ABN 61 003 184 932

ASX release 20 February 2017

68-72 Lilyfield Road, Rozelle NSW 2039

PO Box 331, Leichhardt NSW 2040

T: +61 2 9555 9922

F: +61 2 9555 9944

www.desane.com.au ASX Code: DGH

INTERIM FULLY FRANKED DIVIDEND OF 2.25 CENTS PER SHARE

The Board of Desane Group Holdings Limited ("Desane") is pleased to announce that it has declared an ordinary fully franked interim dividend of 2.25 cents per share ("Interim Dividend").

The timetable for the interim dividend is as follows:

Ex‐dividend trading commences

Monday, 6 March 2017

Record date for Final Dividend

Tuesday, 7 March 2017

Payment date and issue of shareholding statements

Wednesday, 22 March 2017

As previously announced, the Dividend Reinvestment Plan ("DRP") has been suspended until further notice and the DRP will not apply to the Interim Dividend payable on 22 March 2017.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Phil Montrone Managing Director & CEO

Desane Group Holdings Limited (02) 9555 9922

philmontrone@desane.com.au

Jack Sciara Company Secretary

Desane Group Holdings Limited (02) 9555 9922

jacksciara@desane.com.au

ABOUT DESANE:

Desane Group Holdings Limited is a property investment and development business based in Sydney, with expertise in property acquisitions, investment, management, leasing, sales and development of industrial, commercial and residential properties. Desane has a disciplined "add value" property acquisition approach, which will deliver maximum shareholder value in the medium to long term.

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Desane Group Holdings Limited published this content on 20 February 2017 and is solely responsible for the information contained herein.
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