Trading Update

SnackTime plc ("the Company")

4 March 2016

Trading Update

Ahead of the announcement of the Company's final results for the year ended 31 March 2015, planned to be released in mid-March 2016, SnackTime provides the following update on the Group's trading performance to 27 March 2015.

Further to the Company's announcement of 27 July 2015, following the extended audit work that is just now concluding, the Company expects to report a loss for the year, before a small taxation credit, of approximately £4.4m (2014: loss £8.5m) after the following charges:-

- Depreciation - £1,268k (2014: £1,566k)

- Impairment of intangible assets - £934k (2014: £6,579k)

- Amortisation of intangible assets -£212k (2014: £392k)

- Exceptional items - £499k (2014: £594k)

- Finance costs - £337k (2014; £504k)

- Share based payment expenses - £19k (2014: £42k)

Total net borrowing including shareholder loans as at 27 March 2015 was £3,724k (2014: £4,806k) - total net borrowing at the end of February 2016 was approximately £2.3m on the same basis.

The Company's Annual Report for the year ended 31 March 2015 and interim results for the six months ended 30 September 2015 are expected to be published and notified, as appropriate, by 17 March 2016.

For Enquiries:-

Jeremy Hamer Chairman SnackTime plc 0208 879 8300

Michael Maltby Company Secretary

Tom Griffiths Stockdale Securities 0207 601 6100

Richard Johnson