RCL FOODS LIMITED - Results of general meeting

Results of general meeting

RCL Foods Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/004972/06)
Share code: RCL
ISIN: ZAE000179438
(“RCL Foods” or "the Company")

RESULTS OF GENERAL MEETING

RCL Foods shareholders are referred to the announcement released
on the Stock Exchange News Service on Thursday, 21 November 2013
and published in the South African press on Friday, 22 November
2013, advising of the proposed acquisition by RCL Foods of TSB
Sugar RSA and TSB Sugar International from TSB Sugar Holdings, the
implementation of the TSB BEE Transaction, the unwinding of the
current RCL Foods BEE structure, the implementation of a new RCL
Foods BEE Transaction and a proposed equity capital raising (“the
Proposed Transactions”).

At the general meeting of RCL Foods shareholders held today, 16
January 2014, all the special and ordinary resolutions proposed,
including the resolutions required to implement the Proposed
Transactions, increase the Company’s authorised share capital and
amend the Memorandum of Incorporation, were passed by the
requisite majority of votes.

The special resolutions will, where necessary, be lodged for
registration   with  the  Companies and Intellectual Property
Commission in due course.

Durban
16 January 2014

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

Date: 16/01/2014 02:02:00 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.