CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM07, EMM07P and EMM01

Interest and Capital Payment Notification - EMM07, EMM07P and EMM01

CITY OF EKURHULENI METROPOLITAN MUNICIPALITY
JSE alpha code: BIEM
(“City of Ekurhuleni” or the “CoE”)

Bond Code: EMM07
ISIN: ZAG000145194

Bond Code: EMM07P
ISIN: ZAG000145384

Bond Code: EMM01
ISIN: ZAG000078916


INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Bondholders are advised of the following interest payments:

 Bond code:             EMM07
 ISIN:                  ZAG000145194
 Coupon:                10.52%
 Interest period:       Semi - Annual
 Payment date:          10 January 2020
 Interest amount due:   ZAR 21,040,000.00


 Bond code:             EMM07P
 ISIN:                  ZAG000145384
 Coupon:                11.32%
 Interest period:       17 July 2019          To   16 January 2020
 Payment date:          17 January 2020
 Interest amount due:   ZAR 39,565,209.06


 Bond code:             EMM01
 ISIN:                  ZAG000078916
 Coupon:                10.56%
 Interest period:       Semi - Annual
 Payment date:          29 January 2020
 Interest amount due:   ZAR 43,032,000.00


In accordance with the Terms and Conditions of the Ekurhuleni Metropolitan Municipality ZAR8
billion Domestic Medium Term Note Programme, investors are herewith advised of the partial
capital redemptions of the EMM07 and EMM07P notes effective 10 January 2020 and 17 January
2020 respectively.


                             Capital Redemption                 Amount Outstanding After
                                   Amount                         Capital Redemption
   EMM07–
                               R25,000,000.00                        R375,000,000.00
 ZAG000145194

   EMM07P–
                               R26,666,667.00                        R666,666,665.00
 ZAG000145384




07 January 2020

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

Date: 07-01-2020 01:59:00
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