SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement - Quarter Ended 30 September 2014 - STXFIN

Distribution Finalisation Announcement - Quarter Ended 30 September 2014 - STXFIN

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 2014

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, 26 September 2014 in respect of
the quarter ended 30 September 2014 as follows:

An aggregate amount of 11.32000 cents (R0.11320) per Satrix Fini security
constituted as follows:

     Net Local dividend per security (1)            6.08475
     Dividend withholding tax on local              1.07378
     dividend (15%)
     Net Foreign dividend per security (2)          1.56762
     Dividend withholding tax on foreign            0.27664
     dividend (15%)
     REIT Income (4)                                2.23404
     Other (Scrip lending income)                   0.08317
     TOTAL DISTRIBUTION                            11.32000

 1   NET LOCAL DIVIDEND
     Gross dividend (cents per security)            7.15853
     Dividend withholding tax (15% on              -1.07378
     taxable dividend)
     Net dividend per security                      6.08475

 2   NET FOREIGN DIVIDEND (Foreign-dual
     listed shares)
     Gross dividend (cents per security)            1.84426
     Dividend withholding tax (15% on              -0.27664
     taxable dividend)
     Net dividend per security                      1.56762



 3   REIT DIVIDEND


     Gross REIT Dividend                            2.23404
     Dividend Withholding tax                      -0.33511
     (15% - applicable to foreign holders)
     Net REIT Dividend                              1.89893

      No dividend tax is applicable for SA resident
      securities holders on the REIT dividend. Dividend tax
      of 15 % is applicable for non-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 16 October 2014to all holders of Satrix Fini
securities recorded in the register on Friday, 26 September 2014.

09 October 2014

Sponsor:
Vunani Corporate Finance

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