SENS

12-05-2005

Tongaat-Hulett – Granting of rights to participate in share incentive plans


The Tongaat-Hulett Group Limited
(Registration number 1892/000610/06)
Share code: TNT
Issuer Code: THGL
ISIN ZAE000007449
("Tongaat-Hulett" or "the Group")

TONGAAT-HULETT – GRANTING OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS

Executive directors have been granted rights to participate in the Group’s share incentive plans as follows:

Share appreciation rights, which are subject to performance conditions and vest after three years, at a grant price of R57.58.

P H Staude 92 810 rights
B G Dunlop 40 597 rights
A Fourie 37 381 rights
G R Hibbert 30 776 rights
G P N Kruger 32 610 rights
M H Munro 32 185 rights
S J Saunders 31 003 rights
M Serfontein 24 942 rights

Long term incentive plan awards, which are subject to performance conditions and vest after three years.

P H Staude 50 720 conditional awards
B G Dunlop 20 126 conditional awards
A Fourie 18 528 conditional awards
G R Hibbert 15 730 conditional awards
G P N Kruger 17 825 conditional awards
M H Munro 15 955 conditional awards
S J Saunders 17 308 conditional awards
M Serfontein 13 925 conditional awards

All rights and awards are subject to the rules of the respective share incentive plans, as approved by shareholders at the annual general meeting held on 26 April 2005.

Approval for the individual allocations and clearance to transact has been given.

12 May 2005
Tongaat

Sponsor: Investec Bank limited