DV23 - Development Bank of Southern Africa Limited - New Financial Instrument

DV23 - Development Bank of Southern Africa Limited - New Financial Instrument   
Listing Announcement                                                            
New Financial Instrument Listing Announcement                                   
DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED - "DV23"                            
Dated: 13 JUNE 2011                                                             
Stock Code: DV23                                                                
ISIN Code:  ZAG00019779                                                         
The JSE Limited has granted a listing to Development Bank of Southern Africa    
Limited - DV23 Senior Unsecured Fixed Rate Note due 27 February 2023, under its 
Domestic Medium Term Note Programme dated 21 January 2008.                      
Authorised Programme size      R35,000,000,000.00                               
Total notes issued             R18,229,000,000.00                               
Full Note details are as follows:                                               
Nominal Issued:                ZAR 250,000,000.00                               
Coupon Rate:                   10%                                              
Coupon Indicator:              Fixed                                            
Trade Type:                    Price                                            
Maturity Date:                 27 February 2023                                 
First Interest Date:           27 August 2011                                   
Interest Payment Dates:        27 February and 27 August in each                
                              year up to and including the                      
                              Maturity Date                                     
Books Close:                   17 February to 26 February and                   
27 August to 26 August (all dates                 

                              inclusive) in each year up to and                 
                              including the Maturity Date                       
Last day to register:          By 17:00h 16 February and                        
16 August in each year up to and                  

                              including the Maturity Date                       
Interest Commencement Date:    14 June 2011                                     
Settlement Date:               14 June 2011                                     
Placement Agent:               Standard Bank                                    
                              Nedbank                                           
Notes will be deposited in the Central Depository ("CSD") and settlement will   
take place electronically in terms of JSE Rules.                                
Sponsor                                                                         
Standard Bank Debt Capital Market                                               
14 June 2011                                                                    
Date: 14/06/2011 13:47:04 Supplied by www.sharenet.co.za                     
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