INTU PROPERTIES PLC - Confirmation of Dividend Payment Date and Offer of Scrip Dividend Alternative

Confirmation of Dividend Payment Date and Offer of Scrip Dividend Alternative

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU

24 MARCH 2015

INTU PROPERTIES PLC (the “Company”)
CONFIRMATION OF DIVIDEND PAYMENT DATE AND OFFER OF SCRIP
DIVIDEND ALTERNATIVE TO THE CASH 2014 FINAL DIVIDEND

On 27 February 2015, the Directors proposed a final dividend for 2014 of 9.1 pence
per share (the “Dividend”). We are pleased to announce that the Dividend will be paid
on 28 May 2015, subject to approval of the shareholders at the Company’s AGM to
be held on 6 May 2015. A scrip dividend alternative is being offered follows:

    -   If taken in cash, the Dividend will be paid wholly as a Property Income
        Distribution (PID) which will be subject to deduction of a 20 per cent UK
        withholding tax unless exemptions apply.
    -   Shareholders who make an election to receive shares will receive shares
        based on the full 9.1 pence being paid as a non-PID which will be treated as
        an ordinary UK company dividend.

Shareholders will receive the Dividend in cash unless they elect to receive
shares instead. A full description of the terms of the Scheme are contained in the
Scrip Dividend Booklet which is available for viewing or download from the
Company’s website at intugroup.co.uk. Hard copies can be requested via the website
or by contacting the Company (email feedback@intu.co.uk or telephone +44 (0)20
7960 1406).

Election forms for the Scrip Dividend will be posted to certificated shareholders as
soon as practicable. Further forms for certificated shareholders will be available from
27 March 2015 onwards from our Registrars:

UK Shareholders:
Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3
4TU (Tel: 0871 664 0300 (calls cost 10p per minute plus network extras), or +44 20 8
639 3399, if calling from outside UK).

SA Shareholders:
Computershare Investor Services (Pty) Ltd., 70 Marshall Street, Johannesburg 2001,
South Africa (postal address: PO Box 61763, Marshalltown 2107, South Africa)
(Tel: +27 (0)11 370 5000).

or by download from http://www.intugroup.co.uk/investors/shareholders-
bondholders/dividends/2014-final-dividend/

Shareholders holding their shares in dematerialised form through CREST in the UK
or Strate in SA and who wish to make a scrip election should contact their CREST
service provider, CSDP, Broker or Nominee as applicable. Additional information is
contained in the Booklet.

A timetable of events in relation to the Dividend is set out below. The events shown
in italics apply specifically to the scrip alternative to the Dividend.

Confirmation and timetable of scrip alternative                   Tuesday 24 March 2015
announced
Scrip price calculation period – average of five dealing       24 March – 30 March 2015
dates on each exchange                                                        inclusive
Currency Conversion Date (sterling/Rand)                          Tuesday 31 March 2015
Sterling/Rand conversion rate and dividend amount in             Wednesday 1 April 2015
SA currency announced
Scrip price and scrip ratio announced                                      1 April 2015
Ex-dividend date (SA)                                              Monday 13 April 2015
Ex-dividend date (UK)                                            Thursday 16 April 2015
Record Date (both UK and SA)                                       Friday 17 April 2015
Last date for receipt of Tax Exemption Declaration                 Friday 17 April 2015
Forms to permit dividend to be paid gross (UK
Shareholders only)
Election Date for scrip alternative (SA) (by noon)                 Friday 17 April 2015
Election Date for scrip alternative (UK)(by close of               Friday 24 April 2015
business)
Dividend payment date (UK & SA)                                    Thursday 28 May 2015
CREST (UK register) and CSDP (SA register)                         Thursday 28 May 2015
accounts credited and share certificates issued to
certificated shareholders
First day of dealings and admission to the official list           Thursday 28 May 2015
of the UK Listing Authority and the JSE for New
Ordinary Shares under the Scrip Dividend Scheme

  SA Shareholders should note that, in accordance with the requirements of Strate, the
  last day to trade cum-dividend will be 10 April 2015 and that no dematerialisation or
  rematerialisation of shares will be possible from 13 April to 17 April 2015 inclusive.
  No transfers between the UK and South African registers may take place from 31
  March to 19 April 2015 (both days inclusive).


  Susan Marsden
  Group Company Secretary
  24 March 2015

  Sponsor:
  Merrill Lynch South Africa (Pty) Limited

Date: 24/03/2015 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.