SYNTHESIS FUNDING LIMITED - New Financial Instrument Listing - SY1270

New Financial Instrument Listing - SY1270

Synthesis Funding Limited
JSE Code:   SY1270
ISIN No:    ZAG000131442

The JSE Limited has granted a listing to Synthesis Funding Limited
(“Synthesis”) under a Revolving Asset Backed Commercial Paper
(“CP”) Program, sponsored by Nedbank Limited (“Nedbank”).

INSTRUMENT TYPE: Zero Coupon Note

Authorised Programme size     R 15 000 000 000.00
Total Notes Issued            R 2 782 000 000.00
Bond Code                     SY1270
Nominal Issued                R 50 000 000.00
Issue Price                   R 49 158 429.37
Coupon Indicator              Zero
Trade Type                    Price
Final Maturity Date           16 February 2016
Books Close                   11 February 2016
Interest Date(s)              16 February 2016
Last day to register          10 February 2016
Issue Date                    16 November 2015
Day Convention                Following
Interest Commencement Date    16 November 2015
First Interest Date           16 February 2016
ISIN No.                      ZAG000131442

The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

13 November 2015

Sponsor
Nedbank CIB a division of Nedbank Limited

Date: 13/11/2015 12:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.