THE DB X-TRACKER COL INVEST SCHEME - Distribution Announcement Six Months Ended 31 December 2016 - DBXEU

Distribution Announcement – Six Months Ended 31 December 2016 - DBXEU

The db X-trackers Collective Investment Scheme
db x-trackers DJ Euro Stoxx 50 Index ETF
JSE code: DBXEU
ISIN: ZAE000115937
(“dbx Euro 50”)

A portfolio in the db X-trackers Collective Investment Scheme in Securities, registered as such in terms of the
Collective Investment Schemes Control Act, 45 of 2002.

DISTRIBUTION ANNOUNCEMENT – SIX MONTHS ENDED 31 DECEMBER 2016

The manager and trustee have resolved to make a distribution to holders of dbx Euro 50 securities recorded in
the register on Friday, 30 December 2016 in respect of the six months ended 31 December 2016.

Details of the distribution are set out below:

    -       The net distribution payable to holders will be an amount in ZAR equivalent to EUR 0.00650 (zero
            point six five zero cents) per dbx Euro 50 security (the “EUR distribution amount”).
    -       The EUR distribution amount will be converted to ZAR at the exchange rate prevailing on 20
            January 2017, details of which will be released on SENS on 24 January 2017.
    -       The distribution will be paid to holders on 26 January 2017.

The EUR distribution amount (which represents a pro rata portion of the distributable income of the portfolio)
has been calculated after deduction of any foreign withholding tax payable by db x-trackers on dividends.
Foreign withholding tax as a percentage of gross foreign dividends is equal to 24.87%. The EUR distribution
amount of EUR 0.00650 per dbx Euro 50 security is calculated as follows:

    -    Gross foreign dividends of EUR 0.02824 (two point eight two four cents);
    -    Less: Foreign Withholding tax of EUR 0.00702 (zero point seven zero two cents);
    -    Less: Equalisation of EUR 0.00057 (zero point zero five seven cents);
    -    Less: Interest of EUR 0.00002 (zero point zero zero two cents);
    -    Less: Management fee of EUR 0.01412 (one point four one two cents);
    -    Less: Foreign exchange loss of EUR 0.00001 (zero point zero zero one cents).

All income derived is foreign in nature and does not include any manufactured dividends.

The information set out above is published for information purposes only.

Holders should contact their tax advisers with regard to the applicable tax treatment of the EUR distribution
amount and the withholding tax.

18 January 2017

Manager
db x-trackers (Proprietary) Limited
Trustee
The Standard Bank of South Africa Limited
Sponsor
Vunani Corporate Finance

Date: 18/01/2017 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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