REAL PEOPLE INV HOLDINGS LTD - Rating outlook remains unchanged

Rating outlook remains unchanged

Real People Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/020093/06)
Bond Issuer Code: BIRP
(“Real People”)


REAL PEOPLE RATING OUTLOOK REMAINS UNCHANGED

Real People announces that Global Credit Rating Co(“GCR”) has,
on 06 December 2013, affirmed the BBB(ZA)/ A2(ZA) national scale
issuer ratings assigned to Real People. The outlook for the
ratings is unchanged and remains as stable.

The updated GCR credit opinion can be found on Real People’s
website (www.realpeoplegroup.co.za).


11 December 2013
Debt Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

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