AFRICAN AND OVERSEAS ENTERPRISES LD - Declaration of dividend numbers 158 and 159 in the 6% cumulative participating preference shares

Declaration of dividend numbers 158 and 159 in the 6% cumulative participating preference shares

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”)


DECLARATION OF DIVIDEND NUMBERS 158 AND 159 ON THE 6% CUMULATIVE PARTICIPATING PREFERENCE SHARES


Notice is hereby given that cash dividend no. 158 on the 6% cumulative participating preference shares
(“preference shares”) for the six months ending 31 December 2013 at the rate of 6% per annum (6.00
cents per preference share), together with cash dividend no. 159 on the preference shares for the six
months ending 31 December 2013 being the participation dividend of 27% (54.00 cents per preference
share) will be paid on Monday, 13 January 2014 to all holders of preference shares (“preference
shareholders”) recorded in the register of the company at close of business on Friday, 10 January 2013.

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

                                                                                                   2014
Last date to trade cum dividend:                                                      Friday, 3 January
Shares trade ex dividend:                                                             Monday, 6 January
Record date:                                                                         Friday, 10 January
Payment Date:                                                                        Monday, 13 January

Share certificates may not be dematerialised or rematerialised between Monday, 6 January 2014 and
Friday, 10 January 2014, 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.     there are no secondary tax on companies credits utilised against the dividend;
4.     the gross local dividend amount is 60.00 cents per preference share for preference shareholders;
5.     the net local dividend amount for preference shareholders:
       5.1.      exempt from dividends tax is 60.00 cents per preference share; and
       5.2.      liable to pay dividends tax is 51.00 cents per preference share;
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.

13 December 2013


Sponsor
Java Capital

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