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to the surrender of the relevant share certificates by the Holder and in the case of DematerialisedPreference Shares to the Applicable Procedures (the “Exercise Date”).2.11 The Call Option and the Additional Call Option shall be exercised by written notice to the Holdergiven by the Company no less than 30 (thirty) calendar days prior to the Final Conversion Date orthereafter the relevant Dividend Date, as the case may be.2.12 Change in tax legislation2.12.1 If there is a change to the Income Tax Act, 1962 (“Income Tax Act”) prior to the FinalConversion Date that results in Preference Dividends declared being taxable in the handsof the Holders but a deductible expense in the hands of the Company, then the Companyshall increase the Preference Dividend in question in accordance with the followingformula:AD = ––––––1 – Twhere:D = the increased Preference Dividend;A = the Preference Dividend prior to any increase; andT = the rate of income tax applicable to companies expressed as a percentage.2.12.2 If there is a change to the Income Tax Act after the Final Conversion Date that results inPreference Dividends declared after the Final Conversion Date being taxable in the handsof the Holders, then in respect of the period commencing on the first Dividend Date afterthe introduction of such change and thereafter, the Company shall increase the PreferenceDividend in question in accordance with the formula set out in paragraph 2.12.1.2.12.3 No changes to the amount of the dividend shall be made as a result of any changes to therate of Secondary Tax on Companies which may be applicable to the Company from timeto time.51