Report on Proceedings at Annual General Meeting And Cash Dividend Declaration

April 29, 2011 at 12:04 PM EDT

JSE Limited<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

(Incorporated in the Republic of South Africa)

(Registration number 2005/022939/06)

Share code: JSE

ISIN No.: ZAE000079711

(“JSE”)

 

REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING AND CASH DIVIDEND DECLARATION

 

At the sixth (6th) annual general meeting (AGM) of the shareholders of the JSE held yesterday, 28 April 2011, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes, except for the following resolutions, which were withdrawn due to the fact that the Companies Act (No. 71 of 2008 as amended)(2008 Act)) was  not in force at the date of the AGM:

 

#9 – special resolution 2, requesting authority to provide financial assistance in terms of sections 44 and 45 of the 2008 Act, was withdrawn; and

#10.1 – part 1 of special resolution 3, requesting authority to pay remuneration to directors in terms of section 66 of the 2008 Act, was withdrawn.

 

The remaining special resolutions will be lodged for registration with the Companies and Intellectual Property Registration Office or its successor in due course.

 

Cash dividend declaration                                                       
Further to the announcement released on SENS on 15 March 2011 wherein shareholders were advised that the directors of the JSE are proposing to declare ordinary dividend number 7 of 210 cents per share, ordinary resolution #6 was passed approving the above mentioned dividend. 
                                                       
Shareholders are reminded of the following salient dates for the payment of the dividend: 
              
Last date to trade JSE shares cum                                               
dividend                                       Friday, 20 May 2011     
JSE shares trade ex dividend                   Monday, 23 May 2011     
Record date for purposes of                                                     
determining the registered holders                                      
of JSE shares to participate in the                                             
dividend at close of business on               Friday, 27 May 2011     
Date of payment of dividend                    Monday, 30 May 2011     
 
Share certificates may not be dematerialised or rematerialised from Monday, 23 May 2011 to Friday 27 May 2011, both days inclusive.          

 

Sandton

29 April 2011

 

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)