| Tue 27 Jan 2009, 17:30 | | DBXEU - db x-trackers DJ Euro Stoxx 50 ETF - Distribution Announcement |
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JSE DBXEU
DBX
DBXEU - db x-trackers DJ Euro Stoxx 50 ETF - Distribution Announcement
db x-trackers DJ Euro Stoxx 50 ETF
Share Code: DBXEU
ISIN: ZAE000115937
("dbx Euro 50")
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
DISTRIBUTION ANNOUNCEMENT
The manager and trustees of db x-trackers have resolved to make a distribution
to holders of dbx Euro 50 securities recorded in the Register as at 2 January
2009 ("holders"), in respect of the period ended 31 December 2008.
Details of the distribution are set out below:
- The distribution payable to holders will be an amount in ZAR equivalent to
EUR 0.02653 (two point six five three cents) per dbx Euro 50 security, less
the applicable management fee as detailed in the Second Supplement to the
Offering Circular and Pre-listing Statement dated 19 September 2005 (the
"EUR distribution amount").
- The EUR distribution amount will be converted to ZAR at the exchange rate
prevailing on or about Thursday, 29 January 2009, details of which will be
published on SENS on or about Friday, 30 January 2009.
- The distribution will be paid to holders on or about Tuesday, 3 February
2009.
Holders of dbx Euro 50 securities who hold 100,000 or more dbx Euro 50
securities may elect to receive the distribution in EUR payable to their
"foreign EUR cash account held at their applicable EUR 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 Thursday, 29 January 2009, failing which
holders will be paid the ZAR equivalent referred to above.
DISTRIBUTION INFORMATION
The EUR distribution amount (which represents a pro rata portion of the
distributable income of the portfolio) has been calculated after deduction of
any withholding tax payable by db x-trackers on dividends. The EUR distribution
amount of EUR 0.02653 per dbx Euro 50 security is calculated as follows:
- Gross foreign dividends of EUR 0.03323 (three point three two three cents);
- Less withholding tax of EUR 0.00711 (zero point seven one one cents);
- Plus other income (foreign interest) of EUR 0.0.00041 (zero point zero four
one cent).
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.
27 January 2009
Manager
db x-trackers (Proprietary) Limited
Sponsor
Java Capital (Proprietary) Limited
Trustee
The Standard Bank of South Africa Limited
Date: 27/01/2009 17:30:01 Produced by the JSE SENS Department.
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