GRINDROD INDEX TRACKER MAN RF PTY LTD - Distribution Finalisation Announcement - Preftx

Release Date: 08/10/2014 16:13
Code(s): PREFTX
 
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Distribution Finalisation Announcement - Preftx

Grindrod PrefTrax
(formerly PrefTrax)
Share code: PREFTX ISIN: ZAE000185658
("PrefTrax")

A portfolio in the Grindrod Index Tracker Collective Investment Scheme
(formerly Property Index Tracker Collective Investment 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)


DISTRIBUTION FINALISATION ANNOUNCEMENT


Holders of PrefTrax securities are advised that a distribution will be made
in respect of the quarter ended 30 September 2014.

The distribution of 24.77056 cents per PrefTrax Security will be comprised
as follows:


Dividend (local) (to be taxed at 15%)(gross)         20.14486 cents
Dividends Withholding Tax (15%)                       3.02173 cents
Resultant net dividend                               17.12313 cents

Dividend (local) (subject to STC credits of 15%
i.e. exempt from tax) (gross)                        4.39542 cents
STC Credits                                          4.39542 cents
Resultant net dividend                               4.39542 cents


Interest                                             0.23028 cents


The distribution will be made to all holders of PrefTrax securities who
were recorded in the register on 26 September 2014 and will be paid on 13
October 2014.

8 October 2014

Sponsor
Grindrod Bank Limited

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