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Mon 12 Jul 2004, 18:00 SALE OF GLEDHOW SUGAR MILL, REFINERY AND CANE GROW
ILLOVO SUGAR LIMITED - SALE OF GLEDHOW SUGAR MILL, REFINERY AND CANE GROWING    
  ESTATES TO A BEE COMPANY                                                        
  ILLOVO SUGAR LIMITED                                                            
  (Incorporated in the Republic of South Africa)                                  
  Company registration number 1906/000622/06                                      
  Share Code: ILV                                                                 
  ISIN: ZAE000003547                                                              
  (`Illovo Sugar`)                                                                
  Sale of Gledhow sugar mill, refinery and cane growing estates to a BEE company  
  Further to the announcement of 19 May 2004, shareholders are advised that the   
  condition precedent has been fulfilled with the Competition Commission approving
  the transaction unconditionally.                                                
  Mount Edgecombe                                                                 
  12 July 2004                                                                    
  Sponsor                                                                         
  Cazenove                                                                        
  Date: 12/07/2004 05:51:47 PM Produced by the JSE SENS Department                
                                                                                  
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