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
31 March 2016. The distribution of 13.24095 cents per Top 50 Security will be comprised as follows:


 Dividend (local) (to be taxed at 15%)(gross)                                            6.95594 cents
 Dividends Withholding Tax (15%)                                                         1.04339 cents
 Resultant net dividend                                                                  5.91255 cents

 Gross REIT Distribution                                                                 0.77946 cents
 (No Dividend Withholding Tax deducted for SA resident securities
 holders)
 Non-residents:
 Local Dividends withholding Tax (15%)                                                   0.11692 cents
 Net dividend                                                                            0.66254 cents

 Dividend (foreign) (to be taxed at 15%)(gross)                                          5.35755 cents
 Dividends Withholding Tax (15%)                                                         0.80363 cents
 Resultant net dividend                                                                  4.55392 cents


 Interest                                                                                0.14800 cents




The distribution will be made to all holders of Top 50 securities who were recorded in the register on 08
April 2016 and will be paid on 20 April 2016.

15 April 2016
Sponsor
Grindrod Bank Limited

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