Distribution Finalisation Announcement - Quarter Ended 30 September 2015 - STX40 Satrix Managers (RF) (Pty) Ltd SATRIX 40 PORTFOLIO JSE code: STX40 ISIN code: ZAE000027108 ("Satrix 40") A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 30 SEPTEMBER 2015 The manager and trustees of the Satrix Collective Investment Scheme (being Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank), respectively, have declared a distribution to holders of Satrix 40 securities recorded in the register on Friday, 25 September 2015 in respect of the quarter ended 30 September 2015 as follows: An aggregate amount of 45.21 cents (R0.45210) per Satrix 40 security constituted as follows: Net Local dividend per security (1) 13.02081 Dividend withholding tax on local dividend (15%) 2.29779 Net Foreign dividend per security (2) 23.82681 Dividend withholding tax on foreign dividend (15%) 4.20473 REIT Income (3) 0.88833 Interest (positive cash balances)(a) 0.02627 Other (scrip lending income) 0.94526 TOTAL DISTRIBUTION 45.21000 1 NET LOCAL DIVIDEND Gross dividend (cents per security) 15.31860 Dividend withholding tax (15% on taxable dividend - 2.29779 Net dividend per security 13.02081 2 NET FOREIGN DIVIDEND (Foreign-dual listed shares) Gross dividend (cents per security) 28.03154 Dividend withholding tax (15% on taxable dividend) - 4.20473 Net dividend per security 23.82681 3 REIT INCOME Gross REIT Income 0.88833 Dividend withholding tax (15% - applicable to foreign holders) - 0.13325 Net REIT income 0.75508 No dividend tax is applicable for SA resident securities holders on the REIT income. Dividend tax of 15 % is applicable for non-resident shareholders on the REIT income. 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. Payment will be effected on 22 October 2015 to all holders of Satrix 40 securities recorded in the register on Friday, 25 September 2015. 15 October 2015 Sponsor: Vunani Corporate Finance Date: 15/10/2015 12:00:00 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.