Dealings in Securities by The Sovereign Food Investments Limited Employee Share Ownership Trust SOVEREIGN FOOD INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1995/003990/06) JSE Code: SOV ISIN Number: ZAE000009221 (“Sovereign”) DEALINGS IN SECURITIES BY THE SOVEREIGN FOOD INVESTMENTS LIMITED EMPLOYEE SHARE OWNERSHIP TRUST (“SHARE TRUST”) In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”), Sovereign shareholders are hereby advised of the following dealings in securities by the Share Trust: Name of entity: Share Trust Nature of transactions: Purchase of shares Class of security: Ordinary shares On-market or off-market: On-market Nature of interest: Direct beneficial Transaction 1: Date of transaction: 25 July 2017 Number of ordinary shares: 289 Price per ordinary share: R10.85 Value of transaction: R3 135.65 Transaction 2: Date of transaction: 27 July 2017 Number of ordinary shares: 187 Price per ordinary share: R10.85 Value of transaction: R2 028.95 In regard to the above transactions, prior clearance was obtained from the chairman of the board, in compliance with paragraph 3.66 of the Listings Requirements, and the instruction to deal in the above securities was issued prior to the commencement of any closed period and / or prohibited period. Accordingly, there was no discretion exercised by the Share Trust in regard to the above transactions. Port Elizabeth 28 July 2017 Sponsor One Capital Date: 28/07/2017 05:30:00 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.