Dealing in securities by associate of directors RHODES FOOD GROUP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2012/074392/06) JSE share code: RFG ISIN: ZAE000191979 (“RFG”) DEALING IN SECURITIES BY ASSOCIATE OF DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Directors: Garth Willis and Chad Smart Company: Rhodes Food Group Holdings Limited Name of associate: Capitalworks Rhodes Food Investment Partnership II Relationship to director: Garth Willis and Chad Smart are indirectly shareholders and directors within the control structure of Capitalworks Rhodes Food Investment Partnership II and have an indirect economic interest in RFG by way of a carried interest in relation to the investments held in RFG by Capitalworks Rhodes Food Investment Partnership II. Nature of transaction: On market purchase of securities Class of securities: Ordinary shares Date of transaction: 28 August 2019 Number of securities: 65 620 VWAP price: R15.95 Highest purchase price: R16.00 Lowest purchase price: R15.80 Total value of transaction: R1 046 796.49 Date of transaction: 29 August 2019 Number of securities: 100 000 Purchase price: R16.00 Total value of transaction: R1 600 000.00 Nature of interest: Indirect, beneficial Clearance obtained: Not required – associate dealing Groot Drakenstein 3 September 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 03/09/2019 10:06:00 Supplied by www.sharenet.co.za 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.