STX40 - Distribution finalisation announcement - quarter ended 31 December 2013 SATRIX 40 PORTFOLIO JSE code: STX40 ISIN code: ZAE000027108 ("Satrix 40") A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 31 DECEMBER 2013 The manager and trustees of the Satrix Collective Investment Scheme (being Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank), respectively, have declared a distribution to holders of Satrix 40 securities recorded in the register on Friday, 27 December 2013 in respect of the quarter ended 31 December 2013 as follows: An aggregate amount of 13.10000 cents (R0.13100) per Satrix 40 security constituted as follows: Net Local dividend per security (1) 8.39511 Dividend withholding tax on local 1.27166 dividend (15%) Net Foreign dividend per security (2) 2.44434 Dividend withholding tax on foreign 0.43135 dividend (15%) Foreign dividend (0% SA tax) (3) 0.26154 Interest 0.07448 Other 0.22152 TOTAL DISTRIBUTION 13.10000 1 NET LOCAL DIVIDEND Gross dividend (cents per security) 9.66677 Gross STC credits -1.18905 8.47772 Dividend withholding tax (15% on 1.27166 taxable dividend) Gross dividend (cents per security) 9.66677 Dividend withholding tax (15% on -1.27166 taxable dividend) Net dividend per security 8.39511 2 NET FOREIGN DIVIDEND (Foreign-dual listed shares) Gross dividend (cents per security) 2.87569 Dividend withholding tax (15% on -0.43135 taxable dividend) Net dividend per security 2.44434 3 NET FOREIGN DIVIDEND NOT TAXED (S64N rebate) Gross dividend 0.44701 Foreign Dividends withholding tax -0.08940 (20%) Gross dividend received by portfolio 0.35761 Less portfolio costs -0.09607 Distributable dividend 0.26154 SA Dividend withholding tax Gross dividend 0.44701 Less portfolio costs -0.09607 0.35094 SA DWT 0.05264 SA tax 0.05264 cents (15%) will not be deducted as foreign dividend withholding tax has already been deducted (SECTION 64N). 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 effected on Friday, 24 January 2014 to all holders of Satrix 40 securities recorded in the register on Friday, 27 December 2013. 17 January 2014 Sponsor: Vunani Corporate Finance Date: 17/01/2014 08:30:00 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.