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Voluntary announcement: Logistics Division acquires cold chain business

VOLUNTARY ANNOUNCEMENT: LOGISTICS DIVISION ACQUIRES COLD CHAIN BUSINESS Shareholders are advised that the Logistics Division of RCL FOODS (Vector) has entered into an agreement with Imperial Logistics South Africa Group Proprietary Limited (“the Seller”) to acquire certain assets and staff related to its cold chain business resident within the Seller’s Consumer Packaged Goods business in

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RCL FOODS – SMALL RELATED PARTY TRANSACTION

Shareholders are advised that RCL FOODS and Siqalo Foods (Pty) Ltd. (“Siqalo”) have entered into a management services agreement, in terms of which RCL FOODS shall be appointed to manage and assist Siqalo in its day-to-day business operations by providing agreed management services (the “MSA”). Siqalo manufactures and markets certain spreads products throughout South Africa,

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RCL FOODS – FINAL RESULTS JUNE 2019

Revenue from contracts with customers increased to R25.888 billion (2018: R24.528 billion), operating profit before depreciation, amortisation and impairment (“EBITDA”) decreased to R1.526 billion (2018: R2.046 billion), operating loss came in at R29.3 million (2018: profit of R1.270 billion), loss for the year attributable to equity holders of the company rose to R110.5 million (2018:

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RCL FOODS – FURTHER TRADING STATEMENT

Shareholders are referred to the trading statement published on SENS on 4 June 2019. RCL reported that it”s headline earnings per share (“HEPS”) and earnings per share (“EPS”) for the year ended June 2019 (“current period”) would be lower by at least 20% when compared to the year ended June 2018 (“comparative period”), and that

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RCL FOODS – Appointment of Director

Shareholders were advised that Mr Paul Johannes Neethling has been appointed as an alternate director to Mr Jan Jonathan Durand, a non-executive director, with effect from 21 June 2019.

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RCL – trading statement

Shareholders are advised that a reasonable degree of certainty exists that RCL” headline earnings per share (“HEPS”) and earnings per share (“EPS”) for the year ending June 2019 will be lower by at least 20% when compared to the year ended June 2018 (“comparative period”). Accordingly, HEPS will be at least 19.4 cents (20%) lower

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RCL FOODS – ACQUISITION ANNOUNCEMENT

RCL, through one of its operating subsidiaries Vector Logistics (Pty) Ltd., has entered into an agreement to acquire a 49% shareholding in Senn Foods Logistics (Pty) Ltd. of Botswana, for BWP65.5 million (R79.9 million) (“the acquisition”). Senn Foods Logistics is the largest cold chain distribution business in Botswana and is involved in the distribution of

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RCL interim results December 2018

Revenue for the interim period increased to R13.265 billion (2017: R12.817 billion), operating profit lowered to R692.1 million (2017: R810.3 million), profit for the period attributable to equity holders of the company decreased to R579 million (2017: R663.4 million), while headline earnings per share came in at 54.8 cents per share (2017: 74.5 cents per

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RCL – trading statement

Shareholders are advised that RCL FOODS” headline earnings per share (“HEPS”) for the six months ended December 2018 (“current period”) is expected to be between 53.0 cents (-28.9%) and 57.0 cents (-23.5%) when compared to the reported HEPS of 74.5 cents for the six months ended December 2017 (“corresponding period”). Earnings per share (“EPS”) for

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RCL FOODS – SIGNIFICANT SHAREHOLDING DISCLOSURE

RCL shareholders are referred to the announcement released on SENS on Thursday, 21 November 2013 and to the circular issued on Thursday, 12 December 2013 (the “Circular”) advising RCL shareholders (“Shareholders”) of inter alia a proposed equity capital raising, including a pro rata offer of new ordinary shares in RCL (“RCL Shares”) to all Shareholders

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RCL FOODS LIMITED – Dealings in securities by directors

RCL 201812210036A Dealings in securities by directors RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL DEALINGS IN SECURITIES BY DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Conditional shares vested and accepted in terms of the RCL Foods Limited

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RCL – change to the board

Shareholders were advised that Dr Penny Moumakwa has been appointed as a non-executive director of the Company, with effect from 1 January 2019.

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RCL – report on proceedings at AGM

At the 52nd (fifty second) annual general meeting (“AGM”) of the shareholders of RCL FOODS held on Tuesday, 20 November 2018, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.

