Taste Rights Offer Results TASTE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company”) TASTE RIGHTS OFFER RESULTS Shareholders are referred to the announcement released on SENS on 28 August 2014 (“Declaration Announcement”) and 2 September 2014 (“Finalisation Announcement”) wherein shareholders were advised that Taste intended to raise R180 157 542 from its Shareholders by way of a renounceable rights offer (“Rights Offer”), in terms of which Taste will offer a total of 60 052 514 new Taste ordinary shares (“Rights Offer Shares”) at a subscription price of 300 cents per Rights Offer Share in the ratio of 29.20 Rights Offer Shares for every 100 shares held in Taste at the close of business on the record date for the Rights Offer, being Friday, 12 September 2014. Shareholders are advised that, 71 826 118 Rights Offer Shares were subscribed for, equivalent to 120% of the total Rights Offer Shares. As a result thereof, excess applications of 20 377 420 Rights Offer Shares have been received, which will be allocated in an equitable manner as set out in the circular distributed to Taste Shareholders on 9 September 2014 up to the number of Rights Offer Shares available. The results of the Rights Offer, which closed on Friday, 26 September 2014, are as follows: Number of Rights Offer % of Rights Offer Shares Shares Rights Offer Shares available for subscription 60 052 514 100% Rights Offer Shares subscribed for by Taste Shareholders 51 448 698 86% Excess Rights Offer Shares to be allotted 8 603 816 14% Rights Offer Share certificates in terms of the Rights Offer will be posted to holders of Certificated Taste Shares on or about Monday, 29 September 2014. The CSDP or broker accounts of holders of Dematerialised Taste Shares will be credited with Rights Offer Shares and debited with payments due on Monday, 29 September 2014. Johannesburg 29 September 2014 Sponsor, Corporate Advisor and Book Runner Merchantec Capital Date: 29/09/2014 03:46:00 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.