Finalisation of the Standard & Poor’s credit rating of the Bayport Securitisation Class A Notes Bayport Securitisation (RF) Ltd Transaction Capital Limited (Incorporated with limited liability in the Republic of South Africa) (Incorporated with limited liability in the Republic of South Africa) (Registration number 2008/003557/06) (Registration number 2002/031730/06) (“Bayport Securitisation”) JSE Share Code: TCP ISIN: ZAE000167391 (“Transaction Capital”) FINALISATION OF THE STANDARD & POOR’S CREDIT RATING OF THE BAYPORT SECURITISATION CLASS A NOTES On 11 July 2013, Standard & Poor’s (“the rating agency”) issued a preliminary long term national credit rating of zaA (sf) and a short term national scale rating of zaA – 1 (sf) on the Class A Notes issued under the Bayport Securitisation Asset Backed Note Programme. Following the successful conclusion of the note holder consent process which included amendments to the securitisation’s Transaction Documents required by the rating agency, the preliminary credit ratings were made final without change. The Standard & Poor’s press release is available for download from Transaction Capital (Proprietary) Limited’s website at http://www.transactioncapital.co.za/baysecdebt.aspx 10 September 2013 Debt Sponsor Deutsche Bank AG, Johannesburg Branch Date: 10/09/2013 04:09:00 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.