SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution finalisation announcement - quarter ended 30 September 2013 - STXSWX

Distribution finalisation announcement - quarter ended 30 September 2013 - STXSWX

SATRIX SWIX TOP 40 PORTFOLIO
JSE code: STXSWX
ISIN code: ZAE000078580
("Satrix Swix Top 40")

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 2013

The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (Pty) Limited and ABSA Bank Limited), respectively, have
declared a distribution to holders of Satrix Swix Top 40 securities
recorded in the register on Friday, 27 September 2013 in respect of the
quarter ended 30 September 2013 as follows:

An aggregate amount of 7.82000 cents (R0.07820) per Satrix Swix Top 40
security constituted as follows:

Net Local dividend per security (1)            4.15704
Dividend withholding tax on local              0.71769
dividend (15%)
Net Foreign dividend per security (2)          2.01980
Dividend withholding tax on foreign            0.35643
dividend (15%)
Foreign dividend (0% SA tax) (3)               0.17970
Interest                                       0.33195
Other                                          0.05739
TOTAL DISTRIBUTION                             7.82000


NET LOCAL DIVIDEND
Gross dividend (cents per security)            4.87473
Gross STC credits                             -0.09015
                                               4.78458
Dividend withholding tax (15% on               0.71769
taxable dividend)


Gross dividend (cents per security)            4.87473
Dividend withholding tax (15% on              -0.71769
taxable dividend)
Net dividend per security                      4.15704

NET FOREIGN DIVIDEND (Foreign-dual
listed shares)
Gross dividend (cents per security)            2.37623
Dividend withholding tax (15% on              -0.35643
taxable dividend)
Net dividend per security                      2.01980
NET FOREIGN DIVIDEND NOT TAXED (S64N
rebate)
Gross dividend                                 0.32501
Foreign Dividends withholding tax             -0.11375
(35%)
Gross dividend received by portfolio           0.21126
Less portfolio costs                          -0.03156
Distributable dividend                         0.17970


SA Dividend withholding tax
Gross dividend                                 0.32501
Less portfolio costs                          -0.03156
                                               0.29345


SA DWT                                         0.04402

SA tax 0.04402 cents (15%) will not be deducted as
foreign dividend withholding tax has already been
deducted (SECTION 64N).



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 Wednesday, 16 October 2013 to all holders of
Satrix Swix Top 40 securities recorded in the register on Friday, 27
September 2013.

09 October 2013

Sponsor:
Vunani Corporate Finance

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