Rebalancing Of The Satrix Rafi 40 Portfolio - STXRAF SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX RAFI PORTFOLIO JSE code: STXRAF ISIN code: ZAE000126033 ("Satrix Rafi 40" or the “ETF”) 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 SATRIX RAFI 40 PORTFOLIO - STXRAF Notice is hereby given that the quarterly review of the FTSE/JSE Rafi 40 Index has resulted in a rebalancing of the Satrix Rafi 40 Portfolio. There have been changes to the Satrix Rafi 40 constituents and 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 ABG Barclays Africa (ABSA) 3.49% 3.28% AGL Anglo American plc 8.85% 9.97% ANG Anglogold Ashanti Ltd 2.12% 2.39% APN Aspen Pharmacare Hldgs L 1.54% 1.88% BAW Barloworld Ltd 0.89% 0.82% BHP BHP GROUP PLC 13.77% 9.56% BID BID Corporation Ltd 1.68% 1.98% BTI British American Tob plc 4.20% 4.32% BVT Bidvest Ltd 1.46% 1.14% CFR Compagnie Fin Richemont 9.63% 8.82% DSY Discovery 0.63% 0.89% FSR Firstrand 3.63% 3.01% GFI Gold Fields Ltd 1.69% 2.10% GLN Glencore plc 1.43% 1.45% GRT Growthpoint Prop Ltd 1.22% 1.32% IMP Impala Platinum Hlgs Ltd 0.52% 0.72% INL Investec Ltd 0.28% 0.39% INP Investec plc 0.68% 0.87% LHC Life Healthc Grp Hldgs L 0.74% 0.60% MCG Multi Choice Group Ltd 1.56% 1.60% MNP Mondi plc 4.13% 4.27% MTN MTN Group Ltd 2.21% 2.95% N91 Ninety One PLC 0.10% 0.30% NED NEDCOR 1.74% 1.98% NPN Naspers Ltd -N- 4.34% 4.47% NTC Netcare Limited 0.82% 0.68% NY1 Ninety One Limited 0.20% 0.24% OMU Old Mutual plc 2.85% 2.72% QLT Quilter Plc 0.68% 0.77% RDF Redefine Properties Ltd 0.41% 0.59% REM Remgro Ltd 1.51% 1.12% SAP Sappi Ltd 1.30% 1.54% SBK Standard Bank Group Ltd 5.55% 4.78% SHP Shoprite Holdings Ltd 2.96% 2.26% SLM Sanlam 2.38% 2.35% SOL Sasol Limited 0.99% 4.71% SPP The Spar Group Ltd 1.71% 1.36% TBS Tiger Brands Ltd 1.24% 1.00% 0.50% TFG The Foschini Group Ltd 0.57% TKG Telkom SA SOC Ltd 0.69% 0.87% VOD Vodacom Group Ltd 2.40% 2.12% WHL Woolworths Holdings Ltd 1.21% 1.31% 100.00% 100.00% These changes were applied after the close of business on Friday, 19 June 2020 and are effective from Monday, 22 June 2020. Sandton 10 July 2020 Sponsor Vunani Corporate Finance Date: 10-07-2020 09:00:00 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.