ECSPONENT LIMITED - Issue and listing of Class A, Class B and Class C Preference shares under its ZAR5bn Preference Share Programme

Issue and listing of Class A, Class B and Class C Preference shares under its ZAR5bn Preference Share Programme

                                               ECSPONENT LIMITED
                                     (previously John Daniel Holdings Limited)
  (Incorporated in the Republic of South Africa with limited liability under registration number 1998/013215/06)

 Ecsponent Pref Share A             Ecsponent Pref Share B                     Ecsponent Pref Share C
 Short Name: ECSP A                 Short Name: ECSP B                         Short Name: ECSP C
 ECSP1                              ECSP2                                      ECSP3
 Tranche 4, Series 1                Tranche 4, Series 1                        Tranche 4 Series 1
 ISIN: ZAE000196317                 ISIN: ZAE000196309                         ISIN: ZAE000196291
 Issue date - 9 January 2015        Issue date - 9 January 2015                Issue date – 9 January 2015


     Issue and listing of Class A, Class B and Class C Preference shares under its ZAR5,000,000,000
                                       Preference Share Programme


The Company is pleased to announce that the preference shares below will be issued and listed tomorrow,
9 January 2015:

                                       Ecsponent Pref Share A         Ecsponent Pref Share B        Ecsponent Pref Share C
                                       3 490                          21 050                        125 100
 Number of Preference Shares
                                       R349 000                       R2 105 000                    R12 510 000
 Nominal amount of this Tranche

 Aggregate nominal amount of           R5 220 000                     R7 758 000                    R23 805 000
 Preference Shares in issue after
 issuance

 Issue Price per Preference Share      R100.00                        R100.00                       R100.00

 Dividend Commencement Date(s)         15 December 2014               N/A                           15 December 2014

                                       Declaration and finalisation                                 Declaration and finalisation
                                       announcements to be                                          announcements to be
 Dividend Record and Payment           released on SENS, in                                         released on SENS, in
                                       compliance with Schedule       N/A
 Dates                                                                                              compliance with Schedule
                                       24 of the JSE Listings                                       24 of the JSE Listings
                                       Requirements                                                 Requirements


                                       10% percent, per annum,                                      Prime Rate plus 4% per
 Dividend Rate                         payable monthly in arrears     N/A                           cent, per annum, payable
                                                                                                    monthly in arrears, not
                                                                                                    compound

 Implied yield                         N/A                            10.66 percent per annum       N/A
                                                                      (nacm)
 First Dividend payment date           19 January 2015                N/A                           19 January 2015

 Dividend periods                      Monthly                        N/A                           Monthly

 Any other items relating to the
 particular method of calculating      Actual / 365                   N/A                           Actual / 365
 dividends

 Redemption Record Date                27 September 2019              27 September 2019             27 September 2019

 Redemption Amount                     R100                           R170                          R100

 Redemption Payment Date               7 October 2019                 7 October 2019                7 October 2019
The total authorised amount of ZAR5,000,000,000 under the Programme Memorandum has not been exceeded.

8 January 2015
For and on behalf of ECSPONENT LIMITED

Sponsor and corporate advisor
Questco (Pty) Ltd

Date: 08/01/2015 03:54:00 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.