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Fri 8 Dec 2006, 16:30 AFGRI Limited - Dealing in securities by directors
AFR
 AFR                                                                             
AFGRI Limited - Dealing in securities by directors                              
AFGRI Limited                                                                   
Registration number: 1995/004030/06                                             
Share Code: AFR                                                                 
ISIN: ZAE000040549                                                              
("the company" or "AFGRI")                                                      
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Financial Director            :    I de W Goosen                                
Company                       :    AFGRI                                        
Class of security             :    Ordinary shares                              
Nature of transaction         :    Sale as a consequence of the accrual and     
                                   implementation of the deferred right to sell 
                                   shares (options allocated and exercised on 2 
November 2003 at R5.20 and 1 June 2005 at    
                                   R4.72 - market value on those dates) in terms
                                   of the company share incentive scheme        
Date of transaction           :    6 December 2006                              
Number of shares              :    626 044                                      
Selling price                 :    R7.32 per share                              
Total value of transactions   :    R4 582 642.08                                
Nature of interest            :    Direct beneficial                            
Clearance received            :    Yes                                          
Deputy Managing Director      :    DM Sewela                                    
Company                       :    AFGRI                                        
Class of security             :    Ordinary shares                              
Nature of transactions        :    Sale as a consequence of the accrual and     
                                   implementation of the deferred right to sell 
                                   shares (options allocated and exercised on 29
                                   April 2004 at R6.22, 1 June 2005 at R4.73 and
18 November 2005 at R5.38 - market value on  
                                   those dates) in terms of the company share   
                                   incentive scheme                             
Date of transaction           :    6 December 2006                              
Number of shares              :    573 856                                      
Selling price                 :    R7.30 per share                              
Date of transaction           :    7 December 2006                              
Number of shares              :    379 411                                      
Selling price                 :    R7.21 per share                              
Nature of interest            :    Direct beneficial                            
Nature of transaction         :    Sale of shares                               
Date of transaction           :    7 December 2006                              
Number of shares              :    44 000                                       
Selling price                 :    R7.21 per share                              
Nature of interest            :    Indirect beneficial                          
Total value of transactions   :    R7 241 942.11                                
Clearance received            :    Yes                                          
Non-Executive Vice Chairman   :    MM Moloele                                   
Company                       :    AFGRI                                        
Class of security             :    Ordinary shares                              
Nature of transaction         :    Sale of shares                               
Date of transaction           :    7 December 2006                              
Number of shares              :    66 000                                       
Selling price                 :    R7.21 per share                              
Total value of transactions   :    R475 860.00                                  
Nature of interest            :    Indirect beneficial                          
Clearance received            :    Yes                                          
8 December 2006                                                                 
Johannesburg                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 08/12/2006 04:30:17 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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