FINAL October 2019 monthly preference share dividend declaration and finalisation announcement ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 Debt Issuer Code: ECSD (“the Company” or “Ecsponent”) Class A Preference Shares Series Number JSE Code ISIN Ecsponent Pref Share A2 2 ECSP4 ZAE000202495 Ecsponent Pref Share A3 3 ECSP7 ZAE000210480 Ecsponent Pref Share A4 4 ECSP10 ZAE000217196 Ecsponent Pref Share A5 5 ECSP13 ZAE000244844 Class C Preference Shares JSE Code ISIN Ecsponent Pref Share C2 2 ECSP6 ZAE000202511 Ecsponent Pref Share C3 3 ECSP9 ZAE000210506 Ecsponent Pref Share C4 4 ECSP12 ZAE000218525 Ecsponent Pref Share C5 5 ECSP15 ZAE000222501 Ecsponent Pref Share C6 6 ECSP18 ZAE000231205 Ecsponent Pref Share C7 7 ECSP21 ZAE000241725 Ecsponent Pref Share C8 8 ECSP24 ZAE000246757 Class D Preference Shares JSE Code ISIN Ecsponent Pref Share D1 1 ECSD1 ZAE000250148 Ecsponent Pref Share D2 2 ECSD2 ZAE000254389 Ecsponent Pref Share D3 3 ECSD3 ZAE000258851 Ecsponent Pref Share D4 4 ECSD4 ZAE000263265 Ecsponent Pref Share D5 5 ECSD5 ZAE000268389 Ecsponent Pref Share D6 6 ECSD6 ZAE000273140 Ecsponent Pref Share D7 7 ECSD7 ZAE000277620 Class E Preference Shares JSE Code ISIN Ecsponent Pref Share E1 1 ECSE1 ZAE000250155 Ecsponent Pref Share E2 2 ECSE2 ZAE000254397 Ecsponent Pref Share E3 3 ECSE3 ZAE000258869 Ecsponent Pref Share E4 4 ECSE4 ZAE000263281 Ecsponent Pref Share E5 5 ECSE5 ZAE000268363 Ecsponent Pref Share E6 6 ECSE6 ZAE000273132 Class G Preference Shares JSE Code ISIN Ecsponent Pref Share G1 1 ECSG1 ZAE000250163 Ecsponent Pref Share G2 2 ECSG2 ZAE000258877 Ecsponent Pref Share G3 3 ECSG3 ZAE000263307 Ecsponent Pref Share G4 4 ECSG4 ZAE000273124 FINAL OCTOBER 2019 MONTHLY PREFERENCE SHARE DIVIDEND DECLARATION AND FINALISATION ANNOUNCEMENT Holders of Class A, Class C, Class D, Class E and Class G Preference Shares are referred to the two announcement issued earlier today and are advised that this is the final correct version and replaces the aforementioned announcements. Notice is hereby given of the declaration of the following preference dividends in respect of the period commencing on 8 October 2019 and ending on the date dividends start trading ex-dividend, being 6 November 2019: - in respect of the Class A Preference Shares, a dividend at the rate of 10% per annum; - in respect of the Class C Preference Shares, a dividend at the rate of 14.00% per annum (being the prime rate plus 4%); - in respect of the Class D Preference Shares, a dividend at the rate of 12.5% per annum; - in respect of the Class E Preference Shares, a dividend at the rate of 11.25% per annum; and - in respect of the Class G Preference Shares, a dividend at the rate of 10% per annum. the per share amounts of which have been disclosed below. Relevant dates in relation to this dividend payment are set out below: Last day to trade to appear in the register on Record Date Tuesday, 5 November 2019 Preference shares start trading ex-dividend Wednesday, 6 November 2019 Record Date Friday, 8 November 2019 Payment Date Monday, 11 November 2019 In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised, between the date that the Preference Shares start trading ex-dividend, and the Record Date. In terms of the Listings Requirements of the JSE, the following additional information is provided: 1. The dividends have been declared from income reserves. 2. The dividend withholding tax rate is 20%. 3. The Company shall be entitled to an administration fee in respect of the Class D, Class E and Class G Preference Shares, of 0.25% per annum on the Initial Issue Price, inclusive of VAT, payable monthly in arrears on the Monthly Dividend Payment Dates. 4. The administration fee is subject to the Value-Added Tax Act of 1991. The Company has the right to recover the monthly administration fee, from the monthly Preference Share dividend (plus the applicable VAT thereon). 