HWAY35-Tap Issue THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED Bond Code: HWAY35 ISIN No: ZAG000079161 LISTING OF HWAY35 The JSE Limited has granted a listing issue to The South African National Roads Agency SOC Limited “HWAY35” under its Domestic Medium Term Note Programme dated 30 July 2009 as amended or restated on or about 14 April 2014, effective from 20 November 2014, the first settlement date. Authorised Programme size R31, 910,000,000.00 Total Notes in issue R 24,340,487,837.00 (following the additional issues) INSTRUMENT TYPE: FIXED RATE Additional listing Total amount in issue following additional issue R 50,000,000.00 R 837,000,000.00 Bond Code HWAY35 Nominal Issued R 50,000,000.00 Coupon 9.25% Trade Type Yield Coupon Rate Indicator Fixed Maturity Date 31 July 2035 Interest Commencement Date 31 July 2014 First Interest Date 31 January 2015 Interest Dates 31 January and 31 July until maturity date Books Close 21 January and 21 July until maturity date Last day to register By 17:00 on 20 January and 20 July Issue Price 102.15303% First Settlement Date 20 November 2014 Date Convention Following ISIN No. ZAG000079161 Lead Arranger Absa Corporate & Investment Bank, a division of Absa Bank Limited Dealer Absa Corporate & Investment Bank, a division of Absa Bank Limited The note will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. The notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of JSE Rules. 20 November 2014 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division) Date: 20/11/2014 11:40:00 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.