CAUTIONARY ANNOUNCEMENT

Shareholders are hereby informed that the Company has been approached to explore a material transaction which may have an effect on the share price of the Company if accepted and implemented. The anticipated corporate activity is in keeping with Pioneer Foods’ strategic direction. Shareholders are advised that whilst the Company is exploring the merits of the proposed transaction, no final decision has been taken by the Company’s board, and accordingly shareholders should exercise caution until a further announcement is made.

Tyger Valley
7 March 2017

Sponsor
PSG Capital

Media Contact

Deborah-Ann Sharwood
Manager, Group Communication

Glacier Place
1 Sportica Crescent
Tygervalley
7530
South Africa

Tel: +27 21 974 4156

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As the coronavirus (COVID-19) continues to spread throughout the world, at Pioneer Foods we are taking proactive steps grounded in science to protect the safety of our products, our employees, their families and support our communities around the country.