Massmart has maintained the dividend at the same level as the prior comparable year. Notice is hereby given that a gross final cash dividend of 275.00 cents per share, in respect of the year ended 28 December 2014, has been declared. There were no STC credits available for use as part of this declaration. The number of shares in issue at the date of this declaration is 217,118,072. The dividend has been declared out of income reserves and will be subject to the Dividend Tax rate of 15% which will result in a net dividend of 233.75 cents per share to those shareholders who are not exempt from paying Dividend Tax. Massmart’s tax reference number is 9900/196/71/9.

The salient dates relating to the payment of the dividend are as follows:
Last day to trade cum dividend on the JSE:
Friday, 13 March 2015
First trading day ex dividend on the JSE:
Monday, 16 March 2015
Record date:
Friday, 20 March 2015
Payment date:
Monday, 23 March 2015

Share certificates may not be dematerialised or rematerialised between Monday, 16 March 2015 and Friday, 20 March 2015, both days inclusive.

Massmart shareholders who hold Massmart ordinary shares in certificated form (“certificated shareholders”) should note that dividends will be paid by cheque and by means of an electronic funds transfer (“EFT”) method. Where the dividend payable to a particular certificated shareholder is less than R100, the dividend will be paid by EFT only to such certificated shareholder. Certificated shareholders who do not have access to any EFT facilities are advised to contact the company’s transfer secretaries, Computershare Investor Services at Ground Floor, 70 Marshall Street, Johannesburg, 2001; PO Box 61051, Marshalltown, 2107; on +27 (0)11 370 5000; or on 086 110 09818 (fax), in order to make the necessary arrangements to take delivery of the proceeds of their dividend.

Massmart shareholders who hold Massmart ordinary shares in dematerialised form will have their accounts held at their CSDP or broker credited electronically with the proceeds of their dividend.