SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution finalisation announcement - quarter ended 31 December 2012 - STXSWX

Distribution finalisation announcement - quarter ended 31 December 2012 - 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 DECEMBER 2012

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, 28 December 2012 in respect of the
quarter ended 31 December 2012 as follows:

An aggregate amount of 3.01 cents (R0.0301) per Satrix Swix Top 40 security
constituted as follows:

      Net Local dividend per security (1)               2.33916
      Dividend withholding tax on local                 0.32435
      dividend (15%)
      Net Foreign dividend per security (2)             0.19530
      Dividend withholding tax on foreign               0.03447
      dividend (15%)
      Foreign dividend (0% SA tax) (3)                  0.04931
      Interest                                          0.01873
      Other                                             0.04868
      TOTAL DISTRIBUTION                                3.01000

  1   NET LOCAL DIVIDEND
      Gross dividend (cents per security)               2.66351
      Gross STC credits                                -0.50118
                                                        2.16233
      Dividend withholding tax (15% on taxable         -0.32435
      dividend)


      Gross dividend (cents per security)               2.66351
      Dividend withholding tax (15% on taxable         -0.32435
      dividend)
      Net dividend per security                         2.33916

  2   NET FOREIGN DIVIDEND (Foreign-dual listed
      shares)
      Gross dividend (cents per security)               0.22977
      Dividend withholding tax (15% on taxable         -0.03447
      dividend)
      Net dividend per security                         0.19530
     3   NET FOREIGN DIVIDEN NOT SUBJECT TO TAX
         Gross dividend                                   0.04931
         Dividends withholding tax                            -
         Net dividend                                     0.04931


         SA tax 0.00924 cents (15%) of gross
         (0.06163 cents) 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 Tuesday, 22 January 2013 to all holders of
Satrix Swix Top 40 securities recorded in the register on Friday, 28
December 2012.

15 January 2013

Sponsor:
Vunani Corporate Finance

Date: 15/01/2013 02:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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