Results of Claw-Back Offer TASTE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company”) RESULTS OF CLAW-BACK OFFER Shareholders are referred to the announcements released on SENS on 19 May 2017 and 25 May 2017 and the circular dated 30 May 2017 (and using the terms defined therein unless otherwise stated) wherein shareholders were advised that Taste intended to raise R120 million from its Shareholders by way of a renounceable Claw-Back Offer, in terms of which Taste offered a total of 80 000 012 new Shares at a subscription price of R1.50 per Claw-Back Offer Share in the ratio of 21.13210 Claw-Back Offer Shares for every 100 Shares held in Taste at the close of business on the Initial Record Date for the Claw-Back Offer, being Friday, 2 June 2017. Shareholders are advised that following the close of the Claw-Back Offer on Thursday, 15 June 2017, 64 469 470 Claw-Back Offer Shares were subscribed for, equivalent to 80.6% of the total Claw-Back Offer Shares. The remaining 15 530 542 Claw-Back Offer Shares will be allocated to the Subscriber in terms of the Claw-Back Subscription Agreement. Claw-Back Offer Share certificates in terms of the Claw-Back Offer will be posted to holders of Certificated Shares on or about Monday, 19 June 2017. The CSDP or broker accounts of holders of Dematerialised Shares will be credited with Claw- Back Offer Shares and debited with payments due on Monday, 19 June 2017. Johannesburg 19 June 2017 Sponsor and Corporate Advisor Merchantec Capital Legal Advisor Eversheds Sutherland Date: 19/06/2017 04:19:00 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.