The Nitro Securitisation 4 Issuer Trust - Capital redemption: N4A411, N4A502, N4B508, N4C508

Capital redemption: N4A411, N4A502, N4B508, N4C508

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 November 2014.


               Capital Redemption      Amount Outstanding
               Amount                  After Capital
                                       Redemption

N4A411         R60,841,000.00          R0.00

N4A502         R10,071,000.00          R169,929,000.00

N4B508         R22,534,000.00          R54,001,000.00

N4C508         R11,031,000.00          R26,434,000.00



12 November 2014

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

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