THE THEKWINI FUND 17 (RF) LIMITED - The Thekwini Fund 17 (RF) Limited Interest Rate Reset

The Thekwini Fund 17 (RF) Limited Interest Rate Reset

 The Thekwini Fund 17 (RF) Limited
 (incorporated with limited liability in the Republic of South
 Africa)
 (Registration number: 2020/916910/06)
Issuer Code: TKWI17

The Thekwini Fund 17 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21
February 2022 to, but excluding, 23 May 2022, the interest
rates for The Thekwini Fund 17 (RF) Limited Notes will be as
follows:

  •   R 245 953 576.00 Class OM2 Secured Floating Rate Notes
      due 21 November 2022 (the Class Omega Notes) (ISIN No.
      ZAG000181421; JSE Bond Code TH17O2)

  •   R 503 000 000.00 Class A11 Secured Floating Rate Notes
      due 21 February 2056 (the Class A Notes) (ISIN No.
      ZAG000174897; JSE Bond Code T17A11)

  •   R 936 000 000.00 Class A21 Secured Floating Rate Notes
      due 21 February 2056 (the Class A Notes) (ISIN No.
      ZAG000174988; JSE Bond Code T17A21)

  •   R 120 000 000.00 Class A31 Secured Fixed Rate Notes due
      21 February 2056 (the Class A Notes) (ISIN No.
      ZAG000174921; JSE Bond Code T17A31)

  •   R 495 000 000.00 Class A12 Secured Floating Rate Notes
      due 21 February 2056 (the Class A Notes) (ISIN No.
      ZAG000181439; JSE Bond Code T17A12)

  •   R 1 005 000 000.00 Class A22 Secured Floating Rate Notes
      due 21 February 2056 (the Class A Notes) (ISIN No.
      ZAG000181447; JSE Bond Code T17A22)

  •   R 246 000 000.00 Class A32 Secured Fixed Rate Notes due
      21 February 2056 (the Class A Notes) (ISIN No.
      ZAG000181488; JSE Bond Code T17A32)

  •   R 107 000 000.00 Class B1 Secured Floating Rate Notes due
      21 February 2056 (the Class B Notes) (ISIN No.
      ZAG000174913; JSE Bond Code TH17B1)

  •   R 125 000 000.00 Class B2 Secured Floating Rate Notes due
      21 February 2056 (the Class B Notes) (ISIN No.
      ZAG000181470; JSE Bond Code TH17B2)
  •   R 80 000 000.00 Class C1 Secured Floating Rate Notes due
      21 February 2056 (the Class C Notes) (ISIN No.
      ZAG000174905; JSE Bond Code TH17C1)

  •   R 90 000 000.00 Class C2 Secured Floating Rate Notes due
      21 February 2056 (the Class C Notes) (ISIN No.
      ZAG000181454; JSE Bond Code TH17C2)

  •   R 74 000 000.00 Class D1 Secured Floating Rate Notes due
      21 February 2056 (the Class D Notes) (ISIN No.
      ZAG000174889; JSE Bond Code TH17D1)

  •   R 82 000 000.00 Class D2 Secured Floating Rate Notes due
      21 February 2056 (the Class D Notes) (ISIN No.
      ZAG000181462; JSE Bond Code TH17D2)

(Collectively, the Notes)
Notice is hereby given, in accordance with condition 8.3. of
the terms and conditions of the Notes, that the JIBAR rate for
the interest period (from and including 21 February 2022 to,
but excluding, 23 May 2022) based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 4.192% on
21 February 2022.

  •   Interest on the Class OM2 Floating Rate Notes for the
      interest period was set at 4.942%

  •   Interest on the Class A11 Floating Rate Notes for the
      interest period was set at 5.412%

  •   Interest on the Class A21 Floating Rate Notes for the
      interest period was set at 5.642%

  •   Interest on the Class A31 Fixed Rate Notes for the
      interest period was set at 7.210%

  •   Interest on the Class A12 Floating Rate Notes for the
      interest period was set at 5.392%

  •   Interest on the Class A22 Floating Rate Notes for the
      interest period was set at 5.542%

  •   Interest on the Class A32 Fixed Rate Notes for the
      interest period was set at 7.720%

  •   Interest on the Class B1 Floating Rate Notes for the
      interest period was set at 6.092%
  •   Interest on the Class B2 Floating Rate Notes for the
      interest period was set at 5.942%

  •   Interest on the Class C1 Floating Rate Notes for the
      interest period was set at 6.452%

  •   Interest on the Class C2 Floating Rate Notes for the
      interest period was set at 6.222%

  •   Interest on the Class D1 Floating Rate Notes for the
      interest period was set at 8.292%

  •   Interest on the Class D2 Floating Rate Notes for the
      interest period was set at 7.922%

21 February 2022

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 21-02-2022 05:10:00
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