LBK02 - Tap Issue

Land and Agricultural Development Bank of South Africa  Tap Issue Announcement

Authorised Programme size		ZAR10,000,000,000.00
Total notes in issue			ZAR1,688,000 000.00


Dated: 6 July 2012
Stock Code: LBK02
ISIN Code:  ZAG000081621


The JSE Limited has granted a listing to Land and Agricultural Development Bank of South Africa  Tap issue of LBK02 Senior Unsecured Floating Rate Notes due 26 March 2015 - sponsored by The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division), under its Domestic Medium Term Note Programme. 

Full Note details are as follows: 

Tap Amount Issued:			ZAR837 000 000 

Tap Rate:				6.995% (being 140 bps over 3 month JIBAR of 5.595%)
Coupon Indicator:			Floating
Issue Price:				100.123344% 
Maturity Date:				26 March 2015 
First Interest Payment Date:		26 September 2012 

Interest Payment Dates:			26 March, 26 June, 26 September and 26 December 
Books Close:				each 16 March, 16 June, 16 September and 16 December 

Last day to register:			By 17:00h on 15 March, 15 June, 15 September and 15 December of each year 
Interest Commencement Date:		26 June 2012 
Settlement Date: 			26 June 2012

Placement Agent:			FirstRand Bank Limited, acting through its Rand Merchant Bank division 


Notes will be deposited in the Central Depository (CSD) and settlement will take place electronically 
in terms of JSE Rules. 


Further information on the Note issued please contact:
Sponsor - SBSA 
Andrew Costa

Tel:(011) 378 7008     Email:andrew.costa@standardbank.co.za      



Date: 06/07/2012 12:02:00 Supplied by www.sharenet.co.za                     
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