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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20210113_S441258.pdf] Symbol [HYPSTA] SCIB: The Standard Bank of South Africa Limited ? REIT Distribution announcement in relation to the HYP shareSCIB: The Standard Bank of South Africa Limited ? REIT Distribution announcement in relation to theHYP shareThe Standard Bank of South Africa LimitedShare Code: HYPSTAISIN Code: ZAE00028667013/01/2021REIT DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE HYP SHARE INSTALMENTNotice is hereby given that as a result of the REIT distribution declarationrelating to HYPROP INVESTMENTS LIMITED(HYP) shares, the holders of HYPSTA shareinstalments will receive a HYPROP INVESTMENTS LIMITED(HYP) REIT distribution of375 cents(gross) per Instalment.Dividend withholding tax (?dividend tax?) implicationsDividend tax implications for South African resident shareholdersDividends received from a Real Estate Investment Trust (?REIT?) are exempt fromdividend tax in the hands of SouthAfrican resident shareholders provided that the shareholders have provided therequisite declaration as to residence asdetailed in paragraph 5 of the circular. South African resident shareholders,who have submitted the requisite documentationand are exempt from dividend tax will accordingly receive a net dividend of 375cents per share in respect of the dividend.Dividend tax implications for non-resident shareholdersDividends received from a REIT by a non-resident shareholder will be subject todividend tax at 20%, unless the rate isreduced in terms of any applicable agreement for the avoidance of doubletaxation (?DTA?) between South Africa and thecountry of residence of the non-resident shareholder. A reduced dividendwithholding tax rate in terms of the applicableDTA may only be relied upon if the non-resident shareholder has provided therequisite documentation as detailed inparagraph 5 of the circular. Non-resident shareholders who have submitted therequisite documentation and assuming thata dividend tax rate of 20% is applicable, will accordingly receive a netdividend of 300 cents per share.The cash dividend or share reinvestment alternative may have tax implicationsfor resident as well as non-residentshareholders. Shareholders are therefore encouraged to consult their tax and/orprofessional advisors should they be in anydoubt as to the appropriate action to take.Last date to trade cum REIT distribution Tuesday, 19/01/2021Ex- REIT distribution Date Wednesday, 20/01/2021Record Date Friday, 22/01/2021Payment Date Monday, 25/01/2021For more details relating to this REIT distribution please refer to the SENSannouncement issued by HYPROP INVESTMENTS LIMITED on 21/12/2020For 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: 13-01-2021 01:28:00Produced 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.