ARG announces second quarter dividend

20 November 2018

MARKET RELEASE
ARG announces second quarter dividend

Argosy Property Limited (Company) has announced a second quarter (for the period to 30
September 2018) cash dividend for the 2019 financial year of 1.5625 cents per share. Imputation
credits of 0. 389012 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. 176526
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 second quarter dividend of 1.5625 cents per share is made up of:
- a f ully imputed dividend of 1.000318 cents per share with imputation credits of 0.389012
cents per share attached; and
- an excluded distribution of 0.562182 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 5 December 2018 and the payment date is 19 December 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

---

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Source of
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Currency
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in dollars and cen
details -
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Total monies
Taxation
Amount per Security in Dollars and cents to six decimal places
In the case of a taxable bonusResident
Imputation C
issue state strike priceWithholding T(Give details
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Timing
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EMAIL: announce@nzx.com
Notice of event affecting securities
Argosy Property Limited
Dave FraserDirectors' resolution
09 304 346909 302 099619112018
Ordinary sharesNZARGE0010S7
In dollars and cents
Cash
$0.010003
$0.005622
Enter N/A if
not
applicable
$Nil$0.003890
NilNil
NZD$0.00176526
$12,922,349.844
Date Payable
19 December, 2018
5 December, 201819 December, 2018