The directors of eMedia Holdings has resolved to declare final dividend for the year ended 31 March, 2020 of 11 cents per share (2019: 8 cents). The dividend payable on June 22, 2020 with record date of June 19, 2020 and commence trading ex dividend of June 19, 2020. The dividend to shareholders relates to the ordinary shares and N ordinary shares. The dividend has been declared out of income reserves. The dividend will be subject to a local dividend withholding tax at a rate of 20%, which will result in a net interim dividend to those shareholders not exempt from paying dividend withholding tax of 8.80 cents per ordinary share and 11 cents per ordinary share for those shareholders who are exempt from dividend withholding tax. In terms of dividend withholding tax legislation, any dividend withholding tax amount due will be withheld and paid over to the South African Revenue Service by a nominee company, stockbroker or central securities depository participant on behalf of shareholders. All shareholders should declare their status to their regulated intermediary as they may qualify for a reduced dividend withholding tax rate or exemption.