PIONEER FOOD GROUP LIMITED - Dealing In The Companys Shares

Dealing In The Company’s Shares

Pioneer Food Group Limited
Incorporated in the Republic of South Africa
Registration number: 1996/017676/06
Share code: PFG
ISIN code: ZAE000118279
(“Pioneer Foods” or “the Company”)

DEALING IN THE COMPANY’S SHARES

In compliance with rules 3.63 to 3.74 of the JSE Listings Requirements,
the following information is disclosed:

 NAME OF DIRECTOR                    JA Jacobs
 COMPANY OF WHICH I AM A DIRECTOR    Pioneer Food Group Limited
 STATUS:EXECUTIVE/NON-EXECUTIVE      Executive – Company Secretary
 TYPE OF SECURITIES                  Shares
 CLASS OF SECURITIES                 Ordinary
 DATE OF TRANSACTION                 19 February 2016  (1)
                                     23 February 2016  (2)
 CENTS PER SHARE                     14 200            (1)
                                     High – 13 351     (2)
                                     Low – 13 330      (2)
                                     Average – 13 344  (2)
 NUMBER OF SECURITIES TRANSACTED     49                (1)
                                     2 953             (2)
 TOTAL RAND VALUE OF SECURITIES      R6 958.00         (1)
                                     R394 051.50       (2)
 NATURE OF TRANSACTION               Disposal of shares to cover
                                     taxation as a result of the
                                     exercise of Phantom Share
                                     Rights as announced on 17
                                     February 2016 (on-market)
 NATURE AND EXTENT OF INTEREST IN    Direct beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                  Yes

Clearance to deal in these shares was obtained in accordance with rule
3.66 of the JSE Listings Requirements.

24 February 2016
Bellville

Sponsor
PSG Capital

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