YEBOYETHU (RF) LIMITED - Interim results for the six months ended 30 September 2023 and dividend declaration

Interim results for the six months ended 30 September 2023 and dividend declaration

YeboYethu (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2008/014734/06)
Share code: YYLBEE
ISIN: ZAE000218483
("YeboYethu" or the "company")


Interim results for the six months ended 30 September 2023 and dividend declaration

Shareholders are advised that YeboYethu's results and reviewed condensed consolidated interim financial
statements for the six months ended 30 September 2023 are available on YeboYethu's website at
www.yeboyethu.co.za. The salient features include:

             •   Dividends received from Vodacom of R377.7 million;
             •   Loss on remeasurement on financial instrument of R1 863.3 million for the period resulting from the
                 Vodacom share price decreasing from R122.04 as at 31 March 2023 to R105.76 as at 30 September 2023;
             •   Finance costs of R353.8 million incurred during the current financial period;
             •   Reduction in debt of R314.8 million with R288.3 million planned subsequent to period end from the
                 dividend distribution from Vodacom;
             •   Basic loss per share of 2 748 cents;
             •   Declared an interim dividend of 92 cents per share.

YeboYethu's only material investment is its investment in Vodacom Group Limited ('Vodacom'). Shareholders
are advised that Vodacom has released its interim results for the six months ended 30 September 2023 on
SENS and is available for download on the Vodacom website hosted at www.vodacom.com

Declaration of interim dividend No. 22 - payable from income reserves

Notice is hereby given that a gross interim dividend No. 22 of 92 cents per ordinary share in respect of the
six months ended 30 September 2023 has been declared payable on Monday 18 December 2023 to
shareholders recorded in the register at the close of business on Thursday 14 December 2023. The number
of ordinary shares in issue at the date of this declaration is 52 915 960. The ordinary dividend will be subject
to a local dividend withholding tax rate of 20%. Accordingly, for those shareholders not exempt from paying
dividend withholding tax, the net ordinary dividend will 73.60000 cents per ordinary share.

             Last day to trade shares cum dividend            Monday 11 December 2023
             Shares commence trading ex-dividend              Tuesday 12 December 2023
             Record date                                      Thursday 14 December 2023
             Payment date                                     Monday 18 December 2023

Share certificates may not be dematerialised or rematerialised between Tuesday 12 December 2023 and
Thursday 14 December 2023, both days inclusive.

On Monday 18 December 2023, the interim dividend will be electronically transferred into the bank accounts
of all certificated shareholders where this facility is available. Shareholders who hold dematerialised shares
will have their accounts at their CSDP or broker credited on Monday 18 December 2023.

YeboYethu (RF) Limited tax reference number is 9087475175.

Midrand

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

27 November 20223




C2 General

Date: 27-11-2023 07:15:00
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