NEW DEVELOPMENT BANK - Amended And Restated Programme Memorandum - New Development Bank

Amended And Restated Programme Memorandum - New Development Bank

New Development Bank
(Established by the agreement on the New Development Bank, executed
amongst governments of the Federative Republic of Brazil, the
Russian Federation, the Republic of India, the People’s Republic of
China and the Republic of South Africa on July 15, 2014 in
Fortaleza)
Issuer code: NDBI
(“the Issuer”)


AMENDED AND RESTATED PROGRAMME MEMORANDUM

Noteholders are referred to the ZAR10,000,000,000.00 Note
Programme Memorandum (“the Initial Programme Memorandum”) which
was established by the Issuer on 25 March 2019 (the “Initial
Programme”).

The Initial Programme Memorandum will be superseded and replaced
by the terms and conditions of a new Programme Memorandum of the
Issuer, dated 10 August 2023 (the “New Programme Memorandum”).

The New Programme Memorandum has been updated to comply with all
of the applicable provisions of the amended JSE Debt Listings
Requirements (effective 30 November 2022).

The New Programme Memorandum was approved by the JSE on 11 August
2023 and is available for viewing on the following website link:


https://www.ndb.int/investor-relations/borrowing-programmes/


11 August 2023


Debt Sponsor
The Standard Bank of South Africa

Date: 11-08-2023 01:22:00
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