Notification in terms of Section 122(3) of the Companies Act and Paragraph 3.83(b) of the JSE Listings Requirements Taste Holdings Limited Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF JSE LIMITED In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008) (“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that Taste has received notification in terms of section 122(1) of the Companies Act that: - Midbrook Lane Proprietary Limited, Protea Asset Management LLC and Conduit Capital Limited, which are commonly managed companies, have acquired a beneficial interest in the securities of the Company, such that their entire beneficial interest amounts to 31.4% of the total number of securities in issue; and - Newshelf 1168 Proprietary Limited, a wholly-owned subsidiary of Brimstone Investment Corporation Limited, has disposed of a beneficial interest in the securities of the Company, such that their entire remaining beneficial interest amounts to 0% of the total number of securities in issue. As required in terms of section 122(3)(a) of the Companies Act, Taste has filed the required notices with the Takeover Regulation Panel. Johannesburg 30 May 2016 Sponsor Merchantec Capital Date: 30/05/2016 05:00:00 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.