AFRICAN BANK INVESTMENTS LIMITED - Results of the cash dividend and the capitalisation share issue in lieu of a cash dividend

Results of the cash dividend and the capitalisation share issue in lieu of a cash dividend

AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1946/021193/06)
(Ordinary share code: ABL) (ISIN: ZAE000030060)
(Preference share code: ABLP) (ISIN: ZAE000065215)
(“the Company”)


RESULTS OF THE CASH DIVIDEND AND THE CAPITALISATION SHARE ISSUE IN LIEU OF A
CASH DIVIDEND

African Bank Investments Limited ordinary shareholders (“Shareholders”) are referred to the
announcement released on the Stock Exchange News Service on Friday, 31 May 2013 and published
in the press on Monday, 3 June 2013 (“the announcement”) regarding the capitalisation issue ratio
applicable to the election to receive capitalisation shares (“Capitalisation Shares”) in terms of a
capitalisation issue (“the Capitalisation Issue”) in lieu of a cash dividend (“the Cash Dividend”).

As set out in the announcement, the number of Capitalisation Shares to which Shareholders
participating in the Capitalisation Issue are entitled was determined in the ratio of 14.54127
Capitalisation Shares for every 1 000 Ordinary Shares held. Where a Shareholder`s entitlement to
Capitalisation Shares, calculated in accordance with the above ratio, gave rise to a fraction of a new
Ordinary Share, such fraction of a new Ordinary Share was rounded up to the nearest whole number
where the fraction was greater than or equal to 0,5 and rounded down to the nearest whole number
where the fraction was less than 0,5.

5 579 420 new Ordinary Shares were issued today to Shareholders who elected to receive
Capitalisation Shares in terms of the Capitalisation Issue, resulting in a capitalisation out of the share
premium of the Company (to the extent of the par value of the Capitalisation Shares, being 2,5 cents
each) of R139 485.50 with the balance of the issue price of the Capitalisation Shares having been paid
for through the capitalisation of R95 784 390.25 of distributable profits of the Company. Shareholders
recorded in the register of the Company at the close of business on Friday, 14 June 2013 holding
426 536 615 Ordinary Shares received the gross Cash Dividend of 25 cents per Ordinary Share,
resulting in a total gross cash dividend of R106 634 153.75, which was paid out of the profits of the
Company.

Share certificates, where applicable, were dispatched to certificated Shareholders at their own risk,
and the Cash Dividend payments were made/Central Securities Depository Participant/broker
accounts of dematerialised Shareholders were credited, today.


Midrand
18 June 2013

Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Attorneys
PRINSLOO, TINDLE & ANDROPOULOS INC

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