5. Ecsponent’s income tax number is 9235/264/84/4. Class A and Class C Preference Shares: The gross local dividend amount and the net local dividend amount payable to Class A and Class C Preference Shareholders are set out below: Class A Series 2 – 5 Class C Series 2 – 8 Preference Share Preference Share Gross local dividend amount (cents per 76.71233 107.39726 share) Net local dividend amount (cents per share) 61.36986 85.91781 Class D, Class E and Class G Preference Shares: The net distributable amounts are set out below: Cents per share Class D Class E Class G Series 1 – 7 Series 1 - 6 Series 1 - 4 Preference Share Preference Share Preference Share Distributable amount to shareholders, calculated as follows: Gross local dividend declared 95.89041 86.30137 76.71233 Less: Administration fee of 0.25% of the initial Issue Price (as set out in the relevant Applicable Pricing Supplements) (1.91781) (1.91781) (1.91781) per annum inclusive of VAT to be withheld by the Company Dividend net of administration fee 93.97260 84.38356 74.79452 Less: 20% withholding tax on gross (19.17808) (17.26027) (15.34247) dividend Net distributable amount to 74.79452 67.12329 59.45205 shareholders Preference Shares in issue: 1. The issued preference share capital in respect of the Series 1 Preference Shares at the date of this announcement is as follows: 1.1 425 400 Series 1 Class D Preference Shares with a total issued capital of R42 540 000; 1.2 486 830 Series 1 Class E Preference Shares with a total issued capital of R48 683 000; and 1.3 28 310 Series 1 Class G Preference Shares with a total issued capital of R2 831 000. 2. The issued preference share capital in respect of the Series 2 Preference Shares at the date of this announcement is as follows: 2.1 246 946 Series 2 Class A Preference Shares with a total issued capital of R23 486 000; 2.2 1 175 170 Series 2 Class C Preference Shares with a total issued capital of R117 517 000; 2.3 677 025 Series 2 Class D Preference Shares with a total issued capital of R67 702 500; 2.4 320 090 Series 2 Class E Preference Shares with a total issued capital of R32 009 000; and 2.5 13 500 Series 2 Class G Preference Shares with a total issued capital of R1 350 000. 3. The issued preference share capital in respect of the Series 3 Preference Shares at the date of this announcement is as follows: 3.1 50 347 Series 3 Class A Preference Shares with a total issued capital of R4 766 000; 3.2 1 180 016 Series 3 Class C Preference Shares with a total issued capital of R118 001 600; 3.3 835 900 Series 3 Class D Preference Shares with a total issued capital of R83 590 000; 3.4 459 630 Series 3 Class E Preference Shares with a total issued capital of R45 963 000; and 3.5 8 952 Series 3 Class G Preference Shares with a total issued capital of R895 200. 4. The issued preference share capital in respect of the Series 4 Preference Shares at the date of this announcement is as follows: 4.1 96 784 Series 4 Class A Preference Shares with a total issued capital of R9 365 900; 4.2 747 063 Series 4 Class C Preference Shares with a total issued capital of R74 706 300; 4.3 684 261 Series 4 Class D Preference Shares with a total issued capital of R68 426 100; 4.4 397 280 Series 4 Class E Preference Shares with a total issued capital of R39 728 000; and 4.5 5 600 Series 4 Class G Preference Shares with a total issued capital of R560 000. 5. The issued preference share capital in respect of the Series 5 Preference Shares at the date of this announcement is as follows: 5.1 327 660 Series 5 Class A Preference Shares with a total issued capital of R32 766 000; 5.2 1 171 989 Series 5 Class C Preference Shares with a total issued capital of R117 198 900; 5.3 587 630 Series 5 Class D Preference Shares with a total issued capital of R58 763 000; and 5.4 318 600 Series 5 Class E Preference Shares with a total issued capital of R31 860 000. 6. The issued preference share capital in respect of the Series 6 Preference Shares at the date of this announcement is as follows: 6.1 1 345 819 Series 6 Class C Preference Shares with a total issued capital of R134 581 900; 6.2 486 000 Series 6 Class D Preference Shares with a total issued capital of R48 600 000; and 6.3 129 700 Series 6 Class E Preference Shares with a total issued capital of R12 970 000. 7. The issued preference share capital in respect of the Series 7 Preference Shares at the date of this announcement is as follows: 7.1 1 021 157 Series 7 Class C Preference Shares with a total issued capital of R102 115 700; and 7.2 900 000 Series 7 Class D Preference Shares with a total issued capital of R90 000 000. 8. The issued preference share capital in respect of the Series 8 Preference Shares at the date of this announcement is as follows: 8.1 456 200 Series 8 Class C Preference Shares with a total issued capital of R45 620 000. The Company may issue additional Preference Shares prior to the last day to trade date. For more information about this announcement or the Ecsponent group, email investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations 22 October 2019 Pretoria Sponsor to Ecsponent Questco Corporate Advisory (Pty) Ltd Date: 22/10/2019 12:32:00 Produced by the JSE SENS Department. 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