Updated Trading Statement QUANTUM FOODS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration Number: 2013/208598/06 Share Code: QFH ISIN Code: ZAE000193686 (“Quantum Foods” or “the Company”) UPDATED TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, a listed company is required to issue a trading statement once it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the financial results for the previous corresponding period. Further to the initial trading statement released on SENS dated 12 September 2018, shareholders are advised that in respect of the twelve-month period ended 30 September 2018, the Company expects: - headline earnings per share of between 159.0 cents and 168.8 cents, being an increase of between 224% and 244% compared to the headline earnings of 49.0 cents per share for the previous corresponding period; and - basic earnings per share of between 158.7 cents and 169.9 cents, being an increase of between 185% and 205% when compared to the basic earnings per share of 55.7 cents in the previous corresponding period. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Quantum Foods’ financial results for the twelve months ended 30 September 2018 are expected to be released on SENS on or about Thursday, 29 November 2018. Wellington 31 October 2018 Sponsor PSG Capital Date: 31/10/2018 03:50:00 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.