UPDC REAL ESTATE INVESTMENT TRUST : UPDC REITS DISTRIBUTION PAYMENT 2023 - INTERIM

		Corporate Actions Announcement
UPDC Real Estate Investment Trust hereby announce as follows:
Period Ended	30th June 2023
		A Final Dividend of ₦0.19 per unit, subject to appropriate withholding tax and
Proposed		approval will be paid to unitholders whose names appear in the Register of
Dividend		Members as at the close of business on 31st August 2023.
Proposed Bonus	NIL
Closure	of
Register		The Register of Shareholders will be closed from 1st - 6th September 2023.
Qualification Date	31st of August, 2023
		On 7th of September 2023, dividends will be paid electronically to unit holders
		whose names appear on the Register of Members as at 31st of August, 2023 and
		who have completed the e-dividend registration and mandated the Registrar to
Payment Date	pay their dividends directly into their Bank accounts.
		Shareholders who are yet to complete the e-dividend registration are advised to
		download the Registrar's E-DividendMandate Activation Form, which is also
E-Dividend		available on the website of the Registrars: www.firstregistrarsnigeria.com,
Registration	complete and submit to the Registrar or their respective Banks.
Unclaimed
Dividend Warrants	Unitholders with dividend warrants and share certificates that have remained
and	Share	unclaimed or are yet to be presented for payment or returned for validation are
Certificates	advised to complete the e-dividend registration or contact the Registrar.
Date of	Annual
General Meeting	Not Applicable
		First Registrars
		Phone: [phone]	Email: [e-mail]
Registrar		Website: www.firstregistrarsnigeria.com
		Email:[e-mail];
Investor Relations	[e-mail]

Dated this 16th day of August 2023

Signed:

Busola Jejelowo

The Wealth House Plot 1678 Olakunle Bakare Close Off Sanusi Fafunwa Street P O Box 71707 Victoria Island Lagos Nigeria

Tel: [phone], Fax [phone] www.stanbicibtcassetmanagement.com

Stanbic IBTC Asset Management Limited. RC 209744

Directors: Demola Sogunle (Chairman) Busola Jejelowo (Chief Executive Designate) Wunmi Ehis-Uzenabor (Executive) Efe Omoduemuke (Executive) Olufunke Amobi Yinka David-West Ifeoma Esiri Babatunde Majiyagbe Bridget Oyefeso-Odusami Olumide Oyetan