Distribution of Circular and Notice of General Meeting TASTE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company”) DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING 1. DISTRIBUTION OF CIRCULAR Further to the announcement released on SENS on 21 April 2015 (and using the terms defined therein unless otherwise stated) regarding, inter alia, the specific issue of 8 196 722 subscription shares to Brimstone (or one of its wholly-owned subsidiaries), shareholders are hereby advised that the circular containing full details of the specific issue and incorporating a notice to convene a general meeting of Taste shareholders in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve and implement the specific issue, has been distributed today, 29 May 2015. The circular is available on the Company’s website at www.tasteholdings.co.za 2. NOTICE OF GENERAL MEETING Notice is hereby given that a general meeting of Taste shareholders will be held at 12:30 (or immediately following the Annual General Meeting, whichever is later) on Tuesday, 30 June 2015 at Summer Place, 69 Melville Road, Hyde Park, Johannesburg, to conduct the business stated in the notice of general meeting, which is contained in the circular. The board of directors of the Company (“the Board”) has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended (“Companies Act”) the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the General Meeting is Friday, 19 June 2015. Accordingly, the last day to trade in Taste shares in order to be recorded in the Company’s securities register to be entitled to vote will be Thursday, 11 June 2015. Johannesburg 29 May 2015 Corporate Adviser and Sponsor to Taste Merchantec Capital Date: 29/05/2015 04:00:00 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.