Dividend amendment announcement - SHPIHH INVESTEC WARRANTS JSE SHARE CODE: SHPIHH JSE ISIN CODE: ZAE000232559 AMENDMENT ANNOUNCEMENT REGARDING THE DECLARED INTERIM DIVIDEND ANNOUNCEMENT ON SHOPRITE HOLDINGS LIMITED HOT ENHANCED DIVIDEND SECURITIES –“SHPIHH” With reference to the Minister of Finance’s 2017 budget speech, the holders of SHPIHH are advised that the dividend withholding tax has been increased from 15% to 20% effective as of 22 February 2017. Accordingly, the Directors of Shoprite Holdings Limited have declared an interim dividend of 180 cents per ordinary share payable on Monday, 20 March 2017, to ordinary shareholders and recorded in the books of the company at the close of business on Friday, 17 March 2017. In terms of the Dividend Tax effective 22 February 2017, the following additional information is disclosed: 1) local dividend tax rate is 20%; 2) net local dividend amount is 144 cents per share for shareholders liable to pay the new Dividends Tax and 180 cents per share for shareholders exempt from paying the new Dividends Tax; and 3) the issued share capital of Shoprite Holdings Limited is 574 453 281 ordinary shares; and 4) Shoprite Holdings tax reference number is 9775/112/71/8; and 5) Investec Bank Limited tax reference number is 9675/053/71/5. The holders of SHPIHH will receive a Shoprite Holdings Limited dividend amount per security on Monday, 20 March 2017, in terms of the Cession clause incorporated in the Supplement between the holders and Investec Bank Limited. The last day to trade (“cum” the dividend) in order to participate in the dividend will be Tuesday, 14 March 2017. SHPIHH Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of business on Wednesday, 15 March 2017, and the record date will be Friday, 17 March 2017. 24 February 2017 Copies of the offering circular may be obtained from: Investec Bank Limited 100 Grayston Drive Sandown Sandton 2196 For further information contact: Investec Warrants Tel.: 0860 103 343 E-mail: warrants@investec.co.za Internet: www.investec.com Sponsor Investec Securities Proprietary Limited Member of the JSE Registration number. 1972/008905/07) Date: 24/02/2017 04:27:00 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.