THE DB X-TRACKER COL INVEST SCHEME - Distribution announcement - six months ended 30 June 2012

db x-trackers DJ Euro Stoxx 50 Index ETF
JSE code: DBXEU
ISIN: ZAE000115937
(dbx Euro 50)


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 30 JUNE 2012


The manager and trustee have resolved to make a distribution to holders of dbx Euro 50 securities recorded in the register on 29 June 2012 in respect of the six months ended 30 June 2012.

Details of the distribution are set out below:

* The distribution payable to holders will be an amount in ZAR equivalent to EUR 0.05319 (five point three one nine cents) per dbx Euro 50 security (the EUR distribution amount).
* The EUR distribution amount will be converted to ZAR at the exchange rate prevailing on or about Wednesday, 25 July 2012, details of which will be released on SENS on or about Thursday, 26 July 2012
* The distribution will be paid to holders on or about Tuesday, 31 July 2012.


Holders of dbx Euro 50 securities who hold 100 000 or more dbx Euro 50 securities may elect to receive the distribution in EUR payable to their foreign EUR cash account held at their applicable EUR clearer.  Such election is to be conveyed to db x-trackers (Proprietary) Limited (db x-trackers) via the holders CSDP in the required format by no later than Monday, 23 July 2012, failing which holders will be paid the ZAR equivalent referred to above.
The EUR distribution amount (which represents a pro rata portion of the distributable income of the portfolio) has been calculated after deduction of any foreign withholding tax payable by db x-trackers on dividends.  The EUR distribution amount of EUR 0.05319 per dbx Euro 50 security is calculated as follows:


* Gross foreign dividends of EUR 0.08246 (eight point two four six cents);
* Less:  Withholding tax of EUR 0.02019 (two point zero one nine cents);
* Plus:  Interest and equalisation of EUR 0.00441  (point four four one cents);
* Less:  Management fee of EUR 0.01349 (one point three four nine cents).


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 EUR distribution amount and the withholding tax.

19 July 2012

Manager
db x-trackers (Proprietary) Limited
Trustee
The Standard Bank of South Africa Limited
Sponsor
Vunani Corporate Finance




 

 



 

Date: 19/07/2012 08:30:00 Supplied by www.sharenet.co.za                     
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