CULLINAN HOLDINGS LIMITED - Declaration of Interim Divided

Declaration of Interim Divided

CULLINAN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1902/001808/06)
Share Code: CUL          ISIN: ZAE000013710
Share code: CULP         ISIN: ZAE000001947
(“the company”)


DECLARATION OF INTERIM DIVIDEND


The Board is pleased to announce the declaration of an interim dividend (dividend number 139)
of 1 cent per ordinary share in respect of the six months ended 31 March 2017.

The dividend will be subject to the Dividends Tax that was introduced with effect from 1 April 2012.
In accordance with the provisions of the Listings Requirements of the Johannesburg Stock
Exchange, the following additional information is disclosed:

   -   the dividend has been declared out of income reserves;
   -   local dividends tax rate is 20%;
   -   Cullinan has 803 338 385 shares in issue;
   -   the gross local dividend amount is 1 cent per ordinary share;
   -   the net dividend amount is 1 cent less 20% per share for shareholders liable for dividends
       tax (0.8 cents per share); and
   -   Cullinan’s income tax reference number is 9130 002 60 4

The salient dates for the dividend will be as follows:

Last day to trade cum dividend                                                Tuesday, 27 June 2017
Shares trade ex-dividend                                                    Wednesday, 28 June 2017
Record date                                                                     Friday, 30 June 2017
Payment date                                                                    Monday, 3 July 2017

Share certificates may not be dematerialized or rematerialized between, Wednesday, 28 June
2017 and Friday, 30 June 2017, both days inclusive.


By order of the board.

Johannesburg
06 June 2017

                                             Sponsor
                             Arbor Capital Sponsors Proprietary Limited

Date: 06/06/2017 05:36:00 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.