STXFIN - Distribution Finalisation Announcement - Quarter Ended 30 June 2014 SATRIX FINI PORTFOLIO JSE code: STXFIN ISIN Code: ZAE000036356 ("Satrix Fini") 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 Fini securities recorded in the register Friday, 27 June 2014 in respect of the quarter ended 30 June 2014 as follows: An aggregate amount of 27.77000 cents (R0.27770) per Satrix Fini security constituted as follows: Net Local dividend per security (1) 15.46881 Dividend withholding tax on local 2.72903 dividend (15%) Net Foreign dividend per security (2) 5.35080 Dividend withholding tax on foreign 0.94426 dividend (15%) Foreign Dividend (0% SA Tax) (3) 1.16972 REIT Distribution 1.99947 Other 0.10791 TOTAL DISTRIBUTION 27.77000 1 NET LOCAL DIVIDEND Gross dividend (cents per security) 18.19784 Gross STC credits -0.00428 18.19356 Dividend withholding tax (15% on -2.72903 taxable dividend) Gross dividend (cents per security) 18.19784 Dividend withholding tax (15% on -2.72903 taxable dividend) Net dividend per security 15.46881 2 NET FOREIGN DIVIDEND (Foreign-dual listed shares) Gross dividend (cents per security) 6.29506 Dividend withholding tax (15% on -0.94426 taxable dividend) Net dividend per security 5.35080 3 NET FOREIGN DIVIDEND NOT TAXED (S64N rebate) Gross Dividend 1.81769 Foreign Dividends withholding tax (20%) -0.36354 Gross Dividend received by portfolio 1.45415 Less portfolio costs -0.28443 Distributable dividend 1.16972 SA Dividend withholding tax Gross dividend 1.81769 Less portfolio costs -0.28443 1.53326 SA DWT 0.22999 SA tax 0.22999 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 Fini securities recorded in the register on Friday, 27 June 2014. 11 July 2014 Sponsor: Vunani Corporate Finance Date: 11/07/2014 08:03:00 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.