28.1

Approved capital expenditure, which will be financed from normal operating cash flows and utilisation of existing borrowing facilities, is as follows:

28.2

The capital commitments noted above include various capital efficiency and expansion projects.

28.3

Commitments in respect of inventories

In terms of its normal business practice, certain group operations have entered into commitments to purchase certain agricultural inputs over their respective seasons.

28.4

Commitments in respect of transport

The group maintains long-term contracts, including certain minimum payments, with various transport companies for the distribution of its products.