AVU - Avusa Limited - Trading statement

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company is required to issue a trading statement once it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the financial results for the previous corresponding period.

Accordingly, the company advises that it is reasonably certain that its earnings per share and headline earnings per share for the six months to 30 September 2011 will be at least 20% lower than those reported for the six months to 30 September 2010.

A further trading statement will be issued once the company has quantified, with reasonable certainty, the expected earnings per share and headline earnings per share for the six months to 30 September 2011.

The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors.

Avusa`s financial results for the half-year ended 30 September 2011 are scheduled to be announced on or about Thursday, 24 November 2011.

Statement issued by Avusa through the JSE SENS service, October 24 2011

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