STXRES - Distribution finalisation announcement - quarter ended 31 March 2014 - STXRES SATRIX RESI PORTFOLIO JSE Code: STXRES ISIN: ZAE000078622 ("Satrix Resi") 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 MARCH 2014 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 Resi securities recorded in the register on Friday, 28 March 2014 in respect of the quarter ended 31 March 2014 as follows: An aggregate amount of 67.13000 cents (R0.67130) per Satrix Resi security constituted as follows: Net Local dividend per security (1) 0.84112 Dividend withholding tax on local 0.14843 dividend (15%) Net Foreign dividend per security 55.87580 (2) Dividend withholding tax on foreign 9.86044 dividend (15%) Interest 0.02260 Other 0.38161 TOTAL DISTRIBUTION 67.13000 1 NET LOCAL DIVIDEND Gross dividend (cents per security) 0.98955 Dividend withholding tax (15% on -0.14843 taxable dividend) Net dividend per security 0.84112 2 NET FOREIGN DIVIDEND (Foreign-dual listed shares) Gross dividend (cents per security) 65.73624 Dividend withholding tax (15% on -9.86044 taxable dividend) Net dividend per security 55.87580 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 Thursday, 10 April 2014 to all holders of Satrix Resi securities recorded in the register on Friday, 28 March 2014. 4 April 2014 Sponsor: Vunani Corporate Finance Date: 04/04/2014 02:21:00 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.