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STANLIB COLLECTIVE INVESTMENTS LIMITED - Distribution Announcement - STPROP

Release Date: 29/06/2016 10:43
Code(s): STPROP     PDF:  
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Distribution Announcement - STPROP

STANLIB SA PROPERTY ETF ("STANPROP")(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")
Income Tax number: 9046217239


DISTRIBUTION ANNOUNCEMENT

Holders of STANPROP securities ("Securities Holders") are referred to the
announcement dated Thursday, 02 June 2016 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 June 2016 ("the
Distribution") in an amount of 113.50000 cents per STANPROP ETF security. The
distribution will be constituted as follows:

Gross Dividend(foreign-dual)to be taxed     :   1.14000 cents
SA tax applicable             (15   %)      :   0.17100 cents
Net Dividend                                :   0.96900 cents

Gross REIT Distribution                   :    110.46000 cents
(No Dividend Withholding Tax deducted for SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)     :      16.56900 cents
Net dividend                              :      93.89100 cents

Interest Payment(paid on cash held in bank account, no WTI
applicable)                               :     1.90000 cents

The Security Holders(Residents) who are not exempt from dividend tax will
receive the Net Dividend of 0.96900 cents per security as well as REIT
Distribution of 110.46000 cents.

The Distribution will be made to all Securities Holders recorded in the
register on Friday, 01 July 2016 and will be paid on Monday, 18 July
2016.

Johannesburg
29 June 2016

Sponsor
The Standard Bank of South Africa Limited

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