SENS

AVI : Change in beneficial interest:

AVI Limited

Registration Number 1944/017201/06

Share Code: AVI

ISIN: ZAE000049433

("AVI" or "Company")

NOTICE TO SHAREHOLDERS OF AVI IN TERMS OF SECTION 122(3)OF THE COMPANIES

ACT, No 71 of 2008 ("COMPANIES ACT") AND PARAGRAPH 3.83(B) OF THE JSE

LISTINGS REQUIREMENTS

In accordance with section 122(3)(b) of the Companies Act and paragraph

3.83(b) of the Listings Requirements of the JSE Limited, shareholders

are hereby advised that the Company has received formal notification

that clients of Allan Gray have, in aggregate, disposed of an interest

in the ordinary shares of the Company, such that the total interest in

ordinary shares of the Company held by Allan Gray's clients now amounts

to 4,4417% of the total issued ordinary shares of the Company.

The board of directors of the Company accepts responsibility for the

information contained in this announcement having relied on the

information provided in the Form TRP 121.1 and certifies that, to the

best of its knowledge and belief, the information contained in this

announcement is true and this announcement does not omit anything that

is likely to affect the import of such information.

As required in terms of section 122(3) of the Companies Act, AVI has

filed the required notice with the Takeover Regulation Panel.

Illovo

Sandton

1 August 2024

Sponsor

The Standard Bank of South Africa Limited

Date: 01-08-2024 05:15:00

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