Notification of dividend / distribution

Update Summary

Entity name

FORTESCUE METALS GROUP LTD

Security on which the Distribution will be paid

FMG - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

Wednesday September 20, 2017

Reason for the Update

Update to advise the allocation price for shares to be issued to participants in the Dividend Reinvestment Plan (the Plan) for the 2017 final dividend

Additional Information

Final dividend for the financial year ending 30 June 2017.

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

  1. Name of +Entity

    FORTESCUE METALS GROUP LTD

    Registration Number

    57002594872

  2. Registered Number Type

    ABN

  3. ASX issuer code

    FMG

  4. The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Update to advise the allocation price for shares to be issued to participants in the Dividend Reinvestment Plan (the Plan) for the 2017 final dividend

  1. b Date of previous announcement(s) to this update

    Monday August 21, 2017

  2. Date of this announcement

    Wednesday September 20, 2017

  3. ASX +Security Code

FMG

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)

Friday June 30, 2017

2A.4 +Record Date

Monday September 4, 2017

2A.5 Ex Date

Friday September 1, 2017

2A.6 Payment Date

Tuesday October 3, 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 0.25000000

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?

No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

No

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.25000000

3A.2 Is the ordinary dividend/distribution franked?

Yes

3A.3 Percentage of ordinary dividend/distribution that is franked 100.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 0.25000000

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)

2A.11a(i) DRP Status in respect of this dividend/distribution

Full DRP

3A.1a Ordinary dividend/distribution estimated amount per +security

AUD

3A.2a Is the ordinary dividend/distribution fully franked?

Yes

3A.3a Applicable corporate tax rate for franking credit (%)

30.0000 %

3A.5 Percentage amount of dividend which is unfranked

0.0000 %

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

Tuesday September 5, 2017 19:00:00

4A.3 DRP discount rate

0.0000 %

4A.4 Period of calculation of reinvestment price

Start Date

Wednesday September 6, 2017

4A.5 DRP price calculation methodology

End Date

Tuesday September 19, 2017

The average of the daily volume weighted average market price of all Fortescue shares traded on the Australian Securities Exchange during the period of ten trading days commencing on the second trading day after the Record Date.

4A.6 DRP Price (including any discount):

AUD 5.77250

4A.8 Will DRP +securities be a new issue?

No

4A.7 DRP +securities +issue date

Monday October 2, 2017

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.fmgl.com.au/investors/share-registry-and-dividend-reinvestment-plan

4A.13 Further information about the DRP

Part 5 - Further information

  1. Please provide any further information applicable to this dividend/distribution

  2. Additional information for inclusion in the Announcement Summary

Final dividend for the financial year ending 30 June 2017.

Fortescue Metals Group Ltd. published this content on 20 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 September 2017 07:39:04 UTC.

Original documenthttp://www.fmgl.com.au/docs/default-source/announcements/update---divident-distribution.pdf?sfvrsn=1b5eebb0_4

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