The Nitro Securitisation 4 Issuer Trust - Partial Capital Redemption-N4A405,N4B508,N4C508&N4A402

Partial Capital Redemption-N4A405,N4B508,N4C508&N4A402

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


CAPITAL REDEMPTION

In accordance with the Terms and Conditions of the Nitro 4
R4,000,000,000 Asset Backed Note Offering Circular, investors
are herewith advised of the capital redemption of the below
mentioned notes effective 14 February 2014.

               Capital Redemption      Amount Outstanding
               Amount                  After Capital
                                       Redemption

N4A405         R 50,361,000.00         R 64,639,000.00

N4B508         R 39,695,000.00         R 136,531,000.00

N4C508         R 19,431,000.00         R 66,834,000.00

N4A402         R 74,554,000.00         R 0.00



14 February 2014

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

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