DISTRIBUTION ANNOUNCEMENT FOR QUARTER ENDED 30 JUNE 2012 NEWFUNDS eRAFI(TM) SA FINANCIAL 15 INDEX ETF Share code: RAFFIN ISIN: ZAE000134979 NEWFUNDS eRAFI(TM) SA INDUSTRIAL 25 INDEX ETF Share code: RAFIND ISIN: ZAE000135182 NewFunds eRAFI(TM) OVERALL SA INDEX ETF Share code: RAFISA ISIN: ZAE000117149 NEWFUNDS eRAFI(TM) SA RESOURCE 20 INDEX ETF Share code: RAFRES ISIN: ZAE000135166 NEWFUNDS NEWSA INDEX PORTFOLIO Share code: NEWFSA ISIN: ZAE000104055 Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds Proprietary Limited (Registration Number 2005/034899/07) DISTRIBUTION ANNOUNCEMENT FOR QUARTER ENDED 30 JUNE 2012 Further to the announcement published earlier today, we hereby set out below the distributable amounts without rounding: RAFRES RAFFIN RAFIND NEWFSA RAFISA (cents per (cents per (cents per (cents per (cents per units) units) units) units) units) 1. Gross Distribution Amount 91.00000 40.00000 21.00000 8.00000 - Comprising: Interest : Local 2.29060 - - 0.07466 - Interest : Foreign - - - - - Dividend : Local1 2.91638 9.27034 8.35677 2.67669 - Dividend : Foreign1 30.66788 - - - - 2 Dividend : Local 11.36177 26.57877 13.40858 4.83848 - Dividend : Foreign2 43.76337 4.21225 - 0.04034 - 2. Dividends Withholding Tax Amount Dividend : Local2 11.36177 26.57877 13.40858 4.83848 - 2 Dividend : Foreign 43.76337 4.21225 - 0.04034 - 2 Total Dividend (Local and Foreign) 55.12514 30.79102 13.40858 4.87882 - Less STC Credit available -0.01727 -0.79993 -0.34456 -0.02469 - Total Dividend (Local and 55.14241 29.99109 13.06402 4.85413 - Foreign)2 less STC credit available Dividends Withholding Tax (at a 8.27136 4.49866 1.95960 0.72812 - rate of 15%3) 3. Net Distribution Amount 2 Gross Distribution Amount 91.00000 40.00000 21.00000 8.00000 - Dividends Withholding Tax Amount 8.27136 4.49866 1.95960 0.72812 - Net Distribution Amount 82.72864 35.50134 19.04040 7.27188 - 4. AMOUNT PAID TO INVESTORS4 Non-exempt investors (DWT applicable at 15%) 82.72864 35.50134 19.04040 7.27188 - Exempt investors (no DWT applicable) 91.00000 40.00000 21.00000 8.00000 - The distribution will be paid on Tuesday, 24 July 2012 to all holders recorded on the register on Friday, 29 June 2012. 1 Not subject to DWT as applicable to period before DWT was introduced. 2 Subject to DWT as applicable to period after DWT was introduced. 3 Investors should seek advice from their tax advisor on whether the tax and rate shown is applicable to them. 4 Investors qualifying for a reduced rate per Double Tax Agreement ("DTA") will receive, in cash, the gross distribution amount less the applicable reduced DWT, provided they have completed and timeously lodged with the relevant intermediary the prescribed declaration and undertaking form. Failure to do so will result in the dividends tax being withheld in full. Additional information: Number of securities in issue Tax reference number RAFFIN 172,216 9181003188 RAFIND 200,814 9005418224 RAFISA 2,957,255 9180010184 RAFRES 265,944 9619247167 NEWFSA 1,272,724 9004206224 NFSH40 5,920,446 9403872162 20 July 2012 Sponsor Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays) 3 Date: 20/07/2012 05:20:00 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.