PREFTRAX - Special Distribution Finalisation Announcement

Special Distribution Finalisation Announcement

PREFTRAX
JSE share code: PREFTX ISIN: ZAE000185658
(“PrefTrax”)
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

SPECIAL DISTRIBUTION FINALISATION ANNOUNCEMENT

Holders of PrefTrax securities (previously PrefEx Securities, JSE share
code: PREFEX and ISIN: ZAE000164570) are referred to the finalisation
announcement published on SENS on 3 December 2013 in respect of:
    • the conversion of PrefEx Securities to the Collective Investment
       Schemes Control Act format;
    • the change of name of PrefEx to PrefTrax; and
    • the salient dates of a possible special distribution;
and are advised that a special distribution of 6.46266 cents per security
will be made in respect of the month ended 31 December 2013. The special
distribution will be comprised as follows:

Dividend (local) (to be taxed at 15%)(gross)                5.56351 cents
Resultant net dividend                                      4.72898 cents
Dividend (local)(STC credits of 0.52450 cents -
i.e. exempt from tax) (gross)                               0.52450 cents
Resultant net dividend                                      0.52450 cents
Dividend (foreign - dual listed) (to be taxed at
15%)(gross)                                                 0.27162 cents
Resultant net dividend                                      0.23088 cents
Interest                                                    0.10303 cents

The special distribution will be made to all securities holders who were
recorded in the register on 27 December 2013 and will be paid on Friday 17
January 2014.

15 January 2014

Sponsor
Grindrod Bank Limited

Date: 15/01/2014 09:18:00 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.