CANCELLATION OF S373216 Distribution Finalisation Announcement Ashburton Top 40 ETF (Formerly RMB Top 40 Exchange Traded Fund) A portfolio in the Ashburton Collective Investment Scheme (“the portfolio”) registered in terms of the Collective Investment Schemes Control Act, 45 of 2002 Share Code: ASHT40 ISIN: ZAE000215364 (“ASHTOP40”) DISTRIBUTION FINALISATION ANNOUNCEMENT Following the previous announcement detailing a possible quarterly distribution by Ashburton Top 40 ETF to holders of Ashburton Top 40 ETF Securities, the manager and trustees (namely ASHBURTON Management Company RF Proprietary Limited and Standard Chartered Bank) have resolved to make a quarterly distribution to holders of Ashburton Top 40 securities for the quarter ended 30 June 2016. The distribution will amount to 23.64 cents (R 0.2364) per Ashburton Top 40 security and is constituted as follows: Local dividend per security: - Gross local dividend of 23.64 cents (R 0.2364) per security to holders who are exempt from Dividends Tax - Net local dividend of 20.094 cents (R 0.2009) per security to holders who are not exempt from Dividends Tax Foreign dividend per security: - No foreign dividends are included in the distribution for the period under consideration. Payment will be effected on 11 July 2016 to all holders of Ashburton Top 40 ETF securities recorded in the register on 08 July 2016. Additional information: The dividend distribution as outlined above is subject to the Dividends Tax that was introduced with effect from 1 April 2012. The dividend, as defined in the Income Tax Act of 1962, is payable from dividends accumulated in the fund. The South African Dividend Tax rate of 15% has been applied to both local and foreign dividends. There are 15 000 000 Ashburton Top 40 ETF securities in issue. The total dividend amount payable is R 3 546 000. Ashburton Top 40 ETF Income Tax number is 2144/830/14/4. A copy of the ETF issue document can be found at http://www.ashburtoninvestments.com/za/individual- investor/investment-range/exchange-traded-funds/ashburton-top-40-etf 24 June 2016 Johannesburg Sponsor: Bridge Capital Advisors Proprietary Limited Date: 24/06/2016 05:34:59 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.