HWAY33, HWAY34 and HWAY35 - Listing of Tap Issue The South African National Roads Agency Incorporated in the Republic of South Africa (Registration number 1998/009584/30) Company Code: BINRA ISIN: ZAG000130253 ISIN: ZAG000070319 ISIN: ZAG000079161 (“Issuer” or “SANRAL”) LISTING OF TAP ISSUE The JSE Limited has granted The South African National Roads Agency the listing of its HWAY33, HWAY34 and HWAY35 Senior Unsecured (but Guaranteed) Notes, in terms of its ZAR31,910,000,000 Guaranteed Domestic Medium Term Note Programme dated 14 April 2014. Total Notes Outstanding: ZAR28 566 486 813.00 including this issuance INSTRUMENT TYPE: Index Linked Note Tap Amount: R 100 000 000.00 Total Notes in Issue: R 200 000 000.00 Instrument Code: HWAY33 Nominal Issued: R 100,000,000.00 Issue Price: 98.83934% Coupon: 2.25% Coupon Rate Indicator: Inflation-Linked Final Maturity Date: 28 February 2033 Books Close: 18 February, 21 August Interest Payment Date(s): 28 February, 31 August Last Day to Register: By 17:00 on 17 February, 20 August Issue Date: 9 November 2015 Date Convention: Following Interest Commencement Date: 31 August 2015 First Interest Payment Date: 28 February 2016 ISIN No: ZAG000130253 Additional Information: RSA Guarantee INSTRUMENT TYPE: Fixed Rate Note Tap Amount: R 200 000 000.00 Total Notes in Issue: R 4 436 000 000.00 Instrument Code: HWAY34 Nominal Issued: R 200,000,000.00 Issue Price: 95.50327% Coupon: 9.25% Coupon Rate Indicator: Fixed Final Maturity Date: 31 July 2034 Books Close: 21 July, 21 January Interest Payment Date(s): 31 July, 31 January Last Day to Register: By 17:00 on 20 July, 20 January Issue Date: 9 November 2015 Date Convention: Following Interest Commencement Date: 31 July 2015 First Interest Payment Date: 31 January 2016 ISIN No: ZAG000070319 Additional Information: RSA Guarantee INSTRUMENT TYPE: Fixed Rate Note Tap Amount: R 100 000 000.00 Total Notes in Issue: R 1 904 000 000.00 Instrument Code: HWAY35 Nominal Issued: R 100,000,000.00 Issue Price: 95.37973% Coupon: 9.25% Coupon Rate Indicator: Fixed Final Maturity Date: 31 July 2035 Books Close: 21 July, 21 January Interest Payment Date(s): 31 July, 31 January Last Day to Register: By 17:00 on 20 July, 20 January Issue Date: 9 November 2015 Date Convention: Following Interest Commencement Date: 31 July 2015 First Interest Payment Date: 31 January 2016 ISIN No: ZAG000079161 Additional Information: RSA Guarantee 6 November 2015 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 06/11/2015 10:50:00 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.