THE DB X-TRACKER COL INVEST SCHEME - Distribution Announcement - Six Months Ended 31 December 2014 - DBXWD

Distribution Announcement - Six Months Ended 31 December 2014 - DBXWD

db x-trackers MSCI World Index ETF
JSE code: DBXWD
ISIN: ZAE000115184
(“dbx World”)

A portfolio in the db x-trackers Collective Investment Scheme in Securities, registered as such in
terms of the Collective Investment Schemes Control Act, 45 of 2002.

DISTRIBUTION ANNOUNCEMENT – SIX MONTHS ENDED 31 DECEMBER 2014

The manager and trustee have resolved to make a distribution to holders of dbx World securities
recorded in the register on Wednesday, 24 December 2014 in respect of the six months ended 31
December 2014.

Details of the distribution are set out below:

-    The net distribution payable to holders will be an amount in ZAR equivalent to USD
     0.00721 (zero point seven two one cents) per dbx World security (the “USD
     distribution amount”).
-    The USD distribution amount will be converted to ZAR at the exchange rate prevailing
     on or about Wednesday, 21 January 2015, details of which will be released on SENS on
     or about Thursday, 22 January 2015.
-    The distribution will be paid to holders on or about Tuesday, 27 January 2015.

The USD distribution amount (which represents a pro rata portion of the distributable income of the
portfolio) has been calculated after deduction of any foreign withholding tax payable by db x-
trackers on dividends. Foreign withholding tax as a percentage of gross foreign dividends is equal to
13.51%. The USD distribution amount of USD 0.00721 per dbx World security is calculated as
follows:

-    Gross foreign dividends of USD 0.01613 (one point six one three cents);
-    Less: Foreign Withholding tax of USD 0.00218 (zero point two one eight cents);
-    Plus: Equalisation of USD 0.00039 (zero point zero three nine cents);
-    Less: Other income of USD 0.00167 (zero point one six seven cents);
-    Less: Management fee of USD 0.00546 (zero point five four six cents).

All income derived is foreign in nature.

The information set out above is published for information purposes only.

Holders should contact their tax advisers with regard to the applicable tax treatment of the USD
distribution amount and the withholding tax.

19 January 2015

Manager
db x-trackers (Proprietary) Limited
Trustee
The Standard Bank of South Africa Limited
Sponsor
Vunani Corporate Finance

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