New Listing GBL02 Grindrod Bank Limited JSE Code: GBL02 ISIN No: ZAG000130352 New Listing The JSE Limited has granted a listing to Grindrod Bank Limited – “GBL02”) under its DMTN programme dated 18 September 2012. INSTRUMENT TYPE: FLOATING RATE NOTE Authorised Programme size R 1,000,000,000.00 Total Notes Outstanding R 160,000,000.00 Bond Code GBL02 Nominal Issued R 160,000,000.00 Issue Price 100% Coupon 8.508% (3 Month JIBAR as at 12 Oct 2015 of 6.308% plus 2.20%) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 15 October 2018 Books Close 5 January, 5 April, 5 July, 5 October Interest Payment Date(s) 15 January, 15 April, 15 July, 15 October Last Day to Register By 17:00 on 4 January, 4 April, 4 July, 4 October Issue Date 15 October 2015 Date Convention Modified Following Interest Commencement Date 15 October 2015 First Interest Payment Date 15 January 2016 ISIN No. ZAG000130352 Additional Information Senior Unsecured Floating Rate Notes The note will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Further information on the Note issue please contact: Wayne Frank Nedbank CIB +27 11 535 4027 Date 15th October 2015 Debt Sponsor Nedbank Coporate and Investment Bank, a division of Nedbank Limited. Date: 15/10/2015 01:40:00 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.