Steamships Trading Company Limited announced that a final dividend of 70 toea per share has been proposed and will be paid following approval at the Board of Directors meeting on 15th June 2023, subject to Steamships' ability to secure foreign exchange for non PNG shareholders. As there was an interim dividend paid during the year of 50 toea per share, the total dividend for the year is 120 toea per share (2021: 100 toea per share). The dividend is unfranked and there is no conduit foreign income.

Date the dividend (distribution) is payable is July 28, 2023. Record date is April 28, 2023.