Interest Rate Reset ABL11B ABLS3 ABLS4 ABLS5 African Bank Limited (Incorporated in the Republic of South Africa) (Registered bank) (Registration number 1975/002526/06) Company code: BIABL (“African Bank”) INTEREST RATE RESET ANNOUNCEMENT ABL11B 7.625% p.a. (250bps over 3 month Jibar of 5.125%) for the period 31 December 2012 to 01 April 2013, payable on 02 April 2013 (Following*) Next reset: 02 April 2013 ABLS5 10.115% p.a. (499bps over 3 month Jibar of 5.125%) for the period 31 December 2012 to 27 March 2013, payable on 28 March 2013 (Modified Following*) Next reset: 28 March 2013 ABLS4 9.625% p.a. (450bps over 3 month Jibar of 5.125%) for the period 31 December 2012 to 01 April 2013, payable on 02 April 2013 (Following*) Next reset: 02 April 2013 ABLS3 9.125% p.a. (400bps over 3 month Jibar of 5.125%) for the period 31 December 2012 to 01 April 2013, payable on 02 April 2013 (Following*) Next reset: 02 April 2013 JIBAR rates as at 31 December 2012: 3 Month 5.125% *When the Interest Payment Date falls on a non business day, one of the following Date Conventions will be applied, as specified for each individual bond: 1. Following – This means that the interest will be paid on the first business day after the weekend or public holiday. 2. Modified Following – This means that the interest will be paid on the first business day after the weekend or public holiday. However, if the first business day after the weekend or public holiday falls in a new calendar month the last business day before the weekend / public holiday will be used instead. 3. Preceding – This means that the interest will be paid on the last business day before the weekend or public holiday. Midrand 03 January 2013 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 03/01/2013 12:10:00 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.