Dividends

Dividend Payment History

 Description          Record Date         Payment Date            Cents per share      DRP Price*    
   Franking Level        
2007 Dividend  4 January 2008  21 January 2008  4 cents  $2.6372 Fully franked @ 30%
2008 Dividend  2 January 2009  19 January 2009  4.5 cents  $2.2951 Fully franked @ 30%
2009 Dividend  8 January 2010  25 January 2010  5.25 cents  $2.8181 Fully franked @ 30%
2010 Dividend  6 December 2010  20 December 2010  5.75 cents  $2.8497 Fully franked @ 30%

* Shares issued under the DRP are allotted or transferred at a price calculated as the arithmetic average of the daily volume weighted average market price per TAL Limited share of all shares traded on ASX during the 5 business days commencing on the first business day following the Record Date.

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