SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution and re-investment announcement for December 2013 and salient daes for January 2014

Distribution and re-investment announcement for December 2013 and salient daes for January 2014

SATRIX RAFI 40
JSE code: STXRAF
ISIN: ZAE000126033

A portfolio in the Satrix Collective Investment Scheme (“Satrix”),
registered as such in terms of the Collective Investment Schemes Control
Act, 45 of 2002.

DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR DECEMBER 2013 AND SALIENT
DATES FOR JANUARY 2014

Investors are advised that the Manager and Trustee of Satrix (being
Satrix Managers (RF) (Proprietary) Limited and Standard Chartered Bank,
respectively) have declared a distribution to holders of Satrix RAFI 40
securities recorded in the register on Friday, 27 December 2013 in
respect of the month of December 2013 as follows:

An aggregate amount of 1.05000               cents   (R0.01050)   per   Satrix   RAFI   40
security constituted as follows:


          Net Local dividend per security (1)              0.57114
          Dividend withholding tax on local                0.10079
          dividend (15%)
          Net Foreign dividend per security (2)            0.31841
          Dividend withholding tax on foreign              0.05619
          dividend (15%)
          Interest                                         0.00347
          TOTAL DISTRIBUTION                               1.05000


     1    NET LOCAL DIVIDEND
          Gross dividend (cents per security)              0.67193
          Dividend withholding tax (15% on                -0.10079
          taxable dividend)
          Net dividend per security                        0.57114

     2    NET FOREIGN DIVIDEND (Foreign-dual
          listed shares)
          Gross dividend (cents per security)              0.37460
          Dividend withholding tax (15% on                -0.05619
          taxable dividend)
          Net dividend per security                        0.31841



The dividend tax deducted will be paid as follows:

1.       To the South African Revenue Service in respect of holders that are
         not exempt from dividends tax;
2.       Holders that are exempt from dividends tax or holders qualifying for
         a reduced rate per Double Tax Agreement (“DTA”) will receive the
         appropriate dividend from their intermediary provided they have
         completed and lodged the relevant exemption or reduced rate
         prescribed application form timeously with their service provider.
    The responsibility to make such submissions is that of the security
    holder and failure to do so may result in dividends tax being
    deducted in full.

The payment will be made by the relevant intermediary, being the Central
Securities Depository Participant (“CSDP”) or Broker nominee company
which is the final regulated intermediary in terms of the Income Tax Act.

Payment will be made in respect of holders recorded in the register on
Friday, 27 December 2013 (the “record date”) and be effected on 16
January 2014.

In accordance with the investment policy of Satrix RAFI 40 the
distribution (excluding the dividends tax as detailed above) will be re-
invested on behalf of investors through the purchase of securities
comprising the FTSE/JSE RAFI 40 Index in accordance with the calculation
methodology of the total return version of this Index, thereby increasing
the net asset value of Satrix RAFI 40 and, proportionately, each Satrix
RAFI 40 security.

The distribution (excluding the dividend tax as detailed above) will:

-    where Satrix RAFI 40 securities are held on capital account be added
     to the base cost of each Satrix RAFI 40 security for capital gains
     tax purposes; or
-    where Satrix RAFI 40 securities are held as trading stock be
     regarded as part of the cost of acquiring a Satrix RAFI 40 security.

SALIENT DATES FOR JANUARY 2014:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of January 2014
by the ETF to holders of Satrix Rafi 40 securities:

Last day to trade “cum” distribution:             Friday,   24 January   2014
Securities trade “ex” distribution:               Monday,   27 January   2014
Record date:                                      Friday,   31 January   2014
Announcement of distribution amount               Friday,   7 February   2014
for January 2014, together with
salient dates for February 2014 by:

Sandton
09 January 2014

Sponsor:
Vunani Corporate Finance

Manager:
Satrix Managers (RF) (Proprietary) Limited

Date: 09/01/2014 01:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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