SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Quarter Ended 30 September 2016 -STXFIN

Distribution Finalisation Announcement – Quarter Ended 30 September 2016 -STXFIN

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX FINI PORTFOLIO
JSE code: STXFIN
ISIN Code: ZAE000036356
("Satrix Fini")

A portfolio in the Satrix Collective Investment Scheme, registered as such
in terms of the Collective Investment Schemes Control Act, 45 of 2002

DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 30 SEPTEMBER 2016

The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank),
respectively, have declared a distribution to holders of Satrix Fini
securities recorded in the register Friday, 30 September 2016 in respect of
the quarter ended 30 September as follows:

An aggregate amount of 14.93 cents (R0.1493) per Satrix Fini security
constituted as follows:


      Net Local dividend per security (1)                          8.06871
      Dividend withholding tax on local dividend (15%)             1.42389
      Net Foreign dividend per security (2)                        1.97351
      Dividend withholding tax on foreign dividend (15%)           0.34827
      REIT Dividend (3)                                            3.11562
      TOTAL DISTRIBUTION                                          14.93000

  1   NET LOCAL DIVIDEND

      Gross dividend (cents per security)                          9.49260
      Dividend withholding tax (15% on taxable dividend)         - 1.42389
      Net dividend per security                                    8.06871

  2   NET FOREIGN DIVIDEND (Foreign-dual listed shares)

      Gross dividend (cents per security)                          2.32178
      Dividend withholding tax (15% on taxable dividend)         - 0.34827
      Net dividend per security                                    1.97351

  3   REIT DIVIDEND

      Gross REIT dividend                                          3.11562
      Dividend withholding tax (15% - applicable to foreign
      holders)                                                   - 0.46734
      Net REIT dividend                                            2.64828

      No dividend tax is applicable for SA resident securities holders on
      the REIT. Dividend tax of 15% us applicable for no-resident
      shareholders on the REIT dividend.
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 effected on 12 October 2016 to all holders of Satrix Fini
securities recorded in the register on Friday, 30 September 2016.


7 October 2016

Sponsor:
Vunani Corporate Finance

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