Stockholder information

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FINANCIAL CALENDAR

PERSONAL TAXATION

Income Tax

• Dividends are paid to stockholders net of a tax credit of 10%. Stockholders liable for higher rate tax will be assessed for the additional tax through their annual tax return.

Capital Gains Tax

• SIT pays no CGT on gains made within the portfolio allowing the managers to make investment decisions solely on performance criteria. However, when you sell all or part of your holding, you may be liable to CGT on gains in excess of £9,600 (tax year 2008-2009). For investors who purchased stock prior to 31 March 1982 the cost for CGT purposes may be based on the price on that date of 41.472p.

The information set out above is of a general nature only and relates to United Kingdom taxation, which is applicable to UK resident individuals and was prepared in 2008. Levels of, and reliefs from, taxation are subject to change. If you are in any doubt as to your tax position, you should consult your professional adviser.

FOLLOWING YOUR INVESTMENTS

• SIT stockholders are invited to our annual general meeting. We provide all our investors with an annual report, as well as an interim report at mid-year.
  
  
• SIT savers and ISA investors receive statements twice yearly.

Electronic communications

If you are a name on register stockholder (i.e. not in the ISA or STOCKPLAN schemes), you may choose to receive our interim and annual reports and other stockholder communications electronically instead of in paper form.

All you need to do to register is click here to access our registrar's website and provide your email details. You will then be advised by email when an electronic communication is available to be accessed.

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