SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Notice Of Dividend Currency Exchange Rate (South African Rand)

Notice Of Dividend Currency Exchange Rate (South African Rand)

Schroder European Real Estate Investment Trust PLC
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77



14 March 2022

             NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 10 March 2022, Schroder European Real Estate Investment Trust plc (the “Company”)
announced its first interim dividend for the year ending 30 September 2022 of 1.85 euro
cents per share.

The currency exchange rate applicable for the dividend payable in South African cents to
shareholders on the South African register is based on the exchange rate on 14 March
2022 and is set out below:


 Declared dividend             Exchange rate                 Dividend in South African
                                                             cents per share


 1.85 euro cents per share     16.55000                      30.61750


Dividend tax will be withheld from the amount of the gross dividend of 30.61750. South
African cents per share paid to shareholders on the South African register at the rate of
20 per cent unless a shareholder qualifies for exemption.

After the dividend tax has been withheld, the net dividend will be 24.49400 South African
cents per share.

For the avoidance of doubt, dividend tax, and therefore the information provided in this
announcement, is only of direct application to shareholders on the South African register.

Enquiries:

Jeff O’Dwyer
Schroder Real Estate Investment Management Limited            Tel: 020 7658 6000

Ria Vavakis
Schroder Investment Management Limited                         Tel: 020 7658 2371

Dido Laurimore                                                 Tel: 020 3727 1000
FTI Consulting

Shareholders on the South African branch register should direct any questions regarding
the application of the dividend tax to the Company’s Transfer Secretary:

Computershare Investor Services (Pty) Limited
Rosebank Towers, 15 Biermann Avenue
Rosebank, 2196, South Africa
Postal Address - Private Bag X9000
Saxonwold, 2132.
Telephone +27 11 373 0033
Facsimile +27 11 688 5218
Email enquiries: web.queries@computershare.co.za

The Company has a primary listing on the London Stock Exchange and a secondary
listing on the JSE Limited.

JSE Sponsor:
PSG Capital Proprietary Limited

Date: 14-03-2022 04:30:00
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.