Dealings in securities by directors and directors of major subsidiaries RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL DEALINGS IN SECURITIES BY DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Share options issued to the following directors on 22 May 2008 are due to expire on 22 May 2015, and would lapse if not exercised by that date. Consequently each of the following participants in the share incentive scheme has accepted and exercised the options specified. Director : M Dally Company : RCL Foods Limited Date of transaction : 24 March 2015 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options accepted and : 542,224 exercised Option grant date : 22 May 2008 Option grant price : R13.21 Total value of transaction : R7,162,779.04 Nature of interest : Direct beneficial Clearance obtained : Yes Director : R H Field Company : RCL Foods Limited Date of transaction : 24 March 2015 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options accepted and : 284,319 exercised Option grant date : 22 May 2008 Option grant price : R13.21 Total value of transaction : R3,755,853.99 Nature of interest : Direct beneficial Clearance obtained : Yes Director of major subsidiary : T J Harding Company : Rainbow Farms (Pty) Ltd Date of transaction : 24 March 2015 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options accepted and : 169,306 exercised Option grant date : 22 May 2008 Option grant price : R13.21 Total value of transaction : R2,236,532.26 Nature of interest : Direct beneficial Clearance obtained : Yes Director of major subsidiary : D S Pitman Company : Rainbow Farms (Pty) Ltd Date of transaction : 24 March 2015 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options accepted and : 213,541 exercised Option grant date : 22 May 2008 Option grant price : R13.21 Total value of transaction : R2,820,876.61 Nature of interest : Direct beneficial Clearance obtained : Yes Director of major subsidiary : W A De Wet Company : Rainbow Farms (Pty) Ltd Date of transaction : 24 March 2015 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options accepted and : 129,178 exercised Option grant date : 22 May 2008 Option grant price : R13.21 Total value of transaction : R1,706,441.38 Nature of interest : Direct beneficial Clearance obtained : Yes Director of major subsidiary : R J Matthews Company : Vector Logistics(Pty) Ltd Date of transaction : 24 March 2015 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options accepted and : 46,297 exercised Option grant date : 22 May 2008 Option grant price : R13.21 Total value of transaction : R611,583.37 Nature of interest : Direct beneficial Clearance obtained : Yes Durban 26 March 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 26/03/2015 09:25:00 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.