SATRIX COLLECTIVE INVESTMENT SCHEME - CANCELLATION OF S383264 Distribution Finalisation Announcement Quarter Ended 31 March 2017- STXPRO

CANCELLATION OF S383264 Distribution Finalisation Announcement – Quarter Ended 31 March 2017- STXPRO

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX PROPERTY PORTFOLIO
JSE code: STXPRO
ISIN code: ZAE000240131
("Satrix Property")

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 MARCH 2017

The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank),
respectively, have declared a distribution to holders of Satrix Property
securities recorded in the register on Friday, 31 March 2017 in respect of
the quarter ended 31 March 2017 as follows:

An aggregate amount of 22.95 cents (R0.2295) per Satrix Property security
constituted as follows:

     REIT dividend (1)                                             22.95000
     TOTAL DISTRIBUTION                                            22.95000

 1   REIT DIVIDEND


     Gross REIT dividend                                           22.95000
     Dividend withholding tax (20% - applicable to foreign
     holders                                                      - 4.59000
     Net REIT dividend                                             18.36000

     No dividend tax is applicable for SA resident securities holders on
     the REIT dividend. Dividend tax of 20% is applicable for non-resident
     shareholders on the REIT dividend.


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 7 April 2017 to all holders of Satrix Property
securities recorded in the register on Friday, 31 March 2017.

3 April 2017

Sponsor:
Vunani Corporate Finance

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