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 Thursday, 02 June 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 30 June 2016 ("the
Distribution") in an amount of 11.51000 cents per STANLIBSX ETF security. The
distribution will be constituted as follows:

Gross Dividend(local to be taxed)   :     7.33000 cents
Local Tax    (15%)                  :     1.09950 cents
Net dividend                        :     6.23050 cents

Gross Dividend(foreign-dual)to be taxed   :     0.42000 cents
SA tax applicable             (15   %)    :     0.06300 cents
Net Dividend                              :     0.35700 cents

Gross Dividend(foreign-dual)not to be taxed
(Foreign Withholding Tax >= SA Tax)       :     0.03000 cents
Foreign Tax Withheld    (100.00%)         :     0.03000 cents
Net Dividend                              :     0.00000 cents

Gross REIT Distribution                   :     0.66000 cents
(No Dividend Withholding Tax deducted for SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)     :      0.09900 cents
Net dividend                              :      0.56100 cents

Interest(paid on cash held in bank account, no WTI
applicable)                               :     0.13000 cents

Other income (scrip lending income)       :     2.97000 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 6.58750 cents per security as well as REIT
Distribution of 0.66000 cents.


The Distribution will be made to all Securities Holders recorded in the
register on Friday, 01 July 2016 and will be paid on Monday, 18 July
2016.

Johannesburg
29 June 2016

Sponsor
The Standard Bank of South Africa Limited

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