Illovo Sugar Limited - Dealing In Securities

Illovo Sugar Limited - Dealing In Securities                                    
ILLOVO SUGAR LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
Company registration number 1906/000622/06                                      
Share Code: ILV                                                                 
ISIN: ZAE000003547                                                              
DEALING IN SECURITIES                                                           
In compliance with paragraph 3.63 to 3.74 of the Listings Requirements of the   
JSE Securities Exchange South Africa, notice is hereby given of the following   
dealing by the company secretary in Illovo"s securities:                        
Name of company secretary         GD Knox                                       
Nature of transaction:            Exercise of options/Allotment of shares       
Number of securities bought:      25 000 ordinary shares                        
Option strike date:               31 August 1998                                
Option strike price:              R4.35 per share                               
Value:                            R108 750.00                                   
Date:                             22 February 2005                              
Nature of transaction:            Sale of shares                                
Number of securities sold:        25 000 ordinary shares                        
Selling price:                    R8.60 per share                               
Value:                            R215 000.00                                   
Date:                             23 February 2005                              
Nature of interest                Direct beneficial                             
Clearance to deal:                Obtained in advance in accordance with        
                                  JSE Listing Requirements - paragraph 3.66     
Mount Edgecombe                                                                 
28 February 2005                                                                
Sponsor                                                                         
Cazenove                                                                        
Date: 28/02/2005 04:48:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department