MSP - MAS Plc - Results of Scrip Dividend and Issue of New Shares

MSP - MAS Plc - Results of Scrip Dividend and Issue of New Shares               
MAS plc                                                                         
Previously Mergon Property Holdings Limited                                     
(Incorporated in the Isle of Man)                                               
(Registration number 2893V)                                                     
(Registered as an external company in the Republic of South Africa)             
(Registration number 2010/000338/10)                                            
JSE Share code: MSP                                                             
SEDOL: B4LFGHO                                                                  
ISIN: IM00B4LFGH00                                                              
(the "Company")                                                                 
RESULTS OF SCRIP DIVIDEND AND ISSUE OF NEW SHARES                               
Shareholders are referred to the announcement of 30 November 2010 and further   
notice to shareholders dated 21 December 2010, where the Company announced the  
maiden interim dividend of 2.05 euro cents per share for the year ending 28     
February 2011.                                                                  
The Company hereby announces that following the election by shareholders for the
dividend to be applied to fund the issue of new shares and thereby receiving the
maiden interim dividend in the form of shares in lieu of cash, a total of       
364,012 new shares ("New Shares") are to be issued on market as listed shares   
today, 13 January 2011 on both the Euro MTF of the Luxembourg Stock Exchange and
the AltX of the JSE Limited.  The New Shares will rank pari passu in every      
respect with existing listed shares of the Company and are fully fungible with  
effect from listing.                                                            
Following the issue of the New Shares in the Company, the total issued share    
capital of the Company will increase to 19,762,959 ordinary shares.             
Certificated shareholders should note that share certificates in respect of the 
New Shares will be posted to shareholders on or around 13 January 2011. Cheques 
will be dispatched on or around 13 January to shareholders in respect of the    
cash dividend of 2.05 Euro cents per share.                                     
Dematerialised shareholders should note that the CREST, CSDP and Broker accounts
holding dematerialised shares are in the process of being credited, according to
the elections made.                                                             
For further information please contact:                                         
Helen Cullen, Company Secretary, MAS plc                 +44 1624 625 000       


David Tosi, PSG Capital (Pty) Ltd, South African         +27 21 887 9602        
Sponsor                                                                         
Herman Troskie, M Partners, Luxembourg                   +352 263 868           
13 January 2011                                                                 
Date: 13/01/2011 11:00:01 Supplied by www.sharenet.co.za                     
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