AFRICAN AND OVERSEAS ENTERPRISES LD - Declaration of cash dividends in respect of the ordinary and N ordinary shares - AOO \AON\AOVP

Declaration of cash dividends in respect of the ordinary and “N” ordinary shares - AOO \AON\AOVP

AFRICAN AND 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”)


DECLARATION OF CASH DIVIDENDS IN RESPECT OF THE ORDINARY AND “N” ORDINARY
SHARES


Notice is hereby given that cash dividends of 35 cents per ordinary share and 35 cents per “N” ordinary share have
been declared and will be paid on Monday, 21 December 2015 to all holders of ordinary and “N” ordinary shares
respectively recorded in the register of AOE at close of business on Friday, 18 December 2015.

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

                                                                                                           2015
Last date to trade cum dividends:                                                         Thursday, 10 December
Shares trade ex dividends:                                                                  Friday, 11 December
Record date:                                                                                Friday, 18 December
Payment date:                                                                               Monday, 21 December

Share certificates may not be dematerialised or rematerialised between Friday, 11 December 2015 and Friday, 18
December 2015, both dates inclusive.

Shareholders are advised of the following additional information:
1.    the dividends have been declared out of income reserves;
2.    the local dividends tax rate is 15%;
3.    the gross local dividend amount is 35.00 cents per share for ordinary and “N” ordinary shareholders:
4.    the net local dividend amount for ordinary and “N” ordinary shareholders is:
      4.1.     35.00 cents per share, if exempt from the payment of dividends tax; and
      4.2.     29.75 cents per share, if liable to pay dividends tax;
5.    the issued preference share capital of AOE is 275 000 6% cumulative participating preference shares of R2.00
      each;
6.    the issued ordinary share capital of AOE is 1 250 000 ordinary shares of 50.00 cents each and 10 137 441 “N”
      ordinary shares of 0.25 cents each; and
7.    AOE’s tax reference number is 9010/017/03/7.

26 November 2015


Sponsor
Java Capital

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