Interim Quarter Dividend

NZX RELEASE
2 March 2020

INTERIM QUARTER DIVIDEND

Asset Plus Limited has provided a distribution notice in relation to the Company’s dividend declared for the quarter ended 31
December 2019.

The gross dividend for the quarter is 1.023517 cents per share. The dividend consists of 0.90 cents per share of cash with
0.123517 cents per share of imputation credits attached.

The record date for this dividend will be 9 March 2020 with payment to be made to shareholders on 13 March 2020.

The Company will also pay a supplementary dividend of 0.05605 cents per share in relation to non-resident shareholders.

A supplementary dividend is paid to non-resident shareholders to offset the amount of non-resident withholding tax (NRWT)
that New Zealand companies are required to deduct from dividends paid to non-resident shareholders. A supplementary
dividend is paid to ensure equitable treatment between non-resident shareholders and resident shareholders (whose dividends
are not subject to NRWT).

The Board will continue to review future quarterly dividends taking into account all relevant factors known at that time.


-ENDS-



For further information please contact:

Simon Woollams
Chief Financial Officer, Augusta Funds Management Limited, Manager of Asset Plus Limited
T (09) 300 6161
F (09) 300 6162
E simon@augusta.co.nz

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Distribution Notice



Section 1: Issuer information
Name of issuer Asset Plus Limited (APL)
Financial product name/description Ordinary shares
NZX ticker code APL
ISIN (If unknown, check on NZX
website)
NZ NAPE 0007S3
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies
Record date 9/3/2020
Ex-Date (one business day before the
Record Date)
6/3/2020
Payment date (and allotment date for
DRP)
13/3/2020
Total monies associated with the
distribution
$1,457,284
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.01023517
Gross taxable amount $0.00441133
Total cash distribution $0.00900000
Excluded amount (applicable to listed
PIEs)
$0.00582384
Supplementary distribution amount $0.00056050
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Partial imputation
If fully or partially imputed, please
state imputation rate as % applied
12.1% (being the imputation credits per financial product
divided by the gross distribution amount).
Imputation tax credits per financial
product
$0.00123517
Resident Withholding Tax per
financial product
N/A
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
N/A
Start date and end date for
determining market price for DRP
N/A N/A
Date strike price to be announced (if
not available at this time)
N/A

Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)
N/A
DRP strike price per financial product
N/A
Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms
N/A
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Simon Woollams
Contact person for this
announcement
Simon Woollams
Contact phone number 09 300 6161
Contact email address simon@augusta.co.nz
Date of release through MAP

2/3/2020