Dividends as of 12 Mar 2010

	Declaration Date	Record Date	Payment Date	Amount per share
Orbis Global Equity Fund				US$
	19 Jan 2001	19 Jan 2001	25 Jan 2001	0.03
Orbis Africa Equity (Rand) Fund				Rand
	20 Apr 1999	20 Apr 1999	22 Apr 1999	1.62
	14 Jan 2000	14 Jan 2000	20 Jan 2000	1.88
	19 Jan 2001	19 Jan 2001	25 Jan 2001	1.36
	11 Mar 2002	11 Mar 2002	14 Mar 2002	0.44
	21 Jan 2003	21 Jan 2003	23 Jan 2003	3.00
	20 Jan 2004	20 Jan 2004	22 Jan 2004	6.39
	21 Jan 2005	21 Jan 2005	27 Jan 2005	5.45
	24 Jan 2007	14 Feb 2007	15 Feb 2007	3.65
	23 Jan 2008	30 Jan 2008	31 Jan 2008	3.83
	16 Jan 2009	16 Jan 2009	22 Jan 2009	30.44
Orbis SICAV Asia ex-Japan Equity Fund				US$
	24 Jan 2007	14 Feb 2007	15 Feb 2007	0.0044
	23 Jan 2008	30 Jan 2008	31 Jan 2008	0.324
	16 Jan 2009	16 Jan 2009	22 Jan 2009	0.27

It is anticipated that most of the total returns of the Orbis Funds will be earned from capital appreciation on their investments rather than investment income from dividends or other income. As a result, investors should expect that in most years, after deduction of a Fund's expenses, the Fund might not have any net investment income available for dividends. However, Funds which have been certified for the purposes of Chapter V of Part XVII of the United Kingdom Income and Corporation Taxes Act 1988, as distributing funds are expected to apply for that status for the 2009 fiscal year and distribute such net investment income as is required to endeavour to maintain that status.

Dividends from a Fund will be automatically reinvested in additional shares of the Fund at their Net Asset Value per share unless:

an investor requests in writing that any dividends be paid to the investor; or
country regulations require different treatment of dividends.

In the event that a Fund pays a dividend, such amount is included in the Fund’s Total Rate of Return.