Page 9 - ABSA Trust

4.6 To hand over any items of a household or personal nature to a beneficiary, or should a beneficiary be a minor,
then to his or her guardian for safekeeping against the acquittance of such a beneficiary or guardian, as the

case may be, which shall be a sufficient discharge to the trustee. It shall not be necessary for such beneficiary
or guardian to furnish security in this regard.

4.7 To apply so much of the net income and, if required, the capital as the trustee may deem necessary for the
maintenance and education of the beneficiary or for any other purpose in his or her interest. Any income not

utilised for these purposes may be capitalised.

4.8 To terminate the trust when the beneficiary attains the age of 21 years or on his or her death or when the trust
assets are insufficient, at the sole discretion of the trustee, to fulfil the purpose and spirit of the trust,
whichever event occurs first and to make over and/or pay the capital and any accrued income to our

beneficiaries or, should any of our beneficiaries not be alive at that stage, then to his or her issue by
representation and failing issue then to the remaining beneficiaries or in the event of predecease then to the
issue of such a beneficiary by representation.

5. PROTECTION OF BENEFITS

It is a specific condition of this will that any benefit, which may accrue to any beneficiary in terms of this will
as well as any income derived therefrom, shall be excluded from the legal consequences of any existing or
future marriage or relationship.

6. GUARDIANSHIP

Failing a natural guardian we nominate the sister of the Testatrix WENDY CAMERON as the guardian of our
minor child(ren), free from any obligation to furnish security.

7. COLLATION

We direct that any assets received by our beneficiaries from us during our lifetime shall not be taken into

account in the distribution of our estates.

8. EXECUTOR

We nominate ABSA TRUST LIMITED as our executor, who shall be entitled to executor’s remuneration

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Witness Testator

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Witness Testatrix

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