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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20150519_S357762.pdf] Symbol [RDFSTE] CANCELLATION OF S357469 SCIB: The Standard Bank Of South Africa Limited ? REIT DISTRIBUTION in relation to the RDF share - RDFSTEThe Standard Bank of South Africa LimitedREIT DISTRIBUTION in relation to the RDF shareShare Code: RDFSTEISIN Code: ZAE00019623419/05/2015REIT DISTRIBUTION IN RELATION TO THE RDF SHARE INSTALMENTNotice is hereby given that as a result of the REIT DISTRIBUTION declarationrelating to REDEFINE PROPERTIES LIMITED (RDF) shares, the holders of RDFSTEshare instalments will receive a REDEFINE PROPERTIES LIMITED (RDF) REITDistribution of 39.00 cents (gross) per Instalment.As per the Redefine SENS announcement issued on 07/05/2015:Redefine was granted REIT status by the JSE Limited with effect from 1 September2013 in line with the REIT structure as provided for in the Income Tax Act, No.58 of 1962, as amended (the Income Tax Act) and section 13 of the JSE ListingsRequirements.The REIT structure is a tax regime that allows a REIT to deduct qualifyingdistributions paid to investors, in determining its taxable income:Dividends received by resident Redefine shareholders must be included in thegross income of such shareholders (as a non-exempt dividend in terms of section10(1)(k)(aa) of the Income Tax Act), with the effect that the qualifyingdistribution is taxable as income in the hands of the Redefine shareholder.These qualifying distributions are however exempt from dividends withholdingtax, provided that the South African resident shareholders provided thefollowing forms to their CSDP or broker, as the case may be, in respect ofuncertificated shares, or the company, in respect of certificated shares: - a declaration that the dividends are exempt from dividends tax; and - a written undertaking to inform the CSDP, broker or the company, as the casemay be, should the circumstances affecting the exemption change or thebeneficial owner cease to be the beneficial owner, both in the form prescribedby the Commissioner for the South African Revenue Service. Shareholders areadvised to contact their CSDP, broker or the company, as the case may be, toarrange for the abovementioned documents to be submitted prior to payment of thedistribution, if such documents have not already been submitted.Dividends received by non-resident Redefine shareholders will not be taxable asincome and instead will be treated as ordinary dividends but which are exempt interms of the usual dividend exemptions per section 10(1)(k)of the Income TaxAct. It should be noted that until 31 December 2013 qualifying distributionsreceived by non-residents were not subject to dividends withholding tax. From 1January 2014, any qualifying distribution will be subject to dividendswithholding tax at 15%, unless the rate is reduced in terms of any applicableagreement for the avoidance of double taxation (DTA) between South Africa andthe country of residence of the shareholder. Assuming dividends withholding taxwill be withheld at a rate of 15%, the net dividend amount due to non-residentshareholders is 33,15000 cents per share. A reduced dividend withholding rate interms of the applicable DTA, may only be relied upon if the non-residentshareholder has provided the following forms to their CSDP or broker, as thecase may be, in respect of uncertificated shares, or the company, in respect ofcertificated shares:- a declaration that the dividend is subject to a reduced rate as a result ofthe application of a DTA; and - a written undertaking to inform their CSDP, broker or the company, as thecase may be, should the circumstances affecting the reduced rate change or thebeneficial owner cease to be the beneficial owner, both in the form prescribedby the Commissioner for the South African Revenue Service. Non-residentshareholders are advised to contact their CSDP, broker or the company, as thecase may be, to arrange for the abovementioned documents to be submitted priorto payment of the dividend if such documents have not already been submitted, ifapplicable.Last date to trade cum REIT Distribution Friday, 22/05/2015Ex-REIT Distribution Date Monday, 25/05/2015Record Date Friday, 29/05/2015Payment Date Monday, 01/06/2015For more details relating to this REIT DISTRIBUTION please refer to the SENSannouncement issued by REDEFINE PROPERTIES LIMITED on 07/05/2015For further information contact:Standard Bank WarrantsTel 0800 111 780Email: [email protected]Issuer: The Standard Bank of South Africa LimitedSponsor: SBG Securities (Pty) LimitedThis notice should be read together with the Common Terms Document, ConditionsAnnexure and relevant Supplement which collectively record the terms andconditions of the agreement between the Issuer and Warrant holders.Date: 19/05/2015 01:09:59 Produced by the JSE SENS Department. 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