AFRICAN BANK ISSUES CHF150 MILLION (SWISS FRANCS) OF SENIOR UNSECURED BONDS AFRICAN BANK INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registered bank controlling company) (Registration number 1946/021193/06) Ordinary share code: ABL ISIN: ZAE000030060 Preference share code: ABLP ISIN: ZAE000065215 ("ABIL") and AFRICAN BANK LIMITED (Incorporated in the Republic of South Africa) (Registered bank) (Registration number 1975/002526/06) Company code: BIABL (“African Bank”) AFRICAN BANK ISSUES CHF150 MILLION (SWISS FRANCS) OF SENIOR UNSECURED BONDS African Bank (a wholly-owned subsidiary of ABIL) has issued an inaugural three year, fixed rate senior unsecured Swiss bond of CHF150 million, equivalent to ZAR1,263 billion. The bond will be listed on the SIX Swiss Exchange under African Bank’s existing USD2 billion Euro Medium Term (EMTN) Note Programme. The bond, ISIN CH0190227691 and due 24 July 2015, has an annual coupon rate of 4.75%. The coupon payment dates for the notes will fall annually on 24 July. African Bank decided to pursue an offering and listing in the Swiss market after substantial interest from Swiss investors in its US dollar bonds issued under the EMTN programme in June 2011 and February 2012. The new issue has further diversified African Bank’s funding base and broadened its investor universe. It is the first ever CHF issuance by a bank in Africa and the first bond to be issued by a South African institution in the Swiss public market in more than 20 years. African Bank has executed a CHF/ZAR cross currency hedge, swapping all Swiss Franc coupon and principal flows into ZAR. For further information please contact Gavin Jones on +27 11 564 6868 or Markus Borner on +27 11 564 7495. Midrand 23 July 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Joint bookrunners and arrangers CREDIT SUISSE AG and BARCLAYS BANK PLC Date: 23/07/2012 07:05:00 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.