Index Rebalance Announcement - LVLTRX CoreShares Index Tracker Managers (RF) Proprietary Limited CoreShares LowVolTrax ETF Share code: LVLTRX ISIN: ZAE000190112 A portfolio in the CoreShares Index Tracker Collective Investment Scheme registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker Managers (RF) Proprietary Limited INDEX REBALANCE ANNOUNCEMENT In terms of section 19.28 of the JSE Limited Listings Requirements, notice is hereby given to investors of the above ETF securities that the following changes in the constituents of the underlying index in the table below. Effective Date: 19 March 2018 Index: S&P South Africa Low Volatility Index Additions Deletions ISIN Share New ISIN Share Previous Weight Weight ZAE000009932 Wilson Bayly 2.25% ZAE000035861 Capitec Bank 2.19% Holmes-Ovcon Hldgs Ltd GB0000566504 BHP Billiton PLC 2.22% ZAE000209557 Resilient REIT 1.23% Limited ZAE000047353 Coronation Fund 2.15% ZAE000066304 Firstrand Limited 2.60% Managers Ltd ZAE000006896 Sasol Ltd 2.17% IM00BDD7WV3 NEPI Rockcastle 1.88% 1 ZAE000192258 Octodec 2.24% ZAE000066692 Aspen 1.81% Investments Ltd Pharmacare Holdings Ltd ZAE000005153 Omnia Hldgs Ltd 2.24% GB0006834344 Intu Properties 1.88% PLC. GB00B62G9D36 Capital & 2.33% ZAE000156253 Curro Holdings 1.62% Counties Limited Properties PLC ZAE000171963 KAP Industrial 2.24% NL0011983374 Echo Polska 2.26% Holdings Properties NV ZAE000156238 Tsogo Sun 2.19% ZAE000161832 Super Group Ltd 2.04% Holdings Ltd The portfolio composition file can be viewed at www.coreshares.co.za Date of announcement: 20 March 2018 Sponsor Grindrod Bank Limited Date: 20/03/2018 04:15:00 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.