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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20190515_S414858.pdf] Symbol [RDFSTI] SCIB: The Standard Bank Of South Africa - Amendment to RDFSTI Share instalment dividend announcementSCIB: The Standard Bank Of South Africa Limited ? REIT Distribution announcement in relation tothe RDF shareThe Standard Bank of South Africa LimitedShare Code: RDFSTIISIN Code: ZAE00026277015/05/2019REIT DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE RDF SHARE INSTALMENTNotice is hereby given that as a result of the REIT distribution declarationrelating toREDEFINE PROPERTIES LIMITED (RDF) shares, the holders of RDFSTI shareinstalments will receive a REDEFINE PROPERTIES LIMITED (RDF) REIT distributionof cents 49.19 (gross) per Instalment. As per the Redefine SENS announcement issued on 14/05/2018:Dividend withholding tax ("dividend tax") implicationsDividend tax implications for South African resident shareholdersDividends received from a Real Estate Investment Trust ("REIT") are exemptfrom dividend tax in the hands of SouthAfrican resident shareholders provided that the shareholders have providedthe requisite declaration as to residence asdetailed in paragraph 5 of the circular to Redefine shareholders dated andposted on Monday, 6 May 2019(the "circular"). South African resident shareholders, who have submittedthe requisite documentation and are exemptfrom dividend tax, will accordingly receive a net dividend of 49.19 centsper share.Dividend tax implications for non-resident shareholdersDividends received from a REIT by a non-resident shareholder will be subjectto dividend tax at 20%, unless the rateis reduced in terms of any applicable agreement for the avoidance of doubletaxation ("DTA") between South Africaand the country of residence of the non-resident shareholder. A reduceddividend withholding rate in terms of theapplicable DTA may only be relied upon if the non-resident shareholder hasprovided the requisite documentation asdetailed in paragraph 5 of the circular. Non-resident shareholders who havesubmitted the requisite documentation andassuming that a dividend tax rate of 20% is applicable, will accordinglyreceive a net dividend of 39.352 cents pershare.Due to the fact that the cash dividend or share reinvestment alternative mayhave tax implications for resident andnon-resident shareholders, shareholders are encouraged to consult theirprofessional advisors should they be in anydoubt as to the appropriate action to take.Last date to trade cum REIT distribution Tuesday, 21/05/2019Ex- REIT distribution Date Wednesday, 22/05/2019Record Date Friday, 24/05/2019Payment Date Monday, 27/05/2019For more details relating to this REIT distribution please refer to the SENSannouncement issued by REDEFINE PROPERTIES LIMITED on 06/05/2019For 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: 15/05/2019 11:32:00 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.