Progress on the Class Action Certification Process TIGER BRANDS LIMITED (“Tiger Brands” or “the Company”) Incorporated in the Republic of South Africa Registration number 1944/017881/06) Share code: TBS ISIN: ZAE000071080 Progress on the Class Action Certification Process The legal representatives of both the Company and the claimants in the two separate Listeriosis Class Actions met with the Deputy Judge President of the Gauteng Local Division of the High Court, Johannesburg, yesterday. The meeting was convened at the request of the parties to discuss the conduct of the matter. The attorneys acting for the different applicants in the two separate applications for certification, Richard Spoor Inc and LHL Attorneys Inc, have now agreed to combine into a single certification application. They will thus jointly represent all the applicants and, as a result, the application by LHL Attorneys Inc will be discontinued. At the above meeting, the parties advised the Deputy Judge President that they have agreed on the broad terms of a draft certification order. The next step in the certification proceedings is for the allocation of a Judge who will convene a hearing to consider the proposed order. It is noted that the draft order agreed between the parties simply allows the certification action to proceed. In terms of the proposed order, it is envisaged that four distinct groups of persons will constitute classes for the purposes of the Class Action. These four classes encompass all claimants who could potentially have a claim against the Company. It is expressly recorded in the draft order that the terms of the order do not constitute an admission of liability by the Company to any class or member of a class. Subject to the approval and granting of the certification order, the Class Action will then proceed in two stages. The first stage is to determine whether or not the Company is liable. Anyone who thinks they have a claim, but who does not wish to participate in the Class Action, must expressly opt out of the Class Action by notifying the claimants’ attorneys formally. If at the end of the first stage, it is determined that the Company is liable in respect of all or any of the four classes, then all claimants who had not opted out will thus be bound by that ruling. Following on from this, and assuming the Company is held liable, the Class Action will then proceed to the second stage, namely to determine the extent of the damages due to each class in general, and to each claimant in particular. Claimants will be required to expressly opt in to the second stage of the Class Action by giving formal notice to the claimants’ attorneys, and only those claimants who opt in will have the benefit of and be bound by the outcome of the second stage. The draft certification order envisages further that the terms of the order will be published widely to ensure that all potential claimants are alerted to their rights. The Company continues to work closely with its insurers to ensure that the entire process is managed as efficiently as possible. Bryanston 14 August 2018 Sponsor J.P. Morgan Equities South Africa Proprietary Limited Date: 14/08/2018 03:45:00 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.