Amended: ARG announces first quarter dividend

7 August 2018

MARKET RELEASE
Amended: ARG announces first quarter dividend


This announcement and the attached Appendix 7 have been amended to correctly state the fully
imputed and excluded components of the dividend. (The number of imputation credits attached to
the dividend remains unchanged.)

Argosy Property Limited (Company) has announced a first quarter (for the period to 30 June 2018)
cash dividend for the 2019 financial year of 1.5625 cents per share. Imputation credits of 0.301500
cents per share will be attached to the dividend representing income tax paid by the Company.
Overseas investors will receive an additional supplementary dividend of 0.136815 cents per share to
offset non-resident withholding tax.

As Argosy is a PIE the dividend is able to be treated as excluded income for New Zealand income tax
purposes. For shareholders who choose to include the dividend in their New Zealand income tax
return the Company’s final quarter dividend of 1.5625 cents per share is made up of:
- a fully imputed dividend of 0.775285 cents per share with imputation credits of 0.301500
cents per share attached; and
- an excluded distribution of 0.787215 cents per share.
(Shareholders who treat the entire dividend as excluded income for New Zealand income tax
purposes will not be able to claim the imputation credits).

The record date for the dividend is 12 September 2018 and the payment date is 26 September
2018.

The Company’s dividend reinvestment plan (DRP) continues to be suspended and will not apply in
respect of this dividend.

An Election Notice can be obtained by contacting Computershare on (09) 488 8777.
– ENDS –

Press enquiries
Peter Mence
Chief Executive Officer
Argosy Property Limited
Telephone: 09 304 3411
Email: pmence@argosy.co.nz

Dave Fraser
Chief Financial Officer
Argosy Property Limited
Telephone: 09 304 3469
Email: dfraser@argosy.co.nz

Stephen Freundlich
Head of Investor Relations
Argosy Property Limited
Telephone: 09 304 3426
Email: sfreundlich@argosy.co.nz

---

APPENDIX 7 – NZSX Listing Rules
Number of pages including this one
(Please provide any other relevant
NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages)
For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.
Full name
of Issuer
Name of officer authorised to
Authority for event,
make this notice
e.g. Directors' resolution
Contact phone
Contact fax
numbernumber
Date
Nature of event
BonusIf ticked,
Rights Issue
Tick as appropriate
Issue
state whether:Taxable
/ Non TaxableConversionInterestRenouncable
Rights IssueCapitalCallDividend
If ticked, stateFull
non-renouncable
change
✓
whether:
Interim
✓
YearSpecialDRP Applies
EXISTING securities affected by this
If more than one security is affected by the event, use a separate form.
Description of theISIN
class of securities
If unknown, contact NZX
Details of securities issued pursuant to this eventIf more than one class of security is to be issued, use a separate form for each class.
Description of theISIN
class of securities
If unknown, contact NZX
Number of Securities toMinimum
Ratio, e.g
be issued following eventEntitlement
1 for 2 for
Conversion, Maturity, Call
Treatment of Fractions
Payable or Exercise Date
Tick if
provide an
pari passu
ORexplanation
Strike price per security for any issue in lieu or date
of the
Strike Price available.
ranking
Monies Associated with Event
Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.
Source of
Amount per security
Payment
(does not include any excluded income)
Excluded income per security
(only applicable to listed PIEs)
Supplementary
Amount per security
Currencydividendin dollars and cents
details -
NZSX Listing Rule 7.12.7
Total monies
TaxationAmount per Security in Dollars and cents to six decimal places
In the case of a taxable bonusResident
Imputation Credits
issue state strike priceWithholding Tax(Give details)
Foreign
FDP Credits
Withholding Tax(Give details)
Timing
(Refer Appendix 8 in the NZSX Listing Rules)
Record Date 5pmApplication Date
For calculation of entitlements -Also, Call Payable, Dividend /
Interest Payable, Exercise Date,
Conversion Date. In the case
of applications this must be the
last business day of the week.
Notice DateAllotment Date
Entitlement letters, call notices,For the issue of new securities.
conversion notices mailedMust be within 5 business days
of application closing date.
OFFICE USE ONLY
Ex Date:
Commence Quoting Rights:Security Code:
Cease Quoting Rights 5pm:
Commence Quoting New Securities:Security Code:
Cease Quoting Old Security 5pm:
12 September, 201826 September, 2018
$Nil$0.000302
NilNil
NZD$0.00136815
$12,922,349.844
Date Payable
################
$0.007872
Enter N/A if
not
applicable
NZARGE0010S7
In dollars and cents
Cash
$0.007753
09 304 346909 302 09966082018
Ordinary shares
EMAIL:
announce@nzx.com
Notice of event affecting securities
Argosy Property Limited
Dave FraserDirectors' resolution