CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Distribution Finalisation Announcement - CTOP50

Distribution Finalisation Announcement - CTOP50

CoreShares Top 50
Share code: CTOP50 ISIN: ZAE000204327
("Top 50")

A portfolio in the CoreShares Index Tracker Collective Investment Scheme registered as such in terms
of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker
Managers (RF) Proprietary Limited

DISTRIBUTION FINALISATION ANNOUNCEMENT

Holders of Top 50 securities are advised that a distribution will be made in respect of the quarter ended
30 June 2016. The distribution of 10.20305 cents per Top 50 Security will be comprised as follows:


 Dividend (local) (to be taxed at 15%)(gross)                                            5.33044 cents
 Dividends Withholding Tax (15%)                                                         0.79957 cents
 Resultant net dividend                                                                  4.53087 cents

 Gross REIT Distribution                                                                 0.61044 cents
 (No Dividend Withholding Tax deducted for SA resident securities
 holders)
 Non-residents:
 Local Dividends withholding Tax (15%)                                                   0.09157 cents
 Net dividend                                                                            0.51887 cents

 Dividend (foreign) (to be taxed at 15%)(gross)                                          3.90245 cents
 Dividends Withholding Tax (15%)                                                         0.58537 cents
 Resultant net dividend                                                                  3.31708 cents



 Dividend (foreign) (already taxed at greater than SA 15% Dividends                      0.35972 cents
 Withholding Tax) (gross)
 Dividends Withholding Tax in South Africa (N/A)                                         0.00000 cents
 Resultant net dividend                                                                  0.35972 cents

The payment has been delayed beyond the 14 business day deadline as communicated through SENS
on the 1st of June, “Distribution Announcement – Salient Dates”. This was a special request from the
JSE as a result of the change to T+3 settlement.

The distribution will be made to all holders of Top 50 securities who were recorded in the register on 24
June 2016 and will be paid on 22 July 2016.

12 July 2016
Sponsor
Grindrod Bank Limited

Date: 12/07/2016 03:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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