Index Change Advice – 20171129 Unbundling of Sandown Capital from Peregine Holdings Peregrine Holdings (South Africa): Unbundling of Sandown Capital (South Africa) FTSE/JSE Africa Index Series 24 November 2017 Subject to the completion of the unbundling of Sandown Capital (South Africa, non-constituent) from Peregrine Holdings (South Africa, constituent), please see details of affected indexes and effective dates below: Effective From Index Change Start of Trading FTSE/JSE Small Cap Index (J202) Sandown Capital (South Africa, 29 November 2017 ZAE000249645, BF3R8W0) will be added to the index with a shares in issue total of 226,065,696* and an investability weighting of 74.062300456236%. Peregrine Holdings (South Africa, ZAE000078127, B1FHZ74) will remain in the index with an unchanged shares in issue total of 226,065,696 and an unchanged investability weighting of 74.062300456236%. FTSE/JSE All Share Index (J203) Sandown Capital will be added to the 29 November 2017 index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE RAFI All Share Index Sandown Capital will be added to the 29 November 2017 (J263) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE RAFI All Share Capped Sandown Capital will be added to the 29 November 2017 Index (J283) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE Capped All Share Index Sandown Capital will be added to the 29 November 2017 (J303) index as detailed above. Peregrine Holdings will remain in the index as detailed above. Effective From Index Change Start of Trading FTSE/JSE Style Index (J330 and Sandown Capital will be added to the 29 November 2017 J331) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Comprehensive Sandown Capital will be added to the 29 November 2017 Factor Index (J203CF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Yield Factor Sandown Capital will be added to the 29 November 2017 Index (J203DF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Low Volatility Sandown Capital will be added to the 29 November 2017 Focused Factor Index (J203LF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Momentum Sandown Capital will be added to the 29 November 2017 Factor Index (J203MF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Quality Factor Sandown Capital will be added to the 29 November 2017 Index (J203QF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Size Factor Sandown Capital will be added to the 29 November 2017 Index (J203SF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Value Factor Sandown Capital will be added to the 29 November 2017 Index (J203VF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. FTSE/JSE All Share Volatility Factor Sandown Capital will be added to the 29 November 2017 Index (J203VOF) index as detailed above. Peregrine Holdings will remain in the index as detailed above. Effective From Index Change Start of Trading FTSE/JSE Shareholder Weighted All Sandown Capital (South Africa, 29 November 2017 Share Index (J403) BF3R8W0) will be added to the index with a shares in issue total of 226,065,696* and an investability weighting of 74.062300456236%. Peregrine Holdings (South Africa, B1FHZ74) will remain in the index with an unchanged shares in issue total of 226,065,696 and an unchanged investability weighting of 74.062300456236%. FTSE/JSE Capped Shareholder Sandown Capital will be added to the 29 November 2017 Weighted All Share Index (J433) index as detailed above. Peregrine Holdings will remain in the index as detailed above. * The number of shares is based on the unbundling terms of 1 Sandown Capital share for each Peregrine Holdings share held. Sandown Capital’s ICB classification upon listing will be 8771 (Asset Managers). The ICB classification will be updated to 8985 (Equity Investment Instruments) effective 01 December 2017. The Value and Growth ratings for Sandown Capital within the FTSE/JSE Style Index will be as follows: Value: 25% , Growth: 75%. 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