Sharenet Sites 
Sharenet Sites
Blue Granite 1 notice of refinance
BLUE GRANITE INVESTMENTS NO. 1 (RF) LIMITED
(Registration Number 2005/023294/06)
Instrument code: BLG1A6 ISIN: ZAG000082231
Instrument code: BLG1B ISIN: ZAG000026857
Instrument code: BLG1E ISIN: ZAG000026881
(the "Issuer")
NOTICE OF REFINANCE OF THE CLASS A6 SECURED FLOATING RATE
NOTES DUE 21 NOVEMBER 2032, CLASS B SECURED FLOATING RATE NOTE
DUE 21 NOVEMBER 2032 AND CLASS E SECURED FLOATING RATE NOTES
DUE 21 NOVEMBER 2032, IN TERMS OF CONDITION 7.3.3 OF THE TERMS
AND CONDITIONS OF THE NOTES (AS AMENDED)
1 We refer to the asset backed note programme implemented and
executed by the Issuer under the programme memorandum executed
by the Issuer on 28 October 2005 (the "Programme Memorandum"),
as amended and supplemented by the Transaction Supplement
issued by the Issuer and dated 18 November 2010 (the
"Transaction Supplement").
2 Capitalised terms used in this letter and not otherwise
defined herein, shall have the meanings ascribed to those
terms in the Programme Memorandum, as amended and supplemented
by the Transaction Supplement.
3 The Issuer delivers this notice to the Central Securities
Depository's Nominee, the Settlement Agent and the JSE in
accordance with Condition 17.2 of the Terms and Conditions of
the Notes.
4 Having received the Originator's prior written consent, the
Issuer intends, on or about 23 November 2015 (the "Proposed
Issue Date"), to -
4.1 issue Tranches of various Classes of Notes(the
"Refinancing Notes"); and
4.2 use the proceeds from the Refinancing Notes to redeem all
of the Class A6 Notes, the Class B Notes and the Class E Notes
previously issued by the Issuer and each with a Step-Up Call
Date of 21 November 2015 (the "Refinanced Notes"), in
accordance with Condition 7.3.3 of the Terms and Conditions of
the Notes, at their respective aggregate Outstanding Principal
Amounts (together with interest accrued thereon).
5 The Issuer hereby notifies each holder of the Refinanced
Notes that the Issuer will redeem the Refinanced Notes at
their respective aggregate Outstanding Principal Amounts,
together with interest accrued thereon, on the Proposed Issue
Date, utilising the proceeds from the Refinance Notes.
6 It is recorded that the Issuer is entitled to withdraw this
notice of its intention to redeem the Refinanced Notes
referred to in 4 at any time prior to the Proposed Issue Date
and, following such withdrawal, will not be obliged to redeem
the Refinanced Notes on the Proposed Issue Date. Should the
Issuer wish to redeem the Refinanced Notes at a later date
(which date will be on or before 21 December 2015), the Issuer
will, issue a new notice notifying each holder of the
Refinanced Notes of such intention no later than five days
prior to the rescheduled date of redemption. The redemption of
the Refinanced Notes on the rescheduled date of redemption
shall be pursuant to the issuance of additional Classes of
Notes on or about such date.
Johannesburg
09 November 2015
Debt Sponsor
The Standard Bank of South Africa Limited
For further information please contact:
Mike Brunke SBSA (011) 721 8101
Abdul K Ismail SBSA (011) 721 8806
Blue Granite Investments No.1 (RF) Limited information:
Standard Bank Centre
9th Floor Reception 3
5 Simmonds Street
Johannesburg
2001
Date: 09/11/2015 02:00:00 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.
