Distribution announcement - BGREEN The BettaBeta Green portfolio (A portfolio under the BettaBeta Collective Investment Scheme (“BettaBeta CIS”) registered in terms of the Collective Investment Schemes Control Act, 45 of 2002) Registration number of management company, Nedgroup Beta Solutions (Pty) Ltd: 2007/009755/07 Share Code: BGREEN ISIN: ZAE000162277 (“BeGreen” or “the ETF”) Distribution announcement Holders of BeGreen securities (“securities holders”) are referred to the announcement dated 17 March 2016 setting out details of a possible quarterly distribution by BeGreen to securities holders. Further to the abovementioned announcement, the manager (Nedgroup Beta Solutions (Proprietary) Limited) and the trustee (FirstRand Bank Limited) of BeGreen have now resolved to make a quarterly distribution to securities holders for the quarter ended 31 March 2016 (“the distribution”) in an amount of 13.59760 cents (gross) per BeGreen security. The distribution will be constituted as follows: Gross dividend (local to be taxed) 12.33191 Local dividend tax at 15% (1.84979) Net dividend 10.48212 Gross REIT distribution (no dividend withholding tax deducted for SA 1.14715 residents) Dividend withholding tax at 15% for non-residents (0.17207) Net REIT distribution for non-residents 0.97508 Interest payment (received from bank, no WTI applicable) 0.11854 The distribution will be made to all securities holders recorded in the register on Friday, 15 April 2016 and will be paid on Monday, 16 May 2016. In terms of the Listings Requirements of the JSE Limited regarding Dividends Tax, the following additional information is provided: 1. BeGreen tax reference number is 1671612164; and 2. The ETF had 7 433 011 participatory interests in issue as at the record date. Johannesburg 9 May 2016 Investment bank and sponsor Nedbank Corporate and Investment Banking Date: 09/05/2016 11:45:00 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.