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Mon 12 Mar 2012, 14:50 AFR - AFGRI Limited - Dealings in securities by a director
AFR
AFR                                                                             
AFR - AFGRI Limited - Dealings in securities by a director                      
AFGRI Limited                                                                   
Dealings in securities by a director                                            
AFGRI Limited (Incorporated in the Republic of South Africa)                    
Registration number: 1995/004030/06 ISIN: ZAE000040549                          
Share Code: AFR ("AFGRI")                                                       
DEALINGS IN SECURITIES BY A DIRECTOR                                            
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                      CP Venter                                         
Company                       AFGRI Limited                                     
Date of transaction           9 March 2012                                      
Nature of transaction         Exercise of  deferred right to sell               
                             shares - off market                                
Class of Securities           Ordinary shares                                   
Number of rights exercised    7851                                              
Exercise price                R5.94                                             
Strike price                  R5.38                                             
Total value                   R4 396.56                                         
Nature of Interest            Direct beneficial                                 
Clearance obtained            Yes                                               
Centurion                                                                       
12 March 2012                                                                   
Sponsor Investec Bank Limited                                                   
"Mr Venter has exercised shares vested in terms of the previous AFGRI share     
options scheme. These share options have expired under the previous scheme and  
Mr Venter can therefore no longer retain these options.   The Option Share      
Scheme has since been replaced by the AFGRI Executive Share Scheme."            
Date: 12/03/2012 14:50:08 Produced by the JSE SENS Department.                  
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