Exercise of Options

Real Good Food plc

("Real Good Food" or "the Company")

Exercise of Options

Real Good Food plc (AIM: RGD) the diversified food business, announces that application has been made for 40,816 new ordinary shares of 2p each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). These new Ordinary Shares are being issued pursuant to the exercise of options by an ex-employee of the Company and will rank pari passu with the Company's existing Ordinary Shares.

Admission is expected to be effective on 18 April 2017.

Following Admission, the Company's issued share capital is 70,604,317 Ordinary Shares. The above figure of 70,604,317 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

ENQUIRIES: