Exercise of Options and Sale of Shares by Directors and a Director of a Major Subsidiary TASTE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste”) EXERCISE OF OPTIONS AND SALE OF SHARES BY DIRECTORS AND A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Mr Carlo Gonzaga Company: Taste Holdings Limited Nature of the transaction: On market sale of ordinary shares following the off market exercise of share options Class of securities: Ordinary shares Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Date of transaction: 8 June 2016 Option strike price: 43 cents Number of securities: 54 330 Price per security: R2.25 Total value of transaction: R122 242.50 Name of director: Mr Evan Tsatsarolakis Company: Taste Holdings Limited Class of securities: Ordinary Shares Nature of transaction: On market sale of ordinary shares following the off market exercise of share options Extent of director’s interest: Direct beneficial Date of transaction: 6 June 2016 7 June 2016 8 June 2016 Number of securities: 21 278 51 416 5 596 Volume weighted average price per security R2.39 R2.29 R2.25 Lowest selling price R2.37 R2.25 R2.25 Highest selling price R2.42 R2.37 R2.25 Value of transaction: R50 854.42 R117 742.64 R12 591 Clearance to deal obtained: Yes Yes Yes Exercise Price 43 cents 43 cents 43 cents Name of director: Mr Arvid Smedsrud Company: Buon Gusto Cuisine Proprietary Limited, a major subsidiary of Taste Class of securities: Ordinary Shares Nature of transaction: On market sale of ordinary shares following the off market exercise of share options Extent of director’s interest: Direct beneficial Date of transaction: 6 June 2016 7 June 2016 8 June 2016 Number of securities: 17 023 41 133 4 476 Volume weighted average price per security R2.39 R2.29 R2.25 Lowest selling price R2.37 R2.25 R2.25 Highest selling price R2.42 R2.37 R2.25 Value of transaction: R40 684.97 R94 194.57 R10 071.00 Clearance to deal obtained: Yes Yes Yes Exercise Price 43 cents 43 cents 43 cents Johannesburg 10 June 2016 Sponsor Merchantec Capital Date: 10/06/2016 07:52:00 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.