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CRG - Cargo Carriers Limited - Update on dividend declaration CARGO CARRIERS LIMITED (Registration Number 1959/003254/06) Share code: CRG ISIN: ZAE000001764 ("CRG" or "the Company") UPDATE ON DIVIDEND DECLARATION Shareholders are referred to the dividend declaration of 8 cents per share (gross) incorporated in the audited results announcement released on SENS and published in the press on 15 May 2012. Shareholders are advised that STC credits to the value of R611 608, being 3.05534 cents per share will be utilised for set off against the Dividend Withholding Tax ("DWT"). A local dividend tax rate of 15%, being 0.74170 cents per share will be applied, resulting in a net local dividend of 7.25830 cents per share. Shareholders exempt from paying DWT will receive a gross dividend of 8 cents per share. Shareholders are reminded that the last day to trade cum dividend will be Friday, 8 June 2012, that the dividend will be paid to all shareholders recorded in the books of the company at the close of business on Friday, 15 June 2012 and that the dividend will be paid on Monday, 18 June 2012. Johannesburg 1 June 2012 Sponsors Arcay Moela Sponsors (Pty) Ltd Date: 01/06/2012 12:29:01 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.
