AFI – Update – Dividend/Distribution

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Update Summary
Entity name
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
Security on which the Distribution will be paid
AFI - ORDINARY FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
Tuesday February 14, 2017
Reason for the Update
Update section 2B.2a and 2B.2b with the foreign currency exchange rates applicable to the interim dividend.
Updated section 4A.6 and 4B.6 with the Dividend Reinvestment Plan and Dividend Substitution Share Plan issue
price for the interim dividend.
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
1.2 Registered Number Type
ABN
Registration Number
56004147120
1.3 ASX issuer code
AFI
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Update section 2B.2a and 2B.2b with the foreign currency exchange rates applicable to the interim dividend.
Updated section 4A.6 and 4B.6 with the Dividend Reinvestment Plan and Dividend Substitution Share Plan issue
price for the interim dividend.
1.4b Date of previous announcement(s) to this update
Monday January 23, 2017
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1.5 Date of this announcement
Tuesday February 14, 2017
1.6 ASX +Security Code
AFI
ASX +Security Description
ORDINARY FULLY PAID
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
Ordinary
2A.2 The Dividend/distribution:
relates to a period of six months
2A.3 The dividend/distribution relates to the financial reporting or payment period ending
ended/ending (date)
Saturday December 31, 2016
2A.4 +Record Date
Wednesday February 8, 2017
2A.5 Ex Date
Tuesday February 7, 2017
2A.6 Payment Date
Friday February 24, 2017
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0
of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the
timetable for the dividend/distribution.
No
2A.8 Currency in which the dividend/distribution is made ("primary currency")
AUD - Australian Dollar
2A.9 Total dividend/distribution payment amount
per +security (in primary currency) for all
dividends/distributions notified in this form
AUD 0.10000000
2A.10 Does the entity have arrangements
relating to the currency in which the
dividend/distribution is paid to securityholders
that it wishes to disclose to the market?
Yes

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2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
We have a Dividend/Distribution Reinvestment
Plan (DRP)
We have a Bonus +Security Plan or equivalent
(BSP)
2A.11a If the +entity has a DRP, is the DRP
applicable to this dividend/distribution?
Yes
2A.11a(i) DRP Status in respect of this
dividend/distribution
Full DRP
2A.11b If the +entity has a BSP, is the BSP
applicable to this dividend/distribution?
Yes
2A.11b(i) BSP status in respect of this
dividend/distribution
Full BSP offered
2A.12 Does the +entity have tax component
information apart from franking?
No
Part 2B - Currency Information
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes
such as the banking instruction or registered address of the +securityholder? (For example NZD
to residents of New Zealand and/or USD to residents of the U.S.A.).
Yes
2B.2 Please provide a description of your currency arrangements
Shareholders resident in New Zealand default to receiving a dividend converted to NZD.
Shareholders resident in Great Britain, Isle of Man, Guernsey or Jersey default to receiving a dividend converted to
GBP.
All other shareholders default to receiving an AUD dividend.
Shareholders who provide the share registry with AU, NZ or GB financial institution account details will receive a
dividend in AUD or converted to NZD or GBP respectively, regardless of residency.
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
NZD - New Zealand DollarNZD 0.10512000
GBP - Pound SterlingGBP 0.06031000
2B.2b Please provide the exchange rates used for non-primary currency payments
AUD: 1.000 : GBP 0.6031
AUD: 1.000 : NZD 1.0512
2B.2c If payment currency equivalent and
exchange rates not known, date for information
to be released
Tuesday February 14, 2017
Estimated or Actual?
Actual
2B.3 Can the securityholder choose to receive a currency different to the currency they would
receive under the default arrangements?
Yes

