Interest Rate Reset - HMS1B8, HMS1C4, HMS1D4, HMS1E4 HOME OBLIGORS MORTGAGE ENHANCED SECURITIES (PROPRIETARY) LIMITED (Incorporated with limited liability in South Africa under registration number 2006/007171/07) (“Homes”) BOND CODES: ISIN CODES: HMS1B8 ZAG000079435 HMS1C4 ZAG000079468 HMS1D4 ZAG000079492 HMS1E4 ZAG000079526 INTEREST RATE RESETS Notice is hereby given that the 3 month JIBAR rate as at 19 January 2015 is 6.117% p.a. (“JIBAR”). Accordingly, the next interest payment, payable on 20 April 2015 (*Modified following), for the period 19 January 2015 to 19 April 2015, will be calculated based on the rates set out below: NOTE: RATE: HMS1B8 7.767% p.a. (165bps over JIBAR) HMS1C4 8.117% p.a. (200bps over JIBAR) HMS1D4 8.567% p.a. (245bps over JIBAR) HMS1E4 9.117% p.a. (300bps over JIBAR) * When the Interest Payment Date falls on a non business day, such Interest Payment Date shall be postponed to the next business day. However, if the first business day after the weekend or public holiday falls in a new calendar month the last business day before the weekend / public holiday will be used instead. Next reset date: 20 April 2015. 21 January 2015 Debt sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division) Date: 21/01/2015 10:50:00 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.