AFRICAN AND OVERSEAS ENTERPRISES LD - Declaration of Dividend Numbers 155 and 156 on the 6% Cumulative Participating Preference Shares

Declaration of Dividend Numbers 155 and 156 on the 6% Cumulative Participating Preference Shares

AFRICAN & OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1947/027461/06
Share code: AOO         ISIN: ZAE000000485
Share code: AON         ISIN: ZAE000009718
Share code: AOVP        ISIN: ZAE000000493
“AOE” or “the company”

DECLARATION OF DIVIDEND NUMBERS 155 AND 156 ON THE 6% CUMULATIVE PARTICIPATING PREFERENCE SHARES

Notice is hereby given that cash dividend No. 155 on the 6% cumulative participating preference shares (“preference
shares”) for the six months ending 31 December 2012 at the rate of 6% per annum, (6.00 cents per preference share)
together with cash dividend No. 156 being the participation dividend of 27% (54.00 cents per preference share) will be
paid on Monday 7 January 2013 to all holders of preference shares (“preference shareholders”) recorded in the
register of the company at close of business on Friday 4 January 2013.

The salient dates of the preference dividends are as follows:

Last date to trade cum dividend:                                                           Thursday 27 December 2012

Shares trade ex-dividend:                                                                      Friday 28 December 2012

Record date:                                                                                      Friday 4 January 2013

Payment Date:                                                                                    Monday 7 January 2013

Share certificates may not be dematerialised or rematerialised between Friday 28 December 2012 and Friday
4 January 2013, both dates inclusive.

In terms of the new Dividends Tax effective 1 April 2012, the following additional information is disclosed:


    1       the dividend has been declared out of income reserves;
    2       the local dividend tax rate is 15%;
    3       secondary tax on companies credits utilised is 60.00 cents per share in respect of the preference shares;
    4       the gross local dividend amount is 60.00 cents per share for preference shareholders;
    5       as a result of the utilisation of secondary tax on companies credits, the net local dividend amount is 60.00
            cents per share for preference shareholders, whether liable to pay, or exempt from, the new Dividends
            Tax;
    6       the issued preference share capital of the company is 275 000 6% cumulative participating preference
            shares of R2.00 each;
    7       the issued ordinary share capital of the company is 1 250 000 ordinary shares of 50 cents each and 10
            137 441 `N` ordinary shares of 0.25 cents each; and
    8       the company’s tax reference number is 9010/017/03/7.

Cape Town
5 December 2012



    Sponsor
    Java Capital

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