EKURHULENI METRO MUNICIPLALITY - Change in Agency Roles under Agency Agreement - Ekurhuleni Metropolitan Municipality

Change in Agency Roles under Agency Agreement - Ekurhuleni Metropolitan Municipality

Ekurhuleni Metropolitan Municipality
Established in the Republic of South Africa in terms of section
12(1) of the Local Government: Municipal Structures Act, 117 of
1998, read with Notice No 6768 of 2000 published in Provincial
Gazette Extraordinary No 141 dated 1 October 2000)
Company code: BIEM
“Ekurhuleni”)

CHANGE OF TRANSFER AGENT, PAYING AGENT AND CALCULATION AGENT UNDER
THE AGENCY AGREEMENT DATED 23 JULY 2010 (“AGENCY AGREEMENT”)IN
RESPECT OF EKURHULENI’S ZAR4 BILLION DOMESTIC MEDIUM TERM NOTE
PROGRAMME

Noteholders of Ekurhuleni’s EMM01, EMM02 and EMM03 bonds are hereby
advised, in accordance with clause 24 of the Agency Agreement, of the
termination of ABSA’s appointment as Transfer Agent, Paying Agent and
Calculation Agent and the appointment of Rand Merchant Bank as the
Transfer Agent and Calculation Agent and First National Bank as the
Paying Agent. These appointments shall take effect upon the expiry of 45
days from the date of this notice.

The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

05 June 2013

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

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