STXIHC- Distribution Announcement INVESTEC WARRANTS JSE SHARE CODE: STXIHC JSE ISIN CODE: ZAE000164323 DISTRIBUTION ANNOUNCEMENT ON SATRIX 40 HOT ENHANCED DIVIDEND SECURITIES – (“STXIHC”) With reference to the distribution announcement, the Managers and Trustees of SATRIX 40 (STX40) have declared a distribution of 33.08 cents per Satrix 40 security constituted as follows: Description Distribution Amount Dividend Amount (include local and 31.68874 cents foreign dividend amounts before tax) Interest 0.87669 cents Other 0.51457 cents Local Dividend subject to 15% dividend 15.11239 cents withholding tax and STC credits 15 % dividend withholding tax amount 1.90679 cents Local Dividend after 15% dividend 13.2056 cents withholding tax and STC credits utilised Foreign Dividend subject to 15 % 15.47228 cents dividend withholding tax 15 % dividend withholding tax amount 2.32084 cents Foreign Dividend after 15% dividend 13.15144 cents withholding tax Foreign Dividend NOT subject to tax 1.10407 cents In terms of the new Dividend Tax effective 1 April 2012, the following additional information is disclosed: 1) dividend withholding tax is 15%; 2) STC credits utilised is 2.40044 cents per security; 3) dividends not subject to dividend tax were declared before 1 April 2012 and are therefore not subject to dividend withholding tax in accordance with the Income Tax Act; 4) the dividend tax deducted will be paid to the South African Revenue Service in respect of holders that are not exempt from dividends tax; 5) holders that are exempt from dividends tax or holders qualifying for a reduced rate per Double Tax Agreement (DTA) will receive the appropriate dividend from their intermediary provided they have completed and lodged the relevant exemption or reduced rate prescribed application form timeously with their service provider. The responsibility to make such submissions is that of the security holder and failure to do so may result in dividends tax being deducted in full. Payment will be effected on, Friday, 12 October 2012 to all holders of Satrix 40 securities, recorded in the books of the company at the close of business on Friday, 28 September 2012. Accordingly, the holders of STXIHC will receive a SATRIX 40 distribution amount on Friday, 12 October 2012, in terms of the Cession clause incorporated in the Supplement between the holders and Investec Bank Limited. Copies of the offering circular may be obtained from: Investec Bank Limited 100 Grayston Drive Sandown Sandton 2196 For further information contact: Investec Warrants Tel.: 0860 103 343 E-mail: warrants@investec.co.za Internet: www.investec.com Sponsor Investec Securities Limited Member of the JSE Registration number. 1972/008905/06) Date: 09/10/2012 03:17:00 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.