Distribution and Re-investment Announcement for September 2014 and Salient Dates for October 2014 - STXRAF SATRIX RAFI 40 JSE code: STXRAF ISIN: ZAE000126033 A portfolio in the Satrix Collective Investment Scheme (“Satrix”), registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR SEPTEMBER 2014 AND SALIENT DATES FOR OCTOBER 2014 Investors are advised that the Manager and Trustee of Satrix (being Satrix Managers (RF) Proprietary Limited and Standard Chartered Bank, respectively) have declared a distribution to holders of Satrix RAFI 40 securities recorded in the register on Friday, 26 September 2014 in respect of the month of September 2014 as follows: An aggregate amount of 8.95000 cents (R0.08950) per Satrix RAFI 40 security constituted as follows: Net Local dividend per security (1) 3.68806 Dividend withholding tax on local 0.65060 dividend (15%) Net Foreign dividend per security (2) 3.60943 Dividend withholding tax on foreign 0.63696 dividend (15%) REIT Income (4) 0.36458 Interest 0.00037 TOTAL DISTRIBUTION 8.95000 1 NET LOCAL DIVIDEND Gross dividend (cents per security) 4.33866 Gross STC credits -0.00133 4.33733 Dividend withholding tax (15% on -0.65060 taxable dividend) Gross dividend (cents per security) 4.33866 Dividend withholding tax (15% on -0.65060 taxable dividend) Net dividend per security 3.68806 2 NET FOREIGN DIVIDEND (Foreign-dual listed shares) Gross dividend (cents per security) 4.24639 Dividend withholding tax (15% on -0.63696 taxable dividend) Net dividend per security 3.60943 4 REIT DIVIDEND Gross REIT Dividend 0.36458 Dividend Withholding tax -0.05469 (No dividend tax applicable to foreign holders) Net REIT Dividend 0.30989 No dividend tax is applicable for SA resident securities holders on the REIT dividend. Dividend tax of 15 % is applicable for non-resident shareholders on the REIT dividend. 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 made in respect of holders recorded in the register on Friday, 26 September 2014 (the “record date”) and be effected on 16 October 2014. In accordance with the investment policy of Satrix RAFI 40 the distribution (excluding the dividends tax as detailed above) will be re- invested on behalf of investors through the purchase of securities comprising the FTSE/JSE RAFI 40 Index in accordance with the calculation methodology of the total return version of this Index, thereby increasing the net asset value of Satrix RAFI 40 and, proportionately, each Satrix RAFI 40 security. The distribution (excluding the dividend tax as detailed above) will: - where Satrix RAFI 40 securities are held on capital account be added to the base cost of each Satrix RAFI 40 security for capital gains tax purposes; or - where Satrix RAFI 40 securities are held as trading stock be regarded as part of the cost of acquiring a Satrix RAFI 40 security. SALIENT DATES FOR OCTOBER 2014: Notice is hereby given that the following dates are of importance in regard to a possible monthly distribution for the month of October 2014 by the ETF to holders of Satrix Rafi 40 securities: Last day to trade “cum” distribution: Friday, 24 October 2014 Securities trade “ex” distribution: Monday, 27 October 2014 Record date: Friday, 31 October 2014 Announcement of distribution amount Friday, 7 November 2014 for October 2014, together with salient dates for November 2014 by: Sandton 09 October 2014 Sponsor: Vunani Corporate Finance Manager: Satrix Managers (RF) Proprietary Limited Date: 09/10/2014 02:33:00 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.