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ILLOVO SUGAR LIMITED - DEALINGS IN SECURITIES BY DIRECTOR

Release Date: 19/06/2001 16:42
Code(s): ILV
Wrap Text

In compliance with rule 3.72 to 3.75 of the JSE Listings Requirements, the
following should be noted:

Director                         :  Mr J T Russell
Date of Transaction              :  15 June 2001

Price of shares                  :  R3,40 per share
Number of shares                 :  48 400

Class of Security                :  Ordinary shares
Nature of Transaction            :  Purchase

Extent of interest               :  Direct - beneficial

Director                         :  Mr J T Russell
Date of Transaction              :  15 June 2001

Price of shares                  :  R7,05 per share
Number of shares                 :  13 700

Class of Security                :  Ordinary shares
Nature of Transaction            :  Sale

Extent of interest               :  Direct - beneficial

This brings Mr Russell's total shareholdings in Illovo Sugar Limited to 100
000 shares.
end

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