SZ25 - The South African National Roads Agency Limited -New financial

SZ25 - The South African National Roads Agency Limited -New financial           
instrument listing- SZ25                                                        
The South African National Roads Agency Limited                                 
INSTRUMENT TYPE: Fixed Rate Notes                                               
Programme Size                     R 6,000,000,000.00                           
Total Notes in issue               R 5,920,804,114.00                           
JSE Code:                          SZ25                                         
ISIN No:                           ZAG000020686                                 
The JSE Limited has granted a listing to The South African National             
Roads Agency Limited - SZ25 under its Domestic Medium-Term Note                 
Programme.                                                                      
Bond Code                          SZ25                                         
Nominal Issued                     ZAR 200,000,000.00                           
Coupon                             9.00%                                        
Trade Type                         Yield -to-maturity                           
Coupon Rate Indicator              Fixed                                        
Maturity Date                      30 September 2025                            
Interest Commencement              30 September 2011                            
Interest Dates                     31 March and 30 September until              
maturity                                      

Books Close                        21 March and 20 September until              
                                  maturity                                      
Last day to register               By 17:00 on 20 March and 19                  
September                                     

Issue Price                        102.46427%                                   
First Settlement Date              02 November 2011                             
ISIN No.                           ZAG000020686                                 
Credit Rating                      Aa2.za (Moody`s national scale)              
Debt Sponsor                       Absa Capital                                 
Date                               01 November 2011                             
Date: 01/11/2011 14:56:41 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.