2. REMINDER TO SHAREHOLDERS Illovo shareholders are hereby reminded, as per paragraph 1 of the circular dated 22 June, that it is a term of the offers that Illovo shall be entitled to refuse to implement the purchase of Illovo ordinary shares, pursuant to the offers, in respect of any odd-lot holder or specific holder whom the Company reasonably believes has become an odd-lot holder or specific holder in order to take advantage of the offers. Such odd-lot holder or specific holder will have no claim against Illovo arising out of or in connection with such refusal. The details of the offers are contained in the circular which is also available on the Company's website:
www.illovosugar.com.