STXSWX - Distribution Finalisation Announcement - Quarter Ended 30 June 2014 - STXSWX SATRIX SWIX TOP 40 PORTFOLIO JSE code: STXSWX ISIN code: ZAE000078580 ("Satrix Swix Top 40") 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 30 JUNE 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 Swix Top 40 securities recorded in the register on Friday, 27 June 2014 in respect of the quarter ended 30 June 2014 as follows: An aggregate amount of 8.46000 cents (R0.08460) per Satrix Swix Top 40 security constituted as follows: Net Local dividend per security (1) 6.14401 Dividend withholding tax on local 1.05128 dividend (15%) Net Foreign dividend per security (2) 0.62387 Dividend withholding tax on foreign 0.11010 dividend (15%) Foreign Dividend (0% SA Tax) (3) 0.10649 REIT Distribution 0.35668 Interest 0.01919 Other 0.04838 TOTAL DISTRIBUTION 8.46000 1 NET LOCAL DIVIDEND Gross dividend (cents per security) 7.19529 Gross STC credits -0.18675 7.00854 Dividend withholding tax (15% on -1.05128 taxable dividend) Gross dividend (cents per security) 7.19529 Dividend withholding tax (15% on -1.05128 taxable dividend) Net dividend per security 6.14401 2 NET FOREIGN DIVIDEND (Foreign-dual listed shares) Gross dividend (cents per security) 0.73397 Dividend withholding tax (15% on -0.11010 taxable dividend) Net dividend per security 0.62387 3 NET FOREIGN DIVIDEND NOT TAXED (S64N rebate) Gross Dividend 0.15331 Foreign Dividends withholding tax (20%) -0.03066 Gross Dividend received by portfolio 0.12265 Less portfolio costs -0.01616 Distributable dividend 0.10649 SA Dividend withholding tax Gross dividend 0.15331 Less portfolio costs -0.01616 0.13715 SA DWT 0.02057 SA tax 0.02057 cents (15%) will not be deducted as foreign dividend withholding tax has already been deducted (SECTION 64N). 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, 18 July 2014 to all holders of Satrix Swix Top 40 securities recorded in the register on Friday, 27 June 2014. 11 July 2014 Sponsor: Vunani Corporate Finance Date: 11/07/2014 08:01:00 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.