Intu Properties plc: Confirmation of Offer of Scrip Dividend Alternative

Intu Properties plc: Confirmation of Offer of Scrip Dividend Alternative
INTU PROPERTIES PLC (the "Company") 
On 1 August 2013, the Directors announced an interim dividend for 2013 of 5.0
pence per ordinary share payable on 19 November 2013 (the "Dividend"). Subject
to the terms of the scrip dividend scheme (the "Scheme") which was approved by
shareholders at the Company's 2012 AGM, the Directors are pleased to offer a
scrip dividend alternative for the Dividend, and the Dividend will therefore be
paid as follows: 
* If taken in cash, the Dividend will be wholly paid as a Property Income 

    Distribution ("PID") which will be subject to deduction of a 20 per cent UK
    withholding tax unless exemptions apply
      * Shareholders who make an election to receive shares will receive shares
    based on the full 5.0 pence dividend being paid as a non-PID. As a non-PID,
    this will be treated as an ordinary UK company dividend

Shareholders will receive the Dividend in cash unless they elect to receive
shares instead. It is intended that the Scheme be offered for all future
dividends; the Board does however reserve the right to withdraw the Scheme for
any particular dividend at its discretion. A full description of the terms of
the Scheme are contained in the Scrip Dividend Booklet which is available for
viewing or download from the Company's website at Hard
copies can be requested via the website or by contacting the Company (email or telephone +44 (0)20 7960 1236). 
Election forms for the Scrip Dividend will be posted to certificated
shareholders as soon as practicable. Further forms for certificated
shareholders are available from our Registrars: 
UK Shareholders: 
Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU
(Tel: 0871 664 0300 (calls cost 10p per minute plus network extras), or +44 20
8 639 3399, if calling from outside UK). 
SA Shareholders: 
Computershare Investor Services (Pty) Ltd., 70 Marshall Street, Johannesburg
2001, South Africa (postal address: PO Box 61763, Marshalltown 2107, South
(Tel: +27 (0)11 370 5000). 
or by download from
Shareholders holding their shares in dematerialised form through CREST in the
UK or Strate in SA and who wish to make a scrip election should contact their
CREST service provider, CSDP, Broker or Nominee as applicable. Additional
information is contained in the Booklet. 
A timetable of events in relation to the Dividend is set out below. The events
shown in italics apply specifically to the scrip alternative to the Dividend. 
Confirmation and timetable of scrip alternative        Friday 27 September 2013
Scrip price calculation period - average of five       27 September - 3 October
dealing dates on each exchange                                   2013 inclusive 
Currency Conversion Date (sterling/Rand)                Thursday 3 October 2013 
Sterling/Rand conversion rate and dividend amount         Friday 4 October 2013
in SA currency announced                                                        
Scrip price and scrip ratio announced                     Friday 4 October 2013 
Ex-dividend date (SA)                                    Monday 14 October 2013 
Ex-dividend date (UK)                                 Wednesday 16 October 2013 
Record Date (both UK and SA)                             Friday 18 October 2013 
Last date for receipt of Tax Exemption Declaration       Friday 18 October 2013
Forms to permit dividend to be paid gross (UK                                  
Shareholders only)                                                              
*Election Date for scrip alternative (SA) (by            Friday 18 October 2013
*Election Date for scrip alternative (UK)(by close       Friday 25 October 2013
of business)                                                                    
Dividend payment date (UK & SA)                        Tuesday 19 November 2013 
CREST (UK register) and CSDP (SA register)             Tuesday 19 November 2013
accounts credited and share certificates issued to                             
certificated shareholders                                                       
First day of dealings and admission to the             Tuesday 19 November 2013
official list of the UK Listing Authority and the                              
JSE for New Ordinary Shares under the Scrip                                    
Dividend Scheme                                                                 
SA Shareholders should note that, in accordance with the requirements of
Strate, the last day to trade cum-dividend will be 11 October 2013 and that no
dematerialisation or rematerialisation of shares will be possible from 14
October to 18 October 2013 inclusive. No transfers between the UK and South
African registers may take place from 3 October to 20 October 2013 (both days
*Earlier election dates apply where shares are held indirectly; shareholders
should contact their CREST service provider, CSDP, broker or nominee as
27 September 2013 
-0- Sep/27/2013 09:50 GMT
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