DBXJP - db x-trackers MSCI Japan Index ETF - Distribution announcement - Six

DBXJP - db x-trackers MSCI Japan Index ETF - Distribution announcement - Six    
months ended 31 December 2010                                                   
JSE code: DBXJP                                                                 
ISIN: ZAE000115176                                                              
("dbx Japan")                                                                   
A portfolio in the db x-trackers Collective Investment Scheme in Securities,    
registered as such in terms of the Collective Investment Schemes Control Act, 45
of 2002.                                                                        
DISTRIBUTION ANNOUNCEMENT - SIX MONTHS ENDED 31 DECEMBER 2010                   
Holders of dbx Japan securities are advised that a distribution will be made to 
holders of dbx Japan securities in respect of the six months ended 31 December  
2010.                                                                           
Details of the distribution are set out below:                                  
-    The distribution payable to holders will be an amount in ZAR equivalent to 
    JPY 0.4640 (forty six point four zero sen) per dbx Japan security, less the 
applicable management fee as detailed in the Fifth Supplement to the        
    Offering Circular and Pre-Listing Statement dated 13 February 2008 (the     
    "JPY distribution amount").                                                 
-    The JPY distribution amount will be converted to ZAR at the exchange rate  
prevailing on or about Wednesday, 26 January 2011, details of which will be 
    released on SENS on or about Thursday, 27 January 2011.                     
-    The distribution will be paid to holders on or about Tuesday, 1 February   
    2011.                                                                       
Holders of dbx Japan securities who hold 100 000 or more dbx Japan securities   
may elect to receive the distribution in JPY payable to their "foreign JPY cash 
account held at the applicable JPY clearer".  Such election is to be conveyed to
db x-trackers (Proprietary) Limited ("db x-trackers") via the holder`s CSDP in  
the required format by no later than Monday, 24 January 2011, failing which     
holders will be paid the ZAR equivalent referred to above.                      
The JPY distribution amount (which represents a pro rata portion of the         
distributable income of the portfolio) has been calculated net of (1) any       
foreign withholding tax payable by db x-trackers on dividends, (2) net foreign  
exchange losses/gains and (3) Interest and Equalisation. The JPY distribution   
amount of JPY 0.4640 per dbx Japan security is calculated as follows:           
-    Gross foreign dividends of JPY 0.4991 (forty nine point nine one sen);     
-    Less:  Withholding tax of JPY 0.0352 (three point five two sen);           
-    Plus interest and equalisation of JPY 0.0001 (points zero one sen).        
-    Less net foreign exchange losses of JPY 0.0000 (zero sen).                 
The information set out above is published for information purposes only.       
Holders should contact their tax advisers as regards the applicable tax         
treatment of the JPY distribution amount and the withholding tax.               
20 January 2011                                                                 
Manager                                                                         
db x-trackers (Proprietary) Limited                                             
Trustee                                                                         
The Standard Bank of South Africa Limited                                       
Sponsor                                                                         
Vunani Corporate Finance                                                        
Date: 20/01/2011 10:13:17 Supplied by www.sharenet.co.za                     
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