Henderson Land Development Co Ltd Recommends Final Dividend

Henderson Land Development Co Ltd announced that the Board recommends the payment of a final dividend of HKD0.70 per share to Shareholders whose names appear on the Register of Members of the Company on June 18, 2012, and such final dividend will not be subject to any withholding tax in Hong Kong. Including the interim dividend of HKD0.30 per share already paid, the total dividend for the year ended December 31, 2011 will amount to HKD1.00 per share (2010: HKD1.00 per share). The proposed final dividend will be payable in cash, with an option to receive new and fully paid shares in lieu of cash under the scrip dividend scheme (Scrip Dividend Scheme). The new shares will, on issue, not be entitled to the proposed final dividend, but will rank pari passu in all other respects with the existing shares. The circular containing details of the Scrip Dividend Scheme and the relevant election form will be sent to Shareholders. Final dividend will be distributed, and the share certificates issued under the Scrip Dividend Scheme will be sent to Shareholders on July 19, 2012.