Updated trading statement for the year ended 31 March 2013 ILLOVO SUGAR LIMITED (Incorporated in the Republic of South Africa) (Registration number 1906/000622/06) Share Code: ILV ISIN: ZAE000083846 (“Illovo” or “the company”) UPDATED TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2013 The following trading statement is issued for the financial year ended 31 March 2013. This statement is issued in compliance with the Listings Requirements (section 3.4(b)) of the JSE Limited, and is provided as an update to the prospects contained in the Interim Report issued on 14 November 2012 and to the Trading Statement issued on 16 April 2013. Shareholders were advised in the Trading Statement released on SENS earlier today that earnings per share and headline earnings per share for the financial year ended 31 March 2013 are expected to be between 40% and 45% higher than for the year ended 31 March 2012. Shareholders are, however, advised that earnings per share for the financial year ended 31 March 2013 are expected to be between 95% and 100% higher than for the year ended 31 March 2012. This is due to earnings per share for the year ended 31 March 2012 being negatively affected by the impairment of the investment in the Mali project, which does not recur in the year ended 31 March 2013. The 40%-45% range for headline earnings per share increase communicated earlier today is unchanged. The information on which this trading statement has been based has not been reviewed or reported on by Illovo’s auditors. The company’s results for the year ended 31 March 2013 are due to be released on 27 May 2013. Mount Edgecombe 16 April 2013 Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Date: 16/04/2013 02:36:00 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.