RMBT40 - RMB Top 40 Exchange Traded Fund - Distribution finalisation

RMBT40 - RMB Top 40 Exchange Traded Fund - Distribution finalisation            
announcement                                                                    
RMB Top 40 Exchange Traded Fund                                                 
(Formerly Bips Top 40)                                                          
A portfolio in the RMB Collective Investment Scheme ("the portfolio")           
registered in terms of the Collective Investment Schemes Control Act, 45 of     
2002                                                                            
(Incorporated in the Republic of South Africa)                                  
(Date of incorporation: 15 October 2008)                                        
Share Code: RMBT40                                                              
ISIN: ZAE000164521                                                              
DISTRIBUTION FINALISATION ANNOUNCEMENT                                          
Following the previous announcement detailing a possible quarterly              
distribution by RMB Top 40 Exchange Traded Fund to holders of RMB Top 40        
Securities, the manager and trustees (namely RMB CIS MANCO (Pty) Limited        
and ABSA Bank Limited) have resolved to make a quarterly distribution to        
holders of RMB Top 40 securities for the quarter ended 30 June 2012. The        
distribution will:                                                              
*    amount to 17.38 cents (R0.1738) per RMB Top 40 security;                   
*    be constituted 17.38 cents (R0.1738) in respect of dividends               
*    be made to all holders of RMB Top 40 securities recorded in the            
    register on 29 June 2012; and                                               
*    be effected on 04 July 2012.                                               
Additional information:                                                         
The dividend distribution as outline above is subject to the new Dividend       
Tax that was introduced with effect from 1 April 2012.The dividend, as          
defined in the Income Tax Act of 1962 is payable from dividends accumulated     
in the fund. The South African Dividend Tax rate is 15%. Secondary Tax on       
Companies (STC) credits available amount to 3.94 cents per security. The        
net amount payable to holders of RMB Top 40 securities who are not exempt       
from Dividend Tax is 15.364 cents per security, while it is 17.38 cents per     
security to those holders who are exempt from Dividend Tax.                     
There are 18,334,067 RMB Top 40 securities in issue. The total dividend         
amount payable is R 3,186,460.84.                                               
RMB Top 40 Exchange Traded Fund Income Tax number is 2144/830/14/4. A copy      
of the ETF issue document can be found at                                       
http://www.rmb.co.za/ourFundsETFs.asp                                           
22 June 2012                                                                    
Johannesburg                                                                    
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 22/06/2012 17:16:09 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.