12 Jul - 2 min read

Notice Of Dividend Currency Exchange Rate (South African Rand)

Notice Of Dividend Currency Exchange Rate (South African Rand)

Schroder European Real Estate Investment Trust PLC
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77

12 July 2021

               NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 7 July 2021, Schroder European Real Estate Investment Trust plc (the “Company”) announced its
second interim dividend for the year ending 30 September 2021 of 1.85 euro cents per share.

The currency exchange rate applicable for the dividend payable in South African cents to shareholders
on the South African register is based on the exchange rate on 12 July 2021 and is set out below:


 Declared dividend                 Exchange rate                     Dividend in South African
                                                                     cents per share


 1.85 euro cents per share         17.02500                          31.49625


Dividend tax will be withheld from the amount of the gross dividend of 31.49625. South African cents
per share paid to shareholders on the South African register at the rate of 20 per cent unless a
shareholder qualifies for exemption.

After the dividend tax has been withheld, the net dividend will be 25.19700 South African cents per
share.

For the avoidance of doubt, dividend tax, and therefore the information provided in this
announcement, is only of direct application to shareholders on the South African register.

Enquiries:

Jeff O’Dwyer
Schroder Real Estate Investment Management Limited                     Tel: 020 7658 6000

Ria Vavakis
Schroder Investment Management Limited                                 Tel: 020 7658 2371

Dido Laurimore                                                         Tel: 020 3727 1000
FTI Consulting

Shareholders on the South African branch register should direct any questions regarding the application
of the dividend tax to the Company’s Transfer Secretary:

Computershare Investor Services (Pty) Limited
Rosebank Towers, 15 Biermann Avenue
Rosebank, 2196, South Africa
Postal Address - Private Bag X9000
Saxonwold, 2132.
Telephone +27 11 373 0033
Facsimile +27 11 688 5218
Email enquiries: web.queries@computershare.co.za

The Company has a primary listing on the London Stock Exchange and a secondary listing on the JSE
Limited.

JSE Sponsor
PSG Capital

Date: 12-07-2021 01:05:00
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