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”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, a listed company is required to issue a trading statement once it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the financial results for the previous corresponding period. Shareholders are hereby advised that a reasonable degree of certainty exists that the earnings per share of the Company for the year ended 30 September 2015 are expected to be a minimum of 50.0 cents per share (2014: 3.6 cents loss per share), being a minimum increase of 1473% from the previous corresponding period. Shareholders are further advised that the headline earnings per share of the Company for the year ended 30 September 2015 are expected to be a minimum of 49.4 cents per share (2014: 11.2 cents per share), being a minimum increase of 343% from the previous corresponding period. Once sufficient certainty exists, a further update with a final indicative range for the year ending 30 September 2015 will be provided to shareholders (“the Updated Trading Statement”). The loss 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. Shareholders are referred to the announcement released by the Company on SENS on 11 May 2015 in which shareholders were advised that the Company and Quantum Foods Proprietary Limited (“the Sellers”) had concluded an agreement with Sovereign Food Investments Limited and Crown Chickens Proprietary Limited in terms of which the Sellers will dispose of the Tydstroom abattoir business in Hartebeespoort, Gauteng (“the Transaction”). Shareholders are advised that the Transaction has not yet been approved by the relevant Competition Commission authorities and as such, the impact of the profit of the disposal, in respect of the Transaction, has not been taken into account in calculating the earnings per share and the headline earnings per share of the Company for the year ending 30 September 2015, as set out above. Should Competition Commission approval be obtained before 30 September 2015, the impact of the Transaction on the earnings per share and the headline earnings per share of the Company will be included in the Updated Trading Statement. Lower maize and soya meal costs due to an improved international stock situation has benefited both broiler and egg production costs and contributed to the improved results for the current financial period. Further contributions to the improved results for the current financial period are the increases in egg selling prices and volumes of layer livestock sold. Quantum Foods’ broiler business also returned to profitability due to the re-engineering of the Western Cape business model, as well as improved volumes and cost efficiencies at the Company’s Hartebeespoort abattoir. 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 year ending 30 September 2015 are expected to be released on SENS on or about Thursday, 26 November 2015. Wellington 16 September 2015 Sponsor PSG Capital Date: 16/09/2015 10:10:00 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.