THE THEKWINI FUND 11 (RF) LIMITED - Partial Capital Redemption Announcement

Partial Capital Redemption Announcement

The Thekwini Fund 11 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2013/020 930/06)

Instrument Code: TH11A1   ISIN: ZAG000107376
Instrument Code: TH11A4   ISIN: ZAG000110289
Instrument Code: TH11A7   ISIN: ZAG000114307

Partial Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini Fund
11 (RF) Limited notes, relevant noteholders are advised of the
below partial redemption effective Tuesday, 18 July 2017.

                                                       Amount
                                      Capital
                                                    Outstanding
   Stock Code         ISIN          Redemption
                                                   after Capital
                                      Amount
                                                     Redemption
     TH11A1       ZAG000107376    R33 017 549.00   R3 749 149.00
     TH11A4       ZAG000110289    R30 871 409.00   R3 505 454.00
     TH11A7       ZAG000114307    R18 737 458.00   R2 127 642.00

For further information please contact:
Mike Brunke         The Standard Bank of South Africa Limited
+27 11 721 8101

13 July 2017

Debt Sponsor
The Standard Bank of South Africa Limited

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