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Fri 5 Aug 2005, 9:24 Sovereign Food Investments Limited - Exercise Of O
Sovereign Food Investments Limited - Exercise Of Options                        
SOVEREIGN FOOD INVESTMENTS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/003990/06)                                            
JSE code: SOV                                                                   
ISIN code: ZAE000009221                                                         
(`Sovfood`)                                                                     
EXERCISE OF OPTIONS                                                             
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Sovfood advises that options to purchase shares have been exercised as follows :
Name of director                   :    BA Spanjaard                            
Status of director                 :    Non-executive                           
Date of transaction                :    1 August 2005                           
Number of options exercised        :    100 000                                 
Exercise price                     :    400 cents                               
Interest in transaction            :    Direct beneficial                       
Uitenhage                                                                       
4 August 2005                                                                   
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 05/08/2005 09:13:51 AM             
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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