Distribution Finalisation Announcement - PREFTX CoreShares PrefTrax Share code: PREFTX ISIN: ZAE000185658 ("PrefTrax") 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 PrefTrax securities are advised that a distribution will be made in respect of the quarter ended 30 June 2016. The distribution of 16.34752 cents per PrefTrax Security will be comprised as follows: Dividend (local) (to be taxed at 15%)(gross) 14.85869 cents Dividends Withholding Tax (15%) 2.22880 cents Resultant net dividend 12.62989 cents Dividend (foreign) (to be taxed at 15%)(gross) 1.48883 cents Dividends Withholding Tax (15%) 0.22332 cents Resultant net dividend 1.26551 cents The payment has been delayed beyond the 14 business day deadline as communicated through SENS on the 1st of June, “Distribution Announcement – Salient Dates”. This was a special request from the JSE as a result of the change to T+3 settlement. The distribution will be made to all holders of PrefTrax securities who were recorded in the register on 24 June 2016 and will be paid on 22 July 2016. 12 July 2016 Sponsor Grindrod Bank Limited Date: 12/07/2016 03:44:00 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.