ECSPONENT LIMITED - Monthly preference share dividend finalisation announcement and correction to number of class c preference shares

Monthly preference share dividend finalisation announcement and correction to number of class c preference shares

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
(“the Company” or “Ecsponent”)


               Ecsponent Pref Share A                                    Ecsponent Pref Share C
                  JSE Code: ECSP1                                           JSE Code: ECSP3
                 ISIN: ZAE000196317                                        ISIN: ZAE000196291
       (“Series 1 Class A Preference Shares”)                    (“Series 1 Class C Preference Shares”)

               Ecsponent Pref Share A2                                   Ecsponent Pref Share C2
                  JSE Code: ECSP4                                           JSE Code: ECSP6
                 ISIN: ZAE000202495                                        ISIN: ZAE000202511
       (“Series 2 Class A Preference Shares”)                    (“Series 2 Class C Preference Shares”)

     (collectively “Class A Preference Shares”)                (collectively “Class C Preference Shares”)

SEPTEMBER 2015 MONTHLY PREFERENCE SHARE DIVIDEND FINALISATION ANNOUNCEMENT AND
CORRECTION TO NUMBER OF CLASS C PREFERENCE SHARES LISTED

Further to the announcement released by the Company on 10 March 2015, holders of Class A Preference
Shares and holders of Class C Preference Shares are hereby advised that the dividend per share amount, to be
paid on 14 September 2015, has been finalised.

Notice is hereby given that the following preference dividends have been declared in respect of the period
commencing on 7 August 2015 and ending on the date dividends start trading ex-dividend, being 7 September
2015:
     -    in respect of the Class A Preference Shares, a dividend at the rate of 10% per annum; and
     -    in respect of the Class C Preference Shares, a dividend at the rate of 13.5% per annum (being the
          prime rate plus 4%),
the per share amounts of which have been disclosed below.

Relevant dates in relation to this dividend payment are set out below:
  Last day to trade to appear in the register on Record Date                         Friday, 04 September 2015
  Preference shares start trading ex-dividend                                        Monday, 07 September 2015
  Record Date                                                                        Friday, 11 September 2015
  Payment Date                                                                       Monday, 14 September 2015

In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised
between the dates that dividends start trading ex-dividend and the Record Dates.

In terms of the Listings Requirements of the JSE, the following additional information is provided:
1. The dividends have been declared from income reserves;
2. The dividend withholding tax rate is 15%;
3. No Secondary Tax on Companies (“STC”) credits have been utilised;
4. The gross local dividend amounts and the net local dividend amount payable to Preference Shareholders
     that are subject to dividends withholding tax is set out below:

                                                Class A Preference Share               Class C Preference Share
                                                 (Series 1 and Series 2)                (Series 1 and Series 2)

 Gross local dividend amount                                     84.93151                            114.65753
 (cents per share)
 Net local dividend amount                                       72.19178                             97.45890
 (cents per share)


De-listing of Class C Preference Shares (Series 2)
Shareholders are notified that 3,000 Series 2 Class C Preference Shares were listed in duplicate in the previous
month, and will be de-listed with effect from 21 August 2015.

5.   The issued preference share capital in respect of the Series 1 Class A Preference Shares and the Series 1
     Class C Preference Shares is as follows as at the date of this announcement:
     5.1. 61 332 Series 1 Class A Preference Shares (ISIN ZAE000196317) with a total issued capital of
          R5 420 099.12; and
     5.2. 247 100 Series 1 Class C Preference Shares (ISIN ZAE000196291) with a total issued capital of
          R24,710,000.

6.   The issued preference share capital in respect of the Series 2 Class A Preference Shares and the Series 2
     Class C Preference Shares is as follows as at the date of this announcement (taking into account the de-
     listing of 3,000 Class C Preference Shares, as noted above) :
     6.1. 166,196 Series 2 Class A Preference Shares (ISIN ZAE000202495) with a total issued capital of
            R 15 868 000; and
     6.2. 46,050 Series 2 Class C Preference Shares (ISIN ZAE000202511) with a total issued capital of
            R 46 405 000.

7.   The Company intends to issue additional Preference Shares prior to the last day to trade date.

8.   Ecsponent’s income tax number is 9235/264/84/4.


Pretoria
21 August 2015


Sponsor
Questco Proprietary Limited

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