AMBER HOUSE FUND 2 (RF) LIMITED - Moody's Recalibrates South Africa's National Rating Scale Rating and Repositions National Scale Ratings in Structure

Moody's Recalibrates South Africa's National Rating Scale Rating and Repositions National Scale Ratings in Structure

Amber House Fund 2(RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2012/065 316/06)
Instrument Code: AHF2B2    ISIN: ZAG000130105
Instrument Code: AHF2C2    ISIN: ZAG000130113

Moody's Recalibrates South Africa's National Rating Scale
Rating and Repositions National Scale Ratings in Structured
Finance Transactions

Noteholders are advised of Moody’s Investor Service’s recent
repositioning of the national scale ratings of 33 South
African structured finance notes in conjunction with the
recalibration of South African national rating scale.

Kindly take note of the below instruments which have been
affected by the change in Moody’s methodology change below:


Instrument     Tranche    Prior    Prior          Current/Revise
               Number     Rating   National       d National
                                   Scale Rating   Scale Rating
ZAG000130105   B          Baa3     A2.za          Aa2.za
ZAG000130113   C          Ba3      Baa3.za        Baa2.za


For more details on the revision of the ratings methodology
process, please see below link to Moody’s website:

https://www.moodys.com/research/Moodys-recalibrates-South-
Africas-national-rating-scale-and-repositions-national--
PR_348599



17 May 2016
Debt Sponsor
The Standard Bank of South Africa Limited

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