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 Group”) TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Taste is currently finalising its results for the year ended 28 February 2018 (“current year”) and the directors anticipate that: - the loss per share is expected to be between 49.7 cents and 52.3 cents representing a decline of between 85% and 95%, compared to the loss per share of 26.8 cents for the year ended 28 February 2017 (“prior year”); and - the headline loss per share is expected to be between 40.6 cents and 43.1 cents representing a decline of between 62% and 72%, compared to the headline loss per share of 25.0 cents for the prior year. The financial information on which this trading statement is based has not been reviewed or reported on by Taste’s auditors. Taste's audited financial results are expected to be released on SENS on or about 31 May 2018. Johannesburg 23 May 2018 Sponsor Merchantec Capital Date: 23/05/2018 11:30:00 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.