ABKI03 ABKS1 - Interest Payment Notifications AFRICAN BANK LIMITED (Incorporated in the Republic of South Africa) (Registered Bank) (Registration No. 2014/176899/06) Company code: ABKI Bond code: ABKI03 ISIN: ZAG000134560 Bond code: ABKS1 ISIN: ZAG000134412 (“African Bank”) INTEREST PAYMENT NOTIFICATIONS Noteholders are advised of the following interest payment due 6 April 2020: Bond code: ABKS1 ISIN: ZAG000134412 Coupon: 14.050% Interest period: 6 January 2020 to 5 April 2020 Interest amount due: ZAR 52 017 719.18 Payment date: 6 April 2020 Date Convention: Modified Following Business Day Noteholders are advised of the following interest payment due 14 April 2020: Bond code: ABKI03 ISIN: ZAG000134560 Fixed coupon rate: 3.200% Rate for the period: 1.600% Reference CPI: 113.93000 Base CPI: 79.92799 Applicable formula: (Nominal Amount x CPI Adjustment x Interest Rate) / 2, where: - CPI Adjustment = Reference CPI / Base CPI; and - Ref CPIDate = Ref CPIJ + (t – 1 / D) x (Ref CPIJ+1 – Ref CPIJ), all of the above terms as defined in the applicable pricing supplement Interest amount due: ZAR 36 490 447.26 Payment date: 14 April 2020 Date Convention: Modified Following Business Day URL: https://www.africanbank.co.za/en/home/corporate-info- debt-investor-info, by selecting 2016 under “Funding overview” to access the relevant pricing supplement 30 March 2020 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Think Precinct, 1 Merchant Place Cnr Fredman Drive & Rivonia Road Sandton 2196, South Africa P O Box 786273, Sandton, 2146, South Africa Date: 30-03-2020 02:16:00 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.