BNP PARIBAS ARBITRAGE ISSUANCE B.V. - Redemption of certificates relating to the Cadiz Dynamic New World ER Index Fund due 21 September 2015

Redemption of certificates relating to the Cadiz Dynamic New World ER Index Fund due 21 September 2015

BNP Paribas Arbitrage Issuance B.V.
(Incorporated in the Netherlands)
JSE Stock Code: ZA020
ISIN: ZAE000164141
(Previously ZAG000081175)
Series: CE0186SAD
("BNP")

REDEMPTION OF CERTIFICATES RELATING TO THE CADIZ DYNAMIC NEW
WORLD ER INDEX FUND DUE 21 SEPTEMBER 2015

Holders of the BNP Certificates relating to the Cadiz Dynamic
New World ER Index Fund due 21 September 2015 (the
Certificates) are hereby advised that the final redemption
amount to be paid on Monday, 21 September 2015 (the Redemption
Date), will be ZAR0.0000 for each ZAR1 of nominal amount.

The salient dates relating to this redemption are as follows:

Last date to trade                    Friday, 11 September
Suspension date                       Monday, 14 September
Record Date                           Friday, 18 September
Payment/Redemption Date               Monday, 21 September
Termination date                      Tuesday, 22 September

Johannesburg
16 September 2015

Debt Sponsor
The Standard Bank of South Africa Limited

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