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         
of a major subsidiary company, Zambia Sugar Plc, in Illovo`s securities:        
Name of director of a                                                           
major subsidiary company:          R M L Katowa                                 
Nature of transaction:             Off-market exercise of                       
                                  option/Allotment of shares                    
Number of securities bought:       7 300 ordinary shares                        
Option strike date:                21 May 2002                                  
Option strike price:               R8.05 per share                              
Total Value:                       R58 765.00                                   
Date:                              6 December 2011                              
Nature of transaction:             On-market sale of shares                     
Number of securities sold:         7 300 ordinary shares                        
Selling price:                     R25.45 per share                             
Value:                             R185 785.00                                  
Date:                              7 December 2011                              
Nature of interest:                Direct beneficial                            
Clearance to deal:                 Obtained in advance in accordance with       
JSE Listings Requirements - paragraph         

                                  3.66                                          
Mount Edgecombe                                                                 
7 December 2011                                                                 
Sponsor:                                                                        
J.P. Morgan Equities Limited                                                    
Date: 07/12/2011 15:06:10 Supplied by www.sharenet.co.za                     
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