BNP PARIBAS ARBITRAGE ISSUANCE B.V. - Redemption of Certificates relating to Cadiz Dynamic Global Opportunities ER Index Due 18 June 2015 - ZA013

Redemption of Certificates relating to Cadiz Dynamic Global Opportunities ER Index Due 18 June 2015 - ZA013

BNP Paribas Arbitrage Issuance B.V.
(Incorporated in the Netherlands)
JSE Stock Code: ZA013
ISIN: ZAE000164075
(Previously ZAG000078361)
Series: CE0096SAD
("BNP")

REDEMPTION OF CERTIFICATES RELATING TO CADIZ DYNAMIC GLOBAL
OPPORTUNITIES ER INDEX DUE 18 JUNE 2015

Holders of the BNP Certificates relating to the Cadiz Dynamic
Global Opportunities ER Index due 18 June 2015 (the
Certificates) are hereby advised that the final redemption
amount to be paid on Thursday, 18 June 2015, (the Redemption
Date) will be determined on 11 June 2015 (the Redemption
Valuation Date) for each ZAR1 of nominal amount.

The salient dates relating to this redemption are as follows:

Last date to trade                           Friday, 5 June
Suspension date                              Monday, 8 June
Record Date                                  Friday, 12 June
Payment/Redemption Date                      Thursday, 18 June
Termination date                             Friday, 19 June

Johannesburg
22 May 2015

Debt Sponsor
The Standard Bank of South Africa Limited

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