BIIK - iKhaya RMBS 2 Limited - Full Capital Redemption

BIIK - iKhaya RMBS 2 Limited - Full Capital Redemption                          
iKhaya RMBS 2 Limited                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration No. 2006/035275/06)                                               
Company code: BIIK                                                              
("iKhaya 2")                                                                    
FULL CAPITAL REDEMPTION                                                         
In accordance with the Terms and Conditions of the iKhaya 2 ZAR3,000,000,000    
Residential Mortgage Backed Note Offering Circular dated 21 June 2007,          
investors are herewith advised of the full capital redemption of the IKH2A2,    
IKH2A3, IKH2B,IKH2C and IKH2D Notes on the Target Maturity Date, 22 March       
2012.                                                                           
              Capital Redemption      Amount Outstanding                        
              Amount                  After Capital                             
                                      Redemption                                
IKH2A2         R 970,000,000.00        R 0.00                                   
IKH2A3         R 100,000,000.00        R 0.00                                   
IKH2B          R 151,000,000.00        R 0.00                                   
IKH2C          R 128,000,000.00        R 0.00                                   
IKH2D          R 85,000,000.00         R 0.00                                   
27 February 2012                                                                
Debt Sponsor                                                                    
Rand Merchant Bank (A division of FirstRand Bank Limited)                       
Date: 27/02/2012 13:51:01 Supplied by www.sharenet.co.za                     
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