AVU - Avusa Limited - Change in Directorate and results of annual general meeting  

AVUSA LIMITED

Incorporated in the Republic of South Africa
(Registration number: 2008/002461/06)
Share code: AVU ISIN code: ZAE000115895
("Avusa" or "the company")

CHANGE IN DIRECTORATE

In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, Avusa advises that Adv Dumisa Ntsebeza resigned as an independent non-executive Chairman of the board and a director of the company on 19 September 2011. Mr Tom Wixley and Ms Babalwa Ngonyama also resigned as independent non-executive directors of the company on 19 September 2011.

RESULTS OF ANNUAL GENERAL MEETING  

Shareholders are advised that, at the annual general meeting of Avusa held today, ordinary resolution numbers 2.1, 2.3 and 2.7 relating to the re-election of Adv Ntsebeza, Mr Wixley and Ms Ngonyama as independent non-executive directors of the company as well as ordinary resolutions number 5.1 and 5.4 relating to the re-appointment of Mr Wixley and Ms Ngonyama to the Audit and Risk Committee were also withdrawn prior to the commencement of the annual general meeting.

All other resolutions were passed by the requisite majority of shareholders present and represented by proxy at the annual general meeting.

Johannesburg

19 September 2011

Sponsor  

Nedbank Capital

Statement issued by Avusa through the JSE SENS service, September 19 2011

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