Update Announcement COUNTRY BIRD HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/008505/06) Share code: CBH ISIN: ZAE000094835 (“CBH” or “the Company”) UPDATE ANNOUNCEMENT CBH shareholders are referred to the posting announcement dated 17 October 2014 released on SENS and in the press regarding the circular containing the terms in which Black River Food Fund 2 LP (“the Offeror”), inter alia, offered to acquire the entire issued ordinary share capital of CBH, excluding the ordinary shares held Synapp International Limited, (“Scheme Shares”) by way of a scheme of arrangement in terms of section 114 of the Companies Act 71 of 2008 (“Proposed Transaction”) (“Circular”). Shareholders are advised that, due to the current ongoing labour disruption at the South African Post Office (“SAPO”), they may have experienced postal delays and may not have received the Circular in time to submit proxy forms to the Company’s share transfer secretaries (Computershare). Accordingly shareholders are reminded that the Circular is on the Company’s website (www.cbh.co.za), alternatively a printable version in PDF format can be emailed to shareholders upon request to the Company Secretary – mantunes@countrybird.co.za or +27 51 447 8890. Shareholders are also reminded that the related forms of proxy are to be received by the transfer secretaries by 11:00 on Wednesday, 12 November 2014. Johannesburg 6 November 2014 Sponsor: Investec Bank Limited Date: 06/11/2014 02:00:00 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.