SATRIX COLLECTIVE INVESTMENT SCHEME - Additional Distribution Finalisation Announcement Quarter Ended 31 March 2015 - STXRES

Additional Distribution Finalisation Announcement – Quarter Ended 31 March 2015 - STXRES

Satrix Managers (RF) (Pty) Ltd
SATRIX RESI PORTFOLIO
JSE Code: STXRES
ISIN: ZAE000078622
("Satrix Resi")

A portfolio in the Satrix Collective Investment Scheme, registered as such
in terms of the Collective Investment Schemes Control Act, 45 of 2002

ADDITIONAL DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 31 MARCH
2015

The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank),
respectively, have declared an additional distribution to holders of Satrix
Resi securities recorded in the register on Friday, 27 March 2015 in
respect of the quarter ended 31 March 2015 as follows:

An aggregate amount of 28.35 cents (R0.2835) per Satrix Resi security
constituted as follows:

     Net Foreign dividend per security (1)                           24.09750
     Dividend withholding tax on foreign dividend (15%)               4.25250
     TOTAL DISTRIBUTION                                              28.35000



1    NET FOREIGN DIVIDEND (Foreign-dual listed shares)

     Gross dividend (cents per security)                             28.35000
     Dividend withholding tax (15% on taxable dividend)          -    4.25250
     Net dividend per security                                       24.09750


The additional distribution is as a result of a dividend that had accrued
but had not yet settled as at 27 March 2015. The distribution date as
disclosed in the first distribution announcement released on SENS on 21
April 2015, was 29 April 2015. The additional distribution as detailed
above will be paid on 7 May 2015.

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.
The last date to trade Satrix Resi securities “cum” the additional
distribution was Friday, 20 March 2015. The Satrix Resi securities traded
“ex” the additional distribution on Monday, 23 March 2015.

Payment will be effected on 7 May 2015 to all holders of Satrix Resi
securities recorded in the register on Friday, 27 March 2015.

30 April 2015

Sponsor:
Vunani Corporate Finance

Date: 30/04/2015 05:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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