The Board of Directors of NSL Ltd. declared a total dividend of $0.25 per share for the financial year ended December 31, 2016, comprising a final dividend of $0.05 per share and a special dividend of $0.20 per share. Subject to the requisite approvals from shareholders at the annual general meeting of the company to be held on or about 11 April 2017, the dividend will be paid on or about 12 May 2017 or such other date to be determined by the directors.