SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Notice of Dividend Currency Exchange Rate (South African Rand)

Notice of Dividend Currency Exchange Rate (South African Rand)

Schroder European Real Estate Investment Trust plc
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77
(the “Company”)

        NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 6 December 2022, Schroder European Real Estate Investment Trust plc (the “Company”)
announced its fourth interim dividend for the year ending 30 September 2022 of 1.85 euro cents per
share.

The currency exchange rate applicable for the combined interim dividend payable in South African cents
to shareholders on the South African register is based on the exchange rate on 12 December 2022 and
is set out below:

 Declared dividend              Exchange rate       Dividend in South African cents per share
 1.85 euro cents per share      18.32500            33.90125

Dividend tax will be withheld from the amount of the gross dividend of 33.90125. South African cents
per share paid to shareholders on the South African register at the rate of 20 percent unless a
shareholder qualifies for exemption.

After the dividend tax has been withheld, the net dividend will be 27.12100 South African cents per
share.

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.


Enquiries:

Jeff O’Dwyer
Schroder Real Estate Investment Management Limited              Tel: 020 7658 6000

Shilla Pindoria/Ria Vavakis
Schroder Investment Management Limited                          Tel: 020 7658 7267

Dido Laurimore
FTI Consulting                                                  Tel: 020 3727 1000

Shareholders on the South African branch register should direct any questions regarding the application
of the dividend tax to the Company’s Transfer Secretary:

Computershare Investor Services (Pty) Limited
Rosebank Towers, 15 Biermann Avenue
Rosebank, 2196, South Africa
Postal Address - Private Bag X9000
Saxonwold, 2132.
Telephone +27 11 373 0033
Facsimile +27 11 688 5218
Email enquiries: web.queries@computershare.co.za

The Company has a primary listing on the London Stock Exchange and a secondary listing on the
JSE Limited.
London
12 December 2022

JSE Sponsor:
PSG Capital

Date: 12-12-2022 04:00:00
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