RAND WATER BOARD - Notification of Increase in Programme Size

Notification of Increase in Programme Size

RAND WATER BOARD
(Rand Water is established in terms of the Water Services Act,
1997 (the “Act”). The Government of the Republic of South
Africa, through the Department of Water and Sanitation and duly
represented by the Minister of Water and Sanitation, is the sole
shareholder of Rand Water.    In terms of the Act, Rand Water's
primary activity is the provision of bulk water supply services
(potable bulk water and sanitation services) within the
predetermined service area.)
Instrument code: RW21 ISIN: Z AG000085523
Instrument code: RW23 ISIN: Z AG000111246
Instrument code: RW28 ISIN: ZAG000111253
(“Rand Water” or “the Issuer”)

NOTIFICATION OF INCREASE IN PROGRAMME SIZE

Noteholders are advised that in line with its authority to do so
in terms of the provisions of the Programme Memorandum for its
ZAR5,000,000,000 Domestic Medium Term Note Programme, the board
of directors of Rand Water, on 22 May 2014, resolved to increase
the programme size from ZAR5,000,000,000 to ZAR10,000,000,000
(“Programme Size Increase”).

The Programme Size Increase was subject to certain conditions,
contained in the Programme Memorandum read with clause 14 of the
Programme Agreement, being met in addition to obtaining the
approval of the JSE Limited.

Noteholders are advised that all the relevant conditions have
been met and the requisite approvals obtained and, accordingly,
the Programme Size Increase is effective from 19 June 2015.

Johannesburg
22 July 2015

Debt Sponsor
The Standard Bank of South Africa Limited

For further information on the Notes issued please contact:
Alexi Contogiannis       SBSA                (011) 721 8003

Lucky Ncobela             Rand Water         (011) 682 0318

Rand Water information:
522 Impala Road, Glenvista, 2058, Johannesburg, Gauteng, South
Africa (PO Box 1127, Johannesburg, 2000; Fax: +27 11 682 0673)
www.randwater.co.za

Date: 22/07/2015 05:05:00 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.