Index Change Advice – 20180925 FTSE JSE Ground Rules Free Float and All Share Eligibility FTSE JSE Africa Index Series - Ground Rule Update 25 September 2018 FTSE/JSE would like to inform clients of the following Ground Rule update to the FTSE/JSE Africa Index Series which is effective immediately. Section 4: Index Construction Removal of minimum free float rule and update to free float for companies eligible for the FTSE/JSE All Share Index. ? Rule 4.3.5 has been updated to remove the minimum free float – 5% to 15% rule. ? Rule 4.3.7 has been updated to reflect that Foreign companies with a free float less than 5% are now eligible for index inclusion to the FTSE/JSE All Share Index if their investable market capitalisation is more than 1% of the FTSE/JSE Mid Cap Index. Foreign companies that are existing constituents of the FTSE/JSE All Share Index are only deleted as constituents if their investable market capitalisation falls below 0.5% of the Mid Cap Index. Section 5: Periodic Review of Constituent Companies Introduction of a minimum investable market capitalisation requirement for the FTSE/JSE All Share Index. ? Rule 5.3.4 has been updated to reflect the introduction of a minimum investable market capitalisation requirement for inclusion into the FTSE/JSE All Share Index. A company will be eligible for the FTSE/JSE All Share index provided the market capitalisation of its available float is 1% or greater than the investable market capitalisation of the FTSE/JSE Small Cap Index on review cut date, and it qualifies in all other respects. A current constituent will be deleted from the FTSE/JSE All Share index should the investable market cap fall to 0.2% or below relative to the FTSE/JSE Small Cap index investable market capitalisation on review cut date. An updated copy of the FTSE JSE Africa Index Series Ground Rules (v5.9) is now available on the FTSE Russell website : www.ftserussell.com For further information please contact FTSE Russell Client Services at info@ftserussell.com or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 3581 2764 London +44 (0) 20 7866 1810 New York +1866 551 0617 JSE Limited +27 11 520 7000 Alternatively please visit our website at www.ftserussell.com Terms of Use | Copyright © 2018 FTSE Russell Date: 25/09/2018 05:10:00 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.