Distribution Announcement - STANSX STANLIB SWIX 40 FUND ("STANLIBSX")(being a portfolio under the STANLIB ETF CIS registered in the Republic of South Africa in terms of CISCA) Share Code: STANSX Abbreviated Name: STANLIBSX ISIN: ZAE000182424 ("STANLIBSX") Income Tax number: 9003830230 DISTRIBUTION ANNOUNCEMENT Holders of STANLIBSX securities ("Securities Holders") are referred to the announcement dated Friday, 03 March 2017 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 31 March 2017 ("the Distribution") in an amount of 9.76000 cents per STANLIBSX ETF security. The distribution will be constituted as follows: Gross Dividend (local to be taxed) : 4.58000 cents Local Tax (20%) : 0.91600 cents Net dividend : 3.66400 cents Gross Dividend(foreign-dual)to be taxed : 1.49000 cents SA tax applicable (20 %) : 0.29800 cents Net Dividend : 1.19200 cents Interest(paid on cash held in bank account, no WTI applicable) : 0.33000 cents Other income (scrip lending income) : 3.36000 cents (Taxed at individual’s income tax rate, no WTI applicable) The Security Holders (Residents) who are not exempt from dividend tax will receive the Net Dividend of 4.85600 cents per security. The Distribution will be made to all Securities Holders recorded in the register on Friday, 07 April 2017 and will be paid on Friday, 21 April 2017. Johannesburg 05 April 2017 Sponsor The Standard Bank of South Africa Limited Date: 05/04/2017 04:06:00 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.