NOUMI LIMITED — Capital/Financing Update 2017

Dec 18, 2017

Freedom Foods Group Limited[ABN 41 002 814 235] 80 Box Road Taren Point NSW 2229 T: +61 2 9526 2555 www.ffgl.com.au /FreedomFoodsGroup

==> picture [163 x 32] intentionally omitted <==

19[th] December 2017

Company Announcements Office ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000

Freedom Foods Group Limited (ASX: FNP) Completion of Sale and Leaseback, New Group Financing Facilities

Freedom Foods Group Limited ( FNP or the Company or the Group ) confirms that it has completed the sale and leaseback of the Ingleburn facility and the entering into of a new syndicated banking facility.

Following shareholder approval of the sale and leaseback of the Company’s Ingleburn land and buildings for a net consideration of $75 million, the transaction was completed contemporaneously with the Company entering into a new 3 year syndicated banking facility.

As foreshadowed at the FY 2017 full year results, the Company has also entered into a new syndicated banking facility with its long term banking partners HSBC and NAB. The facility provides a more flexible group finance and liquidity structure that will provide for the working capital and capital expenditure needs of the business from continued revenue growth. The term of the $234m new secured bilateral and syndicated facility is for 3 years.

Further details on the structure of the facilities will be included in the Company’s half year reporting.

For further information, please contact:

Rory J F Macleod Managing Director and CEO Freedom Foods Group Limited +612 9526 2555

Media Enquiries: Ian Pemberton P&L Corporate + 61 402 256 576

==> picture [595 x 73] intentionally omitted <==