Trading Statement TASTE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company” or “the Group”) TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Further to the above, Taste expects earnings per share and headline earnings per share for the year ending 29 February 2016 to be negative (a decrease of more than 100%). Earnings per share and headline earnings per share for the comparative period being 28 February 2015 were 6.9 cents and 6.8 cents respectively. Stakeholders are reminded that the Group also discloses core earnings which exclude once off costs relating Domino’s Pizza and Starbucks. The Starbucks licence was acquired in July 2015 and the first stores are still scheduled to open during the first half of this year. Once the Company has clarity of the actual range of the earnings decrease for the year ending 29 February 2016, a further trading statement will be released on SENS. The above information has not been reviewed or reported on by Taste’s auditors. Johannesburg 11 February 2016 Sponsor Merchantec Capital Date: 11/02/2016 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.