Update in Respect of the Distribution for the Six Months Ended 30 June 2013
Posted on: 6 September 2013
NEPI shareholders are referred to the distribution declaration announced on 28 August 2013 and are advised that shareholders on the South African share register will receive their cash dividend in South African Rand converted from Euro at an exchange rate of EUR1.00 : ZAR13.36. Accordingly, the cash dividend of 12.93 Euro cents per share will be equal to 172.74480 ZAR cents per share.
Shareholders who elect to receive new NEPI shares (“new NEPI shares”) instead of the cash dividend will be entitled to 2.694 new NEPI shares for every 100 NEPI shares held by the shareholder at the record date, being Friday, 20 September 2013.
Dividend tax and therefore the information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local dividend amount is 172.74480 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local divided amount is 146.83308 ZAR cents per share for shareholders liable to pay the dividend tax rate of 15%. As the company is not a South African registered company, it does not have any STC credits available for set-off against the dividend tax liability and there is no withholding tax payable in the Isle of Man.