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

4 October 2021

           NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 28 September 2021, Schroder European Real Estate Investment Trust plc (the
“Company”) announced its third interim dividend for the year ending 30 September 2021
of 1.85 euro cents per share.

The currency exchange rate applicable for the dividend payable in South African cents to
shareholders on the South African register is based on the exchange rate on 4 October
2021 and is set out below:


 Declared dividend             Exchange rate                 Dividend in South African
                                                             cents per share

 1.85 euro cents per share     17.34000                      32.07900


Dividend tax will be withheld from the amount of the gross dividend of 32.07900. South
African cents per share paid to shareholders on the South African register at the rate of
20 per cent unless a shareholder qualifies for exemption.

After the dividend tax has been withheld, the net dividend will be 25.66320 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

Ria Vavakis
Schroder Investment Management Limited                         Tel: 020 7658 2371

Dido Laurimore                                                 Tel: 020 3727 1000
FTI Consulting

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.

JSE Sponsor:
PSG Capital

Date: 04-10-2021 03:00:00
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