GNDE - GRINDROD LIMITED - Preference dividend

27/02/2018 12:13:00

GND GNDP 201802270037A
Preference dividend

Grindrod Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/009846/06)
Share code: GND & GNDP
ISIN: ZAE000072328 & ZAE000071106
(“Grindrod” or “the Company”)


Notice is hereby given that a gross final dividend of 456.0 cents per cumulative, non-redeemable,
non-participating and non-convertible preference share (2016: 466.0 cents) is declared out of income
reserves for the year ending 31 December 2017, payable to preference shareholders in accordance
with the timetable below.

As at 27 February 2018, there are 7 400 000 cumulative, non-redeemable, non-participating and
non-convertible preference shares in issue. The final net preference dividend is 364.80000 cents per
share for preference shareholders who are not exempt from dividend tax.

With respect to the preference dividend, in terms of the dividends tax effective since
22 February 2017, the following additional information is disclosed:

The local dividends tax rate is 20 per cent; and
Grindrod Limited's tax reference number is 9435/490/71/0.


Dividend declaration and finalisation date Tuesday, 27 February 2018
Last date to trade cum dividend Tuesday, 13 March 2018
Securities start trading ex dividend Wednesday, 14 March 2018
Record date Friday, 16 March 2018
Payment date Monday, 19 March 2018
No dematerialisation or rematerialisation of shares will be allowed for the period Wednesday,
14 March 2018 to Friday, 16 March 2018, both days inclusive.

The dividend is declared in the currency of the Republic of South Africa.

By order of the board
27 February 2018
Sponsor: Grindrod Bank Limited

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