Unaudited Interim Results for the six months ended 31st December 2019 and interim dividend declaration London Finance & Investment Group P.L.C. (Incorporated in England with registered number 201151) LSE code: LFI JSE code: LNF ISIN: GB0002994001 (the ‘Company’) Unaudited Interim Results for the six months ended 31st December 2019 and interim dividend declaration Introduction to the Company London Finance & Investment Group PLC. (LSE: LFI, JSE: LNF), the investment company whose assets primarily consist of Strategic Investments and a General Portfolio, today announces its unaudited Interim Results for the 6 months ended 31 December 2019 and the Board’s Dividend Declaration. Interim Dividend The Board recommends an interim gross dividend of 0.55p per share (10.73127 SA cents) (2018: 0.55p) which will be paid on Friday 3 April 2020 to those members registered at the close of business on Friday 13 March 2020 (SA and UK). Shareholders on the South African register will receive their dividend in SA Rand converted from sterling at the closing rate of exchange on Tuesday, 18 February 2020, being GBP 1 = SA Rand 19.5114. JSE Disclosure Requirements In respect of the normal gross cash dividend, and in terms of the South African Tax Act, the following dividend tax ruling only applies to those shareholders who are registered on the South African register on Friday, 13 March 2020. All other shareholders are exempt. • The number of shares in issue now and as at the interim dividend declaration date is 31,207,479; • The interim gross dividend is 10.73127 SA cents; • The interim net dividend is 8.58502 SA cents; • The dividend has been declared from income reserves, which funds are sourced from the Company’s main bank account in London and is regarded as a foreign dividend by South African shareholders; and • The Company’s UK Income Tax reference number is 948/L32120. Dividend dates: Last day to trade (SA) Tuesday 10 March 2020 Shares trade ex-dividend (SA) Wednesday 11 March 2020 Shares trade ex-dividend (UK) Thursday 12 March 2020 Record date (SA and UK) Friday 13 March 2020 Dividend Payment date Friday 3 April 2020 The JSE Listing Requirements require disclosure of additional information in relation to any dividend payments. Shareholders registered on the South African register are advised that the dividend withholding tax will be withheld from the gross final dividend amount of 10.73127 SA cents per share at a rate of 20% unless a shareholder qualifies for an exemption; shareholders registered on the South African register who do not qualify for an exemption will therefore receive a net dividend of 8.58502 SA cents per share. The dividend withholding tax and the information contained in this paragraph is only of direct application to shareholders registered on the South African register, who should direct any questions about the application of the dividend withholding tax to Computershare Investor Services (Pty) Limited, Tel: +27 11 370 5000 Share certificates may not be de-materialised or re-materialised between Wednesday 11 March 2020 and Friday 13 March 2020, both dates inclusive. Shares may not be transferred between the registers in London and South Africa during this period either. Full Announcement This short-form announcement is the responsibility of the Directors of the Company and is a summary of the information in the full announcement which is available for viewing on the following website: JSE website: https://senspdf.jse.co.za/documents/2020/jse/isse/lojm/2020lonfin.pdf Any investment decision by investors and/or shareholders should be based on consideration of the full announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on work-days during business hours, at no charge: On behalf of the Board United Kingdom 24 February 2020 Date: 24-02-2020 09:02:00 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.