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IMPERIAL GROUP LIMITED - Interest Rate Reset - IPL7

Release Date: 06/01/2014 12:48
Code(s): IPL7     PDF:  
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Interest Rate Reset - IPL7

Imperial Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1983/009088/06)
Bond issuer code: BIIMG
ISIN: ZAG000104407
(“Imperial Group” or “the Issuer”)


INTEREST RATE RESET ANNOUNCEMENT

In terms of section 7(19) of the JSE Limited Debt Listing
Requirements, Imperial Group wishes to advise noteholders, in
relation to its ZAR10,000,000,000 Domestic Medium Term Note
Programme dated 22 September 2010 and guaranteed by Imperial
Holdings Limited (“Imperial Holdings”), that the change in the
interest rate of the IPL7 note is as follows:

IPL7             6.725% p.a. (1.500% over 3 month Jibar of 5.225%)
                 for the period 06 January 2014 to 06 April January
                 2014, payable on 7 April 2014 (Modified Following*)

                 Next reset: 7 April 2014


JIBAR rate as at 6 January 2014: 3 Month 5.225%

*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.


6 January 2014


Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 06/01/2014 12:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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