ILV - Illovo Sugar Limited - Dealing in Securities

ILV - 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: ZAE000083846                                                              
("Illovo")                                                                      
DEALING IN SECURITIES                                                           
In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
Limited, notice is hereby given of the following dealings by a director in      
Illovo`s securities:                                                            
Name of director:             D G MacLeod                                       
Nature of transaction:        Exercise of options / Allotment of shares         
Number of securities bought:  40 800 ordinary shares                            
Option strike date:           21 May 2002                                       
Option strike price:          R8.05 per share                                   
Number of securities bought:  57 200 ordinary shares                            
Option strike date:           21 May 2003                                       
Option strike price:          R6.80 per share                                   
Total number of securities                                                      
bought:                       98 000 ordinary shares                            
Total Value:                  R717 400                                          
Date:                         24 February 2009                                  
Nature of transaction:        Sale of shares                                    
Number of securities sold:    98 000 ordinary shares                            
Selling price:                R25.0735 per share                                
Value:                        R2 457 200                                        
Date:                         24/26 February 2009                               
Nature of interest:           Direct beneficial                                 
Clearance to deal:            Obtained in advance in accordance with JSE        
                             Listings Requirements - paragraph 3.66             
Mount Edgecombe                                                                 
26 February 2009                                                                
Sponsor:                                                                        
J P Morgan Equities Limited                                                     
Date: 26/02/2009 16:34:03 Supplied by www.sharenet.co.za                     
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