date in respect of the interim dividend for the six months ended 31 August 2015 Atlantic Leaf Properties Limited (Incorporated in the Republic of Mauritius) (Registration number: 119492 C1/GBL) SEM share code: “ALPL.N0000” JSE share code: “ALP” ISIN: “MU0422N00009” (“Atlantic Leaf” or “the company”) UPDATE IN RESPECT OF THE INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 31 AUGUST 2015 Atlantic Leaf shareholders are referred to the interim dividend declaration announced on Thursday, 13 October 2015 and the notice to shareholders announced on Friday, 27 November 2015 and are advised that shareholders on the South African share register will receive their cash dividend in ZAR, converted from GBP at an exchange rate of GBP 1.00: ZAR 21.7474. Accordingly, the cash dividend of 3.00 GBP pence per share will be equal to 65.24220 ZAR cents per share. Shareholders who elect to receive the share distribution instead of the cash dividend will be entitled to 2.778 new Atlantic Leaf shares for every 100 Atlantic Leaf shares held by the shareholder at the record date, being Friday, 18 December 2015. The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is 65.24220 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is 55.45587 ZAR cents per share for shareholders liable to pay dividends tax at the rate of 15%. There is no withholding tax payable in Mauritius. The salient dates and times announced on Friday, 27 November 2015 remain unchanged. Atlantic Leaf is listed on the Official List of the Stock Exchange of Mauritius Ltd and the Alternative Exchange of the JSE Limited. By order of the board For further information please contact: South African corporate advisor +27 21 657 1180 Leaf Capital JSE sponsor +27 11 722 3050 Java Capital Corporate secretary +230 403 0800 Intercontinental Trust Limited 3 December 2015 This notice is issued pursuant to JSE Listings Requirements and SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Directors of Atlantic Leaf Properties Limited accepts full responsibility for the accuracy of the information contained in this announcement. Date: 03/12/2015 11:00:00 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.