Listing Of The Satrix MSCI China Feeder Portfolio And The Scheme Referencing The MSCI China Index on the JSE -STXCHN SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX MSCI CHINA FEEDER PORTFOLIO JSE Code: STXCHN ISIN: ZAE000288361 ("Satrix MSCI China" or the "Portfolio") A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. LISTING OF THE SATRIX MSCI CHINA FEEDER PORTFOLIO AND THE SCHEME REFERENCING THE MSCI CHINA INDEX ON THE MAIN BOARD OF THE JSE LIMITED (“JSE”) IN THE EXCHANGE TRADED FUND SECTOR. This announcement is issued for information purposes only relating to the listing of the portfolio on the JSE. 1. Introduction Satrix MSCI China participatory interests provide the investors exposure to approximately 85% of the Chinese stock market via large and mid-cap Chinese stock. 2. Listing approval Approval for the listing of the participatory interest in the portfolio was granted by the JSE on 30 June 2020. 3. Summary of the offer 3.1. Issuer Satrix MSCI China, a portfolio in the Satrix Collective Investment Scheme in Securities, registered in terms of the Collective Investment Schemes Control Act, No 45 of 2002. 3.2. ISIN: ZAE000288361 3.3. Share code: STXCHN 3.4. Long name: Satrix MSCI China Feeder Portfolio 3.5. Abbreviated name: SATRIXCHN 3.6. Index Launched in October 1995, the MSCI China Index represents exposure to approximately 85% of the Chinese stock market with direct investment into large and mid-cap Chinese stocks. The index constituents are weighted by the security free-float adjusted market capitalization calculated based on the Foreign Inclusion Factor (FIF) and subject to Foreign Ownership Limits (FOLs). 3.7. Distribution or accounting period The underlying fund reinvests the income from the constituents in the index and therefore does not distribute. 3.8. The ramp up period It is the period during which the manager will procure the acquisition of baskets with the cash proceeds from the initial offer and will be announced at the close of the offer. 4. Salient dates and times 4.1. Opening date of the initial offer at 09:00 on Wednesday, 01 July 2020 4.2. Closing date of the initial offer at 12:00 on Wednesday, 15 July 2020 4.3. Ramp up period in respect of cash subscriptions commences on Thursday, 16 July 2020 4.4. Settlement of Letters of allocation on Thursday, 16 July 2020 4.5. Publication of announcement on SENS as to the results of the initial offer on Friday, 17 July 2020 4.6. Publication of conversion ratio on Monday, 20 July 2020 4.7 Ramp up period in respect of in specie subscriptions, Tuesday 21 July 2020 4.8. Listing date at 9:00 on Wednesday, 22 July 2020 * One letter of allocation (“LA”) will be issued for every Rand subscription against a subscriber’s CSDP or broker account being debited with the Rand amount. Once the baskets of Index constituents have been acquired, STRATE will convert the LAs to Satrix securities in the CSDP accounts in terms of the conversion ratios that will be published on SENS. 5. Copies of the supplement to the programme memorandum A supplement to the programme memorandum detailing this offer is available on the website of the Satrix Collective Investment Scheme on www.satrix.co.za 30 June 2020 Satrix Managers (RF) Pty Limited Vunani Sponsor Date: 30-06-2020 05:35:00 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.