Secondary Listing of AfricaPalladium ETF on the NSX Africa ETF Issuer (RF) Limited (Incorporated in the Republic of South Africa) (Registration No. 2013/022008/06) Share code: ETFPLD (JSE) and ENXPLD (NSX) ISIN code: ZAE000182531 (Africa ETF) SECONDARY LISTING OF AFRICAPALLADIUM ETF ON THE NSX The Board of Directors of Africa ETF Issuer (RF) Limited (“Africa ETF”) is pleased to announce that the Listing Committee of the Namibian Stock Exchange (the “NSX”) has approved the listing of Africa ETF’s palladium exchange traded funds AfricaPalladium ETF (“AfricaPLD”) on the Official Market of the NSX under share code ENXPLD. AfricaETF is a public company incorporated under the laws of the Republic of South Africa on 11 February 2013. AfricaPLD is listed on the Johannesburg Stock Exchange (“JSE”) under share code ETFPLD. AfricaETF conducts the business of establishing and operating exchange traded funds in relation to the securities issued by it, the value of which tracks the price of commodities. AfricaPLD is designed to track the price of palladium, enabling investors to invest in a listed security that is fully backed by the physical holding of palladium. The date of admission for the listing of AfricaPLD on the Official Market of the NSX has been scheduled for 26 September 2014. The price of AfricaPLD will be equal to the equivalent spot price of palladium equal to the daily metal entitlement multiplied by the US$/N$ exchange rate. As at 25 September 2014 the metal entitlement of AfricaPLD is 0.99796475 of an ounce of palladium per unit with a total of 55,500,000 AfricaPalladium debentures in issue, referencing approximately 554,687.400 fine troy ounces of Palladium bullion. Copies of the Listing Prospectus for AfricaPLD is available on the following website, http://www.standardbank.co.za/africaetf.co.za For information, speak to your stockbroker or visit www.standardbank.co.za/africaetf.co.za or email Africaetf@standardbank.co.za or visit www.ijg.net or email rome@ijg.net. This notice appears for information purposes only and is not an invitation to the public to subscribe for AfricaPLDs. All applications will only be considered on the basis set out in the Listing Prospectus. 25 September 2014 JSE Sponsor The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division. NSX Sponsor IJG Securities (Pty) Limited Date: 25/09/2014 05:00:00 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.