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ILV - Illovo Sugar Limited - Media Release: Update - Markala Sugar

Release Date: 22/03/2012 16:36
Code(s): ILV
Wrap Text

ILV - Illovo Sugar Limited - Media Release: Update - Markala Sugar Project - Mali ILLOVO SUGAR LIMITED (Incorporated in the Republic of South Africa) (Registration number 1906/000622/06) Share Code: ILV ISIN: ZAE000083846 ("Illovo" or "the company") MEDIA RELEASE: UPDATE - MARKALA SUGAR PROJECT - MALI Further to the announcement dated 20 March 2012 regarding the Markala Sugar Project in Mali, news emanating out of Mali confirms that a military coup d`et at has been effected in that country and that a curfew is in place in the capital, Bamako. Illovo`s presence in Mali is currently unaffected by these developments and adequate precautions have been taken to safeguard Illovo`s personnel deployed in the country. Information to hand indicates that the situation in Mali appears to be calm. Illovo will continue to monitor the position closely in order to assess the impact on its proposed involvement in the Markala Sugar project. Mount Edgecombe 22 March 2012 Sponsor J P Morgan Equities Limited Enquiries: Illovo Sugar Limited - 031 508 4300 Graham Clark, Managing Director Mohammed Abdool-Samad, Financial Director Chris Fitz-Gerald, Public Affairs Manager Date: 22/03/2012 16:36:01 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.

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