INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - IDC - Appointment of Debt Sponsor in respect of the ZAR40 billion DMTN Programme

IDC - Appointment of Debt Sponsor in respect of the ZAR40 billion DMTN Programme

Industrial Development Corporation of South Africa Limited (“IDC”)
(Incorporated in the Republic of South Africa)
Registration No. 1940/014201/06
Bond Issuer Code: IN02

APPOINTMENT OF DEBT SPONSOR IN RESPECT OF THE IDC ZAR40 BILLION DOMESTIC
MEDIUM TERM NOTE PROGRAMME

In terms of Section 2.6(b) of the JSE Limited Debt Listings Requirements, noteholders are advised that the
three (3) year appointment of The Standard Bank of South Africa Limited, as debt sponsor to the IDC came
to an end on 30 September 2021.

Following a procurement process, the IDC has appointed Absa Corporate and Investment Bank, a division
of Absa Bank Limited, to serve as its debt sponsor for a period of three (3) years with effect from
1 October 2021.

1 October 2021

Debt Sponsor
Absa Corporate and Investment Bank (a division of Absa Bank Limited)

Date: 01-10-2021 04:45:00
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