SABVEST LIMITED - Special dividend declaration

Special dividend declaration

SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
ISIN: ZAE000006417 Ordinary shares
ISIN: ZAE000012043 N Ordinary shares
(“Sabvest” or “the Company”)

SPECIAL DIVIDEND DECLARATION

Notice is hereby given that a special gross dividend of 100 cents per ordinary and “N” ordinary
share has been declared out of income reserves. The group’s high cash balances resulting from
the dividends received pursuant to the sale of an investee company’s subsidiary, is the basis of
the board’s decision to declare this dividend.

The special dividend has been approved by the Financial Surveillance Department of the South
African Reserve Bank.

The issued share capital of the company at the declaration date is 17 076 804 ordinary and
28 883 000 “N” ordinary shares. The income tax number of the company is 9375/105/716.

The special dividend is a dividend defined in the Income Tax Act, 1962, and a dividend
withholding tax at a rate of 20% will be deducted for all shareholders who are not exempt in
terms of the legislation. This will result in a final net cash dividend of 80 cents per ordinary and
“N” ordinary share to non-exempt shareholders.

Last date to trade “CUM” dividend                                       Tuesday, 13 February 2018
Trading “EX” dividend commences                                       Wednesday, 14 February 2018
Record date                                                              Friday, 16 February 2018
Dividend payment date                                                    Monday, 19 February 2018

No dematerialisation or rematerialisation of share certificates will be allowed during the period
Wednesday, 14 February 2018 to Friday, 16 February 2018.

Sandton
30 January 2018

Financial adviser and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 30/01/2018 12:25:00 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.