Optional Redemption (Call) - GSIS02 Goldman Sachs International Dated 15 January 2015 Optional Redemption (Call) of GSI Series 2014-01 Senior Secured Notes GOLDMAN SACHS INTERNATIONAL - Stock Code: GSIS02 ISIN Code: ZAG000111410 1. On 13 May 2013, the Issuer established the Goldman Sachs International Guaranteed Senior Secured Inward Listed South African Notes Programme (the Programme) in terms of which the Issuer may from time to time issue debt securities on the Interest Rate Market of the JSE Limited (the JSE) as described in the JSE Placement Document, which was amended and restated on 31 January 2014 (the JSE Placement Document), read with the relevant final terms from time to time. 2. On 24 February 2014 the Issuer issued ZAR620,000,000 Senior Secured Notes (GSIS02) (the GSIS02 Notes) due 24 February 2015 (the Maturity Date) pursuant to the terms and conditions contained in the Final Terms dated 24 February 2014 (the Final Terms) read together with the JSE Placement Document. The GSIS02 Notes are redeemable at the option of the Issuer at any date within the period of 35 days preceding the Maturity Date. 3. This notice is delivered by the Issuer to each holder of GSIS02 Notes (the Noteholders) issued under the JSE Placement Document in accordance with Condition 9 (Notices) of the section headed “South African Note Conditions” in the JSE Placement Document for purposes of notifying Noteholders of the Issuer exercising its option for early redemption of the GSIS02 Notes on 20 January 2015 at the face value thereof, together with any interest accrued thereon up until that date. For further information contact: Carl Wiesner SBSA (011) 344 5277 Date: 15/01/2015 04:00:00 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.