SOUTHERN VIEW FINANCE LTD - Declaration Of Cash Dividend Approval Of Share Premium Reduction

Declaration Of Cash Dividend – Approval Of Share Premium Reduction

SOUTHERN VIEW FINANCE LIMITED

(Incorporated in Bermuda with registration number 47305)
Class A share codes: BSX: SVF.BH               JSE: SVF                  ISIN: BMG829251013
Class B share codes: BSX: SVFB.BH              JSE: SVFB                 ISIN: BMG829251195

("SVF" or "the Company")


 DECLARATION OF CASH DIVIDEND – APPROVAL OF SHARE PREMIUM REDUCTION

Shareholders are referred to the announcement issued by SVF on 17 September 2015 (“17 September
Announcement”) regarding the declaration and payment of a cash dividend to Class A shareholders and
Class B shareholders, respectively.

SVF confirms that Class A shareholders holding more than 50% of the Class A shares and Class B
shareholders holding more than 50% of the Class B shares of SVF have voted in favour of a resolution to
reduce SVF’s share premium account by an amount of R37,000,000 and immediately thereafter to transfer
such amount to the credit of SVF’s contributed surplus account. Subsequent to the aforesaid reduction,
SVF’s share premium account shall be an amount of ZAR1,291,532,183.

In the circumstances, SVF confirms that the dividend referred to in paragraph 1(a) of the 17 September
Announcement is declared and will be paid to Class A shareholders, and not the alternative dividend
referred to in paragraph 1(b) of the 17 September Announcement. For the avoidance of doubt, this means
that a final dividend of R0.57026 per Class A share will be paid to Class A Shareholders for the 12 months
ended 30 June 2015, which equates to a dividend of US$0.04235 per Class A share at an exchange rate
of 1US$: R13.4655 prevailing on 15 September 2015.

The detail of the dividend declared in respect of the Class B Shares is detailed in the
17 September Announcement.

The corporate action timeline detailed in the 17 September Announcement remains applicable.
SVF has a primary listing on the BSX and a secondary listing on the JSE’s Alternative Exchange.

18 September 2015
Hamilton / Johannesburg
BSX sponsor: Global Custody and Clearing Limited
JSE sponsor: KPMG Services (Proprietary) Limited

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