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Wed 23 Aug 2006, 15:44 Rainbow - Exercise of options and subsequent sale
RBW
 RBW                                                                             
     Rainbow - Exercise of options and subsequent sale of securities            
     RAINBOW CHICKEN LIMITED -                                                  
     (Incorporated in the Republic of South Africa)                             
(Registration number:  1966/004972/06)                                     
     ISIN: ZAE000019063                                                         
     Share Code:  RBW                                                           
     EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SECURITIES BY COMPANY SECRETARY 
In compliance with the JSE Limited Listings Requirements, the following    
     transactions made by the Company Secretary of Rainbow Chicken Limited, is  
     disclosed:                                                                 
     Company Secretary             :    Mr S B Heath                            
Date of transaction           :    14 August 2006                          
     Nature of transaction         :    Exercise of options in terms of the     
                                        Rainbow Share Incentive Scheme          
     Class of securities           :    Options in respect of ordinary shares   
Number of options exercised                                                
     and option strike price       :    21 627  at R3.55                        
     Total value of transaction    :    R76 775.85                              
     Number of options exercised                                                
and option strike price       :    20 959  at R5.10                        
     Total value of transaction    :    R106 890.90                             
     Date of transaction           :    21 August 2006                          
     Nature of transaction         :    Sale of securities                      
Class of securities           :    Ordinary shares                         
     Number of securities          :    42 586                                  
     Selling price                 :    R9.8045 per share                       
     Total value of transaction    :    R417 534.44                             
Nature and extent of                                                       
     interest                      :    Direct beneficial                       
     Clearance obtained            :    Yes                                     
     Durban                                                                     
23 August 2006                                                             
     Sponsor                                                                    
     RAND MERCHANT BANK (A division of FirstRand Bank Limited)                  
Date: 23/08/2006 03:45:02 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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