CLR\CLRP - Clover Industries Limited - Finalisation Announcement

CLRCLRP - Clover Industries Limited - Finalisation Announcement                
CLOVER INDUSTRIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/030429/06)                                            
Income tax number: 9657/002/71/4                                                
JSE Ordinary share code: CLR  ISIN: ZAE000152377                                
JSE Preference share code: CLRP ISIN: ZAE000152385                              
("Clover" or "the Company")                                                     
FINALISATION ANNOUNCEMENT                                                       
Shareholders are referred to the dividend declaration released on SENS on       
8 June 2012, wherein it was advised that the memorandum of incorporation of the 
Company was amended (by way of special resolutions) to gross up the preference  
dividend rate, from 90% of the average prime rate, to 99% of the average prime  
rate.                                                                           
This dividend was declared at a rate of 99% of the average prime rate, subject  
to the related special resolutions being registered with the Companies and      
Intellectual Property Commission ("CIPC") by no later than 15 June 2012.        
Shareholders are hereby advised that the related special resolutions have been  
registered with CIPC, and accordingly the final dividend payable on 2 July 2012 
remains the same as was declared on 8 June 2012.                                
The salient dates are as follows:                                               
Last day to trade "cum" the preference share dividend     Friday, 22 June 2012  
Shares commence trading "ex" the preference share         Monday, 25 June 2012  
dividend                                                                        
Record date on                                           Friday, 29 June 2012   
Payment date on                                            Monday, 2 July 2012  
Share certificates may not be dematerialised or rematerialised between 25 June  
2012 and 29 June 2012, both days inclusive.                                     
Johannesburg                                                                    
12 June 2012                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (a division of FirstRand Bank Limited)                       
Date: 12/06/2012 14:00:02 Supplied by www.sharenet.co.za                     
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