INGUZA INVESTMENTS (RF) LIMITED - ING114-6 Partial Redemption

ING114-6 Partial Redemption

iNguza Investments (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2008/003346/06)
(“iNguza”)


PARTIAL CAPITAL REDUCTION

In accordance with the Terms and Conditions of iNguza’s
ZAR15,000,000,000 Note Programme, investors are herewith advised
of the capital reduction of the ING114-6 notes which took place
on 31 December 2014.

                Capital Redemption     Amount Outstanding
                Amount                 After Capital
                                       Redemption
ING114          R 2 934 143.31         R 12 413 099.97

ING115          R 4 501 531.63         R 24 674 534.29

ING116          R 1 115 174.02         R   6 063 466.28




24 March 2015

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

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