Operational Update ASTRAL FOODS LIMITED “Astral Foods” (Reg. No. 1978/003194/06) (Incorporated in the Republic of South Africa) Share Code: ARL ISIN Code: ZAE000029757 OPERATIONAL UPDATE Shareholders are referred to the press release published on 22 June 2017 confirming that a strain of Avian Influenza (AI) known as H5N8 had been isolated on one of Astral Foods’ breeding sites based in the Villiers district. The direct cost impact of this outbreak amounted to approximately R25 million. Despite taking extreme measures to contain any further outbreak of the AI at our operations, a second outbreak has been isolated and confirmed on 1 August 2017 in one poultry shed on a breeding farm consisting of 48 poultry sheds in the Standerton area, on the banks of the Grootdraai Dam. This new outbreak is being handled with extreme care, diligence and with the experience gained from the first outbreak. The financial impact to date of this second outbreak is still limited, and possible future costs cannot be determined as it depends on whether the outbreak will spread further. It is not foreseen at this stage that this incident will impact broiler supply to the processing plants or the supply of chicken to the market. The information on which the operational update is based has not been reviewed and reported on by Astral Foods’ auditors. Pretoria 2 August 2017 Nedbank Corporate and Investment Banking, a division of Nedbank Limited Sponsor Date: 02/08/2017 01:40:00 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.