PFG - Pioneer Food Group Limited - Issuing of shares to the Pioneer Foods

PFG - Pioneer Food Group Limited - Issuing of shares to the Pioneer Foods       
Broad-Based BEE Trust                                                           
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")                                              
ISSUING OF SHARES TO THE PIONEER FOODS BROAD-BASED BEE TRUST ("BEE Trust")      
Shareholders are referred to the Company`s circular to shareholders dated 19    
January 2012 and to the Company`s subsequent SENS announcements regarding the   
Pioneer Foods Phase II Broad-Based Black Economic Empowerment Transaction       
("the Transaction").                                                            
Shareholders are advised that 10 599 988 Pioneer Foods Shares have been issued  
to the Trust pursuant to the Transaction and that these shares were listed      
this morning on the JSE.  The Trust is a perpetual black economic empowerment   
trust founded by the Company.                                                   
Accordingly, the Transaction has now been fully implemented.                    
Stellenbosch                                                                    
26 April 2012                                                                   
Sponsor                                                                         
PSG Capital (Pty) Limited                                                       
Date: 26/04/2012 16:07:01 Supplied by www.sharenet.co.za                     
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