Distribution Finalisation Announcement Quarter End 30 June 2017-AMIB50 Cloud Atlas (RF) Proprietary Limited The Cloud Atlas Collective Investment Scheme in Securities AMI Big50 ex-SA ETF JSE code: AMIB50 ISIN: ZAE000242582 (“AMI Big50 ex-SA”) A portfolio in the Cloud Atlas Collective Investment Scheme in Securities, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. DISTRIBUTION FINALISATION ANNOUNCEMENT QUARTER END 30 JUNE 2017 Investors are advised that the Manager and Trustee of Cloud Atlas (RF) Proprietary Limited have declared a distribution to holders of AMI Big50 ex-SA securities recorded in the register on Friday, 30 June 2017 in respect of the quarter ended June 2017. An aggregated amount of 7.93161 ZAR cents (R 0.07931) per AMI Big50 ex-SA security is declared and payable on Wednesday 12 July 2017 as follows: ZAR cents Gross Foreign Dividend per security 9.91452 Dividend withholding tax on foreign dividends -1.30178 (13.13%) (a) Dividend withholding tax 6.87% in South Africa -0.68113 TOTAL DISTRIBUTION 7.93161 a) Withholding tax deducted from foreign dividends was paid as follows: 1. To the Tax authorities in Egypt (Egyptian Tax Authority), Kenya (Kenya Revenue Authority), Morocco (The General Tax Administration) and Tunisia (Tunisia Tax Authority). 2. Any reclaims/reimbursements, as a result of double tax agreements, received by the fund for dividend withholding tax on foreign dividends, will be reimbursed to investors when they have been made available to the fund. 7 July 2017 Sponsor Vunani Corporate Finance Date: 07/07/2017 08:00:00 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.