Distribution Finalisation Announcement - PTXSPY CoreShares Index Tracker Managers (RF) Proprietary Limited CoreShares PropTrax SAPY Share code: PTXSPY ISIN: ZAE000101911 ("PropTrax SAPY") 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 PropTrax SAPY securities are advised that a distribution will be made in respect of the quarter ended 30 September 2016. The distribution of 119.72399 cents per PropTrax SAPY security will be comprised as follows: Dividend (local) (to be taxed at 15%) (gross) 0.06244 cents Dividends Withholding Tax (15%) 0.00937 cents Resultant net dividend 0.05307 cents Gross REIT Distribution 101.91587 cents (No Dividend Withholding Tax deducted for SA resident securities holders) Non-residents: Local Dividends withholding Tax (15%) 15.28738 cents Net dividend 86.62849 cents Dividend (foreign) (to be taxed at 15%)(gross) 15.42288 cents Dividends Withholding Tax (15%) 2.31343 cents Resultant net dividend 13.10945 cents Interest 2.32280 cents The distribution will be made to all holders of PropTrax SAPY securities who were recorded in the register on 30 September 2016 and will be paid on 20 October 2016. 17 October 2016 Sponsor Grindrod Bank Limited Date: 17/10/2016 05:30:00 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.