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2B.3a Please describe what choices are available to a securityholder to receive a currency different
to the currency they would receive under the default arrangements
Shareholders who provide the share registry with AU, NZ or GB financial institution account details will receive a
dividend in AUD or converted to NZD or GBP respectively, regardless of residency.
2B.3b Date and time by which any document or communication relating to the above arrangements
must be received in order to be effective for this dividend/distribution
Thursday February 9, 2017 17:00:00
2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they
must be lodged
From and with the Company's share registry, Computershare:
Tel (Aus): 1300 662 270 or +61 3 9415 4373
Tel (NZ): 0800 333 501
Internet: www.investorcentre.com
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution
estimated at this time?
No
3A.1a Ordinary dividend/distribution estimated
amount per +security
AUD
3A.1b Ordinary Dividend/distribution amount per
security
AUD 0.10000000
3A.2 Is the ordinary dividend/distribution
franked?
Yes
3A.2a Is the ordinary dividend/distribution fully
franked?
Yes
3A.3 Percentage of ordinary
dividend/distribution that is franked
100.0000 %
3A.3a Applicable corporate tax rate for franking
credit (%)
30.0000 %
3A.4 Ordinary dividend/distribution franked
amount per +security
AUD 0.10000000
3A.5 Percentage amount of dividend which is
unfranked
0.0000 %
3A.6 Ordinary dividend/distribution unfranked
amount per +security excluding conduit foreign
income amount
AUD 0.00000000
3A.7 Ordinary dividend/distribution conduit
foreign income amount per security
AUD 0.00000000
Part 4A - +Dividend reinvestment plan (DRP)

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4A.1 What is the default option if +security holders do not indicate whether they want to
participate in the DRP?
Do not participate in DRP (i.e. cash payment)
4A.2 Last date and time for lodgement of
election notices to share registry under DRP
Thursday February 9, 2017 17:00:00
4A.3 DRP discount rate
0.0000 %
4A.4 Period of calculation of reinvestment price
Start Date
Tuesday February 7, 2017
End Date
Monday February 13, 2017
4A.5 DRP price calculation methodology
The price will be the Volume Weighted Average Price of AFI shares traded on the
ASX and Chi-X automated trading systems over the 5 trading days commencing on the ex-dividend date.
4A.6 DRP Price (including any discount):
AUD 5.84000
4A.7 DRP +securities +issue date
Friday February 24, 2017
4A.8 Will DRP +securities be a new issue?
Yes
4A.8a Do DRP +securities rank pari passu from
+issue date?
Yes
4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?
No
4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?
No
4A.11 Are there any other conditions applying to DRP participation?
No
4A.12 Link to a copy of the DRP plan rules
http://www.afi.com.au/Registry-info-forms-and-explanatory-notes.aspx
4A.13 Further information about the DRP
Part 4B - Bonus +security plan or equivalent (BSP)
4B.1 What is the default option if +security holders do not indicate whether they want to
participate in the BSP?
Do not participate in BSP (i.e. cash payment)
4B.2 Last date and time for lodgement of
election notices to share registry under BSP
Thursday February 9, 2017 17:00:00
4B.3 BSP discount rate
0.0000 %
4B.4 Period of calculation of BSP price
Start Date
Tuesday February 7, 2017
End Date
Monday February 13, 2017

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4B.5 BSP price calculation methodology
The price will be the Volume Weighted Average Price of AFI shares traded on the ASX and Chi-X automated
trading systems over the 5 trading days commencing on the ex-dividend date.
4B.6 BSP Price
AUD 5.8400
4B.7 BSP +securities +issue date
Friday February 24, 2017
4B.8 Will BSP +securities be a new issue?
Yes
4B.8a Do BSP +securities rank pari passu from
+issue date?
Yes
4B.9 Is there a minimum dollar amount or number of +securities required for BSP participation?
No
4B.10 Is there a maximum dollar amount or number of +securities required for BSP participation?
No
4B.11 Are there any other conditions applying to BSP participation?
4B.12 Link to a copy of the BSP plan rules
Eligibility requirements as set out in Rule 1 of the Dividend Substitution Share Plan rules (link
below).
4B.13 Further information about the BSP
http://www.afi.com.au/Registry-info-forms-and-explanatory-notes.aspx
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
5.2 Additional information for inclusion in the Announcement Summary