SIPEF — Earnings Release 2015

Aug 20, 2015

Regulated information June

Group production

of the SIPEF group [in tonnes]

	2015						YoY Variation
Palm Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	13 146	16 765			29 911	15 120	16 779			31 899	-0.08%	-6.23%
UMW/TUM Group	5 240	7 332			12 572	2 809	4 150			6 959	76.67%	80.66%
Agro Muko	16 033	18 700			34 733	19 026	20 349			39 375	-8.10%	-11.79%
Hargy Oil Palms	14 204	17 254			31 458	13 326	14 849			28 175	16.20%	11.65%
Total own	48 623	60 051	0	0	108 674	50 281	56 127	0	0	106 408	6.99%	2.13%
Outgrowers
Tolan Tiga Group	0	43			43	103	0			103	0	-58.25%
UMW/TUM Group	37	310			347	0	4			4	7650.00%	8575.00%
Agro Muko	358	437			795	412	445			857	-1.80%	-7.23%
Hargy Oil Palms	11 524	13 802			25 326	11 207	12 836			24 043	7.53%	5.34%
Total outgrowers	11 919	14 592	0	0	26 511	11 722	13 285	0	0	25 007	9.84%	6.01%
Total Palm Oil	60 542	74 643	0	0	135 185	62 003	69 412	0	0	131 415	7.54%	2.87%
Palm Kernels	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	3 215	3 771			6 986	3 671	3 905			7 576	-3.43%	-7.79%
UMW/TUM Group	874	1 132			2 006	744	1 039			1 783	8.95%	12.51%
Agro Muko	3 797	4 380			8 177	4 312	4 742			9 054	-7.63%	-9.69%
Total own	7 886	9 283	0	0	17 169	8 727	9 686	0	0	18 413	-4.16%	-6.76%
Outgrowers
Tolan Tiga Group	0	11			11	27	0			27	0	-59.26%
UMW/TUM Group	6	70			76	0	0			0	0	0
Agro Muko	69	89			158	80	90			170	-1.11%	-7.06%
Total outgrowers	75	170	0	0	245	107	90	0	0	197	88.89%	24.37%
Total Palm Kernels	7 961	9 453	0	0	17 414	8 834	9 776	0	0	18 610	-3.30%	-6.43%
Palm Kernel Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Hargy Oil Palms	1 073	1 116			2 189	1 037	1 144			2 181	-2.45%	0.37%
Total own	1 073	1 116	0	0	2 189	1 037	1 144	0	0	2 181	-2.45%	0.37%
Outgrowers
Hargy Oil Palms	918	1 342			2 260	869	991			1 860	35.42%	21.51%
Total outgrowers	918	1 342	0	0	2 260	869	991	0	0	1 860	35.42%	21.51%
Total Palm Kernel Oil	1 991	2 458	0	0	4 449	1 906	2 135	0	0	4 041	15.13%	10.10%

Group Production

of the SIPEF group [in tonnes]

	2015					2014					YoY Variation
Rubber	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	820	604			1 424	781	565			1 346	6.90%	5.79%
Melania	945	1 290			2 235	1 107	851			1 958	51.59%	14.15%
Agro Muko	504	430			934	414	459			873	-6.32%	6.99%
Galley Reach	530	392			922	504	495			999	-20.81%	-7.71%
Total own	2 799	2 716	0	0	5 515	2 806	2 370	0	0	5 176	14.60%	6.55%
Outgrowers
Agro Muko	0	0			0	0	0			0	0	0
Galley Reach	40	111			151	166	205			371	-45.85%	-59.30%
Total outgrowers	40	111	0	0	151	166	205	0	0	371	-45.85%	-59.30%
Total Rubber	2 839	2 827	0	0	5 666	2 972	2 575	0	0	5 547	9.79%	2.15%
Tea	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Melania	740	784			1 524	652	717			1 369	9.34%	11.32%
Total own	740	784	0	0	1 524	652	717	0	0	1 369	9.34%	11.32%
Outgrowers
Melania	0	0			0	0	0			0	0	0
Total outgrowers	0	0	0	0	0	0	0	0	0	0	0	0
Total Tea	740	784	0	0	1 524	652	717	0	0	1 369	9.34%	11.32%
Bananas	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Azaguie	1 462	1 176			2 638	2 006	1 239			3 245	-5.08%	-18.71%
Agboville	2 900	2 354			5 254	2 926	2 543			5 469	-7.43%	-3.93%
Motobe	2 702	2 256			4 958	2 965	2 225			5 190	1.39%	-4.47%
Total Bananas	7 064	5 786	0	0	12 850	7 897	6 007	0	0	13 904	-3.68%	-7.58%

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Commodity Price Data

June 2015

Average market prices

Product		YTD Q2/2015	YTD Q2/2014	YTD Q4/2014
CPO (CIF Rotterdam)	in \$/mt	674	899	821
CPKO (CIF Rotterdam)	in \$/mt	1 003	1 270	1 121
RSS3 (FOB Singapore)	in \$/mt	1 762	2 187	1 958
Tea (avg auct Mombasa)	in \$/mt	2 558	2 140	2 045
Bananas (FOT Europe)	in \$/mt	918	1 097	1 043

Crude Palm Kernel Oil in \$/mt ■²⁰¹⁵ ■²⁰¹⁴

CIF Rotterdam

Tea in \$/mt ■²⁰¹⁵ ■²⁰¹⁴

Crude Palm Oil in \$/mt ■²⁰¹⁵ ■²⁰¹⁴

CIF Rotterdam

RSS3 in \$/mt ■²⁰¹⁵ ■²⁰¹⁴

FOB Singapore

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