TRANSSEC (RF) LIMITED - Amendments To The Programme Memorandum

Amendments To The Programme Memorandum

Transsec RF Limited
(Incorporated with limited liability in the Republic of South Africa)
(Registration number 2012/209822/06)
Formerly called Transsec Proprietary Limited (with registration number 2012/209822/07)
(“Transsec”)




TRANSSEC (RF) LIMITED ZAR4 000 000 000 ASSET BACKED NOTE
PROGRAMME: AMENDMENTS TO THE PROGRAMME MEMORANDUM

Date: 15 December 2017

1.          Capitalised terms used but not otherwise defined herein shall bear the respective meanings ascribed
            thereto in the programme memorandum issued by Transsec (RF) Limited (the “Issuer”) on or about
            2 June 2014 (the “Programme Memorandum”).


2.          We refer to Condition 17 and hereby furnish you with written notice that the Programme Memorandum
            has been amended on the basis as is set out in the supplement to the Programme Memorandum attached
            hereto as Appendix “A” (the “Amendments”).


3.          We confirm that:


            3.1.          the Security SPV has, in accordance with the Conditions, approved the Amendments in writing;


            3.2.          the Rating Agency has, in accordance with the Conditions, been furnished with prior written
                          notice of the Amendments; and


            3.3.          due to the nature of the Amendments, the Noteholders were not required to approve the
                          Amendments.


4.          The supplement to the Programme Memorandum referred to in paragraph 2 above will be made available
            on the Servicer’s website (on behalf of the Issuer) at http://www.transactioncapital.co.za/transsec3.php
            and on the JSE’s website at http://www.jse.co.za.


5.          The Issuer delivers this notice to the Central Securities Depository and the Interest Rate Market of the JSE
            in accordance with the Conditions.


Debt Sponsor
The Standard Bank of South Africa Limited

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