To view the PDF file, sign up for a MySharenet subscription.

JSE LIMITED - Index Change Advice 20121101

Release Date: 01/11/2012 17:37
Code(s): JSER     PDF:  
Wrap Text
Index Change Advice 20121101

The issuer advises that the following announcement replaces the FTSE/JSE Ground
Rules - Appendix Addition released on 30 October 2012.

Please see full updated version below.

     FTSE/JSE Ground Rules - Appendix Addition - Amendment

                                  01 November 2012
FTSE and the JSE announce the following addition to the FTSE/JSE Africa Index Series
Ground Rules Appendices:

New Appendix

15. Appendix G - FTSE/JSE Net of Tax Indices

15.1 List of FTSE/JSE Net of Tax Indices

In addition to the FTSE/JSE Africa Total Return Indices which are calculated gross
(declared), the following equivalent Net Total Return Indices will also be calculated:

Index      Index Name
Code

JNX4       Shareholder Weighted
           Top 40 Index Net TRI

JNS4       Shariah Top 40 Index
           Net TRI

JNR4       RAFI 40 Index Net TRI

JN00       Top 40 Index Net TRI

JN0U       Top 40 Index - USD
           Net TRI




In calculating Net Total Return Indices, withholding tax is deducted from the declared
dividend with the resulting net dividend used in the XD adjustment.

Formula for determining net dividends:

((GLR-STC_CR)-((WT%-FT%+SARR%)/100))+STC_CR

Where:
GLR = Gross Local Rate
STC_CR = Secondary Tax on Companies Credit Rate
WT = Withholding Tax
FT = Foreign Tax
SARR = South African Residents Reclaim

Please note: The resulting net dividend amounts used in the calculation of the above
indices are published within the daily JSE CA Schedule.


FREE TRIAL OFFER: FTSE offers free one month index trials to interested clients. For further information or
general enquiries please contact us at info@ftse.com or indices@jse.co.za or call:

Client Services in UK:                   Tel: +44 (0) 20 7866 1810
Client Services in Europe, Middle East   Tel: +44 (0) 20 7866 1810
& Africa:
Client Services in US:                   New York: (Domestic) + 1 888 747 FTSE (3873) / (International):
                                         +1 212 314 1139
Client Services in Asia Pacific:         Tel: +852 2164 3333 or +65 6223 3738 or +81 3 3581 2811
JSE Limited:                             Tel: (+27 11) 520 7106 or + (+27 11) 520 7137

Alternatively please visit our website at www.ftse.com or www.ftsejse.co.za

                                     Terms of Use | Copyright © FTSE

Date: 01/11/2012 05:37:00 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.

Share This Story