Temporary waiver of certain contractual requirements by Superdrive SuperDrive Investments (RF) Proprietary Limited – Amendment Announcement Date: 22 November 2012 SuperDrive Investments (RF) Proprietary Limited Stock Code: SPDA1, SPDA2, SPDA3, SPDA4 ISIN Code: ZAG000088774, ZAG000088782, ZAG000094202, ZAG000094210 Authorised Programme size ZAR 10,000,000,000 Total notes issued ZAR 3,500,000,000 Sponsor: Standard Bank TEMPORARY WAIVER OF CERTAIN CONTRACTUAL REQUIREMENTS BY SUPERDRIVE INVESTMENTS (RF) (PROPRIETARY) LIMITED (“SUPERDRIVE”) FOLLOWING THE RECENT DOWNGRADE OF THE STANDARD BANK OF SOUTH AFRICA LIMITED BY MOODY’S INVESTOR SERVICES On 4 October 2012 Moody’s Investor Services reduced the short- term local currency global scale rating of The Standard Bank of South Africa Limited (“Standard Bank”) from Prime-1 to Prime-2. As a consequence Standard Bank no longer has the required credit rating to act as Hedge Counterparty to SuperDrive, as set out in the Transaction Documents relating to SuperDrive’s ZAR 10,000,000,000 Asset Backed Medium Term Note Programme. Investors are hereby informed that SuperDrive, with the consent of the SuperDrive Guarantor SPV has taken the following steps: 1. Moody’s Investor Services has been engaged to perform a rating assessment of a proposed amendment to the rating levels required to act as Hedge Counterparty, with the aim of affirming the current ratings of the Notes; 2. Pending the rating affirmation SuperDrive has agreed to temporarily waive all requirements to post collateral or replace Standard Bank as Hedge Counterparty until 31 January 2013 or the further downgrading of Standard Bank by Moody’s Investor Services. Further information on the Note issued please contact: Mike Brunke SBSA (Sponsor) (011) 378 8101 Email: mike.brunke@standardbank.co.za Date: 22/11/2012 12:59:00 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.