SIMPLE....ANYONE REGISTERED AT CLOSE OF TRADE AS A SHOLDER IN AVX IS ENTITLED TO 2 FOR EVERY 5 SHARES YOU OWN I.E IF YOU OWN 100 SHARES YOU ARE ENTITLED TO 40 SHARES AT 53C,WHICH IS PAYABLE AT A DATE WHICH WILL BE IN THE PROSPECTUS SENT TO YOU....SIMPLE.PLEASE NO MORE QS ON THIS RIGHTS ISSUE