RCL FOODS LIMITED - Implementation of RCL Foods BEE Transaction

Implementation of RCL Foods BEE Transaction

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")

IMPLEMENTATION OF RCL FOODS BEE TRANSACTION

RCL Foods shareholders ("Shareholders") are referred to –

    -    the circular posted to Shareholders on 12 December 2013 wherein Shareholders were inter alia advised
         on the Company's intention to implement a broad based black economic empowerment transaction with
         strategic partners of RCL Foods ("RCL Foods BEE Transaction");

    -    the announcement released on the Stock Exchange News Service on Monday, 31 March 2014 wherein
         Shareholders were advised of the fact that the RCL Foods BEE Transaction had not become
         unconditional due to various delays with filings at the Companies and Intellectual Property Commission.

The RCL Foods BEE Transaction has now become unconditional and will be implemented today, 26 May 2014.

Durban
26 May 2014

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

Attorneys
Cliffe Dekker Hofmeyr Inc.

Date: 26/05/2014 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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