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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20151106_S364493.pdf] Symbol [RDFSTF] SCIB: The Standard Bank Of South Africa Limited ? REIT Distribution announcement in relation to the RDF shareThe Standard Bank of South Africa LimitedShare Code: RDFSTFISIN Code: ZAE00020878106/11/2015REIT DISTRIBUTION ANNOUNCEMENT 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 RDFSTFshare instalments will receive a REDEFINE PROPERTIES LIMITED (RDF) REITDistribution of 41,00 cents (gross) per Instalment.As per the Redefine SENS announcement issued on 05/11/2015:Redefine was granted REIT status by the JSE with effect from 1 September 2013 inline with the REIT structure as provided for in the Income Tax Act, 58 of 1962,as amended (the Income Tax Act) and section 13 of the JSE Listings Requirements.The REIT structure is a tax regime that allows a REIT to deduct qualifyingdistributions paid to investors, in determining its taxable income.Qualifying distributions received by resident Redefine shareholders must beincluded in the gross income of such shareholders (as a non-exempt dividend interms of section 10(1)(k)(aa) of the Income Tax Act), with the effect that thequalifying distribution is taxable as income in the hands of the Redefineshareholder. These qualifying distributions are however exempt from dividendswithholding tax, provided that the South African resident shareholders providedthe following 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 are advised to contact their CSDP, broker or the company, as thecase may be, to arrange for the above mentioned documents to be submitted priorto payment of the distribution, if such documents have not already beensubmitted.Qualifying distributions received by non-resident Redefine shareholders will notbe taxable as income and instead will be treated as ordinary dividends but whichare exempt in terms of the usual dividend exemptions per section 10(1)(k) of theIncome Tax Act. It should be noted that until 31 December 2013 qualifyingdistributions received by non-residents were not subject to dividendswithholding tax. From 1 January 2014 any qualifying distribution will be subjectto dividends withholding tax at 15%, unless the rate is reduced in terms of anyapplicable agreement for the avoidance of double taxation (DTA between SouthAfrica and the country of residence of the shareholder. Assuming dividendswithholding tax will be withheld at a rate of 15%, the net dividend amount dueto non-resident shareholders is 34,85000 cents per share. A reduced dividendwithholding rate in terms of the applicable DTA, may only be relied upon if thenon-resident shareholder has provided the following forms to their CSDP orbroker, as the case may be, in respect of uncertificated shares, or the company,in respect of certificated 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 above mentioned 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, 20/11/2015Ex-REIT Distribution Date Monday, 23/11/2015Record Date Friday, 27/11/2015Payment Date Monday, 30/11/2015Income tax reference number of Redefine: 917/852/484/0For more details relating to this REIT Distribution please refer to the SENSannouncement issued by REDEFINE PROPERTIES LIMITED on 05/11/2015For 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: 06/11/2015 03:39:00 Produced by the JSE SENS Department. 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