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Thu 9 Dec 2004, 15:18 Dealing in securities by directors
Sovereign Food - Dealing in securities by directors                             
Sovereign Food Investments Ltd                                                  
(Incorporated in the Republic of South Africa)                                  
Registration number 1995/003990/06                                              
Share code:  SOV                                                                
ISIN Code:  ZAE000009221                                                        
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with 3.63 - 3.74 of the Listing Requirements of the JSE Securities
Exchange South Africa (`JSE`), the following information is disclosed:          
Name of directors:            Michael John Bromiley                             
                              Davis and Christopher Coombes                     
Date of transaction:          9 December 2004                                   
Class of security:            Ordinary shares                                   
Nature of transaction:        Issued - exercise of options in terms of the      
                              employee share option scheme                      
No. of shares and                                                               
purchase price:               125 000 shares each, at an issue price of seventy 
                              cents per share                                   
Nature of extent of interest: Indirect beneficial                               
Clearance was received in terms of paragraph 3.66 of the JSE Listings           
Requirements.                                                                   
Port Elizabeth                                                                  
9 December 2004                                                                 
Sponsor                                                                         
Java Capital (Pty) Ltd
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