Distribution Finalisation Announcement - DIVTRX CoreShares DivTrax Share code: DIVTRX ISIN: ZAE000190104 ("DivTrax") A portfolio in the CoreShares Index Tracker Collective Investment Scheme registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker Managers (RF) Proprietary Limited DISTRIBUTION FINALISATION ANNOUNCEMENT Holders of DivTrax securities are advised that a distribution will be made in respect of the quarter ended 31 December 2015. The distribution of 16.01154 cents per DivTrax Security will be comprised as follows: Dividend (local) (to be taxed at 15%)(gross) 14.77084 cents Dividends Withholding Tax (15%) 2.21563 cents Resultant net dividend 12.55521 cents Dividend (foreign) (to be taxed at 15%)(gross) 0.60076 cents Dividends Withholding Tax (15%) 0.09011 cents Resultant net dividend 0.51065 cents Dividend (foreign) (already taxed at greater than SA 15% Dividends 0.63994 cents Withholding Tax) (gross) Dividends Withholding Tax ibn South Africa (N/A) 0.00000 cents Resultant net dividend 0.63994 cents The distribution will be made to all holders of DivTrax securities who were recorded in the register on 31 December 2015 and will be paid on 21 January 2016. 18 January 2016 Sponsor Grindrod Bank Limited Date: 18/01/2016 03:34:00 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.