AFRICAN AND OVERSEAS ENTERPRISES LD - Declaration of dividend number 157 on the 6% cumulative participating preference shares

Declaration of dividend number 157 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 NUMBER 157 ON THE 6% CUMULATIVE PARTICIPATING PREFERENCE SHARES


Notice is hereby given that cash dividend No. 157 on the 6% cumulative participating preference shares
(“preference shares”) for the six months ending 30 June 2013 at the rate of 6% per annum (6.00 cents per
preference share), will be paid on Monday, 24 June 2013 to all holders of preference shares (“preference
shareholders”) recorded in the register of the company at close of business on Friday, 21 June 2013.

The salient dates of the preference share dividend are as follows:

                                                                                                    2013
Last date to trade cum dividend:                                                       Thursday 13 June
Shares trade ex dividend:                                                                 Friday 14 June
Record date:                                                                              Friday 21 June
Payment Date:                                                                           Monday 24 June

Share certificates may not be dematerialised or rematerialised between Friday, 14 June 2013 and Friday,
21 June 2013, both dates inclusive.

Shareholders are advised of the following additional information:

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 6.00 cents per share in respect of the preference shares;
4.     the gross local dividend amount is 6.00 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
       6.00 cents per share for preference shareholders, whether liable to pay, or exempt from, 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.

30 May 2013


Sponsor
Javacapital
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