706905b4-f1fd-4709-a527-49ae8369ba40.pdf NZX RELEASE

1 July 2016

DIVIDEND GUIDANCE FOR 2017 FINANCIAL YEAR / CONFIRMATION THAT AUGUSTA NO LONGER A PIE

Augusta Capital is pleased to provide guidance on its expected distribution level for the 2017 financial year. After reviewing current forecasts, Augusta expects its annualised distribution level to increase to

5.5 cents per share from the 5 cents per share paid in the previous financial year. The first interim quarterly dividend for the financial year is expected to be declared in late July and will be fully imputed.

In addition, Augusta Capital can confirm that the loss of PIE status as a result of the continuing success and growth in value of the funds management business (previously announced to the market on 24 March 2016) will become effective from 1 July 2016.

Augusta believes the guidance provided on an increased distribution level further demonstrates the continuing success and growth of the funds management business, following on from the PwC valuation.

-ENDS-

For further information please contact:

Mark Francis Simon Woollams

Managing Director Chief Financial Officer

Augusta Capital Limited | Level 2, 4 Viaduct Harbour Drive | Auckland | New Zealand PO Box 37953 Parnell | P:+649 300 6161 | F:+649 300 6162 | www.augusta.co.nz

Augusta Capital Limited published this content on 01 July 2016 and is solely responsible for the information contained herein.
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