AVENG LIMITED - AEGCB - ZAR2 000 000 000 7.25% sen5 Jan 2015
AEGCB 201501050033A
AEGCB - ZAR2,000,000,000 7.25% senior unsecured convertible registered bonds first semi-annual coupon payment

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
Stock Code: AEGCB
ISIN: ZAE000194940
Share Code: AEG
("Aveng" or "the Group")

ZAR2,000,000,000 7.25% SENIOR UNSECURED CONVERTIBLE REGISTERED BONDS:
FIRST SEMI-ANNUAL COUPON PAYMENT

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 arrear 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%, commencing with the interest payment date falling on 24 January 2015.

Accordingly, the interest payable on the Convertible Bond is due for payment on
26 January 2015 (given 24 January 2015 being a non-business day). The Convertible Bond
will commence trading ex-interest, with respect to the interest coupon period starting 23 July
2014 (inclusive) and ending on 24 January 2015 (exclusive) (“Coupon Period”), from the
close of trade on Friday, 16 January 2015 until the close of trade on Friday, 23 January
2015. The interest amount to be paid on Monday 26 January 2015 will be R367.47 for each
ZAR10,000.00 of the principal amount for the Coupon Period.

The next interest coupon period will commence on 24 January 2015 (inclusive) and will end
on 24 July 2015 (exclusive).

The salient dates relating to this first interest payment are as follows:

Last date to trade in order to
participate in this interest payment         Friday, 16 January 2015
Ex date                                      Monday, 19 January 2015
Record date                                  Friday, 23 January 2015
Payment date                                 Monday, 26 January 2015

5 January 2015

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

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