Acquisition by Oceana Group Limited of the fishing interests of Foodcorp Proprietary Limited RCL Foods Limited (Incorporated in the Republic of South Africa) Registration number: 1966/004972/06 ISIN: ZAE000179438 Share code: RCL ACQUISITION BY OCEANA GROUP LIMITED (“OCEANA”) OF THE FISHING INTERESTS OF FOODCORP PROPRIETARY LIMITED (“FOODCORP”) Shareholders are referred to the announcement released on the Stock Exchange News Service (“SENS”) on 7 November 2013, in which they were advised that the Competition Commission had approved the proposed acquisition by Oceana of the fishing interests of Foodcorp, subject to certain conditions, one of which was not acceptable to the parties. Accordingly, the parties filed a Request for Consideration with the Competition Tribunal, challenging the condition in question. The Tribunal approved the transaction subject to conditions which were again not acceptable to the parties. The parties chose to take the matter on appeal before the Competition Appeal Court, which court has today upheld the appeal and approved the merger subject to conditions acceptable to the parties. For more information, shareholders are referred to the announcement released by Oceana on SENS today. Durban 19 December 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 19/12/2014 02:58:00 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.