Aveng - bond coupon payment

Friday 18th December, 2015
Bondholders of the Aveng Limited Senior Unsecured Convertible Registered Bonds (?Convertible Bond?) are hereby advised that, in accordance with the terms and conditions of the Convertible Bond, interest is payable semi-annually in arrears on 24 January and 24 July of each year (each such day an interest payment date), at a rate per annum equal to 7.25%.

Accordingly, the interest payable on the Convertible Bond is due for payment on 25 January 2016 (given 24 January 2016 is a non-business day). The Convertible Bond will commence trading ex-interest, with respect to the interest coupon period starting 24 July 2015 (inclusive) and ending on 24 January 2016 (exclusive) (?Coupon Period?), from the close of trade on Friday, 15 January 2016 until the close of trade on Friday, 22 January 2016. The interest amount to be paid on Monday 25 January 2016 will be R362.50 for each ZAR10,000.00 of the principal amount for the Coupon Period.

The salient dates relating to this interest payment are as follows:
*Last date to trade in order to participate in this interest payment: Friday, 15 January 2016
*Ex date: Monday, 18 January 2016
*Record date: Friday, 22 January 2016
*Payment date: Monday, 25 January 2016

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