Seeka’s policy is to declare dividends of not less than 20 cents per ordinary share each financial year. In any event the annual dividend payment will not exceed 75% of operating cashflow net of maintenance capital investment and contracted debt reduction.

Dividends will be paid in two tranches, normally in June and December, and announced in conjunction with the release of the half year and full year results.

The Directors reserve the right to amend the policy at any time. Each dividend will be determined after due consideration of the capital requirements, operating performance, financial position and cashflows of the company at the time.