ASHEQF - Correction of error in distribution suspension announcement released on SENS on 4 September 2020 Ashburton Management Company (RF) Proprietary Limited Ashburton Global 1200 Equity FOF ETF A portfolio in the Ashburton Collective Investment Scheme in Securities Exchange Traded Funds (“the portfolio”) registered in terms of the Collective Investment Schemes Control Act, 45 of 2002 Share Code: ASHEQF ISIN: ZAE000289872 (“ASHGEQFOF”) Correction of error in distribution suspension announcement released on SENS on 4 September 2020 Investors are referred to the SENS announcement released on 4 September 2020 relating to the temporary suspension of distributions due to the portfolio restructure, and subsequent resumption of distributions. This announcement incorrectly referred to the resumption of distributions from the quarter ending 30 September 2020. This announcement should have stated that distributions will resume from the quarter ending 31 October 2020 and will be announced in November 2020. The corrected date is in accordance with the distribution periods per the ETF issue document which may be accessed at: https://www.ashburtoninvestments.com/za/financial-advisor/fund/ashburton-global- 1200-equity-etf/zae000289872 The manager (Ashburton Management Company (RF) Proprietary Limited) apologises for any inconvenience this may have caused. 16 October 2020 Johannesburg Debt Sponsor Rand Merchant Bank (a division of FirstRand Bank Limited) Date: 16-10-2020 11:40:00 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.