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SATRIX COLLECTIVE INVESTMENT SCHEME - STXDIV - Distribution finalisation announcement - quarter ended 31 December 2013

Release Date: 17/01/2014 08:31
Code(s): STXDIV     PDF:  
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STXDIV - Distribution finalisation announcement - quarter ended 31 December 2013

SATRIX DIVIDEND PLUS PORTFOLIO
JSE code: STXDIV
ISIN: ZAE000102018
("Satrix Dividend Plus")

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 Dividend
Plus 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 1.71000 cents (R0.017100) per Satrix Divi security
constituted as follows:


Net Local dividend per security                1.35988
Dividend withholding tax on local              0.23676
dividend (15%)
Net Foreign dividend per security              0.07454
Dividend withholding tax on foreign            0.01316
dividend (15%)
Interest                                       0.00942
Other                                          0.01624
TOTAL DISTRIBUTION                             1.71000

NET LOCAL DIVIDEND
Gross dividend (cents per security)            1.59664
Gross STC credits                             -0.01826
                                               1.57838
Dividend withholding tax (15% on               0.23676
taxable dividend)


Gross dividend (cents per security)            1.59664
Dividend withholding tax (15% on              -0.23676
taxable dividend)
Net dividend per security                      1.35988

NET FOREIGN DIVIDEND (Foreign-dual
listed shares)
Gross dividend (cents per security)            0.08770
Dividend withholding tax (15% on              -0.01316
taxable dividend)
Net dividend per security                      0.07454
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 Dividend Plus securities recorded in the register on Friday, 27
December 2013.

17 January 2014

Sponsor:
Vunani Corporate Finance

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