SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement For The 6 Months Ended 30 June 2023 - STXILB

Distribution Finalisation Announcement For The 6 Months Ended 30 June 2023 - STXILB

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX ILBI PORTFOLIO
JSE code: STXILB
ISIN: ZAE000240123
(“Satrix ILBI”)

A portfolio in the Satrix Collective Investment Scheme in Securities, registered as such in terms of the Collective Investment
Schemes Control Act, 45 of 2002.

DISTRIBUTION FINALISATION ANNOUNCEMENT FOR THE 6 MONTHS ENDED 30 JUNE 2023


The Manager and Trustees of the Satrix Collective Investment Scheme (being Satrix Managers (RF) (Pty) Limited and
Standard Chartered Bank), respectively, have declared a distribution to holders of Satrix ILBI securities ('investors')
recorded in the register on Friday, 28 July 2023 in respect of the 6 months ended 30 June 2023.

An aggregate amount of 11.38000 cents (R0.11380) per Satrix ILBI security is declared as follows:

Alpha Code: STXILB                          *Interest      Total


Distribution Source type                     Local
Net Distribution Reinvested                  Yes
Source of Funds (Country Code)               ZA
Subject to Foreign Withholding tax           No
Gross Foreign Rate (cents per unit)
Foreign Tax % withheld at source
Foreign Tax amount per unit
DTA with Source Country
Foreign Tax Reclaim %
Portfolio/Management Cost
Interest Expense
Other costs
Gross ZA Distribution (Cents per unit)       11.38000           11.38000
  **Applicable to non-exempt South African shareholders
Gross Local Rate (cents per unit)            11.38000
SA Withholding Tax %
SA Withholding Tax amount per unit
Local Net Rate                               11.38000           11.38000

Notice is hereby given that the following dates are of importance in regard to the distribution for the month ended 30 June
2023 by the ETF to holders of Satrix ILBI securities:


Last day to trade “cum” distribution:            Tuesday, 25 July 2023

Securities trade “ex” distribution:              Wednesday, 26 July 2023

Record date:                                     Friday, 28 July 2023

Reinvestment date:                               Monday, 31 July 2023


In accordance with the investment policy of the ETF the distributions were re-invested on behalf of investors through the
purchase of securities comprising the Index, thereby increasing the net asset value of ETF and, proportionately, each ETF
security.

To the extent that the distributions (or any part thereof) are taxable in the hands of an investor, the investor will be liable
for the tax associated with such distributions, notwithstanding that the distributions are re-invested on behalf of investors
(and are not paid over to investors).
The distribution will:
- where Satrix ILBI securities are held on capital account be added to the base cost of each Satrix ILBI security for capital
gains tax purposes; or
- where Satrix ILBI securities are held as trading stock be regarded as part of the cost of acquiring a Satrix ILBI security.

The distribution is calculated after taking into account accrued expenses incurred by the fund and thus represents a
distribution net of fund expenses.

*Withholding Tax on Interest (WTI) came into effect on 1 March 2015.

Interest accruing from a South African source to a non-resident, excluding a controlled foreign company, will be subject to
withholding tax at a rate of 15% on payment, except interest,

-       arising on any Government debt instrument
-       arising on any listed debt instrument
-       arising on any debt owed by a bank or the South African Reserve Bank
-       arising from a bill of exchange or letter of credit where goods are imported into South Africa and where an authorized
       dealer has certified such on the instrument
-       payable by a headquarter company
       accruing to a non-resident natural person who was physically present in South Africa for a period exceeding 183 days in
       aggregate, during that year, or carried on a business through a permanent establishment in South Africa.

Investors are advised that to the extent that the distribution amount comprise of any interest, it will not be subject to WTI
by virtue of the fact that it is listed debt instruments and/or bank debt.

Both resident and non-resident investors are encouraged to consult their professional advisors should they be in any doubt
as to the appropriate action to take.

Sandton
18 July 2023

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Date: 18-07-2023 10:30:00
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