NYATI SECURITISATION 1 (RF) LIMITED - Interest Rate Reset -NYT101-102

Interest Rate Reset -NYT101-102

NYATI SECURITISATION 1 (RF) LIMITED
(Incorporated in the Republic of South Africa)
(2012/148395/06)
Company code: NYATI
ISIN NYT101: ZAG000106014
ISIN NYT102: ZAG000106022
(“Nyati 1”)


INTEREST RATE RESET ANNOUNCEMENT

NYT101         8.375% % p.a. (2.70% over 3 month Jibar of 5.675%)
               for the period 28 February 2014 to 27 May 2014,
               payable on 28 May 2014 (Modified Following*)
               Next Reset: 28 May 2014
NYT102         10.675% p.a. (5.00% over 3 month Jibar of 5.675%)
               for the period 28 February 2014 to 27 May 2014,
               payable on 28 May 2014 (Modified Following*)
               Next Reset: 28 May 2014


JIBAR rate as at 28 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.


28 February 2014
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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