SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Quarter Ended 30 June 2017 - STXRES

Distribution Finalisation Announcement – Quarter Ended 30 June 2017 - STXRES

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX RESI PORTFOLIO
JSE Code: STXRES
ISIN: ZAE000078622
("Satrix Resi")

A portfolio in the Satrix Collective Investment Scheme, registered as such
in terms of the Collective Investment Schemes Control Act, 45 of 2002

DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 30 JUNE 2017

The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank),
respectively, have declared a distribution to holders of Satrix Resi
securities recorded in the register on Friday, 30 June 2017 in respect of
the quarter ended 30 June 2017 as follows:

An aggregate amount of    4.33   cents   (R0.0433)   per   Satrix   Resi    security
constituted as follows:

     Net Local dividend per security (1)                                     3.38560
     Dividend withholding tax on local dividend (20%)                        0.84640
     Interest (positive cash balances) (a)                                   0.09800
     TOTAL DISTRIBUTION                                                     4.33000


 a   No withholding tax on interest is applicable as interest
     has solely been earned from a South African Bank.

 1   NET LOCAL DIVIDEND


     Gross dividend (cents per security)                                     4.23200


                                                                             4.23200


     Dividend withholding tax (20% on taxable dividend)                    - 0.84640


     Gross dividend (cents per security)                                     4.23200
     Dividend withholding tax (20% on taxable dividend                     - 0.84640
     Net dividend per security                                               3.38560



The dividend tax deducted will be paid as follows:

1.    To the South African Revenue Service in respect of holders that are
      not exempt from dividends tax;
2.    Holders that are exempt from dividends tax or holders qualifying for
      a reduced rate per Double Tax Agreement (“DTA”) will receive the
      appropriate dividend from their intermediary provided they have
      completed and lodged the relevant exemption or reduced rate
      prescribed application form timeously with their service provider.
      The responsibility to make such submissions is that of the security
      holder and failure to do so may result in dividends tax being
      deducted in full.
The payment will be made by the relevant intermediary, being the Central
Securities Depository Participant (“CSDP”) or Broker nominee company which
is the final regulated intermediary in terms of the Income Tax Act.

Payment will be effected on 6 July 2017 to all holders of Satrix Resi
securities recorded in the register on Friday, 30 June 2017.

30 June 2017

Sponsor:
Vunani Corporate Finance

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