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Mon 10 Apr 2006, 15:21 Satrix Swix Top 40 - Conversion Ratio - Applicatio
JSE
 STX                                                                             
Satrix Swix Top 40 - Conversion Ratio - Applications under the IPO              
SATRIX SWIX TOP 40                                                              
Share code: STXSWX & ISIN: ZAE000078580                                         
A portfolio in the Satrix Collective Investment Scheme in Securities ("Satrix") 
(Issuer Code: STX)(Established in the Republic of South Africa on 27 November   
2000 and converted to a collective investment scheme on 30 July 2004 in terms of
the Collective Investment Schemes Control Act, 45 of 2002 (the "Act"))          
(the "portfolios")                                                              
CONVERSION RATIO - APPLICATIONS UNDER THE IPO                                   
Securities holders are referred to the announcement published on SENS on Friday,
7 April 2006 and advised that the correct conversion ratio is 0,24489 securities
for every 1 LA issued, and not the ratio published in that announcement. All    
conversions of LAs to securities have been effected in accordance with the      
correct ratio.                                                                  
Johannesburg                                                                    
10 April 2006                                                                   
Manager                                                                         
Satrix Managers (Proprietary) Limited                                           
Corporate advisor, legal advisor and sponsor                                    
Java Capital (Proprietary) Limited                                              
Trustee                                                                         
Absa Bank Limited                                                               
Date: 10/04/2006 03:21:20 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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