Updated Trading Statement QUANTUM FOODS HOLDINGS 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 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. Further to the initial trading statement released on SENS dated 16 September 2015, shareholders are advised that in respect of the year ended 30 September 2015 the Company expects headline earnings per share of between 52.86 cents and 55.10 cents, being an increase of between 374% and 394% compared to the headline earnings of 11.16 cents per share for the previous financial year ended 30 September 2014. Shareholders are further advised that in respect of the year ended 30 September 2015 the Company is expecting to announce basic earnings per share of between 54.05 cents and 54.77 cents, being an increase of between 1585% and 1605% compared to the basic loss of 3.64 cents per share for the previous financial year ended 30 September 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. Shareholders are referred to the SENS announcement dated 7 October 2015, in which shareholders were advised of the disposal of the Tydstroom abattoir business in Hartebeespoort, Gauteng (“the Transaction”). Shareholders were advised that all of the conditions precedent to the Transaction have been fulfilled and accordingly the Transaction is now unconditional. The effective date of the Transaction occurred after the financial year-end, therefore the impact of the profit 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 ended 30 September 2015 as set out above. 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 ended 30 September 2015 are expected to be released on SENS on or about Thursday, 26 November 2015. Wellington 6 November 2015 Sponsor PSG Capital Date: 06/11/2015 09:00:00 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.