Rebalancing of the STXQUA Portfolio SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX QUALITY SOUTH AFRICA PORTFOLIO JSE Code: STXQUA ISIN: ZAE000247987 ("SATRIXQUA" or “STXQUA") A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 REBALANCING OF THE SATRIXQUA PORTFOLIO Notice is hereby given that the quarterly review of the FTSE/JSE Top 40 Index has resulted in a rebalancing of the SATRIXQUA ETF Portfolio. There have been changes to the SATRIXQUA constituent weightings. The complete list of current constituents and their respective weightings have been included in the table below: Previous New Code Share weight weight Alexander Forbes Grp AFH Hld 0.73% 0.35% AFX African Oxygen Limited 0.58% 0.00% AIP Adcock Ingram Hldgs Ltd 0.94% 0.53% ARI African Rainbow Min Ltd 1.71% 1.37% ARL Astral Foods Ltd 1.85% 1.04% ASR Assore Ltd 2.19% 1.51% AVI AVI Ltd 6.19% 5.08% BLU Blue Label Telecoms Ltd 0.71% 0.00% CLS Clicks Group Ltd 7.91% 7.82% CML Coronation 3.11% 1.81% CPI Capitec 9.94% 7.88% CSB Cashbuild Ltd 0.97% 0.92% GND Grindrod Ltd 0.00% 0.38% IPL Imperial Holdings Ltd 0.00% 1.59% JSE JSE Ltd 2.15% 1.56% KIO Kumba Iron Ore Ltd 3.06% 2.21% MRP Mr Price Group Ltd 9.38% 9.77% NPN Naspers Ltd -N- 0.00% 10.06% OMU Old Mutual Limited 0.00% 10.27% Peregrine Holdings PGR Limit 0.67% 0.47% PIK PIK 3.77% 3.85% RES Resilient Prop Inc Fund 3.09% 0.00% RLO Reunert Ltd 1.85% 1.44% RMH RMB Holdings Ltd 9.43% 5.20% S32 South32 Limited 1.33% 0.73% SLM Sanlam 11.01% 9.95% SNT Santam 2.70% 1.55% TBS Tiger Brands Ltd 8.32% 6.33% TRE Trencor Ltd 0.00% 1.13% TRU Truworths Int Ltd 6.41% 5.21% 100.00% 100.00% The following constituents have been added to the SATRIXQUA: Previous New Code Share weight weight GND Grindrod Ltd 0.00% 0.38% IPL Imperial Holdings Ltd 0.00% 1.59% NPN Naspers Ltd -N- 0.00% 10.06% OMU Old Mutual Limited 0.00% 10.27% TRE Trencor Ltd 0.00% 1.13% The following constituents have been removed from the SATRIXQUA: Previous New Code Share weight weight AFX African Oxygen Limited 0.58% 0.00% BLU Blue Label Telecoms Ltd 0.71% 0.00% RES Resilient Prop Inc Fund 3.09% 0.00% These changes were applied after the close of business on Friday, 21 December 2018 and are effective from Monday, 24 December 2018. Sandton 27 December 2018 Sponsor Vunani Corporate Finance Date: 27/12/2018 02:00:00 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.