DELTA AFRICA PROPERTY HOLDINGS LIMITED - Finalisation Announcement In Respect Of The Interim Dividend Declaration

Finalisation Announcement In Respect Of The Interim Dividend Declaration

DELTA AFRICA PROPERTY HOLDINGS LIMITED
(Registered by continuation in the Republic of Mauritius)
(Registration number 128881 C1/GBL)
JSE share code: DLA
SEM share code: DEL.N0000
ISIN: MU0473N00010
(“Delta Africa” or “Company”)

FINALISATION ANNOUNCEMENT IN RESPECT OF THE INTERIM DIVIDEND DECLARATION

Delta Africa shareholders are referred to the announcement released on the Stock Exchange of Mauritius Ltd (“SEM”) and the
main board of the Johannesburg Stock Exchange (“JSE”) on Thursday, 18 February 2016 relating to the payment of an interim
cash dividend for the period 1 July 2015 to 31 December 2015 (“interim dividend”).

Shareholders on the South African share register will receive the interim dividend in South African Rand (“ZAR”), converted from
United States Dollars (“USD”) at an exchange rate of USD1.00 : ZAR15.47. Accordingly, the interim dividend of 6.17000 USD
cents per share will be equal to 95.4499 ZAR cents per share. The interim dividend will be paid out of rental income.

The salient dates in relation to the interim dividend in terms of the JSE are set out below:

         Finalisation announcement                              Friday, 26 February 2016
         Last day to trade cum-dividend                         Friday, 4 March 2016
         Securities trade ex-dividend                           Monday, 7 March 2016
         Record date                                            Friday, 11 March 2016
         Payment date                                           Monday, 14 March 2016

The salient dates in relation to the interim dividend in terms of the SEM are set out below:

         Last day to trade cum-dividend                         Tuesday, 8 March 2016
         Securities trade ex-dividend                           Wednesday, 9 March 2016
         Record date                                            Friday, 11 March 2016
         Payment date                                           Monday, 14 March 2016

No dematerialisation or rematerialisation of share certificates, nor transfer of shares between sub-registers in Mauritius and
South Africa will take place between Monday, 7 March 2016 and Friday, 11 March 2016, both days inclusive.

In terms of the JSE Listings Requirements regarding Dividends Tax, the following information is only of direct application to
shareholders on the South African share register, as the dividend is regarded as a foreign dividend for shareholders on the South
African register:

-    the interim dividend is subject to South African Dividends Tax;
-    the local dividend tax rate is 15%;
-    there is no withholding tax payable in Mauritius;
-    the gross local interim dividend amount is 95.4499 ZAR cents per share for shareholders exempt from paying South African
     Dividends Tax;
-    the net local interim dividend amount is 81.13242 ZAR cents per share for shareholders liable to pay South African
     Dividends Tax;
-    the number of ordinary shares in issue is 81 785 008; and
-    the Mauritian income tax reference number of the Company is 27331528.

26 February 2016

This notice is issued pursuant to SEM listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers)
Rules 2007.
Delta Africa directors: Sandile Nomvete (chairman), Greg Pearson*, Bronwyn Anne Corbett*, Peter Todd (lead independent),
Maheshwar Doorgakant, Chandra Kumar Gujadhur, Ian Macleod and Leon van de Moortele*
(*executive director)
Company secretary of Delta Africa: Intercontinental Fund Services Limited
Registered address of Delta Africa: Level 5, Alexander House, 35 Cybercity, Ebene, 72201, Mauritius
Transfer secretary (South Africa) of Delta Africa: Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius) of Delta Africa: Intercontinental Secretarial Services Limited
Corporate advisor and JSE Sponsor of Delta Africa: PSG Capital Proprietary Limited
SEM sponsor of Delta Africa: Capital Markets Brokers Limited


The Board of Directors of Delta Africa accepts full responsibility for the accuracy of the information contained in the
announcement.

Date: 26/02/2016 10:08:00 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.