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SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution finalisation announcement - quarter ended 31 March 2013 - STXRES

Release Date: 12/04/2013 11:19
Code(s): STXRES     PDF:  
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Distribution finalisation announcement - quarter ended 31 March 2013 - 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 MARCH 2013

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 Thursday, 28 March 2013 in respect of the quarter ended 31
March 2013 as follows:


An aggregate amount of 53.39000 cents (R0.53390) per Satrix Resi security
constituted as follows:

      Net Local dividend per security (1)               2.32969
      Dividend withholding tax on local                 0.41112
      dividend (15%)
      Net Foreign dividend per security (2)            42.77094
      Dividend withholding tax on foreign               7.54781
      dividend (15%)
      Interest                                          0.08205
      Other                                             0.24839
      TOTAL DISTRIBUTION                               53.39000

  1   NET LOCAL DIVIDEND
      Gross dividend (cents per security)               2.74081
      Dividend withholding tax (15% on taxable         -0.41112
      dividend)
      Net dividend per security                         2.32969

  2   NET FOREIGN DIVIDEND (Foreign-dual listed
      shares)
      Gross dividend (cents per security)              50.31875
      Dividend withholding tax (15% on taxable         -7.54781
      dividend)
      Net dividend per security                        42.77094
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 Friday, 19 April 2013 to all holders of Satrix
Resi securities recorded in the register on Thursday, 28 March 2013.

12 April 2013

Sponsor:
Vunani Corporate Finance

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