Rebalancing of the SATRIX CAPPED INDI Portfolio SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX INDI PORTFOLIO JSE code: STXIND ISIN code: ZAE000036364 ("Satrix Indi" or the “ETF”) A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 REBALANCING OF THE SATRIX CAPPED INDI PORTFOLIO Notice is hereby given that the quarterly review of the FTSE/JSE Capped INDUSTRIAL 25 has resulted in a rebalancing of the Satrix Capped Indi ETF Portfolio. There have been changes to the Satrix Capped Indi constituents and the constituent weightings. The complete list of current constituents and their respective weightings have been included in the table below: Previous New Code Share weight weight ANH Anheuser-Busch InBev SA 1.02% 1.13% APN Aspen Pharmacare Hldgs L 1.43% 1.26% AVI AVI Ltd 1.09% 0.96% BAW Barloworld Ltd 0.94% 0.88% BID BID Corporation Ltd 3.86% 3.92% BTI British American Tob plc 5.21% 5.54% BVT Bidvest Ltd 2.45% 2.30% CFR Compagnie Fin Richemont 21.86% 20.41% CLS Clicks Group Ltd 1.92% 1.94% LHC Life Healthc Grp Hldgs L 1.12% 1.13% MCG MultiChoice Group Ltd 2.05% 1.85% MEI Mediclinic Internat Ltd 0.73% 0.91% MRP Mr Price Group Ltd 1.86% 1.43% MTN MTN Group Ltd 7.08% 6.56% NPN Naspers Ltd -N- 29.62% 30.04% NTC Netcare Limited 0.92% 0.88% PRX Prosus N V 0.00% 6.50% PIK Pick n Pay Stores Ltd 0.85% 0.00% REM Remgro Ltd 3.54% 0.00% SHP Shoprite Holdings Ltd 2.75% 2.13% SPP The Spar Group Ltd 1.35% 1.32% TBS Tiger Brands Ltd 1.37% 1.31% TFG The Foschini Group Limit 1.52% 1.33% TKG Telkom SA SOC Ltd 0.00% 0.78% TRU Truworths Int Ltd 1.15% 0.85% VOD Vodacom Group Ltd 2.65% 2.67% WHL Woolworths Holdings Ltd 1.68% 1.98% 100.00% 100.00% REBALANCING OF THE SATRIX INDI PORTFOLIO Notice is hereby given that the quarterly review of the FTSE/JSE capped industrial 25 Index has resulted in a rebalancing of the Satrix INDI ETF Portfolio. There have been changes to the Satrix INDI constituents and the constituent weightings. The complete list of current constituents and their respective weightings have been included in the table below: The following constituents have been added to the Satrix INDI: Previous New Code Share weight weight TKG Telkom SA SOC Ltd 0.00% 0.78% The following constituents have been removed from the Satrix INDI: Previous New Code Share weight weight PIK Pick n Pay Stores Ltd 0.85% 0.00% REM Remgo ltd 3.54% 0.00% These changes were applied after the close of business on Friday, 20 September 2019 and are effective from Monday, 23 September 2019. Sandton 25 September 2019 Sponsor Vunani Corporate Finance Date: 25/09/2019 08:40:00 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.