Ark Fund Ltd (The) releases Quarterly Report Fri, 3 Jul 2009 18:05:00 +1000       8 months, 3 weeks ago

Friday 3 July 2009 Companies Announcement Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000 By e-lodgement Dear Sir/Madam NINTH AND TENTH QUARTERLY DIVIDENDS The Directors of The ARK Fund Limited (ARK or Company) are pleased to announce that ARK’s ninth and tenth consecutive quarterly dividends will be paid together to all those shareholders of ARK on the record as at 5.00pm WST on Friday 17 July 2009 (Record Date). Ninth Dividend – 1 October 2008 to 31 December 2008 A total cash dividend sum of $418,638 will be paid in relation to the quarter commencing 1 October 2008 and ending on 31 December 2008. The dividend that shareholders will receive will be fully franked and equates to a dividend of 1.75 cents per share on a post tax basis or 2.5 cents per share on a pre-tax basis.

The dividend will be received by shareholders by 23 July 2009. The dividend contains no foreign sourced income and accordingly there is no conduit foreign income. Tenth Dividend – 1 January 2009 to 31 March 2009 A total cash dividend sum of $418,638 will be paid in relation to the quarter commencing 1 January 2009 and ending 31 March 2009.

The dividend that shareholders will receive will be fully franked and equates to a dividend of 1.75 cents per share on a post tax basis or 2.5 cents per share on a pre-tax basis. The dividend will be received by shareholders by 23 July 2009. The dividend contains no foreign sourced income and accordingly there is no conduit foreign income.

Cash Payment The total cash payment of 3.5 cents per share equates to delivering an annualised pre-tax dividend yield of 15.15% based on a share price of $0.66. The total cash dividend sum of $837,276 will be paid pari passu to the holders of all shares in ARK which as at the Record Date will total to 23,922,149 shares. ARK has no other securities of any kind on issue.

Timetable Pursuant to Appendix 6A of the ASX’s Listing Rules, the timetable is as follows: EVENT ARK announces dividend and Record Date and its shares are quoted on a “cum” basis Shares are quoted on an “ex” basis 4 business days before the Record Date Record Date Date of Dividend Payment Production by Shareholders of Tax File Number The dividend will be received by shareholders by 23 July 2009. In ....