The Nitro Securitisation 4 Issuer Trust - Interest rate reset - N4A405, N4A408,N4A411,N4A502 & N4AB508,N4C508

Interest rate reset - N4A405, N4A408,N4A411,N4A502 & N4AB508,N4C508

Nitro Securitisation 4 Issuer Trust
(Incorporated in the Republic of South Africa)
(Master’s Reference No. IT1501/2011)
Company code: BINTR
(“Nitro 4”)


INTEREST RATE RESET ANNOUNCEMENT

N4A405        6.715% p.a. (1.04% over 3 month Jibar   of 5.675%) for
              the period 14 February 2014 to 13 May   2014, payable
              on 14 May 2014 (Following*)
              Next reset: 14 May 2014
N4A408        6.825% p.a. (1.15% over 3 month Jibar   of 5.675%) for
              the period 14 February 2014 to 13 May   2014, payable
              on 14 May 2014 (Following*)
              Next reset: 14 May 2014
N4A411        6.925% p.a. (1.25% over 3 month Jibar   of 5.675%) for
              the period 14 February 2014 to 13 May   2014, payable
              on 14 May 2014 (Following*)
              Next reset: 14 May 2014
N4A502        6.975% p.a. (1.30% over 3 month Jibar   of 5.675%) for
              the period 14 February 2014 to 13 May   2014, payable
              on 14 May 2014 (Following*)
              Next reset: 14 May 2014
N4B508        7.575% p.a. (1.90% over 3 month Jibar   of 5.675%) for
              the period 14 February 2014 to 13 May   2014, payable
              on 14 May 2014 (Following*)
              Next reset: 14 May 2014
N4C508        8.275% p.a. (2.60% over 3 month Jibar   of 5.675%) for
              the period 14 February 2014 to 13 May   2013, payable
              on 14 May 2014 (Following*)
              Next reset: 14 May 2014


JIBAR rate as at 14 February 2014: 3 Month 5.675%

*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.


14 February 2014

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

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