Trading Statement TASTE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will differ by 20% or more from the financial results for the previous corresponding period. The Company hereby advises that a reasonable degree of certainty exists that for the six- month period ended 31 August 2018: - loss per share will be between 7.8 cents and 8.4 cents, representing a decrease of between 48% and 51% compared to the loss per share of 16 cents reported for the period ended 31 August 2017; and - headline loss per share will be between 7.7 cents and 8.2 cents, representing a decrease of between 48% and 52% compared to the headline loss per share of 15.9 cents reported for the period ended 31 August 2017. The loss per share decreased mainly due to an increase in the number of shares in issue post the rights offer which took place on 29 January 2018. Details of the rights offer were contained in an announcement sent to shareholders on 9 January 2018. The financial information on which this trading statement is based has not been reviewed or reported on by the auditor of the Company. The results for the six-month period ended 31 August 2018 are expected to be published on or about 21 November 2018. Johannesburg 19 November 2018 Sponsor PSG Capital Date: 19/11/2018 05:05:00 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.