Listing of Tap Issue - ABLS5 African Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1975/002526/06) Company code: BIABL (“African Bank”) LISTING OF TAP ISSUE The JSE Limited has granted African Bank the listing of its third tranche of ABLS5 Subordinated Unsecured Floating Rate Notes, to the value of R500 million, in terms of its ZAR25 billion Domestic Medium Term Note Programme dated 1 June 2012, which brings the total issue of the ABLS5 notes to R1.367 billion. Total Notes in Issue: 12,868 million excluding this issuance of Notes Instrument Type: Subordinated Floating Rate Notes Instrument Code: ABLS5 Nominal Issued: R500,000,000.00 Issue Price: 101.6773% Total ABLS5 notes in issue: R1,367,000,000.00 Interest Rate: 10.053% (3 month Jibar as at 28 September 2012 of 5.063% + 499bps) Coupon Rate Indicator: Floating rate Issue Date: 28 November 2012 Interest Commencement Date: 28 September 2012 Maturity Date: 29 June 2024 Call Option Date 29 June 2019 Last day to Register: By 17h00 on 18 September, 18 December, 18 March and 18 June of each year until the Maturity Date Books Close: 19 September, 19 December, 19 March and 19 June in each year until the Maturity Date Interest Payment Dates: 29 September, 29 December, 29 March and 29 June of each year until the Maturity Date Interest Determination Date: 29 September, 29 December and 29 March and 29 June of each year until the Maturity Date ISIN: ZAG000096744 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. 28 November 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 28/11/2012 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.