LAND & AGRICULTURAL DEV BANK OF SA - Tap Issue of R252,000,000 - LBK05

Tap Issue of R252,000,000 - LBK05

LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA

Dated: 15 September 2014

Stock Codes:
LBK05 – ZAG000113572

Tap Issue Announcement

The JSE Limited has granted a tap issue to the Land and
Agricultural Development Bank of South Africa – “LBK05” Senior
Unsecured Notes under its Domestic Medium Term Note Programme.

Full Note details are as follows:

Authorised Programme size           R10,000,000,000.00
Total notes in issue                R4,318,000,000.00
Bond Code:                          LBK05
Aggregate Nominal Amount:           ZAR252,000,000.00
Coupon Indicator:                   Floating Rate
Trade Type                          Price
Floating Interest Rate              3 Month JIBAR plus 153 bps
Issue Price:                        99.938597%
Maturity Date:                      28 February 2019
First Interest Payment Date:        28 November 2014
Interest Payment Dates:             28 February, 28 May, 28
                                    August and 28 November of
                                    each year until the Maturity
                                    Date
Books Close:                        the period from and including
                                    18 February to 27 February,
                                    18 May to 27 May, 18 August
                                    to 27 August and 18 November
                                    to 27 November of each year
Last day to register:               By 17h00 on 26 February, 26
                                    May, 26 August and 26
                                    November of each year
Interest Commencement Date:         28 August 2014
Settlement Date:                    16 September 2014
Placement Agent:                    RMB and ABSA



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

For Further information on the Note issued please contact:
Alexi Contogiannis       SBSA (Sponsor)           (011) 721 8003

Date: 15/09/2014 05:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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