Illovo - Dealing In Securities

Illovo - Dealing In Securities                                                  
Illovo Sugar Limited                                                            
(Incorporated in the Republic of South Africa)                                  
Company registration number 1906/000622/06                                      
Share Code: ILV                                                                 
ISIN: ZAE000003547                                                              
("Illovo")                                                                      
DEALING IN SECURITIES                                                           
In compliance with paragraph 3.63 tp 3.74 of the Listings Requirements of the   
JSE Limited, notice is hereby given of the following dealing by a director of a 
major subsidiary company, Illovo Sugar (Malawi) Limited, in Illovo"s securities 
Name of director of a major subsidiary company: B M Stewardson                  
Nature of transaction: Exercise of options/Allotment of shares                  
1.   Number of securities bought: 10 000 ordinary shares                        
     Option strike date: 13 September 2000                                      
Option strike price: R5.20 per share                                       
2.   Number of securities bought: 16 600 ordinary shares                        
     Option strike date: 7 June 2001                                            
     Option strike price: R6.50 per share                                       
3.   Number of securities bought: 10 000 ordinary shares                        
     Option Strike Date: 21 May 2002                                            
     Option Strike Price: R8.05 Per Share                                       
Total Value: R240 400.00                                                        
Date: 13 December 2005                                                          
Nature of transaction: Sale of shares                                           
Number of securities sold: 36 600 ordinary shares                               
Selling price: R12.64 per share                                                 
Value: R462 624.00                                                              
Date: 13 December 2005                                                          
Nature of interest: Direct beneficial                                           
Clearance to deal: Obtained in advance in accordance with JSE Listings          
Requirements - paragraph 3.66                                                   
Mount Edgecombe                                                                 
14 December 2005                                                                
Sponsor:                                                                        
J.P.Morgan Equities Limited                                                     
Date: 14/12/2005 12:38:09 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department