Tuesday 9th September, 2014

AEG 201409090036A
Dealings in securities

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 and Share Appreciation Rights Plan.

The Awards were made on the 9 September 2014 in terms of the Aveng
Long Term Incentive schemes, being the Share Appreciation Rights Plan
and the Forfeitable Share Plan. The awards are for the direct
beneficial interest of the director.

Share Appreciation Rights awarded to and accepted by the Director:
Employee Employer Acceptance Award Share Vesting Dates
Name Company Date Price Appreciation (three equal
Rights tranches)
Adrian Aveng 12/09/2014 R 22.63 243,040 08/09/2017
Macartney Limited 08/09/2018
08/09/2019

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 the Director:
Employee Employer Acceptance Award Forfeitable Vesting Date
Name Company Date Price Shares

Adrian Aveng 12/09/2014 R 22.63 44,189 08/09/2017
Macartney Limited
The necessary clearance in terms of paragraph 3.66 of the JSE Listings
Requirements has been obtained.
9 September 2014

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

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