Declaration of 4.65 GBP pence dividend and availability of the summarised results for the year ended 28 Feb 2019 Atlantic Leaf Properties Limited Registered by continuation in Jersey Registration number: 128426 SEM share code: “ALPL.N0000” JSE share code: “ALP” ISIN: “MU0422N00009” www.atlanticleaf.mu ("Atlantic Leaf" or "the Company") DECLARATION OF 4.65 GBP PENCE DIVIDEND AND AVAILABILITY OF THE SUMMARISED RESULTS OF THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2019 DECLARATION OF 4.65 GBP PENCE DIVIDEND Shareholders are advised that the board of directors of Atlantic Leaf ("the Board") has approved and declared a cash dividend of 4.65 GBP pence per share in respect of the six months ended 28 February 2019 out of the Company's distributable profits. The salient dates for the dividend for shareholders on the South African and Mauritian registers are set out below: Announcement of GBP to Rand conversion rate on or before: Monday, 6 May 2019 Last day to trade cum dividend: Tuesday, 14 May 2019 Securities trade ex dividend: Wednesday, 15 May 2019 Record date: Friday, 17 May 2019 Payment date: Monday, 20 May 2019 Dematerialisation or rematerialisation of share certificates may not take place between Wednesday, 15 May 2019 and Friday, 17 May 2019 both days inclusive. Transfer of shares between sub-registers in Mauritius and South Africa may not take place between Monday, 6 May 2019 and Friday, 17 May 2019 both days inclusive. Shareholders on the South African sub-register will receive dividends in South African Rand, based on the exchange rate to be obtained by the Company on or before Monday, 6 May 2019. A further announcement in this regard will be made on or before Monday, 6 May 2019. The payment source of the dividend will be from Jersey. South African shareholders are advised that the cash dividend will be regarded as a foreign dividend and may be subject to South African dividends withholding tax. Accordingly, South African shareholders may be subject to a dividend withholding tax rate of 20%, unless an exemption as set out in the South African tax legislation applies. The receipt of the cash dividend may have tax implications for shareholders who are resident in Mauritius or other countries other than South Africa. Atlantic Leaf shareholders are advised to consult their professional advisors regarding the tax consequence of the cash dividend should they be in any doubt as to the appropriate action they should take. There is no dividends withholdings tax in Mauritius. At the date of this announcement, the issued share capital of the Company is 188 976 628 ordinary shares of no par value. AVAILABILITY OF THE SUMMARISED RESULTS OF THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2019 The Board wishes to inform the shareholders of Atlantic Leaf and the general public that the summarised results of the audited financial statements of the Company for the year ended 28 February 2019 have been published on 23 April 2019 and can be viewed on the Company’s website (www.atlanticleaf.mu/investors/announcements/). Atlantic Leaf has a primary listing on the Main Board of the JSE Limited and a secondary listing on the Official Market of the Stock Exchange of Mauritius Ltd. By order of the Board For further information please contact: JSE sponsor Java Capital +27 11 722 3050 SEM authorised representative and sponsor Perigeum Capital Ltd +230 402 0890 Company secretary Ocorian Secretaries (Jersey) Limited +44 1534 507000 23 April 2019 This notice is issued pursuant to SEM Listing Rules 15.24 and 12.14 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information contained in this announcement. Date: 23/04/2019 02:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.