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Illovo - Allotment of shares to directors

Release Date: 07/05/2002 10:57
Code(s): ILV
Wrap Text

In compliance of rule 3.72 to 3.75 of the JSE Listing Requirements, the
following information is disclosed.

Director                               :  Mr N M Hawley (Human Resources
                                          Director)

Date of Transaction                    :  6 May 2002

Price of shares                        :  R4,35 per share
Amount of shares                       :  10 000

Class of security                      :  Ordinary shares (in terms of the
                                          Illovo Sugar 1992 Share Option
                                          Scheme)

Nature of Transaction                  :  Allotment of shares

Nature of interest of director         :  Beneficial

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