Dealing in securities by a director of a major subsidiary and company secretary RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY AND COMPANY SECRETARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director of major subsidiary : T J Harding : Rainbow Farms (Pty) Ltd Date of transaction : 26 May 2015 Nature of transaction : Off market acceptance and exercise of share appreciation rights (SARS) Class of securities : SARS in respect of ordinary shares Number of SARS accepted and : 160,000 exercised SARS grant date : 1 August 2009 SARS grant price : R14.27 Total value of transaction : R2,283,200.00 Nature of interest : Direct beneficial Clearance obtained : Yes Date of transaction : 29 May 2015 Nature of transaction : Off market sale of securities Class of securities : Ordinary shares Number of securities : 160,000 Selling price : R18.26 Total value of transaction : R2,921,600.00 Nature of interest : Direct beneficial Clearance obtained : Yes Company secretary : J M J Maher Company : RCL Foods Limited Date of transaction : 26 May 2015 Nature of transaction : Off market acceptance and exercise of share appreciation rights (SARS) Class of securities : SARS in respect of ordinary shares Number of SARS accepted and : 30,433 exercised SARS grant date : 1 August 2009 SARS grant price : R14.27 Total value of transaction : R434,278.91 Nature of interest : Direct beneficial Clearance obtained : Yes Date of transaction : 29 May 2015 Nature of transaction : Off market sale of securities Class of securities : Ordinary shares Number of securities : 30,433 Selling price : R18.26 Total value of transaction : R555,706.58 Nature of interest : Direct beneficial Clearance obtained : Yes Durban 29 May 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 29/05/2015 04:10:00 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.