STANLIB COLLECTIVE INVESTMENTS LTD - Distribution Announcement - STPROP

Distribution Announcement - STPROP

STANLIB SA PROPERTY ETF
("STANPROP")(being a portfolio under the STANLIB ETF
Collective Investment Scheme registered in the Republic of South Africa in
terms of Collective Investment Schemes Control Act, 45 of 2002 (“CISCA”))

Share Code: STPROP
Abbreviated Name: STANPROP
ISIN: ZAE000175576
("STANPROP")
Income Tax number: 9046217239


DISTRIBUTION ANNOUNCEMENT

Holders of STANPROP securities ("Securities Holders") are referred to the announcement 
dated Friday, 21 November 2014 setting out details of a possible quarterly distribution 
by the ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the STANLIB ETF Collective 
Investment Scheme (“the Manager”) has resolved to make a quarterly distribution to 
Securities Holders for the quarter ended 31 December 2014 ("the Distribution") in an amount 
of 84.71000 cents per STANPROP ETF security. The distribution will be constituted as follows:

Gross REIT Distribution                     :   76.49000 cents
(No Dividend Withholding Tax deducted
or SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)       :   11.47350 cents
Net dividend                                :   65.01650 cents

Capital payment                             :   7.51000 cants

Interest Payment                            :   0.71000 cents

The Distribution will be made to all Securities Holders recorded in the register on Wednesday, 
24 December 2014 and will be paid on Friday, 09 January 2015.

Johannesburg
19 December 2014

Sponsor
The Standard Bank of South Africa Limited

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