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ACT/ACTP - Afrocentric Investment Corporation Limited - Cash distribution declaration by way of a capital reduction out of share premium AFROCENTRIC INVESTMENT CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number 1988/000570/06) JSE Code: ACT, ACTP ISIN: ZAE000078416, ZAE000082269 ("AfroCentric" or "the Company") CASH DISTRIBUTION DECLARATION BY WAY OF A CAPITAL REDUCTION OUT OF SHARE PREMIUM ("CASH DISTRIBUTION") Shareholders are referred to the audited Group results announcement dated 27 September 2011 wherein it was stated that the board of directors had declared a cash distribution in the form of a capital reduction out of share premium of 9 cents per ordinary share. Preference shareholders participate in distributions on the basis that they are entitled to 15% of the aggregate distribution payable to preference and ordinary shareholders. Having regard thereto, a cash distribution of 25.48 cents per preference share has been declared in terms of the Company`s Memorandum of Incorporation. In compliance with the requirements of Strate, the electronic settlement custody system used by the JSE Limited, the Company has determined the following salient dates for the payment of the cash distributions for ordinary and preference shareholders. Last day to trade "cum" the Friday, 18 November 2011 cash distributions Ordinary shares and preference Monday, 21 November 2011 shares commence trading "ex" the cash distributions Record date to participate in Friday, 25 November 2011 the cash distributions Payment date for ordinary and preference shareholders in Monday, 28 November 2011 respect of the cash distributions No ordinary or preference share certificates may be dematerialised or rematerialised between Monday, 21 November 2011 and Friday, 25 November 2011 both days inclusive. 04 November 2011 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 04/11/2011 13:49:01 Supplied by www.sharenet.co.za 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.
