SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement - 6 Months Ended 30 June 2022 - STXILB

Distribution Finalisation Announcement - 6 Months Ended 30 June 2022 - STXILB

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX ILBI PORTFOLIO
JSE code: STXILB
ISIN code: 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 – 6 MONTHS ENDED 30 JUNE 2022 - STXILB

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, 22 July 2022 in respect of the 6 months ended 30 June 2022.

An aggregate amount of 4.64000 cents (R0.04640) 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)      4.64000              4.64000
 ***Applicable to non-exempt South African shareholders
 Gross Local Rate (cents per unit)           4.64000
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                              4.64000              4.64000


Notice is hereby given that the following dates are of importance in regard to the distribution for the 6 months ended
30 June 2022 by the ETF to holders of Satrix ILBI securities:

 Last day to trade “cum” distribution:                                       Tuesday, 19 July 2022
 Securities trade “ex” distribution:                                         Wednesday, 20 July 2022
 Record date:                                                                Friday, 22 July 2022
 Reinvestment date:                                                          Monday, 25 July 2022


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.

Note 1
*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
14 July 2022

JSE Sponsor
Vunani

Date: 14-07-2022 03:45:00
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