AMBER HOUSE FUND 1 (RF) LIMITED - Moodys Rating Action

Moody’s Rating Action

Amber House Fund 1 (RF) Limited – Moody’s Rating Action

Date: 7 December 2012

Amber House Fund 1 (RF) Limited

Stock Code: AHF1C1

ISIN Code: ZAG000091489

Authorised Programme size          R4,000,000,000
Total notes issued                 R800,000,000

Sponsor: Standard Bank

MOODY’S INVESTOR SERVICE TAKES RATING ACTIONS ON AHF1C1 ISSUED
BY Amber House Fund 1 (RF) Limited (“AMBER 1”).

Moody’s yesterday downgraded the Amber 1 Class C Notes (AHF1C1)
from Baa3.za to Ba1.za (stable).

A full statement can be found at the following address:
http://www.moodys.com/research/Moodys-review-of-South-African-
RMBS-sector-triggers-rating-actions--PR_261493.

Further information on the Note issued please contact:
Mike Brunke              SBSA (Sponsor)      (011) 378 8101
Email: mike.brunke@standardbank.co.za
Matthew Mutch            SAHL (Servicer)     (031) 576 5724
Email: matthewm@sahomeloans.com

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