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NEDBANK LIMITED - Distribution - STXNNF

Release Date: 18/01/2013 16:43
Code(s): NEDB     PDF:  
Wrap Text
Distribution - STXNNF

NEDBANK LTD

Share Code: STXNNF              ISIN: ZAE000172169

FINAL DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE STX40 SHARE INSTALMENT

Notice is hereby given of the distribution amount payable for SATRIX 40 and that as a result of the
distribution declaration relating to SATRIX 40 (STX40) the Trustees of the Share Instalment Trust
have declared a distribution amount of 11.52 cents per STXNNF share instalment that is payable on
Tuesday, 22 January 2013. The final payment will be rounded to two decimal places.

The distribution amount is constituted by:

  - 11.29418 cents in respect of dividends;
  - 0.06535 cents in respect of interest; and
  - 0.16047 cents in respect of other income.



With respect to the gross dividend of 11.29418 cents per share instalment 8.91281 cents per share
instalment is a local dividend, which is subject to the local dividend tax of 15 percent. STC credits
utilized equate to 1.36132 cents per share instalment, resulting in a net local dividend of 7.78009
cents per share instalment.
With respect to the gross dividend of 11.29418 cents per share instalment 2.38137 cents per share
instalment is a foreign dividend. Regarding the foreign dividend 2.18428 cents per share instalment
is subject to the dividend withholding tax of 15 percent, which amounts to 0.32764 cents per share
instalment, resulting in a net dividend of 1.85664 cents per share instalment. The remaining foreign
dividend of 0.19709 cents per share instalment is not subject to the withholding tax. Hence, the
total net foreign dividend is 2.05373 cents per share instalment.

The last day to trade cum distribution was Wednesday, 19 December 2012. The Share Instalment
commenced trading ex distribution from Thursday, 20 December 2012. The record date was Friday,
28 December 2012.

For more information contact Nedbank Equity Derivatives on (011) 535 4030.

135 Rivonia Road, Sandton
18 January 2013
Sponsor Nedbank Capital

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