Noellyn is right.
"If this capital return vote gets passed we will get 38c (28c + 10c) per EXS share we own" - correct
We also get 12c of franking credits.
EXS owes 14c of tax to the ATO at the end of Feb. That means there is also 2c of franking credits left in the company for future dividends. That has value also.