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BAYPORT SECURITISATION (RF) LTD - Finalisation of the Standard & Poors credit rating of the Bayport Securitisation Class A Notes

Release Date: 10/09/2013 16:09
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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

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