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Spanjaard Limited - Final Dividend No. 23

Release Date: 28/02/2013 07:05:00      Code(s): SPA     
SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA         ISIN: ZAE000006938

(?Spanjaard?)

FINAL DIVIDEND NO. 23

Notice is hereby given that Final Dividend No. 23 of 10 (ten) cents per ordinary share has been declared for the
financial year ending 28 February 2013 and together with the interim dividend of 15 (fifteen) cents per ordinary
share paid in November 2012, totals 25 (twenty five) cents per ordinary share declared for the 2013 financial
year.

The dividend will be subject to the Dividends Tax that was introduced with effect from 1 April 2012. In
accordance with the provisions of the Listings Requirements of the Johannesburg Stock Exchange, the following
additional information is disclosed:

    -   the dividend has been declared out of profits available for distribution

    -   the local Dividends Tax rate is 15%

    -   the gross local dividend amount is 10 cents per share for shareholders exempt from Dividends Tax

    -   no Secondary Tax on Companies? credits have been utilised

    -   the net local dividend amount is 8,5 cents per share for shareholders liable for Dividends Tax

    -   Spanjaard has 8 142 850 ordinary shares in issue

    -   Spanjaard?s income tax reference number is 9543 676 84 6.

The following dates are applicable to the dividend:

The last date to trade in order to be eligible for the dividend will be Friday, 17 May 2013

Shares will trade ex-dividend from Monday, 20 May 2013

The record date will be Friday, 24 May 2013 and payment will be made on Monday,
27 May 2013.

Share certificates may not be dematerialised/ rematerialised between Monday, 20 May 2013 and Friday, 24 May
2013, both days inclusive.

The dividend will amount to R 814 285 (November 2012 interim dividend: R 1 221 428) and the directors confirm
that the company has adequate cash resources at its disposal for this purpose out of the current year?s
consolidated profit before tax, which is estimated to be R5 390 000. This estimate has not been reviewed and
reported on by the auditors of the company.

By order of the board

SF Venter
Company Secretary
28 February 2013
Registered Office
748-750 Fifth Street
Wynberg
Sandton
2090

Transfer secretaries
Computershare Investor Services Proprietary Limited
70 Marshall Street
Johannesburg

Sponsor
Arcay Moela Sponsors Proprietary Limited

Date: 28/02/2013 07:05:00 Supplied by www.sharenet.co.za                     
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