Result of the Vote in Respect of the Proposed Change in the Underlying Index of the Satrix Resi ETF Portfolio SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX RESI PORTFOLIO JSE Code: STXRES ISIN: ZAE000078622 ("Satrix Resi" 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 RESULT OF THE VOTE IN RESPECT OF THE PROPOSED CHANGE IN UNDERLYING INDEX OF THE SATRIX RESI ETF PORTFOLIO Holders of Satrix Resi securities are referred to the circular sent out by the Satrix Collective Investment Scheme on 15 April 2015 (“the Circular”) regarding the proposed change of the underlying index which the Satrix Resi tracks. Background to the change in underlying index Stipulations of Board Notice 90 (“BN 90”) of the Collective Investment Scheme Control Act, 2002 (“CISCA”) included conditions and limits in which securities may be included in a portfolio. In terms of section 3 (10) of BN 90, a manager may include in any index tracking portfolio (such as the Satrix RESI ETF Portfolio) securities issued by a company in the index, but limited to: 1. Up to 120% of that company’s weighting in the relevant index and, 2. The weighting of the securities in a particular company are subject to a maximum of 35% of the total market value of the portfolio (“35% Weighting Rule”). The Satrix RESI ETF Portfolio is therefore in breach of the 35% Weighting Rule as described in BN 90 and evidenced by the representation of BHP Billiton Plc. An exemption was obtained from the Financial Services Board allowing the Satrix RESI ETF Portfolio sufficient time to correct this breach. In this regard, the JSE Limited has since developed an index which captures the 35% Weighting Rule, namely the FTSE/JSE Capped Resource 10 Index. The purpose of the Circular was therefore to provide holders of Satrix Resi securities with this background as well as to obtain their vote in terms of whether they approve of the change allowing the Satrix RESI ETF Portfolio to track the new FTSE/JSE Capped Resource 10 Index. In order for the change of index to be implemented, as per paragraph 59.1 of the deed, 25% of the holders of issued Satrix Resi securities are required to vote in favour of the change. Results of the vote Holders of Satrix Resi securities have voted in favour of implementing the change that the Satrix RESI ETF Portfolio will no longer track the FTSE/JSE Resource 10 Index but will now track the FTSE/JSE Capped Resource 10 Index. The voting tallies are as follows: Responses received Votes in Votes of the total value favour of the against the No responses Total value of of the Portfolio proposed proposed received of (excluding Satrix the Portfolio amendments of amendments total value of Managers (RF) the total of the total Portfolio Proprietary responses responses Limited) received received Value 71 293 132 188 160 988 259 454 120 70 036 247 1 256 886 (Rand) Percentage 27.48% 72.52% 100% 98.24% 1.76% (%) Implementation of the change to the FTSE/JSE Capped Resource 10 Index It is envisioned that the change to the FTSE/JSE Capped Resource 10 Index will occur effective Monday, 22 June 2015. Holders of Satrix Resi securities are hereby informed that, once the above change has been implemented, there will be no effect on either the number of issued Satrix Resi securities, or the value of each Satrix Resi security. What will change is the index divisor which will only become known after the close on Friday 19 June 2015. A supplement to the offering circular, issued on 15 March 2006, shall be made available on the website of Satrix Collective Investment Scheme on www.satrix.co.za detailing the above changes. 19 June 2015 Sponsor Vunani Corporate Finance Date: 19/06/2015 04:40:00 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.