Index Rebalance Announcement STANLIB SA PROPERTY ETF (being a portfolio under the STANLIB ETF Collective Investment Scheme registered in the Republic of South Africa in terms of Collective Investment Schemes Control Act, 45 of 2002 (CISCA) Share Code: STPROP ISIN: ZAE000175576 Abbreviated Name: STANPROP ("STANPROP") Index Rebalance Announcement Notice is hereby given that a quarterly review of the FTSE/JSE SAPY Index, has resulted in a rebalancing of the STANLIB SA PROPERTY ETF: The complete list of current constituents and their respective weightings have been included in the table below: Code Share Previous New weight weight APF ACCELERATE PROP FUND LTD 0.88% 0.77% ATT ATTACQ LTD 2.85% 3.09% AWA ARROWHEAD A 1.57% 1.43% EMI EMIRA 1.22% 1.17% EPP ECHO POLSKA PROP N.V. 1.29% 1.15% EQU EQUITIES PROP FUND LTD 1.56% 1.47% FFA FORTRESS A 4.88% 4.85% FFB FORTRESS B 7.49% 7.12% GRP GREENBAY PROPERTIES LTD 2.36% 3.00% GRT GROWTHPOINT 17.31% 17.17% HYP HYPROP 6.39% 6.01% IPF INVESTEC PROP 1.89% 1.77% L2D LIBERTY TWO DEGREES 0.60% 0.56% MSP MAS REAL ESTATE INC. 1.89% 2.03% NRP NEPI ROCKASTLE PLC 16.49% 17.20% RDF REDEFINE 12.69% 12.11% REB REBOSIS 1.17% 1.09% RES RESILIENT 10.57% 10.86% SAC SA CORPORATE 2.82% 2.69% VKE VUKILE 3.37% 3.25% The following constituents have been added to STANPROP: Code Share Previous New weight weight SRE SIRIUS REAL ESTATE LTD 0.00% 1.21% The following constituents have been removed from STANPROP: Code Share Previous New weight weight OCT OCTODEC 0.72% 0.00% These changes are effective from Monday, 18 December 2017. Johannesburg 21 December 2017 Sponsor The Standard Bank of South Africa Limited Date: 21/12/2017 02:12:00 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.