BIHO - Home Obligors Mortgage Enhanced Securities (Proprietary) Limited -

BIHO - Home Obligors Mortgage Enhanced Securities (Proprietary) Limited -       
Interest rate re-sets                                                           
Home Obligors Mortgage Enhanced Securities (Proprietary) Limited                
Bond Codes:  HMS1B2 ISIN Codes:  ZAG000043274                                   
            HMS1B3              ZAG000043282                                    
            HMS1B7              ZAG000079427                                    
            HMS1B8              ZAG000079435                                    
HMS1C2              ZAG000043332                                    

            HMS1C3              ZAG000079450                                    
            HMS1C4              ZAG000079468                                    
            HMS1D2              ZAG000043357                                    
HMS1D3              ZAG000079484                                    

            HMS1D4              ZAG000079492                                    
            HMS1E2              ZAG000043373                                    
            HMS1E3              ZAG000079518                                    
HMS1E4              ZAG000079526                                    

            HMS1F2              ZAG000043399                                    
            HMS1G2              ZAG000043415                                    
INTEREST RATE RE-SETS                                                           
Notice is hereby given that the 3 month JIBAR rate as at 19 April 2012 is       
5.6%p.a. ("JIBAR"). The next interest payment, payable on 19 July 2012, for     
the period 19 April 2012 to 18 July 2012, will be calculated based on the       
rates set out below.                                                            
Note      Rate                                                                  
HMS1B2    6.10% p.a. (50bps over JIBAR)                                         
HMS1B3         6.10% p.a. (50bps over JIBAR)                                    
HMS1B7         7.05% p.a. (145bps over JIBAR)                                   
HMS1B8         7.25% p.a. (165bps over JIBAR)                                   
HMS1C2         6.34% p.a. (74bps over JIBAR)                                    
HMS1C3         7.30% p.a. (170bps over JIBAR)                                   
HMS1C4         7.60% p.a. (200bps over JIBAR)                                   
HMS1D2         6.65% p.a. (105bps over JIBAR)                                   
HMS1D3         7.75% p.a. (215bps over JIBAR)                                   
HMS1D4         8.05% p.a. (245bps over JIBAR)                                   
HMS1E2         7.75% p.a. (215bps over JIBAR)                                   
HMS1E3         8.35% p.a. (275bps over JIBAR)                                   
HMS1E4         8.60% p.a. (300bps over JIBAR)                                   
HMS1F2         9.10% p.a. (350bps over JIBAR)                                   
HMS1G2         11.10% p.a.(550bps over JIBAR)                                   
The next re-set date is 19 July 2012.                                           
20 April 2012                                                                   
Debt sponsor                                                                    
Absa Capital                                                                    
(the investment banking division of Absa Bank Limited, affiliated with          
Barclays Capital)                                                               
Date: 20/04/2012 09:05:01 Supplied by www.sharenet.co.za                     
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