SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution finalisation announcement - quarter ended 31 December 2012 - STXRES

Distribution finalisation announcement - quarter ended 31 December 2012 - STXRES

SATRIX RESI PORTFOLIO
JSE Code: STXRES
ISIN: ZAE000078622
("Satrix Resi")

A portfolio in the Satrix Collective Investment Scheme, registered as such
in terms of the Collective Investment Schemes Control Act, 45 of 2002

DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 31 DECEMBER 2012

The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (Pty) Limited and ABSA Bank Limited), respectively, have
declared a distribution to holders of Satrix Resi securities recorded in
the register on Friday, 28 December 2012 in respect of the quarter ended 31
December 2012 as follows:

An aggregate amount of 21.15 cents (R0.2115) per Satrix Resi security
constituted as follows:

         Net Local dividend per security (1)             17.84292
         Dividend withholding tax on local                2.94823
         dividend (15%)
         Interest                                         0.20499
         Other                                            0.15386
         TOTAL DISTRIBUTION                              21.15000

     1   NET LOCAL DIVIDEND
         Gross dividend (cents per security)             20.79115
         Gross STC credits                               -1.13628
                                                         19.65487
         Dividend withholding tax (15% on taxable        -2.94823
         dividend)


         Gross dividend (cents per security)             20.79115
         Dividend withholding tax (15% on taxable        -2.94823
         dividend)
         Net dividend per security                       17.84292



The dividend tax deducted will be paid as follows:

1.       To the South African Revenue Service in respect of holders that are
         not exempt from dividends tax;
2.       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.

The payment will be made by the relevant intermediary, being the Central
Securities Depository Participant (“CSDP”) or Broker nominee company which
is the final regulated intermediary in terms of the Income Tax Act.
Payment will be effected on Tuesday, 22 January 2013 to all holders of
Satrix Resi securities recorded in the register on Friday, 28 December
2012.

15 January 2013

Sponsor:
Vunani Corporate Finance

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