SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution announcement - October 2013 - STXRAF

Distribution announcement - October 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 OCTOBER 2013 AND SALIENT
DATES FOR NOVEMBER 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, 25 October 2013 in respect
of the month of October 2013 as follows:

An aggregate amount of 3.69000           cents   (R0.03690)   per   Satrix   RAFI   40
security constituted as follows:

      Net Local dividend per security (1)             2.61930
      Dividend withholding tax on local               0.45293
      dividend (15%)
      Net Foreign dividend per security (2)           0.51024
      Dividend withholding tax on foreign             0.09004
      dividend (15%)
      Interest                                        0.01749
      TOTAL DISTRIBUTION                              3.69000


  1   NET LOCAL DIVIDEND
      Gross dividend (cents per security)             3.07223
      Gross STC credits                              -0.05269
                                                      3.01954
      Dividend withholding tax (15% on                0.45293
      taxable dividend)


      Gross dividend (cents per security)             3.07223
      Dividend withholding tax (15% on               -0.45293
      taxable dividend)
      Net dividend per security                       2.61930

  2   NET FOREIGN DIVIDEND (Foreign-dual
      listed shares)
      Gross dividend (cents per security)             0.60028
      Dividend withholding tax (15% on               -0.09004
      taxable dividend)
      Net dividend per security                       0.51024
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, 25 October 2013 (the “record date”) and be effected on Monday 04
November 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 NOVEMBER 2013:
Notice is hereby given that the following dates are of importance in
regard to a possible monthly distribution for the month of November 2013
by the ETF to holders of Satrix Rafi 40 securities:

Last day to trade “cum” distribution:            Friday,   22   November   2013
Securities trade “ex” distribution:              Monday,   25   November   2013
Record date:                                     Friday,   29   November   2013
Announcement of distribution amount              Friday,   13   December   2013
for November 2013, together with
salient dates for December 2013 by:

Sandton
28 October 2013

Sponsor:
Vunani Corporate Finance

Manager:
Satrix Managers (Proprietary) Limited

Date: 28/10/2013 09:45:00 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.