INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - Notification of update to the R40bn Domestic Medium Term Note Programme - IN02

Notification of update to the R40bn Domestic Medium Term Note Programme - IN02

Industrial Development Corporation of South Africa Limited (“IDC”)
(Incorporated in the Republic of South Africa)
Registration No. 1940/014201/06
Bond Issuer Code: IN02
(“the Issuer”)


NOTIFICATION OF AN UPDATE TO PROGRAMME MEMORANDUM

The Industrial Development Corporation of South Africa Ltd has received approval from the JSE in terms
of its amended ZAR40,000,000,000 Domestic Medium Term Note Programme (“the Programme”) dated 13
May 2015. A summary of the changes effected in the Amended and Restated Programme Memorandum
include:

    -   Updating the Terms and Conditions with the most recent JSE Debt Listings Requirements (“JSE
        DLRs”);
    -   Update to the information pertaining to the general description of the issuer and programme;
    -   Updating to the risk factors associated with an investment in the Notes, including, but not limited
        to, risk factors specific to the Issuer;
    -   Update of the General Summary of the programme (Auditors, debt sponsor, issuer agent and
        settling bank, and calculation agent);
    -   Update to the Documents incorporated by reference;
    -   Appointment of new dealers in accordance with the provisions of the Programme Agreement;
    -   Appointment of issuer agent and settling bank and debt sponsor in accordance with the provisions
        of Agency Agreement

The updated Programme is available for inspection at the registered office of the Issuer and will be
made available for inspection on its website: https://www.idc.co.za/wp-content/uploads/2021/12/IDC-
DMTN-Amended-and-Updated-Programme-Memorandum_23092021.pdf


17 December 2021

Debt Sponsor
Absa Corporate and Investment Bank (a division of Absa Bank Limited)

Date: 17-12-2021 08:00:00
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