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STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank Of South Africa Limited REIT Distribution announcement in relation to the GRT share GRTSIJ

Release Date: 06/03/2014 17:00
Code(s): GRTSIJ
Wrap Text
SCIB: The Standard Bank Of South Africa Limited – REIT Distribution announcement in relation to the GRT share GRTSIJ

The Standard Bank of South Africa Limited
Share Code: GRTSIJ
ISIN Code: ZAE000183018

06/03/2014

REIT DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE GRT SHARE INSTALMENT

Notice is hereby given that as a result of the REIT distribution declaration
relating to Growthpoint Properties Ltd (GRT) shares, the holders of GRTSIJ share
instalments will receive a Growthpoint Properties Ltd (GRT) REIT distribution
per Instalment.

As per the Growthpoint SENS announcement issued on 05/03/2014:

Dividends received by or accrued to South African tax residents must be included
in the gross income of such shareholders and will not be exempt from the income
tax in terms of the exclusion to the general dividend exemption contained in
section 10(1)(k)(i)(aa) of the Income Tax Act because they are dividends
distributed by a REIT. These dividends are however exempt from dividend
withholding tax (Dividend Tax) in the hands of South African resident
shareholders provided that the South African resident shareholders have provided
to the Central Securities Depository Participant (CSDP) or broker, as the case
may be, in respect of uncertificated shares, or the company, in respect of
certificated shares, a DTD(EX) (Dividend Tax: Declaration and undertaking to be
made by the beneficial owner of a share) form to prove their status as South
African residents

Gross REIT Distribution 78.5 cents
STC Credits utilised 0 cents

Last date to trade cum REIT Distribution Thursday, 20/03/2014
Ex-REIT Distribution Date Monday, 24/03/2014
Record Date Friday, 28/03/2014
Payment Date Monday, 31/03/2014

For more details relating to this REIT Distribution please refer to the SENS
announcement issued by Growthpoint Properties Ltd on 05/03/2014

For further information contact:
Standard Bank Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Limited

This notice should be read together with the Common Terms Document, Conditions
Annexure and relevant Supplement which collectively record the terms and
conditions of the agreement between the Issuer and Warrant holders.

Date: 06/03/2014 05:00:00 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.

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