PIONEER FOOD GROUP LIMITED - Withdrawal Of Cautionary Announcement

Withdrawal Of Cautionary 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”)

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement dated 7
March 2017 in terms of which shareholders were informed that the
Company had been approached to explore a material transaction.

Shareholders are hereby advised that, due to the recent sovereign
debt rating downgrades in South Africa and the potential for
additional downgrades, the parties have decided to discontinue
negotiations at this time. Accordingly, caution is no longer
required to be exercised by shareholders when dealing in the
Company’s securities.

21 April 2017
Tyger Valley

Sponsor
PSG Capital

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