued by the Company
to any participant.


Forfeitable Shares awarded to and accepted by a Director:
Employee Employer Acceptance Date Award Forfeitable
Name Company Price Shares
Kobus Aveng 17 March 2014 R 21.55 232 019
Verster (Africa)
Limited


The necessary clearance in terms of paragraph 3.66 of the JSE
Listings Requirements has been obtained.
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
17 March 2014

Date: 17/03/2014 12:00:00 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.