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Notification of Increase in Programme Size
THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Stock Code: LBK03 ISIN: ZAG000109554
Stock Code: LBK05 ISIN: ZAG000113572
Stock Code: LBK06 ISIN: ZAG000113762
Stock Code: LBK07 ISIN: ZAG000120007
Stock Code: LBK08 ISIN: ZAG000121005
Stock Code: LBK11 ISIN: ZAG000121955
(“the Land Bank”)
NOTIFICATION OF INCREASE IN PROGRAMME SIZE
Noteholders are advised that in line with its authority to do so
in terms of the provisions of the Programme Memorandum for its
ZAR10,000,000,000 Domestic Medium Term Note Programme, the board
of directors of the Land Bank, on 1 April 2015, resolved to
increase the programme size from ZAR10,000,000,000 to
ZAR20,000,000,000 (“Programme Size Increase”).
The Programme Size Increase was subject to certain conditions,
contained in the Programme Memorandum read with the Programme
Agreement, being met in addition to obtaining the approval of
the JSE Limited.
Noteholders are advised that all the relevant conditions have
been met and the requisite approvals obtained and, accordingly,
the Programme Size Increase is effective from 3 November 2015.
Johannesburg
23 November 2015
Debt Sponsor
The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Alexi Contogiannis SBSA (011) 721 8003
Date: 23/11/2015 10:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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