AFRICAN BANK LIMITED - Listing of New Financial Instruments

African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06) 
Company code: BIABL
(African Bank)


LISTING OF NEW FINANCIAL INSTRUMENTS


The JSE Limited has granted African Bank the listing of its ABL14 and ABL15 Unsecured Floating Rate Notes under its ZAR25 billion Domestic Medium Term Note Programme dated 1 June 2012, where a total of R900 million was raised.



Instrument Type              Senior Floating Rate Notes

Total Notes in Issue:        R11.968 billion excluding this
                             issuance of Notes

Instrument Code:             ABL14
Issue Date:                  9 October 2012
Nominal Issued:              R709,000,000
Issue Price:                 100%

Interest Rate:               7.075% (3month Jibar as at 4 October 2012 
                             of 5.075% plus 200bps)
Interest Commencement Date:  9 October 2012 

Last Day to Register:        By 17h00 on 29 December, 29 March, 28 June 
                             and 28 September of each year until the 
                             Maturity Date

Books Close:                 30 December, 30 March, 29 June and 29 

                             September of each year until the Maturity 
                             Date

Interest Determination Date: 9 January, 9 April, 9 July and 9 October of 
                             each year until the Maturity Date. The 

                             first Interest Rate Determination Date 

                             shall be 4 October 2012
Maturity Date:               9 October 2015
ISIN No:                     ZAG000100371

Business Day Convention:     Modified Following Business Day


Instrument Code:             ABL15
Issue Date:                  9 October 2012
Nominal Issued:              R191,000,000
Issue Price:                 100%

Interest Rate:               7.715% (3month Jibar as at 4 October 2012 
                             of 5.075% plus 264bps)
Interest Commencement Date:  9 October 2012 

Last Day to Register:        By 17h00 on 29 December, 29 March, 28 June 
                             and 28 September of each year until the 
                             Maturity Date

Books Close:                 30 December, 30 March, 29 June and 29 

                             September of each year until the Maturity 
                             Date

Interest Determination Date: 9 January, 9 April, 9 July and 9 October of 
                             each year until the Maturity Date. The 

                             first Interest Rate Determination Date 

                             shall be 4 October 2012
Maturity Date:               9 October 2017
ISIN No:                     ZAG000100389

Business Day Convention:     Modified Following Business Day



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

9 October 2012

Debt Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)


Date: 09/10/2012 10:15:00 Supplied by www.sharenet.co.za                     
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