Rebalancing of the Satrix Indi Portfolio - STXIND SATRIX INDI PORTFOLIO JSE code: STXIND ISIN code: ZAE000036364 ("Satrix Indi" or the “ETF”) A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 REBALANCING OF THE SATRIX INDI PORTFOLIO Notice is hereby given that the quarterly review of the Satrix Indi has resulted in a rebalancing of the Satrix Indi. There have been changes to the Satrix Indi constituents and the weightings of such constituents. The complete list of current constituents and their respective weightings have been included in the table below: Previous New Code Share Name weight weight APN Aspen Pharmacare Holdings Ltd 3.64% 3.62% BTI British American Tobacco plc 5.65% 5.61% BVT The Bidvest Group Ltd 2.82% 2.80% CFR Compagnie Financière Richemont SA 15.58% 15.48% IPL Imperial Holdings Ltd 0.91% 0.91% KIO Kumba Iron Ore Ltd 0.42% 0.41% LHC Life Healthcare Group Holdings Ltd 1.20% 1.19% MDC Mediclinic International Ltd 1.27% 1.27% MND Mondi Ltd 0.66% 0.66% MNP Mondi plc 2.07% 2.06% MPC Mr Price Group Ltd 1.58% 1.60% MSM Massmart Holdings Ltd 0.44% 0.00% MTN MTN Group Ltd 11.43% 11.36% NPK Nampak Ltd 0.76% 0.76% NPN Naspers Ltd 15.79% 15.70% NTC Netcare Limited 1.62% 1.61% PIK Pik n Pay Stores Ltd 0.34% 0.00% REM Remgro Ltd 3.57% 3.55% SAB SABMiller plc 17.57% 17.47% SHF Steinhoff International Holdings Ltd 4.35% 4.38% SHP Shoprite Holdings Ltd 2.12% 2.11% TBS Tiger Brands Ltd 1.65% 1.64% TRU Truworths International Ltd 0.94% 0.93% TSH Tsogo Sun Holdings Ltd 0.39% 0.39% VOD Vodacom Group Ltd 1.25% 1.24% WHL Woolworths Holdings Ltd 1.98% 1.93% TKG Telkom SA SOC Ltd 0.00% 0.62% TFG The Foschini Group Ltd 0.00% 0.70% 100.00% 100.00% The following constituents have been added to the Satrix Indi: Previous New Code Share Name weight weight TKG Telkom SA SOC Ltd 0.00% 0.62% TFG The Foschini Group Ltd 0.00% 0.70% The following constituents have been removed from the Satrix Indi: Previous New Code Share Name weight weight MSM Massmart Holdings Ltd 0.44% 0.00% PIK Pick n Pay Stores Ltd 0.34% 0.00% These changes were applied after the close of business on 19 December and are effective from 22 December. Sandton 24 December 2014 Sponsor Vunani Corporate Finance Date: 24/12/2014 08:54:00 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.