Dealings in securities by directors and company secretary RCL FOODS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000179438 Share Code: RCL (“the Company”) DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY The following transaction is disclosed in compliance with the JSE Limited Listings Requirements: Director : RH Field Company : RCL Foods Limited Date of transaction : 12 April 2018 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 42,590 Volume weighted average selling price per share : R18.7265 Total value of transaction : R797,563.20 Highest trading price : R19.00 Lowest trading price : R18.50 Nature of interest : Direct beneficial Clearance obtained : Yes The following transactions are disclosed in relation to the announcement published on SENS on 4 April 2018 with regard to Share Appreciation Rights (SARs) exercised by participants in the RCL Share Appreciation Rights Scheme: Director : M Dally Company : RCL Foods Limited Date of transaction : 13 April 2018 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 58,340 Selling price per share : R18.99 Total value of transaction : R1,107,868.80 Nature of interest : Direct beneficial Clearance obtained : Yes Company Secretary : J Maher Company : RCL Foods Limited Date of transaction : 13 April 2018 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 2,115 Selling price per share : R18.99 Total value of transaction : R40,162.11 Nature of interest : Direct beneficial Clearance obtained : Yes Durban 18 April 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/04/2018 03:00:00 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.