BIPS40 - Bips Top 40 - Name Change of BIPS TOP 40 SECURITIES ("BIPSTOP40") to

BIPS40 - Bips Top 40 - Name Change of BIPS TOP 40 SECURITIES ("BIPSTOP40") to   
RMB TOP 40 Exchange Traded Fund ("RMBTOP40")                                    
Bips Top 40                                                                     
A portfolio in the Bips Collective Investment Scheme ("the portfolio")          
registered in terms of the Collective Investment Schemes Control Act, 45 of 2002
Share Code: BIPS40                                                              
ISIN: ZAE000127767                                                              
NAME CHANGE OF BIPS TOP 40 SECURITIES ("BIPSTOP40") TO RMB TOP 40 EXCHANGE      
TRADED FUND ("RMBTOP40")                                                        
1.   INTRODUCTION                                                               
    Participatory interest holders are advised that the name of Bips Top 40     
Securities will change to RMB Top 40 Exchange Traded Fund.                  
2.   RATIONALE                                                                  
    The name change is being conducted in order to provide clarity to investors 
    and highlight the brand responsible for the issuance and day-to-day         
operation of the management company, scheme and the fund, Rand Merchant     
    Bank ("RMB"), which is a division of FirstRand Bank Limited.                
3.   SALIENT DATES AND TIMES                                                    
    Declaration date                               Friday, 17 February 2012     
Finalisation date in respect of the change     Friday, 24 February 2012     
    of name of BipsTop40                                                        
              to RMBTOP40                                                       
             Last day to trade in BipsTop40            Friday, 2 March 2012     
participatory interests in respect of the                                   
    change of name of BipsTop40 to RMBTOP40                                     
                                                                                
                                                                                
Listing of and trading in new participatory        Monday, 5 March 2012     
    interests  on the JSE under JSE code RMBT40,                                
    ISIN ZAE000164521 and abbreviated name                                      
    "RMBTOP40" from commencement of business on                                 


    Record date                                        Friday, 9 March 2012     
    Dematerialised participatory interest             Monday, 12 March 2012     
    holders will have their accounts at their                                   
CSDP or broker updated on                                                   
                                                                                
    Note:                                                                       
    1.   The abovementioned dates and times are South African dates and times   
and are subject to amendment, any such amendment will be announced on  
         SENS.                                                                  
4.   GENERAL INFORMATION                                                        
    Participatory interest holder`s attention is drawn to the following         
information:                                                                
    4.1  The Company`s long name will change from "Bips Top 40 Securities" to   
         "RMB Top 40 Exchange Traded Fund" and the short name on the JSE        
         Limited will change from "BipsTop40" to "RMBTOP40".                    
4.2  The JSE code will change to "RMBT40" and the ISIN code will change to  
         ZAE000164521, both of which codes have been approved by the JSE.       
    4.3  For a period of not less than one year, the Company will reflect the   
         former name "Bips Top 40 Securities" in brackets beneath the new name  
of "RMB Top 40 Exchange Traded Fund" on all documents of title and any 
         announcements released on SENS.                                        
Johannesburg                                                                    
17 February 2012                                                                
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 17/02/2012 07:05:39 Supplied by www.sharenet.co.za                     
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.