STANLIB COLLECTIVE INVESTMENTS LIMITED - Distribution Announcement -STANSX

Distribution Announcement -STANSX

STANLIB SWIX 40 FUND
("STANLIBSX")(being a portfolio under the STANLIB ETF
CIS registered in the Republic of South Africa in terms of CISCA)

Share Code: STANSX
Abbreviated Name: STANLIBSX
ISIN: ZAE000182424
("STANLIBSX")
Income Tax number:
9003830230

DISTRIBUTION ANNOUNCEMENT

Holders of STANLIBSX securities ("Securities Holders") are referred to the
announcement dated Friday, 02 September 2016 setting out details of a
possible quarterly distribution by the ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the STANLIB ETF
Collective Investment Scheme (“the Manager”) has resolved to make a quarterly
distribution to Securities Holders for the quarter ended 30 September 2016
("the Distribution") in an amount of 8.13000 cents per STANLIBSX ETF
security. The distribution will be constituted as follows:

Gross Dividend(local to be taxed)         :     2.95000 cents
Local Tax   (15%)                         :     0.44250 cents
Net dividend                              :     2.50750 cents

Gross Dividend(foreign-dual)to be taxed   :     1.23000 cents
SA tax applicable             (15   %)    :     0.18450 cents
Net Dividend                              :     1.04550 cents

Gross Dividend(foreign-dual)not to be taxed
(Foreign Withholding Tax >= SA Tax)       :     0.22000 cents
Foreign Tax Withheld    (31.81818%)       :     0.07000 cents
Net Dividend                              :     0.15000 cents

Gross REIT Distribution                   :     0.64000 cents
(No Dividend Withholding Tax deducted for SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)     :      0.09600 cents
Net dividend                              :      0.54400 cents

Interest(paid on cash held in bank account, no WTI
applicable)                               :     0.52000 cents

Other income (scrip lending income)       :     2.64000 cents
(Taxed at individual’s income tax rate, no WTI applicable)


The Security Holders(Residents) who are not exempt from dividend tax will
receive the Net Dividend of 3.70300 cents per security as well as REIT
Distribution of 0.64000 cents.


The Distribution will be made to all Securities Holders recorded in the
register on Friday, 30 September 2016 and will be paid on Monday, 17 October
2016.
Johannesburg
28 September 2016

Sponsor
The Standard Bank of South Africa Limited

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