BNP PARIBAS ISSUANCE B.V. - ZA179-Consent Request

ZA179-Consent Request

BNP Paribas Issuance B.V.
(Incorporated in the Netherlands)
JSE Stock Code: ZA179
ISIN: ZAE000283750
Series: EI0665BRD

(the Issuer)

NOTICE OF CONFIRMING FOR WRITTEN CONSENT FROM THE HOLDER OF
BNP PARIBAS ISSUANCE B.V.’s ZAR 30,000,000 FIXED RATE NOTES WITH
INDEX LINKED REDEMPTION DUE 29 MAY 2025

1.   We refer to the request for consent (Consent Request) dated 18 January 2021
     delivered by the Issuer to each holder of Notes (the Noteholders) to the
     holder of the Notes (the Holder) issued under the Issuer’s Note, Warrant and
     Certificate Programme pursuant to a base prospectus dated 3 June 2019, as
     supplemented from time to time read together with the JSE Placement
     Document dated 1 September 2016, as amended and/or supplemented from
     time to time (the JSE Placement Document), in accordance with Condition 8
     (Notices) of the section headed “Additional Terms and Conditions” in the JSE
     Placement Document (the Additional Terms and Conditions) for purposes of
     obtaining the Holder’s written consent to amend and restate Condition 7.2 of
     the Pricing Supplement of the Notes issued under Stock Code ZA179 dated 20
     May 2020 relating to the ZAR 30,000,000 Fixed Rate Notes with Index Linked
     Redemption due 29 May 2025 (the Notes), Series EI0665BRD (the Initial
     Pricing Supplement).

2.   The Issuer seeks the Holder’s consent in accordance with Condition 7.2
     (Amendment of these Additional Terms and Conditions) of the Additional
     Terms and Conditions to:

         “amend and restate the Initial Pricing Supplement relating to the Notes, by
         replacing the current definition of “Gearing” in paragraph 58 with the
         words means “350%”.”

In this regard, the Issuer confirms the voting results from the Consent Request in
relation to the total nominal amount of those classes of debt securities that were
affected by the amendments are as follows:

 Stock     Debt         Debt        Votes abstained Votes       Votes against the
 Code      securities   securities    as a percentage carried     Consent    as   a
           voted as a                             for     the percentage
           Rand value   voted                       Consent
                        disclosed                     as        a
                                          1
                        as a              percentage
                       percent              
                       age
ZA179     ZAR          100.00 0.00%         100.00%     0.00%
          30,000,000   %


Debt Sponsor
The Standard Bank of South Africa Limited
4 April 2021




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Date: 04-05-2021 03:51:00
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