Trading statement RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“RCL Foods" or “the Group”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the previous corresponding period. Shareholders are advised that RCL Foods expects that its earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the interim period ended 31 December 2014 will be between 60 cents (+2509%) and 80 cents (+3378%) versus the EPS and HEPS of 2.3 cents for the interim period ended 31 December 2013. The Group’s results for the interim period ended 31 December 2014 are expected to be released on SENS on 18 February 2015. Consistent with the June 2014 results announcement, the Group will release a set of pro-forma comparative results for the interim period ended 31 December 2013 in order to enable shareholders to draw a meaningful comparison. The financial information on which this trading statement is based has not been reviewed and reported on by the Group’s external auditors. Durban 03 February 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 03/02/2015 11:11:00 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.