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AFRICAN AND OVERSEAS ENTERPRISES LD - Salient dates of dividend declaration

Release Date: 18/11/2013 15:53
Code(s): AOO AOVP AON     PDF:  
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Salient dates of dividend declaration

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


SALIENT DATES OF DIVIDEND DECLARATION


Shareholders are advised that at the annual general meeting convened on Thursday, 14 November 2013,
shareholders approved dividend number 61 of 35 cents per ordinary share and dividend number 19 of 35 cents
per “N” ordinary share for the year ended 30 June 2013.

The salient dates of the ordinary and “N” ordinary share dividend are as follows:

                                                                                          2013
Last date to trade cum dividend:                                            Friday, 6 December
Shares trade ex dividend:                                                   Monday, 9 December
Record date:                                                                Friday, 13 December
Payment Date:                                                               Tuesday , 17 December

Share certificates may not be dematerialised or rematerialised between Monday, 9 December 2013 and Friday,
13 December 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.     the company has utilised secondary tax on companies credits amounting to 29.47 cents per share in
          respect of the ordinary and “N” ordinary shares;
    4.    the gross local dividend amount is 35.00 cents per share for ordinary and “N” ordinary shareholders;
    5.    if exempt from the payment of dividends tax, the net local dividend amount for ordinary and “N”
          ordinary shareholders is 35.00 cents per share;
    6.    if liable to pay dividends tax, as a result of the utilisation of secondary tax on companies credits the
          net local dividend amount for ordinary and “N” ordinary shareholders is 34.1705 cents per share;
    7.    the issued preference share capital of the company is 275 000 6% cumulative participating preference
          shares of R2.00 each;
    8.    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
    9.    the company’s tax reference number is 9010/017/03/7.


18 November 2013


Sponsor

Java Capital

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