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Index [www.tongaat.co.za]

Index Page Investment case 3. Financial overview 4. Cash flow 6. Sugar 7. Future sugar production and its significance 8. Global sugar market dynamics 9. Deficit regional markets of Southern and 10. Eastern Africa Tongaat Hulett's sugar market positioning 12. Developing themes 13. Mozambique 16. Zimbabwe 28. South Africa 38. Starch and Glucose 50. Creating value through Land Development 60. Additional financial information 64. 2. Tongaat Hulett's strategic positioning and objectives Investment case focus on the following key points Tongaat Hulett is a proactive and resilient organisation working in collaboration with all its stakeholders through different business and agricultural cycles in a constructive, mutual value- adding and developmental manner.

Index • Investment case • Financial overview • Cash flow • Sugar • Future sugar production and its significance • Global sugar market dynamics

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