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RCL – annual financials. AGM notice, BEE report

The company released its summarised consolidated financial statements for the year ended 30 June 2018 (“results”) on the Stock Exchange News Service on 28 August 2018. The results were extracted from the annual financial statements which were audited by PricewaterhouseCoopers Inc., who expressed an unmodified opinion thereon. Shareholders are advised that the annual financial statements

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RCL final results June 2018

Revenue decreased to R24.4 billion (R25.0 billion). Operating profit increased to R1.3 billion (R776.5 million). Profit attributable to equity holders was higher at R922.4 million (R515.7 million). Furthermore, headline earnings per share came in at 96.8 cents per share (63.5 cents per share). Dividend The directors have resolved to declare a final gross cash dividend

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RCL final results June 2018

Revenue decreased to R24.4 billion (R24.9 billion). Operating profit increased to R1.3 billion (R776.5 million). Profit attributable to equity holders was higher at R922.4 million (R515.7 million). Furthermore, headline earnings per share came in at 96.8 cents per share (63.5 cents per share). Dividend The directors have resolved to declare a final gross cash dividend

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RCL – trading statement

Shareholders are advised that RCL FOODS expects that its headline earnings per share (“HEPS”) for the year ended June 2018 will be between 90.0 cents (+41.7%) and 100.0 cents (+57.5%) when compared to the reported HEPS of 63.5 cents for the year ended June 2017 (“corresponding period”). Earnings per share (“EPS”) for the year ended

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RCL FOODS LIMITED – Dealings in Share Appreciation Rights (SARs) and securities by a director

RCL 201804260059A Dealings in Share Appreciation Rights (“SARs”) and securities by a director RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SHARE APPRECIATION RIGHTS (“SARs”) AND SECURITIES BY A DIRECTOR The following transaction is disclosed in relation to SARs which were

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RCL FOODS LIMITED – Dealings in securities by directors and company secretary

RCL 201804180052A Dealings in securities by directors and company secretary RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY The following transaction is disclosed in compliance with the JSE Limited Listings Requirements: Director : RH Field

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RCL FOODS LIMITED – Dealings in securities by director and company secretary

RCL 201804120044A Dealings in securities by director and company secretary RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SECURITIES BY DIRECTOR AND COMPANY SECRETARY The following transactions are disclosed in relation to the announcement published on SENS on 4 April 2018

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RCL FOODS LIMITED – Dealings in securities by director and company secretary

RCL 201804060074A Dealings in securities by director and company secretary RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SECURITIES BY DIRECTOR AND COMPANY SECRETARY The following transactions are disclosed in relation to the announcement published on SENS on 4 April 2018

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RCL FOODS LIMITED – Dealings in share appreciation rights (SARs) and securities by directors and company secretary

RCL 201804040027A Dealings in share appreciation rights (“SARs”) and securities by directors and company secretary RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SHARE APPRECIATION RIGHTS (“SARs”) AND SECURITIES BY DIRECTORS AND COMPANY SECRETARY The following transaction is disclosed in relation

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RCL – product recall and suspension of operations

On 5 March 2018 the Company announced on the Stock Exchange News Service that Rainbow polony products from the Wolwehoek processing plant were being recalled and that the plant had been temporarily closed, as precautionary measures due to the current listeriosis outbreak. The purpose of this announcement is to update shareholders with regard to the

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RCL – no ST6 listeria found at polony factory

The listeriosis outbreak has been a tragic episode for the country. RCL FOODS expresses our deepest concern and sympathy for those who have been affected. RCL FOODS is pleased to state that the Wolwehoek polony plant in the Free State is clear of the ST6 listeria strain, which the Minister of Health has identified as

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RCL – statement regarding listeriosis outbreak

Stakeholders are referred to the media statement issued by the Minister of Health on 4 March 2018, relating to the recent outbreak of listeriosis in South Africa. In the media statement the Minister announced that it was concluded that the source of the current listeriosis outbreak was polony from a production facility in Polokwane, which

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RCL FOODS LIMITED – Dealings in share appreciation rights (SARs) and securities by directors

RCL 201803020079A Dealings in share appreciation rights (“SARs”) and securities by directors RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SHARE APPRECIATION RIGHTS (“SARs”) AND SECURITIES BY DIRECTORS The following transactions are disclosed in relation to SARs which were awarded on

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RCL interim results December 2017

Revenue for the interim period decreased to R12.765 billion (2016: R13.085 billion), operating profit before depreciation, amortisation and impairment (EBITDA) increased to R1.201 billion (2016: R900.4 million), operating profit jumped to R810.3 million (2016: R355.5 million), profit for the period attributable to equity holders of the company climbed to R663.4 million (2016: R321.7 million), while

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