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COMMISSIONER STREET NO 4 LIMITED - MEFSA4 and MEFSA6 - Interest Rate Resets

Release Date: 12/01/2016 10:54
Code(s): MEFSA4 MEFSA6     PDF:  
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MEFSA4 and MEFSA6 - Interest Rate Resets

COMMISSIONER STREET NO.4 (RF) LIMITED

Bond Code: MEFSA4        ISIN Code: ZAG000089772
Bond Code: MEFSA6        ISIN Code: ZAG000089798

INTEREST RATE RESET

The above Notes pay interest based on the 3 month JIBAR rate (“JIBAR”) plus a margin; however interest is paid
on a 6 monthly basis. Accordingly, three months after the first interest reset, the interest calculated to that date is
capitalised; the base rate is reset to the current JIBAR and interest is calculated for the remaining three month
period to the interest payment date (“Interest Payment Date”).

The table below sets out the details of the interest reset dates, rates applicable (where currently available) and the
Interest Payment Dates. The nominal date for payment or interest reset is the 5th day of the applicable month, but
when the Interest Payment Date falls on a non-business day, such Interest Payment (or reset) Date is postponed to
the next business day (“Following”). The dates below indicate the Following dates where applicable.

Notice is hereby given that the 3 month JIBAR rate (“JIBAR”) as at 5 January 2016 is 6.633%.

              First interest period                         Second interest period                     Interest
Note          Reset                          All in         Reset                           All in     Payment
              date         JIBAR    Margin   rate           date         JIBAR    Margin    rate       Date
MEFSA4        05/01/2016   6.633%   1.700%   8.333%         05/07/2016   N/A      1.700%    N/A        05/07/2016
MEFSA6        05/01/2016   6.633%   2.050%   8.683%         05/07/2016   N/A      2.050%    N/A        05/07/2016

12 January 2016

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

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