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STANLIB COLLECTIVE INVESTMENTS LTD - Distribution Announcement - STANSX

Release Date: 20/12/2013 10:41
Code(s): STANSX     PDF:  
Wrap Text
Distribution Announcement - STANSX

STANLIB SWIX 40 FUND ("STANLIBSX")(being a portfolio under the STANLIB ETF
CIS registered in the Republic of South Africa in terms of CISCA)
Share Code: STANSX
Abbreviated Name: STANLIBSX
ISIN: ZAE000182424
("STANLIBSX")

DISTRIBUTION ANNOUNCEMENT

Holders of STANLIBSX securities ("Securities Holders") are referred to the
announcement dated Monday, 02 December 2013 setting out details of a possible
quarterly distribution by the ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the STANLIB ETF
Collective Investment Scheme (“the Manager”) has resolved to make a quarterly
distribution to Securities Holders for the quarter ended 31 December 2013
("the Distribution") in an amount of 5.12000 cents per STANLIBSX ETF
security. The distribution will be constituted as follows:

Gross Dividend(local to be taxed)   :       3.02000   cents
STC credits                         :       0.37000   cents
Local Tax    (15%)                  :       0.39750   cents
Net dividend                        :       2.62250   cents

Capital Payment(local)              :       0.07000 cents

Gross Dividend(foreign-dual)to be taxed     :     0.15000 cents
SA tax applicable              (15%)        :     0.02250 cents
Net Dividend                                :     0.12750 cents

Interest                            :       0.04000 cents
Scrip Lending                       :       1.84000 cents

The Security Holders who are not exempt from dividend tax will receive the
Net Dividend of 2.75000 cents per security.


The Distribution will be made to all Securities Holders recorded in the
register on Friday, 27 December 2013 and will be paid on Friday, 10 January
2014.

Johannesburg
20 December 2013

Sponsor
The Standard Bank of South Africa Limited

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