SOV/SOVN - Sovereign Food Investments Limited - Director`s dealings in

SOV/SOVN - Sovereign Food Investments Limited - Director`s dealings in          
securities                                                                      
Sovereign Food Investments Limited                                              
Incorporated in the Republic of South Africa                                    
Registration number 1995/003990/06                                              
JSE code: SOV                                                                   
ISIN: ZAE000009221                                                              
JSE code for Letters of Allocation: SOVN                                        
ISIN for Letters of Allocation: ZAE000152856                                    
("Sovereign" or "the Company")                                                  
DIRECTOR`S DEALINGS IN SECURITIES                                               
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"), Sovereign hereby advises its shareholders of the     
following dealings by a director of the Company:                                
Name of director                     Mr Phinda Madi                             
Date of transaction                  28 February 2011                           
Nature of transaction                Disposal                                   
Class of securities                  Sovereign nil paid letters of              
                                   allocation (JSE Code: SOVN) ("NPLs")         
Number of NPLs sold                  32 989                                     
Price per NPL                        51 cents                                   
Value of transaction                 R16 824.39                                 
Nature and extent of director`s                                                 
interest                             Direct beneficial                          
Transaction completed on market      Yes                                        
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings                                                  
Requirements                         Yes                                        
1 March 2011                                                                    
Port Elizabeth                                                                  
Sponsor:                                                                        
One Capital                                                                     
Date: 01/03/2011 09:36:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.