Tower AUD FX Rate for 2021 Interim Dividend

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Update Summary
Entity name
TOWER LIMITED
Security on which the Distribution will be paid
TWR - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
5/7/2021
Reason for the Update
Confirmation of the foreign exchange rate used for the Tower Limited 2021 interim dividend paid to
Australian investors in AUD has been set at 0.92773 AUD. Dividends will be paid on 14 July 2021.
Refer to below for full details of the announcement

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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
TOWER LIMITED
1.2 Registered Number Type
ARBN
Registration Number
645941028
1.3 ASX issuer code
TWR
1.4 The announcement is
1.4a Reason for update to a previous announcement
Confirmation of the foreign exchange rate used for the Tower Limited 2021 interim dividend paid to
Australian investors in AUD has been set at 0.92773 AUD. Dividends will be paid on 14 July 2021.
1.4b Date of previous announcement(s) to this update
26/5/2021
1.5 Date of this announcement
5/7/2021
1.6 ASX +Security Code
TWR
ASX +Security Description
ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
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)
31/3/2021
Ordinary
Update/amendment to previous announcement

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2A.4 +Record Date
30/6/2021
2A.5 Ex Date
29/6/2021
2A.6 Payment Date
14/7/2021
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.
2A.8 Currency in which the dividend/distribution is made ("primary currency")
NZD - New Zealand Dollar
2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
NZD 0.02500000
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.02319325
2A.9b If AUD equivalent not known, date for information
to be released
5/7/2021
Estimated or Actual?
2A.9c FX rate (in format AUD 1.00 / primary currency
rate): AUD
AUD 1.00
FX rate (in format AUD rate/primary currency rate)
Primary Currency rate
NZD 1.07790000
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?
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
2A.12 Does the +entity have tax component information
apart from franking?
2A.13 Withholding tax rate applicable to the dividend/distribution (%)
15.000000 %
No
We do not have a securities plan for
dividends/distributions on this security
Yes
Actual
No

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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.).
2B.2 Please provide a description of your currency arrangements
Payment to shareholders on the Australian register will be calculated on the AUD/NZD foreign exchange rate of 0.92773
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
CurrencyPayment currency equivalent amount per security
AUD - Australian DollarAUD 0.02319325
2B.2b Please provide the exchange rates used for non-primary currency payments
NZD/AUD 0.92773
2B.2c If payment currency equivalent and exchange
rates not known, date for information to be released
5/7/2021
Estimated or Actual?
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
default arrangements?
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at
this time?
3A.1a Ordinary dividend/distribution estimated amount
per +security
NZD
3A.1b Ordinary Dividend/distribution amount per
security
NZD 0.02500000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
No
No
No
Actual
Yes

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3A.4 Ordinary dividend/distribution franked amount per
+security
NZD 0.00000000
3A.6 Ordinary dividend/distribution unfranked amount
per +security excluding conduit foreign income amount
NZD 0.02500000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
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
No