RCL FOODS LIMITED - Notice of redemption of 8.75% Senior Secured Notes due 2018

Notice of redemption of 8.75% Senior Secured Notes due 2018

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
(“RCL Foods")

NOTICE OF REDEMPTION OF 8.75% SENIOR SECURED NOTES DUE 2018

RCL Foods today announces that its wholly owned subsidiary, Foodcorp Proprietary Limited
("Foodcorp"), has issued a notice for the redemption (the "Redemption") of all of its currently
outstanding EURO351,000,000 aggregate principal amount of 8.75% Senior Secured Notes due 2018
(the "Notes"). Foodcorp will on or about 11 April 2014 (the "Redemption Date") redeem the Notes
for cash in an amount equal to the aggregate redemption price (being 108.750% of the
outstanding principal amount), plus accrued and unpaid interest to (but not including) the
Redemption Date. The Redemption will be funded through a locally sourced ZAR debt package.
The notice of redemption sent to Notes holders and dated 12 March 2014, contains additional
information concerning the terms of the Redemption.

This announcement is for informational purposes only and shall not constitute an offer to
purchase the Notes or any other securities.


Durban
12 March 2014

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

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