The currency conversion date for UK holders will be Monday 3rd April 2000, and the rate used for the actual dividend payment will be the exchange rate prevailing on that day.
Full conditions relating to the dividend payment may be inspected at the Registered Office of the Depositary as well as the offices of the South African transfer secretaries and the UK Registrar.
A dividend of 11.7t per share or a capitalisation in the ratio of 15.6 new shares for every 100 held, will be awarded to KYS shareholders who elect to do one of either on or before Friday 31st March 2000.
For those who elect the dividend option, withholding tax will be deducted at the rate of 15% whereas the capitalisation option will not be subject to tax. In the event that a shareholder fails to elect either option, a capitalisation award will be automatically made in lieu of the dividend.
