AFRICAN BANK LIMITED - Interest Rate Reset - ABL12B

Interest Rate Reset - ABL12B

African Bank Limited
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Company code: BIABL
ISIN:ZAG000084500
(“African Bank”)


INTEREST RATE RESET ANNOUNCEMENT

ABL12B     7.525% p.a. (2.40% over 3 month Jibar of 5.125%) for the
           period 10 June 2013 to 8 September 2013, payable on
           9 September 2013(Modified Following*)
           Next reset: 9 September 2013

JIBAR rates as at 10 June 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.


10 June 2013

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

Date: 10/06/2013 02:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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