PROP INDEX TRACKER COL INV SCHEME - Fee Reduction

Fee Reduction

PropTrax TEN
Share code: PTXTEN ISIN: ZAE000155362
("PropTrax TEN")
A portfolio in the Property Index Tracker Collective Investment Scheme
registered as such in terms of the Collective Investment Schemes
Control Act, 45 of 2002, managed by Property Index Tracker Managers
(Proprietary) Limited

FEE REDUCTION

Holders of PropTrax TEN securities are advised that effective 1 January
2014 the Service Charge applicable to PropTrax TEN has been reduced to
0.425% (ex Vat) from 0.45% (ex Vat).

6 January 2014

Sponsor
Grindrod Bank Limited

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