TORQUE SECURITISATION (RF) LIMITED - TORQ3, TORQ7 and TORQ8 - Notification of a Full Capital Reduction of Listed Debt Securities

TORQ3, TORQ7 and TORQ8 - Notification of a Full Capital Reduction of Listed Debt Securities

Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
Company code: TSRF
Bond code: TORQ3 ISIN: ZAG000099235
Bond code: TORQ7 ISIN: ZAG000118761
Bond code: TORQ8 ISIN: ZAG000128760
(“Torque”)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Torque’s Secured Asset Backed Note Programme dated 9
June 2015, bondholders are herewith advised of the full capital reduction of the TORQ3, TORQ7 and TORQ8
notes.

Bond Code:                         TORQ3
ISIN:                              ZAG000099235
Effective Date:                    15 May 2018
Amount before Reduction:           ZAR 8 164 064.00
Reduction Amount:                  ZAR 8 164 064.00
Amount after Reduction:            ZAR 0.00

Bond Code:                         TORQ7
ISIN:                              ZAG000118761
Effective Date:                    15 May 2018
Amount before Reduction:           ZAR 10 205 080.00
Reduction Amount:                  ZAR 10 205 080.00
Amount after Reduction:            ZAR 0.00

Bond Code:                         TORQ8
ISIN:                              ZAG000128760
Effective Date:                    15 May 2018
Amount before Reduction:           ZAR 9 715 236.00
Reduction Amount:                  ZAR 9 715 236.00
Amount after Reduction:            ZAR 0.00

The full capital reduction is due to the amortisation of the listed debt securities of the Issuer.

11 May 2018

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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