SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution finalisation announcement - quarter ended 31 March 2013 - STXSWX

Distribution finalisation announcement - quarter ended 31 March 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 31 MARCH 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 Thursday, 28 March 2013 in respect of the
quarter ended 31 March 2013 as follows:

An aggregate amount of 2.56000 cents (R0.02560) per Satrix Swix Top 40
security constituted as follows:


      Net Local dividend per security (1)               0.73791
      Dividend withholding tax on local                 0.13018
      dividend (15%)
      Net Foreign dividend per security (2)             1.24439
      Dividend withholding tax on foreign               0.21960
      dividend (15%)
      Interest                                          0.22792
      TOTAL DISTRIBUTION                                2.56000

  1   NET LOCAL DIVIDEND
      Gross dividend (cents per security)               0.86809
      Gross STC credits                                -0.00022
                                                        0.86787
      Dividend withholding tax (15% on taxable         -0.13018
      dividend)


      Gross dividend (cents per security)               0.86809
      Dividend withholding tax (15% on taxable         -0.13018
      dividend)
      Net dividend per security                         0.73791

  2   NET FOREIGN DIVIDEND (Foreign-dual listed
      shares)
      Gross dividend (cents per security)               1.46399
      Dividend withholding tax (15% on taxable         -0.21960
      dividend)
      Net dividend per security                         1.24439
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 Friday, 19 April 2013 to all holders of Satrix
Swix Top 40 securities recorded in the register on Thursday, 28 March 2013.

12 April 2013

Sponsor:
Vunani Corporate Finance

Date: 12/04/2013 11:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.