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Fri 1 Jun 2012, 12:29 CRG - Cargo Carriers Limited - Update on dividend declaration
CRG
CRG                                                                             
CRG - Cargo Carriers Limited - Update on dividend declaration                   
CARGO CARRIERS LIMITED                                                          
(Registration Number 1959/003254/06)                                            
Share code: CRG                                                                 
ISIN: ZAE000001764                                                              
("CRG" or "the Company")                                                        
UPDATE ON DIVIDEND DECLARATION                                                  
Shareholders are referred to the dividend declaration of 8 cents per share      
(gross) incorporated in the audited results announcement released on SENS       
and published in the press on 15 May 2012.                                      
Shareholders are advised that STC credits to the value of R611 608, being       
3.05534 cents per share will be utilised for set off against the Dividend       
Withholding Tax ("DWT"). A local dividend tax rate of 15%, being 0.74170        
cents per share will be applied, resulting in a net local dividend of           
7.25830 cents per share.  Shareholders exempt from paying DWT will receive a    
gross dividend of 8 cents per share.                                            
Shareholders are reminded that the last day to trade cum dividend will be       
Friday, 8 June 2012, that the dividend will be paid to all shareholders         
recorded in the books of the company at the close of business on Friday, 15     
June 2012 and that the dividend will be paid on Monday, 18 June 2012.           
Johannesburg                                                                    
1 June 2012                                                                     
Sponsors                                                                        
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 01/06/2012 12:29:01 Produced by the JSE SENS Department.                  
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