Ashburton Top 40 ETF have resolved to make a quarterly distribution to holders of Ashburton Top 40 securities for the quarter ending 30 June 2016. The distribution will amount to 23.64 cents (ZAR 0.2364) per Ashburton Top 40 security and is constituted as: Gross local dividend of 23.64 cents (ZAR 0.2364) per security to holders who are exempt from dividends tax and net local dividend of 20.094 cents (ZAR 0.2009) per security to holders who are not exempt from dividends tax. Payment will be effected on 11 July 2016 to all holders of Ashburton Top 40 ETF securities recorded in the register on 08 July 2016.