SYNTHESIS FUNDING LIMITED - New Financial Instrument Listing - SY1279

New Financial Instrument Listing - SY1279

Synthesis Funding Limited
JSE Code:   SY1279
ISIN No:    ZAG000132648

The JSE Limited has granted a listing to Synthesis Funding Limited
(“Synthesis”) under a Revolving Asset Backed Commercial Paper
(“CP”) Program, sponsored by Nedbank Limited (“Nedbank”).

INSTRUMENT TYPE: Zero Coupon Note

Authorised Programme size     R 15 000 000 000.00
Total Notes Issued            R 2 761 000 000.00
Bond Code                     SY1279
Nominal Issued                R 500 000 000.00
Issue Price                   R 497 075 180.58
Coupon Indicator              Zero
Trade Type                    Price
Final Maturity Date           15 February 2016
Books Close                   10 February 2016
Interest Date(s)              15 February 2016
Last day to register          09 February 2016
Issue Date                    15 January 2016
Day Convention                Following
Interest Commencement Date    15 January 2016
First Interest Date           15 February 2016
ISIN No.                      ZAG000132648

The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

14 January 2016

Sponsor
Nedbank CIB a division of Nedbank Limited

Date: 14/01/2016 12:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.