2019 Final Dividend Currency Exchange Rates

2019 FINAL DIVIDEND CURRENCY EXCHANGE RATES

South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) advised on 22 August 2019 that the Board resolved to pay a final dividend of US 2.8 cents per share (fully franked) for the full year ended 30 June 2019, with a payment date of 10 October 2019.

The US cent currency exchange rate applicable to the dividend payable in Australian cents, British pence and New Zealand cents is determined as the volume weighted average price achieved on foreign exchange trades executed over the period 2 September 2019 to 18 September 2019, and is detailed below:

On 9 September 2019, South32 announced to the Johannesburg Stock Exchange that the US cent currency exchange rate applicable to the dividend payable in South African cents to shareholders on the South African branch register on the Record Date is the volume weighted average price achieved on foreign exchange trades executed over the period 2 September 2019 to 9 September 2019:

About South32

South32 is a globally diversified mining and metals company.  We produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc at our operations in Australia, Southern Africa and South America. We also have a high grade zinc, lead and silver development option in North America and several partnerships with junior explorers with a focus on base metals. Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come, and to be trusted by our owners and partners to realise the potential of their resources.

Further information

Shareholders can manage their shareholding via the Computershare Investor Centre at www.computershare.com to:

·      update their address, communication preferences, banking and tax details;

·      view their holdings, dividend and payment, and transaction history information; and

·      download statements and documents.

Alternatively, refer to the relevant Investor Centre noted below if you have queries about your dividend:

·      Australian holders may visit online at www.computershare.com.au/Investor or by calling Computershare Investor Services on 1800 019 953 or +61 3 9415 4169 (Monday to Friday 8.30am to 5.00pm AEST)

·      South African holders may call Smart number:  0861 100 950

·      UK Depositary Interest holders may visit online at www.investorcentre.co.uk

Further information on South32 can be found at www.south32.net.

JSE Sponsor:  UBS South Africa (Pty) Ltd
19 September 2019