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SANLAM LIFE INSURANCE LIMITED - SLI1 - Optional Redemption

Release Date: 15/07/2013 17:18
Code(s): SLI1     PDF:  
Wrap Text
SLI1 - Optional Redemption

SANLAM LIFE INSURANCE LIMITED
(Incorporated in the Republic of South Africa with limited liability under Registration Number 1998/021121/06)

JSE code: SLI1

OPTIONAL REDEMPTION

Sanlam Life Insurance Limited (the "Issuer")  Pursuant to the Programme Memorandum dated 
24 July 2006, the Issuer issued the SLI1 Notes (the Notes) with a final maturity date of 
15 August 2018. The Notes are however, redeemable at the Issuers option on 15 August 2013 
(Optional Redemption Date) in accordance with condition 9.3 (Redemption at the Option of 
the Issuer) of the Terms and Conditions of the Notes (as read with the Applicable Pricing 
Supplement). 

In terms of condition 17 (Notices) of the Terms and Conditions of the Notes, notice is 
hereby given to Noteholders that the Issuer has exercised its right to early redeem the 
Notes on 15 August 2013. Payment of the optional redemption amount, together with applicable
interest, will be effected on Thursday 15 August 2013.

The redemption of the Notes will amount to R1.16billion.

	Optional Redemption Amount	Amount Outstanding of SLI1 
                                        After Optional Redemption
SLI1	R 1 160 000 000.00	        R 0.00


15 July 2013

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited



Date: 15/07/2013 05:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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