Grant price (Rand)   Number of rights Rights Number of rights Rights time
  Name of Expiring Apportioned   at 31 December 2007 granted in 2008 at 31 December 2008 constrained
  executive seven years Tongaat Hulamin   Tongaat Hulamin Tongaat Tongaat Hulamin Tongaat Hulamin
  director from Hulett     Hulett   Hulett Hulett   Hulett  
  B G Dunlop 10 May 2005 43,98 13,60   40 597 40 597   40 597 40 597    
    25 April 2006 73,39 22,70   23 737 23 737   23 737 23 737 14 741 14 741
    20 August 2007 88,84     25 382     25 382   25 382  
    25 April 2008 92,74         27 276 27 276   27 276  
            89 716 64 334 27 276 116 992 64 334 67 399 14 741
  M H Munro 10 May 2005 43,98 13,60   21 185 21 185   21 185 21 185    
    25 April 2006 73,39 22,70   20 472 20 472   20 472 20 472 12 713 12 713
    20 August 2007 88,84     23 830     23 830   23 830  
    25 April 2008 92,74         25 807 25 807   25 807  
            65 487 41 657 25 807 91 294 41 657 62 350 12 713
  P H Staude 10 May 2005 43,98 13,60   92 810 92 810   92 810 92 810    
    25 April 2006 73,39 22,70   62 082 62 082   62 082 62 082 38 553 38 553
    20 August 2007 88,84     71 073     71 073   71 073  
    25 April 2008 92,74         75 720 75 720   75 720  
            225 965 154 892 75 720 301 685 154 892 185 346 38 553