STANLIB COLLECTIVE INVESTMENTS LIMITED - Distribution Announcement - STANSX

Distribution Announcement - STANSX

STANLIB SWIX 40 FUND ("STANLIBSX")(being a portfolio under the STANLIB
ETF    CIS registered in the Republic of South Africa in terms of
CISCA)
Share Code: STANSX
Abbreviated Name: STANLIBSX
ISIN: ZAE000182424
("STANLIBSX")
Income Tax number:
9003830230

DISTRIBUTION ANNOUNCEMENT

Holders of STANLIBSX securities ("Securities Holders") are referred to the
announcement dated Monday, 05 December 2016 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 2016
("the Distribution") in an amount of 5.13000 cents per STANLIBSX ETF
security. The distribution will be constituted as follows:

Gross Dividend (local to be taxed)   :      3.51000 cents
Local Tax    (15%)                   :      0.52650 cents
Net dividend                         :      2.98350 cents

Gross REIT Distribution                   :     0.41000 cents
(No Dividend Withholding Tax deducted for SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)     :      0.06150 cents
Net dividend                              :      0.34850 cents

Interest(paid on cash held in bank account, no WTI
applicable)                               :     0.20000 cents

Other income (scrip lending income)       :     1.01000 cents
(Taxed at individual’s income tax rate, no WTI applicable)


The Security Holders (Residents) who are not exempt from dividend tax will
receive the Net Dividend of 2.98350 cents per security as well as REIT
Distribution of 0.41000 cents.


The Distribution will be made to all Securities Holders recorded in the
register on Friday, 30 December 2016 and will be paid on Monday, 16 January
2017.

Johannesburg
28 December 2016

Sponsor
The Standard Bank of South Africa Limited

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