Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Limited (“SENS”) on 20 February 2015 (“Acquisition Announcement”) regarding the Company’s wholly owned subsidiary, RFG Foods Proprietary Limited (“Rhodes Food”) having concluded an agreement relating to the acquisition by Rhodes Food of the business assets of Deemster from Deemster (“Deemster Acquisition”), which acquisition was subject to the fulfilment or waiver, as the case may be, of
certain conditions precedent.

Groot Drakenstein – Recently listed RFG Foods Holdings today reported an increase of 117% in normalised headline earnings per share to 36.6 cents in its maiden interim results for the six months to March 2015.

Groot Drakenstein – RFG Foods today announced the planned acquisition of Boland Pulp, a producer of fruit and vegetable concentrates and purees, for R102 million.

RFG Foods (RFG) has entered into an agreement to acquire 100% of Western Cape-based fruit juice producer, Pacmar, by 01 April 2015.

Groot Drakenstein – RFG Foods Holdings, which made its debut on the JSE last month, delivered a strong trading and financial performance for the year to September 2014, increasing operating profit by 48% to R236 million.

Today RFG Foods Holdings listed on the Main Board of the JSE. RFG Foods is an internationally recognised producer of convenience meal solutions for distribution in Southern African and major global markets. The Group’s product range includes canned fruit, jam, vegetable and meat products, fresh ready-made meals, pies, pastries and dairy products.

Groot Drakenstein – RFG Foods has raised R600 million in a private placement ahead of its listing on the JSE next Thursday, 2 October.

This announcement has been prepared with reference to the Pre-listing Statement issued by RFG dated 15 September 2014 and the announcement released on SENS on the same day, regarding the private placement by way of an Offer for Subscription by RFG and the concurrent Offer for Sale by the Selling Shareholders of Ordinary Shares, subject to certain conditions. Unless otherwise indicated, defined terms used in this announcement are as set out in the Pre-listing Statement.