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RCL FOODS LIMITED – DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY

RCL 201406050045A
Dealings in securities by directors of a major subsidiary

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 OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

Director : C D Creed
Company : Vector Logistics (Pty) Ltd

Date of transaction : 3 June 2014
Nature of transaction : Off market acceptance and exercise of
options
Class of securities : Options in respect of ordinary shares
Number of options accepted
and exercised : 139,119
Option grant date : 22 May 2008
Option grant price : R13.21
Total value of transaction : R1,837,761.99
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 139,119
Selling price : R16.50
Total value of transaction : R2,295,463.50
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : Off market acceptance and exercise of
share appreciation rights
Class of securities : Share appreciation rights equating to
28,381 ordinary shares
Number of rights accepted
and exercised : 176,730
Rights award date : 1 August 2009
Rights award price : R14.27
Total award value : R2,521,937.10
Rights exercise price : R17.00
Total exercise value : R3,004,414.10
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 28,381
Selling price : R17.00
Total value of transaction : R482,477.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : Off market acceptance and exercise of
share appreciation rights
Class of securities : Share appreciation rights equating to
12,062 ordinary shares
Number of rights accepted
and exercised : 90,334
Rights award date : 2 June 2010
Rights award price : R14.73
Total award value : R1,330,619.82
Rights exercise price : R17.00
Total exercise value : R1,535,673.82
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 12,062
Selling price : R17.00
Total value of transaction : R205,054.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 18,961
Selling price : R16.50
Total value of transaction : R312,856.50
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 4 June 2014
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 50,039
Selling price : R16.50
Total value of transaction : R825,643.50
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : S Pillay
Company : Vector Logistics (Pty) Ltd

Date of transaction : 3 June 2014
Nature of transaction : Off market acceptance and exercise of
options
Class of securities : Options in respect of ordinary shares
Number of options accepted
and exercised : 45,416
Option grant date : 22 May 2008
Option grant price : R13.21
Total value of transaction : R599,945.36
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 3 June 2014
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 45,416
Selling price : 43,916 shares at R16.50 and
1,500 shares at R16.51
Total value of transaction : R749,379.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Durban
5 June 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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