SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement - Quarter Ended 30 September 2014 - STXIND

Distribution Finalisation Announcement - Quarter Ended 30 September 2014 - STXIND

SATRIX INDI PORTFOLIO
JSE code: STXIND
ISIN code: ZAE000036364
("Satrix Indi")

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 SEPTEMBER 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 Indi
securities recorded in the register on Friday, 26 September 2014 in respect
of the quarter ended 30 September 2014 as follows:

An aggregate amount of 44.53000 cents (R0.44530) per Satrix Indi security
constituted as follows:

     Net Local dividend per security (1)         33.87370
     Dividend withholding tax on local               5.97598
     dividend (15%)
     Net Foreign dividend per security (2)           3.54371
     Dividend withholding tax on foreign             0.62536
     dividend (15%)
     Interest                                     0.15416
     Other (Scrip lending income)                 0.35709
     TOTAL DISTRIBUTION                          44.53000

 1   NET LOCAL DIVIDEND
     Gross dividend (cents per security)         39.84968
     Gross STC credits                           -0.00984
                                                 39.83984


     Dividend withholding tax (15% on            -5.97598
     taxable dividend)

     Gross dividend (cents per security)         39.84968
     Dividend withholding tax (15% on            -5.97598
     taxable dividend)
     Net dividend per security                  -33.87370

2    NET FOREIGN DIVIDEND (Foreign-dual
     listed shares)
     Gross dividend (cents per security)             4.16907
     Dividend withholding tax (15% on            -0.62536
     taxable dividend)
     Net dividend per security                       3.54371

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 16 October 2014 to all holders of Satrix Indi
securities recorded in the register on Friday, 26 September 2014.

09 October 2014

Sponsor:
Vunani Corporate Finance

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