PIONEER FOOD GROUP LIMITED - Voluntary Announcement

Voluntary Announcement

Pioneer Food Group Limited
Incorporated in the Republic of South Africa
Registration number: 1996/017676/06
Share code: PFG
ISIN code: ZAE000118279
(“Pioneer Foods” or “the Company”)

VOLUNTARY ANNOUNCEMENT

We refer to the Companies and Intellectual Property
Commission (“CIPC”) announcement published in the media
on 11 October 2016 that implicates Pioneer Foods and
others in under-disclosing certain turnover values in its
annual return submissions to the CIPC.

Pioneer Foods wishes to confirm and state the following:

  1) The amount due to the CIPC was R3000 together with
     penalties of R1000. The payment process was already
     initiated on 28 September 2016;
  2) Pioneer Foods has been engaging the CIPC since
     receipt of the initial communication from them in
     August 2016.

Pioneer Foods is committed to complying with all relevant
Companies Act statutory obligations.

Tyger Valley
13 October 2016

Sponsor
PSG Capital Proprietary Limited

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