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RCL FOODS ANNUAL RESULTS MEDIA RELEASE 2018

Tue 28th Aug 2018

PERFORMANCE HIGHLIGHTS • 52,7% increase in headline earnings • Exceptional performance from most grocery brands • Strong Chicken recovery • Sugar impacted by dumped imports • Growth strategy gains momentum Durban, 28 August 2018: RCL FOODS today reported a 52.7% increase in headline earnings for the year ended June 2018 despite a challenging trading environment.

RCL FOODS INTERIM RESULTS MEDIA RELEASE 2018

Mon 26th Feb 2018

SALIENT FEATURES Strong earnings growth Chicken recovery ahead of expectation following restructure, adverse impact on Logistics and Animal Feed in line with expectation Sugar margins compromised by significant imports despite strong operational performance and volume recovery post drought Grocery brands continue to perform well in a market showing muted growth Interim dividend declared of 15,0