Ashburton Top 40 ETF have resolved to make a quarterly distribution to holders of Ashburton Top 40 ETF securities for the quarter ended September 30, 2016. The distribution will amount to 43.06310 cents (ZAR 0.430631) per Ashburton Top 40 ETF security and is constituted as: Gross local dividend of 22.17135 cents (ZAR 0.2217135) per security to holders who are exempt from Dividends Tax. Net local dividend of 18.84565 cents (ZAR 0.1884565) per security to holders who are not exempt from Dividends Tax. Payment will be effected on October 17, 2016 to all holders of Ashburton Top 40 ETF securities recorded in the register on October 14, 2016.