BANK WINDHOEK LIMITED - Interest Rate Reset Announcement - BWZJ18

Interest Rate Reset Announcement - BWZJ18

Bank Windhoek Limited
(Incorporated in the Republic of Namibia)
Stock Code: BWZJ18
ISIN Code: ZAG000110768
(“Bank Windhoek”)

INTEREST RATE RESET ANNOUNCEMENT

BWZJ18      8,142% p.a. (3 month ZAR-Jibar of 6.342% plus 1.8%)
            for the period 19 November 2015 to
            18 February 2016, payable on 19 February 2016
            (Following*)
            Next reset: 19 February 2016

JIBAR rate as at 19 November 2015: 3 Month 6.342%

* When the interest payment date falls on a non business day,
one of the following date conventions will be applied, as
specified for each individual bond:

1.   Following – This means that the interest will be paid on
     the first business day after the weekend or public
     holiday.

2.   Modified following – This means that the interest will be
     paid on the first business day after the weekend or public
     holiday. However, if the first business day after the
     weekend or public holiday falls in a new calendar month
     the last business day before the weekend / public holiday
     will be used instead.

3.   Preceding – This means that the interest will be paid on
     the last business day before the weekend or public
     holiday.

Dated 19 November 2015

Debt Sponsor
PSG Capital Proprietary Limited

Date: 19/11/2015 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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