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SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution and re-investment announcement for August 2013 and salient dates for September 2013 - STXRAF

Release Date: 05/09/2013 08:30
Code(s): STXRAF     PDF:  
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Distribution and re-investment announcement for August 2013 and salient dates for September 2013 - STXRAF

SATRIX RAFI 40
JSE code: STXRAF
ISIN: ZAE000126033

A portfolio in the Satrix Collective Investment Scheme (“Satrix”),
registered as such in terms of the Collective Investment Schemes Control
Act, 45 of 2002.

DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR AUGUST 2013 AND SALIENT
DATES FOR SEPTEMBER 2013

Investors are advised that the Manager and Trustee of Satrix (being
Satrix   Managers   (Proprietary)   Limited  and   Absa  Bank   Limited,
respectively) have declared a distribution to holders of Satrix RAFI 40
securities recorded in the register on Friday, 30 August 2013 in respect
of the month of August 2013 as follows:

An aggregate amount of 1.11000              cents   (R0.01110)   per   Satrix   RAFI   40
security constituted as follows:

         Net Local dividend per security (1)             0.23695
         Dividend withholding tax on local               0.04182
         dividend (15%)
         Net Foreign dividend per security (2)           0.70422
         Dividend withholding tax on foreign             0.12427
         dividend (15%)
         Interest                                        0.00274
         TOTAL DISTRIBUTION                              1.11000

     1   NET LOCAL DIVIDEND
         Gross dividend (cents per security)             0.27877
         Dividend withholding tax (15% on               -0.04182
         taxable dividend)
         Net dividend per security                       0.23695

     2   NET FOREIGN DIVIDEND (Foreign-dual
         listed shares)
         Gross dividend (cents per security)             0.82849
         Dividend withholding tax (15% on               -0.12427
         taxable dividend)
         Net dividend per security                       0.70422




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 made in respect of holders recorded in the register on
Friday, 30 August 2013 (the “record date”) and be effected on Thursday,
12 September 2013.

In accordance with the investment policy of Satrix RAFI 40 the
distribution (excluding the dividends tax as detailed above) will be re-
invested on behalf of investors through the purchase of securities
comprising the FTSE/JSE RAFI 40 Index in accordance with the calculation
methodology of the total return version of this Index, thereby increasing
the net asset value of Satrix RAFI 40 and, proportionately, each Satrix
RAFI 40 security.

The distribution (excluding the dividend tax as detailed above) will:

-    where Satrix RAFI 40 securities are held on capital account be added
     to the base cost of each Satrix RAFI 40 security for capital gains
     tax purposes; or
-    where Satrix RAFI 40 securities are held as trading stock be
     regarded as part of the cost of acquiring a Satrix RAFI 40 security.


SALIENT DATES FOR SEPTEMBER 2013:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of September 2013
by the ETF to holders of Satrix Rafi 40 securities:

Last day to trade “cum” distribution:         Thursday, 19   September   2013
Securities trade “ex” distribution:             Friday, 20   September   2013
Record date:                                    Friday, 27   September   2013
Announcement of distribution amount                Friday,   4 October   2013
for September 2013, together with
salient dates for October 2013 by:

Sandton
5 September 2013

Sponsor:
Vunani Corporate Finance

Manager:
Satrix Managers (Proprietary) Limited

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