Distribution Finalisation Announcement For The Six Months Ended 30 June 2017 - Update - DBXEU The db X-trackers Collective Investment Scheme db X-trackers DJ Euro Stoxx 50 Index ETF JSE code: DBXEU ISIN: ZAE000115937 (“dbx Euro 50”) A portfolio in the db X-trackers Collective Investment Scheme in Securities, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. DISTRIBUTION FINALISATION ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2017 - UPDATE Further to the announcement released on SENS on Friday, 7 July 2017 holders of dbx Euro 50 securities are advised that the net distribution payable on or about Thursday, 27 July 2017 will be a minimum amount of ZAR 0.82250 per dbx Euro 50 security. This is based on the ZAR/EUR exchange rate prevailing on Tuesday, 25 July 2017 of 15.0654. The net ZAR distribution amount of ZAR 0.82250 per dbx Euro 50 security is calculated as follows: - Gross foreign dividends of ZAR 1.40065 (one four zero point zero six five cents); - Less: Foreign Withholding tax of ZAR 0.35702 (three five point seven zero two cents); - Plus: Equalisation of ZAR 0.00502 (zero point five zero two cents); - Plus: Foreign exchange income of ZAR 0.00001 (zero point zero zero one cents); - Less: Interest of ZAR 0.00184 (zero point one eight four cents); - Less: Management fee of ZAR 0.22432 (two two point four three two cents); All income derived is foreign in nature and does not include any manufactured dividends. This amount will be adjusted upwards for larger investors who are liable for less than the 0.75% management fee (on the basis set out in the Second Supplement to the Offering Circular and Pre- Listing Statement on 19 September 2005 and as per the SENS announcement released on 3 July 2013). The aggregate amount payable to each investor will be rounded down to the nearest cent. The balance (if any) will be retained and paid out in the following distribution period. All amounts have been rounded to the fifth decimal point. 26 July 2017 Manager db x-trackers (Proprietary) Limited Trustee The Standard Bank of South Africa Limited Sponsor Vunani Corporate Finance Date: 26/07/2017 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.