GIVIND/ NEWFSA/ GIVISA/ NFSH40 - Amendment Announcement: Distribution for the quarter ended 31 March 2017 NEWFUNDS S&P GIVI SA INDUSTRIAL INDEX ETF Share code: GIVIND ISIN: ZAE000205241 NEWFUNDS NEWSA INDEX PORTFOLIO Share code: NEWFSA ISIN: ZAE000104055 NEWFUNDS S&P GIVI SA TOP 50 INDEX ETF Share code: GIVISA ISIN: ZAE000205225 NEWFUNDS SHARIAH TOP 40 INDEX ETF Share code: NFSH40 ISIN: ZAE000130431 Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds Proprietary Limited. (Registration Number 2005/034899/07) DISTRIBUTION ANNOUNCEMENT FOR THE QUARTER ENDED 31 MARCH 2017 Following on the announcement released on 13 April 2017, holders of ETF securities ("investors") are advised that an amendment has been made to the NFSWIX "Net Distribution" amount. No tax is payable for BTI. The remained of the announcement remains unchanged, as set out below. Further to the announcement published on Monday, 06 March 2017, a distribution has been declared today, Thursday 13 April 2017 to holders of ETF securities ("investors") recorded in the register on Friday, 24 March 2017, for the quarter ended 31 March 2017 as follows: Alpha Dividend/ Foreign/ Gross Subject to Withholding Net code Interest Local Distribution Withholding Tax Distribution (Cents per unit) tax (%) (Cents per Yes/ No unit) NFSH40 Dividend Foreign 1.36250 Yes 20 1.09000 (BIL)* GIVIND Dividend Foreign 8.63841 Yes 20 6.91073 (BTI)* GIVISA Dividend Foreign 3.58487 Yes 20 2.86790 (BTI)* NEWFSA Dividend Foreign 20.62618 Yes 20 16.50094 (BTI)* The distribution will be paid on Thursday 20 April 2017 to all securities holders recorded on the register on Friday, 24 March 2017. Withholding Tax on Interest (WTI) came into effect on 1 March 2015. Interest accruing from a South African source to a non-resident, excluding a controlled foreign company, will be subject to withholding tax at a rate of15% on payment, except interest, • arising on any Government debt instrument • arising on any listed debt instrument • arising on any debt owed by a bank or the South African Reserve Bank • arising from a bill of exchange or letter of credit where goods are imported into South Africa and where an authorized dealer has certified such on the instrument • payable by a headquarter company • accruing to a non-resident natural person who was physically present in South Africa for a period exceeding 183 days in aggregate, during that year, or carried on a business through a permanent establishment in South Africa. Investors are advised that to the extent that the distribution amount comprise of any interest, it will not be subject to WTI by virtue of the fact that it is listed debt instruments and/or bank debt. Holders of Shariah ETF securities Holders of Shariah ETF securities (“investors”) are advised that the appropriate purification of dividends, through the donation of 5% of the dividends to charity, needs to be effected by each investor. Absa Islamic Banking's Shari'ah Supervisory Board (''SSB'') has provided the following list of approved charitable institutions. The list is not exhaustive and it is therefore not obligatory to use one of the specified charities: 1. Al Furqaan Orphanage (Gauteng) 2. Gift of the Givers (RSA) 3. SANZAF (RSA) 4. Africa Muslims Agency (RSA) 5. Al-Imdaad Foundation 6. Muslim Hands (RSA) 7. Islamic Relief Agency (RSA) 8. Bait-ul-Khair (Gauteng) 9. TIBA Services for the Blind (Gauteng) 10. Mustadafin Foundation (www.mustadafin.com) Investors should seek advice from their tax advisor on whether the tax and rate shown is applicable to them. Additional information: Number of securities in issue Tax reference number NEWFSA 772,724 9004206224 GIVIND 400,814 9005418224 GIVISA 2,057,255 9180010184 NFSH40 29,575,446 9403872162 18 April 2017 Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 18/04/2017 10:57:00 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.