Trading Statement SOVEREIGN FOOD INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration Number 1995/003990/06 JSE Code: SOV ISIN Number: ZAE000009221 (“Sovereign” or “the Company”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period. Sovereign shareholders are advised that the Company’s earnings per share (“EPS”) for the year ended 28 February 2013 is expected to be between 64.31 cents and 75.29 cents. Published EPS for the year ended 29 February 2012 was 54.9 cents. The Company’s headline earnings per share (“HEPS”) for the year ended 28 February 2013 is expected to be between 72.31 cents and 83.89 cents. Published HEPS for the year ended 29 February 2012 was 57.9 cents. The Company’s auditors have not reported on the financial information on which this trading statement is based. Shareholders are advised that the results for the year ended 28 February 2013 will be published on or about 16 May 2013. Port Elizabeth 3 May 2013 Sponsor One Capital Date: 03/05/2013 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.