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Rainbow- Exercise of options and subsequent sale o

RBW

RBW

Rainbow- Exercise of options and subsequent sale of securities by Director

RAINBOW CHICKEN LIMITED

(Incorporated in the Republic of South Africa)

(Registration number: 1966/004972/06)

ISIN: ZAE000019063

Share Code: RBW

In compliance with the JSE Limited Listings Requirements, the following

transaction made by a Director of Rainbow Chicken Limited, is disclosed:

Director : M Dally

Date of transaction : 23 August 2006

Nature of transaction : Exercise of options in terms of the Rainbow

Share Incentive Scheme

Class of securities : Options in respect of ordinary shares

Number of options exercised

and option strike price : 200 000 at R3.45

Total value of transaction : R690 000.00

Date of transaction : 23 August 2006

Nature of transaction : Sale of securities

Class of securities : Ordinary shares

Number of securities : 120 000

Selling price : R10.1238 per share

Total value of transaction : R1 214 851.18

Nature and extent of

interest : Direct beneficial

Clearance obtained : Yes

Durban

25 August 2006

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25/08/2006 01:27:02 PM Produced by the JSE SENS Department