STANLIB COLLECTIVE INVESTMENTS LTD - Distribution announcement - STANPROP

Distribution announcement - STANPROP

STANLIB SA PROPERTY ETF ("STANPROP")(being a portfolio under the STANLIB ETF
Collective Investment Scheme registered in the Republic of South Africa in
terms of Collective Investment Schemes Control Act, 45 of 2002
(“CISCA”))
Share Code: STPROP
Abbreviated Name: STANPROP
ISIN: ZAE000175576
("STANPROP")

DISTRIBUTION ANNOUNCEMENT

Holders of STANPROP securities ("Securities Holders") are referred to the
announcement dated Friday, 30 May 2014 setting out details of a possible
quarterly distribution by the ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the STANLIB ETF
Collective Investment Scheme (“the Manager”) has resolved to make a quarterly
distribution to Securities Holders for the quarter ended 30 June 2014 ("the
Distribution") in an amount of 118.27000 cents per STANPROP ETF security. The
distribution will be constituted as follows:

Gross Dividend(local to be taxed)   :       0.01000   cents
STC credits                         :       0.01000   cents
Local Tax    (15%)                  :       0.00000   cents
Net dividend                        :       0.01000   cents

Gross REIT Distribution                   :     105.66000 cents
(No Dividend Withholding Tax deducted for SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)     :     15.84900 cents
Net dividend                              :     89.81100 cents

Capital Payment(local)                      :     6.13000 cents

Interest Payment                            :     6.47000 cents

The Distribution will be made to all Securities Holders recorded in the
register on Friday, 27 June 2014 and will be paid on Friday, 11 July
2014.

Johannesburg
23 June 2014

Sponsor
The Standard Bank of South Africa Limited

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