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Mon 10 Nov 2008, 17:30 ILA - Iliad Africa Limited - Director`s Dealings
ILA
ILA                                                                             
ILA - Iliad Africa Limited - Director`s Dealings                                
Iliad Africa Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/011938/06)                                            
Share code: ILA & ISIN: ZAE000015038                                            
DIRECTOR`S DEALINGS                                                             
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the   
JSE Limited, the following information is disclosed:                            
Director:                     Mr Neil Goosen                                    
Transaction date:             6 November 2008                                   
Class of securities:          European style options over Iliad ordinary shares 
Number of shares in                                                             
respect of which option                                                         
collar is entered into:       240 000                                           
Put strike price:             R6.15 per share                                   
Call strike price:            R10.17 per share                                  
Expiration date:              7 November 2011                                   
Nature of transaction:        Purchase of put options and sale of call options  
                             (option collar) entered into for hedging purposes  
Nature of interest:           Indirect non beneficial                           
Clearance to deal obtained:   Yes                                               
10 November 2008                                                                
Johannesburg                                                                    
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 10/11/2008 17:30:05 Produced by the JSE SENS Department.                  
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