AFRICAN BANK LIMITED - ABKI03 and ABKS1 - Interest Payment Notifications

ABKI03 and ABKS1 - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABKI03     ISIN: ZAG000134560
Bond code: ABKS1      ISIN: ZAG000134412
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

Bondholders are advised of the following interest payment due 4 April 2019:

Bond code:                  ABKS1
ISIN:                       ZAG000134412
Nominal amount:             ZAR 1 485 000 000.00
Coupon:                     14.400%
Interest period:            4 January 2019 to 3 April 2019
Interest amount due:        ZAR 52 727 671.23
Payment date:               4 April 2019
Date Convention:            Modified Following Business Day

Bondholders are advised of the following interest payment due 15 April 2019:

Bond code:                  ABKI03
ISIN:                       ZAG000134560
Nominal amount:             ZAR 1 600 000 000.00
Interest rate:              3.200%
Rate for the period:        1.600%
Base CPI (rebased):         79.92799
Reference CPI:              109.30667
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Coupon Rate) /2,
                            where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + [t – 1 / D] X (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest period:            15 October 2018 to 14 April 2019
Interest amount due:        ZAR 35 009 647.46
Payment date:               15 April 2019
Date Convention:            Modified Following Business Day
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement

29 March 2019

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 29/03/2019 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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