LIFE HEALTHCARE GROUP HOLDINGS LTD - Declaration of special dividend

Declaration of special dividend

LIFE HEALTHCARE GROUP HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2003/002733/06
ISIN: ZAE000145892
Share Code: LHC
(“Life Healthcare” or “the Company”)

DECLARATION OF SPECIAL DIVIDEND

The Company has accepted an offer to disinvest from its interest
in JMH Holdings Limited (“JMH”). The transaction became
substantially unconditional on 17 February 2014 and the proceeds
of the transaction will be received by the Company on 28 February
2014.

After consideration of the cash position, the directors
accordingly approved and declared a special gross cash dividend of
100,0 cents per ordinary share out of income reserves on 20
February 2014.

As no secondary tax on companies’ credits are available, the
dividend will be subject to dividend withholding tax at a rate of
15%, which will result in a net dividend of 85,0 cents per share
to those shareholders who are not exempt in terms of section 64F
of the Income Tax Act.

The Company's tax reference number is 9387/307/15/1. The issued
share capital at the declaration date is 1 042 209 750 ordinary
shares.

In compliance with the requirements of the JSE Limited, the
following dates are applicable:

Last day to trade cum the dividend      Friday,   7 March 2014
Trading commences ex the dividend       Monday,   10 March 2014
Record date                             Friday,   14 March 2014
Payment date                            Monday,   17 March 2014

Share certificates may not be dematerialised or rematerialised
between Monday, 10 March 2014 and Friday, 14 March 2014, both days
inclusive.

Illovo
21 February 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited

Date: 21/02/2014 05:05:00 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.