NEW BOND CAPITAL LIMITED - Dividend Declaration And Change To The Board Of Directors

Dividend Declaration And Change To The Board Of Directors

New Bond Capital Limited
(Previously Mvelaphanda Group Limited)
Incorporated in the Republic of South Africa)
Registration number 1995/004153/06
Share code: NBC
ISIN: ZAE000170726
(“New Bond Capital” or “the Company”)

DIVIDEND DECLARATION AND CHANGE TO THE BOARD OF DIRECTORS

DIVIDEND DECLARATION
Shareholders are hereby advised that the directors have declared a
gross dividend of 211 cents per ordinary share. The dividend
represents approximately 93% of the remaining net asset value of
the Company and brings the total distributions to shareholders
during the year to approximately 346 cents per share including the
unbundling of Times Media Group Limited at R13.50 per share,
representing 95.7% of the group’s net asset value. The dividend
largely concludes the stated realisation and unbundling strategy
begun by the Company in 2009. The Company has a long operating
history therefore the remainder of the funds in the Company will
be used in the complex and lengthy task of settling outstanding
liabilities and unwinding structures in the various group
subsidiaries and to fund on going administrative expenses while
this task continues. Given the nature of this process, the
directors are unable to determine the timing of its completion.

Last day to trade cum dividend          Friday,   4 January 2013
Trading ex-dividend commences           Monday,   7 January 2013
Record date                             Friday,   11 January 2013
Payment date                            Monday,   14 January 2013

Share certificates may not be dematerialised or rematerialised
between Monday, 7 January 2013 and Friday, 11 January 2013, both
days inclusive.

In terms of the new Dividends Tax effective from 1 April 2012, and
the amendments to section 11.17 of the JSE Listings Requirements,
the following additional information is disclosed:
   1) The local dividend tax rate is 15%.
   2) The total credits for secondary tax on companies utilised as
         part of this declaration amount to R692 093 379 or
         132.91382 cents per ordinary share. Accordingly the net
         dividend amounts to 199.28707 cents per share.
   3) The issued ordinary share capital of New Bond is currently
         520 708 365.
   4) New Bond's tax reference number is 9215/641/84/7.


CHANGE TO THE BOARD OF DIRECTORS

In compliance with section 3.59(b) of the Listings Requirements of
the JSE Limited, notification is hereby given that Mr Kuseni
Dlamini and Mr Oyama Mabandla have resigned as directors of the
Company with immediate effect.

The board wishes to thank both Mr Kuseni Dlamini and Mr Oyama
Mabandla for their insight, contributions and years of loyal
service to the board and Company during their tenure. Both Mr
Dlamini and Mr Mabandla played an integral role in the
implementation of the realisation and unbundling strategy begun by
the Company and now that the realisation and unbundling strategy
is completed, they have elected to step off the board.



5 December 2012
Johannesburg

Sponsor
PSG Capital

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