Ashburton Top 40 ETF resolved to make a quarterly distribution for the quarter ended 31 March 2016. The distribution will amount to 28.02 cents (ZAR 0.2802) per Ashburton Top 40 security and is constituted as follows: Gross local dividend of 28.02 cents (ZAR 0.28020) per security to holders who are exempt from Dividends Tax. Net local dividend of 23.8170 cents (ZAR 0.23817) per security to holders who are not exempt from Dividends Tax.