ITE - Italtile Limited - Dealing in securities by a director

ITE - Italtile Limited - Dealing in securities by a director                    
ITALTILE LIMITED                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1955/000558/06)                                            
JSE code: ITE                                                                   
ISIN: ZAE000099123                                                              
( "Italtile")                                                                   
Dealing in securities by a director                                             
In compliance with paragraph 3.63 to 3.65 of the JSE Limited Listings           
Requirements ("Listings Requirements"), we hereby advise the following dealing  
by a director in Italtile securities:                                           
Name:                                        G.A.M Ravazzotti                   
Name of company of which he is a director:   Chairman of Italtile Limited       
Date of transaction:                         20 December 2010                   
Nature of transaction:                       Rallen (Proprietary) Limited, an   
entity in which Mr Ravazzotti has   

                                            an effective 60% interest,          
                                            purchased 2 333 841 Italtile shares 
                                            on the JSE Limited (Mr Ravazzotti`s 
effective indirect beneficial       

                                            interest being 1 400 305 Italtile   
                                            shares)                             
Number of securities:                        1 400 305                          
Price of securities:                         400 cents per share                
Total value of transaction:                  R5 601 220.00                      
Class of securities:                         Ordinary shares                    
Interest:                                    Indirect beneficial                
Clearance in terms of paragraph 3.66                                            
of the Listings Requirements:                Yes                                
Bryanston                                                                       
20 December 2010                                                                
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited                   
Date: 20/12/2010 16:55:01 Supplied by www.sharenet.co.za                     
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