Dealings in securities by directors and the company secretary RHODES FOOD GROUP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2012/074392/06) JSE share code: RFG ISIN: ZAE000191979 DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed in relation to the acceptance of Performance Shares allocated under the Rhodes Food Group 2015 Share Plan (“Plan”) on 2 December 2019 (“Allocation Date”). Director : BAS Henderson Company : Rhodes Food Group Holdings Limited Date of transaction : 5 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 95 779 Performance Share allocation price* : R16.96 Total value of transaction : R1 624 411.84 Nature of interest : Direct beneficial Clearance obtained : Yes Director : CC Schoombie Company : Rhodes Food Group Holdings Limited Date of transaction : 5 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 50 893 Performance Share allocation price* : R16.96 Total value of transaction : R863 145.28 Nature of interest : Direct beneficial Clearance obtained : Yes Director : J Mpele Company : Rhodes Food Group Proprietary Limited Date of transaction : 6 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 34 234 Performance Share allocation price* : R16.96 Total value of transaction : R580 608.64 Nature of interest : Direct beneficial Clearance obtained : Yes Director : WP Hanekom Company : Rhodes Food Group Proprietary Limited Date of transaction : 5 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 41 109 Performance Share allocation price* : R16.96 Total value of transaction : R697 208.64 Nature of interest : Direct beneficial Clearance obtained : Yes Director : C Mareka Company : Rhodes Food Group Proprietary Limited Date of transaction : 5 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 36 633 Performance Share allocation price* : R16.96 Total value of transaction : R621 295.68 Nature of interest : Direct beneficial Clearance obtained : Yes Director : C Costaras Company : Rhodes Food Group Proprietary Limited Date of transaction : 6 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 41 109 Performance Share allocation price* : R16.96 Total value of transaction : R697 208.64 Nature of interest : Direct beneficial Clearance obtained : Yes Director : B Lakey** Company : Rhodes Food Group Proprietary Limited Date of transaction : 5 December 2019 Nature of transaction : Off market acceptance of Performance Shares granted to the director under the terms of the Plan Class of securities : Options in respect of ordinary shares Number of options granted : 27 106 Performance Share allocation price* : R16.96 Total value of transaction : R459 717.76 Nature of interest : Direct beneficial Clearance obtained : Yes * Award price per share is based on a 10-day VWAP ended 29 November 2019. ** B Lakey is also the Company Secretary of Rhodes Food Group Holdings Limited. - The vesting of the Performance Shares is subject to the satisfaction of certain conditions, including continued employment and the satisfaction of certain performance criteria. - To the extent that the employment and performance criteria have been met the Performance Shares will vest on the third anniversary of the Allocation Date. Groot Drakenstein 6 December 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 06-12-2019 09:35:00 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.