BNP PARIBAS ISSUANCE B.V. - Issue Of ZAR50,000,000 Index Linked Redemption Notes - ZA121

Issue Of ZAR50,000,000 Index Linked Redemption Notes - ZA121

BNP Paribas Issuance B.V
(formerly BNP Paribas Arbitrage Issuance B.V.)

Stock Code: ZA121

ISIN Code: ZAE000244992

Dated: 31 July 2017

Issue of ZAR50,000,000 Index Linked Redemption Notes due 2
August 2022

The JSE Limited has granted a listing to BNP Paribas Issuance
B.V. – ZA121 Index Linked Redemption Notes due 2 August 2022,
under its Note, Warrant and Certificate Programme dated 7 June
2017 (read with the JSE Placement Document dated 1 September
2016) as supplemented from time to time.

Authorised Programme size       Unlimited
Total securities issued         ZAR 7,841,193,960


Full Note details are as follows:

Nominal Issued:                  ZAR50,000,000
Issue Price:                     ZAR1,000 per note
Type of Securities:              Index Linked Redemption Notes
Underlying Index:                BNP Paribas Multi-Asset
                                 Diversified Vol 8 EUR Future
                                 Index
Interest Commencement Date:      Not Applicable
Interest Payment Date:           Not Applicable
Settlement Date:                 01 August 2017
Declaration Date:                12 July 2022
Last day to trade:               26 July 2022
Ex-Date:                         27 July 2022
Record Date:                     29 July 2022
Maturity Date:                   02 August 2022

Placement Agent:                 BNP Paribas Arbitrage S.N.C.

Settlement will take place electronically in terms of JSE Rules.

For further information on the Securities issued please contact:

Michael Schneider         BNP               Tel:(+33)140 1496 15

31 July 2017

Sponsor: The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking division

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