STANLIB COLLECTIVE INVESTMENTS LTD - Distribution Announcement -STPROP

Distribution Announcement -STPROP

STANLIB SA PROPERTY ETF
(being a portfolio under the STANLIB ETF Collective Investment
Scheme registered in the Republic of South Africa in terms of
Collective Investment Schemes Control Act, 45 of 2002
(“CISCA”))
Share Code: STPROP
Abbreviated Name: STANPROP
ISIN: ZAE000175576
("STANPROP")

DISTRIBUTION ANNOUNCEMENT

Holders of STANPROP securities ("Securities Holders") are
referred to the announcement dated Monday, 30 September 2015
setting out details of a possible quarterly distribution by the
ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the
STANLIB ETF Collective Investment Scheme (“the Manager”) has
resolved to make a quarterly distribution to Securities Holders
for the quarter ended 30 September 2015 ("the Distribution") in
an amount of 69.01000 cents per STANPROP ETF security. The
distribution will be constituted as follows:

Gross Dividend (foreign-dual)to be taxed      :   9.71000 cents
SA tax applicable (15%)                       :   1.45650 cents
Net Dividend                                  :   8.25350 cents

Gross REIT Distribution                       :   58.73000 cents
(No Dividend Withholding Tax deducted for
SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)         :   8.80950 cents
Net dividend                                  :   49.9205 cents

Interest Payment (paid on cash held in bank
account, no WTI applicable)                   :   0.57000 cents

The Security Holders (Residents) who are not exempt from
dividend tax will receive the Net Dividend of 8.25350 cents per
security as well as REIT Distribution of 58.73 cents.

Income Tax number:   9046217239

The Distribution will be made to all Securities Holders recorded
in the register on Friday, 25 September 2015 and will be paid on
Friday, 9 October 2015.
Johannesburg
18 September 2015

Sponsor
The Standard Bank of South Africa Limited

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