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CCO - Capital & Counties Properties PLC - Final dividend for the year ended 31

Release Date: 15/05/2012 17:30
Code(s): JSE CCO
 
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CCO - Capital & Counties Properties PLC - Final dividend for the year ended 31 december 2011 - Additional information for shareholders on the south African register Capital & Counties Properties PLC Incorporated and registered in England and Wales with Registration Number 07145041 and registered in South Africa as an external company with Registration Number 2010/003387/10) JSE code: CCO ISIN: GB00B62G9D36 ("Capital & Counties" or the "Company") CAPITAL & COUNTIES PROPERTIES PLC FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2011 - ADDITIONAL INFORMATION FOR SHAREHOLDERS ON THE SOUTH AFRICAN REGISTER Shareholders on the South African branch register are referred to the final dividend announcement released on SENS on 3 May 2012 and are advised that the share price to be used for calculating residual payments under the Scrip Dividend alternative will be the same as the scrip dividend price of 2477.17 ZA cents. Using the same example as contained in the aforementioned announcement, a shareholder who holds 500 shares on the South African branch register would be entitled to 2.52627 shares (expressed to five decimal places) which will be rounded down to 2 shares and the residual payment will be 0.52627 x 2477.17 ZA cents = 1303.06 ZA cents, payable in cash. As the cash residuals will not constitute the distribution of an asset in specie, the residual payments will be subject to South African Dividends Tax, which will therefore be withheld from the residual payment to South African shareholders at a rate of 15 per cent. unless a shareholder qualifies for an exemption from Dividends Tax, and the prescribed requirements for effecting the exemption, as set out in the scrip dividend scheme booklet, are in place. For further information, please see the Supplemental Notice concerning taxation amendments in South Africa that will be published on the Company`s website as soon as reasonably practical following the release of this announcement. Enquiries Ruth Pavey Company Secretary Capital & Counties Properties PLC + 44 (0) 20 7297 6283 15 May 2012 Sponsor: Merrill Lynch SA (Pty) Ltd Date: 15/05/2012 17:30:02 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 throug
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