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Mon 4 Sep 2006, 12:51 Illovo Sugar Limited - Dealing in securities (purs
ILV
 ILV                                                                             
Illovo Sugar Limited - Dealing in securities (pursuant to ABF offer)            
ILLOVO SUGAR LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
Company registration number 1906/000622/06                                      
Share Code: ILV                                                                 
ISIN: ZAE000083846                                                              
("Illovo")                                                                      
DEALING IN SECURITIES (PURSUANT TO ABF OFFER)                                   
Pursuant to the scheme of arrangement proposed by ABF Overseas Limited ("ABF")  
between Illovo and its shareholders, whereby ABF was to acquire 51% of the fully
diluted issued ordinary share capital of Illovo ("the ABF offer"), becoming     
operative on 4 September 2006, and the ABF offer having been extended to all    
participants in the Illovo Sugar 1992 Share Option Scheme, and in compliance    
with paragraph 3.63 of the Listings Requirements of the JSE Limited, notice is  
hereby given of the following dealings by a director in Illovo"s securities :   
Name of director:                       D G MacLeod                             
Nature of transaction:                  Exercise of options/Allotment of        
                                        shares(pursuant to the ABF offer)       
1.   Number of securities bought:       94 400 ordinary shares                  
Option strike date:                31 August 1998                          
     Option strike price:               R4.35 per share                         
2.   Number of securities bought:       102 000 ordinary shares                 
     Option strike date:                30 August 1999                          
Option strike price:               R5.62 per share                         
3.   Number of securities bought:       160 700 ordinary shares                 
     Option strike date:                12 July 2000                            
     Option strike price:               R4.43 per share                         
4.   Number of securities bought:       127 500 ordinary shares                 
     Option strike date:                7 June 2001                             
     Option strike price:               R6.50 per share                         
5.   Number of securities bought:       127 600 ordinary shares                 
Option strike date:                21 May 2002                             
     Option strike price:               R8.05 per share                         
6.   Number of securities bought:       178 600 ordinary shares                 
     Option strike date:                21 May 2003                             
Option strike price:               R6.80 per share                         
7.   Number of securities bought:       109 700 ordinary shares                 
     Option strike date:                2 June 2004                             
     Option strike price:               R7.70 per share                         
Total number of securities brought:     900 500 ordinary shares                 
Total Value:                            R5 610 881.00                           
Date:                                   4 September 2006                        
Nature of interest:                     Sale of shares (pursuant to the ABF     
offer)                                  
Number of securities sold:              1 053 518 ordinary shares               
Selling price:                          R21.00 per share                        
Value:                                  R22 123 878.00                          
Date:                                   4 September 2006                        
Nature of interest:                     Direct beneficial                       
Clearance to deal:                      Obtained in advance in accordance with  
                                        JSE   Listings Requirements - paragraph 
3.66                                    
Mount Edgecombe                                                                 
4 September 2006                                                                
Sponsor: J.P.Morgan Equities Limited                                            
Date: 04/09/2006 12:51:06 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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