Distribution announcement - salient dates Grindrod PropTrax SAPY (formerly PropTrax SAPY) Share code: PTXSPY ISIN: ZAE000101911 ("PropTrax SAPY") Grindrod PropTrax Ten (formerly PropTrax Ten) Share code: PTXTEN ISIN: ZAE000155362 ("PropTrax TEN") Grindrod PrefTrax (formerly PrefTrax) Share code: PREFTX ISIN: ZAE000185658 ("PrefTrax") Grindrod DivTrax Share code: DIVTRX ISIN: ZAE000190104 ("DivTrax") Grindrod LowVolTrax Share code: LVLTRX ISIN: ZAE000190112 ("LowVolTrax") (collectively “the Portfolios”) in the Grindrod Index Tracker Collective Investment Scheme (formerly Property Index Tracker Collective Investment Scheme)(“the Scheme”) registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002, managed by Grindrod Index Tracker Managers (RF) Proprietary Limited (formerly Property Index Tracker Managers Proprietary Limited)(“the Manager”) DISTRIBUTION ANNOUNCEMENT - SALIENT DATES Notice is hereby given that the following dates are of importance in regard to a possible quarterly distribution to holders of securities in the Portfolios, for the quarter ending 30 June 2014: Last day to trade cum distribution: Friday, 20 June 2014 Securities trade ex-distribution: Monday, 23 June 2014 Record date: Friday, 27 June 2014 Declaration of the amount to be distributed (if any) and the payment date will be made within 14 business days after the record date. 29 May 2014 Sponsor Grindrod Bank Limited Date: 29/05/2014 04:07:00 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.