PIONEER FOOD GROUP LIMITED - Update On The Acquisition Of A Strategic Stake In Weetabix East Africa

Update On The Acquisition Of A Strategic Stake In Weetabix East Africa

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

UPDATE ON THE ACQUISITION OF A STRATEGIC STAKE IN WEETABIX EAST AFRICA

Shareholders are referred to the SENS announcement released by the Company on 16
November 2016, advising Shareholders of the acquisition of a 49.89% stake in Weetabix East
Africa Limited.

The Company is pleased to announce that the transaction was unconditionally approved by
the Competition Authority of Kenya and all other conditions precedent to the transaction have
now been fulfilled.

8 March 2017
Bellville

Sponsor
PSG Capital

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