Class Action Summons issued against Tiger Brands 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 Class Action Summons issued against Tiger Brands Shareholders are referred to the SENS announcement issued by the Company on 3 December 2018, which confirmed that on that day, the Johannesburg Local Division of the High Court of South Africa, granted a certification order in the Class Action Lawsuit, authorising the issuing of a Summons in a Class Action to be instituted against Tiger Brands. We confirm that the Company received the Summons in respect of the Class Action Lawsuit on 16 April 2019. No specific amount of damages is being claimed in the Summons, as the first stage of the Class Action is concerned with liability and not the quantum of damages. The quantum of damages will be dealt with in the second stage of the Class Action, after the court has made a ruling with regard to liability, and only if the court finds that the Company is liable. The Plaintiffs’ claims for damages comprise three parts, namely claims in terms of the Consumer Protection Act; alternatively, claims in delict; and thirdly claims for exemplary or punitive or Constitutional damages, notwithstanding that the law in South Africa does not, we are advised, currently recognise a claim for exemplary or punitive damages, or Constitutional damages of an exemplary or punitive nature. As previously confirmed, the Company has product liability insurance cover appropriate for a group of its scale. Coverage is subject to the terms and limits of the policy. Our insurers have advised that the product liability policy does not include cover for exemplary or punitive damages, should such an award be made by the Court, and in addition, should an award be made for Constitutional damages, the product liability policy will not cover that portion of the award which relates to exemplary or punitive damages which are not compensatory in nature. The Company reserves its rights in this regard. The Company intends to defend the Class Action and the Company is preparing to follow due legal process. When appropriate, it will issue further communication as material milestones in this process are reached. Bryanston 17 April 2019 Sponsor J.P. Morgan Equities South Africa Proprietary Limited Date: 17/04/2019 08:52:00 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.