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Wed 15 Dec 2010, 15:10 ILA - Iliad Africa Limited - Director`s dealing
ILA
ILA                                                                             
ILA - Iliad Africa Limited - Director`s dealing                                 
Iliad Africa Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/011938/06)                                            
Share code: ILA  ISIN: ZAE000015038                                             
("Iliad")                                                                       
DIRECTOR`S DEALING                                                              
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:             15 December 2010                                  
Nature of transaction:        Cancel of collar and subsequent sale              
Number of options:            340,000                                           
Face Value:                   R 2,720,000                                       
Put strike price:             R 7.20                                            
Call strike price:            R 9.07                                            
Expiration date:              11 May 2011, 25 May 2011                          
Nature of interest:           Indirect Non Beneficial                           
Clearance to deal obtained:   Yes                                               
15 December 2010                                                                
Johannesburg                                                                    
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 15/12/2010 15:10:05 Produced by the JSE SENS Department.                  
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