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

DV23 - Development Bank of Southern Africa Limited - New Financial Instrument   
Listing Announcement                                                            
DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED - "DV23"                            
Stock Code: DV23                                                                
ISIN Code:  ZAG000019779                                                        
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             R18,900,000,000.00                               
Full Note details are as follows:                                               
Nominal Issued:                ZAR 421,000,000.00                               
Coupon Rate:                   10%                                              
Coupon Indicator:              Fixed                                            
Trade Type:                    Yield-to-maturity                                
All in Price:                  107.09012%                                       
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:    19 July 2011                                     
Settlement Date:               19 July 2011                                     
Placement Agent:               Investec Bank                                    
Standard Bank                                     

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                                               
15 June 2011                                                                    
Date: 15/07/2011 11:26:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.