The Nitro Securitisation 4 Issuer Trust - Interest Rate Reset - Nitro 4 Notes

Interest Rate Reset - Nitro 4 Notes

Nitro Securitisation 4 Issuer Trust
(Incorporated in the Republic of South Africa)
(Master’s Reference No. IT1501/2011)
Company code: BINTR
(“Nitro 4”)


INTEREST RATE RESET ANNOUNCEMENT


N4A308         5.855% p.a. (73bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4A311         5.915% p.a. (79bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4A402         6.065% p.a. (94bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4A405         6.165% p.a. (104bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4A408         6.275% p.a. (115bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4A411         6.375% p.a. (125bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4A502         6.425% p.a. (130bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4B508         7.025% p.a. (190bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013
N4C508         7.725% p.a. (260bps over 3 month Jibar of 5.125%)
               for the period 14 May 2013 to 13 August 2013,
               payable on 14 August 2013 (Following*)
               Next reset: 14 August 2013


JIBAR rates as at 14 May 2013: 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.


15 May 2013

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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