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 Date: 29/06/2016 10:43:00 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.