ATLANTIC LEAF PROPERTIES LIMITED - Finalisation announcement in respect of the final dividend for the year ended 28 February 2016

Finalisation announcement in respect of the final dividend for the year ended 28 February 2016

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius on 11 November 2013)
(Registration number: 119492 C1/GBL)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
(“Atlantic Leaf”)


FINALISATION ANNOUNCEMENT IN RESPECT OF THE FINAL DIVIDEND FOR THE YEAR ENDED 28 FEBRUARY 2016


Atlantic Leaf shareholders are referred to the final dividend declaration announced on Tuesday, 12 April
2016 and the notice to shareholders published on Wednesday, 20 April 2016 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 GBP1.00:ZAR21.0878. Accordingly, the cash dividend of 4.00 GBP cents per
share will be equal to 84.35120 ZAR cents per share.

Shareholders who elect to receive the share distribution instead of the cash dividend will be entitled to 3.704
new Atlantic Leaf shares for every 100 Atlantic Leaf shares held by the shareholder at the record date, being
Friday, 13 May 2016.

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 84.35120 ZAR cents per share for shareholders exempt
from paying South African dividends tax. The net local dividend amount is 71.69852 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 Wednesday, 20 April 2016 remain unchanged.

Atlantic Leaf is listed on the Official List of the SEM and the Alternative Exchange of the JSE Limited.

By order of the board

For further information please contact:

South African corporate advisor
Leaf Capital                                                +27 21 657 1180

JSE sponsor
Java Capital                                                +27 11 722 3050

Corporate secretary
Intercontinental Trust Limited                              +230 403 0800

28 April 2016

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: 28/04/2016 10:00:00 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.