FOX STREET 1 (RF) LIMITED - Change in credit rating - FS1B1, FS1C1

Change in credit rating - FS1B1, FS1C1

Fox Street 1 (RF) Limited

(Registration Number 2012/219346/07)




Credit rating announcement



Noteholders are advised that Fitch Ratings has upgraded Fox Street
1 (RF) Limited’s notes National Long-term ratings as follows:


Stock code:                  FS1B1
ISIN number:                 ZAG000109455
Change in rating:            upgraded to A(zaf) from A-(zaf)



Stock code:                  FS1C1
ISIN number:                 ZAG000109463
Change in rating:            upgraded to BBB(zaf) from BBB-(zaf)




Date:          15 January 2016



Sponsor:       Investec Bank Limited

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