GRIT REAL ESTATE INCOME GROUP LIMITED - Announcement In Respect Of The Final Dividend Currency Exchange Rate (South African Rand)

Announcement In Respect Of The Final Dividend Currency Exchange Rate (South African Rand)

GRIT REAL ESTATE INCOME GROUP LIMITED
(previously known as Mara Delta Property Holdings Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: GTR
ISIN: MU0473N00036
(“Grit” or “the Company”)


         ANNOUNCEMENT IN RESPECT OF THE FINAL DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

Grit shareholders are referred to the announcement released on the Stock Exchange of Mauritius Ltd (“SEM”) and the JSE Limited
(“JSE”) on Thursday, 8 February 2018, relating to the payment of a cash dividend for the six months ended 31 December 2017
(“interim dividend”).

Shareholders on the South African share register will receive the final dividend in South African Rand (“ZAR”), converted from
United States Dollars (“USD”) at an exchange rate of USD1.00: ZAR11.79000. Accordingly, the final dividend of US$6.07000 cents
per share will be equal to ZAR 71.56530 cents per share.

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 gross local final dividend amount is ZAR71.56530 cents per share for shareholders exempt from paying South African
      Dividends Tax; and
-     the net local final dividend amount is ZAR57.25224 cents per share for shareholders liable to pay South African Dividends
      Tax.

A dividend withholding tax will be applicable to shareholders who are not exempt.

For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only of direct
application to shareholders on the South African register.

By order of the Board

20 February 2018

JSE sponsor and corporate advisor to Grit: PSG Capital
SEM authorised representative and sponsor to Grit: Perigeum Capital

Directors: Sandile Nomvete (chairman), Bronwyn Corbett*, Peter Todd (lead independent), Chandra Gujadhur, Ian Macleod, Leon
van de Moortele*, Matshepo More, Nomzamo Radebe, Catherine Mcllraith and Maheshwar Doorgakant# (*executive director)
(#alternate to Mr Gujadhur)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebène 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
Transaction advisor and JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: Axys Stockbrokering Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The board of directors of the Company accepts full responsibility for the accuracy of
the information contained in this communiqué.

Date: 20/02/2018 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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