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Illovo Sugar - Withdrawal of cautionary announcement                            
ILLOVO SUGAR LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
Company registration number 1906/000622/06                                      
Share Code: ILV                                                                 
ISIN:       ZAE000003547                                                        
(`Illovo Sugar` or `the company`)                                               
Withdrawal of cautionary announcement                                           
Further to the announcement of 14 July 2004, shareholders are advised that the  
accountants` report is now available for inspection at the registered office of 
Illovo Sugar and caution is no longer required to be exercised when dealing in  
the company`s shares.                                                           
Mount Edgecombe                                                                 
29 July 2004                                                                    
Sponsor                                                                         
Cazenove

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