Richemont Securities AG - Exchange Rate applicable for dividend payable
Richemont Securities AG
(Incorporated in Switzerland)
Share code: RCH
ISIN: CH0013157380
Notice of exchange rate applicable for the dividend payable to holders of
Depositary Receipts ("DRs") in Richemont Securities SA
The dividend payable to holders of Richemont Securities" DRs resident in the
South African Common Monetary Area is derived from the dividend paid by
Richemont SA, Luxembourg to holders of Richemont `A" units and is payable in
rand. As DR"s trade in the ratio of 10 DRs to each Richemont `A" unit, the
entitlement per DR is 0.032 euro. The exchange rate applicable for the
conversion of euro into rand for the payment of the dividend is ZAR 8.3573 : 1
euro. Accordingly the dividend payable per DR will be ZAR 0.2674.
DR holders are reminded of the following important dates:
Last date to trade "cum dividend"
(`LDT") Friday, 26 September 2003
Trading commences "ex-dividend" from
the commencement of business on Monday, 29 September 2003
DR dividend record date Friday, 3 October 2003
DR dividend payment date Friday, 10 October 2003
DR Holders may not dematerialise or rematerialise their holding of Richemont DRs
between Monday, 29 September 2003 and Friday, 3 October 2003, both days
inclusive.
18 September 2003
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Date: 18/09/2003 08:07:16 AM Produced by the JSE SENS Department
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