TOTAL SHAREHOLDER RETURN

The graph below shows the percentage change (from a base of 100 in March 2012) in the TSR (with dividends reinvested) for each of the last 10 years on a holding of the Company’s shares against the corresponding change in a hypothetical holding in the shares of the FTSE 350 Food Producers and Processors Price Index (FTSE FPP) and the FTSE All Share Index (FTSE All Share). The FTSE FPP and the FTSE All Share were chosen as representative benchmarks of the sector and the market as a whole for the business.