Updated Trading Statement QUANTUM FOODS HOLDINGS LIMITED (previously Business Venture Investments No 1792 Proprietary Limited) (Incorporated in the Republic of South Africa) Registration Number: 2013/208598/06 Share Code: QFH ISIN Code: ZAE000193686 (“Quantum Foods” or “the Company”) UPDATED TRADING STATEMENT Shareholders are referred to the trading statement of the Company released on SENS on 26 March 2015. Shareholders are hereby advised that a reasonable degree of certainty exists that the earnings per share of the Company for the six month period ended 31 March 2015 is expected to be between 26.1 and 27.2 cents per share (2014: 5.7 cents loss per share), being an increase of between 556% and 576% from the previous corresponding period. Shareholders are further advised that the headline earnings per share of the Company for the six month period ended 31 March 2015 is expected to be between 25.3 and 27.2 cents per share (2014: 9.3 cents per share), being an increase of between 172% and 192% from the previous corresponding period. For purposes of the financial results for the previous corresponding period, shareholders are referred to Annexure 3 of the Quantum Foods pre-listing statement issued on 18 September 2014 for details of the carve-out financial results for the 6 month period ended 31 March 2014. The earnings per share and headline earnings per share for the previous corresponding period set out above were based on Quantum Foods’ actual number of shares in issue on the date of listing on the JSE on 6 October 2014, being 233 248 590 shares. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Quantum Foods’ financial results for the 6 month period ended 31 March 2015 are expected to be released on SENS on or about Monday, 25 May 2015. Wellington 5 May 2015 Sponsor PSG Capital Proprietary Limited Date: 05/05/2015 10:30:00 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.