Voluntary announcement ASTRAL FOODS LIMITED “Astral Foods” (Reg. No. 1978/003194/06) (Incorporated in the Republic of South Africa) Share Code: ARL ISIN Code: ZAE000029757 VOLUNTARY ANNOUNCEMENT Astral Foods has entered into a long term supply agreement with Quantum Foods Proprietary Limited (Quantum), subject to certain suspensive conditions that are required to be fulfilled by 15 May 2014. Quantum, a company within the Pioneer Food Group, will supply Astral Foods’ County Fair abattoir in the Western Cape with approximately 550 000 broilers per week. The tough market conditions over the past two to three years have resulted in a tremendous margin squeeze on poultry producers, which has led to numerous poultry business closures and subsequent industry consolidation. Under these conditions, exploratory talks between Astral Foods and Quantum commenced and an opportunity to preserve primary poultry production, processing and distribution in the Western Cape region was identified. The agreement will see Quantum maintaining their breeding operations as well as the rearing of broilers, with Astral Foods purchasing the broilers from Quantum for further processing, distributing and marketing. Astral Foods will have to increase capacity at its County Fair operation to accommodate the additional broilers and, to this end, will invest approximately R80 million in expanding its facilities and will thereby be creating a significant number of new jobs at County Fair. The agreement will be fully implemented following the suspensive conditions being met, and the completion of the expansion of the facilities at County Fair which is expected to take approximately five months. Astral Foods’ total broiler processing capacity will increase to approximately 5 million birds per week and it is expected that the project will deliver good value to all stakeholders. Pretoria 3 April 2014 Sponsor JP Morgan Equities South Africa (Pty) Limited Date: 03/04/2014 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.