Dividends

Brambles has a “progressive” dividend policy. Under this policy, the Group seeks to maintain or increase dividends per share each year, in Australian cents, subject to its financial performance and cash requirements.

• Dividend History

  Financial Year	Amount (AUD)	Ex-Dividend Date	Record Date	Date Paid	Franking	FX rate  paid in GBP	DRP Price  (AUD)
  2018 Interim	14.5 cents	07/03/18	08/03/18	12/04/18	30%	0.54781	$9.70
  2017 Final	14.5 cents	13/09/17	14/09/17	12/10/17	30%	0.591423	$9.06
  2017 Interim	14.5 cents	08/03/17	09/03/17	13/04/17	25%	0.60841	$9.19
  2016 Final	14.5 cents	07/09/16	08/09/16	13/10/16	25%	0.59967	$11.81
  2016 Interim	14.5 cents	10/03/16	11/03/16	14/04/16	25%	0.53129	$11.93
  2015 Final	14 cents	09/09/15	11/09/15	08/10/15	30%	0.46227	$9.59
  2015 Interim	14 cents	11/03/14	13/03/14	09/04/14	30%	0.521841	n/a
  2014 Final	13.5 cents	10/09/14	12/09/14	09/10/14	30%	0.544515	n/a
  2014 Interim	13.5 cents	07/03/14	14 /03/14	10/04/14	30%	0.5449	n/a
  2013 Final	13.5 cents	09/09/13	13/09/13	10/10/13	30%	0.5860	n/a
  2013 Interim	13.5 cents	04/03/13	08/03/13	11/04/13	30%	0.6852	n/a
  2012 Final	13 cents	17/09/12	21/09/12	11/10/12	30%	0.6429	n/a
  2012 Interim	13 cents	05/03/12	09/03/12	12/04/12	20%	0.6597	n/a
  2011 Final	13 cents	15/09/11	21/09/11	13/10/11	20%	0.6306	n/a
  2011 Interim	13 cents	07/03/11	11/03/11	14/04/11	20%	0.6130	$6.70
  2010 Final	12.5 cents	16/09/10	22/09/10	14/10/10	20%	0.6102	$6.12
  2010 Interim	12.5 cents	12/03/10	18/03/10	08/04/10	20%	n/a	$7.22
  2009 Final	12.5 cents	14/09/09	18/09/09	27/10/09	20%	n/a	$7.01
  2009 Interim	17.5 cents	13/03/09	19/03/09	09/04/09	10%	n/a	$5.10
  2008 Final	17.5 cents	15/09/08	19/09/08	09/10/08	10%	n/a	n/a
  2008 Interim	17 cents	14/03/08	20/03/08	10/04/08	10%	n/a	n/a
  2007 Final	17 cents	17/09/07	21/09/07	11/10/07	20%	n/a	n/a
• Dividend Reinvestment Plan (DRP)

  On 20 August 2015 Brambles announced that it had reactivated its DRP (which had been suspended since August 2011).

  Under the DRP, the date for electing to participate in the DRP as it applies to a dividend payment is 5.00pm (Sydney time) on the first business day after the record date for a dividend. If a shareholder wishes to terminate or reduce their participation in the DRP in advance of a dividend payment, the deadline for returning a DRP Variation or Termination form to Brambles' Share Registry is also normally 5.00pm (Sydney time) on the first business day after the record date for that dividend, unless the Brambles Board determines that there will be a later withdrawal date.

  A summary booklet of the DRP, the DRP rules and a multi-purpose DRP application/variation/termination form can be downloaded below:

  DRP Plan Rules

  DRP Summary Booklet

  DRP Application/Variation/Termination form
• DRP History

  Financial Year	DRP Price Discount	DRP Price  in AUD  (after discount)	DRP Pricing Period	Date DRP Shares Allotted
  2016 Interim	1.5%	$11.93	16/03/2016 to 31/03/2016	14/04/2016
  2015 Final	1.5%	$9.59	15/09/2015 to 28/09/2015	08/10/2015
  2011 Interim	2.5%	$6.70	05/03/2011 to 04/04/2011	14/04/2011
  2010 Final	2.5%	$6.12	24/09/2010 to 07/10/2010	14/10/2010
  2010 Interim	2.5%	$7.22	22/03/2010 to 06/04/2010	08/04/2010
  2009 Final	2.5%	$7.01	12/10/2009 to 23/10/2009	27/10/2009
  2009 Interim	2.5%	$5.10	23/03/2009 to 03/04/2009	09/04/2009