THE THEKWINI FUND 12 (RF) LIMITED - Partial Redemptions

Partial Redemptions

The Thekwini Fund 12 (RF) Limited

Instrument Code:    TH12A1   ISIN:   ZAG000120031
                    TH12A4   ISIN:   ZAG000121690
                    TH12A7   ISIN:   ZAG000123159
                    T12A10   ISIN:   ZAG000125766

Date: 21 February 2017

Partial Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini Fund
12 (RF) Limited notes, relevant noteholders are advised of the
below partial redemptions effective Monday, 21 February 2017 as
well as previous partial redemption balances for your records:

21 February 2017
                                                           Amount
   Stock                            Capital          Outstanding after
                   ISIN
   Code                        Redemption Amount          Capital
                                                        Redemption
   TH12A1     ZAG000120031       29   867   031.00    140 894 050.00
   TH12A4     ZAG000121690       29   760   363.00    140 390 857.00
   TH12A7     ZAG000123159       10   666   797.00     50 319 303.00
   T12A10     ZAG000125766       17   066   875.00     80 510 885.00



21 November 2016

                                                           Amount
   Stock                            Capital          Outstanding after
                   ISIN
   Code                        Redemption Amount          Capital
                                                        Redemption
   TH12A1     ZAG000120031       33   090   693.00    170 761 081.00
   TH12A4     ZAG000121690       32   972   512.00    170 151 220.00
   TH12A7     ZAG000123159       11   818   105.00     60 986 100.00
   T12A10     ZAG000125766       18   908   967.00     97 577 760.00




For further information please contact:
Kea Sape       The Standard Bank of South Africa Limited +27
11 344 5674

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 21/02/2017 04:16:00 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.