The Mechanics of Investment on the JSE for Foreign Investors - Part 10 - Dividen

Dividends on listed shares, and interest on debentures, bonds and bank account credit balances owned by foreign investors, are freely transferable to countries outside the Common Monetary Area of Southern Africa.

Dividend and interest payments are exempt from normal and withholding taxes. The previous 15% non-resident shareholders tax (NRST) was abolished in October 1995.

FURTHER INFORMATION CAN BE OBTAINED FROM

Internet : http://www.jse.co.za

Johannesburg Stock Exchange * Public Relations Department
17 Diagonal Street * Johannesburg 2001 * Telephone 27 11 377 2200
P O Box 1174 * Johannesburg 2000 * Telefax 27 11 834 7402