AFRICAN BANK LIMITED - ABJ04 ABJ05 ABX01 - Interest payment notification and update to previous announcement

ABJ04 ABJ05 ABX01 - Interest payment notification and update to previous announcement

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
LEI: 2549008X8SL1B1J86F98
Bond code: ABJ04         ISIN: ZAG000184680
Bond code: ABJ05         ISIN: ZAG000184698
Bond code: ABX01         ISIN: ZAG000160870
(“African Bank” or the “Bank”)


INTEREST PAYMENT NOTIFICATION AND UPDATE TO PREVIOUS ANNOUNCEMENT

INTEREST PAYMENT NOTIFICATION

Noteholders are advised of the following interest payment due 10 January 2023:

Bond code:                  ABX01
ISIN:                       ZAG000160870
Coupon:                     10.93%
Interest amount due:        ZAR 12 877 935.62
Interest period:            11 July 2022 to 9 January 2023
Payment date:               10 January 2023
Date Convention:            Modified Following Business Day


UPDATE TO PREVIOUS ANNOUNCEMENT

Noteholders are referred to the announcement released by the Bank on SENS on 22
November 2022 (the “previous announcement”), in relation to the interest payments on
various African Bank notes. African Bank wishes to notify the ABJ04 and ABJ05 noteholders
that the Interest Amount Due on the ABJ04 and ABJ05 notes (collectively, the “Notes”), as
contained in the previous announcement, has been updated to include the tap issuances of
the Notes. The updated Interest Amount Due on each note is as follows:

Bond code:                  ABJ04
ISIN:                       ZAG000184680
Interest amount due:        ZAR 6 322 530.41

Bond code:                  ABJ05
ISIN:                       ZAG000184698
Interest amount due:        ZAR 9 913 116.16



23 December 2022

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

Date: 23-12-2022 07:45:00
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