2010/03/12
WHL - Woolworths Holdings Limited - Finalisation of cash distribution [JSE Securities Exchange - SENS]
 
WOWOW                                                                           
WHL - Woolworths Holdings Limited - Finalisation of cash distribution           
Woolworths Holdings Limited                                                     
(Incorporated in the Republic of South Africa)                                  
Registration number 1929/001986/06                                              
Share code:  WHL    ISIN:  ZAE000063863                                         
("Woolworths" or "the Company")                                                 
FINALISATION OF CASH DISTRIBUTION                                               
Further to the announcement released on SENS on Thursday, 25 February 2010,     
Woolworths shareholders are advised that the resolution necessary to approve and
implement the specific issue of shares has been registered with the Companies   
and Intellectual Property Registration Office. Accordingly all conditions have  
been met and Woolworths will make a cash distribution of 38.0 cents per ordinary
share to ordinary shareholders, in lieu of the interim dividend for the 26 weeks
ended 27 December 2009, by way of a capital reduction out of the Company's share
premium account ("Distribution").                                               
The Distribution will be in the form of a general payment to shareholders in    
terms of Section 90 of the Companies Act,(Act 61 of 1973), as amended.          
The important dates with respect to the Distribution are set out below:         
                                                                     2010       
Last day to trade to be eligible to receive the          Thursday, 25 March     
Distribution                                                                    
Shares trade "ex" the Distribution from                  Friday, 26 March       
Record date for the Distribution                         Thursday, 1 April      
Distribution paid to certificated ordinary shareholders  Tuesday, 6 April       
on                                                                              
Distribution credited to accounts of  dematerialised     Tuesday, 6 April       
ordinary shareholders held by their CSDP or broker on                           
Notes:                                                                          
1.   All times indicated above are South African local times.                   
2.   Share certificates may not be dematerialised or rematerialised between     
    Friday, 26 March 2010 and Thursday, 1 April 2010, both days inclusive.      
Cape Town                                                                       
12 March 2010                                                                   
Merchant bank and sponsor to Woolworths                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 12/03/2010 07:05:07 Produced by the JSE SENS Department.                  
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information disseminated through SENS.                                          
Source: JSE Securities Exchange - SENS
 
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