Villa World : Appendix 3A.1

Notification of dividend / distribution

Notification of dividend / distribution

Announcement Summary

Entity name

VILLA WORLD LIMITED.

Security on which the Distribution will be paid

VLW - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Wednesday February 17, 2016

Distribution Amount

AUD 0.08000000

Ex Date

Tuesday March 8, 2016

Record Date

Wednesday March 9, 2016

Payment Date

Thursday March 31, 2016

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

VLW

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)

Thursday December 31, 2015

2A.4 +Record Date

Wednesday March 9, 2016

2A.5 Ex Date

Tuesday March 8, 2016

2A.6 Payment Date

Thursday March 31, 2016

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 0.08000000

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?

Yes

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

We do not have a securities plan for dividends/distributions on this security

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

No

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.).

Yes

2B.2 Please provide a description of your currency arrangements

Securityholders with a registered address in New Zealand are paid in NZD

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

NZD - New Zealand Dollar NZD

2B.2b Please provide the exchange rates used for non-primary currency payments

Computershare sources a market rate via its FX bankes panel on or about Record Date + 1

2B.2c If payment currency equivalent and exchange rates not known, date for information to be released

Thursday March 10, 2016

Estimated or Actual?

Actual

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

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 0.08000000

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 0.08000000

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 %

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 5 - Further information