Aveng - renewal of cautionary announcement

Friday 20th May, 2016
Shareholders are referred to the cautionary announcement released on the Stock Exchange News Service of the JSE Ltd. on 23 February 2016 (and the subsequent renewal of this announcement), in which Aveng shareholders were advised of various non-binding offers received from numerous parties to acquire from, or partner with Aveng on, either the entire Steel operating group or certain of its individual business units.

Confidential discussions are ongoing and shareholders are advised to continue to exercise caution when dealing in their Aveng securities.

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