ILV - Illovo Sugar Limited - Results of the odd-lot and specific offers

ILV - Illovo Sugar Limited - Results of the odd-lot and specific offers         
Illovo Sugar Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1906/000622/06)                                            
Share code: ILV    ISIN: ZAE000083846)                                          
("Illovo" or "the Company")                                                     
RESULTS OF THE ODD-LOT AND SPECIFIC OFFERS                                      
Illovo shareholders are hereby advised of the results of the odd-lot and        
specific offers, both of which closed on Friday, 13 August 2010.                
The results of the odd-lot offer are as follows:                                
              Shares        Shares sold   Default       Total                   
retained by   by election   shares sold                           

              election                                                          
Certificated   985           840           25 137        26 962                 
Uncertificated 7 172         10 945        5 701         23 818                 
Total          8 157         11 785        30 838        50 780                 
Odd-lot shareholders who did not elect to retain their ordinary                 
shares were automatically regarded as having chosen and accepted the            
odd-lot offer.                                                                  
The results of the specific offer are as follows:                               
Number of shares accepting the offer:                                           
Certificated                               3 660                                
Uncertificated                             921 822                              
Total                                      925 482                              
Accordingly, Illovo repurchased a total of 968 105 ordinary shares, representing
0.2% of the issued share capital of the Company for a total consideration of R29
740 185.60 million.                                                             
These ordinary shares will be cancelled and de-listed from the JSE Limited with 
effect from the commencement of trade on Wednesday, 18 August 2010.             
Mount Edgecombe                                                                 
16 August 2010                                                                  
Investment bank and transaction sponsor                                         
Standard Bank                                                                   
Attorneys                                                                       
Garlicke & Bousfield Inc.                                                       
Sponsor                                                                         
JP Morgan                                                                       
Date: 16/08/2010 12:00:03 Supplied by www.sharenet.co.za                     
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