Index Rebalancing - STPROP STANLIB SA PROPERTY ETF (being a portfolio under the STANLIB ETF Collective Investment Scheme registered in the Republic of South Africa in terms of Collective Investment Schemes Control Act, 45 of 2002 (CISCA) Share Code: STPROP ISIN: ZAE000175576 Abbreviated Name: STANPROP ("STANPROP") Index Rebalance Announcement Notice is hereby given that a quarterly review of the FTSE/JSE SAPY Index, has resulted in a rebalancing of the STANLIB SA PROPERTY ETF: The complete list of current constituents and their respective weightings have been included in the table below: Code Share Previous New weight weight APF ACCELERATE PROP FUND LTD 1.21% 1.23% ATT ATTACQ LTD 2.94% 2.86% AWA ARROWHEAD A 2.38% 2.33% DLT DELTA PROPERTY FUND LTD 1.24% 1.29% EMI EMIRA 1.49% 1.50% EPP ECHO POLSKA PROP N.V. 0.99% 0.93% FFA FORTRESS A 5.14% 5.23% FFB FORTRESS B 6.75% 6.84% GRT GROWTHPOINT 20.06% 19.79% HYP HYPROP 8.63% 8.67% IPF INVESTEC PROP 2.04% 1.99% MSP MAS REAL ESTATE INC. 1.21% 0.96% NEP NEW EUROPE PROP 9.07% 8.89% OCT OCTODEC 1.03% 1.10% RDF REDEFINE 14.54% 14.62% REB REBOSIS 1.67% 1.68% RES RESILIENT 8.74% 9.04% ROC ROCKCASTLE GLOBAL REAL ESTATE 3.39% 3.40% SAC SA CORPORATE 3.82% 3.75% VKE VUKILE 3.32% 3.34% The following constituents have been added to STANPROP: Code Share Previous New weight weight L2D LIBERTY TWO DEGREES 0.00% 0.56% The following constituents have been removed from STANPROP: Code Share Previous New weight weight STP STENPROP LTD 0.35% 0.00% These changes are effective from Monday, 20 March 2017. Johannesburg 11 April 2017 Sponsor The Standard Bank of South Africa Limited Date: 11/04/2017 11:19:00 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.