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Mon 28 Feb 2005, 16:59 Illovo Sugar Limited - Dealing in securities
Illovo Sugar Limited - Dealing in securities                                    
ILLOVO SUGAR LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
Company registration number 1906/000622/06                                      
Share Code: ILV                                                                 
ISIN: ZAE000003547                                                              
DEALING IN SECURITIES                                                           
In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
Securities Exchange South Africa, notice is hereby given of the following       
dealing by a director in Illovo`s securities:                                   
Name of director:                 GJ Clark                                      
Nature of transaction:            Exercise of options/Allotment of shares       
Number of securities bought:      80 000 ordinary shares                        
Option strike date:               30 August 1999                                
Option strike price:              R5.62 per share                               
Number of securities bought:      53 200 ordinary shares                        
Option strike date:               12 July 2000                                  
Option strike price:              R4.43 per share                               
Total value:                      R685 276.00                                   
Date:                             25 February 2005                              
Nature of transaction:            Sale of shares                                
Number of securities sold:        133 200 ordinary shares                       
Selling price:                    R8.55 per share                               
Value:                            R1 138 860.00                                 
Date:                             25 February 2005                              
Nature of interest                Direct beneficial                             
Clearance to deal:                Obtained in advance in accordance with        
JSE Listing Requirements - paragraph 3.66     
Mount Edgecombe                                                                 
28 February 2005                                                                
Sponsor                                                                         
Cazenove                                                                        
Date: 28/02/2005 04:43:42 PM                    
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