SPA - Spanjaard Limited - Declaration of ordinary dividend number 21

SPA - Spanjaard Limited - Declaration of ordinary dividend number 21            
SPANJAARD LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1960/004393/06)                                            
Share code SPA ISIN ZAE000006938                                                
("the company")                                                                 
DECLARATION OF ORDINARY DIVIDEND NUMBER 21                                      
Notice is hereby given that a final dividend of 18 (eighteen) cents per share   
has been declared in respect of the financial year ending 29 February 2012.     
The salient dates of the declaration are as follows:                            
-    last day to trade in order to be eligible for the    Friday 18 May 2012    
dividend                                                                    
-    shares trade ex-dividend                             Monday 21 May 2012    
-    record date                                          Friday 25 May 2012    
-    payment made                                         Monday 28 May 2012    
Shares may not be dematerialised/ rematerialised between Monday, 21 May and     
Friday, 25 May 2012, both days inclusive.                                       
The dividend will amount to R1 465 713 (November 2011 interim dividend: R 814   
285) and the directors confirm that the company has adequate cash resources     
at its disposal for this purpose out of the current year`s profit before tax,   
which is forecast to be R6 331 554. This forecast, which is based upon the      
interim unaudited results of the company for the six months ended 31 August     
2011 and the management accounts up to and including 25 February 2012, has      
not been reviewed or reported on by the auditors of the company.                
By order of the board                                                           
Wynberg, Sandton                                                                
29 February 2012                                                                
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 29/02/2012 13:53:31 Supplied by www.sharenet.co.za                     
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