Waterco : 24/8/2016 – Notification of Dividend

Notification of dividend / distribution

Announcement Summary

Entity name

WATERCO LIMITED

Security on which the Distribution will be paid

WAT - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Wednesday August 24, 2016

Distribution Amount

AUD 0.03000000

Ex Date

Friday November 11, 2016

Record Date

Monday November 14, 2016

Payment Date

Thursday December 15, 2016

DRP election date

Tuesday November 15, 2016 17:00:00

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

WAT

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 twelve months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Thursday June 30, 2016

2A.4 +Record Date

Monday November 14, 2016

2A.5 Ex Date

Friday November 11, 2016

2A.6 Payment Date

Thursday December 15, 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 0.03000000

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 0.03000000

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 0.03000000

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 November 15, 2016 17:00:00

4A.3 DRP discount rate

5.0000 %

4A.4 Period of calculation of reinvestment price

Start Date

Tuesday October 25, 2016

4A.5 DRP price calculation methodology

End Date

Friday November 11, 2016

VWAP

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

AUD

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

Yes

4A.7 DRP +securities +issue date

Thursday December 15, 2016

4A.8a Do DRP +securities rank pari passu from

+issue date?

Yes

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.waterco.com.au/investors/dividend-reinvestment-plan

4A.13 Further information about the DRP

Part 5 - Further information