Index Change Advice – 20170104 Pivotal Fund Ltd Acquisition by Redefine Properties Redefine Properties (South Africa): Acquisition of Pivotal Fund Ltd (South Africa) FTSE/JSE Africa Index Series 28 December 2016 Subject to the completion of the acquisition of Pivotal Fund Ltd (South Africa, constituent) by Redefine Properties (South Africa, constituent), please see details of affected indexes and effective dates below: Effective From Index Change Start of Trading FTSE/JSE Top 40 (J200) Redefine Properties (South Africa, 04 January 2017 ZAE000190252, BMP3858) will remain in the index with an increased shares in issue total of 5,521,308,685 and a decreased investability weighting of 88%. FTSE/JSE Small Cap (J202) Pivotal Fund Ltd (ZAE000196440, 04 January 2017 BT6SY75) will be deleted from the index. Echo Polska Properties NV (NL0011983374, BD5NFS7) will remain in the index with an unchanged shares in issue total of 586,051,292 and an increased investability weighting of 33%. FTSE/JSE All Share (J203) Redefine Properties will remain in the 04 January 2017 index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. FTSE/JSE Large Cap Index (J205) Redefine Properties will remain in the 04 January 2017 index as detailed above. FTSE/JSE Large and Mid Cap Index Redefine Properties will remain in the 04 January 2017 (J206) index as detailed above. FTSE/JSE Financial 15 (J212) Redefine Properties will remain in the 04 January 2017 index as detailed above. FTSE/JSE Financial & Industrial 30 Redefine Properties will remain in the 04 January 2017 (J213) index as detailed above. FTSE/JSE Equally Weighted Top 40 Redefine Properties will remain in the 04 January 2017 Index (J2EQ) index as detailed above. Effective From Index Change Start of Trading FTSE/JSE Equally Weighted Redefine Properties will remain in the 04 January 2017 Financial 15 Index (J4EQ) index as detailed above. FTSE/JSE SA Listed Property (J253) Redefine Properties will remain in the 04 January 2017 index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. Delta Property Fund (South Africa, ZAE000194049, BSXNB19) will be added to the index with a shares in issue total of 710,632,182 and an investability weighting of 75%. FTSE/JSE Capped Property (J254) Redefine Properties will remain in the 04 January 2017 index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. FTSE/JSE RAFI All Share Index Redefine Properties will remain in the 04 January 2017 (J263) index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. FTSE/JSE RAFI All Share Capped Redefine Properties will remain in the 04 January 2017 Index (J283) index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. FTSE/JSE Capped Top 40 (J300) Redefine Properties will remain in the 04 January 2017 index as detailed above. FTSE/JSE Capped All Share (J303) Redefine Properties will remain in the 04 January 2017 index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. Effective From Index Change Start of Trading FTSE/JSE Style (J330 and J331) Redefine Properties will remain in the 04 January 2017 index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. FTSE/JSE RAFI 40 (J260) Redefine Properties will remain in the 04 January 2017 index as detailed above. FTSE/JSE Shareholder Weighted All Redefine Properties will remain in the 04 January 2017 Share (J403) index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. FTSE/JSE Shareholder Weighted Redefine Properties will remain in the 04 January 2017 Top 40 (J400) index as detailed above. FTSE/JSE Shareholder Weighted Redefine Properties will remain in the 04 January 2017 Financial 15 Index (JSZ2) index as detailed above. FTSE/JSE Shareholder Weighted Redefine Properties will remain in the 04 January 2017 Financial & Industrial 30 Index index as detailed above. (JSZ3) FTSE/JSE Responsible Investment Redefine Properties will remain in the 04 January 2017 (J113) index as detailed above. FTSE/JSE Capped Shareholder Redefine Properties will remain in the 04 January 2017 Weighted Top 40 Index (J430) index as detailed above. FTSE/JSE Capped Shareholder Redefine Properties will remain in the 04 January 2017 Weighted All Share Index (J433) index as detailed above. Echo Polska Properties NV will remain in the index as detailed above. Pivotal Fund Ltd will be deleted from the index. For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 3581 2764 London +44 (0) 20 7866 1810 New York +1866 551 0617 JSE Limited +27 11 520 7137 Alternatively please visit our website at www.ftserussell.com or www.ftsejse.co.za Terms of Use | Copyright © 2016 FTSE Russell Date: 28/12/2016 05:28:00 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. 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