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

Distribution Finalisation Announcement - CTOP50

CoreShares Index Tracker Managers (RF) Proprietary Limited
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 September 2016. The distribution of 20.30206 cents per Top 50 security will be comprised as follows:


 Dividend (local) (to be taxed at 15%)(gross)                                            8.64376 cents
 Dividends Withholding Tax (15%)                                                         1.29656 cents
 Resultant net dividend                                                                  7.34720 cents

 Gross REIT Distribution                                                                 1.18941 cents
 (No Dividend Withholding Tax deducted for SA resident securities
 holders)
 Non-residents:
 Local Dividends withholding Tax (15%)                                                   0.17841 cents
 Net dividend                                                                            1.01100 cents

 Dividend (foreign) (to be taxed at 15%)(gross)                                          6.73659 cents
 Dividends Withholding Tax (15%)                                                         1.01049 cents
 Resultant net dividend                                                                  5.72610 cents

 Dividend (foreign) (already taxed at greater than SA 15%                                3.38368 cents
 Dividends Withholding Tax) (gross)
 Dividends Withholding Tax in South Africa (N/A)                                         0.00000 cents
 Resultant net dividend                                                                  3.38368 cents

 Interest                                                                                0.34862 cents


The distribution will be made to all holders of Top 50 securities who were recorded in the register on 30
September 2016 and will be paid on 20 October 2016.

17 October 2016
Sponsor
Grindrod Bank Limited

Date: 17/10/2016 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.