| Thu 17 Jul 2008, 17:51 | | DBXUK - db x-trackers FTSE 100 ETF - Distribution announcement |
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JSE DBXUK
DBX
DBXUK - db x-trackers FTSE 100 ETF - Distribution announcement
db x-trackers FTSE 100 ETF
Share code: DBXUK
ISIN: ZAE000115929
("dbx FTSE")
A portfolio in the db x-trackers Collective Investment Scheme in Securities ("db
x-trackers") (formerly the Itrix Collective Investment Scheme in Securities)
registered as such in terms of the Collective Investment Schemes Control Act, 45
of 2002, managed by db x-trackers (Proprietary) Limited (formerly Itrix Managers
(Proprietary) Limited)
DISTRIBUTION ANNOUNCEMENT
The manager and trustees of the db x-trackers (being db x-trackers (Proprietary)
Limited and The Standard Bank of South Africa Limited respectively) have
resolved to make a distribution to holders of dbx FTSE securities recorded in
the Register as at 27 June 2008 ("holders"), in respect of the period ended 30
June 2008.
Details of the distribution are set out below:
- The distribution payable to holders will be an amount in ZAR equivalent to
GBP 0.13864 (thirteen point eight six four pence) per dbx FTSE security,
less the applicable management fee as detailed in the First Supplement to
the Offering Circular and Pre-listing Statement dated 19 September 2005
(the "GBP distribution amount").
- The GBP distribution amount will be converted to ZAR at the exchange rate
prevailing on or about Thursday, 24 July 2008, details of which will be
published on SENS on or about Friday, 25 July 2008.
- The distribution will be paid to holders on or about Wednesday, 30 July
2008.
Holders of dbx FTSE securities who hold 100,000 or more dbx FTSE securities may
elect to receive the distribution in GBP payable to their "foreign GBP cash
account held at their applicable GBP clearer". Such election is to be conveyed
to db x-trackers (Proprietary) Limited via the holder`s CSDP in the required
format by no later than Wednesday, 23 July 2008, failing which holders will be
paid the ZAR equivalent referred to above.
WITHHOLDING TAX
The GBP distribution amount (which represents a pro rata portion of the
distributable income of the portfolio) has been calculated after deduction of
withholding tax (being tax payable by db x-trackers to the British Government)
on dividends. The GBP distribution amount of GBP 0.13864 per dbx FTSE security
is calculated as follows:
- Gross foreign dividends of GBP 0.15286 ( fifteen point two eight six
pence);
- Less withholding tax of GBP 0.01611 (one point six one one pence);
- Plus other income (foreign interest) of GBP 0.00189 (zero point one eight
nine pence).
The information set out above is published for information purposes only, inter
alia, to enable South African resident tax payers the ability to claim a foreign
tax credit or rebate (in terms of section 6 quat) or a deduction (in terms of
section 11C(4) of the Income Tax Act 58 of 1962, in respect of foreign dividend
income accruing to holders. This information does not purport to constitute tax
advice, is not exhaustive and holders should contact their tax advisors if they
are in any doubt as to their right to a tax rebate or deduction or the action to
be taken by them.
17 July 2008
Manager
db x-trackers (Proprietary) Limited
Sponsor
Java Capital (Proprietary) Limited
Trustee
The Standard Bank of South Africa Limited
Date: 17/07/2008 17:51:08 Produced by the JSE SENS Department.
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