Interest rate reset announcement -ING132, ING138&ING228 iNguza Investments (RF) Limited (Incorporated in the Republic of South Africa) (Registration No. 2008/003346/06) Company code: BIIIPL ING132 ISIN: ZAG000091562 ING138 ISIN: ZAG000093980 ING228 ISIN: ZAG000109497 (“iNguza”) INTEREST RATE RESET ANNOUNCEMENT ING132 7.817% p.a. (2.600% over 3 month Jibar of 5.217%) for the period 23 December 2013 to 23 March 2014, payable on 24 March 2014 (Modified Following*) Next Reset: 24 March 2014 2013 ING138 7.647% p.a. (2.430% over 3 month Jibar of 5.217%) for the period 23 December 2013 to 23 March 2014, payable on 24 March 2014 (Modified Following*) Next Reset: 24 March 2014 2013 ING228 7.617% p.a. (2.400% over 3 month Jibar of 5.217%) for the period 23 December 2013 to 23 March 2014, payable on 24 March 2014 (Modified Following*) Next Reset: 24 March 2014 2013 JIBAR rate as at 23 December 2013: 3 Month 5.217% *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. 23 December 2013 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 23/12/2013 03:04:00 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.