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 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: 15 June 2016 17 June 2016 Number of securities: 50 622 65 407 Volume weighted average price per security: R2.25 R2.25 Lowest selling price: R2.25 R2.25 Highest selling price R2.25 R2.25 Value of transaction: R113 899.50 R147 165.75 Clearance to deal obtained: Yes Yes Exercise Price: 43 cents 43 cents 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: 15 June 2016 17 June 2016 Number of securities: 17 922 23 156 Volume weighted average price per security: R2.25 R2.25 Lowest selling price: R2.25 R2.25 Highest selling price R2.25 R2.25 Value of transaction: R40 324.50 R52 101.00 Clearance to deal obtained: Yes Yes Exercise Price: 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: 15 June 2016 17 June 2016 Number of securities: 14 338 18 525 Volume weighted average price per security: R2.25 R2.25 Lowest selling price: R2.25 R2.25 Highest selling price R2.25 R2.25 Value of transaction: R32 260.50 R41 681.25 Clearance to deal obtained: Yes Yes Exercise Price: 43 cents 43 cents Johannesburg 20 June 2016 Sponsor Merchantec Capital Date: 20/06/2016 04:20:00 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.